1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Slav-nsk [51]
3 years ago
9

In an e-commerce setting, what group of people can help you gain a following

Business
1 answer:
kumpel [21]3 years ago
6 0

Answer:

B. Influencers

Explanation:

E-commerce is the act of conducting business, whether it is the buying or selling of goods and services electronically or by use of the internet. The invention of new technology has brought about new and easier ways of conducting business. This means that instead of going through the time-consuming process of looking for a shop or store to purchase a good or service, one with the help of a phone or a computer that is internet enabled can simply access an online platform where the goods are being sold and purchase the good that will be delivered to a place of there choosing. This is easier.

In an E-commerce setting, one can also want to market there product to reach a broader audience quickly. There are different methods one can utilize to achieve this, including using a management process team that will ensure that all the resources including the human resources are utilized effectively to achieve set organizational goals. The advertisement can also be tailored to attract specific audiences that have a higher chance of becoming customers, this are referred to as target audience. Nevertheless, a creative process teams can also be used to ensure that the analytical process of developing a good or service is done in such a manner that ensures customer satisfaction. Finally, influencers can also be used. Influencers are individuals that can alter the opinion of others about a service in their area of expertise. This may be due to many reasons like; they could be respected experts in that particular field or they could command a huge following in social media.

In our case, influencers would be the best option to use for a broader audience quickly since they already have a following of their own.

You might be interested in
A company has established that the relationship between the sales price for one of its products and the quantity sold per month
Vilka [71]

Answer:

max profit at MR = MC  is 1,562.5 dollars

Explanation:

we need to solve for the point at which MR = MC

First we calculate marginal revenue, the revenue generate from an additional units which, is the slope of the revenue function

p = 70 - 0.1Q

total revenue = (70 - 0.1Q)Q = -0.1Q^2 + 70Q

dR/dq= -0.2q + 70

Then we do the same for marginal cost, the cost to produce another unit:

total cost: 1,500 + 35 Q

dC/dq = 35

Now we equalize and solve:

-0.2q + 70 = 35

70 - 35=0.2q

35/0.2 = q = 175

p = 70 - 0.1 (175) = 70 - 17.5 = 52.5

52.5Q - 1,500 - 35Q = profit

52.5 x 175 - 1500 - 35 x 175 = profit

profit = 1562.5

if we calcualte for one up or down:

Q = 174 then profit = 1562.4

Q = 176 then profit = 1562.4

This profit is lower than our maximize point, so we agree this is the max point.

8 0
3 years ago
The factors of production include natural resources, labor, government assistance, and entrepreneurship.
noname [10]
<span>The answer is True. The four factors mainly used for production is, Land(means natural resources and technology), labor(working people for dedication to work), capitol(investment and government assistance totally that represent services) and entrepreneurship(the activity of setting up a business).</span>
4 0
3 years ago
Read 2 more answers
Majid Corporation sells a product for $195 per unit. The product's current sales are 42,300 units and its break-even sales are 3
evablogger [386]

Answer:

$1,389,375

Explanation:

Data provided as per the question:-

Product per unit = $195

Current sales = 42,300 units

Break-even sales = 35,175 units

The computation of margin of safety in dollars is shown below:-

Margin of safety (in units) = Total sales - Break-even sales

= 42,300 - 35,175

=7,125 units

Margin of safety (in dollars) = Margin of safety × Product per unit

=(7,125 × $195)

= $1,389,375

5 0
3 years ago
Which of the following explains why the aggregate demand curve slopes downward? a) The interest-rate effect, the real-balances e
klio [65]

Answer:

Option (a) is correct.

Explanation:

Real balance effect: This effect states the relationship between the price level and the purchasing power of the consumer. If there is a higher price level in an economy then this will reduce the purchasing power of the consumers and results in a fall in investment expenditure, net exports and consumption expenditure. That's why aggregate demand curve is slopes downward.

Interest-rate effect: This effect states the cost of borrowing funds with the price inflation in an economy. If there is a higher interest rate then most of the consumers cut down there borrowings activities which is one of the reason of downward sloping demand curve.

Foreign purchases effect: When there is a fall in the price level then as a result the price in the United states falls relative to the foreign prices. Hence, there is an increase in the U.S exports and decrease in the U.S imports.

6 0
3 years ago
Barron Chemical uses a thermoplastic polymer to enhance the appearance of certain RV panels. The initial cost of one process was
lesya [120]

Answer:

19.17%

Explanation:

initial cost = -$130,000

cash flow year 1 = $78,000 - $49,000 = $29,000

cash flow year 2 = $29,000 + $1,000 = $30,000

cash flow year 3 = $30,000 + $1,000 = $31,000

cash flow year 4 = $31,000 + $1,000 = $32,000

cash flow year 5 = $32,000 + $1,000 = $33,000

cash flow year 6 = $33,000 + $1,000 = $34,000

cash flow year 7 = $34,000 + $1,000 = $35,000

cash flow year 8 = $35,000 + $1,000 + $23,000 = $59,000

using an excel spreadsheet and the IRR function, we can determine the project's IRR = 19.17%

The IRR is the discount rate at which the NPV of the project would equal 0. If you are going to try to solve it by trial and error you can prepare an equation and then try to solve it by approximation:

$130,000 = $29,000/(1+r) + $30,000/(1+r)² + $31,000/(1+r)³ + $32,000/(1+r)⁴ + $33,000/(1+r)⁵ + $34,000/(1+r)⁶ + $35,000/(1+r)⁷ + $59,000/(1+r)⁸

Just replace r and start increasing or decreasing as the value approaches to $130,000

7 0
3 years ago
Other questions:
  • Union Local School District has a bond outstanding with a coupon rate of 2.9 percent paid semiannually and 24 years to maturity.
    8·2 answers
  • This is the trial balance of Crane Company on September 30. CRANE COMPANY Trial Balance September 30, 2017 Debit CreditCash $ 23
    12·1 answer
  • According to empirical studies, greater consumption is likely to lead to unhappiness. This condition is called _____.
    7·1 answer
  • An oil pump that is capable of delivering a larger amount of oil than a stock oil pump is called a:
    10·1 answer
  • Mussatto Corporation produces snowboards. The following per unit cost information is available: direct materials $16; direct lab
    10·1 answer
  • On January 2, Jasmine’s Beauty Supplies Inc. issued Check 3100 for $300 to establish a petty cash fund. On January 31, Check 315
    13·1 answer
  • Your 15-year-old brother comes home with the great news that he has decided to buy his first car he found on Craigs List. Your b
    8·1 answer
  • Worldwide Company obtained a charter from the state in January that authorized 200,000 shares of common stock, $10 par value. Du
    11·1 answer
  • You hear on the news that the​ S&amp;P 500 was down 2.0 % today relative to the​ risk-free rate​ (the market's excess return was
    10·1 answer
  • Jack's Corp. has $5 billion is total assets, and its tax rate is 40%. Its basic earnings power (BEP) ratio is 12%, and its retur
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!