The process of hiring an external provider to do the work that was previously done internally is referred to as
Julio is devising a marketing plan for introducing his company's products into a new market. julio comes up with customized marketing strategies that cater to the unique needs of the new market. all his decisions involve risk and uncertainty as he is unaware of the conditions in the new market. the type of decision being made by julio in the above situation is called a _____ decision.
Julio is devising a marketing plan for introducing his company's products into a new market. Julio comes up with customized marketing strategies that cater to the unique needs of the new market. all his decisions involve risk and uncertainty as he is unaware of the conditions in the new market. The type of decision being made by Julio in the above situation is called a non-programmed decision. Non-programmed decision deals with risk and uncertainty. It is also complex and unstructured.
An entity that buys goods and sells them to consumers at a markup is a ________.
Final answer:
A retailer is an entity that purchases goods and sells them to consumers at a markup, influencing the market's equilibrium price to attract consumers with perceived 'good deals'.
Explanation:
An entity that buys goods and sells them to consumers at a markup is known as a retailer. The process involves purchasing products wholesale from manufacturers or distributors, then increasing the price to make a profit when selling to customers. Retailers play a critical role in the market, facilitating the movement of goods from suppliers to the end consumers, and are part of the broader concept of supply and demand. They often influence the equilibrium price of goods by adjusting their pricing strategies based on consumer interest and competition, striving to provide products at prices consumers perceive as 'good deals,' enhancing customer satisfaction and loyalty.
Non-gaap earnings: multiple choice could be considered management's view of permanent earnings. are needed for the correction of errors. are standardized under generally accepted accounting principles are useful to compare two different firms' performance.
Hutch technology makes computer monitors, which sell for $500 each. what is the opportunity cost of producing ten monitors?
The answer to the
question is:
"The opportunity
cost of producing ten monitors is the other goods that could be produced
with the resources that produce the ten monitors."
Opportunity cost
means the profit or benefit someone might have gained but did not because
he/she chose another way to do the business.
If the annual inflation rate is 5 percent a year, about how many years will it take for the price level to double?
When was the word integer introduced?
Le maillot jaune, inc., is a sports clothing retailer incorporated in france. if it transacts business in chicago, le maillot jaune, inc. would be characterized as
A grocery store sells grapes for 1.99 per pound you buy 2.34 pounds of the grapes how much do you pay
In this scenario, the total cost of buying 2.34 pounds of grapes at $1.99 per pound is $4.66.
Explanation:The student is buying 2.34 pounds of grapes which are priced at $1.99 per pound. To find the total cost, multiply the weight of the grapes by the price per pound, in this case, 2.34 pounds times $1.99 per pound. This gives a total cost of $4.66.
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When a company invests in a foreign firm and holds active ownership of the firm, then the company is said to be in a joint venture with the foreign firm.
a. True
b. False?
When external benefits are significant: market output is too high. market output is too low. market output is at the efficient level. social surplus is maximized?
The price of a product has dropped greatly, and store owners do not have enough of the item to meet demand.
What are two ways to get the most out of nonrenewable resources?
Government attempts to prohibit monopolization of a market are known as __________.
In the u.s. surgeons earn a median salary of $365,885, which puts them at the ________ of all income.
a. middle 20 percent
b. bottom 20 percent
c. top 20 percent
d. top 40 percent
Dallas is the manager of a manufacturing company. dallas's approach is to break down assembly workers' jobs into a series of elementary tasks, determine the best way to perform those jobs, and then train workers accordingly. his approach is consistent with the principles of
What are the two most important variables for determining resource allocation?
When setting prices, the company also must consider other factors in its external environment. how will _______ react to various prices? the company should set prices that will allow these people to receive a fair profit?
From society's perspective, in the presence of a demand-side market failure, the last unit of a good produced typically:
Wesley is a manager in an organization where a great deal of interaction is required between himself and his workers and new problems arise frequently. wesley is likely to have
Eileen is considering assignments, training programs, and development opportunities that she will need in preparation for being a general manager in the future. eileen is in the:
Eileen is in the development phase in terms of her career development. The development phase is where the person is starting and learning to develop the activities that he or she is involved in—in a way to show the person strengths and achieve things with the use of their performance.
Given that approximately 85 million americans have a lawn, and that the average lawn size is 0.08 ha how much total land area is composed of lawns in the united states?
Given:
A - The number of Americans who have lawns = 85 million
B - The average lawn area of each American with lawn (in ha) = .08
X - The total land area in the United States composed of lawn (in ha)
Solution:
X= A*B
X=85,000,000*.08
X=6, 800,000 or 6.8 million
Obtaining commitment from _____ is critical for diversity programs to succeed so that other parties in the organization will take it seriously.
What product is likely to have the most elastic demand?
a.bananas
b.gasoline
c.insulin?
The banana is the product that is most likely to have the most elastic demand among others.
What is an elastic demand?This is a demand that is influenced by the price of a good or service which affects consumer demand
Hence, the banana have the most elastic demand among others because it can be do without.
Therefore, the Option A is correct.
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George works in a factory and is a member of the labor union. He thinks his wages are low for the work that he does, so he tells the union representative that his employer should increase his wages. The representative asks the other workers if they feel the same, and they all agree. The following week, the union representative met with the factory owner regarding an increase in wages, and the employer agreed to it. What strategy did the union use to get the owner to agree to increase wages?
individual bargaining
threaten to go on a strike
collective bargaining
threaten to quit their jobs
filing a petition to the government
Answer:
Collective Bargaining
Explanation:
4-16. joyce and marvin run a day care for preschoolers. they are trying to decide what to feed the children for lunches. they would like to keep their costs down, but also need
Balancing cost with quality can be achieved by buying in bulk, preparing meals in-house, meal planning, and using seasonal and local produce. However, the meals should still be nutritious and appropriate for the children's age group.
Explanation:Joyce and Marvin, who run a preschool day care, are in a typical predicament that most businesses face - balancing cost with quality. To keep their costs down while still providing nutritious meals for the children, they could look into buying food items in bulk, which usually comes at a discounted rate. Additionally, preparing meals in-house rather than ordering from a caterer could be another way to reduce costs. Meal planning in advance could help in buying only what is needed, hence, minimizing waste. Using seasonal and local produce is not only more affordable but also offers variety and freshness to the meals. At the same time, it's essential for them to ensure that the meals are nutritious and appropriate for the age group, as these are preschool children.
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2 a food pyramid consists of 10 million calories' worth of diatoms. how much of this is passed on to third level consumers, such as large fishes?
If a food pyramid consists of 10 million calories' worth of diatoms, then 10 thousand calories will be passed on to third-level consumers, such as large fish.
What is a food pyramid?A food pyramid refers to a representation of the optimal number of servings to be eaten each day from each of the basic food groups. The first pyramid was published in Sweden in 1974. The 1992 pyramid introduced by the United States Department of Agriculture (USDA) was called the Food Guide Pyramid or Eating Right Pyramid. It was updated in 2005 to My Pyramid, and then it was replaced by My Plate in 2011.
The World Health Organization, in conjunction with the Food and Agriculture Organization, published guidelines that can be effectively represented in a food pyramid relating to objectives to prevent obesity, improper nutrition, chronic diseases and dental caries based on meta-analysis though they represent it as a table rather than as a pyramid.
The structure is similar in some respects to the USDA food pyramid, but there are clear distinctions between them.
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Refer to exhibit 7-3. what is the average total cost of producing 60 units of output?
When constructing a responsibility matrix or "raci" chart, it is important to ensure that only one person has primary accountability for any activity?
During world war i, the supreme court upheld the espionage act by ruling that congress has a right to restrict speech that __________.