Because the progressive marketers noticed a change in the technological environment, the firm decided to create a mobile app that allows customers to start photo estimates for insurance claims.
What is a technological environment?This have to do with a firm external environment that is related to its developments and changes in technology.
Here, the change in the technological environment birthed the firm decision to create a mobile app that allows customers to start photo estimates for insurance claims.
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Amazon is considered one of the best digital marketers and is known for establishing relationships with customers. The company typically asks website visitors to register and opt-in to receiving e-mail communication and other offers. Thus, Amazon can identify visitors to its site before they make a purchase. Amazon is utilizing the _______ feature of online media.
Since Amazon can identify visitors to its site before they make a purchase, it is utilizing the addressability feature of online media.
What is digital marketing?This is an aspect of online channel, in which organizations use to promote their brand or image. Here, people who are digitally inclined can connect to the company's product offering.
Benefit of digital marketing are:
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Suppose you spend time clipping coupons for cereal before going to the grocery store. However, once you arrive at the store you realize that the coupons have already expired. The time spent clipping coupons are an example of a ...
The time taken on clipping the coupons prior to going to the grocery store would be an opportunity cost.
What does the opportunity cost mean?
The opportunity cost is the amount that an individual has to forget on choosing another alternative.
When arriving at the grocery store, the individual got to know that the coupons he/she has have already been outdated. This shows that the time of clipping the coupons would result in the forgone benefits of availing of the coupon on time.
Therefore, the opportunity cost is represented by the time taken to clip the coupons.
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If the LRATC curve is falling, then Group of answer choices economies of scale are present. constant returns to scale are present. diseconomies of scale are present.
If the LRATC curve is falling, economies of scale are present.
What is LRATC?A business indicator known as long-run average total cost (LRATC) shows the average cost per unit of output over a lengthy period of time when all inputs are assumed to be erratic and the production scale is flexible. The long-run average cost curve displays the long-run total cost of production at the lowest level of output.Because businesses can adjust major parts of their operations, like factories, over a lengthy period of time to attain maximum efficiency, long-term unit costs are typically lower than short-term unit costs. Identifying the lower boundaries of LRATC is a goal shared by investors and firm management. If the LRATC curve is falling, economies of scale are present.To learn more about LRTAC refer to:
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the ability of the competitive forces of supply and demand to establish a price at which selling and buying decisions are consistent is called ______.
The ability of the competitive forces of supply and demand to establish a price at which selling and buying decisions are consistent is called the rationing function of prices.
What is the rationing function of prices?Rationing function of price is used to measure the goods that consumer can use their money to buy.
When their is scarcity of goods in the market this means that demand will be above supply and the outcome is that price of goods will tend to increase or bid up.
Therefore the ability of the competitive forces of supply and demand to establish a price is called the rationing function of prices.
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Although the unemployment rate is the single best indicator of how well the labor market is working, we discussed in class that it is considered incomplete because it: does not count discouraged workers. does not measure how well people are matched to their jobs. counts part-time workers who would like to work full time as fully employed.
The unemployment rate is not considered to be a complete measure because it does not count discouraged workers.
How is the unemployment rate calculated?
The unemployment rate includes only people who are still actively searching for work and they have to be in the labor force.
People who have looked for jobs for a while and then got discouraged and given up, are not counted as unemployed which therefore depresses the unemployment rate.
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How have airplanes changed the way the world does business? choose four answers
Airplanes changed the way the world does business by decreasing the cost of long-distance travel and improving the speed with which it may be completed. This is further explained below.
What are Airplanes?Generally, is simply defined as an airplane, a motorized aircraft with fixed wings that displaces more air than it weighs.
In conclusion, new trade and employment possibilities can be accessed with little disruption to existing business operations.
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The output of u. S. Citizens who work in canada would be included in the
The output of u. S. Citizens who work in Canada would be included in the: D. Gross domestic product.
What is gross domestic product?Gross domestic product can be defined as the value of goods or products produce within a country at a particular period of time.
If a united State of American citizen work in Canada the output of the United State citizen will be added to the Gross domestic product of Canada.
Therefore the correct option is D.
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A natural barrier that faces Argentina when it sells beef to Siberia is: Group of answer choices custom regulations distance government controls exchange controls taxes
A natural barrier that faces Argentina when it sells beef to Siberia is distance.
Why distance is a barrier to trade?Due to the fact that markets within countries are typically closer together than markets between countries, distance reduces international trade in comparison to domestic trade. Most overseas markets have higher transportation expenses than they do for domestic markets, frequently by a significant margin. Given that distance seems to restrict trade more than can be compensated for by transportation, it is possible that distance is also linked to greater non-transportation trade costs.
For example, the price of carrying the beef from Argentina to Siberia could make it too expensive even though farming beef there may be less expensive than raising beef in the freezing cold of Siberia. Thus, one of the inherent obstacles to international trading is distance.
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Sutton is a partner of RST Partnership. RST distributed $3,000 cash and a building with an adjusted basis of $10,000 and a fair market value of $50,000 to Sutton. Before the distributions, Sutton's basis in the partnership was $90,000. What amount of these distributions is taxable to Sutton in the current year
Based on the basis of the distributions and Sutton's basis in the partnership, the amount of taxable distributions to Sutton is $0.
How much of the distributions can be taxed?The distributions can only be taxed if they exceed Sutton's basis in the partnership of $90,000.
As neither the cash distribution nor the building, have enough to surpass Sutton's basis, the taxable distributions will be $0.
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See the "zane corbin, accounting major" case for this question. given the facts available in this case, do you believe the upchurch medal awarded to zane corbin should have been rescinded despite the outcome of the academic misconduct hearing? why or why not?
No, Cobin should have been stay to see the result of the academic misconduct hearing because he has some facts available in this case.
What is the William J Upchurch medal?The William J Upchurch medal is a final undergraduate award, which is given annually to the outstanding seniors in the Hopkins college of Business.
The criteria for the award consists overall GPA, GPA in business courses, involvement in student organization etc.
The facts available in this case are: Cobin was attending the orientation session in his junior year, & went to two career fairs in the past two year. He was also a member for two years. He should stay to see the result of the academic hearing.
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If you are recording your own audio clips, what is the best advice about
including a joke in a clip?
A. Effective speakers rarely include jokes in presentations.
B. It can help increase audience members' interest.
C. Jokes are not appropriate in persuasive addresses.
D. Jokes are appropriate, but only if the topic is humor
Answer:
B
Explanation:
As long as the joke is good
Suppose you are the owner of a picture frame store and you wish to calculate how many pictures you must sell to cover your fixed and variable costs at a given price. Demand for pictures is strong, so the average price customers are willing to pay for each picture frame is $120. Also, suppose your fixed costs (FC) total $32,000 (real estate taxes, interest on a bank loan, etc.) and unit variable cost (UVC) for a picture frame is $40 (labor, glass, frame, and matting). What is the quantity of picture frames you will need to sell to break even
Based on the selling price of the picture frames and the unit variable costs, the break-even point is 400 picture frames.
What is the breakeven point?This can be found by the formula:
= Fixed costs / (Selling price - Variable costs)
Solving gives:
= 32,000 / (120 - 40)
= 32,000 / 80
= 400 picture frames
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What is the value of total (also called social or economic) surplus?
The values of economic surplus is computed by remove in the actual selling price from the market price and the price a consumer is willing to pay.
What is economic surplus?
Economic surplus occurs when both consumer and producers are both benefiting from surplus.
This period they are both happy and satisfied.
Therefore, It is computed by remove in the actual selling price from the market price and the price a consumer is willing to pay.
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Marginal Incorporated (MI) has determined that its before-tax cost of debt is 5.0% for the first $74 million in bonds it issues, and 9.0% for any bonds issued above $74 million. Its cost of preferred stock is 15.0%. Its cost of internal equity is 18.0%, and its cost of external equity is 22.0%. Currently, the firm's capital structure has $400 million of debt, $60 million of preferred stock, and $540 million of common equity. The firm's marginal tax rate is 25%. The firm's managers have determined that the firm should have $67 million available from retained earnings for investment purposes next period. What is the firm's marginal cost of capital at a total investment level of $155 million
Answer:
The marginal cost of capital is 10.18%( 10.2% when rounded to 1 decimal place)
Explanation:
The requirement, in this case, is to ascertain the firm's cost of capital, its weighted average cost of capital, which is the sum of the after-tax cost of each component source of capital multiplied by their weight in the firm's capital structure, on the premise that the first $67 million would be from the internal equity, retained earnings
Balance of investment(after retained earnings)=$155-$67
Balance of investment(after retained earnings)=$88 million
Out of the $88 million,$74 million would be financed by debt which is a before-tax cost of 5.0% and the $14 million($88-$74) would be from additional debt which has a pretax cost of debt of 9.0% because raising additional debt is cheaper compared preferred equity and external equity whose costs are 15.0% and 22.0% respectively.
The after-tax costs of debt are computed thus:
after-tax cost for 5.0%=5.0%*(1-25%)
after-tax cost for 5.0%=3.75%
after-tax cost for 9.0%=9.0%*(1-25%)
after-tax cost for 9.0%=6.75%
WACC=(value of internal equity/total investment*cost of internal equity)+ (value of initial debt/total investment*after-tax cost of debt)+(value of additional debt/total investment*after-tax cost of debt)
WACC=(67/155*18.0%)+(74/155*3.75%)+(14/155*6.75%)
WACC=10.18%
what statement best explains why the supply curve is upward sloping?
The statement that best explains why the supply curve is upward sloping is: as the price increases quantity supplied increases.
What is supply curve?Supply curve can be defined as the amount of goods and service produce and supplied at a particular period of time.
When the supply curve slopes upward this tend to means that as the price rise quantity supplied will as well increases or rise . This occur when higher prices of goods and service tend to offer higher profits.
Therefore the statement that best explains why the supply curve is upward sloping is: as the price increases quantity supplied increases.
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Maria's New Year's Resolution is to save
more money. All of her spending should
be:
A. Impulsive
B. Unplanned
C. Intentional
If a firm has positive results from market testing, the next step will be the:
If a firm has positive results from market testing, the next step will be the: Product launch.
What is market testing?Market testing is a marketing strategy and can be defined as the way in which companies give out their product so as to receive feedback about the product or to know customer opinion about the product before producing the product in large quantity.
Based on the given scenario the next step if the company receive a positive feedback will be to launch the product.
Therefore the next step will be the: Product launch.
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An Office Manager uses a Periodic Review Inventory System: they check the inventory in their Office Supply Closet once every 10 days, placing an order with their supplier depending on the inventory level in the closet. This week, the manager has counted 140 post it notes in the closet. They have already placed an order with a supplier for 300 post it notes that should arrive in 3 days. What is the Office Manager's Inventory Position
There are 440 postings available in the inventory for office managers. it keeps the manager's position stable.
What is an inventory system?Software for tracking inventory levels, orders, sales, and deliveries is called inventory management software. It can be used to construct a work order, bill of materials, and other documents connected to production in the industrial sector.
The inventory position is determined using the following formula:
= Current stock counted in the closet + prior supplier orders
where,
In-room post are=140
Ordered=300
Now the inventory is calculated as :
140 Post+ 300 post
= 440 post
Hence, the position of mangers inventory is 440 posts.
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An ice cream manufacturer makes ice cream in two processes, Mixing and Packaging. During April, its first month of business, the Packaging department transferred 208,000 units and $665,600 of production costs to finished goods. The company completed and sold 200,000 units at a price of $4.70 per unit in April. What is the total gross profit on ice cream sales for April.
Based on the sales revenue that the ice cream manufacturer got and the cost of goods sold, the total gross profit on ice cream sales is $300,000.
How is the total gross profit calculated?This can be found as:
= Sales revenue - Cost of goods sold
Sales revenue:
= 200,000 x 4.70
= $940,000
Cost of goods sold:
= Total production cost / Total units produced x Units sold
= 665,600 / 208,000 x 200,000
= $640,000
Gross profit:
= 940,000 - 640,000
= $300,000
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Willard works as a representative focused on the senior marketplace. What would be considered prohibited activity by willard?.
The act of Implying that only seniors can enroll in a Medicare Advantage plan when meeting with Mr. Hernandez would be considered a prohibited activity by Willard.
What is a prohibited activity?This refers to those activities that are not permitted under code of conduct of an organization.
Hence, among other options, the act of Implying that only seniors can enroll in a Medicare Advantage plan when meeting with Mr. Hernandez would be considered a prohibited activity by Willard.
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Natalie, the supervisor of a 24-hour pharmacy, schedules the work shifts of her employees. Recently, two of her senior employees had a conflict because each of them wanted both Friday and Saturday nights off. Natalie gave one employee Friday nights off and the other employee Saturday nights off. In this case, Natalie used a(n) __________ strategy to resolve the conflict.
The compromise strategy is used by Natalie to resolve the conflict between the 2 employees.
What is the compromise strategy in conflicts?This refers to the resolving of conflict by identifying a solution that is half-satisfactory to both parties but completely satisfactory to neither.
As he give them offday on different days. then, the compromise strategy is used by Natalie to resolve the conflict between the 2 employees.
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Benjamin Moore Company provides paint and supplies to businesses and individuals through its network of company-owned retail outlets. Benjamin Moore employs outside sales representatives who make personal calls with prospects and customers in order to gain insight about their needs and persuade them to utilize Benjamin Moore for their painting projects. Typically, a Benjamin Moore sales representative will focus his or her efforts on specific customers such as hospital facility managers, apartment complex managers, painting contractors, or education institution facility managers. Benjamin Moore is utilizing the ______ variable for segmenting business markets.
In the systems portion of the business market, Benjamin Moore & Co. is leveraging types of organizational variables. Hence, option B is correct.
What is an organizational variable?An organizational variable is a characteristic of decision-making; a characteristic that influences the decision-making process and outcomes related to it. It includes a variety of factors such as the organization's code of ethics, top-level management, structure, size, and culture, among others.
According to Trevino's model (1986), an individual's ethics is also affected by an organization variable.
The complete question is attached in image form at the end.
Thus, option B: type of organization is correct for Benjamin Moore Company's business markets.
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the primary reason that governments tax economic activity is:
The primary reason why the government taxes economic activities is to generate revenue in order to pay for services rendered t the citizens.
What is Tax?Tax is a mandatory financial charge or levy imposed on taxpayers by a governmental organization in order to generate revenue to fund government spending.
Taxes are imposed on economic activities primarily to generate revenue for the government and fund government spending. Thes taxes are used to build infrastructures and pay workers.
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You market many different types of insurance and ordinarily you spend time each evening calling potential clients. To comply with requirements for marketing medicare advantage and part d plans, what must you do about contacting potential clients to market those plans?.
You have to avoid calling potential clients unless they initiate contact with you and specifically request that you give them a call.
What is a health care plan?A health care plan refers to a medical plan for the medical care of a particular patient which covers a part or whole risk of the medical expenses incurred such as Medicare.
In this scenario, we can reasonably infer that as a marketer, you should avoid calling potential clients to market those medical plans, unless they initiate contact with you and specifically request that you give them a call.
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Why will your time management skills be of the utmost importance while you are e-learning?
Time management skills will be of the utmost importance while you are e-learning because it will help us keep track of our progress and to avoid procrastinating.
What is e-learning?E-learning is the process of learning or accessing information through various online platforms.
Some of these e-learning platforms include Alison, coursera, You-Tube etc. Since this type of learning is self paced, an individual tend to procrastinate and hence prolonging the time needed to learn a particular skills
Due to this behaviour developed unconsciously, it is therefore important to learn the importance of managing time effectively.
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Podcasting, at its core, is about what?
A. Making money
B. Sharing
C. Obtaining market share
D. Influencing as many people as possible
Traditional management thinking treated human resource management primarily as a means to support a company's strategy. Traditional management thinking treated human resource management primarily as a means to support a company's strategy. false true
As regards the statement on how traditional management treated human resource management, this statement is FALSE.
How did traditional management treat human resources?Human resources was merely seen as a way to control labor and ensure they did not go out of bounds.
HRM was therefore not seen by traditional managers as a way to support the goals of the company, and its strategies.
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The given statement that says Traditional management thinking treated human resource management primarily as a means to support a company's strategy is true.
Traditional management thinking had a different approach toward human resource management. They considered the human resource of a company as mere factors of production.
As per traditional management thinking, the major focus was on the production and efficiency of the organization rather than the employees' well-being or job satisfaction.
They treated human resource management as a means to support the company's strategy. It was primarily concerned with recruiting and training employees to increase production and efficiency while keeping costs low.
The traditional management model viewed employees as easily replaceable and disposable, with little regard for their unique talents or individual needs.
This was seen as an effective way to run an organization, but over time it became clear that this approach was not sustainable or effective in the long term.
As a result, newer management models have emerged that place greater emphasis on employee engagement, motivation, and empowerment.
Hence, the right answer is true.
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the best alternative given up when we make a decision is called the ________ of that decision.
The best alternative given up when we make a decision is called the Opportunity Cost of that decision.
What is an Opportunity Cost?Opportunity cost is the forgone alternative when a decision has to be made.
For instance, if a meal has to be skipped to afford the payment of a book, then the opportunity cost or foregone alternative is the meal. Therefore, the correct answer is opportunity cost.
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Trina sells dolls and accessories, and doesn't have much time to update her Search campaigns with her ever-changing inventory. How can Dynamic Search Ads help Trina
Trina will benefit from Dynamic Search Ads that can automatically generate keyword lists based on the content of websites.
What are dynamic search ads?Dynamic Search Advertisements leverage the content of your website to target your ads and can assist fill in the gaps of your keyword-based campaigns. They are ideal for advertisers with a well-developed website or a huge inventory. In order to keep your advertising relevant and save you time, Dynamic Search Ad headlines and landing pages are also generated using material from your website. You only need to include a unique description.Therefore, Trina will benefit from dynamic search ads because they can automatically generate keyword lists based on the content of websites.
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The airlines sold fewer tickets to business travelers during the "Great Recession" due to more companies using video conferencing software to save money. According to the five forces model, this type of threat is called the
According to the five forces model, this type of threat is called the threat of substitute products.
What are the five forces model?The five forces model is used to analyse the competitiveness among firms in an industry. They are also referred to as the Porter's five forces.
One of the five forces is the threat of substitute products. If there are little or no substitutes for the goods produced by other companies, the greater the power the firms possesses. Video conferencing is an alternative to physical meetings.
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