Final answer:
The question requires the application of principles of probability and statistics to calculate probabilities using the binomial distribution, given a freshman retention rate and a sample size.
Explanation:
The question involves basic concepts of probability and statistics, specifically focusing on the calculation and interpretation of the binomial distribution. When dealing with a national average proportion of college freshmen returning for their sophomore year (0.73) and examining a sample size of 400, a student can use the binomial distribution to calculate various probabilities. For example, one could calculate the probability exactly 292 out of the 400 freshmen return (since 0.73 multiplied by 400 equals 292), or find the probability that more or less than this number return.
Additionally, using a large sample size allows one to approximate the binomial distribution with a normal distribution, simplifying calculations and making it possible to apply various statistical methods such as confidence intervals or hypothesis tests to assess college retention rates or related research questions.
Todd mcfarlane describes why retailers should carry his collectible items over and above his competitors' products. from a strategy viewpoint, what mcfarlane is describing here is his company's
He is describing his company’s competitive advantage. This is the capability of an organization to produce goods or services more successfully than its competitors, by this means outperforming them. It also allow a company or country to produce a product or service at a lower price. These conditions let the productive entity to produce more sales or larger margins than its competition.
To keep an organization free of the mum effect, it is necessary to
"cultures around the world are becoming increasingly similar, so companies should standardize both their products and global marketing efforts." do you agree or disagree with this reasoning? why? are there certain industries for which it might be more or less true?
Final answer:
While cultural homogenization is a trend, companies should not completely standardize products and marketing globally due to persisting cultural differences. It is advised that companies understand local consumer behavior and culture, with 'think global, act local' being an essential strategy. The feasibility of standardization may also depend on whether the industry caters to culturally specific tastes.
Explanation:
The topic of whether companies should standardize their products and global marketing efforts in the face of growing cultural homogenization is multifaceted. While there are indeed signs of cultural convergence, such as the spread of capitalism and prevalence of transnational corporations like McDonald's, Coca-Cola, and Nike, it would be over-simplistic and potentially unprofitable to assume a one-size-fits-all approach in global business strategies.
According to de Mooij (2000, 2004b, 2005), economic similarities do not erase deep-seated cultural differences that influence consumer behavior. Therefore, the concept of 'think global, act local' encapsulates the strategy of recognizing and adhering to local preferences and culture even within a global framework.
This emphasizes the importance of understanding local consumer behavior and societal values which may differ significantly from one region to another, thus affecting buying motives and the potential success of standardized marketing efforts and product offerings.
Industries that cater directly to cultural tastes, such as food, entertainment, and fashion, might find it more challenging to standardize globally. Contrarily, industries involving products or services that are more universally needed or that do not vary significantly with culture, like technology or pharmaceuticals, may be better positioned to standardize both products and marketing.
Calculate the net price of goods listing for $9,900 less a trade discount rate of 2 3 % 8 to the nearest cent.
Answer:
9664.875 ~ 9664.88
Explanation:
2 and 3/8 = 19/8
(19/8)/100 *9900 = 235.125
9900 - 235.125 = 9664.88
Richard donates publicly traded gold company stock with a basis of $1,000 and a fair market value of $15,000 to the college he attended, which is considered a public charity. richard has owned the shares for 10 years. how is this contribution treated on richard's tax return?
Final answer:
Richard can claim a charitable contribution deduction for the full fair market value of the donated stock ($15,000) on his tax return. He avoids paying capital gains tax on the stock's appreciation, which can lead to substantial tax savings depending on his tax bracket.
Explanation:
When Richard donates publicly traded gold company stock with a basis of $1,000 and a fair market value of $15,000 to a public charity such as the college he attended, the contribution is treated favorably on his tax return. Since Richard has owned the shares for more than one year, this donation is considered a long-term capital gain property. Richard can claim a charitable contribution deduction for the fair market value of the stock at the time of donation, which is $15,000, rather than the amount he originally paid for the stock.
Furthermore, Richard does not have to pay capital gains tax on the $14,000 increase in the value of the stock (which is the difference between the fair market value and his basis in the stock). Typically, if he sold the stock himself, he would be liable for capital gains tax on the appreciation. However, by donating the stock directly to a charity, the tax burden related to the appreciation is avoided completely. Moreover, dollars given to charity reduce the donor's taxable income and, depending on Richard's tax bracket, this could result in substantial tax savings.
A small italian grocery store sells five varieties of feta cheese. it offers bulgarian, french, danish, greek, and one that is processed and sold from tillamook, oregon. the domestic variety sells for $1.99/pound, while all the others sell for more than $2.99/pound, and the greek variety is priced at $6.99/pound. the domestic variety is much cheaper because:
The domestic feta cheese is cheaper due to factors like lower transportation costs and no import tariffs, unlike imported varieties that can have added costs from import quotas and international shipping. These market dynamics influence the pricing differences.
The domestic variety of feta cheese, which is from Tillamook, Oregon, sells for much cheaper, $1.99 per pound, compared to the other varieties like Bulgarian, French, Danish, and Greek feta, which all sell for more than $2.99 per pound, with Greek feta being priced at $6.99 per pound. The more affordable price of the domestic feta can be due to several factors such as lower transportation costs, lack of import tariffs, and possibly economies of scale if it's produced in higher quantities. In contrast, imported cheeses often have additional costs such as import quotas, tariffs, international shipping, and may reflect the cheese's reputation or unique flavors from its region of origin.
For example, in the case of Canadian cheese import quotas, these were set to protect domestic suppliers and have resulted in considerable higher prices for imported cheeses due to tariffs. This situation mirrors the impact of economic policies and market dynamics on the pricing of domestic versus imported goods, like feta cheese in the Italian grocery store.
On august 31 of the current year, harvey co. decided to change from the fifo periodic inventory system to the weighted-average periodic inventory system. harvey uses u.s. gaap, is on a calendar year basis, and does not present comparative financial statements. the cumulative effect of the change is determined:
Johnson is hired by a company to see if a new product, topocal, will cause hair to grow on the heads of bald men. he recruits one thousand bald men, and randomly divides them into two groups: five hundred (group
a.rub topocal on their scalps each day; the other five hundred (group
b.rub a standard skin lotion on their scalps each day. after two months, johnson checks to see what the results have been. he finds that there has been hair growth in 7 percent of group a and in 2 percent of group
b.
what is the sample?
A decrease in the required reserve ratio __________ the money supply; an open market purchase __________ the money supply.
Based on the information in table 3-2 what is enigma's cash flow from operations
1. Which of these jobs in a behind-the-scenes transportation job?
a. Airline Pilot
b. Delivery Truck Driver
c. Taxi Driver
d. Truck Dispatcher
2. Which career field involves the design, manufacture, and use of various types of machinery, technology, and buildings?
a. engineering
b. math
c. science
d. technology
3. Which of the following defines and agribusiness?
a. A career field based on packaging foods
b. A career field based on selling food items
c. A career field that analyzes how people spend their money on food
d. A career field that deals with managing the food supply system
Tijuana, mexico is across the border from san diego, california. it has become a world-leading producer and exporter of television sets and computer monitors, which it assembles in modern factories owned by multinational consumer electronics firms such as sony. initially, these electronics were produced in the industrialized countries of their parent companies, and after several years, the production moved to tiajuana. this is an example of
Suppose bundle a contains 5 cds and 5 dvds and bundle b contains 88 cds and 33 dvds. if a consumer is able to rank different combinations of goods and services in terms of how much utility they provide, then
Customer service research shows that ____ of customers defect from a company because they were treated with an attitude of indifference.
Be sure to answer all parts you have available 2,2−dimethylcyclopentanol (a) and 2−bromo−1,1−dimethylcyclopentane (b) and wish to prepare 3,3−dimethylcyclopentene (c). which would you choose as the more suitable reactant, a or b, and with what would you treat it?
The more suitable is 2-bromo-2, 1-dimethylcyclopentane. The reasons are 1) The reaction should be done with a strong base like NaOC_2H_5, CH_3CH_2OH so that the reaction follows the E2 pathway. If it follows the E1 elimination, then rearrangement may occur, leading to a mixture of products. 2) 2,2-dimethylcyclopenthanol is not suitable at all. In presence of H_2SO_4, or KHSO_4, it forms a carbocation. Subsequently, -CH_3 migration would take place leading to a more stable 3 degree carbocation. Therefore, the nature of the product would be changed.
General motors’ stand against apartheid in south africa was based upon what came to be known as _____. the human rights movement the sullivan principles cultural relativism the international principles
Which acquisition plan component should be deferred until a purchase request is received?
If her adjusted gross income (all from wages) for the year is $18,500, calculate clarita's child and dependent care credit for 2016.
If her adjusted gross income (all from wages) for the year is $18,500, calculate clarita's child and dependent care credit for 2016.
The chain of command is also known as the
The chain of command, or hierarchical structure, is a term used in a business context to describe the organization's structure of authority. It starts from the top level of management and goes down to each employee at the bottom level, clarifying who reports to whom.
Explanation:The chain of command in a business context is also often referred to as the hierarchical structure of an organization. It describes the arrangement of lines of authority, communications, rights and duties of an organization. It flows from highest to lowest level in the organization, starting from the top level management to every employee at the bottom level. The chain of command clarifies who reports to whom within the organization. For example, a typical chain of command may start with the CEO at the top, followed by other high-level executives, middle managers, and lastly, the employees supervised by those managers.
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Trenton financial wanted its sales reps to share information and leads with each other to improve team performance but offered individual incentives for the top sales people. not surprisingly, no one shared any information. what should trenton financial have done
With few exceptions, marketing as a healthcare organizational function did not exist prior to the _____.
A demand curve for the steel porcupines' concert tickets would show the:
a. number of tickets that will be purchased at various prices.
b. quality of people who want to buy these concert tickets.
c. number of people who need tickets.
d. number of tickets the box office is willing to sell at various prices.
The demand curve for steel porcupines' concert tickets illustrates the number of tickets that will be purchased at varying prices, representing the relationship between price and consumer purchasing quantities.
A demand curve for the steel porcupines' concert tickets would show the number of tickets that will be purchased at various prices. This is because a demand curve reflects the relationship between the price of a commodity and how much of it consumers are willing and able to purchase at that particular price. The concept of price elasticity of demand is also linked to a demand curve, where it depicts how changes in price can influence the quantity demanded and, thereby, affect total revenue.
Thus, the correct answer to the student's question is option (a): The demand curve would show the number of tickets that will be purchased at various prices.
Explain the importance of contracts when analyzing revenue arrangements.
Kunkel, applebaum, and nelson focus on which type of financial support for caregivers?
When you're writing email messages in the workplace, remember that business emails require a higher level of quality than personal emails. should never be shorter than one screen. do not need to be proofread for grammar and spelling errors. are the best medium for internal messages, regardless of their content. all of the above?
What are the disadvantages of using big macs to measure purchasing power parity? (check all that apply.)?
The Economist magazine in the year 1986, proposed a new index as an alternate measure for exchange rate. This new index studies the price of a Big Mac and compares them to calculate exchange rates. It was argued that McDonald was already established in many countries. Therefore, it can be used as a yardstick to compare the purchasing power of various countries. Hence, serves as a measure of purchasing power party. The main problem with this as that not everybody’s consumption basket includes Bug Macs. Rather, a fraction of the total population consumes it. Instead of representing a basket of diverse goods, it represents a basket consisting of a single commodity. As a result, Big Mac index will not reflect true cost of living.
The most attractive way to reduce or eliminate the impact of paying tariffs on pairs imported to a company's distribution warehouse in latin america is to
The most attractive way in reducing and eliminating the impact of paying tariffs on imported pairs to Latin America is by having to build a plant in which should be expanded when it is required and needed in the Latin America.
The most attractive way to reduce or eliminate the impact of paying tariffs on imports to a company's distribution warehouse in Latin America is to take advantage of free trade agreements.
Explanation:The most attractive way to reduce or eliminate the impact of paying tariffs on pairs imported to a company's distribution warehouse in Latin America is to take advantage of free trade agreements that may be in place.
Free trade agreements are agreements between countries that eliminate or reduce tariffs and other trade barriers. By importing goods from countries that have free trade agreements with Latin America, the company can avoid or pay lower tariffs on those goods.
For example, if there is a free trade agreement between Latin America and a country like the United States, the company can import pears from the United States without paying any tariffs. This can help reduce costs and make the company more competitive in the market.
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Tai credit corp. wants to earn an effective annual return on its consumer loans of 14.1 percent per year. the bank uses daily compounding on its loans. what interest rate is the bank required by law to report to potential borrower
For a given constant required rate of return, the greatest portion of a preferred stockholder's return comes from increases in the price of preferred stock.
a. True
b. False
When more corn is planted due to the higher demand from ethanol producers, both cattle ranchers and ethanol producers will end up buying more corn?
Corn is used for two purposes -
1. As feed for cattle.
2. As input in production of ethanol.
It has been stated that increase in demand from ethanol producers does not impact the demand made by cattle ranchers'.
Farmers would only respond with planting of more corn if they can get higher price.
So, it can be stated that higher demand from ethanol producers has raised the price of corn which in turn has induced the farmers to plant more corn.
However, as price of corn is rising, quantity demanded by cattle ranchers' will decline.
So, when more corn is planted due to higher demand from ethanol producers, only ethanol producers end up buying more corn while cattle ranchers' witness a decline in their purchase of corn.
In other words, cattle ranchers' will end up buying less.
So, the given statement is False.