Establishing prices for razor blades that must be used with a razor blade system is known as captive product pricing. Captive products are used in most cases to maximize revenue. When a company makes a razor blade that only works with one razor, they are making a product that is exclusive and giving it captive product pricing because it will be priced to maximize revenue on not only the blade but the razors, themselves, as well.
why many countries aim to increase economic growth?
➷ Increasing economic growth would mean there is more money to put towards development projects and to improve the area. This is beneficial as it would attract more people to live there, further boosting the economy and contributing towards bettering living standards.
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Zelma is asked to think of all the words she can, beginning with the letters "squ," as in "squeak." later she is given a fill-in-the-blank task on which one of the items is "s _ _ o n g." zelma keeps trying to make "squong" a word, and has trouble thinking of the common word "strong." zelma's ability to solve this problem has been hampered by: a mental set. confirmation bias. functional fixedness. an algorithm.
This is an example of a mental set, which can sometimes be a useful framework for solving problems. In Zelma's case though, her mental set is limited to certain words and she is unable to think of possibilities outside of that set.
Final answer:
Zelma's struggle to find the word "strong" and her fixation on "squong" exemplify the psychological concept of a mental set, where a previous task influences her approach to a new problem.
Explanation:
Zelma's ability to solve the fill-in-the-blank task with "s _ _ o n g" is hampered by a mental set. This psychological phenomenon occurs when people persist in using problem-solving strategies that have worked in the past rather than adapting to new situations. Zelma's previous task, which involved generating words with the prefix "squ," has inadvertently created a mental expectation or preset that all relevant words must start with "squ." This hinders her ability to recognize the common word "strong" as the correct answer because she is fixated on matching the same pattern.
Companies like hewlett-packard and frito-lay routinely monitor blogs to gain insight into
customer complaints and suggestions
A Wyndham resort that serves Starbucks coffee is an example of _[blank]_.
mixed brands
brand extension
co-branding
brand licensing
Answer:
Co-branding
Explanation:
Co-branding is the strategic alliance of 2 or more brands who partner together to increase market synergy and make a convenient or strategic service for customers. Another example is Doritos and Taco Bell making the Taco Bell "Doritos Locos" taco. Two separate brands, partnering on a project to increase sales and customer interest.
A Wyndham resort serving Starbucks coffee exemplifies co-branding, a strategic partnership where two brands collaborate to offer a product or service, benefiting by leveraging each other's strengths and customer base.
Explanation:A Wyndham resort that serves Starbucks coffee is an example of co-branding. Co-branding occurs when two brands collaborate on a product or service, leveraging each other's brand strength to offer added value to consumers. This strategy is beneficial for both companies involved, as it allows them to tap into each other's customer base and potentially increase their market share. In the case of Wyndham and Starbucks, Wyndham resorts get to enhance their hospitality experience by offering a well-known and beloved coffee brand to their guests, while Starbucks expands its presence and accessibility in the hospitality industry, reaching more customers beyond their traditional coffee shops.
This partnership is distinct from other concepts such as mixed brands, which involves combining brand elements to create a new product; brand extension, where a brand expands into new product categories or markets; and brand licensing, where one company allows another to use its brand name, logo, or products under specific conditions. Co-branding is specifically about two brands coming together to offer a joint product or service, each maintaining their individual brand identity while creating additional value through their partnership.
Wilson is viewed by his boss as driven, tenacious, and conscientious in the pursuit of his goals. these characteristics fit within which category?
These are examples of work-related characteristics
Is the symbol that represents the cost of raising capital by issuing new stock in the weighted?
In the Weighted Average Cost of Capital (WACC) equation, the symbol "Ke" represents the costs of raising capital by issuing new stock.
The full WACC formula is below:
WACC Formula = (E/V * Ke) + (D/V) * Kd * (1 – Tax rate)
________ involves using in-store promotions and advertising to extend brand equity to "the last mile" and encourage favorable point-of-purchase decisions.
Shopper Marketing involves using in-store promotions and advertising to extend brand equity to "the last mile" and encourage favorable point-of-purchase decisions.
Shopper marketing involves using in-store promotions and advertising to extend brand equity to "the last mile" and encourage favorable point-of-purchase decisions.
What is marketing?Marketing is the process of discovering, creating, and delivering value to a target market in the form of goods and services. It may include selecting a target audience, selecting specific attributes or themes to emphasize in advertising, and running advertising campaigns.
Shopper marketing is a discipline that focuses on improving the shopping experience for consumers in order to drive sales at the point-of-purchase both in-store and online. It focuses on the consumer's path to purchasing a product, from first becoming aware of it to consideration and finally purchase.
Therefore, shopper marketing is the correct answer.
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Amos does not want to find new customers or create new products. instead, he is opening more stores and improving the marketing mix--more intriguing advertising, better pricing, better reward program, better in-store service, better store ambience, etc. what strategy is he using
This is known as market penetration- instead of expanding his market to new customers or products he is doing a deeper development of the customers he already has to increase loyalty and sales.
Amos is implementing a market penetration strategy to increase market share by opening more stores and enhancing the marketing mix without pursuing new customers or products.
Amos is utilizing a market penetration strategy by focusing on opening more stores and improving the marketing mix without seeking new customers or products. This approach aims to increase sales and market share within existing markets.
Market penetration involves strategies like expanding distribution channels, enhancing promotional efforts, adjusting pricing, and improving customer service to attract more customers and boost revenue.
By employing this strategy, Amos aims to strengthen his presence in the current market and gain a competitive edge through enhanced customer engagement and loyalty.
Certificate of deposit typical interest rate
This question is too broad because there are many factors that determine the interest rate of a CD, such as the amount you are investing, the length of time, and the banking institution.
Certificate of deposit typical interest rates are usually higher than savings account interest rates. CD's (certificate of deposits) are bound to terms regarding the length someone has to keep their funds in the CD. Unlike a savings account where a person can withdraw their money at just about anytime, a CD has a set time when someone can withdraw money without penalty.
Warm weave inc., a manufacturer of woolen garments, spends heavily on advertising during the months of december, january, and february. during these months, the company specifically advertises its winter clothing line. warm weave is most likely to be using a(n) _____ scheduling method.
This is a flighting schedule method, which is where the normal ad schedule is targeted in a specific period of time and no ads are run the rest of the year (known as the cessation period).
Answer:
flighting scheduling model
Explanation:
Flighting scheduling refers to running advertisement on specific periods, and then stopping the ads on the rest of year. This period where no ads are run is called the hiatus period.
This normally occurs when a product is extremely seasonal, or only available during certain periods of time.
In this case, Warm Weave only sells their products during winter time, so it is rational for them to only run ads a short time before winter starts and through the winter.
When a beverage maker came out with a new drink and priced it at half price for a month to attract buyers, the company was using a(n) ________ strategy?
Penetration pricing, setting the price lower to attract attention.
A system of shared beliefs and values that guides organizational behavior is called an ________. organizational policy organizational procedure organizational design organizational culture
This is organizational culture by defition
The united states has more of what per employee than any other industrial nation?
Here is your answer
United States has more [tex]<font color="red"><b>Managers</b></font>[/tex] as employees than any other industrial nation.
It can be understood by the fact that managers control and manage the working of any organisation or industry which leads to better development of that industry.
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The United States has more Managers per employee than any other industrial nation.
What is Management?Management is a technique that helps to get things done by others. It is a technique that includes, planning, administration, Leadership, execution, staffing, and control in any organization.
There are three levels of management in an organization. It includes top-level management who are responsible for the decision-making of the organization. Middle-level management includes managers which are responsible for assigning work allotted by top-level management and implementing policies.
Lower-level management includes the employees or workers who completed the assigned work. The United States has more managers per employee than any other industrial nation because of the better growth and development of the country.
These managers help employees to provide direction about efficiency and effectiveness of work.
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In advertising research, _____________ measures the effectiveness of advertising messages by showing them to consumers.
a. recall testing
b. forced exposure
c. recognition testing
d. copy testing
D. Copy testing
This measures the effectiveness of an ad based on customer responses, feedback, and behavior.
After managers have chosen an appropriate market for exporting, the next step is to ________. engage appropriate international trade attorneys modify advertising and promotional activities to suit individual markets acquire the skills and competencies to handle export operations decide about the resources to be committed
The next step is to decide about the resources to be committed.
Sam goes out shopping, and using his wife juanita's credit card, he buys $221-worth of groceries. under agency law, juanita will probably be deemed:
Liable for paying the charges, because there is an agency relationship between spouses meaning that Sam is authorized to use the card on her behalf.
What is the difference between internal validity and external validity? A. A statistical analysis is said to have internal validity if the statistical inferences about causal effects can only be verified by a few researchers. The analysis is said to have external validity if conclusions can be verified by many researchers. B. A statistical analysis is said to have external validity if the statistical inferences about causal effects are valid for the population being studied. The analysis is said to have internal validity if conclusions can be generalized to other populations and settings. C. A statistical analysis is said to have internal validity if the statistical inferences about causal effects are valid for the population being studied. The analysis is said to have external validity if conclusions can be generalized to other populations and settings. D. Internal validity and external validity are equivalent.
C. A statistical analysis is said to have internal validity if the statistical inferences about causal effects are valid for the population being studied. The analysis is said to have external validity if conclusions can be generalized to other populations and settings.
So internal validity means the results are accurate and you can use them to make sense of the group you are studying. External validity still means the results are accurate, but that you can use them to make assumptions about the population as a whole.
So if you look at a field of cows where half are white and half are brown, you have internal validity that 50% of your sample is white and 50% is brown. This result would not have external validity because in the whole world, cows can be different colors or combinations of colors.
: two customers purchased $315 of merchandise from the same store on account. the terms of both sales were 3/15, n/45. interest charged after 45 days is 1% per month. the first customer paid $305.55, and the second customer paid $315. yet both of their accounts were marked paid in full. why?
Answer:
Because one customer paid within the "discount period" and one did not.
Explanation:
The terms of 3/15, n/45 mean the customer will receive a 3% discount (as an incentive to pay sooner) if paid within 15 days. n/45 means the "net" (full) amount is due in 45 days.
3%* $315 = $9.45 discount if paid in 15 days
$315 - 9.45 = $305.55
So, using the math we can double check that the first customer did indeed receive a 3% discount meaning they only owed $305.55 which was paid in full.
Xcel when intentional concealment is involved, what course of action is the injured party entitled to?
Rescission of the contract, which is cancelling the contract and making the parties as close to how they were before the contract started as possible.
Herbie inc., a firm manufacturing sandwich makers, has fixed costs of $250,000, variable costs of $20 per unit of output, and expected unit sales of 50,000 units. what is the unit cost of a sandwich maker manufactured by herbie?
250000/50000 = $5 per unit
$ 5 per unit + $20 per unit
Unit cost = $25 per unit
Herbie inc., a firm manufacturing sandwich makers, has fixed costs of $250,000, variable costs of $20 per unit of output, and expected unit sales of 50,000 units. $25 per unit, is the unit cost of a sandwich maker manufactured by Herbie.
What is manufacturing?The term manufacturing refers to manufacture the product. The product was the converted into the raw material and the finished goods. The manufacturing is the process of the manufacture of the goods. The goods are the related to the sale in the market. The goods are the manufacture of the market conditions and the demand of the consumer.
According to the Herbie inc, firm was the manufacturing on the sandwich makers.
The given amount are:
fixed costs of $250,000.variable costs of $20 per unit sales of 50,000 units.fixed costs ÷ variable costs
250000 ÷ 50000 = $5 per unit
Unit cost = $5 per unit + $20 per unit
Unit cost = $25 per unit
As a result, the mathematical expression was the fixed cost was the $25 per unit.
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The first step a domestic firm takes when entering an international arena is usually to create an international division.
If this is a true/false question, the answer is FALSE. Usually creating an international division comes after some time and the international ventures have gotten a foothold in the respective country.
Yes, establishing an overseas division is generally the first move a local corporation takes when internationalizing market.
When a domestic company first enters the global market, it generally begins by exporting some of its goods.
Employees that handle exports may mainly work in another department, such as Advertising or Operations. As the need for exported goods develops, so does the number of employees required to manage it, necessitating the establishment of an export department.
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Why is the supply curve referred to as a marginal cost curve?
a. it shows the willingness of consumers to purchase a product at different prices.
b. it shows the difference between the lowest price a firm would be willing to accept and the marginal cost of production.
c. it shows the price producers actually receive in the market.
d. it shows the willingness of firms to supply a product at different prices.
e. it shows the difference between the highest price a consumer is willing to pay and the lowest price a firm would be willing to accept?
short-range forecasts tends to ________ longer-range forecasts.
a. employ the same methodologies as
b. have about the same level of accuracy as
c. be less accurate than
d. deal with more comprehensive issues than
e. be more accurate than
Be more accurate than longer-range forecasts.
The longer the range is, the more likely that something unexpected would happen that could alter the accuracy of the forecast. If you were asked how much you would weigh tomorrow you could probably come up with an accurate projection, but if someone asks how much you would weigh when you are 60 years old it would be harder to forecast correctly.
What phase of the product life cycle is the Moisturizing Black Soap Shampoo currently in?
Its is likely The Maturity Stage
Without taxes, the market price per bag of apples is $5. with a $2 tax per bag of apples, buyers now pay $5.75 per bag. what is the final price per bag of apples received by sellers? $3.75 $5.00 $7.75 $3.00
$3.75
Sales price - tax = revenue
5.75-2= 3.75
The final price per bag of apples received by sellers after a $2 tax is implemented and buyers pay $5.75 is $3.75.
The question at hand involves determining the final price per bag of apples received by the sellers after the implementation of a $2 tax, wherein buyers pay $5.75 per bag.
Originally, without taxes, the market price was $5 per bag. With a $2 tax and the buyers now paying $5.75, we must subtract the tax from the amount buyers are paying to determine what sellers receive.
Buyers' price: $5.75
Tax per bag: $2.00
Sellers' price: $5.75 - $2.00 = $3.75
The final price per bag of apples received by sellers, after accounting for the tax, is $3.75.
What was a new deal program established to relieve unemployment during the great depression by providing national conservation work primarily for young unmarried men?
Hello there!
Your answer would be the Civilian Conservation Corps (CCC).
The reason why the Civilian Conservation Corps would be your answer is because this was one of the earliest programs in the new deal that focused to relieve unemployment ratings for young unmarried men. This program was originally for men of ages 18-25, but then moved to 17-28. This program was in operation from 1933 to 1942, and did a ton of work during that time period to get young men back on their feet and working again. This programs was founded by President Franklin D. Roosevelt, the president that brought up the new deal plan and put it into action.
In this program, they had many projects for the young men to do. In the projects, they had the men:
Fight forest friesMaintain the forest roads and trailsBuild flood barriersPlant treesThis program pretty much did whatever they can to get the men to stop thinking about what's going on with them financially because of the great depression. The program provided labor jobs to the men so they could get back to working and make money, this is specifically talking about the people who had trouble finding jobs during the great depression. At the end up the day, this program costed someone $30 a month for clothing, shelter, and food.
________ are large-scale high-speed centralized computers, used for internal corporate data processing needs.
Mainframe Computers are the large-scale high-speed centralized computers used in large corporations for internal data processing needs. They manage vast amounts of data and high transaction rates, which make them essential for numerous businesses.
Explanation:The large-scale high-speed centralized computers mentioned in the question are generally referred to as Mainframe Computers. These machines are known for their ability to provide consistent, high-speed data processing capabilities. They are typically used for large, complex computations, handling mass quantities of data, and high transaction rates typically required in large corporations. This makes them ideal for meeting the information processing needs of large businesses. For instance, a bank may use a mainframe for processing transactions, a multinational company might use one for managing its worldwide operations, or a government agency might use it for statistical data analysis.
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Mainframes are large-scale high-speed centralized computers used for internal corporate data processing needs.
They play a critical role in managing vast quantities of data, supporting multiple users simultaneously, and executing complex computations. Mainframes are renowned for their reliability, scalability, and security, making them ideal for mission-critical applications in industries like finance, healthcare, and transportation.
These systems are designed to handle heavy workloads and provide features like redundancy, fault tolerance, and advanced data management capabilities. While the popularity of mainframes has diminished with the rise of distributed computing, they continue to be essential for organizations that require robust and consistent data processing, ensuring the integrity and availability of their most crucial information. Modern mainframes also integrate with contemporary technologies, bridging the gap between legacy systems and the demands of today's business environment.
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A firm in illinois is in dispute over a contract with a firm in utah. both the firms decide to litigate and solve the dispute under the laws of the state of illinois. this is an example of the usage of the _____. multiple choice choice-of-law clause establishment clause free exercise clause contract clause
This is a choice-of-law clause, which allows the parties to a contract to agree on the forum for any potential litigation, rather than having to fight about which state should hear it or remand the case to federal court.
Four-month-old baby oscar is a participant in a preferential-looking experiment. researchers show oscar two photos, one of which is of his mother's face, and the other which is of a female stranger's face. the photos are presented repeatedly in differing locations, and the amount of time oscar spends looking at the photos is recorded. what will researchers conclude if oscar shows a reliable preference for his mother's face over the stranger's face? oscar can discriminate his mother's face from a stranger's face. oscar is afraid of strangers. oscar likes strangers as much as his mothers. oscar can't see very well.
They will likely determine that he can differentiate his mother's face from a stranger's face and that is why he was choosing to look at her face more because it was recognizable.
Consider an industry that is made up of nine firms each with a market share (percent of sales) as follows:
a. firm
a.30%
b. firm
b.20%
c. firms c, d and
e.10% each
d. firms f, g, h and j: 5% each what is the value of the herfindahl-hirschman index?
This is supposed to measure the market share concentration of industries all in the same area. I take it a low HHI is not very concentrated and a large number (10000) means that the market share is very concentrated. The answer I get is about 1700 which means there is not much concentration.
Firm % % squared
a 30 900
b 20 400
c 10 100
d 10 100
e 10 100
f 5 25
g 5 25
h 5 25
j 5 25
Total 100% 1700
So to get an idea how concentrated everything is, you square the % s and add them up. I don't think the there is a monopoly in this industry. It is pretty evenly spread out.