Inventory Management streamlines the warehouse and business activities. It ensures the warehouse has adequate products, moreover, utilizes the products efficiently. It determines which product to order and when to order, the right vendor, and the most competitive rates
What are the importance and challenges of inventory control?
Inventory control means managing your inventory levels to ensure that you are keeping the optimal amount of each product.
Proper inventory control can keep track of your purchase orders and keep a functional supply chain.
Systems can be put in place to help with forecasting and allow you to set reorder points, too.
Why keeping inventory is important?
Properly maintaining and controlling inventory allows for a range of practical and financial benefits.
It allows you to consistently meet increases in demand without having to wait for a full production cycle to finish before receiving more product. It allows you to fill orders quickly and efficiently.
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___ involves designing activities relating to marketing objectives and the changing marketing environment
Marketing planning involves designing activities relating to marketing objectives and the changing marketing environment.
The advertising technique a company will use to market and sell its goods or services is called a marketing plan. The target market, the best way to reach them, the price point at which the good or service should be sold, and the method by which the business will evaluate its performance will all be determined by the marketing strategy.
An overall business plan could include a marketing plan. A well-written marketing plan must have a strong foundation in marketing strategy in order to fulfill its objectives. A marketing strategy may include a list of tasks, but without a solid strategic base, it is of little service to a company.
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Using the same scenario as in number 2, your interviewer tells you that the game costs $1 to play and it has an expected value of 47 cents for every dollar spent. Use the following payouts to determine the expected value of the game. Do you agree with your co-worker?s assertion? roll sum of 19 sum of 17 sum of 15 sum of 13 doubles other winnings $5 $3 $2 $1 $. 5 $0.
Roll sum of 19 sum of 17 sum of 15 sum of 13 doubles other winnings $5 $3 $2 $1 $.5 $0.
What is Roll sum?The 12-month rolling sum is the total of the previous 12 months. As the 12-month period "rolls" forward each month, the amount from the most recent month is added and the amount from the previous year is deducted. As a result, a 12-month total has been carried forward to the new month.
Cumulative sums, often known as running totals, are used to show the total sum of data as it grows over time (or any other series or progression). This allows you to see the entire contribution of a specific measure across time.
The total number of possible outcomes is 36, which is equal to the total number of the first die (6) multiplied by the total number of the second die (6).
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According to the free cash flow hypothesis, which has the greater potential to reduce wasteful spending?
The debt facilitates prevents such firms from losing resources on low-go-back initiatives.
The free coins float speculation posits that money glide will increase the enterprise costs of companies with terrible investment possibilities. ' It assumes that management values investments in operations greater than investments in economic assets.
The unfastened coins float theory says that chance-only high debt stages will boom cost, in spite of the danger of monetary distress, whilst a company's working cash flow notably exceeds its profitable investment possibilities. The free coins flow theory is designed for mature firms which might be at risk of overinvesting.
Cash flows are available for bills to stockholders and debt holders of a company after the firm has made investments in property necessary to sustain the continued operations of the firm.
Coins glide reveals out the net coins inflow of working, investing, and financing activities of the commercial enterprise. free coins drift is used to discover the present fee of the business. the primary objective is to find out the real net coins influx of the business.
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When dealing with the history of capital market returns, an average stock market return is useful because it:_______.
When dealing with the history of capital market returns, an average stock market return is useful because it simplifies detailed market data & is the best estimate of any one year's stock market return during the specified period.
Historical returns are frequently linked to a security's or index's previous performance, such the S&P 500. When attempting to forecast future returns or predict how a security could respond to a specific circumstance, such as a decline in consumer spending, analysts look at historical return data.
When predicting the standard deviations of upcoming data points, historical returns might also be helpful.
A security or market's past performance can be understood by analyzing historical data, which ranges from predictable economic cycles to unexpected exogenous global occurrences.
Investors interpreting historical returns should keep in mind that past performance does not guarantee future performance.
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Imagine the economy is at macro equilibrium. Suppose individuals become optimistic about the future, and as a result, increase consumption expenditure. The result will be?
An increase in Total Expenditure and an increase in employment will result when the economy is at macro equilibrium.
A state of the economy known as macroeconomic equilibrium occurs when aggregate supply and demand are equal in size. Price, unemployment, and inflation could all vary if there are changes in either aggregate supply or demand. Macroeconomic equilibrium can be divided into three categories based on SRAS, LRAS, and AD.
For a market to be both efficient and balanced, equilibrium is crucial. A market cannot move away from its equilibrium price and quantity since it is maintaining a balance between the quantities provided and demanded. Assume that full employment prevails in an economy because the macro equilibrium occurs at the potential GDP.
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When firms determine how much investment spending to make, they will strongly consider?
According to Keynes, businesses will strongly weigh macroeconomic externality when deciding how much investment spending to make. Economy of Zambezi, hypothetical nation, is running at its potential and seeking to increase output levels. When a good or service is produced or consumed in an economy, externalities happen,
when those actions have effect on party that is not directly investment in those activities. When the production or consumption of a particular good or service has an impact on third party who 's not directly connected to production or consumption of that good or service, it is often considered be technical externality.
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As a group, oligopolists would always be better off if they would act collectively true or false?.
True As a group, oligopolists would always be better off if they would act collectively
What happens when oligopolists collude?Collusion happens when oligopoly firms make joint decisions, and act as if they were a unmarried firm. Collusion requires an agreement, either explicit or implied, between cooperating firms to limit output and achieve the monopoly price
What are the advantages of oligopoly?An oligopoly can embrace a competitive strategyThe extra profits made from an oligopoly can go into research and developmentIt can bring price strength to the market.Oligopolies can offer more details to their consumers. It allows for more development refinement to occur.
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Since optimization is used to analyze people's choices and help them improve the outcomes of their choices, its a. both normative and positive. b. normative only. c. positive only. d. because it
Since optimization is used to analyze people's choices and help them improve the outcomes of their choices, it a. both normative and positive.
Maximizing or minimizing some feature relative to some set, regularly representing more than a few picks available in a positive scenario. The function allows comparison of the special alternatives for figuring out which is probably “great.”
practically, function optimization describes a category of issues for locating the input to a given function that consequences within the minimal or maximum output from the feature. The goal relies upon on sure traits of the device, referred to as variables or unknowns.
The motive of optimization is to reap the “first-class” layout relative to a hard and fast of prioritized standards or constraints. These consist of maximizing factors together with productivity, strength, reliability, durability, performance, and utilization.
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When the brazilian real changes from 1000 real per u. s. dollar to 1500 real per u. s. dollar, the real is?
When the Brazilian Real changes from 1000 real per U. S. dollar to 1500 Real per U. S. dollar, the real is devalued.
If the Brazilian Real appreciates relative to the U.S. dollar, the number of reals furnished increases because the lower fee (in real) for U.S. goods induces Brazilians to shop for extra U.S. products.
If an international location's actual trade price is growing, its method of its of goods has become extra costly relative to its competitors. Growth within the actual alternate charge means humans in a country can get more foreign goods for an equal quantity of domestic goods.
While the dollar appreciates, exports lower because they may be now more pricey for foreigners to shop for and imports growth inflicting internet exports to decrease. When the dollar appreciates, exports lower because they're now greater high-priced for foreigners to shop for and imports grow to inflict net exports to decrease.
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The first time ever corporation sells two products with a sales mix of 4:1 respectively for product a and b. what is the breakeven point in sales considering this additional information?
The correct answer is Sales of [tex]$40,000[/tex] for A, [tex]$20,000[/tex] for B.
Sales:
Lets consider 1 batch of production to contain [tex]4[/tex] units of A and [tex]1[/tex] unit B so as to maintain the product mix.
We will now first calculate the contribution from [tex]1[/tex] batch of production.
Contribution = Selling Price - Variable Cost
A and B
Selling Price [tex]50[/tex] and [tex]100[/tex]
Variable Cost [tex]20[/tex] and [tex]40[/tex]
Contribution [tex]30[/tex] and [tex]60[/tex]
Contribution per batch = Contribution of A * 4 + Contribution of B * 1 = [tex]30*4 + 60*1 = 180[/tex]
Total Fixed Cost = [tex]36000[/tex]
We know that Breakeven units = Total fixed cost / contribution per unit
So, Breakeven no. of batches [tex]= 36000 / 180 = 200[/tex] batches
Breakeven Sales of A = Breakeven no. of batches * units per batch * selling price per unit
[tex]= 200 * 4 * 50 = 40000[/tex]
Breakeven Sales of B = Breakeven no. of batches * units per batch * selling price per unit
[tex]= 200 * 1 * 100 = 20000[/tex]
Therefore, the correct answer is Option B - Sales of [tex]$40,000[/tex] for A, [tex]$20,000[/tex] for B.
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The parent teacher organization has raised $1800 to help pay for a year-end trip to an amusement park. they ask that there be one adult for every five students attending. adult tickets cost $45 and student tickets cost $30. if the group wants to take 50 students, how much will each student need to pay so that adults agreeing to chaperone pay nothing? a. $5 b. $40 c. $150 d. $3 please select the best answer from the choices provided a b c d
A correct option is option (d), i.e. $3.
The parent-teacher organization has raised $1800 to help pay for a year-end trip to an amusement park. they ask that there be one adult for every five students attending. adult tickets cost $45 and student tickets cost $30. if the group wants to take 50 students, how much will each student need to pay so that adults agreeing to chaperone pay nothing?
x=number of chaperones needed.
x/50 students=1 adult/5students
x/10=1 adult
x=10 adults
To pay for 50 students and 10 adults:
50($30)+10($45)=$1500+$450=$1950
They have collected $1800, so they are $150 short.
$150/50students=$3/student
Each student must pay $3.00.
What is algebra explain?
The area of mathematics known as algebra deals with symbols and the formulas used to manipulate them. These symbols, which are currently expressed as Latin and Greek letters, are used in elementary algebra to represent variables, or quantities without set values.
Do we need algebra in real life?
A valuable life skill worth mastering is algebra. It takes us beyond elementary math and gets us ready for calculus and statistics. It is helpful for a wide variety of vocations, some of which a student might pursue as a second career. The use of algebra in the home and for assessing news articles.
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Small and medium-sized firms are often better prepared to leap into global markets because they:________.
Small and medium-sized firms are often better prepared to leap into global markets because they: can react quickly to opportunities.
The three major reasons why businesses decide to go global:
Economic.Competitive.Technological.Political/Legal.Sociocultural.When a company decides to enter the global market, usually the least complicated and least risky alternative is exporting or selling domestically produced products to buyers in another country. A company, for example, can sell directly to foreign importers or buyers.
The government is a driving force that helps businesses enter foreign markets. The Department of Commerce, International Trade Administration is the lead agency that fulfills its mandate through a network of domestic export assistance centers and a variety of services and programs.
The global strategy offers greater opportunities to take innovations developed at the corporate level or in one market and apply them to other markets. Research suggests that the performance of the global strategy is enhanced if it deploys in areas where regional integration across countries is occurring.
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If the price of a good rises while demand remains unchanged, then total consumer surplus will:__________
If the price of a good rises while demand remains unchanged, then the total consumer surplus will decrease.
As the price of good rises, consumer surplus decreases, and because the fee of a good falls, consumer surplus will increase. The distinction between the lowest fee a firm might be willing to accept and the rate it clearly receives.
Consumer surplus is defined as the distinction between the entire amount that consumers are inclined and capable of pay for a great or provider (indicated with the aid of the call for curve) and the full amount that they surely do pay (i.e. the market charge).
An increase in demand reasons equilibrium prices to grow. A lower in call for reasons equilibrium charge to decrease.
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What activity, process, or asset best allows successful planners to simultaneously move quickly and patiently?
The activity, process, or asset best allows successful planners to simultaneously move quickly and patiently is known as the planning process
What is planning process?The procedures a business takes to create budgets that will direct its future operations are called the planning process. Strategic, tactical, operating, and project plans are some examples of the documents that may have been created.
Operational Planning.The procedure of transforming your strategy plan into a thorough road map that specifies each and every step your team will take on a weekly, or perhaps even daily, basis.
Strategic Planning.A procedure by which the leaders of an organization establish their long-term vision and determine the targets for the organization.
Tactical PlanningA strategy for planning that entails dividing a long-term strategic plan into several smaller, more focused short-term plans
Contingency PlanningA contingency plan is one that is created for a scenario that is not anticipated in the main plan. It is frequently applied to the management of extraordinary risks that, while unlikely, could have disastrous effects.
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A sales invoice included the following information: merchandise price, $12,400; terms 1/10, n/eom, FOB shipping point with prepaid freight of $1,200 added to the invoice. Assuming that a credit for merchandise returned of $900 is granted prior to payment and the invoice is paid within the discount period, what is the amount of cash that should be received by the seller
$12,700 is the cash received by the seller.
Calculation:
merchandise price $12,400 + freight $1,200 - credit return $900
= $12,700
The Cash (currency or coins) is legal tender that can be used to the exchange goods, debt, or services. It may also include the value of assets that can be quickly converted into cash, as reported by a company. A seller is any person or company who sells a product, service, or financial asset. Short selling is the practice of borrowing securities that are not owned in order to sell them and then repurchase them at a lower price.
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At the __________ stage of transforming raw materials into finished goods, managers typically use __________ control methods to determine customers' reactions to the organization's goods and services.
At the conversion stage of transforming raw materials into finished goods, managers typically use concurrent control methods to determine customers' reactions to the organization's goods and services.
What is a raw materials?Raw material seems to be a basic resource that is used create items, completed goods, power, or transitional resources that are fodder for upcoming finished products. It is additionally referred to as a fuel, untreated material, or main item.
In the input phase of the method of changing the raw product, the managers usually employ feedforward supervision. Taking care of issues when they arise.
Concurrent control provides managers with real - time updates on how effectively inputs are being converted into outputs during the conversion step, allowing managers to address issues as they arise.
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Industry and market analysis, competitor analysis, and social analysis are examples of which step in the strategic planning process?
Analysis of external opportunities and threats
A company with high ebit is considering pursuing multiple projects next year. which trade-off is involved, and what is the ideal credit rating for the company between aaa, aa, a, and bbb?
A company with high EBIT is considering pursuing multiple projects next year. The trade-off involved will be maximizing the number of projects against a higher credit rating, with an A rating being ideal. Thus the correct answer is D.
What is a trade-off?The trade-off is referred as a situation when one object gets compromised to gain over another object. This situation comes when decision-making between two goods takes place and one will get selected over the other.
Increasing the number of projects is compromised for a superior credit rating. A strong credit rating won't be enough since more projects will require the business to heavily rely on financing. The A credit rating will be considered.
Therefore, option D is appropriate.
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The complete question is-
A company with high EBIT is considering pursuing multiple projects next year. Which trade-off is involved, and what is the ideal credit rating for the company between AAA, AA, A, and BBB?
Select an answer:
The trade-off is only being able to pursue a few of the projects against a lower credit rating, with an AA rating being ideal.
The trade-off is pursuing more new projects against a lower WACC, with a AAA rating being ideal.
The trade-off is the risk of a credit downgrade against having few new projects, with a BBB rating as ideal.
The trade-off is maximizing the number of projects against a higher credit rating, with an A rating being ideal.
Tamara has submitted several resumes and anticipates receiving calls regarding interviews. to ensure that she makes the best first impression, she should ________.
Tamara has submitted several resumes and anticipates receiving calls regarding interviews.
To ensure that she makes the best first impression, she should allow calls from unfamiliar numbers to go to voicemail and call back after she has had time to gather her thoughts.
What is a resume?A resume is a personal description of your education, experience, training, and talents. A way to inform companies what you've done in the past and what you can do for them today. Your most significant job search tool for getting an interview and making a good impression on a potential employer.The reverse-chronological resume structure is unquestionably the finest. This is why: It's simple to read and skim. This format is known to recruiters and hiring managers because it is used by the majority of people.
Therefore, to ensure that she makes the best first impression, she should allow calls from unfamiliar numbers to go to voicemail and call back after she has had time to gather her thoughts.
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If a company chooses to sell through a(n) blank______, this means that it employs its own salespeople.
If a company chooses to sell through a blank company sale force, this means that it employs its own salespeople.
A corporation is a community for short, a legal entity that is a collection of people with a specific purpose, natural, legal, or a mixture of both. Company members have common goals and work together to achieve specific goals.
A company is a legal entity formed by a group of individuals to conduct and operate a commercial or industrial business. A company may be organized in various ways for tax and financial liability purposes, depending on the corporate law of its jurisdiction.
Associations of individuals to operate commercial or industrial enterprises — cf. corporations, partnerships.
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The benefits of portfolio diversification are highest when the individual securities have returns that:________
The benefits of portfolio diversification are highest when the individual securities within the portfolio have returns that: are largely uncorrelated with the rest of the portfolio.
Portfolio diversification is the process of investing your money in a variety of securities and asset classes in order to reduce the portfolio's overall risk. Just consider the results of placing all of your funds in a single security. As long as the stock's performance is favorable, everything will be fantastic.
Find asset classes with low or negative correlations to create a Portfolio diversification such that if one declines, the other tends to offset it. Although choosing asset classes to diversify your portfolio with ETFs and mutual funds is simple, one must be wary of hidden fees and trading charges.
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U. s. treasury securities considered to be risk-free because they have minimal, if any, ____ risk.
U. s. treasury securities are considered risk-free because they have minimal if any, default risk.
Given that the U.S. government stands behind them with its full faith and credit, Treasury securities are among the safest investments. According to the maturity period, Treasury securities are separated into three major groups:
Treasury Notes Treasury BondsTreasury BillsYou can buy any of these Treasury securities directly from the US government, through a bank, or through a broker. Despite being low-risk, treasuries do have some risks, such as being affected by inflation and interest rate changes. Treasuries have low returns because they are a secure investment. Federal taxes must be paid on interest received on Treasury securities.
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For a sales promotion, the manufacturer places winning symbols under the caps of of all its soda bottles. If you buy a six-pack of soda. What is the probability that you win something?.
The probability that you win something will be 1.
What is an probability in statistics?
The probability serves as a gauge for how likely an event is to occur. It gauges how likely an event is. P(E) = Number of Favorable Outcomes/Number of Total Outcomes is the formula for probability.
Can the probability of an event be 1?
If the chance is 1, the event will occur. There would be nothing you could do to prevent a road traffic collision if the likelihood of one was 1. It will occur. In reality, probability connected to commonplace events ranges between 0 and 1.
Can a probability be negative?
Although a quasiprobability distribution permits a negative probability or quasiprobability for some events, the probability of the result of an experiment can never be negative. These distributions may be applicable to conditional probability or unobservable events.
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The company's wacc is 10. 5%. what is the irr of the better project? (hint: the better project may or may not be the one with the higher irr. ) round your answer to two decimal places
The better Project is Project S having a NPV of $17.968 and IRR of 12.10 %
IRR:
An approach to capital budgeting that is used to assess the profitability of a project is the discounted payback time. Internal rate of return is one of these capital planning strategies (IRR).This rate of return corresponds to the point at which a project's net present value equals zero. Since it does not account for any outside forces, such as inflation, they call it internal.The calculator's capabilities will be utilized to determine the IRR,
Project S
CF0 = (1,000)CF1 = 882.62 & F01 = 1CF2 = 250 & F02 = 1CF3 = 15 & F03 = 1CF4 = 5 & F04 = 1I = 10.5%[NPV] [CPT]The NPV is $17.968[IRR] [CPT]The IRR will come as 12.10%Project LCF0 = (1,000)CF1 = 0 & F01 = 1CF2 = 260 & F02 = 1CF3 = 420 & F03 = 1CF4 = 732.87 & F04 = 1I = 10.5%[NPV] [CPT]The NPV is $15.78[IRR] [CPT]The IRR will come as 11.03%The better Project is Project S having a NPV of $17.968 and IRR of 12.10%Learn more about IRR here brainly.com/question/7920964
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Entrepreneurs must make sense of complex information and make decisions about how to invest their time, effort, and other resources. consequently, it is important to understand that?
Entrepreneurs must make sense of complex information nd other resources. consequently, it is important to understand that good entrepreneurs must be good judges.
An entrepreneur is an individual who creates a new enterprise, bearing maximum of the risks and enjoying maximum of the rewards. The technique of putting in a business is called entrepreneurship. The entrepreneur is normally seen as an innovator, a source of latest ideas, items, offerings, and commercial enterprise/or strategies.
The highest-paying activity in the global, in a traditional sense, holds the number one spot in this article: anesthesiologist. they're additionally the only process listed above. The listing, however, does not don't forget like who make substantially extra than that.
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The development team has developed a set of requirements. Now, the results need to be verified. Who has responsibility for planning the testing activities, such as test scripts and test data?
The Business Analyst has responsibility for planning the testing activities, such as test scripts and test data.
Business analysts play a critical role in managing the testing phase. He is the one with in-depth domain expertise, a firm grasp of the functional requirements, and the ability to effectively support testers in the design of test cases and aid in their comprehension of functionality.
Test cases, which serve as step-by-step instructions for each system test, are often developed by members of the testing team or the quality assurance (QA) team. Once a system feature or group of features has been completed by the development team, testing can start.
A business analyst will support the design process, support the analysis of original goals and needs, carefully examine product requirements, ask a ton of questions, and encourage communication between all interested parties.
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As stephanie makes decisions, the idea that her followers should accept the decision as if it were their own and not merely comply with the decision is:______.
Decision acceptance means that a decision is accepted by the followers. Follower Acceptance It is the idea in which the followers.
Making decisions can be seen as a problem-solving process that results in an optimal, or at least acceptable, answer. Consequently, it is a process that might be more or less reasonable or irrational and that can be founded on overt or covert facts and ideas.
Complex decision-making procedures frequently rely on tacit knowledge to fill in the blanks. Both tacit and explicit information are typically employed in tandem during the decision-making process.
The environment of the decision-maker may influence their choice. Complexity of the environment, for instance, is a factor that affects cognitive performance. A complicated environment is one that has a great variety of conceivable states that can change over time.
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Brandon’s manager wants him to find out the churn levels related to activities in the past 12 months and report his findings at the next meeting. what does brandon need to find out?
Brandon needs to find out customer churn rate.
To find churn rate take the number of customers that we lost last quarter and divide that by the number of customers that you started with last quarter. The resulting percentage is our churn rate.
Churn fee, every so often known as attrition charge, is the rate at which customers prevent doing business with a company over a given time period. Churn might also observe to the range of subscribers who cancel or do not renew a subscription. The better your churn price, the more customers prevent buying from your business.
Churn rate, now and again known as attrition fee, is the fee at which customers forestall doing enterprise with a employer over a given time frame. Churn may also follow to the wide variety of subscribers who cancel or don't renew a subscription. The higher your churn fee, the greater clients forestall shopping for from your commercial enterprise.
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The differentiation strategy can be effective in controlling the power of rivalry with existing competitors in an industry because:_____.
In an industry because customers are loyal to brands that are differentiated in meaningful ways.
An industry is a collection of businesses that are associated based on their primary business activities. In contemporary economies, there are dozens of industry classifications. industry classifications are commonly grouped into larger classes called sectors.
The industry is a fundamental activity in the economic system of any country, and it's liable for the processing and the transformation of natural products (raw substances) into other finished and semi-finished products.
There are 4 kinds of industry, namely primary, secondary, tertiary, and quaternary. Primary industries involve sports related to the extraction and processing of natural sources, such as agriculture, mining, fishing, and so on.
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Moving along a country's ppf, a reason opportunity costs increase is that?
The increasing opportunity costs as country move along a production possibilities frontier (PPF) are a result of the resources.
In macroeconomics, the production possibilities frontier is the set of points at which a country’s economy is most efficiently allocating its resources to produce as many goods as possible. If production is on the production possibilities frontier, the country can only produce more of one good if it produces less of some other good.
If the economy is producing less than the quantities indicated by the production possibilities frontier, this is a sign that resources are not being used to their full potential. In this case, it is possible to increase the production of some goods without cutting production in other areas.
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