<h2>
Answer:</h2><h2>Option C: Brandfest</h2><h2>Brandfest is described as an event that a company hosts to than its loyal customers.</h2>
Explanation:
Brandfest is the most important way to thank its loyal customer and bring more business by sustaining the brand name.
Entrepreneur: He is the person who sets up the business.
Crowdsourcing: Obtaining information from a large number of people.
Value proposition: This is an attractive way in marketing to impress and bring more business
Folksonomy: This is to segregate items online according to the category. This is done with the help of tagging an item.
Answer:
Explanation:
- mutually exclusive (ME): If one event occur the other doesn't
- collectively exhaustive (CE): one of the events must occur
a. Undergraduate business students were asked whether they were sophomores or juniors: ME
b. Each respondent was classified by the type of car he or she drives: sedan, SUV, American, European, Asian, or none. ME - CE
c. people were asked, "Do you currently live in (i) an apartment or (ii) a house?": ME
d. A product was classified as defective or not defective: ME - CE
Answer:
standard-cycle market.
Explanation:
Standard-cycle market are those where a business's competitive advantage is protected from imitation by othe companies and the imitation will be moderately costly.
In this instance the three big companies Coca-Cola, Nestlé, and PepsiCo all sell bottled water. The product is basically the same.
They engage in battles for market share using incremental changes in their products and seeking loyalty to brand names.
This is a form of standard cycle market.
Answer: Soldiering.
Explanation:
In response to the speculation that some workers would be laid off, the employees have resorted to Soldiering as a form of protest. Soldiering involves employees doing work within given period of time.
Answer:
- <u>std rate $30.64</u>
- <u>efficiency variance $6,128.00</u>
Explanation:
We will work the rate variance to obtain the standard rate:

actual rate $29.20
actual hours 11,700
difference $1.44
rate variance $16,800.00

<u>std rate $30.64</u>
<u></u>
<u>Now we can solve for the labor efficiency variance:</u>
std hours 11700
actual hours 11500
std rate $30.64
difference 200
<u>efficiency variance $6,128.00</u>
The diference is positive, sothe variance is favorable.