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Pavlova-9 [17]
3 years ago
13

Brand X, which currently markets luxury watches via billboards and advertisements in popular magazines, is considering saving mo

ney by advertising its newest line of luxury watches only in niche publications read by the wealthy. A recent study shows that most purchasers of Brand X`s luxury watches have only recently become wealthy, and purchase the watches because Brand X is highly coveted by those aspiring to wealth, who learn about Brand X watches via advertising. Therefore, Brand X should not implement its new advertising strategy because _____.
(A) most purchasers of Brand X’s luxury watches do not read magazines regularly
(B) newly rich consumers will not buy the watches if the watches are not advertised to people who are not yet wealthy who will then hold the watches in high regard
(C) the money saved by implementing the strategy will be outweighed by the reduction in revenue from the less expensive line of watches
(D) consumers who have only recently become wealthy purchase luxury watches in order to impress those who have been wealthy for some time
(E) consumers who are newly wealthy prefer to purchase products that are purchased regularly by the non-wealthy
Business
1 answer:
yuradex [85]3 years ago
7 0

Answer: the correct answer is (B) newly rich consumers will not buy the watches if the watches are not advertised to people who are not yet wealthy who will then hold the watches in high regard

Explanation:

The paragraph says that that most purchasers of Brand X's luxury watches have only recently become wealthy and buy this brand so the logical argument is to reach "recently become rich" to attain higher sales. Advertizing in the magazine mentioned is not guarantee that the "new rich" will buy more watches since we don't know if they read the magazine mentioned.

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The __________ system is a free online service that allows employers to check the legal status of their employees.
Sloan [31]

The answer is E-verify.

The E-verify system is a free online service that allows employers to check the legal status of their employees.

What is E-verify system?

  • E-Verify may be a Joined together States Division of Country Security (DHS) site that permits businesses to decide the qualification of their workers, both U.S. and remote citizens, to work within the Joined together States.
  • Note that no government law mandates utilize of E-Verify.E-Verify was initially built up in 1996 as the Fundamental Pilot Program to prevent undocumented laborers and other individuals who have damaged migration laws from getting work wrongfully within the Joined together States.
  • In Eminent 2007, DHS begun requiring all government temporary workers and merchants to utilize E-Verify.
  • The Internet-based program is free and kept up by the Joined together States government.

To know more about E-verify system visit:

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4 0
1 year ago
Use the cost information below for Laurels Company to determine the cost of goods manufactured during the current year:
adelina 88 [10]

Explanation:

jsjdjdnx xb ,nxjjsjsjs

5 0
3 years ago
The term given to units that represents the number of completed units that is equal, in terms of production inputs, to a given n
SIZIF [17.4K]

Answer:

The answer is EQUIVALENT UNITS (not included as an option).

Explanation:

Equivalent units are the complete units that could have been produced or manufactured during a period of time given the amount of manufacturing inputs (materials, labor) used.

For example, we have 100 nits that are 40% completed in relation to direct labor and direct materials, we could say that we have 40 equivalent units.

4 0
3 years ago
In general, consolidated financial statements should be prepared a.when a corporation owns more than 50% of the common stock of
anygoal [31]

Answer:

a.when a corporation owns more than 50% of the common stock of another company

Explanation:

Many a times, a parent company holds stock in it's own subsidiary company. Consolidation refers to presentation of combined profitability of a group wherein a Parent Co holds majority of the common stock i.e more than 50% of the common stock in it's subsidiary.

Such a presentation presents the combined picture of a group and helps in better comprehension and understanding by the users of the financial statements.

If a parent owns 100% stock in it's subsidiary, such subsidiary is referred to as a wholly owned subsidiary.

5 0
3 years ago
An investment offers €4,000 per year for 10 years, with the first payment occurring one year from now. (Do not include the euro
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Answer:

25,670.80€

Explanation:

this is an ordinary annuity since the first payment occurs one year from now. The present value of an ordinary annuity is given by the following formula:

present value = annual distribution x PV annuity factor

  • annual distribution =4,000
  • PV annuity factor, 9%, 10 periods = 6.4177

present value = 4,000 x 6.4177 = 25,670.80€

8 0
2 years ago
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