A business plan.
A business plan is a comprehensive tool to plan out aspects of your idea so that you have a smart strategy when you decide to make it a reality.
Answer: Execution of the Business plan
Explanation: In order to transform your business ideas to reality the basic most important thing to do is to start executing them.
Lay down the process of. the things you must do which includes, you conducting a market research of your target market, then you must implement a good strategy, put into writing a sound business plan, secure the right space, and not forgetting getring the right staff.
Max lives in boston and earns $132,500 per year. if max decides to move to san francisco, what annual salary will he need to make in order to maintain the same real wage?
The student's question involves understanding the cost of living between different cities. Calculating Max's needed salary in San Francisco, accounting for cost of living, Max would need about $202,725 to maintain his current standard of living.
Explanation:This question focuses on the concept of the cost of living, which varies from city to city. In order to maintain the same real wage, Max would need to compensate for the different living costs between Boston and San Francisco.
The cost of living ratio between Boston and San Francisco is roughly 1:1.53, meaning San Francisco is about 53% more expensive to live in than Boston. Using this ratio, we can calculate Max's required salary in San Francisco:
Required Salary in SF = Current salary x Cost of living ratio
= $132,500 x 1.53
= $202,725 per year
Thus, in order to maintain the same real wage, Max would need an annual salary of approximately $202,725 if he moved to San Francisco.
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To maintain the same standard of living when moving from Boston to San Francisco, Max would need approximately $214,250 per year, considering San Francisco's roughly 62% higher cost of living compared to Boston. This adjustment in salary would preserve his current purchasing power and lifestyle in the more expensive city.
To maintain the same standard of living when moving from Boston to San Francisco, Max needs to consider the cost of living difference between the two cities. San Francisco's cost of living is notably higher than Boston's.
According to cost of living indexes, San Francisco is roughly 62% more expensive than Boston. To retain the same real wage, Max would need to adjust his salary accordingly.
Assuming Max wants an equivalent lifestyle, he'd need to increase his earnings by about 62%. With a $132,500 salary in Boston, to match the cost of living in San Francisco, he'd need an annual salary of approximately $214,250 ($132,500 + 62% = $214,250) to ensure a similar purchasing power and lifestyle in the more expensive city.
Adjusting his salary to meet the increased living expenses will help Max maintain his current standard of living when relocating to San Francisco.
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When a surplus exists in a market, sellers
a. raise price, which increases quantity demanded and decreases quantity supplied, until the surplus is eliminated.b. raise price, which decreases quantity demanded and increases quantity supplied, until the surplus is eliminated.c. lower price, which increases quantity demanded and decreases quantity supplied, until the surplus is eliminated.d. lower price, which decreases quantity demanded and increases quantity supplied, until the surplus is eliminated g?
lower price, which increases quantity demanded and decreases quantity supplied, until the surplus is eliminated. When there is a surplus we want to increase demand and reduce the supply. Lowering prices does this!
Question 6 unsaved budd, the purchasing agent of lake hardware wholesalers, has a relative who owns a retail hardware store. budd arranged for hardware to be delivered by manufacturers to the retail store on a cash-on-delivery (c.o.d.) basis, thereby enabling his relative to buy at lake's wholesale prices. budd was probably able to accomplish this because of lake's poor internal control over
Serious violations can earn prisoners a "_________," a disciplinary report forwarded to a higher authority for action.
The answer is "a ticket"
Under armour is establishing a ______ pricing objective to maintain or increase its product's sales in relation to total industry sales. return on investment survival product quality market share status quo
Market share pricing
Under Armour is establishing on a 'market share' pricing objective to maintain or increase its presence in the market, which helps ensure dominance and relevancy amidst competition. By offering competitive prices and controlling market share, despite rivals' pricing strategies, Under Armour can continue to lead the industry. Porter's strategies of cost leadership or product differentiation support this objective by sustaining economic profit over time.
By focusing on market share, Under Armour aims to control a sizable portion of the market, thus ensuring its dominance and continued relevancy amidst competition. An analysis of their situation reveals that while they could increase prices to enhance profitability—given their industry-leading 20% gross margin and 9.7% return on sales (ROS)—the risk of losing market share and the accompanying benefits of market leadership might be significant. Their current strategy leads the industry, as their contribution margin at $23/unit demonstrates operational excellence and a superior return on investor equity, giving them an advantage over Company #1, their closest competitor.
In the financial planning model external funds needed (efn) is equal to changes in
Assets - (liabilities + equity)
Hope this helps!
Answer:
Hi your question lacks the required options here is the complete question and options
In the financial planning model, the external financing needed (EFN) as shown on a pro forma balance sheet is equal to the changes in assets:
A. plus the changes in both liabilities and equity.
B. plus the changes in liabilities minus the changes in equity.
C. minus the change in retained earnings.
D. minus the changes in liabilities.
E. minus the changes in both liabilities and equity.
Answer : Changes in assets minus the changes in both liabilities and equity ( E )
Explanation:
The external financing needed is calculated by subtracting the the working capital needs of a company and the company expenditures from the net income of the company and this will help determine how much of external financing that the company will require.
Hence from the options listed the assets the changes in assets minus the changes in both liabilities and equity which is equivalent to the company's expenditure and net income of the company.
Data mining is a highly effective tool in the catalog-marketing industry. Catalogers have the history of transactions on millions of customers dating back several years. Data-mining tools can identify patterns among customers and help identify the most likely customers to respond to upcoming mailing campaigns. In two to three sentences, describe why data mining is important in the catalog-marketing industry.
The patterns identified through data mining can help identify customers who may respond to campaign. This tactic will likely increase sales.
Answer:
Data-mining is a powerful tool that can help companies turn a whole lot of unrelated data into useful information. The catalog marketing industry has tons of data regarding customers' purchasing habits, therefore data-mining tools can help them turn that huge amount of scattered data into more specific and relevant information like sales trends, market segmentation, etc.
A new process design means that one team is responsible for doing something that used to be done in final assembly. It adds about 10 minutes to the team’s process and decreases their output by 10 percent. The assemblers’ output has jumped by almost 20 percent at the same time. Normally, the team leader would be worried about reporting that his group is slowing down. Instead, he is pleased. How would you describe the value of this team leader to the company?
He is a system thinker able to understand the big picture.
He is able to motivate staff, even outside his own team.
He is a detail thinker who bases decisions strictly on numbers.
He is dysfunctional because he is sub-optimizing his own group.
This team leader is a system thinker able to understand the big picture.
Even though one department has slowed down, the over all process speed and output has increased. The team leader is looking at the “big picture” in that the process has been improved and made faster, regardless of the fact that one department takes longer with the new process.
So there are infrastructure costs (refining, transportation, distribution, etc.) and other costs that go into the price we pay for our transportation fuels. the amount we pay per year is a function of 1) our investment in the vehicle (plus repairs, insurance, etc.) and 2) the annual cost of the fuel we use. the annual cost of fuel is a function of how much we pay for fuel, how many miles we drive (often noted as vmt or vehicle miles traveled), and the fuel efficiency of our vehicles (mpg).
my answer would be number 2 goes by how much we pay on annual sales per yr far as paying for gas n the cost of gas
An automaker's model has a low price and gets great gas mileage. These aspects are _[blank]_ of the product.
features
strategies
benefits
positioning
Answer:
Features
Explanation:
Product features are the things that will provide benefits to the customer. A low price provides the benefit of saving money. Great gas mileage is a feature that provides the benefit of longer times before stopping for gas, helping the planet, and saving money.
Another example: fast internet speeds are a feature with the benefit that you can look up information that you need quickly and easily.
The low price and great gas mileage of an automaker's model are considered benefits.
Explanation:The correct term to describe the low price and great gas mileage of an automaker's model is benefits.
Benefits refer to the advantages or positive qualities that a product or service offers to the customer. In this case, the low price and great gas mileage are strong selling points that benefit the consumer.
Customers would be attracted to these benefits because they save money on the initial purchase price and ongoing fuel costs. Additionally, the great gas mileage also implies reduced environmental impact and benefit to the environment.
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Kramer goes to lawn & garden to tune up his mower. martin, the service technician, learns that kramer's lawn is overgrown and rocky and advises the use of a certain type of oil, plug, filter, and blade. later, while kramer is mowing his lawn, the mower breaks down due to the use of the items recommended by martin. kramer may recover from lawn & garden for breach of
An implied warranty of fitness for a paticular purpose
Which generational group has the highest correlation between corporate social responsibility and job satisfaction?
The Millennial generation as they emphasize corporate social responsibility.
Hello. This question is incomplete. The full question is:
"Which generational group has the highest correlation between corporate social responsibility and job satisfaction? A. Millennial B. Generation Alpha C. Generation X D. Baby Boomers E. G.I. Generation"
Answer:
A. Millennial
Explanation:
The millennial generation, also known as Generation Y, refers to citizens born in the early 1980s until 1995. This is the generation most likely to have the greatest correlation between corporate social responsibility and job satisfaction.
This is because the generation before that did not have the habit of correlating corporate social responsibility and job satisfaction. This caused this generation to have serious professional problems and even people. The children of this generation are members of the millennial generation and witnessed the precariousness of the previous generation, being able to correct certain errors and realizing how the correlation of these two factors is important for professional success when it comes to peace and personal satisfaction.
What are disadvantages to bill consolidations?
Debt consolidation, or credit card consolidation, involves taking out a new loan to pay off multiple debts or credit card balances. ... Other advantages include having fewer payments to make each month, and less likelihood that you'll be late on payments.
The disadvantages are given below.
It won't solve financial problems on its own.There may be up-front costs. You may pay a higher rate. Missing payments will set you back even further.What are the risks of debt consolidation?The biggest risks associated with debt consolidation consist of credit score rating damage, costs, the capability to not get hold of low sufficient prices, and the opportunity of dropping any collateral you positioned up. another threat of debt consolidation is finishing up with greater debt than you begin with if you're now not cautious.
One in every of the biggest risks of debt consolidation is that it isn't always on hand for everybody. if you have poor credit, you'll probably no longer get approved for the loan. Even in case you do, you won't be getting the exceptional hobby charge if your credit score rating is underneath seven hundred.
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Connie and sam's detached garage was recently destroyed by a tornado. their house was insured for $135,000, and the detached structures coverage was 10 percent of the insured value of the home. the loss to the garage was valued at $15,000. the insurance company would pay ____ less the deductible on this loss.
The correct answer is $13,500
The insurance coverage for the garage will cover the garage for 10% of the insured value of the home. This is calculated by multiplying .1 x $135,000 = $13,500.
Even though there is $15,000 in damage, the garage is only covered for $13,5000 of insurance.
An organization that regularly provides a standardized set of data on a periodic basis to its subscribers is called a ______.
a. syndicated service
b. full-service research supplier
c. market simulation firm
d. supplier relationship management company
Performance, polygraph, or drug test are?
A.always written in standard English
B.illegal and cannot be given
C.sometimes used by employers in various fields to test job applicants
D.required for job seekers without social security numbers
The correct answer is choice C.
Performance, polygraph and drug tests are sometimes required by employers in various fields in order to screen applicants.
Joel is asked to provide a description of his neighbor's car after the car and the neighbor both disappear. he is surprised to find that he really can't accurately recall the make of the car or any special details that might help in identifying it. in this case, joel may be experiencing
Joel is asked to provide a description of his neighbor's car after the car and the neighbor both disappear. he is surprised to find that he really can't accurately recall the make of the car or any special details that might help in identifying it. in this case, joel may be experiencing Pseudoforgetting.
A situation where a consumer's willingness to use an item depends on how many others use it is
a. price-leadership.
b. a positive-sum game.
c. a vertical merger.
d. a network effect.
D. A network effect
Just cazuals, a brand of street wear in california, recently advertised its newly launched line of clothing. the firm pays spydrware, a search engine, for delivering the link to its website as the top search result to internet users when they search for words such as "jeans" and "fashion." this is an example of
This is an example of Keyword advertising
The brand is advertising for the spyware, search engines or paying for delivering the link to its website, so this is an example of Key word advertising.
What is Keyword advertising?Keyword advertising is a form of advertising on the internet, in which a business pays to have an advertisement or a link to a website appear on someone's computer screen when they use a particular word or phrase to search for information on the internet. Keyword advertising makes it easier for consumers to find your site.
A keyword is a term used in digital marketing to describe a word or a group of words an Internet user uses to perform a search in a search engine or search bar.
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Youth smoking seems to be more __________ than adult smoking-that is, the quantity of youth smoking will fall by a greater percentage than the quantity of adult smoking in response to a given percentage increase in price.
Youth smoking is more elastic than adult smoking according to price elasticity of demand. This means that the percentage decrease in the quantity of smoking by youths will be larger compared to adults in response to a certain percentage increase in price. This could be due to reasons like lower disposable income among youths or lesser addiction levels.
Explanation:In this context, the given sentence is describing the phenomenon of price elasticity of demand, a fundamental concept in economics. This concept measures how responsive the demand for a good is to a change in its price. If the demand for a good decreases by a larger percentage as compared to the percentage change in its price, we say that demand for this good is highly elastic. Therefore, youth smoking in this case is said to be more elastic than adult smoking. This would mean that if the price of cigarettes increases by a certain percentage, the decrease in the quantity demanded by youths will be larger compared to adults. This phenomenon might be due to the fact that youth have less disposable income as compared to adults or that youth are less addicted to smoking compared to adults and, therefore, more likely to cut back when the prices go up.
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Haley romeros had just been appointed vice president of the rocky mountain region of the bank services corporation (bsc). the company provides check processing services for small banks. the banks send checks presented for deposit or payment to bsc, which records the data on each check in a
The bank sends checks present for deposit or payment to the bank services corporation where Haley Romeros is the vice president and it records the data on each check in a computerized database.
What is a database?A database can be understood as a piece of information that is set up for easy access, management and updating. Computer databases typically store aggregations of data records or files that contain information, such as sales transactions, customer data, financials and product information.
Databases are used for storing, maintaining and accessing any sort of data. They also collect information on people, places or things and that information is gathered in one place so that it can be observed and analyzed. Databases can be thought of as an organized collection of information.
Databases were first created in the 1960s and the early databases were network models where each record is related to many primary and secondary records.
Hierarchical databases were also among the early models.
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The question involves business management, where Haley Romero is appointed as vice president of BSC, a company that provides check processing services. Her role would include optimizing operations and enhancing customer service for the associated small banks.
The company's role in providing check processing services for small banks involves ensuring efficiency and accuracy in recording the data on each check. As a newly appointed vice president, Haley would likely focus on streamlining the process, improving customer satisfaction, and maintaining robust data management practices to serve the associated banks effectively.
A car rental agency that was planning to internationalize its operations would most likely select a(n) ________.
I think this is the answer Franchisor
Suppose a consumer purchased a new television for $1000 2 years ago. Today, that person sold it in her garage sale for $200. How does this affect the current GDP.
It will not affect the current GDP at all. GDP is a measure of all newly produced goods and services during a year, so 2 years ago the TV's full value would have been included in the GDP, but the sale of the TV as a used good later on would not be counted.
Kyoko is managing a team of people who are working on a critical project. she wants to use positive reinforcement, but the days are so busy that she never seems to find the time. what should kyoko do to best overcome this obstacle to the use of positive reinforcement?
Kyoko needs to find the time.
When people’s days are busy they need to prioritize their tasks and do the ones that are the most important. Kyoko needs to make the use of positive reinforcement one of their priorities for the day. Another thing to consider is doing positive reinforcement while doing something else. For instance, praising the quality of someone’s work while doing another task.
To best overcome time constraints with positive reinforcement, Kyoko should schedule specific times for it, deliver quick recognitions daily, and offer more substantial rewards for substantial project milestones.
Explanation:Kyoko can overcome this obstacle by scheduling specific times for positive reinforcement. She can make a habit of setting aside a few moments each day to appreciate the efforts of her team. This doesn't have to be a big, time-consuming event. Kyoko can simply spend a few minutes at the end of the day or the beginning of the next to thank her team for their hard work or point out something specific that a team member did well.
In addition to these daily recognitions, Kyoko can set more substantial rewards for significant project milestones. This not only promotes a sense of achievement among the team but also gives them something to look forward to as they work towards their goal. By doing this, Kyoko will be effectively using positive reinforcement in managing her project even in the midst of a busy schedule.
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Suppose the value of the price elasticity of supply is 4. what does this mean? a 1 percent increase in the price of the good causes the supply curve to shift upward by 4 percent. a 4 percent increase in the price of the good causes quantity supplied to increase by 1 percent. for every $1 increase in price, quantity supplied increases by 4 units. a 1 percent increase in the price of the good causes quantity supplied to increase by 4 percent.
A. 1% increase in the price of the good causes the supply curve to shift upward by 4 percent.
Jose visited a garage sale and found a baseball card collection which he believed was worth over $1,000. he bought the collection for $50.00 from wanda. later jose discovered the collection was essentially worthless and demands his money back from wanda. must wanda refund jose's money?
Wanda does not have to refund his money. Wanda never said the collection was worth 1000 dollars or wroth anything. Jose assumed the value and paid the asking price. Wanda has no legal obligation to refund the money.
In this case, Wanda is not legally obligated to return Jose's money. The principle of 'caveat emptor' or 'let the buyer beware' applies, meaning the buyer assumes the risk of the purchase. Prices of collectibles can fluctuate and a high return is not generally guaranteed.
Explanation:The subject of this question relates to the field of law, specifically focusing on contracts and consumer transactions. In the case where Jose bought a baseball card collection from Wanda for $50.00, believing it to be worth over $1,000, but later found it to be worthless, the question arises - does Wanda have an obligation to refund Jose's money?
The answer to this might depend on the specific circumstances of the transaction. Generally, in a private sale like a garage sale, the principle of 'caveat emptor' or 'let the buyer beware' applies. This means that the buyer takes the risk on the quality of the goods. Unless Wanda made explicit guarantees about the value of the baseball card collection or knowingly misrepresented the goods, she would usually not be obligated to refund Jose's money.
It's a reminder that when investing in collectibles, such as baseball cards, it is important to conduct due diligence before making a purchase. As with other tangible assets, prices of collectibles can fluctuate, and making a higher-than-average rate of return over a sustained period of time is not generally to be expected.
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Larry tells you that his 10-year-old cousin recently completed an intelligence test that translated raw scores into deviation iq scores. larry knows that his cousin's score was 120, but he is not sure what this means. you should tell him that his cousin select one:
a. scored at the mean for the average 12-year-old.
b. answered 120 questions correctly on the test.
c. scored above the mean for 10-year-olds.
d. scored below the mean for 10-year-olds.
A scored at the mean the average 12-year old
The correct answer is C. Scored above the mean for 10-year-olds.
Explanation:
IQ tests are used to measure intelligence in individuals by testing mathematical ability, memory, analytical skills, among others. As a result of this process, individuals obtain a score that classifies them into three categories that include average intelligence, low intelligence or high intelligence. Nowadays, the rate for average intelligence is between 85, and 115, this implies if Larry's cousin obtained a score of 120 he is above the mean for 10-year-olds because this score is about 115 considering the average in IQ score is from 85 to 115.
What is automatic call distribution? multiple choice directs customers to use touch-tone phones or keywords to navigate or provide information. all of these. routes inbound calls to available agents by means of a phone switch. automatically dials outbound calls and when someone answers, the call is forwarded to an available agent?
Routes inbound calls to available agents by means of a phone switch. This is used for inbound calls.
Automatic Call Distribution is a call center technology that routes incoming calls to suitable agents. It may also use Computer-Assisted Telephone Interviewing and robo-poll features to conduct interviews and surveys in a more efficient and data-rich way.
Explanation:Automatic Call Distribution (ACD) is a technology used in telephony to direct incoming calls to the most suitable agent within a call center. This technology eliminates the need for a human switchboard operator as it uses a set of instructions to determine the best recipient for any particular inbound call.
An ACD may also be equipped with Computer-Assisted Telephone Interviewing (CATI) and robo-poll features. These functions help not only in routing calls but also in providing interactive customer service, conducting interviews, and administering surveys. The CATI system automatically dials numbers from a predetermined list and connects the call to an available agent when answered.
Robo-polls on the other hand are totally automated; they dial numbers, ask questions via a pre-recorded voice, and record responses by employing the touch-tone input from the recipient's handset. Both of these functions improve the efficiency of a call center and allow for greater data collection and analysis for businesses.
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Ethical standards are only of concern when preparing an informative speech. false true
False, ethical standards are important and should guide decisions in every aspect of life and business.
In the program evaluation and review technique (pert), the _____ determines the minimum amount of time in which a process can be completed. critical path critical activity predecessor event job scope job depth
The critical path, which is only the most essential components to an operation.
In PERT, the critical path determines the minimum time in which a process can be completed. It represents the longest sequence of activities in a project that has no buffer time, hence any delay in the activities on the critical path directly impacts the planned project completion date.
Explanation:In the Program Evaluation and Review Technique (PERT), the critical path determines the minimum amount of time in which a process can be completed. The critical path represents the longest sequence of activities in a project plan which must be completed on time for the project to complete on its due date. Any delay in an activity on the critical path directly impacts the planned project completion date. This is due to the fact there are no spare or 'buffer' time with critical path activities. Hence, a delay in any of these activities will impact the total time of the project directly, as there is no predecessor or successor that can compensate this delay.
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