Some of the steps in creating a company include:
Selecting a unique name.Making a financial plan and creation of a budget.Creation of vision and mission statement.Registration of the company with the government.The advertising for the company would have to target an audience based on either demographics or income range or on the type of jobs they do that would require them to use your product.
The use of a marketing mix which includes the price, promotion, place, product, and people would be to make the best pricing available and also be in a strategic location, meeting the demand of people's needs.
What is Advertising?This refers to the creation of public awareness for a particular brand of products or services to get them to buy.
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Merilee is a seamstress in a garment factory, and she is paid $10 for each skirt she produces. What compensation plan does this describe?
Assuming she is paid $10 for each skirt she produces. This compensation plan describe what is called piece rate.
What is piece rate?Piece rate can be defined as the process in which employee are being paid based on the number of product produced by the employee.
Some companies or employer tend to make use of piece rate pay by paying their employee based on the quantity of goods the company manufacture on a daily basis.
Inconclusion this compensation plan describe what is called piece rate.
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For prescription drug coverage with her family health care plan, Emmeline has four options:
Option A: $50 monthly premium and $20 co-pay per prescription
Option B: $70 monthly premium and $15 co-pay per prescription
Option C: $90 monthly premium and $10 co-pay per prescription
Option D: $110 monthly premium and $8 co-pay per prescription
Based on Emmaline's records, her family fills an average of two prescriptions per month. Which
would be her least expensive option?
• Option A
O Option B
• Option C
O Option D
Based on Emmaline's records, the least expensive option would be Option A.
How to find the cheapest option?To find the cheapest option, use Emmeline's average prescription.
Option A cost per month:
= Monthly premium + Co-pay for prescription x Number of prescriptions
= 50 + (20 x 2)
= 50 + 40
= $90
Option B cost per month:
= 70 + (15 x 2)
= 70 + 30
= $100
Option C cost per month:
= 90 + (10 x 2)
= 90 + 20
= $110
Option D cost:
= 110 + (8 x 2)
= 110 + 16
= $126
In conclusion, the least expensive option is Option A.
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How does information technology impact the economic sector?
Answer:
~ᴛᴇᴄʜɴᴏʟᴏɢɪᴄᴀʟ ᴘʀᴏɢʀᴇꜱꜱ ᴀʟʟᴏᴡꜱ ꜰᴏʀ ᴛʜᴇ ᴍᴏʀᴇ ᴇꜰꜰɪᴄɪᴇɴᴛ ᴘʀᴏᴅᴜᴄᴛɪᴏɴ ᴏꜰ ᴍᴏʀᴇ ᴀɴᴅ ʙᴇᴛᴛᴇʀ ɢᴏᴏᴅꜱ ᴀɴᴅ ꜱᴇʀᴠɪᴄᴇꜱ, ᴡʜɪᴄʜ ɪꜱ ᴡʜᴀᴛ ᴘʀᴏꜱᴘᴇʀɪᴛʏ ᴅᴇᴘᴇɴᴅꜱ ᴏɴ.
Explanation:
ᴍᴀɢᴀɴᴅᴀɴɢ ᴛᴀɴɢʜᴀʟɪ ꜱᴀ ᴀᴛɪɴɢ ʟᴀʜᴀᴛ!!!
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Why do you think that decorum and business etiquette play as essential components of business ethics and social responsibility
Proper decorum and good business etiquettes are essential components of business ethics and social responsibility because they:
Create a professional atmosphereImprove communicationMake a workplace productiveEnhance workers' respect and dignityImprove customer and suppliers relationships.What are business ethics and social responsibility?Business ethics deal with the appropriate business policies and practices that ensure the observance of ethical principles. They ensure that moral or ethical problems do not arise in a business environment.
Social responsibility refers to the cooperation that should exist among individuals and organizations for the benefit of the community.
Thus, Proper decorum and good business etiquettes remain essential components of business ethics and social responsibility.
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The four utilities offered to consumers through retailing are:.
If the real exchange rate for the dollar is above the equilibrium level, the quantity of dollars supplied in the market for foreign-currency exchange is:.
The quantity of dollars supplied in the market for foreign-currency exchange is: less than the quantity demanded and the dollar will appreciate.
What is equilibrium level?Equilibruim level can be defined as the level at which supply equal demand.
In a situation where equilibrium level is a above the real exchange rate this means that dollar will appreciate in the foreign exchange market as the amount of dollars will be lower that the quantity demanded.
Therefore the quantity of dollars supplied is less than the quantity demanded and the dollar will appreciate.
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If a property appreciated 2% in the past year, how much would the property be worth today if it was valued at $220,000 a year ago
The value of the property today after it has appreciated in value is $224,400.
What is the value of the property today?
When a property appreciates in value, it means that it becomes more valuable to own the property. The property becomes more expensive when it appreciates.
Value of the property = (1 + appreciation) x initial alue
1.02 x $220,000 = $224,400.
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The phenomena that the variability in order quantities tend to increase as you proceed upstream in the supply chain is referred to as the:.
Answer:
Bullwhip effect
Explanation:
Roberta, a customer service manager, tracks monthly complaints and has been trying over the past six months to reduce complaints to less than 1 percent through additional training for her staff. She is engaged in
Assuming he is trying over the past six months to reduce complaints to less than 1 percent. She is engaged in controlling.
What is controlling?Controlling can be deifned as the process of managing and supervising a person performance so as to ensure that the set goals are achieved.
Based on the given scenario Roberta is using control method to reduce the complaint she is receiving by trainning her staff and to ensure that the company goals and objectives are achieved.
Therefore she is engaged in controlling.
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In a Cournot oligopoly with N-number of firms and identical marginal costs, if the number of firms decreases because firms exit, we know that the markup of price over cost will Group of answer choices increase. decrease. stay the same. unknown for lack of other information.
If the number of firms in a Cournot oligopoly decreases because firms exit the market, the markup over price will most likely stay the same.
What would happen to the price if firms exited a Cournot oligopoly?If firms exited the Cournot oligopoly, and the number of firms decreased, the remaining firms will increase their production levels to get to the previous levels.
This will mean that the price in the market will not change because the quantity supplied will remain the same.
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Barbara has $70.00 in her pocket and a $20 gift card. Which purchase will she be able to make without having to use her credit card?
A a portable radio for $65.95 and speakers for $29.99
B five books for $18.95 each
C headphones for $25.99 and eight CDs for 8.99 each
D six puzzles for $11.99 each and a board game for $15.89
edeg 2022
The answer is: six puzzles for $11.99 each and a board game for $15.89
The amount of money that Barbara has: $ 70.00
The amount of Gift Card that barbara has: $ 20.00
This mean that maximum amount of product that Barbara could purchase: $ 70 + $ 20 = $ 90
From the option above the only purchase that is not surpassing $ 90 is six puzzles for $11.99 each and a board game for $15.89
6 x $ 11. 99 = $ 71.94
1 x $ 15.89 = $. 15.89
Total purchase = $ 87.83
The North American Free Trade Agreement (NAFTA) was created by: A. Third world countries B. Core nation countries C. Middle-income countries D. Asian and American countries
The North American Free Trade Agreement (NAFTA) was created by the Core nation countries.
What is the aim of NAFTA?The trade agreement was created to reduce all form of tariffs on imports and exports between the U.S., Mexico, and Canada
The main goal of the trade agreement was to encourage free trade among themselves.
Therefore, the Option B is correct.
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How many dollars would it cost to buy an edinburgh woolen mill sweater costing 50 british pounds if the exchange rate is 1.50 dollars per one british pound
The amount of dollars that it would cost to buy an edinburgh sweaters if the exchange rate is 1.50 dollars per one british pound is: $75.
Dollar amount to buy an buy an edinburgh woolen millUsing this formula
Dollar amount=Cost of woolen mill sweater×Exchange rate
Where:
Cost of woolen mill sweater=50 pounds
Exchange rate=1.50 dollars
Let plug in the formula
Dollar amount=50×$1.50
Dollar amount=$75
Inconclusion the amount of dollars that it would cost to buy an edinburgh woolen mill sweater is $75.
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Because there is no provision for long-term care in the United States, ________ has become the de facto program financing nursing home residents when they have exhausted their savings. Group of answer choices Social Security Medicare Medicaid the Affordable Care Act
Medicaid has become the de facto program financing nursing home residents when they have exhausted their savings.
What is medicaid?Medicaid can be defined as an health insurance coverage that help to cover the medical expenses of those people that earn low income or people that cannot afford medical care.
For a person to be quailfied or for a person to be a beneficiary of Medicaid such individual must be resident of the state under which they receive medicaid.
Therefore Medicaid has become the de facto program financing nursing home residents when they have exhausted their savings.
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What does the phrase internalizing an external cost mean?.
Answer:
It means, "forcing producers to factor into their production costs the cost of the externalities created in the production of their output."
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What were the economic consequences of apartheid in south africa? check all that apply. black citizens had a very low standard of living. wages remained low for most white citizens. black citizens could not own private property. the economy had a stagnant growth rate. the government had a low level of debt.
The economic consequences of apartheid in South Africa were like that the black citizens had a very low standard of living, Black citizens could not own private property. The economy had a stagnant growth rate.
Option A, C, and D are correct.
What was the consequence on the South Africa's economy ?In South Africa, black people were oppressed primarily because of their skin color.
Owning a landed property, getting a good education, and landing excellent jobs were all challenging for black South Africans.
The government, on the other hand, worked hard to improve the economic situation of impoverished whites at the period.
The apartheid economy, according to Terence Moll's analysis, “failed.”
His research shows that apartheid in South Africa caused and perpetuated poverty for the majority of the country's history.
Therefore, option A, C, and D are correct.
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The economic consequences of apartheid in South Africa were significant and had a profound impact on various aspects of society. Some of the consequences include: 1. Black citizens had a very low standard of living, 2. Wages remained low for most white citizens, 3. Black citizens could not own private property, 4. The economy had a stagnant growth rate
1. Black citizens had a very low standard of living: Under apartheid, the black population was subjected to discriminatory policies that limited their access to education, healthcare, and employment opportunities. This resulted in a significant wealth and income gap between black and white citizens, with black citizens generally experiencing lower living standards.
2. Wages remained low for most white citizens: While wages for white citizens were generally higher than those for black citizens, it is important to note that the majority of white citizens did not experience substantial economic improvements either. The apartheid regime aimed to maintain a system that benefited a small white elite, while the majority of white citizens also faced economic challenges.
3. Black citizens could not own private property: Apartheid policies restricted black citizens from owning land or property in certain areas designated for white citizens. This led to limited economic opportunities for black citizens, as property ownership is often an important avenue for wealth creation and economic advancement.
4. The economy had a stagnant growth rate: The discriminatory policies of apartheid, including the segregation of resources and the denial of opportunities to the majority of the population, contributed to a stagnant growth rate in the South African economy. The exclusion of black citizens from the formal economy and limited investment in infrastructure and industries hindered economic progress and development.
It is important to note that the consequences of apartheid extended beyond these four points, impacting various aspects of society, including education, healthcare, and social mobility. The legacy of apartheid continues to shape South Africa's economic landscape today, as efforts are made to address past injustices and promote inclusive growth.
Therefore the correct option is 1. Black citizens had a very low standard of living, 2. Wages remained low for most white citizens, 3. Black citizens could not own private property, 4. The economy had a stagnant growth rate
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Hi!
1) What is contrct of partnership deed ?
Answer:
Partnership Deed
Explanation:
A Partnership Agreement is a contract between two or more business partners. The partners use the agreement to outline their rights responsibilities, and profit and loss distribution. The agreement also sets the general partnership rules, like withdrawals, capital contributions, and financial reporting.
The fact that a particular advertisement might not cause a consumer to make an immediate purchase is referred to as:.
If there is a scenario where an advertisement will not cause a consumer to immediately purchase the good, this is the lagged effect.
What is the lagged effect?As the term suggests, it refers to an effect of advertising that is not immediately noticed on the consumer.
This means that the consumer might not immediately make a purchase after they see an advertisement, but they will still make a purchase at a later date thanks to that advert they saw remaining in their minds.
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Assume that labor and capital are the only two inputs a perfectly competitive firm uses to produce wheat. The firm hires its inputs in perfectly competitive input markets. The unit price of labor is $8 and of capital is $20. When the firm employs the profit-maximizing combination of these two inputs, the marginal product of labor is 2 tons of wheat and of capital is 5 tons of wheat. The price of wheat per ton must be
The price of wheat per ton must be $4 when profit-maximizing combination is employed.
What is Price?This is defined as the amount of money that has to be paid to acquire a given product.
To get the price per ton for the company to make profit, we find the ratio of the unit price of labor to the marginal product of labor.
$8 / $2 = $4.
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Nike works to ensure that all of its print and media advertisements are consistent with what the company is advertising in regard to footwear, clothing, and accessories. Nike is utilizing _______ to ensure this.
If Nike works to ensure that all of its media advertisements are consistent. Nike is utilizing integrated marketing communication (IMC) to ensure this.
What integrated marketing communication (IMC)?Integrated marketing communication (IMC) can be defined as the process in which a company or an orgainzation tend to ensure that their brand advertisement is consistent and unify with what they produced.
Integrated marketing communication is important as it is a form of brand promotion and sales promotion.
Therefore Nike is utilizing integrated marketing communication (IMC) to ensure this.
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The coordination of promotion and other marketing efforts for maximum informational and persuasive impact defines Group of answer choices tactile communication. integrated marketing communications. proxemic communication. communication. kinesic communication.
The coordination of promotion for maximum informational and persuasive impact defines: Integrated marketing communications.
What is Integrated marketing communications?Integrated marketing communications can be defined as the way in which brands or product promotional activities are effectively managed and coordinated.
This promotional activities includes:
Sales promotionBrands promotionMedia advertisementDirect marketing etcTherefore the coordination of promotion for maximum informational and persuasive impact defines: Integrated marketing communications.
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A number of accidents on the job leading towards disability involve the.
From research it has been discovered that a number of accidents on the job leading towards disability involve the hands.
What are job accidents?
These are the accidents that arise in the work place. These accidents are known to take place due to faults of the operator or the machines that are being operated.
Most of these types of accidents are caused by the hands of the operator who is at work.
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When you're finished using your Go ogle account, what should you do to help keep your information secure?
A. Reset your password.
B. Create a new username.
C. Send an e-mail.
D. Sign out.
Answer:
this is a very st upid question but i would say its D
Explanation:
A does make sense somehow but i dont think you would reset your password everytime you using go ogle
i dont know why B should help at all
C makes no sense at all
When you're finished using your Go-ogle account, you should always sign out to keep your information secure. Thus, option 'D' is the correct option.
How to keep your Go-ogle account safe?Go-ogle uses the strictest security measures to protect your personal data. The Advanced Protection Program protects individuals with sensitive information and high visibility from deliberate online assaults. Chrome's Safe Browsing shields 4 billion devices from dangerous websites, while Advanced Protection does even more thorough checks before each download. It alerts you to potentially hazardous files and may even stop you from downloading them.
Installations of apps are only permitted from trusted shops, such as the app store run by the company that makes your device. You are frequently prompted to grant access to your Go=ogle Account data, such as your contacts, location, or Drive, when you join up for new apps or services. Go=ogle Accounts have built-in security features that verify more than 1 billion stored passwords daily for breaches.
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Which financial statement tells you the value of the assets the company owns and the liabilities a company owes?.
Answer:
Balance Sheet
Explanation:
The balance sheet is a financial statement that shows a companies assets, liabilities, and shareholder equity.
Sayre enterprises has a defined-benefit pension plan covering its 50 employees. in 2020, an amendment to the pension benefits caused an increase of $2,400,000 to the projected benefit obligation. sayre expects 20% of their employees to retire or quit at the end of each of the next 5 years. assuming that sayre uses the years-of-service method of amortization for prior service cost, what amount should they report as amortization of prior service cost in year one of the amendment?
Assuming the employee quit at the end of each of the next 5 years. The amount they should report as amortization of prior service cost in year one of the amendment is $800,000.
Amortization of prior service costFirst step is to calculate the number of employee for 5 years
Employee=50 + 40 + 30 + 20 + 10
Employee= 150
Now let calculate Amortization of prior service cost
Amortization of prior service cost=($2,400,000 ÷ 150 employee)×50 Employee
Amortization of prior service cost=$16,000×50 employee
Amortization of prior service cost=$800,000
Inconclusion the amount they should report as amortization of prior service cost in year one of the amendment is $800,000.
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Ahmir agrees to purchase a shipment of oriental rugs from oriental rug company for the price of $50,000, to be delivered on august 15. on july 15, ahmir notifies oriental that he no longer wants to purchase the rugs. oriental spends $1,000 to advertise the rugs and obtains a new purchaser who buys the rugs for $40,000. oriental then sues ahmir for breach of contract. if oriental is successful in its breach of contract suit against ahmir, oriental may receive:
Assuming a new purchaser who buys the rugs for $40,000. if oriental is successful in its breach of contract suit against ahmir, oriental may receive: $11,000 from Ahmir.
Breach of contractUsing this formula
Amount to received from Ahmir=Initial price+Cost of advertisement -new selling price
Where:
Initial price=$50,000
Cost of advertisement=$1,000
New selling price=$40,000
Let plug in the formula
Amount to received from Ahmir=$50,000+$1,000-$40,000
Amount to received from Ahmir=$11,000
Inconclusion if oriental is successful in its breach of contract suit against ahmir, oriental may receive: $11,000 from Ahmir.
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A liability for cash dividends is recorded: Multiple Choice When cumulative preferred stock is sold. On the date of declaration. On the date of record. On the date of payment. For dividends in arrears on cumulative preferred stock.
A liability for cash dividends is recorded either on the:
date of declarationdate of recorddate of payment. Where are liability for cash dividends recorded?When the dividend is declared, the company will records a liability to shareholders in the dividends payable account.
Hence, these liability are recorded on the financial records and reported on the corporation's balance sheet.
Therefore, the Option B, C and D is correct.
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True or false: keynes' law best applies to short time horizons that see fluctuations in total demand.
It is a true statement that the Keynes law best applies to short time horizons which see fluctuations in total demand.
What is the Keynes law?The Keynesian economic model is developed to adovate an increased government expenditures (spending) and lowering of taxes for stimulation of demand for getting an economy out of the depression.
The law of Keynesian model states that demand creates its own supply and any changes in aggregate demand will cause changes in real GDP and employment.
In conclusion, the statement that Keynes law best applies to short time horizons which see fluctuations in total demand is true.
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Your business paid $10.000 for a one year retainer to a law firm. How much should be expensed via worksheet adjustments each month?
1. $1,000
2. $833.33
3. $10,000
4. It shouldn’t be adjusted
define organic farming?
any 4 advantage of terrace farming?
Explanation:
Terrace farming ensures food security and increases crop yield by water and soil conservation. Thus it reduces soil erosion. In terrace farming, the interaction between water and fertilizer increase
Organic farming is agriculture that makes healthy food, healthy soils, healthy plants, and healthy environments a priority, along with crop productivity
AnswerAdvantages of terrace farming...
Helps to reduce soil erosion for farming .
It's helpful for tea plantation much because its used specifialy in hilly area
Explanation: