Case: Product Use Testing for New Consumer Nondurables19 In the competitive consumer nondurables market, new products seem to be launched all the time. Failure rates tend to be on the high side, mostly because the manufactur-ers often try out several products, see what "sticks," and prune out the rest. Neverthe-less, with careful product use testing, one can identify potential problems with the product and seek to correct them before a costly launch mistake is made.
Here are several new products that have been launched by some of the bigger-name packaged goods manufacturers. Few could really be called "new-to-the-world" prod-ucts, though all of them posed at least some risk to the manufacturer.
• Kellogg's Special K Plus: A Special K cereal brand extension with added calcium. The product is sold in a milk-carton-shaped box (a gable top) to reinforce the calcium idea. The package contains about the same amount of cereal as a stan-dard cereal box and is easily reclosed using a plastic seal to keep the product fresh. About $15 million is planned for the product launch.
• Coca-Cola Surge: Coca-Cola's response to Mountain Dew, Pepsi's popular drink aimed at active Generation Xers. Surge has a citrus flavor and is designed to compete for the extreme-sports segment against Mountain Dew and Gatorade, as well as other established soft drinks and sports drinks. A Norwegian launch (under the name "Urge") has already proven successful, and about $50 million is
slated for product commercialization
.• Uncle Ben's Rice with Calcium: Another familiar brand to which calcium was added, Uncle Ben's Rice with Calcium was supported by the American Dietetic Association. Exten-sive television and print advertising featuring Eloise the "spokes-cow" was planned.
• Avert Virucidal Tissues: Developed and marketed by Kimberly-Clark, this was essentially Kleenex treated with vitamin C derivatives that killed cold and flu germs if you used it when you sneezed or blew your nose.
• Wheaties Dunk-A-Ball Cereal: From the makers of Wheaties, General Mills. This was a sweetened corn-and-wheat cereal for kids, shaped like basketballs. Adver-tising noted that kids could "play with it before eating" and that it would be "available for a limited time only." Given that these products were all launched into highly competitive markets, time was of the essence in rolling them out. For the moment, however, the issue of product use testing is at hand.
Questions:
1. After reading this case, select one of the products listed in the case, or alternatively choose any recent consumer nondurable packaged good which underperformed in the market. (If you choose your own product, include a link.) Make specific recommendations on testing decisions such as: location, degree of supervision, etc. as listed in the text.
2. What do you think would be the biggest concerns, or unknowns, about each of these products that might be unearthed using product use testing? Using the list of product use testing decisions given in this chapter, make recommendations as to how some (or all) of these could have been product use tested prior to launch.

Amazon’s efforts to offer customers the option to return or purchase items in the physical world is a decision that most closely aligns with Physical Evidence.

This is because the retail marketing mix has seven elements.

These elements are usually known as the 7 Ps, including product, price, promotion, place, people, process, and physical evidence.

It is expected that the Physical Evidence should give the customers the sense of making a purchase.

This could be anything from collecting a physical receipt or having the opportunity to return a defective product.

The Physical Evidence gives the customers an impression of the value of what they purchase goods.

Hence, in this case, it is concluded that the correct answer is Physical Evidence.

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The yield to maturity for the Harrimon Industries bonds is approximately 4.92% when the current market price is $894, and approximately 6.78% when the current market price is $1,147.

To calculate the yield to maturity (YTM) of the bonds, we can use the formula:

YTM = (Annual Interest + ((Par Value - Current Price) / Years to Maturity)) / ((Par Value + Current Price) / 2)

For the first scenario with a current market price of $894, the annual interest is $1,000 * 9% = $90. Plugging in the values, we get:

YTM = ($90 + (($1,000 - $894) / 4)) / (($1,000 + $894) / 2) = 0.0492 or 4.92%

For the second scenario with a current market price of $1,147, the annual interest is still $90. Plugging in the values, we get:

YTM = ($90 + (($1,000 - $1,147) / 4)) / (($1,000 + $1,147) / 2) = 0.0678 or 6.78%

Therefore, the yield to maturity is approximately 4.92% for a current market price of $894 and approximately 6.78% for a current market price of $1,147.

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Answer:

Charity fund should be handled with care as it is donor's money which should be handled with care. The amount of charity should be spent for the actual cause.

Explanation:

Charity fund is the money which should be handled with great care. The major fund of the charity should be attribute to the main cause and there should be proper record maintenance for every penny spent. The charity fund is the responsibility of the management and any donor can ask anytime about the money spent.

The option not to comply with all presentation and disclosure requirements is not one of the optional exemptions provided by IFRS 1 for first-time adopters in preparing the opening balance sheet.

IFRS 1 provides optional exemptions to help first-time adopters in the transition process.

These exemptions include not adjusting the carrying amount of goodwill recognized under previous GAAP, not restating a business combination originally accounted for under the pooling method, not retrospectively applying IFRS 2 to stock options, and not recognizing any cumulative translation adjustment for foreign subsidiaries.

However, IFRS 1 does not provide an exemption from complying with all presentation and disclosure requirements. This means that first-time adopters must still follow the appropriate presentation and disclosure rules as outlined in the IFRS standards.

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Answer:

no por que. no se inglés ponlo en español

If the organisation cannot accommodate a promotion or permanent reassignment into a position that matches the individual's interest or skill set, job rotations can expose team members to roles and responsibilities on a periodic basis.

What do well-separated duties and job rotation mean?

By splitting the jobs among the personnel, separation of duties prohibits any one person or entity from being able to accomplish all the activities of a crucial or delicate procedure. Employees who are subject to job rotation policies are expected to switch roles frequently. By taking on new responsibilities, individuals develop their experience and abilities in a job rotation system. The purpose of rotations is to encourage adaptability, employee engagement, and retention.

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Answer:

D. Because it allows people to spot instances of internal control noncompliance

Explanation:

Rotating employees is generally good internal control because so long as the employees aren't colluding, a pair of fresh eyes may be able to catch mistakes or other issues that a previous employee made.

A broker has 15 sales agents in her firm. Sales agent #1 procures an exclusive right-to-sell listing agreement from a seller. The gency relationship here is b. broker is agent of seller;

For a commission when the sale is completed, a broker sets up transactions between buyers and sellers. A broker who also performs the roles of buyer or seller enters the transaction as the major party. Neither function should be mistaken with one that represents the main party in a transaction. There are 15 sales representatives working for a broker. An exclusive right to sell listing agreement is obtained from a seller by sales agent 1.

Broker is acting as seller's agent under the parties' agency agreement. In the given case, seller is broker's principal/client; sales agent 1 is an agent to the broker and is an agent for the seller through the broker; 14 other sales agents are agents for the broker and are also agents for the seller through the broker.

Complete Question:

A broker has 15 sales agents in her firm. Sales agent #1 procures an exclusive right to sell listing agreement from a seller. The agency relationship of the parties is

a. Broker is the only agent of the seller; seller is the principal/client of the Broker; All 15 sales agents are agents for the broker only and have no agency relationship to the seller.

b. broker is agent of seller; seller is principal/client of broker; sales agent #1 is agent to broker and by way of broker is agent for seller; the other 14 sales agents are agents for broker, and by way of broker, are also agents for seller.

c. sales agent #1 is the only agent of the seller; the other 14 sales agents have no agency relationship with the seller; the broker will conduct himself as an advisor to sales agent #1 only; seller is principal/client of sales agent #1 only.

d. broker and sales agent #1 are both the direct agents for the seller; seller is the principal/client of both the broker and sales agent #1; the other 14 sales agents have no relationship with the seller, but are agents for the broker/principal.

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Answer:

D. Graphic designer​

Explanation:

Graphic designers use visual arts such as images, words, and graphics to communicate with their audience. They may use hand or computer software to create captivating messages that inform, inspire, and attract customers' attention.

The objective of marketing is to make customers interested in the company's products. Graphic designers can use their talents to create charming visual arts to make customers want to buy a company's products. Graphic designers can be employed, but the majority work as independent contractors. Lisa has the skills to be a graphic designer. She can practice her talent as a self-employed individual.

Answer:

Graphic designer

Explanation:

I just did it

Mentoring is the process by which a more experienced employee guides and nurtures a newer, less experienced employee. The process of mentoring provides an opportunity for an experienced employee to share knowledge and skills with less experienced ones.

It is recommended that mentors should serve voluntarily and willingly without being required to do so. The process should be an opportunity for the mentor to develop their skills, and therefore it should be voluntary.

The process of mentoring should also be a two-way street, where both parties gain valuable experiences from one another.

At the start of the relationship, a specific length of time for the mentoring to last is established to help both parties prepare for the mentoring period.

The relationship should be nurtured and monitored by the manager, but the mentor should be free to take responsibility for the mentoring process.

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Answer and Explanation:

The Journal entry is shown below:-

1. Cash Dr, $15,000,000

      To Bonds payable $15,000,000

(Being issue of bonds is recorded)

2. Interest expense on bonds Dr, $675,000

        To cash $675,000 ($15,000,000 × 9% × 6 ÷ 12)

(Being payment of interest is recorded)

3. Bonds payable Dr, $15,000,000

       To Gain on redemption of bonds $600,000

       To Cash ($15,000,000 × 0.96) $14,400,000

(Being redemption on bonds is recorded)

If there is a scenario where an advertisement will not cause a consumer to immediately purchase the good, this 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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For an actual economy, total expenditures on goods and services by households do not equal GDP because GDP is the measure of the market value of all goods and services produced within a country's borders during a specific period.

It is the sum of private consumption, government spending, investments, and net exports.GDP measures the country's economic output, while total expenditures on goods and services by households measures the total spending of households on consumer goods and services. There are two ways to measure GDP, and both of them focus on the production of goods and services, not the spending of households.Firstly, GDP can be measured by adding up all the value of the goods and services produced in a country during a specific period. This is the output approach to measuring GDP. It involves measuring the market value of all goods and services produced within a country's borders during a specific period.

Secondly, GDP can be measured by adding up all the income earned by people and companies in a country during a specific period. This is the income approach to measuring GDP. It involves measuring the total income earned by households and companies in a country during a specific period.The expenditures approach, which focuses on the spending of households on goods and services, is not used to measure GDP. The reason is that it does not capture all the goods and services produced in a country during a specific period.

For instance, if a country produces goods and services that are not consumed by households, such as government services or investments, they will not be included in the expenditures approach to measuring GDP.In conclusion, total expenditures on goods and services by households do not equal GDP in an actual economy because GDP is the measure of the market value of all goods and services produced within a country's borders during a specific period, and not the spending of households on consumer goods and services.

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A) Disparate treatment refers to a form of discrimination in employment where individuals or a particular group of employees are treated differently based on their protected characteristics, such as race, gender, religion, or age.

It occurs when an employer intentionally treats employees or job applicants less favorably because of their protected status. For example, if an employer denies a promotion to a qualified female employee solely based on her gender while promoting a less qualified male colleague, it would be considered disparate treatment.

B) The most effective type of contingent pay plan in an organization with an involvement culture is one that promotes employee participation, engagement, and collaboration. In such a culture, a participatory contingent pay plan would work well, where employees are involved in the design and implementation of the plan.

This can include setting performance goals, determining the criteria for rewards, and evaluating individual or team performance. By involving employees in the process, it creates a sense of ownership, increases motivation, and fosters a positive work environment.

An example could be a profit-sharing plan where employees collectively share in the company's success based on their contributions and performance.

C) Effective feedback has several key features. Firstly, it should be specific and focused on the behavior or performance being addressed. It should provide clear examples and details to help the recipient understand what they did well or need to improve.

Secondly, it should be timely, given close to the time of the observed behavior or performance, so that it remains relevant and actionable. Thirdly, feedback should be balanced, providing both positive reinforcement for strengths and constructive criticism for areas of improvement.

This helps to maintain motivation and promote growth. Lastly, effective feedback should be delivered in a respectful and supportive manner, creating a safe space for open communication and learning.

D) The direct supervisor plays a crucial role in the creation of a developmental plan for an employee. They are responsible for assessing the employee's performance, identifying areas for improvement, and collaborating with the employee to set goals and development objectives.

The supervisor should provide guidance, resources, and support to help the employee achieve their developmental goals. They also monitor progress, provide ongoing feedback, and make adjustments to the plan as needed.

The supervisor acts as a mentor and coach, facilitating the employee's growth and career advancement. By actively engaging in the creation of a developmental plan, the supervisor contributes to the employee's professional development and overall success within the organization.

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Answer:

Explanation:

Opportunity cost is an economics tool that is useful in the process of making a choice of goods and services in order to ensure that scarce resources are used efficiently.

The opportunity cost of a product or service is the name given to an income that could be earned when such product or service is put to an alternative use.

It can also be described as the cost of the alternative forgone to achieve a particular product or service

For an example , if a student decides to give up on watching a movie to study for his exam , the opportunity cost of the exam is the cost and pleasure related to the movie

Two of a Lean-Agile Center of Excellence's duties are: To promote continuous progress, SAFe Communities of Practice should be promoted.

A focused group inside an organisation known as a Lean-Agile Center of Excellence is in charge of promoting and assisting in the adoption of Lean-Agile concepts, methods, and principles. A Lean-Agile Center of Excellence's main objective is to make sure that the firm can continuously enhance its business processes and produce better results. This entails assisting teams with coaching and direction, enabling the adoption of fresh approaches, and promoting an innovative and lifelong learning culture. A Lean-Agile Center of Excellence is also in charge of overseeing Inspect and Adapts events, supporting SAFe Communities of Practice, and organising Portfolio Level events. Organizations can increase their capacity to adjust to shifting market conditions, deliver value to consumers more successfully, and accomplish these goals by building a Lean-Agile Center of Excellence.

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The correct answer is d. taxes must increase to cover the external cost. When a negative externality is internalized, the producer or consumer responsible for the externality is made to pay the social cost of the activity.

In order to do this, taxes may be imposed to cover the cost of the external harm, thereby increasing the overall cost of production or consumption. This in turn can lead to less output being produced, as well as a larger deadweight loss. The level of pollution may also decrease, as firms may be incentivized to reduce their negative impact on the environment. However, this is not a cost of internalizing a negative externality.

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Based on the information in Reuters' article Analysis: Swiss central bank stands by as equities boom drives the franc, It can be explained as following.

(a) The equivalent of "sight deposits" in Switzerland for commercial banks' accounts at the Federal Reserve would be "reserve balances." Sight deposits are the balances that commercial banks hold at the central bank and can be withdrawn on demand. Similarly, reserve balances are the amounts that commercial banks in the United States hold at the Federal Reserve and can access on demand.

(b) Sight deposits tend to increase when the Swiss National Bank (SNB) steps up its currency market purchases to dampen the franc because the SNB creates new Swiss francs to purchase foreign currencies. As a result, commercial banks have more Swiss francs on their balance sheets, which are deposited as sight deposits at the SNB. This action increases the money supply and helps to lower the value of the Swiss franc relative to other currencies.

(c) The asset class found in the SNB international reserves portfolio that makes it different from other central banks is stocks (equities). While most central banks' international reserves consist of foreign currency deposits and sovereign bonds, the SNB also invests in equities. This diversified approach allows the SNB to achieve higher returns and maintain a more balanced portfolio.

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Because of the contemporary economic issues, what can happen to the investments made of the filipino entrepreneurs to their business are:

The contemporary issues that can have effect on the Filipino entrepreneur is the unavailable of the financing capital

It should be noted that one of the issue that the Filipino entrepreneurs are encountering today  is that they do not have full access to technology , and in today's world, technology is very important in every business.

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Answer:

it depends sometimes hahah

Explanation:

I mean sometimes they give you the right answer and sometimes not

Job enlargement is a process that involves adding more tasks and responsibilities to an employee's job description. This process is also known as horizontal job loading.

The purpose of job enlargement is to make a job more challenging and interesting for employees, while also increasing their level of job satisfaction. This can be achieved by increasing the number of tasks they perform, or by giving them more responsibility for a particular project or department. Job enlargement can also lead to an increase in employee productivity, as they are able to develop new skills and learn more about the company's operations. By offering employees a more diverse range of tasks and responsibilities, companies can create a more engaged and motivated workforce.

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The amount of net investment income tax that the taxpayer is required to pay is $231.

Net Investment Income Tax are generally imposed by the Internal Revenue on entities' net investment income.

Net investment income tax = ($6,150 - $75) * 3.8%

Net investment income tax = $6,050 * 3.8%

Net investment income tax = $231

In conclusion, the amount of net investment income tax that the taxpayer is required to pay is $231.

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Answer:

Speed

Explanation:

an advantage of the use of computers to maintain and compile accounting information is speed.

Answer: All of them

Explanation:

If utility costs $500 per month, ingredients cost $0.35 per loaf, C&A currently uses 5 workers. So, correct option is B.

To determine the number of workers that C&A currently employs, we need to use the labor productivity formula:

Labor productivity = Output / Input

In this case, the output is 1500 loaves per month, and the input is the total labor-hours worked. We know that each worker works 160 hours per month, so the total labor-hours worked can be calculated as:

Total labor-hours worked = Number of workers x Hours worked per worker per month

Let's assume that the number of workers is N, then:

Total labor-hours worked = N x 160

Now, we can substitute these values into the labor productivity formula and solve for N:

2.344 = 1500 / (N x 160)

N = 1500 / (2.344 x 160)

N = 4.85

Since we cannot have a fractional number of workers, we must round up to the nearest whole number. Therefore, C&A currently uses 5 workers.

So the answer is (B) 5.

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Answer:

Green computing

Explanation:

A company manufactures computer screens that utilize less electricity. green computing form of technology would this be classified as. The correct option is E.

Green technology lowers costs while improving product design, reducing waste, reducing our carbon footprint, and improving business efficiency. It also generates new jobs. A company creates computer screens with less electricity consumption.

Green computing also referred to as green technology, is the practice of using computers and other computing machinery in an environmentally and energy-friendly manner. Energy-efficient servers, peripherals, power systems, and central processing units (CPUs) are frequently used in businesses that employ green computing techniques.

Thus, the ideal selection is option E.

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Answer:

D. The stations may be switched by listeners.

Explanation:

One of the main disadvantages of radio advertising is that listeners have the option to switch stations, which can result in missed advertisements. This can make it difficult for advertisers to ensure that their message reaches their intended target audience.