Products that cost a lot of money but that people buy anyway because of the status and exclusivity that they project to others are called prestige products.
Prestige products are products that are of a high quality, high value and costly which are often purchased by people because of the benefit they will derived from it.
Most people tend to buy prestige products in order to increase their status in the society and they will often go for the product without minding how costly the product are.
Example of prestige product is buying a luxury car or items such as wrist watch that are very expensive.
Inconclusion products that cost a lot of money but that people buy anyway because of the status and exclusivity that they project to others are called prestige products.
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While fallon worldwide was working with arby’s executives on its campaign, it was decided that the ________ for the campaign should be to increase demand for arby’s other menu items since arby’s consumers primarily associated the restaurant with roast beef and lacked an awareness of arby’s other protein offerings.
The target audience is simply known to bee the consumer to which goods are intended for. While Fallon worldwide was working with Arby’s executives on its campaign, it was decided that the advertising objective for the campaign should be to increase demand.
Advertising is known to consist of some primary objectives such as to inform, to persuade, and to remind.
The goal is simply to make consumers to take action and switch brands, try a new product, or remain loyal to a current brand.
Advertising is kknown as a printed, written, oral and illustrated art of selling. that is aimed to encourage sales of the advertiser's products.
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Which organizational pattern puts emphasis on the benefits of the speaker's policy in comparison to the alternatives but is based on a problem-solution structure
Organizations often have various patterns in which they run their day to day activities. The organizational pattern puts emphasis on the benefits of the speaker's policy is Comparative advantage.
Comparative Advantages is simply known to be the final process for putting together a persuasive speech is calledThe goal of this organization pattern is aimed to compare items while placing them side-by-side and show why a product is more better than the other.
It is often used by people, speaker, organization when comparing two things
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According to Peter G. Keen, a former MIT professor, which is a benefit of a decision support system (DSS)
According to Peter G. Keen, a benefit of a decision support system is that it helps in making better decisions.
A decision support system simply means a computerized program that is used for supporting judgments in an organization. It's used for decision-making.
According to Peter G. Keen, a decision support system is also vital as it helps in increasing communication and saves costs. It also aids new insights and learning.
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what factors determine the elasticity of resource demand?
Answer:
the rate of decline of mp
A sale-on-approval contract occurs when the seller and buyer agree that the buyer may return the goods at a later time. A sale-on-approval contract occurs when the seller and buyer agree that the buyer may return the goods at a later time. false true
Based on the definition of a sale-on-approval contract, it is indeed TRUE that a buyer can return the goods later.
As sale-on-approval contract:
Means that the buyer receives goods but have to test it first to know if they can accept it Means that the buyer can return the goods to the seller if they do not accept the godsAfter the buyer tests the goods bought via a sale-on-approval contract, they then have the choice to keep it and pay for it or send it back to the seller.
In conclusion, a sale-on-approval contract allows a buyer to return the good at a later date.
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Jake receives a promotion at his law firm after winning an important case. This is an example of a: Group of answer choices Positive informal sanction Negative informal sanction Positive formal sanction Negative formal sanction
Jake receives a promotion at his law firm after winning an important case. This is an example of a positive formal sanction.
Positive sanctions include celebration, praise, social recognition, congratulations, approval, social promotion, bonuses, awards, titles, prizes, etc.
In this case, since Jake receives a promotion at his law firm after winning an important case, it's an example of a positive formal sanction.
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Answer:
Positive Formal Sanction
Explanation:
When a company recognizes a cash revenue event that is subject to state sales tax, the balance in the Cash account increases by ______ the amount of revenue.
Answer: more than
Explanation:
Since their is a tax rate , it will get added on to the cash which would make it MORE THAN the actual amount
In January 2020, Ford Co. purchased a patent from a research institution for $400,000. The patent was estimated to have a useful life of 12 years. In December 2021, Ford Co. defended the patent in legal proceedings and successfully retained rights of ownership of the patent. The estimated life of the patent did not change from its original estimate. Legal expenses were $32,000. Determine the carrying value of the patent on December 31, 2021. Note: Carry all decimals in calculations; round the final answer to the nearest dollar
The carrying value of Ford Co.'s patent on December 31, 2021, is equal to $362,424.
Data and Calculations:
Cost of patent purchased in January 2020 = $400,000
Estimated useful life = 12 years
Annual amortization expense = $33,333.33 ($400,000/12)
Accumulated Amortization on December 31, 2020 = $33,333.33
Carrying value on December 31, 2020 = $366,666.67 ($400,000 - $33,333.33)
Capitalized legal expenses to defense title = $32,000
New value of patent = $398,666.67 ($366,666.67 + $32,000)
Remaining useful life of patent = 11 years
New annual amortization expense = $36,242.42 ($398,666.67/11)
Carrying value of patent on December 31, 2021 = $362,424.25 ($366,666.67 - $36,242.42)
Therefore, the accumulated Amortization on Dec. 31, 2021 is $69,575.75 ($33,333.33 + $36,242.42).
Thus, the carrying value of Ford Co.'s patent on December 31, 2021 is equal to $362,424.25 ($400,000 + $32,000 - $69,575.75).
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Men and women may be paid different wages under the Equal Pay Act when payment is made pursuant to a _____.
According to Equal Pay Act , when making a pursuant to seniority system;
Men and women may be paid different wages.Equal Pay Act can be regarded as an act of 1938 that prohibits sex-based wage discrimination between men and women that are working in the same organization.But in a case, where seniority system applies, the payment could be different, the women could be paid different wages.Therefore, seniority system serve as an exception under the Equal Pay Act.
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Explain traditional, local and surplus production
Good Grains Bread Corp. plans to increase profits by providing custom bread baking mixes to the various countries where it sells. The company wants to match the tastes and preferences of the consumer in each of these markets. What type of strategy is Good Grains Bread Corp. using
The strategy Good Grains Bread Corp is using is localization.
Marketing localization is a marketing term that refers to the strategy in which a company focuses on a specific area and markets its product in that area (different from its origin)
One of the main characteristics of marketing localization is that companies offer products according to the tastes and preferences of buyers in those places (product customization). Likewise, companies adapt the image of their product to the language and culture of the destination.
According to the foregoing, it can be inferred that Good Grains Bread Corp is implementing localization to offer personalized products according to the preferences of its buyers in the different places where it sells its products.
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Look for factors that will help you determine what type of economy exists in Country A. Based on the clues in this passage, what type of economy does Country A have? developed developing transitioning command.
Answer:
B. developing
Explanation:
just did it
Answer:
b
Explanation:
bc
A mountain bike is priced at $413. If the sales tax is 6. 5 percent, what is the cost to purchase the mountain bike? Round to the nearest cent if necessary. $26. 85 $28. 91 $437. 78 $439. 85.
Answer:
A
Explanation:
A. the answer to this question
the term ________ is described as a formal means of analyzing long-range investment alternatives.
the three major factors associated with corporate social responsibility are
Based on the socio-economic analysis, the three primary factors associated with corporate social responsibility include "society."
The other two significant factors associated with corporate social responsibility include the following:
EthicsEnvironment.Corporate social responsibility is a term used to describe the practices and policies of business firms or companies to operate in a way that benefits their environment at large, instead of degrading or affecting the environment.
Corporate Social Responsibility involves economic and philanthropic responsibilities, all of which form the social-environmental and ethical responsibilities.
Hence, in this case, it is concluded that the correct answer is society, ethics, and the environment.
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As described by capgemini, what aspect of smart products used an industry 4.0 environment would focus on using sensor technology to give access to condition information regarding products and their environment?
A product can be described using different aspects of it. The Aware aspect of smart products is often used an industry 4.0 environment to focus on using sensor technology.
Smart Products in Capgemini are known to be cyber-physicalsystems that gives new features and functions using connectivity.
Smart Services often makes up new paths for entirely new business
models and markets via innovative service offerings and delivery models.
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what is the maximum number of characters allowed in the account number field?
Answer:
The following is a list of the maximum number of characters (letters, numbers and so on) that you can enter in the fields specified: Account Name: 31 Account Numbers: 7 Amount: 99,999,999.99 (Maximum number allowed)
Explanation:
Monica has created her own cleaning solution. Monica's friends encourage her to sell the cleaning solution; they think it is so fantastic they believe Monica will make a lot of money on it. They encourage Monica to apply for a patent on the cleaning solution formula so that no one can copy it, and so Monica will be the only one who can sell it. Monica likes the idea of making a lot of money but knows she will have to reveal her formula to obtain a patent, otherwise she would have to keep it a trade secret. If Monica decides to apply for and receives a patent on the cleaning solution: __________
If Monica decides to apply for and receive a patent on the cleaning solution, she must disclose the formula, but she has the exclusive right to make and sell it for twenty years.
This solution is based on US patent law, which seeks to encourage inventors to develop new technologies under the exclusive right of use for a limited time.
Patent law specifies a period of 20 years for the use of exclusive patent rights, which period may be extended if requested.
Therefore, if Monica decides to apply for and receive a patent on the cleaning solution, she will be able to make, use, sell and import her invention with the right to exclude others.
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What do you mean by the vocations based on capital ? Explain with examples
Answer:
Capital asset -investment activity is vocation or business being an adventure or concern in nature of commerce. Income/ loss from such activity will fall under different heads of income.
Explanation:
this is the correct answer
The descriptions give the responses of four individuals to a Bureau of Labor Statistics (BLS) survey of employment. 1. Mollie just graduated from college and is now looking for work. She has had three job interviews in the past month. 2. George works in an automotive assembly plant. He was laid off six months ago as the economy weakened. He expects to return to work in several months when national economic conditions improve. 3. Jeanette worked as an aircraft design engineer for a company that produces military aircraft until she lost her job last year when the federal government cut defense spending. She has been looking for similar work for a year, but no company seems interested in her aircraft design skills. 4. Ricardo lost his job last year when his company downsized and laid off middle-level managers. He tried to find another job for a year but was unsuccessful and quit looking for work. Refer to the above information. Which individual is structurally unemployed
Based on the information described above, the structurally unemployed individual is "Jeanette."
This is because structural unemployment is a form of unemployment whereby an individual is experiencing a non-correlation between his skills and the skills required of workers by employing industries.
In Jeanette's case, she has the skills of aircraft design engineering. However, no company is interested in her aircraft design skills. This shows structural unemployment.
Some of the causes of structural unemployment include the following:
Foreign competition in labor;Outsourcing of production aboard;Robots replacing humans;Labor immobility;Reduction in manufacturing industries, etc.Hence, in this case, it is concluded that Jeanette is the structurally unemployed one.
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The marginal product of labor is the
a. value marginal product of labor multiplied by the price of the good produced.
b. total output of labor divided by the quantity of labor used.
c. additional output resulting from employing one additional unit of labor.
d. same as the marginal revenue product of labor in price-taker markets.
i dont know sorry
Explanation:
Four companies have each issued $6 million in bonds. Which company will have the lowest balance in a contra account, without having a zero balance, assuming this is the first bond issuance for all four companies
The company with the lowest balance in a contra account (Bonds Discounts) is A Company 2, which sold their bonds at 94.
Data and Calculations:
Co. 1 Co. 2 Co. 3 Co. 4
Face value of bonds $6,000,000 $6,000,000 $6,000,000 $6,000,000
Selling rate 99 94 101 105
Proceeds from bonds $5,940,000 $5,640,000 $6,060,000 $6,300,000
Premium / (Discounts) ($60,000) ($360,000) $60,000 $300,000
Company 1's balance in the contra account (Bonds Discounts) is $60,000, Company 3's is $60,000 (Bonds Premium), while Company 4's balance is $300,000 (Bonds Premium).
Thus, the company with the lowest balance in a contra account is A.
Options:
A. Company 2, which sold their bonds at 94
B. Company 4, which sold their bonds at 105
C. Company 1, which sold their bonds at 99
D. Company 3, which sold their bonds at 101
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In November 2021, Kortney (who is a self-employed management consultant) travels from Chicago to Barcelona (Spain) on business. She is gone 10 days (including 2 days of travel) during which time she spends 5 days conducting business and 3 days sightseeing. Her expenses are $1,500 (airfare), $200 per day (meals at local restaurants), and $400 per night (lodging). Because Kortney stayed with relatives while sightseeing, she only paid for 5 nights of lodging. Compute Kortney's deductions for the following expenses.
Based on the information given Kortney's deductions are:
a. Airfare $1,050
b. Meals $700
c. Lodging $2,000
Kortney's deductions
a. Airfare deduction
Total number of Business day=5days+2days
Total number of Business day=7 days
Airflare= $1,500×7days/10days
Airfare=$1,050
b. Meals deduction
Meals=($200×7 days)×50%
Meals=$700
c. Lodging deduction
Lodging=$400×5 days
Lodging=$2,000
Inconclusion Kortney's deductions are: Airfare $1,050 ; Meals $700 ; Lodging $2,000.
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As chief financial officer, you want to send the fourth quarter profit/loss spreadsheets to the president of the company. How can you send the report without worrying about someone else accessing it
The chief financial officer can send the Financial report without worrying that someone else will access it by encrypting the report, with accessible key only known by the chief financial officer and President.
Usually, there are situation when a third party (like the President assistant) can assess his mails through delegation , therefore, the chief financial officer needs to ensures the financial report are not accessible by him
Therefore, the chief financial officer can send the Financial report without worrying that someone else will access it by encrypting the report, with accessible key only known by the chief financial officer and President.
In conclusion, encryption of the financial report is the best way to ensure others does not have access to it.
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How is increasing government spending on more roads and airports a good idea/ bad idea
Answer:
Bad
Explanation:
The increased government spending may create a multiplier effect. If the government spending causes the unemployed to gain jobs then they will have more income to spend leading to a further increase in aggregate demand.
marketing strategies for the business-to-business market
It is a fact that marketing strategies for a firm in a business to business market a. differ from consumer marketing strategies because the nature of the buyers is different
Business to business market:
Involves businesses that primarily sell their goods to other businessesIs usually dominated by intermediate goodsIn a business to business market, the buyers are other businesses which means that they are different from consumer markets where buyers are consumers. For this reason, marketing strategies must be tailored to other businesses instead of consumers.
In conclusion, marketing strategies here are different from consumer markets.
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Market Penetration Strategy.
Market Development Strategy.
Product Development Strategy.
Diversification Strategy.
True or False: Your company manufactures and sells a complex solution where a lot of expertise and value is delivered through company sales reps. Product margins are thin. For these reasons, you should use an Indirect sales channel.
True; the company should use an Indirect sales channel.
By definition;
An indirect sales channel is the sale of a good or service by a third-party, which may be a partner or affiliate, rather than a company's personnel.
According to the question;
The company manufactures and sells a complex solution where a lot of expertise and value is delivered through company sales reps.As a result, Product margins are thin.
For these reasons; an indirect sales channel is used as it involves subcontracting the sales to a third party, thereby relieving the company of sales responsible.
Ultimately, True; the company should use an Indirect sales channel.
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For the first part of this activity, you will be given a hypothetical monthly income, a list of your basic monthly bills, and a brief description of your living situation and daily life.Based on that information, you will create a monthly budget and financial plan that allows you to pay all of the necessary bills while also having enough money left over to live for the month.
You currently work as an elementary school teacher.
Your annual salary is $45,000
You bring home a weekly paycheck and your total monthly income, after taxes, is $2,850.00
You live alone in an apartment with the following bills:
Monthly rent: $1,000
Electric Bill: $82
Gas and Water: $44
Internet: $75
Other monthly bills include:
Cell Phone: $85
Student Loan: $200
Car Insurance: $130
Gym Membership: $20
Other details and expenses:
You live a pretty simple life. You are single and enjoy going out to dinner with friends once or twice a month.
You enjoy eating healthily and generally spend a good portion of your income on purchasing organic food. You like to grocery shop weekly and, on average, spend $100 per week.
You have a dog and he is due for a monthly check-up this month. You estimate this will cost around $150, but you have not scheduled the appointment yet.
You are relatively healthy and rarely visit the doctor, but you do have asthma that requires monthly inhalers. These are not covered by insurance and cost you $110 per month.
You love treating yourself to a movie. A movie ticket costs $10.
There is a concert that your friends have asked you to attend this month. Tickets are $250.
You opened a savings account several months ago and set a goal to deposit $200 into it each month.
Your Mom’s birthday is this month and you want to send her flowers. It will cost $75 to send her a beautiful bouquet.
The service light recently came on in your car. You have been avoiding taking it to the shop because you anticipate that it will cost anywhere from $150-$300. But if your car breaks down, you will not be able to get to work.
3750 take home monthly pay
if you have a salary that is the value for the whole year. Divide by 12 for each month to get the monthly take home gross pay.
45000/12 = 3750
If the number of unemployed workers is 200 million, and the number in the labor force is 500 million, what is the unemployment rate
Answer:
The unemployment rate is 700 million
Explanation:
I know this because you need to add the amount of unemployed with the labor forced and the labor forced id not employed because they are forced to work so they are not working there because they want to so they did not choose to employ there
PLEASE!!!!!!!!!!!!!!!!! I"'LL GIVE BRAINLIEST!!!!!
What is the best way to avoid gossip in the workplace?
Keep communication professional
Avoid joining cliques
Avoid joining teams
Only use positive verbal communication
Answer:number one
Explanation: