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Ray Of Light [21]
4 years ago
12

The managers of Rug Emporium, a large rug store, decide to have a sale. The store manager works with the advertising department

to make the public aware of the sale, with department managers to schedule enough salespeople to handle the increased customer traffic, and with merchandise buyers to ensure that enough rugs are available to meet expected consumer demand. What does this scenario best describe?
Business
1 answer:
BartSMP [9]4 years ago
6 0

Answer:

This scenario best describes a Sales Promotion

Explanation:

Sales promotion is a strategy that involves reducing the price of products to clear out inventories, attract traffic, and to lift sales temporarily.

It could also be used as  a medium to introduce a new product,

Same applies when a large rug store, decide to have a sale.

To achieve the aim of sales promotion, the store manager works with the advertising department to make the public aware of the sale.

A proactive manager also makes provision for enough salespeople to handle the increased customer traffic, and ensure that the manufacturers of the product is able to meet expected consumer demand.

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A Contracting Officer notifies you of an acquisition for a specific requirement and asks you to assist with market research to i
iragen [17]

Answer: tactical market research

Explanation:

The type of market research that will be used is the tactical market research. A tactical market research is typically done when there is a particular acquisition or need. It is designed in such a way that the specific questions can be answered.

Since the contracting officer notifies of an acquisition for a specific requirement and asks you to assist with market research to identify potential small businesses who could perform the work, the tactical market research should be used.

6 0
3 years ago
Blake eats two bags of generic potato chips each day. Blake's hourly wage increases from $ 8 to $ 15 , and he decides to stop ea
Oksanka [162]

Answer:

-3.28

Explanation:

Given that,

Initial quantity, Q1 = 2

Final quantity, Q2 = 0

Change in quantity = Q2 - Q1

                                = 0 - 2

                                = -2

Initial income, M1 = $8

Final income, M2 = $15

Change in Income = M2 - M1

                               = $15 - $8

                               = $7

Average quantity:

= (2 + 0) ÷ 2

= 1

Average income:

= (15 + 8) ÷ 2

= 11.5

Therefore,

Percentage change in quantity demanded:

= (Change in quantity demanded ÷ Average quantity) × 100

= (-2 ÷ 1) × 100

= -200%

Percentage change in income:

= (Change in income ÷ Average income) × 100

= (7 ÷ 11.5) × 100

= 60.87%

Income elasticity of demand:

= Percentage change in quantity demanded ÷ Percentage change in income

= -200 ÷ 60.87

= -3.28

7 0
3 years ago
In the papyrus corporation, cash receipts from customers were $136,000, cash payments for operating expenses were $102,000, and
sleet_krkn [62]
Cash receipts from customers = $136,000
cash payment for operating expenses = $102,000
tax paid  = 1 / 3
Amount on which tax paid = $9,300
amount of tax paid = $9,300 / 3 = $3,100
net cash provides by operating activities = ?
Net cash = cash from customers - cash payment for operating expense -  amount of tax paid
= $136,000 - $102,000 - $3,100
= $30,900
so the net cash provided by operating activities is $30,900
4 0
3 years ago
Olivia is working on budgeting her time between studying for school, working at a part-time job, and training for a triathlon. W
Leno4ka [110]

Answer:

Create a daily schedule and reward herself for sticking to it

Explanation:

The strategy that Olivia could use to help manage her time is to create a daily schedule and reward herself for sticking to it because she has different things to do and the best way to complete everything is to organize the time in which she is going to perform each activity and follow that plan so she will be able to have enough time. Also, if she rewards herself for following the schedule, she would be motivated to continue doing it.

7 0
3 years ago
What are the reasons for having internal controls that facilitate ethical behavior?
givi [52]

Answer:

Mostly Preventive Controls  and feedback Controls

Explanation:

For this case is important to conduct preventive and feedback controls.

The definition of preventive control is "Controls that are used to keep a loss or an error from occurring". And is improtant to do these controls continuosly in order to ensure that the ethical behavior is accomplished by all the people analyzed.

The definition of feed back controls is "a process that owners and manager uses to evaluate if their teams meet the stated goals at the end of a production process"

And for this case these two controls are so important when we want to facilitate check ethical behavior since the conduct is something that needs to be measured in all the time in order to ensure the condition for any employee.

5 0
3 years ago
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