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
Morgarella [4.7K]
3 years ago
8

To determine if a product should be considered ___, it can be compared with existing products or its level of required consumer

learning may be considered, but the FTC also has a legal definition
Business
2 answers:
vitfil [10]3 years ago
8 0

Answer:

To determine if a product should be considered <u>NEW</u>, it can be compared with existing products or its level of required consumer learning may be considered, but the FTC also has a legal definition <u>AND LIMITS THE USE OF THE TERM NEW UP TO SIX MONTHS AFTER THE PRODUCT HAS BEEN LAUNCHED INTO THE MARKET. </u>

Explanation:

Products are considered new when they offer characteristics or features that are distinct from existing products in the market. he problem with this approach to new products is that many companies start offering different extra features just to be considered new even though they do not add anything useful.

The Federal Trade Commission (FTC) advises marketing companies and their clients to use the term new in marketing campaigns for products that have been recently launched into the market. Their 6 month old threshold is just a guideline because an ad can be made after 5 months and air for a whole year.

jarptica [38.1K]3 years ago
5 0

Answer:

new

Explanation:

If the product is truly new, it is bought by novelty fans, snobs; This phase would be equivalent to that of the early childhood of the human being.

The product at this time is new and unknown, so it is necessary to spend some time in publicizing the product and gaining market acceptance. Sales start and grow very slowly. The benefits are non-existent in almost all this phase. The time when they start to occur usually coincides with the end of this stage.

That is why it is said that in addition to the FTC having a legal definition of the same, it is defined by the experienced consumer.

You might be interested in
Fair Oaks Farms’ manure management, specifically the use of cow manure to power their facilities and fuel their milk tankers, is
dedylja [7]

Answer:

Natural resources

Explanation:

Im not quite sure what your asking but if im right I think  they have the competitive advantage of natural resource which would be the cow poop/manure that theyre using to power there facilities and fuel milk tankers.

sorry if im wrong

3 0
3 years ago
The supply curve represents​ ___________. A. the maximum price buyers are willing to pay to buy an extra unit of a good. B. the
matrenka [14]

Answer:

The answer is: C) The minimum price sellers are willing to accept to sell an extra unit of a good.

Explanation:

A normal supply curve should move upward from left to right. The expresses the Law of Supply: (given that all other factors remain without change) As the price of a product increases, the quantity supplied should also increase.

For example:

An ounce of gold costs right now $1,500 and 100 ounces of gold are being traded right now at that price. If a new buyer comes in and wants to buy the 101th ounce of gold, then following a normal supply curve, the new buyer would need to pay more for that extra ounce of gold, maybe $1,510.

What the supply curve shows us is that given a certain price Y, a company will be willing to sell X amount of goods.  The more demand a product has (X + 1) > X, then the price Y will increase until a new balance is found.

8 0
3 years ago
Discuss and analyze a situation where you worked on a team/ project team consisting of diverse or intercultural team members
Alexeev081 [22]

Explanation:

a. What were some good and/or poor examples of communication?

Intercultural communication in the workplace can generate some significant difficulties, in an intercultural work team, there may be behaviors of certain members that differ from the rest of the group, which can mean lack of integration of the team due to lack of respect and interest to the cultural values ​​of a particular member.

b. Discuss any examples or interpretation of cultural differences as described in Hoftstede's Cultural Values chart on p. 46 of your text (i.e. individualism, time orientation, formality, etc.).

Formality can be interpreted differently according to different cultures. In a more flexible culture like the American one, for example, formality may not be so expressed through the use of formal language and dress, whereas in a less flexible culture, this can be seen as a disrespect, as they can establish a more serious and formal communication in the workplace.

c. Is there anything that could have been done to make the communication more effective?

To make intercultural communication more effective, it is necessary above all to respect the individual values ​​of an individual that exist in certain ways in some situations. The ideal is that people are open to learn and exchange experiences, willing to help the individual to integrate into the group, and above all to act in an ethical and respectful way always.

7 0
3 years ago
if the required reserve ratio is 10 percent the banking system currently has excess reserves equal to
prisoha [69]

Answer:

Experts are tested by Chegg as specialists in their subject area. We review their content and use your feedback to keep the quality high. Transcribed image text: If the required reserve ratio is 10 percent, the banking system currently has excess reserves equal to: $10 billion.

Explanation:

5 0
3 years ago
Ryan’s shoe store sells a variety of shoes. His “active shoes” campaign is reaching the daily budget cap by the early afternoon.
Lyrx [107]

Answer:

The correct answer is "Ryan should increase the budget cap of the campaign"

Explanation:

The current campaign "active shoes" reached the budget cap.

And the goal is to increase the traffic for his products, the solution is,  increase his budget campaign cap.

Daily budget caps on campaigns allows you to manage the costs, making sure you don’t pass your target spend.

7 0
3 years ago
Other questions:
  • Fancy Cat Products has a project that will cost $241,000 today and will generate monthly cash flows of $5,730 for the next 55 mo
    8·1 answer
  • The _________________________ adds insight into what the organization must do to respond to adverse events, minimize the damage
    7·1 answer
  • Ready Company has two operating (production) departments: Assembly and Painting. Assembly has 150 employees and occupies 44,000
    11·1 answer
  • Which industry most spurred economic growth and innovation in related industries?
    12·2 answers
  • Sox Corporation purchased a 30% interest in Hack Corporation for $ 1,725,000 on January 1, 2018. On November 1, 2018, Hack decla
    12·1 answer
  • Kiara filled out a life insurance application and was given a policy illustration that showed future premiums being paid out of
    12·1 answer
  • One of the advantages of the Weighted Point Evaluation Method is that it: A. Keeps the number of suppliers in a Supply Chain low
    10·1 answer
  • Which of the following is a disadvantage to Linux?
    15·1 answer
  • Describe the functions of SARB​
    6·2 answers
  • Which of the following is not a correct way of calculating a liquidity ratio?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!