Concept testing will not be useful in the following situations EXCEPT for
C. concepts that embody some new technology that users cannot visualize.
Concept testing is a crucial part of the product development process, as it helps to identify and validate new product ideas before they are launched. It is used to evaluate a product idea in the early stages of development to determine whether it has the potential to be successful in the market.
There are certain situations where concept testing may not be useful. These include situations where the concept is related to previous products, where concepts embodying new art and entertainment are being considered, and when the prime benefit is a personal sense. However, concept testing is still useful in situations where the concept embodies some new technology that users cannot visualize. This is because testing can help to determine whether the new technology is something that users would be interested in using and can provide valuable insights into how it could be implemented to make it more user-friendly.
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Apples are selling for .15 cents per apple. The amount you buy is 823 apples, and you decide to sell those apples for .75 cents per apple. What is the total revenue for selling these apples?
Answer:
123.45 cents
Explanation:
Revenue = price per unit x quantity sold
0.15 x 823 = 123.45
What technology allows retailers to better respond to consumer buying patterns?
Which of the following are advantages that firms could gain by working together as if they were a monopoly?
Firms can hold down industry output.
Firms can increase industry productivity.
Firms can charge a higher price.
Firms can hold down industry output.
Working together as if they were a monopoly, firms can potentially gain the advantage of being able to hold down industry output, charge a higher price, and increase industrial productivity.
By limiting the amount of output produced, firms can create an artificial scarcity of the product, which can drive up demand and allow them to charge a higher price for it. Additionally, by collaborating and sharing resources, firms can increase their efficiency and productivity, which can lead to cost savings and ultimately higher profits. However, it is important to note that such cooperation can also lead to anti-competitive practices and monopolistic behavior, which can harm consumers and the overall economy. Therefore, it is important for regulatory authorities to monitor and regulate such behavior to ensure fair competition and promote consumer welfare.
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25 points
You are an experienced customer service representative. How will you handle an irate customer? What skills will you employ? Your response must be at least 150 words.
Answer:
The impatient customer
The situation: An impatient customer may have been waiting in line longer than usual, they may be running late to their next appointment, or maybe they're restless while you search for a solution to their issue or concern.
How to handle it: Be clear and to the point without appearing dismissive of their demeanor. Explain transparently why there's a wait or delay without getting into specifics. Make sure an impatient customer knows that effort is being invested in resolving the situation.
Frame your answers in a positive light, too. For example, instead of saying that an item is out of stock, explain that a new delivery is expected by a certain date or that you are working quickly to restock the items in question
Most entrepreneurs get their businesses off the ground by operating as frugally as possible ( what dose this called)
Answer:
Bootstrapping
Explanation:
An entrepreneur who starts a company; when he/she has established and fromed from his/her finances in working a new company.
Hope this helps!
Why would a construction manager require fall guards to be installed in a high-rise construction project?
to comply with Bureau of Labor Statistics (BLS) policies
to comply with Department of Health and Human Services (DHHS) regulations
to comply with Occupational Safety and Health Administration (OSHA) procedures
to comply with Environmental Protection Agency (EPA) regulations
Answer:
to comply with Occupational Safety and Health Administration (OSHA) procedures
Explanation:
OSHA is occupational safety and health administration. OSHA is mandated to publish and enforce regulations that safeguard employees' health and safety in the workplace.
Fall guards are elected in high places to prevent employees from falling to the ground. They are safety measures that employers have to put in place to prevents accidental falls and subsequent injuries. Fall guards in a high place are one of the OSHA requirements.
cenario : An Automotive Company (Assembly Line)
Introduction of your chosen scenario with scope of organization.
For the above process, create a Standard Operating Procedure. SOP needs to contain fields such as Title, Owner of Document, Revision Number, Department or area where it applies, and step by step instructions (do not need to be very technically detailed/specific) per point 3 above.
For the above SOP, create two (2) quality forms you do not need to fill in any data (a checklist, an QC form, etc, etc)
An Automotive Company (Assembly Line) Introduction The automotive industry has grown tremendously over the years, with a variety of vehicles being assembled.
An assembly line is a production system that uses a sequence of workstations, with each workstation focusing on a specific aspect of production. The assembly line is the most important part of the automotive industry, and the quality of the products depends on it. In this SOP, we will explain how to operate an automotive assembly line, including the necessary quality forms.
Standard Operating Procedure (SOP)Title: Automotive Assembly LineOwner of the Document: Quality ManagerRevision Number: 1Department or area where it applies: Assembly LineStep-by-step instructions1. Pre-assembly Stage:This stage involves gathering all the necessary parts for the vehicle.
These parts are usually delivered to the assembly line in a kit. The kit contains all the necessary parts, and they are checked to ensure that they are in good condition. If the parts are not in good condition, they are replaced before the assembly begins.2. Assembly Stage:The assembly stage is where the vehicle is assembled.
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Question # 1 Long Text (essay) Submit two news story summaries, noting the following: agency name(s), parties affected by the decision, status on period for comment, status on decision-making, and what decisions you would make in similar situations.
The answer is The public may not make technical decisions, but their opinions deserve consideration by those who are making those decisions.
What does making decisions mean?The process of choosing a course of action involves recognizing a decision, acquiring data, and weighing potential answers.
What three ways can one make a decision?Based on the level at which they occur, decision-making may also be divided into three types. The direction of an organization is decided upon strategically. Decisions regarding how something will be accomplished are considered tactical. Lastly, operational decisions are choices that staff members make every day to manage the company.
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are partnerships that provide professional and noncommercial assistance or advice.
Trading partnerships
Non-trading partnerships
General partnerships
Hi Special partnerships
Answer:
Non-trading partnerships
Explanation:
The non-trading partnership is a partnership that provides the professional and uncommercial advice or suggestions in terms of legal, medical, accounting, etc. Here all the partners have an active role for managing the business also they have unlimited liability with respect to any claim that against the firm
Therefore as per the given situation, the second option is correct
why do competitive markets work better for life insurance than for income insurance?
Answer:Because insurance market is competitive, when companies become profitable, they start adopting a more lenient underwriting criteria and lower their premiums to grab more market share.
Explanation:
Other insurance companies react by adopting the same policies, to prevent their shares taken away or to increase their market share.
Which of the following could be a trade secret?
where are the questions there are not questions
how am i supposed to help you if there is no questions
Culver City College, a public college, has a 10-week summer session that starts on June 25, 2020, so that one week is held during FY 2020 and the other nine weeks meet during FY 2021. Tuition and fees in the amount of $1,000,000 were collected from students for classes to be conducted in this session.
Required:
What amount should Culver City College recognize as unrestricted revenue in each of the years ended (FYE) June 30, 2020 and June 30, 2021?
Based on the information given, the amount that will be recognized as unrestricted revenue in each of the years will be $100,000 and $900,000.
Unrestricted revenue simply means the donations that can be used by a company or group for purposes that meet the goals that were set aside.
From the information, the unrestricted revenue in June 30, 2020 will be:
= 10% × $1,000,000
= $100,000
The unrestricted revenue for June 30, 2021 will be:
= $1,000,000 - $100,000
= $900,000
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onfinancial rewards that are designed to enrich employees' lives. A. Company stock B. Health and dental insurance C.Fitness club memberships D.Employee
Nonfinancial rewards designed to enrich employees' lives can refer to a wide range of employee benefits that are not directly tied to compensation or salary. Option D is correct.
These benefits can include things like flexible work schedules, opportunities for professional development, and access to resources that help improve employees' quality of life, such as counseling or wellness programs. Employee benefits can be an effective way for companies to attract and retain top talent, as well as build a positive company culture that values and invests in its employees.
However, it's important for employers to evaluate the cost and impact of different benefits offerings to ensure they are aligned with their business goals and resources, and meet the needs and preferences of their employees.
Therefore, option D is correct.
Nonfinancial rewards that are designed to enrich employees' lives.
A. Company stock
B. Health and dental insurance
C. Fitness club memberships
D. Employee benefit
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I wanna see how quick ya'll answer. Tell me if your answer quickly only because of the points if not the points give me another reason.
Answer:
thanks for this
Explanation:
because the points <3
Answer:
Hey babe why you not answering? :(
Explanation:
Furniture is an
O asset
O expense
O none of the above
Answer:
Asset.
Explanation:
An asset is a useful or valuable thing or person.
Nordstrom recently launched a new website, www.NordstromSilverScreen, which features fashion information and music videos. It also includes interactive features that allow you to dress a mannequin and play around in an interactive mixing room, where you can create your own music remix while mixing and matching outfits. Nordstrom Silverscreen is an example of :__________
Answer: Experience Gives Nordstrom Customers Interactive Video, Fashion, Music and remix of the song by mixing and matching clothes on a mannequin.
Explanation:
if the minimum wage is set above the equilibrium market wage, it group of answer choices does not affect the market equilibrium. is lower than firms are willing to pay for labor. is effective and reduces unemployment. increases unemployment.
When the minimum wage is set above the equilibrium market wage then it increases unemployment.
How can the minimum wage increase unemployment?When the minimum wage is set at such a point that it is above the equilibrium market wage, then there is a good chance that this can lead to increased unemployment in an industry, market, or nation.
The reason for this is simply that employers would not be willing to pay such a high minimum wage that it above the equilibrium market wage. They will therefore hire less workers than before, thereby meaning more people out of a job.
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Complete a departmental expense allocation spreadsheet for Marathon Running Shop. The spreadsheet should assign (1) direct expenses to each of the four departments, (2) the $64,000 of utilities expense to the four departments on the basis of floor space occupied, (3) the advertising department’s expenses to the two operating departments on the basis of the number of ads placed that promoted a department’s products, and (4) the administrative department’s expenses to the two operating departments based on the amount of sales.
Question Completion:
Marathon Running Shop has two service departments (advertising and administrative) and two operating departments (shoes and clothing). The table that follows shows the direct expenses incurred and square footage occupied by all four departments, as well as total sales for the two operating departments for the year 2017
Direct Expenses Square Feet Sales
Department
Advertising $ 18,000 1,120
Administrative 25,000 1,400
Shoes 103,000 7,140 $273,000
Clothing 15,000 4,340 77,000
The advertising department developed and distributed 120 advertisements during the year. Of these, 90 promoted shoes and 30 promoted clothing. Utilities expense of $64,000 is an indirect expense to all departments.
Answer:
Marathon Running Shop
Allocation of service departments' costs to the operating departments:
Service Departments Operating Departments Total
Advertising Administrative Shoes Clothing
Departmental $18,000 $25,000 $103,000 $15,000 $161,000
Utilities 5,120 6,400 32,640 19,840 64,000
After Utilities 23,120 31,400 135,640 34,840 $225,000
Advertising -23,120 17,340 5,780 0
Administrative -31,400 24,492 6,908 0
Total allocated costs $177,472 $47,528 $225,000
Explanation:
a) Data and Calculations:
Direct Expenses Square Feet Sales
Department
Advertising $ 18,000 1,120
Administrative 25,000 1,400
Shoes 103,000 7,140 $273,000
Clothing 15,000 4,340 77,000
Total $161,000 14,000 $350,000
Allocation of Utilities Expense of $64,000
Rate
Advertising (1,120/14,000 * $64,000) = $5,120
Administrative (1,400/14,000 * $64,000) = $6,400
Shoes (7,140/14,000 * $64,000) = $32,640
Clothing (4,340/14,000 * $64,000) = $19,840
Advertising $ 18,000 + $5,120 = $23,120
Administrative 25,000 + $6,400 = $31,400
Shoes 103,000 + $32,640 = $135,640
Clothing 15,000 + $19,840 = $34,840
Advertising expenses consumed by:
Shoes 90/120 * $23,120 = $17,340
Clothing 30/120 * $23,120 = $5,780
Administrative expenses consumed by:
Shoes $273,000/$350,000 * $31,400 = $24,492
Clothing $77,000/$350,000 * $31,400 = $6,908
Aries Inc. Took the following actions regarding its employees: (a) Aries agreed to pay Randy a $5,000 bonus for extra services that Randy voluntarily performed the previous year; (b) Aries agreed to pay Fred a $1,00 bonus in exchange for his promise not to breach an existing contract with Aries; and © Aries refused to perform a one-year contract with Hill because Areies had contractually agreed to pay Hill $30,000 pursuant to this contract, but his services were only worth $15,000
The answer of the following are:
(a) The agreement with Randy is legitimately restricting because Aries consented to it since it is a component of thought as it manages something of lawfully adequate worth given the trading of commitment.
(b) The agreement with Fred is likewise legitimately restricting, as Zafiris consented to pay him a $1,000 reward in return for his vow not to penetrate a current agreement. This shows that the two players have settled on the terms, and there is substantial thought.
(c) Yes it is deficient as Aries are qualified to decline to play out their agreement with Slope because the thought it is getting is lacking. Deficient alludes to a value that isn't equivalent in worth to the help being given It can make the agreement unenforceable.
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This question is not complete, Here I am attaching the complete question:
Aries Inc. took the following actions regarding its employees: (a) Aries agreed to pay Randy a $5,000 bonus for extra services that Randy voluntarily performed the previous year; (b) Aries agreed to pay Fred a $1,000 bonus in exchange for his promise not to breach an existing contract with Aries; and (c) Aries refused to perform a one-year contract with Hill because Aries had contractually agreed to pay Hill $30,000 pursuant to this contract, but his services were only worth $15,000.
(a) Is the agreement with Randy legally binding?
(b) Is the agreement with Fred legally binding?
(c) Is Aries entitled to refuse to perform its contract with Hill because the consideration it is receiving is inadequate?
What is one of the best ways to avoid credit problems? A. Use your credit as often as possible. B. Apply for as many credit cards as you can. C. Pay your credit bills on-time each month. D. All of the above
Answer:
d. all of the above
Explanation:
they all make sense
You open a new bank account at Eastside Savings. You see FDIC stickers around the bank, and the teller specifically mentions that Eastside
Savings is "FDIC Insured". A few months later, you hear on the radio that Eastside Savings is struggling to stay in business. Your savings balance
Is $500. What would happen to that money if Eastside Savings failed?
A.You could lose $250 since FDIC Insurance only covers 50% of the money you have deposited.
B.You would lose all of your money.
C.You would receive $250,000 since FDIC Insurance provides each account at the bank with $250,000 regardless of how much they
have deposited
D.You would receive all the money you have deposited at Eastside Savings since FDIC insurance covers accounts up to $250,000.
Answer:
The correct option is D. You would receive all the money you have deposited at Eastside Savings since FDIC insurance covers accounts up to $250,000.
Explanation:
Based on the information given what would happen to that money in a situation where Eastside Savings failed is that such individual would receive all the money he/she have deposited at Eastside Savings reason been that FDIC which is fully known as FEDERAL DEPOSIT INSURANCE CORPORATE insurance covers accounts up to the amount of $250,000 and Secondly Eastside Savings is "FDIC Insured".
these clients all received a form 1099-k for less than $5,000. which client cannot still receive special pricing? callie has incurred startup costs for her new business. nathan, filing a client-dependent return. carlos is not otherwise required to file a tax return. stella has no other source of income but is required to file a return.
If each of these clients received a form 1099-k for less than $5,000, Callie would have suffered beginning costs for her new company business and would not be eligible for special pricing.
The owner of the business is responsible and liable for any debts incurred by the business since despite having a business name, they are one and the same. If the company accrues debts, the creditors may seize the owner's personal property. [6] Corporate tax rates cannot be applied to a firm structure. All profits earned by the business are subject to personal taxation by the owner.
The term is frequently used informally to refer to a business, such as a corporation or cooperative. However, lawyers and public officials do not use it in this way.
Unlike sole proprietorships and partnerships, corporations are a distinct legal entity that offers limited responsibility to its owners/members and is subject to corporate tax rates.
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Helpppp !!!
Usually done before you introduce a new product to be successful :
A) Test marketing
B) Marketing research
C) Marketing concept
D) Marketing mix
The Sac State basketball team faces the following inverse demand curves for games at the Hornets Nest.
Students: PS = 12 – 0.5Q
Adults: Pa = 18 – Q
The marginal cost is constant at $0.
a. If the team uses segmenting, calculate the ticket prices charged to adults and students.
b. How much producer surplus does the team earn from segmenting?
c. What price will the team charge per ticket if it does not segment? How much producer surplus will it earn?
Ticket price for students and adults is $0. Producer surplus for adults is $324. The team will charge $6 per ticket without segmenting and earn a producer surplus of $216.
The Sac State basketball team faces inverse demand curves for games at the Hornets Nest. For students, the inverse demand curve is PS = 12 - 0.5Q, and for adults, it is Pa = 18 - Q. The marginal cost is constant at $0.
By segmenting, the team can charge different ticket prices to students and adults. We need to calculate the ticket prices, producer surplus, and price and producer surplus without segmenting.
a. To calculate the ticket prices charged to adults and students, we need to equate the marginal cost to the respective marginal revenue for each segment.
For students: Marginal cost = Marginal revenue
0 = 12 - 0.5Qs
Qs = 24
Ticket price for students = PS = 12 - 0.5Qs = 12 - 0.5(24) = $0
For adults: Marginal cost = Marginal revenue
0 = 18 - Qa
Qa = 18
Ticket price for adults = Pa = 18 - Qa = 18 - 18 = $0
b. The producer surplus from segmenting is the difference between the price charged and the marginal cost multiplied by the quantity sold in each segment.
Producer surplus for students = (PS - 0) * Qs = (12 - 0) * 24 = $288
Producer surplus for adults = (Pa - 0) * Qa = (18 - 0) * 18 = $324
c. If the team does not segment, it will charge the same price to both students and adults. To find the price, we equate the marginal cost to the marginal revenue for the combined market.
0 = 12 - Q
Q = 12
Price without segmenting = Pa = 18 - Q = 18 - 12 = $6
Producer surplus without segmenting = (Pa - 0) * Q = (18 - 0) * 12 = $216
Thus, the team will charge $6 per ticket without segmenting and earn a producer surplus of $216.
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QUESTION 6 of 10: What markup percentage does New York magazine state that Macy's at Herald Square in New York City uses to mark up
accessories?
a) 72%
b) 127%
c) 185%
Od) 233%
In conclusion correct option for this question is (d) 233%
Why it is?
The markup percentage mentioned by New York magazine for accessories at Macy's in Herald Square is 185%. This means that the price of the accessory is marked up by 185% of its cost.
This markup percentage is considered high and may reflect the expenses that the store incurs, such as rent, salaries, and other operating costs. It is also likely that the markup is influenced by the store's brand recognition and the demand for its products.
However, a high markup may also deter price-sensitive customers, making it important for businesses to strike a balance between profitability and affordability.
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when deciding what projects to invest in or continue, one should include sunk costs. (True or False)
The statement: when deciding what projects to invest in or continue, one should include sunk costs is FALSE because sunk costs are costs that have already been incurred and cannot be recovered
In the context of decision-making for future projects, sunk costs should be ignored since they are irrelevant to future costs and benefits. Including sunk costs in such decision-making may lead to irrational decision-making and may result in inefficient allocation of resources.
Therefore, when deciding what projects to invest in or continue, sunk costs should be excluded. Instead, decision-makers should focus on the expected future costs and benefits of each project and choose the one that is likely to generate the highest net benefit.
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one reason companies may use labor in another location is ____.
One reason companies may use labor in another location is to take advantage of lower labor costs.
This is because labor expenses can vary significantly between different regions or countries, and by outsourcing or relocating their labor force, companies can take advantage of lower wage rates and operational costs, ultimately increasing their overall profitability. Additionally, labor laws and regulations may be different in other locations, allowing companies to operate more efficiently and with fewer restrictions.
Lower labor costs can contribute to cost savings in several ways. Firstly, companies can benefit from lower wage rates, as workers in certain regions may be willing to accept lower pay compared to workers in higher-cost locations. Secondly, countries with less stringent labor regulations or lower benefit requirements may provide cost advantages for businesses. Reduced costs in areas such as healthcare, social security, or retirement benefits can make a significant difference to a company's expenses. Lastly, lower labor costs can also translate into savings in terms of training and development expenditures, as skilled labor may be available at a more affordable price.
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An employer can refuse to hire you if you refuse a drug screening test or background check.
Answer:yes
Explanation:
Answer:
true
Explanation:
Carlisle Transport had $4,499 cash at the beginning of the period. During the period, the firm collected $1,750 in receivables, paid $2,154 to supplier, had credit sales of $5,578, and incurred cash expenses of $500. What was the cash balance at the end of the period?
The cash balance at the end of the period for Carlisle Transport was $9,073. To find the cash balance at the end of the period, we subtract the total cash outflow from the initial cash balance and the total cash inflow.
To calculate the cash balance at the end of the period, we need to consider the cash inflows and outflows during the period.
Starting with the initial cash balance of $4,499, we add the cash collections from receivables of $1,750 and credit sales of $5,578, which gives us a total cash inflow of $7,328.
Next, we subtract the cash outflows, which include payments to suppliers of $2,154 and cash expenses of $500, resulting in a total cash outflow of $2,654.
To calculate the cash balance at the end of the period, we subtract the total cash outflow from the initial cash balance and total cash inflow: $4,499 + $7,328 - $2,654 = $9,073.
Therefore, the cash balance at the end of the period for Carlisle Transport is $9,073.
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Would workers who formerly worked in agricluture find it easy to obtain jobs in the secondary or tertiary sector of industry? explain your answer
Because agriculture is the sector that requires the greatest manpower. In the secondary and tertiary sectors, people might find simple labor-related occupations.
Is agriculture seen as a secondary industry?The jobs in the primary sector include mining, forestry, farming, and fishing. The secondary sector includes jobs in manufacturing, which includes the production of steel and vehicles. Tertiary vocations include teaching, finance, and banking, for example.
Why do individuals go from the primary to secondary sector?More products made in factories at low prices started to be used by people. The secondary industry rapidly overtook the primary sector in terms of employment and overall production. Consequently, a change has developed over time. This indicates that the sectors' relative importance had altered.
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