Answer:
150 tickets
Explanation:
Writing out needed parameters :
Price per student ticket (price of one student ticket) = PHP 75
The total revenue made from ticket sales ; (Total amount earned from the sale of student tickets) = PHP 11,250
The number of student tickets sold will be:
Total amout earned from sale / cost per ticket
PHP 11250 / PHP 75
= 150 tickets
Why would a manager begin the evaluation process by asking the individual to evaluate his or her contributions to the project?
Answer:
To determine the employee's strengths and weaknesses
Explanation:
The reason a manager would begin the evaluation process of an employee by asking the individual to evaluate his or her contributions to the project is "to determine the employee's strengths and weaknesses"
This is a form of self-assessment to the employee. Hence, it allows the employer to let the employee know his current abilities and proficiency without the need for an appraiser or biased judgment.
For example, the self-assessment will include questions like "what are my strengths"
the negative impact of the coronavirus on businesses
Answer:
UNEMPLOYMENT..
main cause..
Name any FIVE causes of stress in the workplace
Answer:
1. long hours
2. tight deadlines
3. heavy workload
4. changes to duties
5. job insecurity
URGENT.
True or false. The marketing department is the most important function in business.
Answer:
True
Explanation:
Without the marketing department the business is demolished
Answer:
The answer is true.
Explanation:
The marketing department is one of the most important things a business can do. Not only does marketing build brand awareness but it can also increase sales, grow businesses and engage customers.
On a base level, marketing is useful for customer education. The business owner and employees know the ins-and-outs of the product but do the consumers? In order to buy into a product, the audience needs to have a solid understanding of what it does and how it works. Marketing is the most effective way to communicate the value proposition to the customers in a fun and interesting way. If consumer education is a priority then marketing should be too.
Modern marketing is a less expensive game than ever before. Social media platforms and email campaigns have made reaching out to consumers a much more finance-friendly possibility. Smart marketing can help even the playing field when it comes to competing against big name competitors. Due to the smaller nature of their businesses, SMB leaders often have much more time to pay attention to every client individually via the various marketing platforms. Modern consumers value experience over pricing, so this kind of one-on-one interaction could push customers in your direction over bigger brands.
Marketing is meant to sustain a company’s presence – not remedy a lack of engagement. In this sense, marketing is something that businesses need to create and manage every day to maintain a healthy relationship with their consumers. Marketing is important because it allows businesses to maintain long-lasting and ever-present relationships with their audience. It is not a one-time fix, it is an ongoing strategy that helps businesses flourish.
Customer engagement is the heart of any successful business – this is especially true for SMBs. Marketing solves the question of how to keep a conversation going once the customer has walked out the door. In the past, face-to-face interactions made up much of B2C engagement. Consumers want to be engaged outside the store. This is where marketing comes in, and whatever the medium, a person can send their customers content to keep them engaged beyond store hours. The audience wants to form a relationship with your brand, and marketing can be used to do just that.
Marketing is important because it helps to sell your products or services. The bottom line of any business is to make money and marketing is an essential channel to reach that end goal. SMBs need to create fresh and inviting content to draw customers in and lead them to a purchase. Marketing helps sales and sales help your business.
Marketing is an important strategy to ensure the growth of a business. While the current customers should always be the main priority, marketing efforts can help to expand this base. Little efforts like social media posts and email campaigns can not only engage existing consumers but spread the word to new potential customers. In essence, marketing secures a business’s future through new and old customer engagement.
The systems viewpoint sees organizations as entities made up of four interrelated parts known as Group of answer choices inputs, outputs, transformation processes, and feedback. planning, design, inputs, monitoring, outputs, and follow-up feedback. vision, planning, design, production, monitoring, and follow-up feedback. planning, inputs, monitoring, outputs, and feedback. planning, design, monitoring, production, and feedback.
Answer:
inputs, outputs, transformation processes, and feedback.
Explanation:
The viewpoint of the system that could see the organziation as the entities as they should be made of the input as the raw material, output as the finished product, transformation process as when the raw material is converted into the finished product and the feedback as the client feedback related to the product and service
So as per the given situation the above should be the answer
Sally has a pizza restaurant and sells 30 pizzas for $5 each. Jim has a pizza restaurant around the corner from Sally, and he sells 30 pizzas for $5 each. If Sally and Jim both lower their price to $3, Sally’s customers will buy 60 pizzas, and Jim’s customers will buy 40 pizzas. The demand for Sally’s pizzas is more __________ than the demand for Jim’s pizzas.
Answer:
ELASTIC
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
Sally
percentage change in quantity demanded : (60/30) - 1 = 1
percentage change in price : (3/5) - 1 = -0.4
Price elasticity = 1 / -0.4 = 2.5
Jim
percentage change in quantity demanded : (40/30) - 1 = 0.33
percentage change in price : (3/5) - 1 = -0.4
Price elasticity = 0.33 / -0.4 = 0.83
Sally's demand is elastic while Jims' is inelastic
If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one
Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.
Infinitely elastic demand is perfectly elastic demand. Demand falls to zero when price increases
Perfectly inelastic demand is demand where there is no change in the quantity demanded regardless of changes in price.
Adrianne is a package delivery service manager. She is interested in implementing ________, the management philosophy pioneered by Frederick W. Taylor and Frank and Lillian Gilbreth, which scientifically studies work methods to improve the productivity of individual workers. In this particular case, Adrianne will study the routes that drivers take through a congested to city in order to identify ways that delivery staff can make the most deliveries in each two-hour period. Group of answer choices quantitative management contingency management management science human relations management scientific management
Answer:
scientific management
Explanation:
Scientific management represent the management theory in which the analysis is done with respect to the workflow. Its main purpose to improve out the economic efficiency and the labor productivity.
So as per the given situation since adrianne will have to study the routes so that the delivery staff could able to make the most deliveries in two -hour period due to which the productivity could be increased
Say that a company has treated you unfairly or dishonestly. Which of the following options could help you resolve the issue? I. Report them to the Better Business Bureau. II. Speak to their corporate consumer department. III. Seek the help of the Department of HHS. a. I and II b. II and III c. I and III d. II only
Answer: c. I and III
Explanation:
Dishonesty in business is a very big issue as it can lead to mistrust and can damage the reputation of a business which would affect profitability. If a company has treated you dishonestly and unfairly, it is prudent that you report the activity to their corporate consumer department which acts as an oversight body for such actions.
You should then report them to the Better Business Bureau if you are not satisfied so that the BBB can make sure that others are not treated as unfairly as you have been by marking the company down.
Answer:
C: I and III
Explanation:
edge 2021
I can't believe it, said Wiley Coyote, I am the president of Acme enterprises and we make $200,000 a year profit with me working my tail off. Our distributor, Road Runner Representatives, made over $800,000 in commissions. I don't understand why they are making all of that money when all they do is run around all day and say beep-beep to customers. I think we should lower the commission rate to bring their income down to a more reasonable level. This is an example of
Answer:
This is an example of vertical conflict.
Explanation:
A vertical conflict can be described as a conflict that occurs between two different types of members in a distribution channel - for example, a manufacturer, an agent, a wholesaler, or a retailer.
In the question the Acme enterprises which its president, Wiley Coyote, represents is the manufacturer; while their distributor is the agent. In this case, a vertical conflict is said to have occurred between the manufacturer and the agent who are both different types of members of the same distribution channel.
Therfore, this is an example of vertical conflict.
A U.S. corporation builds an amusement park in France. Its expenditures are U.S. a. foreign portfolio investment that increase U.S. net capital outflow. b. foreign portfolio investment that decrease U.S. net capital outflow. c. foreign direct investment that increase U.S. net capital outflow. d. foreign direct investment that decrease U.S. net capital outflow.
Answer:
C)Foreign direct investment that increase US net capital outflow
Explanation:
From the question we are informed about A U.S. corporation who builts an amusement park in France. In this case, Its expenditures are U.S. Foreign direct investment that increase US net capital outflow. An expenditure can be regarded as payment used in purchasing goods or services either with cash or credit. It is regarded as money been spent on something. A foreign direct investment (FDI) can be regarded as an investment which is been set up by a firm or individual in ones country having business interests which is been located in another country. foreign direct investment do occur when foreign business operations is been set up by an investor or the investor is a able to acquire business assets in particular
foreign company.
All of the following are reasons for countries to participate in foreign trade except: Multiple Choice it is just as easy to start a business overseas as it is in the U.S. some nations have resources, but not technological know-how; while others have know-how, but lack resources. even if a country were self-sufficient, other nations would seek to trade with that country in order to meet the needs of its own people. no nation can produce all of the products its people want and ne
Answer:
it is just as easy to start a business overseas as it is in the U.S.
Explanation:
Foreign trade is the exchange of goods and services across international borders.
For example, if a car is bought from china and brought into the US, foreign trade has occurred.
Foreign trade has two components :
import exportexport would comprise of goods and services produced in the US that are been sold to foreign countries
Import would comprise of foreign produced goods and services that are been sold in the US
Reasons for participating in foreign trade
According to economic theory, a country should specialise in the production of good for which it has a comparative advantage and import goods for which it does not have a comparative advantage in its production . A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.Some countries do not have the resources needed to produce all the goods needed e.g. some countries do not have crude oil and would have to import from oil producing countriesFor most countries, it is impractical to produce all the goods they need.Exercise 3-20A Record transactions and prepare adjusting entries, adjusted trial balance, financial statements, and closing entries (LO3-3, 3-4, 3-5, 3-6, 3-7) (GL)
On January 1, 2021, Red Flash Photography had the following balances: Cash, $20,000; Supplies, $8,800; Land, $68,000; Deferred Revenue, $5,800; Common Stock $58,000; and Retained Earnings, $33,000. During 2021, the company had the following transactions:
1. February 15 Issue additional shares of common stock, $28,000.
2. May 20 Provide services to customers for cash, $43,000, and on account, $38,000.
3. August 31 Pay salaries to employees for work in 2021, $31,000.
4. October 1 Purchase rental space for one year, $20,000.
5. November 17 Purchase supplies on account, $30,000.
6. December 30 Pay dividends, $2,800.
The following information is available on December 31, 2021:
Employees are owed an additional $4,800 in salaries.
Three months of the rental space has expired.
Supplies of $5,800 remain on hand.
All of the services associated with the beginning deferred revenue have been performed.
Requirement
General Journal
General Ledger
Trial Balance
Income Statement
Statement of SE
Balance Sheet
1. Record each of the transactions listed above in the 'General Journal' tab. Review the 'General Ledger' and the 'Trial Balance' tabs to see the effect of the transactions on the account balances.
2. Record the adjusting entries in the 'General Journal' tab.
3. Review the adjusted 'Trial Balance' as of December 31, 2021.
4. Prepare an income statement for the year ended December 31, 2021, in the 'Income Statement' tab.
5. Prepare the statement of Stockholder's Equity for the year ended December 31, 2021, in the 'Income Statement' tab.
6. Prepare a classified balance sheet as of December 31, 2021 in the 'Balance Sheet' tab.
7. Record the closing entries in the 'General Journal' tab.
Answer:
Red Flash Photography
1. General Journal
January 1, 2021:
Debit Cash, $20,000
Supplies, $8,800
Land, $68,000
Credit: Deferred Revenue, $5,800
Common Stock $58,000
Retained Earnings, $33,000
To record opening balances.
Feb. 15 Debit Cash $28,000
Credit Common Stock $28,000
To record additional shares issued.
May 20 Debit Cash, $43,000,
Debit Accounts receivable $38,000
Credit Service revenue $81,000
To record provision of services for cash and on account.
August 31 Debit Salaries Expense $31,000
Credit Cash $31,000
To record payment of salaries.
October 1 Debit Prepaid Rent $20,000
Credit Cash $20,000
To record prepayment of rent for one year.
November 17 Debit Supplies $30,000
Credit Accounts payable $30,000
To record the purchase of supplies on account.
December 30 Debit Dividends $2,800
Credit Cash $2,800
To record payment of cash dividends.
Analysis of Adjustments at December 31, 2021:
1. Debit Salaries Expense $4,800
Credit Salaries Payable $4,800
To accrue salaries.
2. Debit Rent Expense $5,000
Credit Prepaid Rent $5,000
To record rent expense for the year.
3. Debit Supplies Expense $33,800
Credit Supplies $33,800
To record supplies expense.
4. Debit Deferred Revenue $5,800
Credit Service Revenue $5,800
To record services performed.
3. Adjusted Trial Balance as of December 31, 2021
Account Titles Debit Credit
Cash $37,200
Accounts receivable 38,000
Supplies 5,000
Prepaid Rent 15,000
Land 68,000
Accounts Payable $30,000
Salaries Payable 4,800
Common Stock 86,000
Retained Earnings 33,000
Dividends 2,800
Service Revenue 86,800
Salaries Expense 35,800
Rent Expense 5,000
Supplies Expense 33,800
Totals $240,600 $240,600
4. Income Statement for the year ended December 31, 2021
Service Revenue $86,800
Salaries Expense 35,800
Rent Expense 5,000
Supplies Expense 33,800 $74,600
Net Income $12,200
5. Statement of Stockholders Equity for the year ended December 31, 2021
Retained Earnings $33,000
Net Income 12,200
Dividends (2,800)
Retained earnings, Dec. 31, 2021 $42,400
Common stock 86,000
Total equity $128,400
6. Classified Balance Sheet as of December 31, 2021
Assets
Current Assets:
Cash $37,200
Accounts receivable 38,000
Supplies 5,000
Prepaid Rent 15,000 $95,200
Long-term assets:
Land $68,000
Total assets $163,200
Liabilities and Equity:
Accounts Payable $30,000
Salaries Payable 4,800
Total liabilities $34,800
Equity:
Common Stock 86,000
Retained Earnings 42,400
Total equity $128,400
Total liabilities and equity $163,200
7. General Journal
Debit Service Revenue $86,800
Credit Income Summary $86,800
To close revenue income summary.
Debit Income Summary $74,600
Credit Salaries Expense $35,800
Credit Rent Expense $5,000
Credit Supplies Expense $33,800
To close expenses to income summary
Debit Income Summary $12,200
Credit Retained Earnings $12,200
To close income summary to retained earnings.
Debit Retained Earnings $2,800
Credit Dividends $2,800
To close dividends to retained earnings.
Explanation:
a) Data and Analysis:
January 1, 2021 balances:
Cash, $20,000
Supplies, $8,800
Land, $68,000
Deferred Revenue, $5,800
Common Stock $58,000
Retained Earnings, $33,000
Transactions:
Feb. 15 Cash $28,000 Common Stock $28,000
May 20 Cash, $43,000, Accounts receivable $38,000 Service revenue $81,000
August 31 Salaries Expense $31,000 Cash $31,000
October 1 Prepaid Rent $20,000 Cash $20,000
November 17 Supplies $30,000 Accounts payable $30,000
December 30 Dividends $2,800 Cash $2,800
Analysis of Adjustments at December 31, 2021:
1. Salaries Expense $4,800 Salaries Payable $4,800
2. Rent Expense $5,000 Prepaid Rent $5,000
3. Supplies Expense $33,800 Supplies $33,800
4. Deferred Revenue $5,800 Service Revenue $5,800
Current assets include a.cash and assets that will be converted into cash or consumed within either one year or the normal operating cycle of the business, whichever is longer. b.plant assets. c.assets that are expected to serve the business for many years. d.cash and assets that will be converted into cash or consumed within either one year or the normal operating cycle of the business, whichever is shorter.
Answer:
d.cash and assets that will be converted into cash or consumed within either one year or the normal operating cycle of the business, whichever is shorter.
Explanation:
Why are most cars manufactured in China?
Answer:
China remains the world’s largest automotive manufacturing country and automotive market since 2009. Annual vehicle production in China accounted for over 30 percent of worldwide vehicle production, which exceeds that of the European Union or that of the United States and Japan combined.
Explanation:
I found this on a website called statista.com I couldnt find why i am sorry
Which of the following statements best characterizes the bottom line of security for e-commerce?
A) Good security is expensive but critical, and it is the responsibility of the customer to ensure that his or her private information is secure.
B) Good security is inexpensive but critical, and it is the responsibility of the customer to ensure that his or her private information is secure.
C) Good security is expensive but crítical, and it is the responsibility of the business to ensure that the customer's private information is secure.
D) Good security is inexpensive but critical, and it is the responsibility of the business to ensure that the customer's private information is secure.
Answer:
Good security is expensive but critical, and it is the responsibility of the business to ensure that the customer's private information is secure. C
Explanation:
Your classmates from the University of Chicago are planning to go to Miami for spring break, and you are undecided about whether you should go with them. The round-trip airfare is $600, but you have a frequent-flyer coupon worth $500 that you could use to pay part of the airfare. All other costs for the vacation are exactly $900. The most you would be willing to pay for the trip is $1,400. Your only alternative use for your frequent-flyer coupon is for your trip to Atlanta two weeks after the break to attend your sister's graduation, which your parents are forcing you to attend. The Chicago-Atlanta round-trip airfare is $450. Should you use the frequent flyer coupon to go to Miami?
Answer:
the answer is 5690$. I think so
Stock markets are a economic type of globalization
TRUE OR FALCE
Answer:
the answer is true I guess
Answer:
true
Explanation:
Clearwater Electronics is planning to open an office in Shanghai , China , and the HR department has been asked to benchmark the compensation practices of other multinational organizations in the region . Why is benchmarking a first good step to developing a compensation and benefits plan to attract and retain nes employees who will contribute to the organization ?
Answer: Benchmarking will ensure that salary and benefit decisions are made on solid data. This information will aid and influence the cost management of the organization.
Explanation:
Benchmarking simply refers to how companies compare their performance metrics and processes to that of other companies in the industry .
Through benchmarking, the organization can collect information of other companies, which will be important in developing a good compensation and benefits plan for the employees.
outline any 5 disadvantages of Eskom as a monopoly
Answer:
Eskom is the electricity provider of South Africa and is a monopoly because it is the only company allowed to provide power.
The disadvantages of Eskom being a monopoly are:
1. Higher prices for Customers
Because Eskom is a monopoly and does not compete with other utility companies, it can charge higher prices as there is no alternative.
2. Less Productive efficiency.
There is no competition so Eskom does not see the need to become more efficient and produce electricity better because they don't have to compete with anyone to improve their efficiency so that customers are not taken from them.
3. Less willingness to cut costs
Eskom might have high costs which makes it expensive to run but they won't bother cutting these costs because as the only provider, there is no need to cut costs to improve profitability if you can just increase prices instead.
4. Less incentive to invest in new technology
Again there is no need to compete so Eskom will not see much of a need to invest in technology which would give it an edge over competitors because there simply aren't any competitors.
5. Consumers have less choice.
Eskom is the only producer so South Africans can't simply switch to another provider. They have no choice but to accept Eskom.
The accounts of Melissa Manufacturing showed the following balances at the beginning of December: Account Debit Raw Materials Inventory $59,000 Work-in-Process Inventory 75,000 Finished Goods Inventory 30,000 Manufacturing Overhead 24,000 The following transactions took place during the month: December 2: Issued direct materials $39,000 and indirect materials $6000 to production. December 15: Incurred $5000 and $4000 toward factory's direct labor cost and indirect labor cost, respectively. What should be the balance in the Work-in-Process Inventory following these transactions
Answer:
$120,000
Explanation:
Calculation to determine What should be the balance in the Work-in-Process Inventory following these transactions
Beginning balance in WIP $75,000
Add: Direct materials transferred $39,000
Direct factory labor cost $6,000
Ending balance $120,000
($75,000+$39,000+$6,000)
Therefore What should be the balance in the Work-in-Process Inventory following these transactions is $120,000
Tax planning Question 6 options: guides investment activities to maximize after-tax returns over the long term for an acceptable level of risk. ignores the source of income and concentrates solely on the amount of income. is primarily done by individuals with incomes below $200,000. is limited to reviewing income for the current year and determining how to minimize current taxes.
Answer:
guides investment activities to maximize after-tax returns over the long term for an acceptable level of risk
Explanation:
Given that the purpose of Tax planning is to ensure that there is tax efficiency for the firm, in an after-tax evaluation, the goal of the firm in terms of returns or profits is toll achieved.
Hence, in this case, the correct answer to the question is that TAX PLANNING "guides investment activities to maximize after-tax returns over the long term for an acceptable level of risk."
Jon enjoys fishing (which costs $20) and golf (which costs $30) and has $140 to spend each month on these activities. Last month, Jon fished four times and golfed twice. The last fishing outing provided Jon a marginal utility of 50, and the last round of golf provided a marginal utility of 120. What is Jon's marginal utility per dollar spent on the last time fishing
Answer:
Fishing - 2.5 and Golfing - 4
Explanation:
Calculation to determine What is Jon's marginal utility per dollar spent on the last time fishing and golf
Last fishing outing produced =50 / $20
Last fishing outing produced = 2.5 units of utility per dollar.
Last round of golf provided= 120 / $30
Last round of golf provided= 4 units of utility per dollar
Therefore Jon's marginal utility per dollar spent on the last time fishing and golf is Fishing - 2.5 and Golfing - 4
In his backyard, a homeowner unwittingly built a garage that encroached two feet across the property line onto property owned by his neighbor. The next year, the homeowner discovered his error in the course of selling his property to a buyer. After the sale, the neighbor learned of the encroachment of the garage onto her property and sued the homeowner for damages and trespass. In this action, will the neighbor prevail
Answer: C) Yes, because the homeowner knew where the garage was located when he built it, even though he did not know where the property line was.
Explanation:
Encroachment refers to a scenario where a property owner builds a structure on the land of their neighbor. If a structure on the property of this owner also extends into the property of the neighbor, this is also considered encroachment.
Encroachment can either be intentional or unintentional but either of them can result in the offender being penalized. In the case of an unintentional encroachment such as this scenario, the property owner would still get panelized for knowing about the location of the structure and how it could have been encroaching even if they did not know that it was in fact, encroaching.
Bil Tarnofsky makes the following statement: 'We must become more flexible if we are to meet our personnel needs and maximize efficiency. In the past, we simply hired as many full-time employees as we thought we needed. But this focus has caused us to lose many valuable employees. We should offer flextime and job sharing options to help us keep and attract talented employees. "Margaret Robin responds by saying "Alternatives to traditional job design approaches can lead to significant cost savings. Next year we are expected to have 500 more employees than our current facility allows, but my analysis reveals that 600 of our employees could telecommute. Therefore, we can avoid costly actions such as moving our offices or building extensions if these workers became telecommuters, job sharing can also reduce facility costs as well as payroll costs. Tamnofsky and Robin would be most likely to disagree about which of the following questions?
A. Would telecommuting likely lead to cost savings?
B. Does the organization have a moral obligation to offer flextime and job sharing options?
C. If offering a job sharing option would not reduce costs, should the organization still offer it?
D. Would the organization be better able to keep valuable employees if it offered flextime and job sharing options?
E. Are any other organizational structure decisions important for the future of the organization?
Answer:
C. If offering a job sharing option would not reduce costs, should the organization offer it?
Explanation:
The statement Bil Tarnofsky makes is focused on retaining talented employees and attract new talented employees, by offering flextime and job sharing options
The statement Margaret Robin responds with is the use of alternative job design, such as telecommuting could achieve higher cost savings from the need to accommodate the 500 more employees, by moving the offices and expanding the buildings, in the coming year
Tamnofsky and Robin would be most likely to disagree on the different focus of their statements which are; If offering a job sharing option would not reduce costs, should the organization offer it?
g turing facilities in Asia. Emerson needs to build a new manufacturing facility to produce automotive parts for cars manufactured in Detroit. Emerson executives are considering whether to build the new facility in China or in the United States. Which of the following, if true, undermines the argument to build a new Emerson facility in China? A. Fuel costs in China have risen sharply and are not expected to drop. B. China has committed over $500 billion to infrastructure projects. C. U.S. firms continue outsourcing service jobs despite the economy. D. China is the world's largest exporter of manufactured goods.
Answer: A. Fuel costs in China have risen sharply and are not expected to drop.
Explanation:
The main reason that companies would want to invest in another country and set up factories there for production, is usually because of the cost savings that it would enjoy doing so.
China offers a lot of cost savings to manufacturers such as with labor and material but if it is found that fuel costs have risen sharply and will not drop anytime soon, production in China will become more expensive and might dissuade companies like Emerson from setting up shop there.
Nivea works for Bonbon, a fair-trade chocolate company based in California. In addition to being recognized for the delicious, low fat treats the company manufactures, Bonbon is also known for fair labor practices at its factories. When interviewed, 83% of the company's loyal customers said when they couldn't find Bonbon products for purchase in local stores, they ordered them online rather than buy substitute products.
Which type of brand loyalty is illustrated here?
Select one:
a. brand preference
b. brand competition
c. brand insistence
d. brand recognition
e. brand name
Answer:
c. brand insistence
Explanation:
Since in the given situation it is mentioned that the 83% of the loyal customers could not find the bonbon products at local stores so they will ordered online instead of purchasing the substitute goods as in the brand insistence refer the stage of the brand loyalty where the purchase would accept no alternatives and they will search for the particular brand only
Which of the following formulas determines the budgeted units to be produced? Expected Units to Be Sold – Desired Units in Ending Inventory + Estimated Units in Beginning Inventory Expected Units to Be Sold – Desired Units in Ending Inventory – Estimated Units in Beginning Inventory Expected Units to Be Sold + Desired Units in Ending Inventory + Estimated Units in Beginning Inventory Expected Units to Be Sold + Desired Units in Ending Inventory – Estimated Units in Beginning Inventory
Answer: Expected Units to Be Sold + Desired Units in Ending Inventory – Estimated Units in Beginning Inventory
Explanation:
To find out the units that should be produced, one should find out the number of units that they would want to sell. They should then add this to the number of units they would prefer to have as ending units that way after they sell the goods they want, they will still have the desired amount in inventory.
Seeing as there might be some goods in inventory called beginning inventory already, this should then be deducted from the above to see the number of units that should be produced in excess of these goods that are already in stock.
An interest-free period during which a credit card owner can pay off a balance
without having to pay finance charges is called a
A. grace period
B. minimum monthly payment
o
C. billing cycle
a
D. finance charge
Honest Tea's mission statement is "Honest Tea seeks to create and promote great-tasting, organic beverages. We strive to grow our business with the same honesty and integrity we use to craft our products, with sustainability and great taste for all." Additionally, the company uses only natural ingredients and promotes and practices fair trade with its suppliers. All of these combined suggests that Honest Tea is involved in which of the following sustainable marketing principles?
a Societal marketing
b Sense-of-mission marketing
c Customer-value marketing
d Consumer-oriented marketing
e Innovative marketing
Answer:
b Sense-of-mission marketing
Explanation:
This is the sustainable marketing principle that holds an organization also it defines the mission in social terms at broad level instead of the narrow terms of the product
Since in the question it is mentioned that the company used the natural ingredients and promotes the fair trades with the suppliers. So here it is the sense of mission marketing principle
Hence, the option b is correct
One of the problems associated with the utilitarianism is that it does not recognize that taxing those with higher incomes results in less work effort. each individual receives a different marginal benefit from a dollar's worth of income. equity is achieved when there is no poor and no rich. similar individuals should be treated the same.
Answer:
taxing those with higher incomes results in less work effort.
Explanation:
In normative ethics, utilitarian ethics (utilitarianism) can be defined as a theory of morality or ethical theory that typically involves engaging in actions that facilitate pleasure, joy or happiness while completely opposing any action capable of causing harm and unhappiness.
Basically, utilitarian ethics considers an action to be right or morally correct if it produces genuine happiness or joy in the mind of a large number of people in an organization, group or society.
The three (3) main principles (axioms) of utilitarian ethics (utilitarianism) include the following;
I. The only thing with an intrinsic value is pleasure or happiness.
II. If an action promotes happiness or pleasure, then it is right; it is wrong if it causes harm or unhappiness (sadness).
III. The happiness of everyone in a group or society should count equally.
One of the problems associated with the utilitarianism is that it does not recognize that taxing those with higher incomes results in less work effort.
