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scoundrel [369]
3 years ago
15

Which statement about the pet goods market is CORRECT?

Business
1 answer:
klemol [59]3 years ago
5 0

Answer:

I) The market for pet goods has been on the rise in recent years due to the lower costs of producing pet goods.

II) One reason for the growth of the pet goods market has been the increase in the number and availability of goods and services for pets.

III) Like other markets, the pet goods market typically declines when the there are downturns in the economy.

Explanation:

Owning a pet store can be a profitable business regardless of the performance of the larger economy. Pet stores have shown revenue growth even during recessions, as owners have cut back on their own spending before reducing the standard of living for their pets.

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You just sold 300 shares of stock at a price of $42.06 a share. You purchased the stock for $39.80 a share and have received tot
Alex Ar [27]

Answer:

$678

Explanation:

Given that,

Number of shares sold = 300

Selling price of each share = $42.06

Cost of purchasing shares = $39.80 per share

Total dividend received = $1,272

We can easily determine the total capital gain on this investment by comparing the sales value and purchase value of this stock.

Total capital gain on this investment:

= Sales value - Purchase value

= (Number of units × Selling price per unit) - (Number of units × cost of purchasing per share)

= (300 × $42.06) - (300 × $39.80)

= $12,618 - $11,940

= $678

3 0
3 years ago
1. According to Wallach, what is short-termism, and why is it a problem?
Aleks04 [339]

I inferred you are to the 2017 TEDx talk "Short-termism is killing us: it's time for Long path" by Ari Wallach.

<u>Explanation:</u>

According to Wallach, he refers to short-termism as focusing on short-term results at the expense of long-term interests.

In his words, short-termism is a problem because;

  • "it prevents the CEO from buying really expensive safety equipment"
  • "prevents teachers from spending quality one-on-one time with their students".

So in summary what Wallach is saying is that short-termism prevents futuristic thinking.

6 0
3 years ago
Once a business has sold a service, it no longer needs to be concerned with customer satisfaction. True False
kobusy [5.1K]

Answer:

False

Explanation:

' Once a business has sold a service, it no longer needs to be concerned with customer satisfaction' is a False statement.

Customers are the pillars on which every business stands & their satisfaction should be a supreme priority for a business.

There is need of 'After Sale Services' after selling a service. This is important to ensure customer's expectations from the product are met, & they are satisfied with the business' services.

After sale services make customers feel valued. This generates customer retention, customers' loyalty towards business. Such customers are also likely to do word marketing & build a business' reputation in front of other customers.

4 0
3 years ago
Charger Company's most recent balance sheet reports total assets of $32,868,000, total liabilities of $19,668,000 and total equi
-Dominant- [34]

Answer:

1.49

Explanation:

The computation of the debt equity ratio is shown below:

Debt Equity Ratio is

= Total liabilities ÷ total equity

= $19,668,000 ÷ $13,200,000

= 1.49

By dividing the total liabilities from the total equity we can get the debt equity ratio and the same is to be considered plus it also shows a relationship between the total liabilities and total equity

4 0
3 years ago
Which of the following is true about online direct marketing?
bogdanovich [222]

Answer:

e) Online direct marketing allows sellers to create immediate, timely, and personal offers.

Explanation:

The use of the internet has facilitated the increase in marketing. It is very easy to reach to the customers and approach them in a very affordable way. The target audience can be reached quickly through online direct marketing. Also, there are several ways by which the customers can be reached in limited time duration.  

4 0
3 years ago
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