$920.00 The bond's parity price, first find the number of shares the debenture can be converted into (the conversion ratio) by dividing the par value by the conversion price ($1,000 x $25 = 40 shares).
Next, divide the conversion ratio by the current common price. The bond's parity price is the result (40 shares minus $23 = $920).
The present value of the liability divided by the market interest rate is the effective interest. The amount of actual interest paid is equal to the bond's face value divided by the number. of Issued Bonds x Coupon Rate
What is the convertible bond value formula?
The following formula can be used by investors to arrive at convertible bond valuations: The value of a convertible bond is the sum of the independent values of a straight bond and a conversion option.
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which of the following accurately describes the relationship between social service programs and the business cycle? social service programs act completely independently of the business cycle. social service programs can help with recessions but do not slow inflation. social service programs can help with inflation but do not alleviate recessions. social service programs tend to intensify recessions and inflationary periods. social service programs help alleviate cyclical unemployment and inflation.
Answer:
E) Social service programs help alleviate cyclical unemployment and inflation.
Answer: social service programs help alleviate cyclical unemployment and inflation.
Explanation: During a business cycle, the economy goes through periods of expansion and contraction. These fluctuations can lead to changes in unemployment rates and inflation levels. Social service programs, or public assistance, such as unemployment benefits, universal healthcare, and welfare programs, are designed to provide support and assistance to those in need who may qualify for these services, especially in times of economic hardships.
During recessions, social service programs can help alleviate cyclical unemployment by providing financial assistance to those who have lost their jobs. This helps individuals meet their basic needs and reduces the negative impact of unemployment on the economy. Additionally, social service programs can help with inflation by providing support to low-income individuals, which can stimulate consumer spending and mitigate the effects of rising prices, especially on basic essentials like food and clothing.
digital media give consumers more control over price. this gives them a significant advantage. to compete, what must many companies do so consumers will focus on attributes other than price?
Companies decrease prices after meeting the demand from early adopters in order to draw in more price-sensitive customers.
According to the scenario provided in the question, the rationale for the price decline over time is that businesses cut prices to entice the more price-sensitive customers after satisfying the demand for early adopters.
The users who begin utilizing the product before others do are known as early adopters. In this situation, after the early adopters are satisfied, other customers will want to purchase the product, so the price must be dropped to make it affordable for them.
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a potential cause of stagflation is multiple choice agricultural surpluses. declining productivity. improving labor productivity. a rise in the value of the dollar.
Declining productivity can be a potential cause for stagflation.
Write a brief account on stagflation.Stagflation is the phrase used to characterise an economy that has high unemployment, large inflation, and little or no economic growth. The phrase is a portmanteau made up of the words inflation and GDP stagnation.
In most significant economies, stagflation episodes occurred often in the 1970s and 1980s. The Keynesian macroeconomic theory, which was then the most widely accepted theory in economics, held that increases in inflation and unemployment could not occur simultaneously.
Stagflation directly affects affordability, making it more difficult for many people to meet basic requirements, especially those who are unemployed. Stagflation could result in risks of job losses and reduced pay for those who are employed, which would reduce consumer confidence and spending power.
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las vegas gold corporation reported net sales of $650,000, $720,000, and $780,000 in the years 2019, 2020, and 2021, respectively. if 2019 is the base year, what percentage do 2021 sales represent of the base?
A method for evaluating a series of financial statement data over time is horizontal analysis, also known as trend analysis.
The ability of a company to meet its short-term debt obligations can be assessed using a liquidity ratio. The current ratio, quick ratio, and cash ratio are the three primary liquidity ratios.
The most common methods for analyzing financial statements are circular, horizontal, and vertical analyses. Using horizontal analysis, a financial statement item in the current year can be compared to other items in the same year.
What are shareholders most concerned about?
Long-term creditors and stockholders, on the other hand, are primarily concerned with the company's profitability and solvency.
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a machine is purchased on september 30, 2024, for $60,000. useful life is estimated at four years and no residual value is anticipated. the straight-line depreciation method is used. the company's fiscal year ends on december 31. depreciation expense for 2024 should be:
The company's fiscal year ends on december 31. depreciation expense for 2024 should be 3,750
60,000/4 = 15,000
15,000*(3/12) = 3,750
Depreciation expense is that part of a hard and fast asset that has been considered fed on within the present day duration. This amount is then charged to fee. The motive of this rate is to gradually reduce the carrying quantity of fixed property as their value is consumed through the years.
The economic price of an asset decreases over the years due to use, wear and tear or obsolescence. This decrease is measured as depreciation. Depreciation, i.e. a lower in an asset's fee, may be resulting from some of other factors as nicely together with detrimental market conditions, etc.
Periodic Depreciation rate = (fair fee – Residual fee) / useful lifestyles of Asset. for instance, company A purchases a building for $50,000,000, for use over 25 years, with out a residual value. the yearly depreciation rate is $2,000,000, that's determined with the aid of dividing $50,000,000 via 25.
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under which conditions will an investor demand a larger return (yield) on a bond? multiple choice the bond issue is upgraded from a to aa. the bond issue is downgraded from a to bbb. interest rates decrease due to decline in inflation. none of the conditions will cause an increase in the bond's yield.
When a bond issue is downgraded from A to BBB, an investor will demand a higher return (yield).
What is demand?The quantity of a good that consumers are willing and able to purchase at various prices at any given time is referred to as demand. The demand curve is the relationship between price and quantity demand. Demand is simply a consumer's desire to purchase goods and services without hesitation and pay the price for them. Simply put, demand is the number of goods that customers are ready and willing to purchase at various prices during a given time period. For example, if a hungry consumer purchases a slice of pizza, the first slice will provide the most benefit or utility. Each additional slice increases consumer satisfaction while decreasing utility.To learn more about demand, refer to:
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belle co. has beginning inventory of 12 sets of paints at a cost of $1.50 each. during the year, the store purchased 7 at $3.00, 8 at $3.25, and 12 at $3.50. by the end of the year 31 sets were sold. using the lifo method, the cost of ending inventory is:
Using the LIFO method, the cost of ending inventory of Belle company is $12.00.
Belle Co. also bought an additional 27 goods, totaling a total of 58. Specifically, 27 is equivalent to 7 + 8 + 12. The phrase "Last In First Out" refers to the idea that the items that were purchased last should be used up first.
31 units were sold by the business. There are only 8 sets of paint for $1.50 because 27 of them have already been newly acquired, and 4 came from the initial inventory.
The cost of the ending inventory is,
I = 8($1.5) = $12
The inventory system known as LIFO stands for Last In, First Out. This implies that the price of the most recent inventory purchase serves as the basis for determining the price of the goods sold.Learn more about Last In First Out, here
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the company's production schedule shows 500 units must be produced next month. what is the estimated total cost for this operation (to the nearest whole number)?
A model that connects two or more variables is determined by using a regression equation. The equation for the regression can be linear or nonlinear. The regression equation can sometimes be both linear and nonlinear.
Is it possible to model a connection between two or more variables using regression?A regression model is a statistical model that uses a line (or plane in the case of two or more independent variables) to estimate the relationship between one dependent variable and one or more independent variables.
Calculate b1 and b0 to one decimal place.
Complete the estimated regression equation to the nearest one decimal place: b1 = 7.6 and b0 = 1146.7
y = 1146.7 + 7.6 x What is the variable cost per produced unit, rounded up to the nearest tenth?
$ 7.6
Determine the coefficient of determination using three decimal places.Note:r2 should be between 0 and 1.
The estimated total cost of this operation is 4947, where r2 = 0.959.
What is a model of two-variable regression?The relationship between these two variables is modeled in the simplest form of linear regression analysis. variables y and x, and a linear relationship is assumed here. We are, in particular. interested in the anticipated value of the random variable y when x is set to a particular value.
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on october 1, 2024, a company purchased a piece of land by agreeing to pay the seller $450,000 in two years. if the company had borrowed the money from a bank to pay the seller immediately, management estimates the bank would have required interest of 9%. calculate the amount of interest expense the company would record for its year ending december 31, 2024 (rounded to the nearest dollar).
Answer:
$10,125
Explanation:
Given:
IR = 9%
Loan = $450,000
Time = 0.25 Year (October-December is 3 months)
Unknowns:
Interest Expense = ?
Equation:
Interest Expense = (Loan) (Time) (Interest Rate)
Interest Expense = (450000)(0.25)(0.9) = 10,125
Solution:
Interest Expense = $10,125
The amount of interest expense the company would record for its year ending December 31, 2024, is $10,125.
What is interest expense?The cost of obtaining financing is calculated as the total amount of interest paid on a mortgage or other debt over a specific time period. In most cases, interest expenditure is reported on a company's income statement.
To calculate interest expense it is given that
interest rate = 9%
loan amount= 450000
time = 0.25years
In the given case, Since the loan was taken out in October and the fiscal year ends in December, the interest charge will be $10,125 for a period of three months, or 0.25 years.
Interest charge = 450000* 0.25 * 0.09
=$10,125.
Therefore, the amount for interest expense will be $10,125.
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to increase sales, a sportswear chain is designing a promotional campaign for social media. it plans to post links to coupons on its website and have its sales personnel scan the coupon redemption codes at store registers. which are the best social media information system (smis) metrics to track the success of this promotion?
All plans in Sprout include presentation-ready social media reports that can be filtered by platform and date.
This implies that you have simple access to customizable graphs and comparisons to earlier time periods, as well as easy access to team leaders and executives.
What key measure should social media companies focus on?
Engagement, impressions and reach, voice and share of voice, referrals and conversions, reaction rate and time are the most prevalent and frequently significant indicators to consider. You will have a 360-degree view of your social media performance when these are combined.
It's important to track the broad category of engagement.
The engagement rate is a measure that is frequently used to monitor how actively engaged your audience is with your content and how successful your brand efforts are. Customers who are actively engaged engage with brands through behaviors like "likes," "comments," and social sharing.
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karen was at the checkout at the grocery store and remembered that she was out of chewing gum that she normally likes to keep in her purse. without much thought, she grabbed two packages of the gum she likes. what type of consumer decision does this illustration?
An assortment of consumers that have similar demands and desires make up a market segment checkout. As a result, businesses should concentrate on the sector where they have the most grocery possibility of succeeding.
They include buying things frequently, buying a well-known brand or product, buying things with minimal effort, and buying with little engagement. According to marketing jargon, perceived value refers to how well a product or service meets a customer's wants and expectations, particularly when compared to its competitors. grocery After making a purchase, consumers anticipate a product to perform a certain way. A corporation chooses to concentrate all of its marketing efforts on a single market segment while using the concentration strategy. The development of a single marketing mix, which combines product offerings, promotional checkout messaging, and distribution and price that is specific to that market niche. The four primary categories of market segmentation are thought to be geographic, psychographic, behavioral, and demographic; however, there are many other tactics you can employ, as well as countless variants on the four primary types. Low participation items are frequently affordable and carry little risk to the buyer if they choose incorrectly grocery. If high-involvement items fail, are checkout complicated, or are expensive, the consumer runs a considerable risk. Products with limited engagement fall somewhere in the middle.
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suppose you win the lottery with a jackpot of $30 million. but that's $30 million if you wait 25 years to get your payout. what is the value you could get today if the interest rate is 7%? group of answer choices $1,200,000 $5,527,475.33 $162,822,979.20 $6,236,094.54
The value that can be received today is $5,527,475.33 if the interest rate is 7%.
The value that can be received today if the interest rate is 7% can be calculated by using the formula for compound interest. This formula can be given as;
A = P (1 + r/n)^nt
Here, A represents the final amount, P represents the initial balance (which we have to find in this case), r represents the interest rate, n illustrates the number of times interest applied per time period and t represents the number of time periods elapsed.
Now by substituting the given values, we can find the value that can be received today as follows;
A = P (1 + r/n)^nt
30,000,000 = P (1 + 0.07/1)^25×1
30,000,000 = P (1 + 0.07)^25
30,000,000 = P (1.07)^25
P = 30,000,000 ÷ (1.07)^25
P = 5,527,475.33
Therefore, the value that can be received today is calculated to be $5,527,475.33
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meeting planning is a growing profession because select one: a. the profession involves practically all corporations b. it is mainly used by associations c. the convention market is growing d. all of the above e. none of the above
Meeting planning is a growing profession because the convention market is growing.
Meeting planning is a profession in which the planners arrange meeting, events or conventions in a proper and systematic manner.
Nowadays, there is a noticeable growth in the convention or event markets. It requires professional planners for these well organized meetings. That is why meeting planning has been a growing profession.
The event organizers seek professionals for planning important meetings, events or conventions. The planners control the whole event from every aspect to make a successful event or meeting.
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tops n bottoms corporation reported sales for 2022 of $50 million. tops n bottoms listed $4 million of inventory on its balance sheet. using a 365-day year, how many days did tops n bottoms' inventory stay on the premises? how many times per year did tops n bottoms' inventory turnover? multiple choice 29.2 days, 12.5 times, respectively 12.5 days, 29.2 times, respectively 0.08 days, 12.5 times, respectively 29.2 days, 0.0345 times, respectively
Inventory turnover reveals how quickly a company's inventory changes hands. Inventory that moves quickly has a high inventory turnover. A company might decrease its need for working capital by boosting inventory turnover.
Inventory Turnover= (Value of Inventory/Sales)*365
=($4million/ $50 million)*365
=29.20 days
Inventory Turnover= Sales/ Inventory
= $50 million/$4million
= 12.50
Inventory turnover measures how quickly stock is sold, used and replaced. The cost of products is divided by the average inventory for the same time period to determine the inventory turnover ratio. Higher ratios typically indicate robust sales, while lower ones indicate dismal sales.
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when multinationals make a project fully operational and train local managers and workers before the owner takes control, they are using which entry-mode strategy? group of answer choices franchising direct export turnkey licensing
Multinationals use Turnkey as a entry-mode strategy.
A turnkey project is a technique for a foreign corporation to build a plant in another nation and sell its technology and process there. Turnkey projects are typically used as an entry strategy by industrial enterprises that specialise in complicated production technology.What is a turnkey plan of action?
The phrase alludes to the fact that a corporate buyer only needs to "turn" a "key" to get things going. Thus, a turnkey firm is one that is already operational and in a state that permits start-up right away.to learn more about turnkey strategy, click the links
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which of the following statements is (are) true? i. diversifying raises the risk of your portfolio. ii. by picking a lot of stocks, you minimize your overall exposure to things going wrong in any particular company. iii. modern financial markets have made diversification difficult.
The statements of diversifying raise the risk of your portfolio are true.
A diversified portfolio with investments that are positively correlated has a lower variance than a portfolio with just one kind of asset. By investing in vehicles that cover many financial instruments, industries, and other categories, diversification lowers risk. Here are three diversification tactics to consider when choosing your investments: invest across several asset classes.
Most of your portfolio should consist of stocks and bonds. The proportions of each asset, their standard deviations, and the correlation (or covariance) between the asset returns all affect the risk of a two-asset portfolio. The correlation between asset hazards becomes a more significant determinant of portfolio risk as the number of assets in a portfolio rises.
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according to the vals framework, why different consumer groups exhibit different behaviors or why different consumer groups exhibit the same behaviors for different reasons is based on
The reasons why different consumer groups exhibit different behaviors based on the vals framework is motivations and resources. The motivations from each customer can make different behavior.
VALS framework can be defined as a proprietary research methodology used for psychographic market segmentation. To guide some companies in tailoring their services and product in order to appeal to the people most likely to purchase them, it is need to make a market segmentation.Vals framework is based on two factors, first is primary motivation that including ideals, achievement, and self-expression and the second is resources that including energy, self-confidence, intellectualism, novelty seeking, innovativeness, impulsiveness, leadership, and vanity.
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A share of stock with a beta of 0. 75 currently sells for $50. Investors expect the stock to pay a year-end dividend of $2. The 1 year t-bill currently sells for $961. 54, and the historic return on the market is 11%, the historic risk free rate is 4%. If the stock is perceived to be fairly priced today, what must be investors’ expectation of the price of the stock at the end of the year?.
Expected price next year = $62.58
Beta is 0.75, PO is $50, D1 is $2, RF is 11%, and RM is 4%.
Where,
Expected Dividend = D
Po = Price as of today.
Risk-free Rate is Rf.
Market risk premium is Rm.
g = rate of growth
Equity cost is Rf plus beta minus Rm.
Equity cost is 11% plus 0.75 and 4%.
Equity cost = 3.33%
Making use of the Dividend Discount Model to Estimate Growth Rate
(D1/P0) + g = ke
(2/50) + g = 3.33%
0.04 + g= 3.33%
g = 3%
Expected price for the following year = $2*1.033/ (0.03-0.033)
Expected price next year = $62.58
What is Expected price?
As its name suggests, predicted price level is a forecast that takes into account accurate evaluation of pertinent economic data to foretell what will happen with those goods and services in the future. Making changes to this level when new information becomes available is essential because unknowable factors may become real over time.
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what can be said of the last few centuries? multiple select question. nominal gdp grew slower than inflation nominal gdp grew faster than population nominal gdp grew slower than population economic growth exceeded population growth nominal gdp grew faster than inflation
Over the last few centuries, the growth rate of the economic noted to be increased at a faster rate than population growth. Thus, option (d) ‘economic growth exceeded population growth’ is the correct answer.
Economic growth refers to an increase in the quality and quantity of the economic goods and services that are produced and consumed in a society. While population growth describes the rate of increase in the number of humans. The data analysis of the last few centuries reveals the rate of economic growth has increased more than population growth.
That is not somehow good for efficient economic development. It is because economic growth and population growth tend to be correlated in that higher population growth rates lead to higher economic growth rates; since a large population has the potential to produce more goods and services.
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what type of assessment method is being used if a formal job offer is made only when the candidate passes a background check? screening assessment evaluative assessment contingent assessment organizational assessment
Contingent assessment method is being used if a formal job offer is made only when the candidate passes a background check
Describe contingent assessment methods.The last step in the external hiring process is contingent assessments, which are started when a candidate accepts a conditional job offer. Contingent evaluations are requirements that must be satisfied before an offer is finalized, as opposed to tests that judge a candidate's cognitive talents, technical knowledge, or job skills.
Applicants who succeed in the substantive selection processes are essentially prepared for employment, subject to a background investigation. Drug tests, physical examinations, and background checks are the three most frequently used contingent procedures. Nevertheless, depending on the requirements of the task and the law, contingent approaches are not always employed. Contingent techniques can be utilized with almost any method.
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a recessionary gdp gap is the: group of answer choices horizontal distance between full-employment gdp and equilibrium gdp amount of the recessionary or inflationary gap difference between leakages and injections all of the above
A recessionary GDP gap is a horizontal distance between full employment, GDP, and equilibrium GDP.
What is the recessionary gap?A recessionary gap is described as a difference between the potential GDP and the real GDP at the level of full employment. In other words, it can be highlighted as a gap between the full employment output and the actual production level, when the actual output level is below the natural output level.
During a recessionary gap, the unemployment rate increases. During a stage or phase of economic downturn, there is a low demand for services and goods, which leads to increased rates of unemployment. Furthermore, the situation worsens when the wages and prices remain the same. During a recessionary gap, the short-run equilibrium value is high. The business cycle contraction takes place during a recessionary gap.
It can be concluded that a recessionary GDP gap is a horizontal distance between full employment, GDP, and equilibrium GDP.
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what is the formula for the present value of a growing perpetuity, where c1 is the net cash flow, r is the required return, and g is the growth rate? multiple choice question.
The formula for the present value of a growing perpetuity is:
C / (r - g), where "g" is the cash flow growth rate.
Define present value of growing perpetuity.Growing perpetuity incorporates a growth rate that raises the cash flows obtained every subsequent period. The discounted annuity value of each annuity is added up and decreased by each period until it approaches zero to get the present value of an infinite stream of cash flows.
Finding the current value of an endless series of cash flows that increase proportionately is possible using the present value of expanding perpetuity. In other words, it is the present value of a sequence of payments that increases (or decreases) at a fixed rate on a periodic basis.
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the actions a person takes in purchasing and using products and services, including the mental and social processes that come before and after these actions, are referred to as
The actions a person takes in purchasing and using products and services, including the mental and social processes that come before and after these actions, are referred to as consumer behavior.
Why is customer behavior essential and what does it entail?
Consumer behavior analysis examines how consumers choose what and when to buy, as well as when and how to make those purchases. The behavior of consumers and what motivates them to use and purchase particular products are the subjects of this study.
The study of customer purchasing behavior is crucial for marketers because it allows them to comprehend consumer expectations. Understanding what prompts a customer to purchase a product is useful. Consumers go through this procedure to assess whether to make a purchase. The five steps are problem identification, information search, alternative assessment, buy choice, and post-purchase assessment.
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The pull model is also called ________ which means the production process begins with a ________ so that a company only makes the products and quantities that their customers actually want.
The pull model is also called make-to-order model which means the production process begins with a customer order so that a company only makes the products and quantities that its customer actually wants.
The make-to-order or pull model is manufacturing strategy that initiates production of a product only when after a customer places an order. Products are made according to the requirements of the customer, thus pull model allows customization of the products according to the customer’s specifications.
The pull model is more flexible manufacturing strategy but it increases wait time for the customers to get the product. This type of model is mostly employed by the assembly industries such as aircraft, bridges, vessel production, and construction, etc.
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management-by-exception contributes to effective transactional leadership by doing what? (chapter 9) group of answer choices balancing goals and ambitions reinforcing a sense of fairness among employees adjusting the difference between individual and organizational goals all of the above rewarding good behaviors in public ways
A leadership style called transactional leadership, which is often referred to as managerial leadership, uses rewards and penalties to ensure that employees perform to their full potential.
Management by exception is what kind of leadership?
A leadership strategy known as "management by exception" encourages staff to submit only the most pressing concerns to management, allowing managers to focus their time and energy on the most crucial duties.
How well does transactional leadership work?
Transactional leaders are really clear. Employees are fully aware of what their boss expects of them. They feel successful in achieving their clearly stated goals and objectives as a result. When collective performance matters, this results in effective leadership.
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jeld-wen is a manufacturer of doors and windows that are sold through home improvement stores such as menards, home depot, and professional building contractors. jeld-wen uses a customer relationship management system to track customer interactions. for example, jeld-wen recently completed a study of its professional contractors and identified three distinct segments of contractors based on their purchase habits. the company will share this information with different divisions within jeld-wen. which step of the customer relationship management system best characterizes jeld-wen's actions of sharing the information with different divisions within the firm?
As given that the company will share this information with different divisions within Jeld-Wen, the step of the customer relationship management system that best characterizes the firm's actions of sharing the information with different divisions within the firm is known as Leverage customer information.
What is a customer relationship management system?Basically, a customer relationship management means the process in which a business administers its interactions with customers, most especially by using a data analysis to study large amounts of information.
The system of a customer relationship management usually compiles data from a range of different communication channels including company's website, telephone, email, live ch-at, marketing materials, social media etc to allow the businesses to learn more about their target audiences. This system helps a typical firm to retain customers and drives their sales growth.
Therefore, the Option C is correct.
Missing options "a. Identify customer relationships. b. Store and integrate customer data using information technology. c. Lev-erage customer information. d. Capture customer data based on interactions.
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a firm that is a price taker can: group of answer choices decide what price to charge for its product. sell some of its output at a price higher than the market price. sell all of its output at the market price. substantially change the market price of its product by changing its level of production.
the product's market price by altering its amount of manufacturing. any company that is unable to change the level of commodity pricing often by changing the quantity of the product produced
What does it mean to take the price?Any company that is unable to change the quantity of a product produced in order to affect the overall level of commodity prices is, by definition, a price-taker; this includes companies operating in completely competitive markets.
What takes place when a company is a price taker?As a price taker, a perfectly competitive firm is obligated to accept the equilibrium selling price for its products. It will be illegal for a perfectly competitive business to seek to charge even a small amount more than the going rate failing to generate any sales .
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the amount of work actually done in a process costing center for the period includes all units started and completed during the period. in addition, other work is included in the quantification of the work done during the period. what other work is included?
Other work included in the process costing center are- The time spent on finishing the beginning work-in-process inventory and the time spent beginning the ending work-in-process inventory.
Process costing is a costing technique generally employed by businesses which mass produce identical or substantially comparable commodities or output units. It is typical in economic industries where the manufacturing costs of each unit of output are strikingly identical, and it is not feasible to cover all the expenses for each unit independently all through the manufacturing operation.
Instead of monitoring expenses for each single component, process costing enables enterprises to determine item price by tracking the movement of the costs associated with each step of the manufacturing process.
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the incidence of a tax: a is the price elasticity of demand after the tax is paid. b refers to the share of the tax paid by consumers and the share paid by sellers. c is a measure of the revenue the government receives from the tax. d refers to who writes the check to the government. e is a measure of the deadweight loss from the tax.
Who sends the government a cheque determines the incidence of a tax.
Incidental takes refers to who is subject to tax and in what proportion.
A cheque is a document that instructs a bank (or credit union) to transfer a specified sum of money from a person's account to the person whose name it has been issued. Checks are written in American English; see spelling variants for more information. The individual who writes the check, referred to as the drawer, keeps the funds in a transaction banking account (often referred to as a current, cheque, chequing, checking, or share draft account).
The drawer orders their bank, known as the drawee, to pay the amount specified to the payee by writing different information, including the dollar amount, date, and a payee, on the cheque.
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Which of these stores uses a fulfillment center? A: 7-11 B: Dunkin' Donuts C: Amazon D: Comet Dry Cleaner
Amazon uses a fulfillment center. Thus, option C is correct.
What is a fulfillment center?The order fulfillment center is typically seen as the customer of packaging, receptacles, or sections of canisters it employs to maintain, safeguard, and contain the products which it packages, loads, or sends to the representative of the product seller.
Organizations can subcontract purchase processing to Amazon using the Logistics by Amazon service. Manufacturers transport their goods to Amazon distribution centers, where we choose, package, and ship orders whenever customers make purchases.
Therefore, option C is the correct option.
Learn more about fulfillment center, here:
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