After a customer has purchased a refrigerator, he is offered free delivery, installation, financing, and warranty, this is known as the “Augmented Product”.
<h3>What is an Augmented product?</h3>
An augmented product contains extra features or services added by its seller to distinguish it from comparable goods offered by rival businesses. A product can be improved by including additional, non-physically present features or advantages.
Free delivery and in-home service installation are two aspects that are used to build better items. Cosmetics businesses routinely offer free makeovers and travel-size samples to market their goods.
<h3>What is a product?</h3>
A product is an item that can be offered for sale.
<h3>Who is the customer?</h3>
A customer buys the product to consume.
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Answer:
Please see explanation below.
Explanation:
The next step is to conduct a secret ballot election which will be supervised by National Labor Relations Board (NLRB) as might be required by the employer-Champlain products inorder to obtain voluntary support from the employees that the union wants to represent. The reason being that the management might decided not to recognize the card checks practise on the basis that a union without a secret ballot election is not reliable hence employees that signed the card might have been intimidated or coerced by the union to do so.
Where the management refuses to recognize the card check that was signed by at least 41% of the employees it wants to represent, management would then request for secret ballot election where employees would be able to vote confidentially without coercion or undue influence from the union or co-workers.
Answer:
Explanation:
Given that:
a)
1$ = Can $1.12
It takes a value of 1 U.S dollar to have 1.12 Canadian dollars. This signifies that the U.S dollar is worth more than Canadian dollars.
b)
Assuming that the absolute Purchasing Power Parity PPP holds,
Since 1$ = Can $1.12, the cost in the United States of an Elkhead beer, if the price in Canada is Can$2.85 can be determined to be:
= 
= $2.545
c)
Yes, the U.S. dollar is selling at a premium relative to the Canadian dollar.
This is because we are being told that the spot exchange rate for the Canadian dollar is Can $1.12 & in six (6) months time the forward rate will be Can $1.14.
d)
The U.S dollar is expected to appreciate in value because it is trading at a premium in the forward market.
e)
Canada has higher interest rates. This determined by using the formula:
= 
where; n= numbers of years = 6 month/12 month = 0.5 year
Then;
= 0.0356
= 3.56%
Answer:
Vertical integration
Explanation:
Vertical integration is a technique in which a corporation owns or manages the ownership or supply chain of its suppliers , distributors, or retail locations.
It is required when the firms want to expand their business by purchasing another company that operates over and above supply chain management
Therefore according to the given situation the correct answer is Vertical integration.
Answer:
$9,996
Explanation:
The bond is issued on discount when the issuance price is lower than the face value of the bond. The discount on the bond will be expensed over the bond period until maturity.
Discount on Bond = Face value - Issuance value = $98,000 - $96,040 = $1,960
Interest Expense includes the interest payment and the discount amortization.
Discount amortization = Discount value / Life of the bond = $1,960 / 10 = 196 per year = $98 semiannually
Interest Payment = $98,000 x 10% = $9,800 annually = $4,900 semiannually
Interest Expense = ( 4,900 + 98 ) x 2 = $9,996
