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stealth61 [152]
3 years ago
9

Michael worked for a textile manufacturer during the first half of the 20th century. When the supply of his company's textiles e

xceeded customer demand, he realized that he would have to invest more money in advertising his products and go directly to his customers to convince them to purchase his products. Based on this scenario, Michael has most likely adopted the ________ orientation.
Business
1 answer:
Alexandra [31]3 years ago
5 0

Answer:

sales

Explanation:

Based on the scenario being described within the question it can be said that Michael has most likely adopted the sales orientation. This term refers to a business approach that focuses on mainly persuading individual customers to purchase the company's product as opposed to understanding the customer's needs or marketing to a larger audience.

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Total _____ is the money earned from all producers in a country. (A)output (B)income (C)expenses
Mashcka [7]
<span>The answer is (B) income. This question is related to Business and Economics. Total income, or Total revenue, is the sum of all money received by an individual or business. It usually includes income from services, revenue from sales, payments from pension plans, income from dividends, and related sources. Total income is usually used for purposes of assessing taxes, but it can also be used when evaluating the net worth of a company and determining an individual or organization's ability to make payments on a debt.</span>
7 0
3 years ago
Read 2 more answers
In an online blog, Oren states that Publicity Corporation invaded the privacy of individuals to collect marketing data for its c
kogti [31]

Answer:

C) libel

Explanation:

Libel is written defamation. An individual or a business can sue someone else for writing something that causes them injury and diminishes their reputation, esteem, respect, good will,  confidence, etc..

Libel is considered a tort, therefore individuals or businesses who believe they have been libeled can sue to recover monetary compensation.

5 0
3 years ago
Fancy’s Feedlot orders one hundred sacks of cattle feed from Bovine Feeders, Inc. Each bag has the words "Twenty percent protein
r-ruslan [8.4K]

Answer: Option (a) is correct.

Explanation:

Correct option: an express warranty.

An express warranty is an agreement by the seller of a product. In this agreement, seller promises to provide the replacement of the faulty product or service but within a specified time period after it was purchased by the buyer.

In this question, seller promises buyer that each bag of cattle feed contains twenty percent of protein. So, this a express warranty.

7 0
3 years ago
Many firms consider wage costs to be variable costs. Why do academic book publishers usually consider their wage and salary cost
noname [10]

Answer: This could be explained as follows

Explanation: Fixed cost are the cost which do not change with level of output and variable cost are those which does change with the level of output.

Wage sand salary cost are considered to be fixed as most of the firms pay their employees on monthly basis rather than on hourly or per unit basis.

Travelling cost can be both fixed or variable as per the situation as sometimes the travel is frequent and sometimes it is to be done for special purposes.

7 0
4 years ago
Given the returns for two stocks with the following information, calculate the correlation coefficient of the returns for the tw
julsineya [31]

Answer:

The correlation coefficient of the returns for the two stocks is 0.231

Explanation:

From the question given, we apply the method called co variance

Co variance is referred to as when the co-movement of variables are measured.  

The co variance is defined as:

ρ₁,₂=Cov₁,₂/σ₁ x σ₂

The Expected return of stock 1 μ1= 0.4 x 9+0.5 x 11+0.1 x 17=10.8%

The Expected return of stock 1 μ2=0.4 x 11+0.5 x 8+0.1 x 13=9.7%

The Variance of stock 1 σ²₁ is:

1 σ²₁=0.092 x 0.4+0.112 x 0.5+0.172 x 0.1−0.1082σ12=0.092 x 0.4+0.112 x 0.5+0.172 x 0.1−0.1082

=0.012180-0.011664 =0.000516

The standard deviation of stock 1 σ₁ =2√0.0005162 =0.022716 =2.2716%

Thus,

The Variance of stock 2 σ²₂ is:

2 σ²₂= 0.112 x 0.4+0.082 x 0.5+0.132 x 0.1−0.09722 =0.009730-0.009409=0.000321

The standard deviation of stock 2 σ₂ =2√0.000321 =0.017916=1.792%

Cov₁,₂=0.4 x (0.09−0.108)x (0.11−0.097)+0.5 x(0.11−0.108)x(0.08−0.097)+0.1 x(0.17−0.108)x(0.13 8)x(0.13−0.097) =-0.000094-0.000017+0.000205 =0.000094

Therefore,

ρ₁,₂=0.000094/((0.017916)x(0.022716)) =0.231

3 0
3 years ago
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