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Ray Of Light [21]
3 years ago
13

Explain how quickly a new product will be adopted, given the values and regular experiences of potential customers?

Business
1 answer:
FromTheMoon [43]3 years ago
6 0

Answer:

Explain how quickly a new product will be adopted, given the values and regular experiences of potential customers?

B. Compatibility.

Explanation:

Marketing can be defined as all the activities aimed at improving a business product to potential customers with the aim of improving the company's market share. Most companies use marketing as a tool to improve their sales. It is mostly crucial in companies that want their new product to be adopted by their potential customers. For this to happen, the following factors have to be considered;

1. Complexity

Complexity can be defined as the ability of the potential customers to understand your product. The marketing of the product should be in simple and clear language that will easily be understood by most customers. The product should also be easy to use in the customer's daily life. It has been know that the more complex a product is, the harder it will be for the customers to adopt it.

2. Compatibility

Compatibility can be defined as the rate at which the product being offered aligns well with market values and expectations. The more compatible the product is to the market the faster the product will be adopted.

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Your parents will retire in 19 years. They currently have $300,000, and they think they will need $1 million at retirement. What
Svetlanka [38]

Answer:

rate = 6.54%

Explanation:

we need to find the rate at which a capital of 300,000 becomes 1,000,000 in a period of time of 19 years.

<u>So we build the following equation:</u>

300,000 (1+r)^{19} =1,000,000

(1+r)^{19} =1,000,000 \div 300,000

r=\sqrt[19]{1,000,000 \div 300,000}-1

rate = 0.065417765 = 6.54% after rounding

This will be the rate my parent will require to generate 1,000,000 in 19 years with their current savings of 300,000.

3 0
3 years ago
Which of the following statements concerning consumption is incorrect? Group of answer choices Wealthy people consume more than
Liono4ka [1.6K]

Answer:

Savings rates decrease as income increases.

Explanation:

Consumption can be defined as the use of goods and services by the household or end users.

The true and correct statements about consumption are;

1. Wealthy people consume more than other people.

2. Expectations about future prices affect consumption.

3. Tax increases reduce consumption.

The incorrect statement concerning consumption is that, savings rates decrease as income increases because an increase in income generally result in an increase in savings rates.

3 0
3 years ago
What agency provides over 25,000 government publications?
shepuryov [24]

Answer:

Correct Answer:

4. The Government Printing Office

Explanation:

The United States Government Publishing Office is an agency of the legislative branch of the United States federal government with the mandate to inform the Nation by producing, procuring, and disseminating printed and electronic publications of the Congress as well as the executive departments and establishments of the Federal Government.

7 0
3 years ago
Why do you think it will be important to stay flexible if your goals change as you get<br> older?
Svetradugi [14.3K]

Answer:

You will feel stronger once you gain a bit of flexibility, simply because that flexibility gives you the range of motion to let your muscles work more efficiently. Maintaining flexibility will aid in muscle and joints health, which can keep older adults doing their favorite daily activities and remain independent.

6 0
2 years ago
Assume you sell short 100 shares of common stock at $45 per share, with initial margin at 50%. What would be your rate of return
zavuch27 [327]

Answer:

Rate of return=0.222=22.2%

Explanation:

Price at which shares are sold=$45 per share

Number of shares=100 shares

Initial margin=50%=0.5

Price of share on repurchase=$40 per share

Required:

Rate of return if shares are repurchased=?

Solution:

Rate of return=\frac{Profit}{Initial\ Investment}

Profit earned=($45-$40)*100

Profit earned=$500

Initial Investment=(100*45)0.5

Initial Investment=$2,250

Rate of return=\frac{500}{2250}

Rate of return=0.222=22.2%

8 0
3 years ago
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