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BaLLatris [955]
2 years ago
14

What might a concept include along with a brief written description of the product?

Business
1 answer:
Ganezh [65]2 years ago
7 0

Along with a brief description of a product, a concept might include a visual image to satisfy the customer.

<h3>What is a Visual image?</h3>

A visual image is a visible drawing or diagrammatic expression that represents a concept. A visual image gives an idea of the product and gives a detailed description of what to expect of the product.

When advertising a product, a visual image is needed to satisfy or convince a customer on the particular product.

Learn more about Visual Images here:

brainly.com/question/20646911

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Kristina just won the lottery, and she must choose among three award options. She can elect to receive a lump sum today of $62 m
xxMikexx [17]

Answer:

a. Best deal is 30 end-of-year payments of $5.6 million

b. Best deal is 10 end-of-year payments of $9.5 million

c. Best deal is lump sum today of $62 million

Explanation:

Please see attachment for workings.

d. As the interest rate increases, the duration of value shortens. That is as the interest rate increases, the best choose based on their payment duration reduces

6 0
3 years ago
If the money supply has increased by 3 percent, nominal income has risen 5 percent and the price level has risen by 1 percent, w
Shalnov [3]

4% is the percent change in real income.

What is the meaning of real income?

Real income, also known as real pay when referring to an individual's income, is the amount of money that an individual or entity makes after taking inflation into account. To have the best knowledge of their purchasing power, people frequently closely monitor the difference between their nominal and actual income.

What is meant by nominal income?

Nominal income is money that hasn't been adjusted for inflation-related changes in buying power, or how much one can buy with that money.

What Is Price Level?

The price level is determined by averaging the current prices for all the goods and services produced in an economy. Price level, in a broader sense, refers to the cost or price of a good, service, or security in the market.

Learn more about real income: brainly.com/question/17094716

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4 0
1 year ago
Ortein, a shoe manufacturing company, wanted to cut costs and hence laid off half its employees from two of its departments. It
jonny [76]

Answer:

b) synergy

Explanation:

Synergy -

It describes the benefit gain by strategically organizing itself to maximize  innovation and cooperation .

These organization with synergic approach achieves more as a group than with individual .

hence , in the question , the approach shown by the Ortein company is an example of b) synergy .

4 0
3 years ago
a common mistake that team leaders and supervisors make is to talk too little during the first team meetings.
asambeis [7]
  • Talking too little in the first team sessions is a common error made by managers and team leaders.
  • Everyone makes mistakes, but managers and leaders are more likely than others to do so. These include misinterpreting your role, providing poor feedback, being very "hands-off," and inadequate delegation.
  • It is true that committing a mistake might provide an opportunity for learning. However, taking the effort to understand how to spot and avoid frequent errors will help you become successful and productive while also earning the respect of your team.

Which seven traits must leaders avoid in order to be successful?

7 Characteristics No Leader Should Possess

  • The propensity for micromanagement.
  • Absence of excitement or optimism.
  • Opposition to novel concepts.
  • Make use of fear as a motivator.
  • Failure to appreciate work well done.
  • They don't express their expectations in a clear manner.
  • Emotional intelligence is lacking.

To learn more about Team Leader, visit:

brainly.com/question/14522054

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6 0
2 years ago
Suppose the demand for corn increases while at the same time the supply of corn also increases. As a result, the equilibrium pri
kvv77 [185]

Answer:

Rise, fall, or remain unchanged and equilibrium quantity of corn will increase.

Explanation:

In this case, the equilibrium price of corn might RISE, FALL, or NOT CHANGE while the equilibrium quantity of corn increases.

4 0
3 years ago
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