Answer:
I think they are interested because partially social media influencers have a younger audience so when they see their "idol" promoting such and such there more like to want it, Also They can lend luxury brands a voice of authenticity and have the potential to produce original brand materials.
Explanation:
Because everyone thinks they can have it because an influencer got one
Hope this helps :)
Luxury brands invest in social media influencers for their wide reach, authenticity and ability to connect with the target audience, creating a desirable lifestyle association and enhancing brand visibility and credibility.
Due to the influencers success in connecting with the brand's target audience, luxury brands are eager to invest in them. Influencers have a loyal and enthusiastic fan base that includes the brand's target market of wealthy and fashion-conscious consumers. Their content is regarded as genuine and reliable, creating a stronger bond with customers.
Influencers can also produce visually appealing content and compelling brand storytelling that are consistent with the company's principles and style. Working together with well-known influencers enhances the brand's status and credibility which could increase sales. In the end working with social media influencers enables luxury brands to take advantage of social media's power while gaining access to the influencer's loyal following and expanding their overall online presence and market influence.
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summarise FIVE challenges which a new entrepreneur entering the job market could encounter
The five challenges that a new entrepreneur entering the job market could encounter are 1. Creating a Business Concept 2. Managing Cash Flow 3. Hiring Employees 4. Selecting Products to Sell 5. Marketing Techniques & strategies.
Who is an entrepreneur?
An entrepreneur is a person who takes risks of starting a business based on ideas or products he has invented, taking on the most out of the risk and reaping the majority of the gains.
To explain more about the challenges faced by the entrepreneur are as follows:
Creating a Vision and a Business ConceptRaising Funds for Your Startup Putting Together a Business Team Locating a Good Business Location Recruiting Good Workers Identifying Potential Clients Competitor management Unpredictable Business Difficulties and Expenses, among many other thingsHence, these are some of the challenges faced by the new entrepreneur.
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Why do consumers benefit directly from greater productivity?.
more productivity means more product meaning less stress on demand and lower prices.
Al has run a pizza shop for ten years and decided six months ago to change his marketing tactic. Instead of marketing the same to all customers, al has targeted those customers who like deep-dish pizza and those who like thin pizza. This is an example of _______.
Al pizza shop format is an example of market segmentation.
What is market segmentation ?The word market segmentation is known to be the act or the process where there is the sharing or division of broad consumer or business market.
Here, it is known to be made up of pre-existing and potential customers, which are shared into sub-groups of consumers regarded as segments and they are also based on some kind of shared characteristics.
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The best time to begin a self improvement plan is when ______. A. You are going to be fired from your job b. You have been reprimanded by your boss c. You have disappointed your friends d. You think you need to improve to meet a career goal Please select the best answer from the choices provided A B C D.
The best time to begin a self-improvement plan is when a person thinks he\she needs to enhance to complete a career goal.
What is self-improvement?Self-improvement is defined as the improvement of ourselves in words of understanding, status, habits, character, or physical appearance.
It evolves to improving a person himself, in spite of any external improvements.
Self-improvement involves the improvement in oneself in terms of learning, quality, essence, practices, thinking to improve the carrier goals, personalities, habits, or bodily formation.
Therefore, option D is correct.
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Answer:
D
Explanation:
Your portfolio is weighted 63% in a RISKY asset and 37% in the RISK FREE asset. The expected return on RISKY assets is 10% and the RISK FREE rate is 3%. What is EXPECTED RETURN of your portfolio
The expected return of your portfolio is 7.41%.
Portfolio expected returnUsing this formula
Portfolio expected return=(Risky Asset weight × Risky expected return) + (Risk free Asset weight × Risk free expected return)
Let plug in the formula
Portfolio expected return=(63%×10%)+(37%×3%)
Portfolio expected return=6.3%+1.11%
Portfolio expected return=7.41%
Inconclusion the expected return of your portfolio is 7.41%.
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In corporations, it is easy to transfer ownership by selling stock.
Select one: true or false
Answer:
the question is false
Explanation:
you can't sell stock for ownership
What are the different systems of management in buisnesas.
Answer: Answer: Different types of management systems ranging from the point-of-sale systems, accounting systems, lead management, e-commerce, communication systems
Explanation:
You are 22 years old, unmarried, have no children, and a take-home pay of $2,500 per month. You depended on your parents while attending college. You are engaged to be married in 18 months. You have very little credit history, but want to establish a good credit rating so that you may be able to rent/buy a home and qualify for low-cost loans when you buy a new car or appliance. You also want to be able to qualify for credit cards with good reward programs and low fees and interest rate.
Read each statement below and indicate whether it is a good or bad reason for using debt.
a. Debt provides protection against rip-offs and fraud.
b. Debt provides financial flexibility and convenience when making payments.
c. You have unused credit available on your credit card.
d. The habit of buying on credit can lead to overspending and overindebtedness.
e. Debt provides the means to purchase big ticket products sooner rather than later
Answer: I think the answer is D
Explanation: Credit cards can give amounts that you put on there because the technology is connected to your bank account. It is good to have a limit to your credit card or otherwise you overspend and be in overdebtness later. And also you could get ripped off and overcharged with items purchased by card.
In terms of general value propositions, the Hawks are providing greater value with a ____________________ strategy.
Based on general value propositions, the Hawks are providing greater value with a more for the same strategy.
What are value proposition strategies?A value proposition is known to be a portion of a firm's overall marketing strategy.
This statement is one that act to convinces a potential consumer that one specific product or service the firm offers will give more value than other similar offerings of that kind.
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Gareth & Sons are a big group of hospitality companies. They have recently hired Ms. Halworth, a successful Certified Accountant with over 20 years of experience to manage their corporate finance. Gareth& Sons would like to avoid paying a big tax bill this year and want Halworth to work accordingly.
45 POINTS
Answer:
pay cash
Explanation:
so if they pay cash there won't be any taxes
Ms. Halworth has committed the tort of fraud. By intentionally misrepresenting the financial information of the two group companies.
What is Fraud in Tax ?She has deceived the tax authorities and committed a wrongful act that has caused financial harm to others. Her actions were intentional and aimed at reducing the tax bill for Gareth & Sons, which is a clear violation of legal and ethical standards.
Fraud involves a misrepresentation of facts that induces others to rely on it, causing them harm or loss. In this case, the tax consultants relied on Halworth's report, which led to a reduction in tax payable for the group.
Therefore, Halworth's fraudulent actions have caused financial harm to the tax authorities and violated their trust.
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Beta LLC has decided to change its promotion and pay policies for technical people who do not wish to become managers. This will allow it to better attract and retain these types of employees. According to the comprehensive approach to change, which step of the change process is this company in
According to the comprehensive approach to change, the step of the change process that Beta LLC is operating in is recognizing the need for change.
What are the steps of the change process?The change process involves the following steps:
Diagnosing the problemAssessing the motivation or need and capacity for changeAssessing the resources and motivation of the change agentEstablishing change objectives and strategiesDetermining the role of the change agentImplementing the changes.Thus, according to the comprehensive approach to change, the step of the change process that Beta LLC is operating in is recognizing the need for change.
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differences between an entrepreneur and an employee
The differences between an entrepreneur and an employee is: an entrepreneur has to do with business or trading while employee has to do with working for another person.
What is entrepreneur and employee?An entrepreneur is someone who owns a business or someone that engage in trading while employee can be defined as a person who work for another person for a salary.
An entrepreneur sole aims to make profit or generate sales from their business while an employee depends on salary based on the fact that an employer is the person responsible for an employee salary.
Inconclusion entrepreneur has to do with business while employee has to do with working for another person.
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Michelle has four credit cards with the balances and interest rates listed below. She would like to consolidate all of her credit cards in a single credit card with an interest rate of 16% and pay off the balance in 36 months. If she did so, what would Michelle’s monthly credit card payment be? Credit Card Balance APR.
Michelle needs to pay $561.06 on all four credit cards every month to clear her dues in 36 months.
What is a credit card?A credit card is a small plastic card issued by a bank, building society , or other financial institution that allows the holder to buy products or services on credit.
We have the given information available in this case:
Credit Card balance APR
$4,380 at the rate of 17%$1,365 at the rate of 19%$2,480 at the rate of 23%$5,000 at the rate of 15%The interest on all the four cards is for 36 months that is 3 years, therefore the interest will be paid for 3 years:
For that we will be using Simple interest rate formula to calculate the interest:
[tex]\rm\,Total\,amount\,on\,Card1 = P+ \dfrac{P\times\,R\times\,T}{100}\\\\= 4,380 + \dfrac{4,380\times\,0.17\times\,3}{100} \\ \\= \$6,613.8\\\\\rm\,Total\,amount\,on\,Card2 = 1,365 + \dfrac{1,365\times\,0.19\times\,3}{100}\\\\= \$2,143.05\\\\ \rm\,Total\,amount\,on\,Card\,3 = 2,480 + \dfrac{2,480\times\,0.23\times\,3}{100}\\\\= \,\$4,191.2\\\\= \rm\,Total\,amount\,on\,Card\,4 = 5,000 + \dfrac{5,000\times\,0.15\times\,3}{100}\\\\= \$ 7,250\\[/tex]
The total sum of money that Michelle needs to pay on her credit cards:
[tex]\rm\,Total\,Amount = Total\,amount\,on\,Card\,1 + Total\,amount\,on\,Card\,2+Total\,amount\,on\,Card\,3 + Total\,amount\,on\,Card\,4\\= \$6,613.8 + \$2,143.05+\$4,191.2 + \$ 7,250\\\\= \$20,198.05[/tex]
Finally, the amount that Michelle needs to pay on a monthly basis to clear her dues on the credit card: ( Division of the total amount into 36 parts as she has to pay dues in 36 months)
[tex]\rm\,Monthly\,installment = \dfrac{Total\,Amount}{36\,months}\\\\\\\\\dfrac{\rm\,Total\,Amount}{\rm\,36\,months}\\\\=\dfrac{\rm\, \$\,20,198.05}{\rm\,36\,months}\\\\= \$561.0569\\[/tex]
Thus, the amount that Michelle has to pay every month for 3 years (36 months) to clear her credit card dues is $561.06.
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Ron and Jim are making sandwiches for a party. Ron makes 2 times as many sandwiches as Jim. Together they make a total of 42 sandwiches
Wich equation can be solved to find j the number of sandwiches jim makes.
Asking for little cousin
Answer:
42÷3=14
Explanation:
if jim makes 14 sandwiches then Ron makes 28 sandwiches
14+28=42
Name three types of financial payment methods for labour services.
What is the difference between an increase in demand and an increase in quantity demanded?.
Answer:
Quantity Demanded is a shift up/down a demand curve
Increase in Demand is a shift in the curve itself.
Explanation:
There will be an increase in Quantity Demanded when price goes down. There is a Quantity Demand change when there is a price change. (QD goes up when Price goes down, QD goes down when price goes up)
An increase in demand is when one of the shifters of demand change. So for example, if number of consumers (one of the shifters) increase, the demand curve increases, and shifts right, meaning more quantity at each pricepoint.
Job ______ involves systematically rating the worth of jobs within an organization by measuring the skills, effort, responsibility and working conditions of the jobs.
Answer:
evaluation
Explanation:
The case mentions that making carbonated water isn’t particularly difficult. Based on porter’s model for industry analysis, this increases which competitive force?.
Based on porter’s model for industry analysis, this increases which the Threats of new entrants.
What is threat of new entrants?The threat of new entrants is known to be a risk liked with new competitor that produce for current companies in an industry.
This is said to often take place when a new company is said to be starting to sell a similar product or service based on the fact that they are an existing company.
See options below
Multiple Choice
rivalry among competitors
bargaining power of buyers
bargaining power of suppliers
threats of substitute products or services
threats of new entrants
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Which model of bureaucracy best explains the way the government currently operates? why? in what ways might the patronage system be made more efficient?.
The bureaucracy model that best explains the current form of government operation is the classical model, also known as the Weberian model.
What is Weber's model?It corresponds to a form of legitimate domain in addition to relating bureaucracy only to administrative organization. For sociologist Max Weber, bureaucracy is capable of synthesizing social relations and generating essential demands for society.
It is essential that within a bureaucratic society, patronage system is not a dominant feature that generates benefits for individuals or groups.
Therefore, bureaucracy must be a system that contributes to the functioning and development of society according to the demands of individuals.
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Which of the following would be an example of unconscionability? O A. A religious leader uses his personal influence to sell large numbers of his books to his followers OB. A property owner charges a renter three times the normal rate because he knows that the renter has no other options for housing O C. An unscrupulous individual cons a trusting elderly woman into buying an appliance that she doesn't really have need for O D. One party in a contract knows about defects to a building being purchased but withholds that information from the other party.
Answer: D
Explanation:
One party in a contract knows about defects to a building being purchased but withholds that information from the other party.
Answer:
B. A property owner charges a renter three times the normal rate because he knows that the renter has no other options for housing.
Explanation:
This is super one-sided as the owner is taking advantage of the renter to the point of where its a question of right and wrong.
Genrapay Inc., a multinational firm, has a branch of operations in a country. Due to rampant militant nationalism, the government seized Genrapay's assets without any form of reimbursement and proceeded to nationalize the firm. This scenario best exemplifies:_____.
Answer:
Nationalization is when a domestic government reimburses a foreign company for its assets after taking it over.
Explanation:
After defining the problem and developing the research plan, the next step in the five-step marketing research approach is to
The next step in the five-step marketing research approach after defining the problem and developing the research plan is to:
Collect relevant information.What is Research?This refers to the use of systems to find out the reasons why things occur, the way the occur and the frequency of occurrence based on the scientific method.
With this in mind, we can see that in the research plan, there are steps to be taken and from there, after defining the problem, we would develop the research plan and then collect relevant information.
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What must businesses do in order to comply with financial regulations and laws?.
Answer:
A
Explanation:
Got it right on edge
You are the sales manager for a multinational solar energy company. Recently, your company distributed its ________ that outlines its long-term goals and directions,
The firm's strategic plan is the document that distributed which outlines its long-term goals and directions,
What is a strategic plan?A strategic plan is a formal document that is mainly used to communicate the organizations goals to others.
These document is essential because its let to know the actions that needed to achieve those goals.
In conclusion, the strategic plan is the document that distributed which outlines its long-term goals and directions,
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The third step of the market segmentation process is to develop a market-product grid and estimate the ___________ of the markets.
Answer: Your answer would be Size of the markets.
Hope htis helps!
A company that continually adds more features to an existing product to try to appeal to more customers may end up overwhelming customers and create an unintended consequence known as ______.
It can be noted that when the addition of more features to an existing product overwhelm the customers, it is known as feature fatigue.
What is feature fatigue?Feature fatigue simply means when consumers shy away from products that appear to be rich in features.
This occurs ehen a company continually adds more features to an existing product to try to appeal to more customers may end up overwhelming customers and create an unintended consequence.
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Fixed manufacturing overhead costs are included as part of Work in Process inventory under ______. Multiple choice question. variable costing only neither variable and absorption costing both variable and absorption costing absorption costing only
In accounting, the fixed manufacturing overhead costs are included as part of Work in Process inventory under the absorption costing only
.
What is an absorption costing?An absorption costing is an accounting method that captures all costs associated with the manufacturing of a product.
Hence, the practice is that the fixed manufacturing overhead costs are included as part of Work in Process inventory under the absorption costing only.
Therefore, the Option D is correct.
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How does a market economy answer the three economic questions?
(1) what to produce, (2) how to produce, and (3) for whom to produce.
Answer:
A market economy answers the three economic questions by allocating resources and goods through markets, where prices are generated.
There are two extremes of how these questions get answered. In command economies, decisions about both allocation of resources and allocation of production and consumption are decided by the government. In market economies, there is private ownership of resources—established though property rights—and the factors of production and consumption are all coordinated through markets. In a market system, resources are allocated to their most productive use through prices that are determined in markets. These prices act as a signal for buyers and sellers. Most economies are mixed economies that lie between these two extremes.
In either system, a rational agent would allocate resources and production using marginal analysis. In command economies, this is more difficult to do because without markets, prices fail at being an effective signal.
Explanation:
I hope this helps!!
Items that are used in the production of an item but are not necessarily the primary items being processed are recorded as
The items that are used in production but are not necessarily primary items are known as Supplies inventory.
What are supplies inventory?Supplies are items that are used in production to help in the production of the final good.
They are not however used to produce the primary good which means that they are not processed as primary items. They simply help the primary good to be produced.
In conclusion, these are supplies inventory.
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The Ann Taylor chain of stores has a problem with ________ from its sister chain Ann Taylor LOFT, whose sales have surpassed the the original Ann Taylor stores and have made it harder for them to reach their target customers.
The losing of sales by Ann Taylor in this scenario is known as cannibalization.
What is cannibalization?It should be noted that cannibalization simply means the reduction of the sales of a company.
This reduction simply occurs when the company introduces another similar product just as illustrated by Ann Taylor.
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