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Snowcat [4.5K]
2 years ago
6

Which of the following is a difference between goods and services? a. Goods are not protected by patents, whereas services are p

rotected by patents. b. Goods are tangible, whereas services are intangible. c. The demand for goods is difficult to predict, whereas the demand for services is easy to predict. d. Goods cannot be stored as physical inventory, whereas services can be stored as physical inventory..
Business
1 answer:
amm18122 years ago
7 0

Answer:

B. Goods are tangible whereas services are intangible.

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Does this big data approach work for all three Gap Inc.'s primary brands: Old Navy, Gap, and Banana Republic? Why or why not? Wh
Greeley [361]

Answer:

We feel that the big data approach is applicable for all three of Gap Inc.’s brands, although the biggest insights from the information collected will come from the brand that has the greatest product diversity. Banana Republic is Gap’s most targeted brand with its expensive price points, so designers already have a relatively good idea of what their customers are looking for. The target customer is upscale, predominantly female, and interested in a classic look. The variability in design for the brand is least among Gap’s, but still significant so the ability to assess the success  

of product offerings in real time is extremely valuable. Similar to the model used by Netflix, withonline shopping Gap does not have to rely on feedback from just the very few customers that choose to comment on and rate products that they purchase.With the introduction of “Product 3.0”, the trends seen at Banana Republic and the Gap were able to cascade down into the less expensive, family brand of Old Navy. This allowed for consumers of all income brackets to be touched. All brands had a clear vision with common ground, being more predictive and demand driven based on data analytics. This sharing of information benefits all of the brands by better streamlining products towards market trends. Since Old Navy and Gap have a greater number of SKU’s, they will have an even greater benefit from big data. But managing, purchasing and inventories for these companies is even more challenging, and having to deeply discount unsuccessful SKU’s can be unavoidable. But minimizing these unsuccessful products can be achieved through big data by analyzing how well a product performs before waiting to receive customer feedback. Gap can emulate fast fashion companies like Zara who keep production runs short, even shorter for unsuccessful runs, and create a sense of urgency from the customer without complicating the customer’s decision process with an inevitable sale

Explanation:

8 0
3 years ago
Is it possible for a country to have a comparative advantage in producing a good without also having an absolute​ advantage? A c
arlik [135]

A country would have a comparative advantage to produce a good if the cost of producing this good, even if it produces efficiently, is higher than that of other countries.

Explanation:

The Competitive Vantage Principle explains how an individual produces more commodities and uses fewer goods with a comparative advantage under freer trade.

For example, the comparative advantage of oil-producing countries in chemical products. Compared to countries that are not there, the local manufactured oil is a cheap source of chemicals.

It can produce products with fewer resources, which offers countries a comparative advantage at lower incentive costs. The PPF's gradient reflects the cost of output capacity. Improving one good's production means producing less of one.

8 0
3 years ago
An investment offers $8,600 per year for 17 years, with the first payment occurring one year from now. Assume the required retur
elena-14-01-66 [18.8K]

Answer: $1,986.14

Explanation: in order to calculate this, we will use the discounting formula and calculate the present value (PV) of the money.

PV = C/(1 + r)^n

Where:

PV = Present Value = ?

C = value of money in the future = $8,600

r = interest rate = 9% or 0.09

n = number of years = 17

PV = 8,600/(1 + 0.09)^17

PV = 8,600/(1.09)^17

PV = 8,600/4.33

PV = 1,986.14

Therefore the present value is $1,986.14

8 0
3 years ago
The required return on the stock of Moe's Pizza is 10.8 percent and aftertax required return on the company's debt is 3.40 perce
saw5 [17]

Answer:

6.88%

Explanation:

Weighted Average Cost of Capital (WACC) = [After Tax Cost of Debt * Weight of Debt] + [Cost of equity * Weight of Equity]

WACC = [3.40%*0.39] + [10.80%*0.69)

WACC = [0.034*0.39] + [0.108*0.69)

WACC = 0.01326 + 0.07452

WACC = 0.08778

WACC = 8.78%

The required return for the new project = Weighted Average Cost of Capital – Risk Adjustment Factor

The required return for the new project = 8.78% - 1.90%

The required return for the new project = 6.88%

5 0
3 years ago
Hunter's Hut is considering a project that will require additional inventory of $150,000 and will increase accounts payable by $
tatyana61 [14]

Answer:

Hnters

Explanation:

Hunter's Hut is considering a project that will require additional inventory of $150,000 and will increase accounts payable by $125,000. Accounts receivable is currently $300,000 and is expected to increase by 10 percent if this project is accepted. What is the project's initial cash flow for net working capital

8 0
3 years ago
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