Product differentiation by incumbents acts as an industry entry barrier because (D) new entrants will have to spend heavily to overcome existing customer loyalties.
What is product differentiation?A marketing tactic called "product differentiation" aims to set a company's goods or services apart from those of its rivals. Identifying and articulating a product or company's distinctive traits while stressing the key distinctions between that product or company and its rivals are necessary for successful product differentiation. Creating a compelling value proposition and product differentiation work hand in hand in order to make a product or service appealing to a target market or audience.If done well, product differentiation can give the seller of the product a competitive edge and ultimately increase brand recognition. The quickest high-speed Internet service or the most fuel-efficient electric car on the market are two examples of distinct products.Therefore, product differentiation by incumbents acts as an industry entry barrier because (D) new entrants will have to spend heavily to overcome existing customer loyalties.
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You have older parents who have been saving for retirement for decades. They are now getting close to retirement age and are looking at their options. One would like to leave everything in the pension fund and draw out a fixed, unchangeable amount over their retirement time. Your other parent wants to take out a chunk of retirement funds and purchase a business and use the profit from it to generate funds on which to live. You have noticed that inflation over the last year is on a rapid rise. What would you advise your parents to do based on what you know of inflation and its redistribution of purchasing power
Based on my knowledge of inflation and its redistribution of purchasing power, I would advise my older parents to embark on Plan B by purchasing a business.
How does inflation redistribute purchasing power?Inflation redistributes purchasing power by giving less value to lenders and savers than to borrowers and investors.
The purchasing power of a fixed money plan decreases. On the other hand, the purchasing power from variable investment changes with inflation.
A business would also increase its value over time more than a fixed investment.
Thus, based on my knowledge of inflation and its redistribution of purchasing power, I would advise my older parents to embark on Plan B by purchasing a business.
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The role of the Federal Open Market Committee is to:
Correct Option B : The role of the Federal Open Market Committee is to appoint the Federal Reserve Board of Governors.
The Open Market Committee (FOMC) is a regulator, but it is only loosely "controlled" by the laws that make it up and by the organizations to which it belongs (the Federal Reserve Board of Governors, and the 12 Federal Reserve District Banks, which are owned in turn by Private Banks).
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Answer: D. Set monetary policy for the United States.
Explanation: just did the test :) hope it helps you
On November 1, Jovel Company loaned another company $100,000 at a 6% interest rate. The note receivable plus interest will not be collected until March 1 of the following year. The company's annual accounting period ends on December 31. The amount of interest revenue that should be reported in the first year is:
The amount of interest revenue that will be recorded in the books of Jovel Company as on December 31 will be $1,000.
What is interest revenue?The revenue which is generated by a company by the way of earnings made through interest over debts during a financial period is known as an interest revenue.
Using the above information, it can be ascertained that the total interest revenue over a loan of $100,000 will be $6,000, however, it was issued on November 1, and accounts close on December 31, so the interest revenue for 2 months will be computed as under,
[tex]\rm Interest\ Revenue\ for\ 2\ Months= \dfrac{Total\ Interest\ Revenue}{12}\ x\ No.\ of\ Months\\\\\rm Interest\ Revenue\ for\ 2\ Months= \dfrac{6000}{12}\ x\ 2\\\\\rm Interest\ Revenue\ for\ 2\ Months= \$1000[/tex]
Thus, the interest revenue has been computed as above.
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In the context of brand extensions, stretchability of a brand depends on: a. preventing the transfer of meaning from the new branded product to the original brand schema. b. consumers' ability to process relationships between the parent brand and associated products. c. consumers' rejection of the fit between the parent brand and other products on which it appears. d. finding consumers with the same degree of liking for a parent brand. e. the usage differences between parent brand and associated products.
Adding deductive reasoning to traditional database management system (dbms) functions is a benefit of integrating an expert system into the database component of a(n) _____ system
The inclusion of the deductive reasoning to traditional database management system is a benefit of integrating an expert system into the database component of a Decision Support System.
What is a Decision Support System?
This refers to the set of related computer programs that is required to assist with analysis and decision-making within an organization.
Hence, the inclusion of the deductive reasoning to traditional database management system is a benefit of integrating an expert system into the database component of a Decision Support System.
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Percy Corporation was formed on January 1. The corporate charter authorized 100,000 shares of $10 par value common stock. During the first month of operation, the corporation issued 230 shares to its attorneys in payment of a $4,300 charge for drawing up the articles of incorporation. The entry to record this transaction would include:
The journal entry for the transaction as mentioned above will include a debit in the organizational expenses for $4,300.
What are the golden rules of a journal entry?As per the golden rules of a journal entry, all the expenses of an organization, whether direct or indirect are debited. Thus, in the above case, the organization expenses will be debited.
Hence, the significance of a journal entry is aforementioned.
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1. describe a buying situation in which you were successfully cross-sold and a situation in which you were ""traded up.""
To cross-sell is a phenomenon in sales that means to sell a product to a customer because of the initial product that they purchased. A great example would be purchasing a memory card because one purchased a mobile phone.
What does it mean to Trade-Up?Trading up simply refers to giving up a product for a more expensive one. An example would be trading up a 1995 Mercedes Benz for a 2022 BMW.
The two sales phenomenon described above can be used as strategies for sales.
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Which trim level is available exclusively for customers who participate in the 2023 ariya reservation program?.
Customers who take part in the reservation program are the only ones who can purchase the front-wheel-drive Ariya Premiere.
What is trim level?
Manufacturers utilize trim levels to specify a vehicle's degree of equipment or unique characteristics. A vehicle's features and equipment are also determined by any option packages or individual options that were included in the order for the vehicle.
It comes with lighted Premiere kick plates, a Premiere grade badge, and 19-inch aluminum-alloy wheels with special aero wheel cover paint treatment.
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In a _________________________ economy, the individuals and the government share in the economic decision-making process. These groups work togther to ensure economic development.
Answer:
Mixed economy
Explanation:
There are three types of Economies:
Command Economy:
An economy where price and products are controlled by the government. It is very commonly seen in communist countries, like China or Vietnam.
Free market:
An economy where the government has little to no control. However, a perfect free economy doesn't exist anywhere, and is just a concept.
Mixed Economy:
An economy where the market is controlled by both the people/consumers, and the government. America is a mixed economy. Individuals are allowed to own property with little government intervention. However, the government has a lot more control over other sectors of the market.
So, to answer the your question, because the Mixed economy is controlled by the government and the poeple, it is the answer.
Suppose a piece of equipment cost $35,000 and has accumulated depreciation of $10,000. It is sold for $15,000 cash. What is the journal entry to record the sale of the equipment
The amount of the journal entry are as follows:-
Cash $15000
Accumulated Depreciation $10000
Equipment cost $35000
Loss on sale $10000
What is Depreciation?An asset loses value over time as a result of use, damage, or obsolescence. Depreciation is the measurement for this decline.
The complete solution is attached below.
Depreciation, or a decline in asset value, can be brought on by a variety of other variables, such as bad market conditions, etc.
Thus the journal entry credit amount is Equipment cost $35000 and Debit amount of the journal entry are Cash $15000 Accumulated Depreciation $10000 and Loss on sale $10000.
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When conducting an immediate charge on 2023 ariya, what is the first step if the timer is set?.
The first step to perform when conducting an immediate charge is to press the immediate charge switch on the lower left dash.
What is an immediate charge?This is a vehicle features that allows a quick charge of the engine.
However, the first step to perform when conducting an immediate charge is to press the immediate charge switch on the lower left dash.
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What is a design that can be produced to requirements even with unfavorable conditions in the production process?.
Answer:
fair use
Explanation:
i just need points
which of the following is not an economic goal of leaders of most nations? a. efficiency b. price stability c. growth d. full employment e. excess goods and services
One thing that is not the economic goal of most nations is e. excess goods and services.
What economic goals do most countries want?Most countries want to be able to provide their people with an adequate living standard.
For this to happen, the economy needs to be growing and have price stability as well as full employment. There is no need for excess goods and services because this represents a waste of resources.
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If Microsoft were to dominate the entire software industry, effectively eliminating all other competitors, then Microsoft would be seen in economic terms as (a/an)
If Microsoft were to dominate the entire software industry, effectively eliminating all other competitors, then Microsoft would be seen in economic terms as a monopolist.
What is a monopoly?Monopoly is the exclusive ownership resulting from a legal advantage, control over the supply, or collective action.
Numerous well-known businesses, such as dining establishments, hair salons, clothes, and consumer electronics, are subject to monopolistic competition. McDonald's and Burger King are two excellent examples. Both are fast food companies that cater to the same clientele and provide comparable goods and services.
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Tommy wishes to determine the return on two stocks she owned in 2019. At the beginning of the year, stock X traded for $81per share. During the year, X paid dividends of $5 At the end of the year, Xstock was worth $72 Calculate the annual rate of return, r, for X (Enter the answer in % format without % sign -> 20.51 and not 20.51% or 0.2051)
The annual rate of return based on the information is 1.24%
How to calculate the annual rate?Based on the information given, the annual rate of return will be:
= (Future price + Dividends - Last year price)/ Lat year price × 100
= (72 + 5 - 81)/81 × 100
= 1/81 × 100
= 0.0124
= 1.24%
Therefore, the annual rate of return is 1.24%.
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An increase in venous return will _______
An increase in venous return will increase EDV and therefore, increase stroke volume
What are venous return?Venous return is a term used to describe the flow of blood from the periphery back to the right atrium.
An increase in venous return will increase EDV and therefore, increase stroke volume. These increased pulmonary venous return to the left atrium leads to increase the filling of the left ventricle.
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Firms that adopt e-marketing strategies must consider making changes to their marketing mix variables. Which aspect of the marketing mix would relate to the ability to process orders electronically, reduce inefficiencies, costs, and redundancies while simultaneously increasing speed throughout the marketing channel?
The aspect of the marketing mix that would relate to the ability to process orders electronically, and reduce inefficiencies, costs, and redundancies while simultaneously increasing speed throughout the marketing channel is known as distribution.
What is distribution in marketing?Distribution in marketing relates to how the product or service will get to the final consumer.
Hence, the aspect of the marketing mix that would relate to the ability to process orders electronically, and reduce inefficiencies, costs, and redundancies while simultaneously increasing speed throughout the marketing channel is known as distribution.
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Learn more about
Business analytics use Blank______ to derive meaning form data by finding patterns to make future predictions. Multiple choice question. facts analysis algorithms knowledge
Business analytics use Blank algorithms to derive meaning form data by finding patterns to make future predictions.
What is Business Analytics?Business analytics (BA) is a fixed of disciplines and technology for fixing commercial enterprise issues the usage of records analysis, statistical fashions and different quantitative methods. It includes an iterative, methodical exploration of an organization's records, with an emphasis on statistical analysis, to force decision-making.
Data-pushed businesses deal with their records as a commercial enterprise asset and actively search for methods to show it right into a aggressive advantage. Success with commercial enterprise analytics relies upon on records quality, professional analysts who apprehend the technology and the commercial enterprise, and a dedication to the usage of records to benefit insights that tell commercial enterprise decisions.
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The size of the money multiplier is: Please choose the correct answer from the following choices, and then select the submit answer button. Answer choices not fixed but depends on how much of their assets banks want to hold as reserves. not fixed but depends on interest rates. not fixed but is set by the Federal Reserve. equal to 2.
The money multiplier in the United States is not fixed but is set by the Federal Reserve.
What is the money multiplier?It is a figure that measures the total amount of money that can be derived from a single deposit into the financial system.
It is set by the Fed though indirectly when the Fed sets the required reserve ratio. This is because the money multiplier is calculated as:
= 1 / required reserves
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When creating the complete 2nd Order Model for a regression model using job tenure (years working at that job), job experience (years working in that field), and education (high school, some college, associate's, or bachelor's), to predict income, you need to create interactions between all of the following EXCEPT:
One needs to create interactions between all of the following EXCEPT option B. high school and college. since, the model is using job tenure, it is the only option without work experience.
What is a 2nd Order Model for a regression model?The polynomial regression model has one, two, or more than two predictor variables. Each predictor variable may be present in various powers. This polynomial model is called a second-order with one predictor variable because the single predictor variable is expressed in the model to the first and second powers.
Therefore, the only predictor variable in all other options is job experience. However, option C. does not have the dominating variable.
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Market owner Lucy buys 12 cans of baby formula off of Mark--Lucy plans to sell them in her market even though she knows (or should have known) Mark got the cans of formula by illegal means. Lucy has committed the crime of:
If Mark got the cans of formula by illegal means. Lucy has committed the crime of: d. Fraud.
What is fraud?Fraud can be the defined as the act of defrauding someone by deceiving them because of the financial gain the defrauder what to gain.
Based on the given scenario the act committed by Lucy is fraudulent act because she knew the can of formula was gotten through illegal means and she went ahead to still buy it from Mark.
Therefore Lucy has committed the crime of:d. Fraud.
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The complete question is:
Market owner Lucy buys 12 cans of baby formula off of Mark--Lucy plans to sell them in her market even though she knows (or should have known) Mark got the cans of formula by illegal means. Lucy has committed the crime of:
a. larceny
b. receiving stolen goods
c. arson
d. fraud
An alcohol server must complete an abc approved rbs training program and pass an abc administered exam within ____ calendar days of employment.
An alcohol server must complete an ABC-approved rbs training program and pass an ABC-administered exam within 60 calendar days of employment.
Who is an Alcoholic Server?This refers to the person that pours the alcoholic drink to people that come to bars to buy.
Hence, we can see that based on government regulations, an alcoholic server is mandated to take an ABC-approved exam within the period of 60 days after he has been employed.
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Mr. Garrett has just entered his ma initial coverage election period (icep). What action could you help him take during this time?
The action that I could help him take during this time is have that to opportunity to enroll in a Medicare Advantage plan.
What is Medicare Advantage plan?Medicare Advantage is a health insurance plan that give help with private-sector health insurer.
This is very common in the united state, and since, Garrett has just entered his MA Initial Coverage Election Period , he can be part of the Medicare Advantage plan.
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1. What area of law protects the sale of a home?
common law
contract law
statutory law
criminal law
2. With respect to a contract, what does the term “consideration” mean?
Both parties agree to be considerate to one another.
Something of value must be exchanged between the parties.
One party offers valid terms, and the other party accepts those terms.
The terms of the contract are enforceable.
3. Which system of law is a complete set of rules enacted as a single written system or code?
common law
administrative law
civil law
statutory law
1 contract law
2 Something of value must be exchanged between the parties.
3 civil law
Why is the law important?
Laws are created for protect our general safety, and ensure our rights as citizens against abuses by other people, by organization's, and by the government itself. We have laws for help provide to our general safety.
How many kinds of Laws?
Natural or Moral Laws: Natural laws are the belief that certain laws of morality are inherent by human nature, reason, or religious belief.
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Mark and Julie are going to sell brownies and cookies for their third annual fundraiser bake sale. In one day, Mark can make 40 brownies or 20 cookies, and Julie can make 15 brownies or 15 cookies. Based on this information, ________ has the absolute advantage in making brownies and ________ has the absolute advantage in making cookies.
Based on this information, Mark has the absolute advantage in making brownies and Julie has the absolute advantage in making cookies.
What is absolute advantage?Absolute advantage refers to the notion that a company, country or person has the best ability with respect to the production of a stated service or product.
Thus, it is right to state that given the above information, Mark has the absolute advantage in making brownies and Julie has the absolute advantage in making cookies.
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A firm operating in a perfectly competitive market is a price taker because:
Firms in perfectly competitive markets are considered price takers because they do not set the price of their goods and services.
What is a price taker?This refers to a supplier who does not set the price at which they sell their own goods and services but rather takes the price set by the market.
Perfectly competitive markets are like this because suppliers have to face a lot of competition.
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A loan in which a parent deposits money with a host-country bank, which then lends the money to a subsidiary located in the host country is known as a(n) ________.
A loan in which a parent deposits money with a host-country bank, which then lends the money to a subsidiary located in the host country is known as a back-to-back loan.
What is a back-to-back loan?A back-to-back loan is a deal in which two parent corporations from separate nations borrow equal sums of money in their home currencies and lend it to the local subsidiary of the other.
While businesses could trade money on the currency markets, back-to-back loans can be more practical and provide the necessary currency. However, back-to-back loans have mainly been replaced by currency swaps and other comparable instruments. Nevertheless, these tools support global trade.
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using the trueblood criterion what is the ultimate goal of accounting?
The ultimate goal of accounting according to trueblood criterion is to predict future cash flows to the investor or creditor
What is a trueblood criterion?In accounting, its means the reporting on the past & present firm information that could help us predict future cash flow to firm.
Hence, by virtue of trueblood criterion, the ultimate goal of accounting is to predict future cash flows to the investor or creditor.
Therefore, the Option C is correct
Missing options "A) Predict future cash flows to the firm
B) Predict income to the investor or creditor
C) Predict future cash flows to the investor or creditor
D) Predict income to the firm"
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Country M wants its regional trading group of countries to have a common currency and common monetary and fiscal policies. This level of integration is called a(n) ________.
Country M wants its regional trading group of countries to have a common currency and common monetary and fiscal policies. This level of integration is called a(n) Economic Integration.
What Is Economic Integration?
Economic integration is an arrangement among nations that typically includes the reduction or elimination of trade barriers and the coordination of monetary and fiscal policies. Economic integration aims to reduce costs for both consumers and producers and to increase trade between the countries involved in the agreement.
Economic integration is sometimes referred to as regional integration as it often occurs among neighboring nations. Economic integration refers to the agreement between the economies of the world in a given geographic region in order to reduce trade barriers such as removal of trade tariffs, free flow of goods, etc. This facilitates global trade and economic cooperation wherein the countries engage them in encouraging and promoting the trade business of each other.
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The current popularity of teams can be attributed to the fact that ________. A. they outperform individuals B. they represent a better way to use employee talents C. they reduce the need for coordination and supervision D. they aid in the performance of simple tasks that do not require diverse inputs E. they strengthen the worth of individual team players over the team
Generally, the current popularity of teams are mostly due to the fact that they represent a better way to use employee talents.
What is a team popularity?This refers to a team quality of being liked, enjoyed and accepted by a large number of people.
In most times, the popularity of typical teams are because they represent a better way to use employee talents for their organizational success.
Therefore, the Option B is correct.
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