Answer:
Workers’ compensation is awarded as punitive damages of a lawsuit initiated by an injured employee.
Explanation:
<u>Workers’ compensation is awarded as punitive damages of a lawsuit initiated by an injured employee</u>. Workers’ compensation is a "no-fault" insurance system that gives financial support to those types of employees who become injured or ill while at work. It commonly includes partial wage care replacement, medical and death benefits.<u><em> Its main purpose is to eliminate the need for litigation by providing the injured workers with fixed monetary awards.</em></u>
Answer:
Both low price and high quality.
Explanation:
The characteristics that make a product or service have a perceived value for the consumer, are the various functionalities and benefits that satisfy the needs and desires of the customer. Such benefits are independent of the price of the product or quality, since value is a set of rational or irrational attributes that the consumer perceives, such as the brand image, experience, functionality, product benefits, etc.
Value creation is variable for each consumer group, as each person perceives value as a set of specific attributes that satisfy their desires, so it is not possible to classify low price or high quality as value determinants, as these characteristics change according to the consumer's style.
Therefore, for a company to deliver value to the consumer, it is essential that it conducts segmentation studies and identification of its target audience and from there develop strategies aimed at creating value for its audience.
Answer:
Option (A) is correct.
Explanation:
Correct balance:
= Bank balance on bank statement + Back deposits in transit - outstanding checks
= $1,445 + $150 - $350
= $1,245
So our checking accounting shows a balance of $1360, but the correct balance is $1245.
Hence, the difference between the two is $115.
Therefore, this means that we would debit $115 back to cash.
Considering the situation above, by building a strong brand, Wilson has effectively "<u>reduced the price elasticity of demand for its products</u>."
This is because the price elasticity of demand is a term in economics that defines the sensitivity of the quantity demanded of a commodity to its price.
Usually, the price elasticity of demand shows that when the price of a commodity increase, the quantity demanded decreases.
Thus, in this case, since it is said that Kendra allowed Wilson to charge a higher price and not lose many sales, therefore, Wilson has been able to reduce the price elasticity of demand for its products.
Learn more here: brainly.com/question/15654343
