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3 years ago

Companies address needs by putting forth a ________, a set of benefits that they offer to customers to satisfy their needs.

Business

1 answer:

Dovator [93]3 years ago

4 0

Answer:

value proposition

Explanation:

A value proposition refers to the guarantee of meaning that needs to be provided, shared, and remembered. It is a customer trust in how quality (advantage) is always to be provided, perceived, and gained. A value proposition might refer to an entity as a whole, or sections of it, or account holders, or products.

Another aspect of the corporate strategy is to build a value proposition. This Model is depcited on a distinct consumer value proposition," Kaplan and Norton claim. "Customer satisfaction is the foundation of stable wealth creation."

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Suppose you have $8000 in your checking account. You withdraw $500 cash from your account and hide it under your pillow for futu

kramer

Answer:

The money supply decreases by $4,500.

Explanation:

The amount of deposits is $8,000.

The required reserve ratio is 10%.

The amount of required reserve

= 10% of $8,000

= $\frac{10}{100}\times 8,000$

= $800

The amount to be loaned out

= Total deposit - Required reserves

= $8,000 - $800

= $7,200

The money supply is equal to money multiplier times the monetary base.

Money supply

= $\frac{1}{RR} \times Monetary\ base$

= $\frac{1}{0.1}\times \$ 7,200$

= $72,000

So, the money supply before withdrawal is $72,000.

After withdrawal of $500, the deposits is

= $8,000 - $500

= $7,500

The amount of required reserve

= 10% of $7,500

= $\frac{10}{100}\times 7,500$

= $750

The amount to be loaned out

= Total deposit - Required reserves

= $7,500 - $750

= $6,750

Money supply

= $\frac{1}{RR} \times Monetary\ base$

= $\frac{1}{0.1}\times \$ 6,750$

= $67,500

So, the money supply after withdrawal is $67,500.

The decrease in money supply

= $75,000 - $67,500

= $4,500

3 0

3 years ago

IGM Technologies sells a new calibrated filtering system used to virtually eliminate all types of hazardous gas emissions in che

BabaBlast [244]

Answer:

Personal Selling

Explanation:

Personal Selling is one of the elements of promotion mix which involves one to one sales communication with potential customers. Personal selling is one of the most effective promotion approaches because it can be tailored to meet potential customers needs, especially when sales of a particular product and service demands that.

In the case of IGM Technologies, personal selling would be the most likely used because of the complex technology that customers may not understand easily and need for sales personnel to educate potential customers about the product.

Others elements of promotion mix, such as advertising, public relations and mass marketing will be less effective as they don`t bring sales personnel close to potential customers as personal selling. And using any one of three other elements of promotion mix will not help potential customers to understand the complex technology, manner of usage and how to maintain the filtering system.

So personal selling will most likely be used.

7 0

3 years ago

Cinnamon Buns Co. (CBC) started 2018 with $52,000 of merchandise on hand. During 2018, $280,000 in merchandise was purchased on

Olenka [21]

Answer:

$ 15,480

Explanation:

Data provided:

Beginning merchandise inventory = $ 52000

merchandise purchased = $ 280000

Freight charges = $ 9000

Returned merchandise = 4000

Discounts provided = 2/10 = 0.2 = 2%

thus,

for purchase merchandise, total discount = (Purchased - returned) × 2% = = (280000-4000) × 0.2 = $ 5520

Thus,

the cost of goods available for sale = (Beginning merchandise inventory + merchandise purchased + Freight charges - Returned merchandise - Discounts provided )

the cost of goods available for sale

= $52000 + $280000 + $9000 - $4000 - $5520 ) = $ 331,480

Also, Cost of goods sold = $ 316000

Hence,

The ending inventory = cost of goods available for sale - Cost of goods sold or

The ending inventory = $ 331,480 - $ 316000 = $ 15,480

3 0

3 years ago

A batch of Raisin Bran that has been made at Kellogg's, but not yet packaged in its final cereal box would be an example of what

IgorLugansk [536]

Answer:

c. Work-in-process

Explanation:

Work in progress refers to goods that are partially complete. It is a term in supply chain management used to describe products that have not gone through the entire production process. These goods are most likely to be found in the production area, or the production line.

The cost of work in progress will include labor, raw materials, and overhead expenses incurred for products that are in various stages of production. Work-in-progress is accounted for as current assets. It later progresses to finished goods and eventually to cost of sales.

4 0

3 years ago

A price floor set above an equilibrium price tends to cause persistent imbalances in the market because

meriva

Answer:

Because of surplus in the market which cannot be corrected.

Explanation:

Above the equilibrium price, the supply of product is greater than its demand. In other words, there is a surplus in the economy.

When a price floor is set above the equilibrium price, it is not binding. It also causes a persistent imbalance in the economy.

This imbalance is caused because of surplus in the market which cannot be corrected by lowering the price as the price is fixed.

7 0

3 years ago