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Triss [41]
3 years ago
6

As a component of real estate value, the principle of substitution states that

Business
1 answer:
k0ka [10]3 years ago
3 0

Answer:

a. If two similar properties are for sale, a buyer will purchase the cheaper of the two.

Explanation:

The principle of substitution justifies the idea that the maximum value of a property will be set by the selling price of an equally valuable and desirable substitute property. In this case of property sale, if an area has two similar houses and one is being sold for $912,000 and the other is priced at $105,000, buyers will most likely go for the cheaper one. There is no reason to pay more money if they will be getting a similar property at low cost.

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Helen inherited some money from her grandmother. She decided to open a coffee shop. She explored the main market area near her h
polet [3.4K]

Answer:

Helen decided to rent her shop in this location.

Explanation:

Helen choose to rent her shop in the location where there are many competitors. The competitors are well established branded coffee houses who serve coffee to their customers at very low price. In this situation customers will not move to any new coffee house. So Helen decided differentiating her coffee shop from other coffee houses and she decided to open a coffee shop where there are less or no competitors available.

7 0
3 years ago
Emily Jones, a junior design artist with a studio called Eye for Design, was known to be very good at her job. She had a lot of
bekas [8.4K]

Answer: Lack of growth

Explanation: Though extremely good at her job and highly experienced, Emily had a strong feeling that she was stagnant in her career. The reason for this stagnancy is the lack of growth in her job with the company. Lack of career development is one of the key reasons employees of organizations quit their jobs. Employees will be more engaged at work if they know they can grow which is also one of the highest drivers of engagement. High performing employees like Emily will remain in their jobs if it challenges them, utilize their expertise, provide meaning as well as growth opportunities.

3 0
3 years ago
Which action would a company consider an ethical use of social media by its employees?
guapka [62]

Letting friends on social media know about a publicly posted job opening would be considered as an ethical use of social media by its employees. Everyone who works for a firm should be aware that whatever they post on social media could have an impact on their respective businesses. Their good deeds may, to some extent, benefit their business.

On the other hand, the humiliating behavior or misdeeds of employees can harm the standing of the company they work for. Utilizing social media platforms correctly involves more than just avoiding common blunders. The ethics of using social media are not just about passive behavior, even though the majority of it is about avoiding doing certain things.

To learn more about social media, click here

brainly.com/question/18958181

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6 0
2 years ago
A second mover: a.is typically ineffective in its response to a first mover. b.attempts to provide a product with greater custom
Viktor [21]

Answer:

b. attempts to provide a product with greater customer value than the first mover.

Explanation:

In marketing, it is believed that the first mover gains an edge over the followers. A first mover is the initial entrant and provider of products and services catering to a marketing segment.

A second mover refers to the immediate next of the first mover. The advantage second mover has over the first mover being, it can analyze the response the first mover generated and effectively gauge what went right and what went wrong for the first mover.

This way, the second mover can provide improved products than the first mover by not committing same errors as the first mover.

5 0
4 years ago
1.How we can measure uncertainty in the environment? Define it with the help of relevant grid. Also provide at least one example
Dafna1 [17]

Answer:

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3 years ago
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