the customer’s perception of benefits of a product or service weighed against the costs of acquiring and consuming it is also known as:

Answers

Answer 1

The customer's perception of benefits of a product or service weighed against the costs of acquiring and consuming it is also known as customer value.

Customer value refers to the perceived benefits that a customer receives from a product or service compared to the costs associated with acquiring and consuming it. It takes into account the customer's evaluation of the benefits, such as functionality, quality, convenience, and emotional satisfaction, and balances them against the costs, including monetary price, time, effort, and any other sacrifices required to obtain and use the product or service.

Customer value is a subjective measure that varies from customer to customer, as individuals have different needs, preferences, and perceptions. It plays a crucial role in customer decision-making processes, as customers seek products or services that offer a higher value proposition, where the perceived benefits outweigh the perceived costs.

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Related Questions

Manitowoc Crane (U. S. ) exports heavy crane equipment to several Chinese dock facilities. Sales are currently 16. 000 units per year at the yuan equivalent of $25. 000 each. The Chinese yuan (renminbi) has been trading at Yuan8. 40/$, but a Hong Kong advisory service predicts the renminbi will drop in value next week to Yuan9. 10/$, after which it will remain unchanged for at least a decade. Accepting this forecast as given, Manitowoc Crane faces a pricing decision in the face of the impending devaluation. It may either (1) maintain the same yuan price and in effect sell for fewer dollars, in which case Chinese volume will not change; or (2) maintain the same dollar price, raise the yuan price in China to offset the devaluation, and experience a 10% drop in unit volume Direct costs are 75% of the U. S. Sales price. What would be the short-run (one-year) impact of each pricing strategy?

Answers

In conclusion, based on the short-run impact analysis, Manitowoc Crane should choose Strategy 1, which involves maintaining the same yuan price and in effect selling for fewer dollars, but without a decrease in Chinese volume. This strategy would result in a positive profit of $111,619,040.

Maintain the same dollar price, raise the yuan price in China to offset the devaluation, and experience a 10% drop in unit volume.

Let's analyze the short-run (one-year) impact of each strategy:

Strategy 1: Maintain the same yuan price and in effect sell for fewer dollars

At the current exchange rate of Yuan8.40/$, the price of each crane is:

$25,000 / Yuan8.40 = Yuan2,976.19

If the renminbi is devalued to Yuan9.10/$, the yuan price of each crane would remain the same, but the dollar price would decrease:

Yuan2,976.19 x Yuan9.10/$ = $25,676.19

The short-run impact of this strategy would be that Manitowoc Crane would continue to sell 16,000 cranes in China, but at a lower dollar value. The new dollar revenue would be:

$25,676.19 x 16,000 = $411,619,040

The direct costs are 75% of the U.S. sales price, which means the direct cost per crane is:

$25,000 x 75% = $18,750

The total direct cost of producing and selling 16,000 cranes would be:

$18,750 x 16,000 = $300,000,000

Therefore, the short-run profit for this strategy would be:

$411,619,040 - $300,000,000 = $111,619,040

Strategy 2: Maintain the same dollar price, raise the yuan price in China to offset the devaluation, and experience a 10% drop in unit volume

If Manitowoc Crane maintains the same dollar price of $25,000 per crane, it would need to raise the yuan price to offset the devaluation:

$25,000 / Yuan9.10 = Yuan2,747.25

This is a 8.0% increase from the current yuan price of Yuan2,976.19.

However, this strategy would result in a 10% drop in unit volume, so the new Chinese sales volume would be:

16,000 x 0.9 = 14,400 units

The new yuan revenue would be:

Yuan2,747.25 x 14,400 = Yuan39,542,800

At the new exchange rate of Yuan9.10/$, the dollar revenue would be:

Yuan39,542,800 / Yuan9.10/$ = $4,346,116.48

The direct cost per crane is still $18,750, so the total direct cost of producing and selling 14,400 cranes would be:

$18,750 x 14,400 = $270,000,000

Therefore, the short-run profit for this strategy would be:

$4,346,116.48 - $270,000,000 = -$265,883,552

This means that the company would actually lose money in the short-run by implementing this strategy.

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Resources that are held by the public are said to be resources in the
A. joint.
B. sharing.
C. common.
D. domain.

Answers

Resources that are held by the public and can be accessed and used by anyone are known as common resources. The correct answer is C. common.

These resources are typically available for public use and are not privately owned or controlled. Examples of common resources include air, water, public parks, and public roads. The concept of common resources is important in environmental and natural resource management, as it raises questions about how to ensure that these resources are used sustainably and equitably.

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Arrange the steps of the decision-making process to solve a problem in the correct order.

Answers

Answer:

add, mutilply, subtract, and divide

Explanation:

i want to say that because we was taught that in school a special unique was taught to learn it

Answer:

see image for the exact answer

Explanation:

Arrange the steps of the decision-making process to solve a problem in the correct order.

Susan works for a salary of $3,600 per month. She has federal income tax withheld at the rate of 15%, Social Security tax at the rate of 6.2%, Medicare tax at the rate of 1.45%, and health insurance premiums of $48 per month. Susan also contributes to a savings plan. Each month, 2% of her gross pay is placed in the plan.

Answers

Answer:

$2,664.68

Explanation:

Salary $3,600

Overtime $0

Gross Pay:$3,600

Required Deductions:

Federal Tax(15%*3,600) $540

Social Security Tax(6.2%*3,600) $223.2

Medicare Tax(1.45%*3,600) $52.12

Voluntary Deductions:

Health Insurance 48

Union Dues $0

Retirement $0

Savings:( 2% *3,600)72

Other:

Total Deductions:935.32

Net Pay: (3,600-935.32) $2,664.68

Therefore Susan Net pay will be $2,664.68

Which of the following job search materials is the most important?
A. resume
B. list of references
C. cover letter
D. personal information card

Answers

Answer: A

Explanation:

Your resume is what you are telling the boss about you, your skills, your accomplishments, and what you do in the internet. This will prove if you get the job or not and I think this is the most important.

A resume is one of the most important materials for job searching. Hence, option A is appropriate.

What is a Resume?

Job seekers must create a formal paper called a resume to describe their qualifications for a position. A personalized cover letter that is included with a resume typically conveys interest in a particular position or business and attracts attention to the CV's most crucial details.

A CV, usually called résumé, is a formal record used to describe a person's professional experience and skill set. It is typically made to aid an applicant in finding a new job. A professional overview, work history, as well as education parts make up a conventional resume.

The goal of a resume would be to persuade potential employers that you are qualified for just a position and therefore warrant an interview. Many job seekers are under the impression that their resumes must provide a detailed account of their professional experiences. Consider your resume as just an advertisement for yourself instead.

Hence, option A is correct.

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When Denisha sells the jewelry she makes at craft fairs or on her personal website, she is utilizing a(n) ________ marketing channel\

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Based on the fact that Denisha sells her jewellery on her personal website, then she is making use of:

Direct marketing channel

What is Direct marketing channel?

This refers to the process of selling merchandise to the sellers without the use of intermediaries or middlemen.

With this in mind, we can see that because Denisha sells her jewellery directly to the buyers on her personal website, then she is making use of direct marketing channel,.

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If you are trying to establish a credit history, would you use credit to make a purchase even if you could pay cash? Why?

Answers

Answer:

By using credit, you're building up your overall score. Cash purchases go unnoticed by companies and your bank.

Explanation:

(This class is called life management)

A basic decision that you make every day about every day things are known as:

A) Major Decisions
B) Routine Decisions
C) Classic Decisions
D) Life altering decisions

Answers

Answer:

B is answers for the question

Explanation:

please give me brainlest and follow me

garden-grow products is considering a new investment whose data are shown below. the equipment would be depreciated on a straight-line basis over the project's 3-year life, would have a zero salvage value, and would require some additional working capital that would be recovered at the end of the project's life. revenues and other operating costs are expected to be constant over the project's life. what is the project's npv? (hint: cash flows are constant in years 1 to 3.) project cost of capital (r) 10.0% net investment in fixed assets (basis) $75,000 required new working capital $15,000 straight-line deprec. rate 33.333% sales revenues, each year $75,000 operating costs (excl. deprec.), each year $25,000 tax rate 25.0%

Answers

The project Npv of Garden grow product is $23,852.37

What's project NPV?

Net present value( NPV) refers to the difference between the value of cash now and the value of cash at a future date. NPV in project operation is used to determine whether the expected fiscal earnings of a project will overweigh the present- day investment — meaning the project is a worthwhile undertaking.The net present value or net current worth applies to a series of cash overflows happening at other times. The present value of a cash inflow depends on the interval of time between now and the cash inflow. It also depends on the reduction rate. NPV accounts for the time valuation of money.

Evaluating projected npv :

Depreciation per year = 75000/3

                                         = 25000

Cash flow in year 0 = -75000-15000

                                    =   -90000

Profit before tax = sales - operating cost - depreciation

                          =      75000-25000-25000

                                                = 25000

                   Tax = 35% × 25000

                                      = 8750

Net income = 25000× (1-35%)

                             = 16,250

Cash flow in years 1 and 2 = net income + depreciation

                                      = 16,250+25000                                                    

                                      = 41,250

Cash flow in year 3 = 41,250 + 15000 (recovered from working capital)

                                         = 56,250

NPV = -90000+41,250 ÷ 1.1¹ +41,250 ÷ 1.1² +56,250 ÷ 1.1³  

                                  = $23,852.37

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A building rents for $5 per square foot, and there is an index of 1.5. the following year the index climbs to 1.8. the rent is tied to the index. what will the rent be per square foot?

Answers

The rent per square foot will be $6.

Given,

initial index = 1.5

increased index = 1.8

rent = $5 per Sq. feet

Divide the new index by the original index.

1.8 ÷ 1.5 = 1.2        ...(1)

Multiply the answer from step one by the original rent.

1.2 x $5 = $6 adjusted rental rate.

What is a percentage lease?

A percentage (overage) lease involves a minimum monthly rent, plus a percentage of the gross sales in excess of an amount specified in the lease. Mostly used for income producing property, with the easiest

and best example being how a company would pay rent when renting a space in a mall paying a fixed monthly fee and then at the end of the year paying an extra sum based on sales.

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The KimTay database must combine data from all of its tables in order to print a(n) _____. -inventory report -invoice -sales rep directory -customer directoryAs Figure 1-1 shows, a KimTay invoice includes information that is stored in all five database tables: customer information, the sales rep's name, invoice number and date, purchased line items, and item descriptions

Answers

The KimTay database must combine data from all of its tables in order to print an invoice.

An invoice is a document that contains information about a customer's purchase, including the items purchased, the prices of the items, the total amount due, and other relevant details. In order to create an invoice, the KimTay database needs to combine data from all five of its tables, including the customer information table, the sales rep directory table, the inventory table, the invoice table, and the line item table.

By combining information from these tables, the database can generate an accurate and complete invoice for each customer transaction.

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______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???

Answers

Answer : Monopolistic competition

Answer:

Monopolistic Competition

Explanation:

In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.

Louis files as a single taxpayer. In April of this year, he received a $900 refund of state income taxes that he paid last year.
How much of the refund, if any, must Louis include in gross income under the following independent scenarios? Assume the standard deduction last year was $12,400. (Leave no answer blank. Enter zero if applicable.)
a. Last year Louis claimed itemized deductions of $12,650. Louis’s itemized deductions included state income taxes paid of $1,750 and no other state or local taxes.
Refund to be included in gross income.....?
b. Last year Louis had itemized deductions of $10,800 and he chose to claim the standard deduction. Louis’s itemized deductions included state income taxes paid of $1,750 and no other state or local taxes.
Refund to be included in gross income.....?
c. Last year Louis claimed itemized deductions of $13,840. Louis’s itemized deductions included state income taxes paid of $2,750 and no other state or local taxes.
Refund to be included in gross income.....?

Answers

the refund to be included in gross income is $0.

a. In scenario a, Louis claimed itemized deductions of $12,650, which included state income taxes paid of $1,750. Since Louis received a refund of $900 of the state income taxes paid last year, he must include the refund amount in his gross income. Therefore, the refund to be included in gross income is $900.

b. In scenario b, Louis had itemized deductions of $10,800 but chose to claim the standard deduction. Since Louis did not itemize his deductions for state income taxes paid, he does not need to include the refund in his gross income. Therefore, the refund to be included in gross income is $0.

c. In scenario c, Louis claimed itemized deductions of $13,840, which included state income taxes paid of $2,750. However, since the standard deduction last year was $12,400, Louis would have been better off claiming the standard deduction. Therefore, Louis did not actually pay the state income taxes of $2,750. As a result, he does not need to include the refund in his gross income.

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NEED HELP ASAP 10 POINTS
The production, purchase, and sale of goods in a world-wide market is known as the _____.

Answers

Answer:

I think it's global economy

Cash is an _____.
A) asset
B) expense
C) none of the above

(question is from small business entrepreneurship A)

Answers

A. Asset

Explanation:

-asset is a useful or valuable thing

What do most business people think is the primary purpose of business?

A. To fix the problems of society

B. To invest all profits back into the business

C. To protect private property

D. To generate wealth

Answers

The most business people think generating wealth is the primary purpose of business. Therefore, option D is the correct option.

What is business?

Businesses are economic activities. The activity of the business is performed by the people either in order to make money or to make simply a living. The activity of the business is performed by manufacturing goods, producing services, buying, and selling.

The major purpose of business is to earn profits. However, some businesses are in social service as well, they produce goods and services for the betterment of the society and the environment. Also, corporate social responsibility, which is paid by the business to the government helps in many ways.

The majority of businesspeople believe that making wealth is the main goal of their industry. As a result, choice D is the best one.

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When and where does credit risk management of MUFG enter the
processes?

Answers

Credit risk management in MUFG (Mitsubishi UFJ Financial Group) is an integral part of their overall risk management framework and enters various processes throughout the organization.

An organization is a structured entity formed by individuals with a common purpose or goal. It typically consists of people, resources, and processes organized in a hierarchical or functional structure to achieve specific objectives. Organizations can be of various types, such as businesses, non-profit organizations, government agencies, or educational institutions. They have defined roles, responsibilities, and a framework of authority to facilitate coordination and decision-making.

Organizations often have clear hierarchies with levels of management and departments that collaborate to accomplish tasks and meet objectives. They may also have established policies, procedures, and systems to ensure efficient operations, effective communication, and accountability. Successful organizations foster a positive work culture, encourage innovation, and adapt to changes in the external environment to thrive and fulfill their mission.

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an oversupply of goods and services coupled with insufficient money to purchase them can result in _______, which can cause economic recession.

Answers

An oversupply of goods and services coupled with insufficient money to purchase them can result in a situation called "deflationary spiral," which can cause economic recession.

In a deflationary spiral, declining prices lead to decreased consumer spending, which further reduces demand and leads to additional price decreases. This cycle can result in economic contraction, reduced business activity, and a decline in overall economic output.

An oversupply of goods and services refers to a situation where the production or availability of products and services exceeds the demand for them. Insufficient money to purchase them implies a lack of purchasing power or decreased consumer spending in the economy.

When there is an oversupply of goods and services combined with insufficient money to purchase them, it creates a mismatch between supply and demand. Suppliers are left with excess inventory, leading to downward pressure on prices as they try to sell their products. This can lead to a situation called deflation, where prices decrease over time.

Deflation can have negative consequences for the economy. As prices decline, consumers may delay their purchases in anticipation of even lower prices in the future. This further reduces demand and can lead to a decline in production and employment levels. Businesses may struggle to sell their products, resulting in reduced revenues and potential financial difficulties. This downward spiral can ultimately lead to an economic recession, characterized by a decline in economic growth and overall economic activity.

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If the internal rate of return exceeds the discount rate, then the net present value of a project is:
A) positive
B) negative
C) zero
D) one

Answers

If the internal rate of return exceeds the discount rate, then the net present value of a project is: A) positive.

What is IRR?

In Project management, IRR is an abbreviation for internal rate of return and it can be defined as a metric that is typically used in financial analysis in order to estimate the profitability of all potential projects or investments for a business organization or investor.

This ultimately implies that, internal rate of return (IRR) has the ability to discount the cash in-flows and out-flows of a project to a sum that would be equal to zero (0).

In this context, we can reasonably infer and logically deduce that the net present value (NPV) of a project would be positive when the internal rate of return (IRR) exceeds the discount rate i.e the internal rate of return (IRR) is greater than the discount rate of the project.

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Using the mid-point formula, the cross-price elasticity is __________ and the goods are __________.

Answers

Using the mid-point formula, the cross-price elasticity is equal to zero and the goods are unrelated or independent.

The mid-point formula measures the price elasticity of demand between two price points. Cross-price elasticity of demand measures the responsiveness of quantity demanded for one good to the change in the price of another good.

Using the mid-point formula, the cross-price elasticity is a unitless number and the goods are substitutes or complements.

The mid-point formula for cross-price elasticity is given by:$$\frac{\frac{Q_{2}-Q_{1}}{\frac{Q_{1}+Q_{2}}{2}}}{\frac{P_{2}-P_{1}}{\frac{P_{1}+P_{2}}{2}}}$$Here, Q1 and Q2 are the initial and final quantities demanded, respectively, while P1 and P2 are the initial and final prices of one good.

If the cross-price elasticity is greater than zero, then the two goods are substitutes, while if it is less than zero, then the two goods are complements. If the cross-price elasticity is equal to zero, then the two goods are unrelated or independent.

In conclusion, the cross-price elasticity of demand using the mid-point formula is a unitless number, and the goods are substitutes or complements.

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in , the company identifies specific portions of the project that can be completely designed, developed, implemented, and operated by another firm that specializes in a particular function. group of answer choices partial outsourcing late outsourcing early outsourcing fast venturing

Answers

In partial outsourcing, the company identifies specific portions of the project that can be completely designed, developed, implemented, and operated by another firm that specializes in a particular function.

The goal of outsourcing is to reduce costs and improve performance by allowing companies to concentrate on their core competencies. Outsourcing is the process of transferring the responsibility for a business process or service to a third-party provider.

Partial outsourcing is when the organization outsources only certain elements of its business to external companies. This is a fantastic way for businesses to save money on non-core activities while concentrating on the ones that are important to them.

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In
, people invest money in a company in exchange for the company’s
.


Answers

Answer:

In equity crowdfunding, people invest money in a company in exchange for the company’s shares

Explanation:

Equity crowdfunding is the process in which people invest in start up companies and early stage companies that have not been listed on a stock market in exchange for shares in that company. As a result of the investment, the person becomes a shareholder and makes profit when the company do well but if the company fails, shareholders make losses.

Startups and early-stage companies use this method to raise capital.

The term ____________________ describes the increasing connectedness of societies and their economies as a result of developments in transportation and communication.

Answers

The term globalization describes the increasing connectedness of societies and their economies as a result of developments in transportation and communication.

What is Globalization?

This refers to the connectedness between different societies which brings them closer in terms of development and communication.

Hence, we can see that as a result of globalization, we can see that the world is now a global village and communication is fast and instant even across great distances.

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how do you wrrite the word pneumonoultramicroscopicsilicovolcanoconiosi aand what does it mean?

Answers

Answer:

Pneumonoultramicroscopicsilicovolcanoconiosis

Explanation:

Pneumonoultramicroscopicsilicovolcanoconiosis is a phrase used to describe a lung condition produced by inhaling silica dust, as in I had difficulty breathing and my doctor diagnosed me with pneumonoultramicroscopicsilicovolcanoconiosis.

what is financial statement?​

Answers

Answer:

Financial statements are a collection of summary-level reports about an organization's financial results, financial position, and cash flows. They include the income statement, balance sheet, and statement of cash flows.

answer this question plz n thank you. (posted the 1st n 2nd question. gonna post 2 other ones.)
3. Many jobs in the Personal Services pathway—such as hairdresser, personal trainer, massage therapist or barber—involve caring for people’s physical needs. List two important qualities that might be needed for success in these kinds of careers and explain how each of the qualities you mentioned are important to finding success in this field.

Answers

Answer:

Confidece, and empathy.

Explanation:

Confidence to know you will do great at your job, and empathy to know how others feel about themselves!

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In order to implement contractionary policy, the government and central bank must _____ goverment spending _______ taxes, and _____ interst rates.​

Answers

Answer:

increase, decrease, decrease

Explanation:

Tomorrow is my interview in Lucknow Public School for 9th standard. Can anyone help me by giving some tips and tricks​

Answers

Interview questions vary from school to school.

Prepare for:

1. Your introduction

NameAgeFavorite subjectHobbies

Be prepared for some basic questions on your favorite subjects and hobbies.

2. General Knowledge

Current affairsNational symbolsYour regional questionsBasic math, science, social science questions.

3. Previous years questions

Questions from 8th grade.

4. Why do you want admission in this school?

It will be beneficiary if you tell them something like that they are reputated and they have the best facilities etc.Never say anything bad about your previous school, it is a bad impression. Just say that previous one was good too, but this is better.

All of us must make decisions based on opportunity costs every day. What are five decisions based on opportunity costs that you commonly make? Explain and discuss.

Answers

A student spends three hours and $20 at the movies the night before a test. The opportunity cost includes both the time spent learning and decisions the money that could have been spent elsewhere.

A farmer decides to plant wheat; the opportunity cost is planting a different crop or using the resources in another way . Because of scarcity, whenever we do one thing, we must necessarily forego doing something else decisions valuable. So everything we do has an opportunity cost, and that cost is stated in terms of the most valuable option that is forfeited. Many areas of life decisions involve opportunity cost.

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which of the four ps of the marketing mix is typically the easiest to change and therefore makes it a powerful tool for firms that are looking to quickly adjust their market share or revenues?

Answers

The easiest of the four Ps of the marketing mix to change is the price.

Pricing is a powerful tool for companies that are looking to quickly adjust their market share or revenues. Companies can adjust their price to either increase or reduce demand, depending on their goals.

For example, if a company wants to increase their market share, they can lower their price to make their product more accessible and attractive to potential customers. Conversely, if a company wants to reduce their market share, they can raise their price, so that their product is less attractive relative to their competitors.

The ability to quickly adjust pricing makes it a powerful tool for companies looking to quickly adjust their market share or revenues.

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