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guapka [62]
3 years ago
10

An interior decorator has moved his business from Los Angeles to St. Paul, Minnesota, because his spouse's company transferred h

er to St. Paul. The decorator is distressed because the customers in his target market have, in his words, "banal and bourgeois taste." What is the decorator's problem?
a. The decorator does not understand that customer needs are neither right nor wrong, good nor bad.
b. The decorator has no core competencies that will transfer to his new geographic market.
c. The decorator is highly affiliated with the new target market and understands how he can create value for it.
d. The decorator should choose a strategy of cost leadership in this environment.
Business
1 answer:
kifflom [539]3 years ago
6 0

Answer:

The correct answer is option a.

Explanation:

An interior decorator has moved his business from Los Angeles to St. Paul, Minnesota because his spouse's company transferred her to St. Paul.

The decorator is distressed because the customers in his target market have, in his words, "banal and bourgeois taste."

The customers in St. Paul have a different taste from the customers that he catered to in Los Angeles. The consumer tastes and preferences may differ from place to place according to the climatic conditions, social status, cultures, etc.

The problem with the decorator is that he does not understands that customer needs are not right or wrong, good or bad. It is not right or wrong if the customers in Minnesota have a different preference from customers in Los Angeles.

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Answer:

the real interest rate is 9.5%

Explanation:

The computation of the real interest rate is shown below:

But before that inflation rate need to be determined

Inflation rate is

= [CPI this year - CPIlast year] ÷ CPI last year

= {(190 - 200) ÷ 200} ×  100

= -0.05 × 100

i = -5%

Now the real interest rate is

real interest rate = nominal interest rate - inflation rate

= 4.5% - (- 5%)

= 9.5%

Hence, the real interest rate is 9.5%

3 0
3 years ago
John Hamilton narrowed $500.000 from stone creek bank to open a new restaurant called sauce it up. John transferred $450,000 of
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Answer:

C) three reporting entities

Explanation:

A reporting entity is the same as an accounting entity, and it refers to a business or individual that must keep ts own accounting records. The entity must engage in separate activities and have separate obligations than other entities.

In this case:

  1. the Stone Creek Bank is one entity that borrowed $500,000
  2. John Hamilton is another entity because he borrowed money from the bank and is responsible for paying it back
  3. Sauce It Up restaurant is another entity that was created by John Hamilton, and received $450,000

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3 years ago
A truck rental company rents a moving truck for one day by charging $34 plus $0.10 per mile. write a linear equation that relate
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Chapter 13: Statement of Cash Flows Amount OA, IA, or FA (for extra credit only) Accounts payable increase $ 9,000 Accounts rece
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Answer:

Net Cash flow from operating activities $120,000.00

Explanation:

The computation of the cash flows from operating activities is shown below:

Cash flow from operating activities  

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Less: Gain on sale of equipment           (4,000.00)  

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Add: Amortisation expense             6,000.00  

Adjustments:  

Add: Account payable increase             9,000.00  

Less: Account receivable increase           (4,000.00)  

Less: Salaries payable decrease           (3,000.00)  

Add: Inventory decrease             13,000.00  

Less: Prepaid expese increase           (2,000.00)  

Net Cash flow from operating activities $120,000.00

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2 years ago
You should consider a person's a. Grade in the class b. Personality before asking them to join your study group. C. All of these
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Answer:

according to meh it's

C-ALL OF THESE

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