what is price elascity of demand?
i,A mearure of the extent to which price changes when the quantity demandes changes
ii,A measure of the extent to which the quantity demanded changes when price changes
iii,A measure of the extent to which total revenue changes when price changes
iv,A measure of the extent to which price changes when total revenue changes
*-CHOOSE THE CORRECT ANSWER-*​

Answers

Answer 1

The price elasticity of demand is ii. A measure of the extent to which the quantity demanded changes when the price changes.

Price elasticity of demand (PED) is a concept used in economics to understand how sensitive the demand for a good or service is to changes in its price. It measures the percentage change in quantity demanded in response to a 1% change in price. If the demand is highly responsive to price changes, the demand is said to be elastic. If the demand is less responsive to price changes, it is considered inelastic.

A high price elasticity of demand indicates that consumers are very sensitive to price changes, resulting in a relatively large change in the quantity demanded. This often occurs with goods or services that have readily available substitutes, where consumers can easily switch to alternatives if prices rise.

Conversely, a low price elasticity of demand indicates that consumers are not very responsive to price changes, resulting in a relatively small change in the quantity demanded. This often occurs with goods or services that are necessities or have limited substitutes, where consumers are willing to pay higher prices despite changes in price.

Understanding the price elasticity of demand is crucial for businesses and policymakers in determining pricing strategies, forecasting demand, and assessing the impact of price changes on total revenue. By knowing the price elasticity of demand, producers can adjust prices strategically to maximize revenue or market share based on consumer responsiveness to price changes. Therefore, the correct option is ii.

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Related Questions

Question 7 of 10
The Better Business Bureau maintains business profiles weighing:
A. the number of legal actions against the number of positive online
reviews a company receives.
OB. the number of stars and reviews a company receives online.
C. the number of unresolved complaints and legal actions against a
company.
OD. the number of employees and employee compensation in a
company

Answers

The Better Business Bureau maintains business profiles weighing by B. the number of stars and reviews a company receives online.

What is Better Business Bureau?

It should be noted that the Better Business Bureau builds a foundation of trust for the employee and the consumers to count on.

Here, the Better Business Bureau maintains business profiles weighing by reviewing the number of stars and reviews a company receives online.

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A team memeber has asked you to help with something very important. You have a lot of work to do yourself

Answers

I would assess urgency and importance of their request and see if I can prioritize it alongside my own tasks.

I will communicate and let them know my availability and any potential delays.

What are the likely considerations when helping the team member?

In this case, one must communicate openly with the team member about your availability and any potential delays. It will also be helpful to set clear expectations about the timeline and scope of the task to avoid misunderstandings or miscommunications.

As well, one can find balance between helping team member and completing your own tasks which is key to maintaining productivity and positive working relationships.

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Latasha is the manager of a Burger King store. Which of the following actions would lead you to believe that Latasha is not a modern manager?

Answers

To accomplish particular objectives, managers plan, organize, direct, and control resources. The best strategy to accomplish their goals is determined throughout the planning process store. In order to execute the company's strategy, resources (people, capital, and equipment) must be allocated.

A manager is essential to the success of any firm. He serves as a leader for others, plans employee activities, delegated authority to subordinates, makes significant choices, manages human relations activities, serves as an organization spokesperson ,store etc. Most leaders place a premium on hard talents that can be assessed, like typing speed or software understanding, but modern managers need soft skills like emotional intelligence.

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which statement about 401(k) plans is true?

Answers

The fact that 401(k) plans are employer-sponsored is the accurate statement. These are the retired accounts that, in most cases, are sponsored by businesses.

Which of the following statements is true about a 401(k) plan?

It is a retirement savings plan where the employee makes contributions to a retirement account and the employer, in some cases, matches some or all of those contributions. Benefits from a 401(k). Employee incentives including tax rebates and employer contributions are abundant with 401(k) plans.

What are 401 K plans used for primarily?

Employees can contribute a portion of their salaries to individual accounts through a qualified profit-sharing plan provision called a 401(k). The employee's taxable income does not include elective pay deferrals.

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Question:-

Which statement about 401(k) plans is true?

A. 401(k) plans are sponsored by employers.

B. Employees can contribute an unlimited amount of income to

401(k) plans.

C. Employees are not allowed to make contributions to 401(k) plans.

D. 401(k) plans provide only one option for investment

It is also ​why businesses which produce goods or services​​ of a specialized ​kind,which appeal only to ​limited number of consumers​ such as very luxurious ​car or expensive​ fashion clothing _____?
​​​

Answers

Because business has always been an important part of the economy. And in the economy, both people who need luxury and who does not.

Who is a consumers?

Consumers are those who buy products for their own needs and use or consume them. Although a customer cannot resell the good, product, or service, he or she may use it to support himself or herself and engage in self-employment.

The person who uses any goods or services on a daily basis is the consumer. Consumers are anyone who purchases goods or services and consumes them with the buyer's consent.

This includes anyone else. Consumers include any individual or group of individuals who purchase goods or services from the buyer but do so without the buyer's knowledge or consent. The consumer can also be referred to as the final user of the goods or services.

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How long after the date of filing a license application does an applicant have to pass the real estate licensing examination in Texas?

Answers

In Texas, an applicant has 90 days after the date of filing a license application to pass the real estate licensing examination. If the applicant does not pass the examination within this time period, the license application will expire and the applicant will need to file a new application and pay the associated fees. It is important for applicants to be prepared and to schedule their examination as soon as possible after submitting their license application in order to ensure that they are able to meet this deadline.

What will produce more accurate results when giving a survey?
A. Using the word "frequently" in a question
B. Creating face-to-face interviews
C. Adding boxes to check for answers
D. Creating an open questions

Answers

Answer:

Option B; Creating face-to-face interviews

Explanation:

Research has shown that face-to-face interviews tend to produce more accurate results when giving a survey. So the correct answer is option B.

most of a distribution manager's decisions must balance cost reduction against which other benefit?

Answers

Answer: Superior customer service

Explanation:

Just took the quiz

A company is preparing the budgets for the third quarter of 2022.

Projected sales (in units) are as follows:
July 600 Units
August 680 units
September 750 units
October 800 units

The company policy is to have finished goods and materials inventory of 20% of the next month's projected sales and production respectively. 2.5 Kg of materials are required per unit at Sh 15 per Kg. Assuming that opening inventory of 120 units and 300 Kg of materials are expected for July, and 350 Kg of materials stocks at the end of September
Find the :
Production budget
Material budget
Purchase budget

Answers

1. The Production budget of the company for the third quarter of 2022 is as follows:

Production Budget:

Ending inventory                  136          150             160

Projected sales (in units)    600         680            750              800

Goods available for sale    736          830            910

Beginning inventory           120           136            150              160

Production units                 616          694            760

2. The Material budget of the company for the third quarter of 2022 is as follows:

Materials Budget:

Production units                   616                  694                  760

Production materials        1,540                1,735                1,900

Beginning inventory         300                  347                   380

Ending inventory               347                  380                  350

3. The Purchase budget of the company for the third quarter of 2022 is as follows:

Purchases Budget:

Ending inventory                347                  380                   350

Production materials       1,540                1,735                1,900

Materials available          1,887                 2,115               2,250

Beginning inventory         300                  347                   380

Purchases                       1,587                1,768                 1,870

Cost of purchases  Sh23,805        Sh26,520         Sh28,050

Data and Calculations:

                                              July     August   September    October

Projected sales (in units)      600        680           750              800

Beginning Inventory:

Finished goods                     120          136             150              160

Ending Inventory:

Finished goods = 20% of next month's sales

Materials = 20% of next month's production

July Beginning Inventory:

Finished goods = 120 units

Materials = 300 kg

September Ending Inventory:

Materials = 350 kg

Cost of materials per kg = Sh15

Materials usage per unit = 2.5 kg.

Thus, the production, material, and purchase budgets have been prepared.

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Super Garage was started on June 1 by Mr. Peter Thomson . A summary of June transactions

is presented below.

June 1. Invested $25,000 cash to start the garage.

2. Purchased repair equipment for $5,000 cash.

4. Paid $500 cash for the space rent.

4. Hired an employee

5. Paid $700 for a one-year fire insurance policy.

6. Received $10000 in cash from customers for repair service.

10. Provided repair service on account to customers $1750.

21. Collected cash of $5000 for services provided on June 6.

27. Withdrew $1,000 cash for personal use.

30. Paid employee salaries $3,000.

30. Received an electricity bills $170.

Required:

i. Journalize the transactions

ii. Post and balance the transactions to ledger accounts

Answers

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Using activity-based costing to make decisions
Dino Dog Collars uses activity-based costing. Dino's system has the following features:
Predetermined Overhead
Activity
Allocation Base
Allocation Rate
Purchasing Number of purchase orders $ 65.00 per purchase order
Assembling Number of parts
0.36 per part
Packaging Number of finished collars
0.25 per collar
Each collar has four parts, direct materials cost is $9.00 per collar, and direct labor cost
is $4.00 per collar. Suppose Animal Hut has asked for a bid on 25,000 dog collars. Dino
will issue a total of 150 purchase orders if Animal Hut accepts Dino's bid.
Requirements
1. Compute the total estimated cost Dino will incur to purchase the needed materials
and then assemble and package 25,000 dog collars. Also compute the cost per collar.
2. For bidding, Dino adds a 40% markup to total cost. What total price will the
company bid for the entire Animal Hut order?
3. Suppose that instead of an ABC system, Dino has a traditional product costing
system that allocates indirect costs at the rate of $9.60 per direct labor hour. The dog
collar order will require 12,000 direct labor hours. What total price will Dino bid using
this system's total cost?
4. Use your answers to Requirements 2 and 3 to explain how ABC can help Dino
make a better decision about the bid price it will offer Animal Hut.

Using activity-based costing to make decisionsDino Dog Collars uses activity-based costing. Dino's system

Answers

Dino Dog Collars calculates the cost of producing 25,000 dog collars using activity-based costing. The total estimated cost, cost per collar, and bid price are calculated with a 40% markup.

What is the importance of ABC to management decision making?

ABC is an accounting methodology that assigns indirect costs to products or services based on the activities that generate those costs. Unlike traditional costing methods, which allocate indirect costs based on a single cost driver, ABC allocates costs based on multiple cost drivers, providing a more accurate picture of a product's or service's true cost. ABC's value to management decision making stems from its ability to provide more accurate and relevant cost information. Managers can use ABC to determine which activities are causing costs, where inefficiencies exist, and how to optimise processes to reduce costs and increase profitability. ABC assists managers in making informed pricing decisions by providing a better understanding of the true cost of products and services.

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Question 16 of 40
What is the difference between specialization and cross-training?
A. Specialization is for employees at the top management level of
the company while cross-training is for employees at the entry
level.
B. Specialization is for employees who love what they do while cross-
training is for employees who don't love any one particular area of
their work.
C. Specialization leads employees to focus on a single skill or task
while cross-training deals with training employees in multiple skills
or tasks.
D. Specialization is for employees who have an advanced degree
while cross-training is for those who do not have an advanced
degree.

Answers

The correct answer is C) , Specialization leads employees to focus on a single skill or task while cross-training deals with training employees in multiple skills or tasks.

Specialization and cross-training differ in terms of the focus of training and development. Specialization involves employees focusing on developing expertise in a particular skill or area of work. It often involves becoming highly proficient and knowledgeable in a specific field or task.

Specialization allows employees to become experts in their chosen area and can lead to increased efficiency and productivity in that particular domain.

On the other hand, cross-training involves training employees in multiple skills or tasks that are outside of their primary area of expertise. It aims to provide employees with a broader skill set and the ability to perform different roles within an organization.

Cross-training helps in creating a more flexible workforce that can adapt to changing needs and handle a variety of tasks. It also enhances collaboration and teamwork by enabling employees to understand and appreciate the work of their colleagues in different areas.

Specialization and cross-training are both valuable approaches depending on the organizational needs and employee roles.

Specialization is beneficial when deep expertise and mastery in a specific area are required, while cross-training is advantageous for fostering versatility and adaptability among employees.

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A survey found that 76% of men preferred darker jeans. if 500 men were sureveyed, how many answered that they preferred darker jeans

Answers

Answer: 380 men preferred darker jeans

Explanation:

76% of 500 is 380

Fabert Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with 16,000 units in its beginning work in process inventory that were 40% complete with respect to conversion costs. An additional 60,000 units were transferred in from the prior department during the month to begin processing in the Assembly Department. During the month 65,000 units were completed in the Assembly Department and transferred to the next processing department. There were 11,000 units in the ending work in process inventory of the Assembly Department that were 50% complete with respect to conversion costs. What were the equivalent units for conversion costs in the Assembly Department for the month

Answers

Answer: 70,500 units

Explanation:

Equivalent units for Conversion = Units completed and transferred out + Equivalent units for closing Work in Process

Equivalent units for closing Work in Process:

= 11,000 * 50%

= 5,500 units

Equivalent units for Conversion = 65,000 + 5,500

= 70,500 units

The units-of-production method is ideal for equipment whose activity
a
can be measured in units of output.
b
can be measured in units of input.
c
is consistent from year to year.
d
is based on time.

Answers

The units-of-production method is ideal for the equipment whose activity can be measured in units of output. The units-of-production method is a depreciation method. Thus option (a) is correct.

What is output ?

The output refers to the quantity of goods or products produced by the manufacturing process during a given period of time.

The output of a factory can be measured in different ways, such as the number of units produced, the weight of the products, or the volume of goods produced.

The units-of-production method is particularly useful for equipment that produces a measurable output or activity.

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what is amortization?​

Answers

Answer:

is the spreading payments over multiple periods.

Explanation:

The term is used for two separate processes: amortization of loans and amortization of assets. In the latter case it refers to allocating the cost of an intangible asset over a period of time.

The term is used for two separate processes: amortization of loans and amortization of assets. In the latter case it refers to allocating the cost of an intangible asset over a period of time.

Formula

FormulaAmortization calculator

\(a = p \frac{i(1 + i) {}^{n} }{(1 + i) {}^{n} - 1 } \)

A = periodic payment amount

A = periodic payment amountP = amount of principal, net of initial payments

A = periodic payment amountP = amount of principal, net of initial paymentsi = periodic interest rate

A = periodic payment amountP = amount of principal, net of initial paymentsi = periodic interest raten = total number of payments

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What are examples of Information Technology careers?

Answers

Answer:

web developer

information security analyst

product safety engineer

computer user support specialist

computer programmer

some careers in information technology are listed below;

Computer TechnicianComputer EngineerWeb MasterProgrammerData ArtchiterComputer DesignerSoftware EngineerSoftware TrainerInformation technology TeacherIT Manager

You are the manager of an off-site airport auto rental office. An employee has informed you that the shuttle bus driver, who is a reformed alcoholic, was recently arrested on a driving under the influence charge. He is your most reliable employee; however, you are concerned with the safety of your employees and customers.

Questions:
1. What is the ethical dilemma?


2. Name all the primary and secondary stakeholders
Primary:


Secondary:





3. What would an individual that believed the following ethical foundations recommend that you should do (not a definition)? In other words, put yourself in the place of that philosophy to determine your recommendations.

Cultural relativism:



Subjectivism:


Religion:




4. Which response, if any comes closest to your thinking? Explain why or why not?




5. Response Question
Should a company’s concern for the safety of its employees and customers override the medical needs of a single employee? Explain why or why not?

Answers

The ethical dilemma is whether u wanna look at the safety at staff or customers or wanna remove the driver from the job bc he could get drunk

Customers and staff- primary stakeholders

staff union and future shareholders of the company bc the image of the bus company will get harmed- secondary stakeholders

i only know the answer to the first 2 hope this helps x!!

discuss the 8-point socioeconomic agenda of the marcos administration

Answers

President Ferdinand "Bongbong" Marcos Jr.'s economic team unveiled his administration's eight-point economic program on Monday.

What exactly did Bongbong Marcos do?

From 1992 until 1995, Marcos served as the Representative of Ilocos Norte's 2nd congressional district. In 1998, he was re-elected Governor of Ilocos Norte. He returned to his old post as Congressman from 2007 to 2010, then as Senator for the Nacionalista Party from 2010 to 2016.

Marcos, who governed by decree after that, restricted press freedom and other civil freedoms, disbanded Congress, controlled media outlets, and ordered the imprisonment of opposition leaders and militant activists, including his staunchest adversaries, Senators Benigno Aquino Jr. and Juan Ponce Enrile.

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What should you click and drag to rotate an image or text box?
O the top right corner of the image or text box
O the clear arrow above the image or text box
the lower left corner of the image or text box
O the red box at the center of the image or text box

Answers

To rotate an image or text box, you should: A.  the top right corner of the image or text box.

What should you click and drag to rotate an image or text box?

Typically, when you hover your mouse over the corner of the image or text box, the cursor will change to a curved arrow, indicating that you can click and drag to rotate the element.

This allows you to freely adjust the angle of the element to your desired orientation. Some software may have slightly different interfaces, but in general, rotating an image or text box by clicking and dragging the top right corner is a common method across many applications.

Therefore the correct option  is A.

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Answer:

B) the clear arrow above the image or text box

Refer to the table. If demand is represented by columns (3) and (1) and supply is represented by columns (3) and (4), equilibrium price and quantity will be.(The graph and answers for the question is in the picture below)
$9 and 60 units.
$10 and 60 units.
$8 and 80 units.
$8 and 60 units.
$9 and 70 units.

Refer to the table. If demand is represented by columns (3) and (1) and supply is represented by columns

Answers

If demand is represented by columns (3) and (1) and supply is represented by columns (3) and (4), equilibrium price and quantity will be option A: $9 and 60 units.

Why is the above at equilibrium price and quantity?

Demand and supply forces are balanced at an equilibrium price. Prices have a propensity to return to this equilibrium unless certain demand or supply characteristics alter. When demand, supply, or both move or change, the equilibrium price will be altered.

Therefore, The quantity supplied exceeds the quantity required when the price is above the equilibrium market price because suppliers will be willing to supply more at that price and consumers will be willing to buy less at that price.

Looking at the table, you will see that the quantity demanded at  $9 was the quantity supplied (60 units), hence it is at the equilibrium.

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Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $19.00 per direct labor-hour and $15.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $21.00 per hour. The following information pertains to Job N-60: Assembly Testing & Packaging Direct materials $ 375 $ 39 Direct labor $ 168 $ 84 Required: 1. What is the total manufacturing cost assigned to Job N-60? (Do not round intermediate calculations.) 2. If Job N-60 consists of 10 units, what is the unit product cost for this job?

Answers

The total manufacturing cost assigned to Job N-60 is $ 696. If Job N-60 consists of 10 units, the unit product cost for this job is $111.00.

How to find the manufacturing costs ?

Direct materials (Assembly + Testing & Packaging) = $375 + $39

= $414

Direct labor (Assembly + Testing & Packaging) = $168 + $84

= $252

Overhead applied (Assembly + Testing & Packaging) = $19 * 168 + $15 * 84 = $316 + $126

= $442

Total manufacturing cost = $414 + $252 + $442

= $1110

Unit product cost = Total manufacturing cost / Number of units

= $1110 / 10

= $111.00

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Your company is considering expanding its retail outlet. Currently, inventory levels are $5,000. With the expansion, it is expected that inventory levels will need to be $9,500. It is expected that accounts receivable will increase by $4,000 and account payable will decrease by $10,000. The expansion of the building will cost $120,000. What change in net working capital is this expansion causing

Answers

Answer:

Change is net working capital is -$18,500(use of cash)

Explanation:

Due to the expansion inventory would increase by $4,500 ($9,500-$5,000)

Accounts receivable would also increase by $4,000 over its previous amount.

Accounts payable would reduce by $10,000 as compared to previous balance of accounts payable

The change in net working capital=$4,500+$4,000+$10,000=$18,500

This is a use of cash not a source of cash inflow

PROJECT: FARM SAFETY RULES

You and Gerald are preparing to build a wagon in the shop on your family farm. Since you may be busy with other tasks, you feel that it is important to instruct Gerald on shop safety. When the two of you walk into the shop, Gerald asks about the different colors that appear to be marking different areas. You realize that he is speaking about the OSHA color-coding that you and your grandfather painted just last winter. How do you explain the colors to Gerald? Sketch out an imaginary shop, and include the colors to differentiate the areas. This sketch will be the basis for your explanation. Include a written "script" that connects the important concepts to the colors. Be sure to use correct rules of writing and grammar.

Answers

The correct answer to this open question is the following.

The way I would explain the colors to Gerald is by sketching out an imaginary shop, including the colors to differentiate the areas Gerald could understand the way colors are used.

According to OSHA, the Occupational Safety and Health Administration, every factory, business, shop, and office must identify different zones of risk through the use of colors.

Signs with color red menas fired-related hazards, hot water, hazardous objects or machines, fire alarms, the sign of an exit.

Signs with the color yellow is to indicate "precaution." To be aware of, watch your step, stumbling, or tripling. It is a color to indicate precaution and avoid injuries.

Signs in orange are to identify potential risks with an added explanation. It is not too great a risk such as in the case of the color red, but it needs to communicate that there is a risk with consequences. Example: low clearance levels or electrical hazards.

The green color indicates general messages or important messages to be aware of. No specific risk or danger. Just to inform people to be alert. This color suggests good practices in the workplace.

The blue color indicates informative messages unrelated to risk practices.

Messages such as "show your ID all the time," or sign in, before entering."

You see me now 4 kkt

Answers

Answer:

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Explanation:

Answer:

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Explanation:

NBM common stock recently paid annual dividend in the amount of $2.25 per share. The analyst’s estimate of the firm’s growth forecast over the next 4 years is 18.00% and over 3 years after that of 16.5%. You expect the firm to slow down in the long run and estimate the long-term growth rate after 7 years to be 6.5%. If the required rate of return on the stock is 11%, what is your estimate of the stock price?

Answers

Using the dividend discount model with given growth rates and required rate of return, the estimated stock price for NBM common stock is calculated by discounting future dividends, resulting in the stock price.

To estimate the stock price of NBM common stock, we can use the dividend discount model (DDM) which calculates the present value of future dividends.

First, let's calculate the dividends for the next 7 years:

Year 1: $2.25 (given)

Year 2: $2.25 * (1 + 18%) = $2.655

Year 3: $2.655 * (1 + 18%) = $3.1399

Year 4: $3.1399 * (1 + 18%) = $3.7029

Year 5: $3.7029 * (1 + 16.5%) = $4.3177

Year 6: $4.3177 * (1 + 16.5%) = $5.0273

Year 7: $5.0273 * (1 + 6.5%) = $5.3485

Next, let's calculate the present value of these dividends using the required rate of return of 11%:

PV = D1 / (1 + r) + D2 / (1 + r)^2 + ... + D7 / (1 + r)^7

PV = $2.25 / (1 + 0.11) + $2.655 / (1 + 0.11)^2 + $3.1399 / (1 + 0.11)^3 + $3.7029 / (1 + 0.11)^4 + $4.3177 / (1 + 0.11)^5 + $5.0273 / (1 + 0.11)^6 + $5.3485 / (1 + 0.11)^7

Finally, summing up the present values, we can estimate the stock price:

Stock Price = PV

Calculating this equation will give the estimated stock price of NBM common stock.

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Market research can help you strategize your _______ and _______ goals.

Primary research is more _______ than secondary research.

Your first marketing priority is to find out if you can _______ your product or services.

The grouping of people for marketing purposes is called _______.

Once you find out what people want, there’s a need to know the _______ for their choices.

Answers

Market research can help you strategize your business and marketing goals.

Primary research is more specific and tailored to your specific needs than secondary research.

Your first marketing priority is to find out if you can sell your product or services.

The grouping of people for marketing purposes is called segmentation.

Once you find out what people want, there's a need to know the motivations for their choices.

Market research plays a critical role in shaping business and marketing strategies by providing valuable insights into customer preferences, market trends, and competitive landscapes. It helps in identifying target markets, understanding customer needs, and developing effective strategies to achieve business and marketing goals.

By conducting research, businesses can gather data and information to inform their decision-making and ensure that their goals are aligned with customer expectations and market opportunities.

Primary research involves gathering firsthand data directly from the source, such as through surveys, interviews, or observations. It is more specific and focused on the unique needs and objectives of a particular study. Secondary research, on the other hand, involves using existing data and information from published sources.

While secondary research provides a broader understanding of a topic, primary research allows for more control and customization of the research process to address specific research objectives.

When launching a new product or service, one of the primary marketing priorities is to determine if there is a demand for it in the market.

Market research helps in assessing the viability and potential success of a product or service by gathering insights on customer preferences, needs, and market conditions. This information enables businesses to make informed decisions about product development, positioning, pricing, and marketing strategies.

Segmentation is the process of grouping individuals with similar characteristics or behaviors into distinct segments for marketing purposes.

By segmenting the market, businesses can target specific groups that are most likely to be interested in their products or services. Market segmentation allows for more personalized and targeted marketing strategies, resulting in better customer engagement and increased marketing effectiveness.

Once businesses identify what people want through market research, it becomes crucial to understand the motivations behind their choices. This involves delving deeper into the underlying reasons, preferences, and factors that drive consumer behavior.

By understanding the motivations behind consumer choices, businesses can tailor their marketing messages, product features, and overall customer experience to better align with customer needs and increase the chances of success in the market.

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She wants a career that lets her travel to different companies and show workers there how to use complex software. Which term BEST describes Mara’s career goal? team-building specialist external trainer internal trainer cohesion specialist

Answers

The term that describes Mara’s career goal is to be an external trainer. Option (b) is correct.

What do you mean by cohesion specialist?

Plan social cohesion activities centered around your neighborhood, ensuring the use of Do No Harm and conflict-sensitive strategies is a Cohesion specialist.

External training is distinguished by the possibility that the instructors have more extensive training backgrounds and more in-depth theoretical and practical knowledge. Employees can get a different perspective and learn about new methods thanks to external training, which also brings ideas from outside the organization.

Therefore, Option (b) is correct.

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The chart indicates the tasks of three individuals working in the Human Services career cluster.



Daily Tasks of Three Employees in Human Services



Which best describes the pathway each works for?

A Kaia is in Early Childhood Development, Nori is in Family and Community Services, and Erik is in Consumer Services.

B Kaia is in Family and Community Services, Nori is in Personal Care Services, and Erik is in Personal Care Services.

C Kaia is in Early Childhood Development, Nori is in Counseling and Mental Health Services, and Erik is in Personal Care Services.

D Kaia is in Counseling and Mental Health Services, Nori is in Consumer Services, and Erik is in Family and Community Services.

The chart indicates the tasks of three individuals working in the Human Services career cluster.Daily

Answers

C is the answer for your question

In the human services career cluster, tasks including counselling and mental health services, family and community services, personal care, and consumer services are all related to addressing human needs. Hence option C is correct .

What is Human Services career cluster ?

Workers in human services provide care for others by attending to their psychological, social, and physical needs. They work to promote safe, healthy communities and higher quality of life. These professionals can be found in a range of places, including barbershops, spas, daycare facilities, hospitals, colleges and universities, or government organisations.

The Human Services Cluster offers different job paths:

Services for Mental Health and Counseling

Examples of careers in this field: Psychologist with clinical or counselling experience, sociologist, career coach, school counsellor; Mental health counsellor, substance abuse and behavioural disorder counsellorResidential Advisor; Marriage, Child, and Family Counselor; Licensed Professional Counselor; Vocational Rehab Counselor; Employment Counselor;

Services for Personal Care

Examples of careers in this field: Barber, cosmetologist, hairdresser, manicurist, funeral director, mortician, personal and home care assistant, spa attendant, personal trainer, and massage therapist

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A restaurant is hoping to get a $100,000 line of credit to buy the store next to them, do renovations, and create a larger dining area. Write a paragraph naming two questions a lender would need answers to before such a loan.

Answers

Answer:

Following can be the two questions

Q1. Does your business has the ability to repay the loan under the circumstances of pandemic and lockdown

Q2. What collateral you will use against the credit

Explanation:

Ans-1 Here the creditors want to know that with present economic situation when a rising pandemic situation can affect economic position of any economy with most likely chances of lockdown being declared how this particular business is going to survive. Because such  businesses are dependent on the walk in customers. Hence in the situation of lockdown or increasing pandemic how this business can survive in mentioned conditions.

Ans-2 Here the creditors are interested in understanding that what collateral is used by the business. Collateral is the asset used by the borrower against the loan as security given to the lender. So in this case lenders are most interested in understanding that what collateral this business is going to use also in that case if the economy gets hit by lockdown and the business does not grow will that collateral be able to repay the loan and that too the repayment will be  in complete or partial.  

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