The practice of charging different prices to different consumers for the same product is called price discrimination.
Price discrimination is a selling strategy which charges the customers different prices for the same product or service. This discrimination is based on what the seller thinks they can get the customer to agree to.
This situation of price discrimination prevails under monopoly market as they can charge different prices from different buyers here easily. This strategy is used by businesses in order to maximize revenue by charging customers different prices based on their willingness to pay.
Hence, businesses and companies practice price discrimination in order to maximize their profits.
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A qualitative forecasting method which utilizes structured questionnaires submitted to potential customers soliciting opinions about potential products to estimate likely demand is.
A qualitative forecasting method which utilizes structured questionnaires submitted to potential customers soliciting opinions about potential products to estimate likely demand is called a market survey.
What is a market survey?A market survey is a survey research and analysis of the market for a certain good or service that looks at consumer preferences. A review of various client capabilities, including investment characteristics and purchasing power. Market research surveys are instruments for directly obtaining feedback from the target market to comprehend their traits, expectations, and needs.For emerging goods and services, marketers create innovative and interesting strategies, but their efficacy cannot be guaranteed.Marketers must identify the features and product categories that the target audiences would readily accept for these to be successful. By doing this, a new path can be guaranteed to succeed.
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The type of distribution system in which intermediaries are independent but agree to cooperate are participating in a(n):______.
Answer:
Contractual distribution system.
Explanation:
A distribution system consists of all the facilities and equipment connecting a transmission system to the customer's equipment. A typical distribution system can consist of: Substations. Distribution Feeder Circuits. Switches.
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The type of distribution system in which intermediaries are independent but agree to cooperate are participating in a contractual distribution system. (b) is correct option.
We impose entry requirements on people and companies to guarantee that the securities and futures market in Hong Kong operates in accordance with high standards. We also demand adherence to secondary regulatory standards for intermediaries as well as the Securities and Futures Ordinance. Therefore, through our licensing and intermediates supervisory activities, our Intermediaries Division contributes significantly to the SFC's aim of promoting the integrity and soundness of the Hong Kong stocks and futures markets.
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Which product is an example of a consumer good? stock share in a tech company dog food for a pet boarding facility paint sprayer for an autobody shop gallon of milk to use in a bowl of cereal
The product that is an example of a consumer good is shop gallon of milk to use in a bowl of cereal. Consumer goods are mostly consumed immediately.
What are consumer goods?Consumer goods are products or goods that are bought for consumption. Consumer goods are mostly finished products from a factory such as buscuit, cereals, milk, bread that can be sell on retail to the consumer.
The products are ate and mostly bought for personal use from a supermarket, store or exhibition.
Most of the consumer products can be consumed without any further processing.
Areas with high rate of consuming consumer products will have economic growth this is because the increase in it's demand help to improve economy.
Therefore, The product is an example of a consumer good is shop gallon of milk to use in a bowl of cereal.
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Answer:
Gallon of milk to use in a bowl of cereal
Explanation:
I got the question right
A ___________ beneficiary is a third party that benefits from a contract in which the promisor agrees to pay the promisee's debt.
A creditor beneficiary is a third party that benefits from a contract in which the promisor agrees to pay the promisee's debt
A creditor beneficiary may be defined as the beneficiary who is being owed or being believed to be owed with a legal obligation by a promisee which is provided upon a promisor's execution of his or her portion of a contract or agreement.
"Creditor beneficiary" is a term which refers to a legal entity that will benefit intentionally from an agreement which has been put in place to satisfy or reduce a debt.
A creditor beneficiary is a special type of third-party beneficiary. Creditor beneficiaries are not active parties in the execution of the agreement which they are to benefit from.
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Jose has been asked to conduct a needs assessment for an operational department. What is the first logical step he should take?
Jose should recommend a solution.
An operational assessment is an evaluation that evaluates an operation's current methods, equipment, software, structures, format, employees, stock blend, managing practices, and extra to perceive opportunities for development.
Needs assessment is essential as it helps a corporation decide the gaps which might be preventing it from accomplishing its favored desires. In A manual to performing a wishes assessment and a gap evaluation, Anthony J. Jannetti says these gaps can exist in either knowledge, practices, or abilities.
Operational needs are described as "non-procedural-based obligations that eat staffing resources." The difference between those and indirect-effort tasks are those are further eliminated from the trying-out process and are an awful lot more operational in nature. Examples include deliberate day off (PTO) Unplanned time without work.
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What is the cost of carry for:________
a) a non-dividend-paying stock
b) a stock index
c) a commodity with storage costs
d) a foreign currency.
The cost of carrying for a commodity with storage costs.
Storage costs are the amounts you incur to store your inventory. Costs are direct or indirect money spent on storing goods. Storage costs include space, rent, electricity, software, depreciation and warehouse staff costs.
Storage costs include warehousing costs, material handling costs, labor costs, and air conditioning costs. Therefore, the storage cost formula is: Storage cost = warehouse running cost + material handling cost + labor cost + air conditioning cost + (onsite cost x square foot area).
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Which description best fits what is meant when someone talks about their credit card apr?
Credit card APR is the price you pay for borrowing money. The cost of borrowing money each year, including fees, is stated as an APR. The APR is a more comprehensive indicator of the cost to you of borrowing money because it includes both interest rates and application costs.
The interest rates on credit card are often given as an annual percentage. If payment of balance in full each month by the due date, you can avoid paying interest on purchases on majority of credit cards. if you're getting decent deal on a credit card by looking at the APR.
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When a company receives an asset from an unrelated party by a donation, the assets are valued at fair value and:______.
When a company receives an asset from an unrelated party by a donation, the assets are valued at fair value and revenue is recorded.
What are assets?Anything of worth or a resource of value that can be exchanged for money is considered an asset. Assets belong to people, businesses, and governments. An asset may bring in money for a business, or the business may get anything from using or possessing the item.An asset is something that has both current and potential value.An asset, such as a piece of machinery, a financial instrument, or a patent, can frequently produce cash flows in the future.Homes, cars, investments, works of art, and household goods are examples of personal property. Assets are listed on the balance sheet of corporations and are subtracted from liabilities and equity.
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When consumers believe that various items provide the same set of attributes, brand _________ results.
When consumers believe that various items provide the same set of attributes, brand recognition results. The degree to which a consumer can correctly identify a specific good or service only by looking at its logo, tagline, packaging, or marketing campaign is known as brand recognition.
An aural cue, such as a jingle or theme tune related to a brand, can also cause brand recognition. For instance, if you see the pink and orange Dunkin Donuts lettering up ahead, you would immediately recognize it as Dunkin Donuts even before you could make out the words. Identify a brand without being explicitly exposed to its name by using visual.
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Inventory levels for firms using jit inventory systems compared to firms not using jit will be:_____.
Answer:
Lower for raw materials, work in process, and finished goods. Higher for both work in process and finished goods.
Reflective examination and review of situational outcome is an aspect of which step in the ethical decision-making process?
The step known as "Evaluate Your Decision" is where a reflective examination and review of situational outcome takes place.
What is the decision-making process?This refers to the process of making choices by identifying a decision, gathering information, and assessing alternative resolutions for a decision.
The steps of an Ethical Decision Making Process are:
Define the ProblemSeek Out ResourcesBrainstorm a List of Potential SolutionsEvaluate Those AlternativesMake Your Decision, and Implement ItEvaluate Your Decision.Therefore, the step known as "Evaluate Your Decision" is where a reflective examination and review of situational outcome takes place.
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Economists generally assume that there is a short-run trade-off between deflation and unemployment. output and employment. output and growth. inflation and unemployment. inflation and employment
In the short run, higher unemployment leads to lower inflation, and lower unemployment leads to higher inflation, so there is a trade-off.
Society faces a short-run tradeoff between unemployment and inflation. If policymakers enlarge combination demand, they can lower unemployment, however simplest on the price of better inflation. in the event that they settle aggregate demand, they can lower inflation, however at the fee of temporarily higher unemployment.
Consistent with economists, there may be no trade-off between inflation and unemployment in the end. Decreases in unemployment can result in increases in inflation, however best in the brief run. In the end, inflation and unemployment are unrelated.
In economics, inflation is a general increase in the prices of products and services in an economic system. While the general price level rises, every unit of currency buys fewer items and services; consequently, inflation corresponds to a discount in the buying energy of money.
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A disadvantage of using the payback period to compare investment alternatives is that:_________
it ignores cash flows beyond the payback period it ignores cash flows beyond the payback period.
The most serious disadvantage of the payback method is that it does no longer recollect the time price of money. cash flows received at some point in the early years of a project get a better weight than cash flows acquired in later years.
Payback vs NPV ignores any benefits that arise after the payback length. It additionally does no longer measure total earnings. An implicit assumption inside the use of payback duration is that returns to the funding retain after payback duration.
The number one drawback to the use of the discounted payback method is that it ignores all cash flows that occur after the cutoff date, hence biasing this criterion closer to short-time period initiatives.
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Many companies use ________ to customize koozies for customers to use as inexpensive promotions.
Many companies use 3D printing to customize koozies for customers to use as inexpensive promotions.
Items such as koozies all come as the same for all customers, but if there needs to be special writing or inscription on any of them,. this is known as customization and can be easily be done with 3D printing.
What is Customization?
This refers to the individual request to make something different for them to make it unique and easily recognizable.
Hence, we can see that Items such as koozies all come as the same for all customers, but if there needs to be special writing or inscription on any of them,. this is known as customization and can be easily be done with 3D printing.
This helps a user to easily identify his item and this is also a form of personalization and is used as an inexpensive promotion.
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F there is an increase in demand, the quantity will ______ and the price will _____.
If there is an increase in demand, the quantity will remain unchanged and the price will rise.
This is because of the Law of demand.
The law of demand is considered as one of the most fundamental concepts in economics. It works in relation to the law of supply which explains how market economies allocate resources and the prices of goods and services are determined that we observe in everyday transactions.
The law of demand also states that the quantity purchased by consumers varies inversely with price.
In other words, the greater the price, the lower the quantity demanded. This happens because of the diminishing marginal utility. That is, consumers use the first units of an economic good purchased by them to serve their most urgent needs at first, and then they use each additional unit of the good to serve their other lower-valued ends.
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A company decides to survey its employees about their job satisfaction. the company’s managers are responsible for delivering the surveys. the managers interview the employees they supervise face-to-face, asking the survey questions and writing down the responses. what is a source of bias in this sampling method?
The source of bias in the face-to-face sampling method is"employees are less likely to tell their manager they are unhappy with their job."
What is face-to-face survey?Face-to-face surveys, also known as F2F surveys, are a type of data collection that involves the study sample in order to conduct the interview in-person and observe the participants' behavior and responses in order to gather more data.
Many researchers favor this form of data collecting because it enables them to see the context in which their research population or sample functions and, in doing so, allows them to more thoroughly analyze their replies, for example while conducting field research.
Some advantages of face-to-face survey are-
The F2F survey gives you, as the interviewer, the opportunity to closely examine both the participants' verbal and non-verbal responses, allowing you to both observe and analyze their behavior.The fact that researchers can get a greater degree of response rate when conducting an F2F survey is another benefit.In a face-to-face study, researchers can take charge of the interview and ensure that participants are focused on filling the questionnaire, free from any distractions that might result from the lack of a facilitator.To know more about face-to-face survey, here
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What is the effect on the money supply when you transfer $15,000 from your checking account to your savings account?
The Right and Valid Response is Option E i.e
Decrease M1; no effect on M2
M1 money supply includes those moneys that are very liquid such as cash, checkable (demand) deposits, and traveler's checks.
M2 money supply is less liquid in nature and includes M1 plus savings and time deposits, certificates of deposits, and money market funds.
What is money supply ?The money supply is the total amount of money—cash, coins, and balances in bank accounts—in circulation. The money supply is commonly defined to be a group of safe assets that households and businesses can use to make payments or to hold as short-term investments.To learn more about money supply, click the links.
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Correct Question - What is the effect on the money supply when you transfer $15,000 from your checking account to your savings account?
A) Decrease M1; increase M2
B) Decrease M1; decrease M2
C) No effect on M1; increase M2
D) No effect on M1; no effect on M2
E) Decrease M1; no effect on M2
Describe what lilius, worline, dutton, kanov, and maitlus (2011) found about how the collective capacity for compassion was developed and maintained at midwest billing.
Recent conceptual work has shifted from the individual to the group by positing compassion as a collective capacity that involves noticing others' suffering, feeling empathic concern, and attempting to alleviate that suffering.
Is compassion something you are born with?The answer is definitively yes, compassion is both innate and can be learned and enhanced.
Advances in neuroscience have shown us that the human brain has neural networks that are hard-wired with the ability to share the experiences of others, including emotions and sensations.
Is compassion an instinct?This consistency strongly suggests that compassion isn't simply a fickle or irrational emotion, but rather an innate human response embedded into the folds of our brains.
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In double-stranded DNA, the amount of a equals that of t and the amount of c equals that of g because the strands have complementary sequences of bases.
Deoxyribonucleic acid (abbreviated DNA) is a molecule that consists of genetic information for the development and functioning of an organism. DNA is fabricated from related strands that wind around every different to resemble a twisted ladder — a shape known as a double helix.
DNA is manufactured from chemical constructing blocks called nucleotides. these building blocks are made from three elements: a phosphate group, a sugar institution, and one in all four varieties of nitrogen bases. To form a strand of DNA, nucleotides are related into chains, with the phosphate and sugar organizations alternating.
DNA is the information molecule. It stores instructions for making different large molecules, called proteins. those commands are saved internal every one of your cells, dispensed among 46 long systems called chromosomes. These chromosomes are made from thousands of shorter segments of DNA, referred to as genes.
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what form of capital does vodacom obtain
Sheila Marie Abducted by Aliens
An appropriate source for identification of a clinical-based research problem would be a/an:_____.
An appropriate source for identification of a clinical-based research problem would be a floor nurse. In hospitals and the other healthcare facilities, floor nurses serve as first line of defence for patient care. They directly care for patients, keep track of their health, and work with doctors to make sure everyone is getting the right care.
Medical research that involves patients is called clinical-based research. Clinical trials and observational research are the two categories by floor nurse. Observational studies look at people in everyday environments. Information is gathered, participants are grouped according to general characteristics, and changes over time are compared.
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Which business is required to complete schedule l, m-1, and m-2 to report balance sheet information on its return?
A partnership is required to complete schedule l, m-1, and m-2 to report balance sheet information on its return. The section of Form 1065, U.S. Return of Partnership Income known as Schedule M-2. The sum of the amounts indicated in Part II, Item L of each partner's Schedule K-1 should match the amounts on Schedule M-2.
Because evaluating changes to capital accounts should be consistent with income reporting and the balance sheet, the IRS uses this area of the tax return to check the correctness of tax reporting (Schedule L). Analysis of Partner's Capital Accounts is where the partnership informs the IRS of the changes to the partners' capital accounts on the partnership's books and records.
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The office of management and budget is an important instrument of presidential control because it reviews:____.
The office of management and budget is an important instrument of presidential control because it reviews most rules promulgated by federal agencies and helps the president to put together the federal budget submitted annually to congress.
The Office of Management and Budget oversees the performance of federal agencies and controls the federal budget.
The Office of Management and Budget oversees the implementation of the President's vision throughout the executive branch.
Office management helps maintain close relationships between different departments and people. It regularly delivers commands, orders, and instructions to various people. It performs various functions such as planning, organizing, managing, staffing, monitoring, motivating and effective leadership.
OMB's primary function is to assist the President in overseeing the preparation of the federal budget and overseeing its administration in the executive branches.
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Failing to __________ appropriately will result in too many employees doing the same work and prevent the new firm from realizing the cost synergies it anticipated
Failing to downsize appropriately will result in too many employees doing the same work and prevent the new firm from realizing the cost synergies it anticipated.
Cost synergy is the reduction in operating costs expected after the merger of the two companies. Cost synergies are cost savings resulting from increased efficiency in the post-merger company. Cost synergies are one of the three main types of synergies, the other two being revenue and financial synergies.
Mergers and Acquisitions (M&A) cost synergies could result from lower costs due to increased efficiencies in the two merged companies. These costs may include extra insurance, equipment, physical location, etc. It can also result from the economies of scale and bulk buying that arise from the combined size of the two companies.
Cost synergies can be measured by comparing comparable deals or by looking internally at each company. When evaluating each company, bottom-up analysis can be performed to determine how additional assets or operations will impact cost savings.
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When you sell your bicycle to another individual on ebay, you are engaging in which type of e-commerce?
When you sell your bicycle to another individual on Ebay, you are engaging in C2C type of e-commerce.
What is C2C?The business concept that promotes commerce between private individuals is known as "consumer to consumer," or C2C. This area of e-commerce connects people to conduct business with one another, whether it be for goods or services.Business-to-business (B2B), customer-to-business (C2B), and business-to-consumer (B2C) are the other three types of e-commerce (business to customer).A C2C's purpose is to facilitate these connections by assisting buyers and sellers in finding one another. Customers might gain from product rivalry and find things that might otherwise be challenging to find.To know more about C2C with the given link
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Ama module a shared goal is considered crucial to an effective team. What does a shared goal mean?
Shared goals are those goals which are the collective aspirations of actors and the are a great sense of shared destiny with others. Shared goals are that force which holds people together and allows all the actors to coordinate their efforts and work together for mutual benefit and helping each other. They are not just established and documented goals but a lot more than that.
Shared goals and shared purpose are generally determined as elements of the cognitive dimension of social capita.
The other dimensions of social capital are the relational and structural dimensions. This concept of making difference between cognitive structural, and relational dimensions, is one of the major approaches to social capital. This approach was systematically discovered by Nahapiet & Ghoshal in 1998.
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The average price of a movie ticket in the city of new york is $8. this is an example of:________
The average price of a movie ticket in the city of new york is $8. this is an example of Information.
What is Information?The fraction of a signal or message's content that transmits meaning is referred to as information. Information is not knowledge in and of itself, but rather its representation. The data supplied at one level is often transformed into information to be interpreted at the next level.
Facts and text features such as a table of contents, photographs, captions, bold print, and a glossary are examples of informational text characteristics. These traits assist the reader in finding information, supplementing information offered in text, drawing the reader's attention to key words, and explaining what words imply.
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A depreciable asset costs $50,000 and has salvage value of $7,500 after 6 years. what is the ddb depreciation in the second year?
The double decline balance depreciation in the second year will be $ 11,111.
Depreciation is allocated which will price a fair percentage of the depreciable quantity in every accounting duration throughout the expected useful life of the asset. Depreciation consists of the amortization of property whose useful existence is predetermined.
An example of Depreciation If a transport truck is purchased with the aid of a business enterprise with a price of Rs. 100,000 and the predicted utilization of the truck is five years, the business would possibly depreciate the asset underneath depreciation cost as Rs. 20,000 every 12 months for a length of 5 years.
Depreciation is used on an earnings announcement for nearly every business. its miles are listed as an expense, and so have to be used each time an object is calculated for year-stop tax functions or to decide the validity of the object for liquidation functions.
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Monitoring the performance of risk handling actions is involved in which step of the risk management process?
Fourth step
In step 4 of the risk management process comes Risk monitoring, Monitoring the status of risks, monitoring the effectiveness of mitigation plans implemented, and consulting with key stakeholders are all parts of the risk monitoring step. Risk monitoring should happen throughout the risk management process.
The risk management process is a outline for the actions that need to be taken. There are Five basic steps which are referred to as the RISK MANAGEMENT PROCESS.
All the five steps of this process are as follow;
Step 1: Risk identification
Step 2: Risk assessment
Step 3: Risk mitigation
Step 4: Risk monitoring
Step 5: Risk reporting
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What do we observe in the market for donuts if a new technique is introduced that enables every worker to make twice as many donuts?
The equilibrium price falls and the equilibrium quantity increases, supply increases.
What is a price that is in equilibrium?When supply and demand are balanced, the price is at equilibrium. It can be claimed that the forces of supply and demand are comparatively equal and the market is in equilibrium when a major index goes through a period of consolidation or sideways momentum.
Researchers have discovered that prices typically oscillate near equilibrium levels. Market forces will encourage sellers to enter the market and produce more if the price increases too much. More purchasers will place higher bids if the price is too low. Over time, these actions maintain the equilibrium level's relative equilibrium.
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