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Anastasy [175]
3 years ago
8

Bill is a yacht broker in the southeastern United States. For years he has had difficulty selling large yachts locally because t

here were few places to dock these boats. Yachts and spaces to dock them are an example ofA. substitute products.B. purely competitive products.C. status quo pricing products.D.complementary products.E. competitive parity products
Business
1 answer:
Artyom0805 [142]3 years ago
5 0

Answer:

.D.complementary products

Explanation:

A complementary good is a product whose usage is dependent on the availability of another. Complementary goods are, therefore, goods that are used together.  For example, A and B will be complimentary goods if the use of A will require the use of B.

Yachts and docks are complementary products because a yacht will require a dock as the base of its operation.  Without a dock, yacht operations will be almost impossible. Bill is not making good sales on big yachts because potential customers cannot find sufficient docking space. Other examples of complementary goods are car and petrol,  printers and ink cartridges, guns and bullets, and DVD players and DVD disks.

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The sense of urgency with respect to entrepreneurship tends to increase in European countries and other places where unemploymen
klio [65]

Answer:

The answer is True

Explanation:

Yes, It is not true that the sense of urgency with respect to entrepreneurship tends to increase in European countries and other places where unemployment benefits and other social services are well established and pay high rates.

This is because:

  • Unemployment benefit is paid to people who have recently lost their job via no fault of their own.
  • An established benefits and other social services puts stringent checks in place to screen beneficiaries.

Since it is seemingly difficult to access these benefits, the best option for sustained economic power is entrepreneurship.

4 0
3 years ago
The City issued $2 million in general obligation bonds to acquire a fleet of vehicles for the Central Motor Pool Internal Servic
nlexa [21]

Answer:

a) Bonds Payable.

Explanation:

Since there is an issue of bonds as against cash, which need to be paid back in future, amount received will be credited to bonds payable.

Further the purpose of bonds will always be to acquire a capital asset as bonds are issued for long term finance generally, therefore, the bonds will be credited as bonds payable, rather than capital contributions.

Though a general note in notes to account can be added clearly specifying the purpose of issue of bonds.

a) Bonds Payable.

6 0
3 years ago
When giving a sales presentation to new customers, Terrance strives to convey that he is highly ethical and trustworthy and that
Alja [10]

Answer:

safety/security needs

Explanation:

Based on the scenario being described within the question it can be said that Terrance is most likely addressing the aspect of Safety needs. This level of Maslow's Hierarchy refers to the need for security and protection. Which is what Terrence is hinting at by bringing up that his products are a safe bet and that that the customers will have the security of the products performing as they are being advertised.

7 0
3 years ago
Read 2 more answers
You've decided to buy a house that is valued at $1 million. You have $350,000 to use as a down payment on the house, and want to
IRISSAK [1]

Answer:

d. 5704.02

Explanation:

Nper = 30*12 = 360

Rate = 10%/12 = 0.008333

PV = 650,000

Using the MS Excel function:

Monthly payment = PMT(RATE, NPER, -PV)

Monthly payment = PMT(10%/12, 360, -650000)

Monthly payment = $5,704.02

8 0
3 years ago
BoundStar and ClipKlik are two of the biggest companies in the smartphone industry. When BoundStar launched a new ultra-slim sma
LekaFEV [45]

Answer:

The corret answer is :  A) a response strategy

Explanation:

It refers to a type of marketing strategy that takes immediate action and opts into the advertiser's offer. It also compels a high-quality prospect to do it.  This one targets a niche audience and uses compelling messaging to get an immediate response in possible clients

7 0
3 years ago
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