why having business is important?
________ is a set of interdependent organizations that help make a product or service of a company available for use by consumers or business users.
At a recent soccer tournament, a local beer distributor gave free coolers to all adults with a paid admission. What is this an example of
Answer:
Sales promotion
Explanation:
At a recent soccer tournament, a local beer distributor gave free coolers to all adults with a paid admission is sales promotion mix activity.
What is Promotion mix?To accomplish a certain marketing objective, a promotional mix combines marketing strategies such as direct marketing, sales, public relations, and advertising.
Public relations, personal selling, sales promotion, and advertising make up the promotion mix's four main components.
Whereas a transitory campaign or offer is used by a company as part of a sales promotion to raise interest or demand in its product or service. A company may decide to utilize a sales promotion (or "promo") for a variety of reasons, but the main one is to increase sales.
Thus local beer distributor use sales promotion mix strategy.
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Why is account management important in the vegetable farming ? give reason .
Answer:
Money
Explanation:
The expected result of farming would be to make money, account management would help the most in making money. With account management, you can see how well your farm is producing money which in turn can tell you if you are growing quality crops or a crop that your clients want the most.
Answer:
It is important to appreciate the fact that modern business management principles can assist the farmer or farm manager, no matter how small his farm may be and however meager his capital. This is because of the two major tasks facing today’s farm managers.
Explanation:
Importance of agriculture in the Food supply Agriculture is the world’s leading source of food items. All the food substances that are essential viz. Agriculture produces vegetables, proteins, and oils. The carbohydrates provide all living beings with energy.
activities include cash receipts and cash payments for transactions relating to revenue and expense activities.
Answer:
Operating Activities
Explanation:
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after returning home from a trade show, ms. stephenson, the president of a manufacturing company, called a meeting of her production department. ms. stephenson explained the company would attempt to eliminate defects and repeated mistakes in employee performance through
Miss stephenson explained that policy of quality assurance will be implemented to eliminate defects and repeated mistakes in employee performance.
Quality assurance is a policy which intends to ensure that employees performed at optimal and quality level.
The policy aims to maintain and enhance the level of quality and performance of the employees.Therefore, the goal of Miss stephenson will be implemented through the policy of quality assurance.
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when preparing your taxes, what can possibly help reduce the amount of taxes that you owe?
Answer:
By Opening a saving account
When preparing your taxes a tax credit can help you to reduce the amount of taxes that you owe.
A tax credit can be referred to as an item that is used directly to reduce what someone has to pay as taxes in a year. The tax credit helps by decreasing a person's tax liability.
The tax credit could be automatically gotten or it could be claimed. Tax deductions can also be used to reduce the amount that a person earns just before they calculate their taxes.
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Retailing includes all activities involved in the: _______________
a. selling, renting, and providing of products and services to ultimate consumers for personal, family, or household use.
b. selling of tangible products to ultimate consumers for personal, family, or household use.
c. selling of tangible products to ultimate consumers for personal, household, or industrial use.
d. selling, renting, leasing, or reselling of products and services to ultimate consumers or small industrial users.
e. selling, renting, and providing of products and services without retaining the title to these offerings.
Retailing includes all activities involved in the: selling of tangible products to ultimate consumers for personal, family, or household use.
There are two major middlemen in the distribution of products:
Wholesale: This is a middleman who buys directly from the producer in large quantity and sells to retailers in small quantity.Retail: The retailers buys in small quantity from the wholesaler and sells in units quantities to the final consumers. The retailer is the closest to the consumer in the distribution chain and he gives information about a product to the consumer.Therefore, the retailers sells to consumers who use a product for personal or household use.
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Retailing includes all activities involved in the: a. selling, renting, and providing of products and services to ultimate consumers for personal, family, or household use.
Retailing refers to the act of selling products and services for the consumption of the final consumers. There is no reselling of the products at this stage.
The consumer uses the products and services for his personal benefit. Therefore, option A is correct.
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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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Free trade areas that have a common external trade policy, but don't allow for the free movement of people and capital are called
Answer:
common markets
Explanation:
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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:
Consider the following incomplete deposit ticket: A deposit ticket. The amounts deposited were 491 dollars and 60 cents and 157 dollars and 68 cents. 68 dollars and 44 cents was taken out as cash. The total on the ticket is 686 dollars and 4 cents. What was the value of the third check Tony deposited? a. $617. 60 b. $105. 20 c. $31. 28 d. $36. 76.
Answer:
d.
$36.76
Explanation:
just took the test
As instructed by the deposit ticket, Tony deposited three cheques. Therefore, the third check Tony deposited was for $105.20. Thus, option (B) is the correct answer.
How to get the resultant deposited amount?
The deposited amount minus the amount subtracted equals the resultant deposited amount.
To determine the final deposit amount that will be placed in the bank, we deduct the amount subtracted from the amount deposited.
In that instance, the net deposit will be negative, suggesting that there was a deduction rather than a deposit. However, it's possible that we deducted more than we deposited.
We can see from the picture that:
Deposited sums included:
First check: $491.60 Second check: $157.68Third check: $x (to find)The amount deducted was: $68.44$686.04 is the net deposit.As a result, the total sum deposited is:
Net deposit = deposited amounts - deduced amounts
Total net deposit: 105.20 (in dollars).
The third check that Tony submitted is therefore given by: $105.20 for Choice (B).
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a productivity index of 110% means that a company’s labor costs would have been 10% higher if it had not made production improvements. assume that digby had a productivity index of 112% and that baldwin had a productivity index of 103%. now refer to the income statements in the annual report for digby and baldwin. using the labor costs shown in the income statements, how much more did digby save in direct labor costs compared to baldwin by having a higher productivity index?
Digby saved 9% in direct labor costs compared to Baldwin by having a higher productivity index.
Given that a productivity index of 110% means that a company's labor costs would have been 10% higher if it had not made production improvements, assuming that Digby had a productivity index of 112% and that Baldwin had a productivity index of 103%, to determine how much more did Digby save in direct labor costs compared to Baldwin by having a higher productivity index, the following calculation should be performed:
112 - 100 = 12 103 - 100 = 3 12 - 3 = 9
Therefore, Digby saved 9% in direct labor costs compared to Baldwin by having a higher productivity index.
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The short-run aggregate supply curve has a(n) ________ slope because as prices of ________ rise, prices of ________ rise more slowly.
According to macroeconomic principle, the short-run aggregate supply curve has a Positive slope because as prices of final goods and services rise, prices of inputs rise more slowly.
This is based on the idea that the short-run aggregate supply curve shifts by changes in price level and production.
Thus, the Short-run aggregate supply curve is represented as Y = Y* + α(P-Pe).
Here, Y => the production of the economy;Y* => the natural level of production, and the coefficient is positive;P => the price level;Pe => the expected price level.Hence, in this case, it is concluded that the short-run aggregate supply curve is a significant detail to be noted in the economic analysis of business production.
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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
In an economy in which the skills, preferences, and motivations of workers vary widely, equality of wage rates would
Considering the situation described above, the equality of wage rates would be lower.
This is because when there are high differences in the level of skills, preferences, and motivations of workers, some workers with high skills, and skills preference and increased motivation will earn higher wages.
On the other hand, the workers with low skills, less preferred by employers, and have less motivation to work, will undoubtedly earn lower wages.
This situation would lead to the equality of wage rates to be lower, as many people earn higher, while many others make lower.
Hence, in this case, it is concluded that massive disparity in skills, preference, and motivations cause lower equality in wage rates.
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Which of the following is not a step that can help you establish and maintain a good credit history?
a. Open a bank account.
b. Purchase a cell phone contract and pay it on time and in full every month.
c. Make car payments and car insurance on time.
d. Open many credit card accounts.
e. All of the above steps help establish good credit history.
Answer:
b. Purchase a cell phone contract and pay it on time and in full every month.
Explanation:
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True or false: The key to success for companies in a capitalist economy is to remain inflexible during times of change.
It is false that the key to success for companies in a capitalist economy is to remain inflexible during times of change.
This is because times of change often involve changes in technology or customers' tastes. Any company that refuses to yield to change in technology or consumer taste risks the chance of remaining stagnant in the market.
Not only that, when a company remains inflexible during times of change, such a company tends to lose many customers.
For example, the failure of Nokia to use android early in its mobile phone product due to technological change cost them losing many customers.
Hence, in this case, it is concluded that the correct answer is False.
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deductions and credits can _______ what you owe in taxes each year.
Answer: Decrease or Reduce
Based on taxation analysis, the deductions and credits can reduce what you owe in taxes each year.
This is because the tax deduction is a term used to describe what reduces how much of your income is liable to taxes.
Similarly, tax credits outright reduce the amount of tax you are deemed to pay.
Tax credits reduce the amount of tax to pay directly. For example, a tax credit of $2000 reduces your tax liability by $2000.
Hence, in this case, it is concluded that the correct answer is "reduce."
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if you are borrowing loans, where can you find out how much you own in federal student loans?
If you are borrowing loans you can find out how much you own in federal student loans in the The Federal Student Aid website.
This website is under the department of education in the state, The website would show you details such as:
What you are owingThe loan amount that you applies for originallyYour loan balance And your payment status.You can use the National student loan database system NSLDS to check this out.
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when a manufacturer sells its products directly to consumers, it engages in which two supply-chain activities?
Based on components of Supply Chain Management, when a manufacturer sells its products directly to consumers, it engages in Source and Delivers supply-chain activities.
This is because Supply Chain activities is divided into five components.
The Source component is how firms or companies look for buyers, vendors, or consumers to buy their products directly.
Also, the Deliver component is by which the company delivers the products purchased by vendors, buyers, or consumers directly to them without intermediaries.
Other components of Supply Chain activities include the following:
Plan;Make;ReturnHence, in this case, it is concluded that the correct answer is Source and Deliver.
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Identifying the problem, explaining why the issue is important, setting goals, pinpointing targets and tactics, and identifying allies are among the fill in blank strategy of HRW
Strategies in the human resources sector are responsible for managing the company's human capital, identifying problems and allies, setting goals, pointing out targets and tactics that will make the company's culture stronger.
Some HR functions are:
Manage internal relationships.Carry out recruitment and selection processes.Manage changes.Develop training and development programs.Human capital is the most precious resource of organizations, since the business environment is increasingly competitive, and therefore the set of knowledge and learning in a company will be the factor to develop creativity and innovation.
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Answer:
Advocacy
Explanation:
Advocacy
Which of the following symptoms is NOT associated with an allergic reaction?
Trouble breathing
Anxiety
OOO
Fainting
Screaming
When one is having an allergic reaction to something, one symptom that is not expected is Screaming.
An allergic reaction usually leads to the following:
Person has trouble breathing Person develops anxiety Person might faintIt is not a usual thing that a person will scream as a result of an allergic reaction.
We can therefore conclude that screaming is not associated with allergic reactions.
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Shelia does quality control for a company that manufactures lawn mower parts. On any given day, she finds the probability distribution for defective parts as shown in the table. Using the data from the table, what is the probability of having 2 defective parts in a day?.
Answer:
part 1 answer is: 0.04 part 2: 0.15
Explanation:
just did it on edge
From the question and the table made available, the probability of having 2 defective parts in a day is 0.04.
What is probability?This is a term that is used in statistics to show the chances that something is going to occur.
The probability of two defective parts happening in a day on this table if 0.04
P(X) = P(2) = 0.04
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The three factors that evaluate the level of creativity in the decision-making process are fluency, flexibility, and originality. True False
Making choices among alternative courses of action is known as decision making. The three factors that evaluate the level of creativity in the decision-making process are fluency, flexibility, and originality is a true statement.
Creative decision-making is simply known as the ability to consider all views and solve a problem in a new way.
It often set up new or better ways, offer a new method or even help discover a new product or service for a business to offer.
Researchers often focus on three factors to evaluate the level of creativity in the decision-making process. They are:
Fluency: this refers to the number of ideas an individual is able to get. Flexibility: Based on if decision makers are able to get several unique solutions to a problem.Originality: something/Idea that is conceived by you.
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the table shows data that were collected from people who attended a certain high school basketball game and indicates the team each person rooted for and whether each of these people purchased food during the game. a person who attended the game will be selected at random. which of the following correctly interprets mutually exclusive events represented by the table?
The statement that correctly represents mutually exclusive events represented by the table is rooting for the home team and rooting for the away team.
Mutually exclusive events are events that cannot occur together. If one event occurs, then the other event cannot occur. For example, if you roll a dice once, you cannot get a five and three at the same time. It would be either of the two.
Looking at the table, you cannot root for the home team and the away team at the same time. A person has to choose which team to root for. Also, you can either purchase food or not purchase food. Thus, these are the mutually exclusive events.
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If a person wanted to purchase his or her dream car, and keep it for many years, is leasing or buying the better option? Why? a. Buying would be the better option because the overall cost would be less. After the car is paid off, the owner gets much more value from the car, having already paid it off. B. Leasing would be the better option, so the newest model could be driven every few years. C. It wouldn't matter, as long as the person got to drive the dream car. D. Leasing would be the better option because it would allow the person to customize the car and drive it as much as he or she wants.
Answer: A. Buying would be the better option because the overall cost would be less. After the car is paid off, the owner gets much more value from the car, having already paid it off
Explanation:
The best thing that a person can do if they want their dream car is buying because a. Buying would be the better option because the overall cost would be less. After the car is paid off, the owner gets much more value from the car, having already paid it off.
Why is buying better?Once you buy your car, it is yours and you can do with it as you please instead of observing stringent rules that come with leasing.
The total cost would also be less because you would have bought the car at a once off amount instead of an amount that has interest.
In conclusion, option A is correct.
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Location is very important in the marketing of __________ because consumers desire to purchase these goods with a minimum of shopping effort.
Answer:
Services
Explanation:
I think is services
Revenues were $1,000,000, Cost of Goods Sold was $750,000, and Net Income was $120,000. Net profit margin equals ______.
The net profit margin is 12%
The parameters given in the question are
Revenue= $1,000,000
Cost of goods sold= $750,000
Net income= $120,000
Net profit margin= Net income/revenue × 100
= 120,000/1,000,000 × 100
= 0.12 × 100
= 12 %
Hence the net profit margin is 12%
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why does it have to have a limit