Answer:
The purpose of snob appeal is to persuade a consumer to purchase a product or service by convincing him or her that the purchase will elevate their status. By appealing to individuals' desires to be among the elite, advertisers attempt to sell their products.
For example, some different ads that illustrate snob appeal include the following:
Cigarette ads with big and tough guys smoking cigarettes makes it seem that the consumer, too, could be among the elite hearty men who smoke cigarettes.
Commercials that show men drinking a certain brand of beer attracting all of the beautiful women in a bar gives the underlying message that drinking that beer will make the consumer more attractive to women.
A food commercial that highlights parents who are "Number One" that purchase a certain food product implies that the consumer will also be a top notch parent if he or she purchases the product.
A perfume advertisement that features a woman dressed in fancy clothes and very expensive jewelry appeals to the "inner snob" by implying that a woman who wears that perfume will be equally as exquisite in appearance.
A commercial for cat food that shows a cat eating a certain brand of food in a posh house with a fancy pet dish makes the consumer feel she is treating her cat the best she possibly can by purchasing that food.
A military slogan that says, "Do you have what it takes?" is appealing to snob appeal by trying to recruit members implying that they are an elite group that has characteristics that others do not possess.
When a company is attempting to sell its services over competitors' services and states "You don't want to deal with those OTHER companies…" it is attempting to elevate its own image to be more appealing as an elite company.
A wireless phone company shows commercials of people waiting in lines to get their phones and the images of those who have the phones are of well-dressed and popular people. The phone company is making it seem extremely desirable to be a part of the group of people who are elite enough to own that phone.
A linen company features their products in an advertisement in a posh and fancy home implying that those who purchase their linens are amongst the elite.
Featuring a popular celebrity in a commercial in which she states she would never use another brand makes the product seem more appealing to the consumer.
A commercial for big screen televisions shows a large group of people watching the Superbowl and having fun, stating that "everyone will want to be at your house" implies that the purchase of the television will make the consumer popular and part of an elite group.
Explanation:
A distinctive competence is not a. a competitively important activity that a company performs better than its rivals. b. typically less restrictive for rivals to copy than a core competence. c. a basis for sustainable competitive advantage. d. considered as a superior internal strength. e. capable of delivering stand-out value to customers (in the form of lower prices, better product performance, or superior service).
An untrue statement on distinctive competence is that it is b. typically less restrictive for rivals to copy than a core competence.
What is distinctive competence?This refers to internal activities that a company is able to perform very well to help it meet it's goals.
While it isn't easy to copy, it is easier for rivals to copy a distinctive competence than a core competence.
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Although the unemployment rate is the single best indicator of how well the labor market is working, we discussed in class that it is considered incomplete because it: does not count discouraged workers. does not measure how well people are matched to their jobs. counts part-time workers who would like to work full time as fully employed.
The unemployment rate is not considered to be a complete measure because it does not count discouraged workers.
How is the unemployment rate calculated?
The unemployment rate includes only people who are still actively searching for work and they have to be in the labor force.
People who have looked for jobs for a while and then got discouraged and given up, are not counted as unemployed which therefore depresses the unemployment rate.
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You market many different types of insurance and ordinarily you spend time each evening calling potential clients. To comply with requirements for marketing medicare advantage and part d plans, what must you do about contacting potential clients to market those plans?.
You have to avoid calling potential clients unless they initiate contact with you and specifically request that you give them a call.
What is a health care plan?A health care plan refers to a medical plan for the medical care of a particular patient which covers a part or whole risk of the medical expenses incurred such as Medicare.
In this scenario, we can reasonably infer that as a marketer, you should avoid calling potential clients to market those medical plans, unless they initiate contact with you and specifically request that you give them a call.
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Before investigating alternative production plans, demand forecasts should be converted into Multiple choice question. production requirements. inventory requirements. forecast for the next period. only safety stock requirements.
Demand predictions should be converted to inventory requirements before considering alternate production strategies.
Production planning is the process of creating a roadmap for the design and manufacture of a certain product or service. Production planning assists firms in making their manufacturing processes as efficient as feasible. Production planning was developed to improve the manufacturing process, but its basic logic is now used in many ways to design, manufacture, and distribute software as well.
An alternative production plan is basically a safety plan which is made. In case the main plan does not work, an alternative plan is executed. Inventory Requirements means the minimum inventory level set out of a product; provided, however, that "inventory level" comprises only those Products on hand in final form as of a specific date.
Therefore, the correct option is the inventory requirement.
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the best alternative given up when we make a decision is called the ________ of that decision.
The best alternative given up when we make a decision is called the Opportunity Cost of that decision.
What is an Opportunity Cost?Opportunity cost is the forgone alternative when a decision has to be made.
For instance, if a meal has to be skipped to afford the payment of a book, then the opportunity cost or foregone alternative is the meal. Therefore, the correct answer is opportunity cost.
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Podcasting, at its core, is about what?
A. Making money
B. Sharing
C. Obtaining market share
D. Influencing as many people as possible
Suppose you spend time clipping coupons for cereal before going to the grocery store. However, once you arrive at the store you realize that the coupons have already expired. The time spent clipping coupons are an example of a ...
The time taken on clipping the coupons prior to going to the grocery store would be an opportunity cost.
What does the opportunity cost mean?
The opportunity cost is the amount that an individual has to forget on choosing another alternative.
When arriving at the grocery store, the individual got to know that the coupons he/she has have already been outdated. This shows that the time of clipping the coupons would result in the forgone benefits of availing of the coupon on time.
Therefore, the opportunity cost is represented by the time taken to clip the coupons.
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In response to ______ discrimination, congress passed the equal credit opportunity act.
In response to credit discrimination, congress passed the equal credit opportunity act. Read below about Equal Credit opportunity.
What is Equal Credit opportunity?The Equal Credit Opportunity Act (ECOA) is a United States law which was enacted on 28 October 1974.
What is the provision of the Equal Credit Opportunity Act?The act makes it unlawful for any creditor to discriminate against any applicant, with respect to any aspect of a credit transaction, on the basis of race, color, religion, national origin, sex, marital status, or age.
Therefore, the correct answer is as given above.
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An Office Manager uses a Periodic Review Inventory System: they check the inventory in their Office Supply Closet once every 10 days, placing an order with their supplier depending on the inventory level in the closet. This week, the manager has counted 140 post it notes in the closet. They have already placed an order with a supplier for 300 post it notes that should arrive in 3 days. What is the Office Manager's Inventory Position
There are 440 postings available in the inventory for office managers. it keeps the manager's position stable.
What is an inventory system?Software for tracking inventory levels, orders, sales, and deliveries is called inventory management software. It can be used to construct a work order, bill of materials, and other documents connected to production in the industrial sector.
The inventory position is determined using the following formula:
= Current stock counted in the closet + prior supplier orders
where,
In-room post are=140
Ordered=300
Now the inventory is calculated as :
140 Post+ 300 post
= 440 post
Hence, the position of mangers inventory is 440 posts.
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the ability of the competitive forces of supply and demand to establish a price at which selling and buying decisions are consistent is called ______.
The ability of the competitive forces of supply and demand to establish a price at which selling and buying decisions are consistent is called the rationing function of prices.
What is the rationing function of prices?Rationing function of price is used to measure the goods that consumer can use their money to buy.
When their is scarcity of goods in the market this means that demand will be above supply and the outcome is that price of goods will tend to increase or bid up.
Therefore the ability of the competitive forces of supply and demand to establish a price is called the rationing function of prices.
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Natalie, the supervisor of a 24-hour pharmacy, schedules the work shifts of her employees. Recently, two of her senior employees had a conflict because each of them wanted both Friday and Saturday nights off. Natalie gave one employee Friday nights off and the other employee Saturday nights off. In this case, Natalie used a(n) __________ strategy to resolve the conflict.
The compromise strategy is used by Natalie to resolve the conflict between the 2 employees.
What is the compromise strategy in conflicts?This refers to the resolving of conflict by identifying a solution that is half-satisfactory to both parties but completely satisfactory to neither.
As he give them offday on different days. then, the compromise strategy is used by Natalie to resolve the conflict between the 2 employees.
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Amazon is considered one of the best digital marketers and is known for establishing relationships with customers. The company typically asks website visitors to register and opt-in to receiving e-mail communication and other offers. Thus, Amazon can identify visitors to its site before they make a purchase. Amazon is utilizing the _______ feature of online media.
Since Amazon can identify visitors to its site before they make a purchase, it is utilizing the addressability feature of online media.
What is digital marketing?This is an aspect of online channel, in which organizations use to promote their brand or image. Here, people who are digitally inclined can connect to the company's product offering.
Benefit of digital marketing are:
Targeted audience can be reached in a cost-effective and measurable way. Increasing brand loyalty and driving online sales.Learn more about digital marketing here: https://brainly.com/question/8367090
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How have airplanes changed the way the world does business? choose four answers
Airplanes changed the way the world does business by decreasing the cost of long-distance travel and improving the speed with which it may be completed. This is further explained below.
What are Airplanes?Generally, is simply defined as an airplane, a motorized aircraft with fixed wings that displaces more air than it weighs.
In conclusion, new trade and employment possibilities can be accessed with little disruption to existing business operations.
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what is one advantage of being an entrepreneur
A. more promotions
B. more freedom
C.less risk
D. shorter hours
Answer:
More freedom is the advantage
Answer:
B is the answer because they the complete freedom to do their own thing.
Marginal Incorporated (MI) has determined that its before-tax cost of debt is 5.0% for the first $74 million in bonds it issues, and 9.0% for any bonds issued above $74 million. Its cost of preferred stock is 15.0%. Its cost of internal equity is 18.0%, and its cost of external equity is 22.0%. Currently, the firm's capital structure has $400 million of debt, $60 million of preferred stock, and $540 million of common equity. The firm's marginal tax rate is 25%. The firm's managers have determined that the firm should have $67 million available from retained earnings for investment purposes next period. What is the firm's marginal cost of capital at a total investment level of $155 million
Answer:
The marginal cost of capital is 10.18%( 10.2% when rounded to 1 decimal place)
Explanation:
The requirement, in this case, is to ascertain the firm's cost of capital, its weighted average cost of capital, which is the sum of the after-tax cost of each component source of capital multiplied by their weight in the firm's capital structure, on the premise that the first $67 million would be from the internal equity, retained earnings
Balance of investment(after retained earnings)=$155-$67
Balance of investment(after retained earnings)=$88 million
Out of the $88 million,$74 million would be financed by debt which is a before-tax cost of 5.0% and the $14 million($88-$74) would be from additional debt which has a pretax cost of debt of 9.0% because raising additional debt is cheaper compared preferred equity and external equity whose costs are 15.0% and 22.0% respectively.
The after-tax costs of debt are computed thus:
after-tax cost for 5.0%=5.0%*(1-25%)
after-tax cost for 5.0%=3.75%
after-tax cost for 9.0%=9.0%*(1-25%)
after-tax cost for 9.0%=6.75%
WACC=(value of internal equity/total investment*cost of internal equity)+ (value of initial debt/total investment*after-tax cost of debt)+(value of additional debt/total investment*after-tax cost of debt)
WACC=(67/155*18.0%)+(74/155*3.75%)+(14/155*6.75%)
WACC=10.18%
Traditional management thinking treated human resource management primarily as a means to support a company's strategy. Traditional management thinking treated human resource management primarily as a means to support a company's strategy. false true
As regards the statement on how traditional management treated human resource management, this statement is FALSE.
How did traditional management treat human resources?Human resources was merely seen as a way to control labor and ensure they did not go out of bounds.
HRM was therefore not seen by traditional managers as a way to support the goals of the company, and its strategies.
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The given statement that says Traditional management thinking treated human resource management primarily as a means to support a company's strategy is true.
Traditional management thinking had a different approach toward human resource management. They considered the human resource of a company as mere factors of production.
As per traditional management thinking, the major focus was on the production and efficiency of the organization rather than the employees' well-being or job satisfaction.
They treated human resource management as a means to support the company's strategy. It was primarily concerned with recruiting and training employees to increase production and efficiency while keeping costs low.
The traditional management model viewed employees as easily replaceable and disposable, with little regard for their unique talents or individual needs.
This was seen as an effective way to run an organization, but over time it became clear that this approach was not sustainable or effective in the long term.
As a result, newer management models have emerged that place greater emphasis on employee engagement, motivation, and empowerment.
Hence, the right answer is true.
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Flynn Company determines that it cannot collect $8,000 of its accounts receivable from its customer, MDC. Record the journal entry required of Flynn under (a) the direct write-off method and (b) the allowance method.
The particulars of the company under the direct write off and allowance method is a debit of 8000 dollars in the bad debts and credit of 8000 in the accounts receivable.
(a) the direct write-off methodBad debts expense
Debit = $8000
To Accounts receivables
credit = $8000
b) the allowance method.Allowance for doubtful accounts
Debit = $8000
Accounts receivables
credit = $8000
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An ice cream manufacturer makes ice cream in two processes, Mixing and Packaging. During April, its first month of business, the Packaging department transferred 208,000 units and $665,600 of production costs to finished goods. The company completed and sold 200,000 units at a price of $4.70 per unit in April. What is the total gross profit on ice cream sales for April.
Based on the sales revenue that the ice cream manufacturer got and the cost of goods sold, the total gross profit on ice cream sales is $300,000.
How is the total gross profit calculated?This can be found as:
= Sales revenue - Cost of goods sold
Sales revenue:
= 200,000 x 4.70
= $940,000
Cost of goods sold:
= Total production cost / Total units produced x Units sold
= 665,600 / 208,000 x 200,000
= $640,000
Gross profit:
= 940,000 - 640,000
= $300,000
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If a company initially records the purchase of supplies to the supplies expense account, the mount of the adjusting entry made at the end of an accounting period will be equal to
The amount of the adjusting entry at the accounting period will be equal to the supplies on hand at the end of the period if the company initially records the purchase of supplies to the supplies expense account.
What is a supplies expense account?In accounting, the account report the amount of supplies that were used during the time indicated on the heading of the income statement.
Hence, If a company initially records the purchase of supplies to the supplies expense account, the amount of the adjusting entry at the accounting period will be equal to the supplies on hand at the end of the period.
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true or false: when testing changes, you should be sure to gain consensus and buy-in from all the people who would eventually be affected by the change.
when testing changes, you should be sure to gain consensus and buy-in from all the people who would eventually be affected by the change.
What are changes in the society?Changes can be regarded as the process which involves the transition from one idea to another, it is the changing of ones mindset which will later reflect in ones behavior.
Therefore, when testing changes, you should be sure to gain consensus and buy-in from all the people that will be affected.
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what statement best explains why the supply curve is upward sloping?
The statement that best explains why the supply curve is upward sloping is: as the price increases quantity supplied increases.
What is supply curve?Supply curve can be defined as the amount of goods and service produce and supplied at a particular period of time.
When the supply curve slopes upward this tend to means that as the price rise quantity supplied will as well increases or rise . This occur when higher prices of goods and service tend to offer higher profits.
Therefore the statement that best explains why the supply curve is upward sloping is: as the price increases quantity supplied increases.
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Trina sells dolls and accessories, and doesn't have much time to update her Search campaigns with her ever-changing inventory. How can Dynamic Search Ads help Trina
Trina will benefit from Dynamic Search Ads that can automatically generate keyword lists based on the content of websites.
What are dynamic search ads?Dynamic Search Advertisements leverage the content of your website to target your ads and can assist fill in the gaps of your keyword-based campaigns. They are ideal for advertisers with a well-developed website or a huge inventory. In order to keep your advertising relevant and save you time, Dynamic Search Ad headlines and landing pages are also generated using material from your website. You only need to include a unique description.Therefore, Trina will benefit from dynamic search ads because they can automatically generate keyword lists based on the content of websites.
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Maria's New Year's Resolution is to save
more money. All of her spending should
be:
A. Impulsive
B. Unplanned
C. Intentional
Why will your time management skills be of the utmost importance while you are e-learning?
Time management skills will be of the utmost importance while you are e-learning because it will help us keep track of our progress and to avoid procrastinating.
What is e-learning?E-learning is the process of learning or accessing information through various online platforms.
Some of these e-learning platforms include Alison, coursera, You-Tube etc. Since this type of learning is self paced, an individual tend to procrastinate and hence prolonging the time needed to learn a particular skills
Due to this behaviour developed unconsciously, it is therefore important to learn the importance of managing time effectively.
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See the "zane corbin, accounting major" case for this question. given the facts available in this case, do you believe the upchurch medal awarded to zane corbin should have been rescinded despite the outcome of the academic misconduct hearing? why or why not?
No, Cobin should have been stay to see the result of the academic misconduct hearing because he has some facts available in this case.
What is the William J Upchurch medal?The William J Upchurch medal is a final undergraduate award, which is given annually to the outstanding seniors in the Hopkins college of Business.
The criteria for the award consists overall GPA, GPA in business courses, involvement in student organization etc.
The facts available in this case are: Cobin was attending the orientation session in his junior year, & went to two career fairs in the past two year. He was also a member for two years. He should stay to see the result of the academic hearing.
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The output of u. S. Citizens who work in canada would be included in the
The output of u. S. Citizens who work in Canada would be included in the: D. Gross domestic product.
What is gross domestic product?Gross domestic product can be defined as the value of goods or products produce within a country at a particular period of time.
If a united State of American citizen work in Canada the output of the United State citizen will be added to the Gross domestic product of Canada.
Therefore the correct option is D.
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Benjamin Moore Company provides paint and supplies to businesses and individuals through its network of company-owned retail outlets. Benjamin Moore employs outside sales representatives who make personal calls with prospects and customers in order to gain insight about their needs and persuade them to utilize Benjamin Moore for their painting projects. Typically, a Benjamin Moore sales representative will focus his or her efforts on specific customers such as hospital facility managers, apartment complex managers, painting contractors, or education institution facility managers. Benjamin Moore is utilizing the ______ variable for segmenting business markets.
In the systems portion of the business market, Benjamin Moore & Co. is leveraging types of organizational variables. Hence, option B is correct.
What is an organizational variable?An organizational variable is a characteristic of decision-making; a characteristic that influences the decision-making process and outcomes related to it. It includes a variety of factors such as the organization's code of ethics, top-level management, structure, size, and culture, among others.
According to Trevino's model (1986), an individual's ethics is also affected by an organization variable.
The complete question is attached in image form at the end.
Thus, option B: type of organization is correct for Benjamin Moore Company's business markets.
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Asset deflation: Multiple select question. reflects a decline in the productive capacity of assets and therefore reduces potential output. tends to reduce the value of collateral used for consumer and producer loans and therefore consumer spending. can lead to deflation in the economy in general. tends to reduce consumer and business confidence and therefore business investment.
Generally, a firm's asset deflation mostly reflects a decline in the productive capacity of assets and therefore reduces potential output.
What is an asset deflation?This refers to the general reduction in the value of firm's assets such as lands, homes, office, machine etc \.
Most time, the firm's asset deflation mostly reflects a decline in the productive capacity of assets and therefore reduces potential output.
Therefore, the Option A is correct.
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Assume that tangerines are produced in a constant cost industry which sells in a perfectly competitive market. Suppose that at the current level of output, firms are earning positive economic profits. What can we say about the long run equilibrium where productive and allocative efficiency is achieved
In the long-run equilibrium where productive and allocative efficiency is achieved, there will be more producers and more tangerine products in the market.
What is long-run equilibrium?The long run of a firm refers to the future term when the firm has attained equilibrium and the factory is able to produce at the output where the minimum point of the Long-Run Average Cost curve.
It is thus correct to state that In the long-run equilibrium where productive and allocative efficiency is achieved, there will be more producers and more tangerine products in the market.
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If the LRATC curve is falling, then Group of answer choices economies of scale are present. constant returns to scale are present. diseconomies of scale are present.
If the LRATC curve is falling, economies of scale are present.
What is LRATC?A business indicator known as long-run average total cost (LRATC) shows the average cost per unit of output over a lengthy period of time when all inputs are assumed to be erratic and the production scale is flexible. The long-run average cost curve displays the long-run total cost of production at the lowest level of output.Because businesses can adjust major parts of their operations, like factories, over a lengthy period of time to attain maximum efficiency, long-term unit costs are typically lower than short-term unit costs. Identifying the lower boundaries of LRATC is a goal shared by investors and firm management. If the LRATC curve is falling, economies of scale are present.To learn more about LRTAC refer to:
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