1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alenkasestr [34]
3 years ago
7

A culturally defined group to which a consumer belongs based on resources like prestige, income, occupation, and education is kn

own as a _____.
Business
1 answer:
zlopas [31]3 years ago
7 0

Answer: Social Class

Explanation:

Social class and income level are closely related with each other but these two are different concepts. Income level is largely based on the monetary resources a consumer have. Whereas social class defined a group of consumers which is based on the income, prestige, occupation, education. Social class have two recognizable components:

(1) Income

(2) Occupation

Everyday consumers are trying to improve their life by increasing the income level and moving up the social class.

You might be interested in
A group of management consultants is studying OGSI Manufacturing and its team management strategy. Once Pete Jazoni's work group
boyakko [2]

Answer:

the Hawthorne effect

Explanation:

The Hawthorne Effect is the theory that states that people are more likely to modify their behavior because they are under study or evaluation and not as a result of response to stimuli.

Therefore, according to the given question, Pete Jazoni's output nearly doubled once it was selected for special attention by experts. This is an example of the Hawthorne effect.

7 0
3 years ago
The "too big to fail" policy of the Fed, whereby some banks are bailed out if they are in danger of failing because they are too
Jlenok [28]

Answer:

c.Moral hazard

Explanation:

Moral hazard can occur when banks take on excessive risk more than they would normally take on because they know they would be bailed out if they fail.

I hope my answer helps you

5 0
4 years ago
Ben is employed as a carpenter and his wife, Marilyn, is a self-employed consultant. Besides Ben’s salary, Ben and Marilyn own a
Alona [7]

Answer:

B. The cost of utilities is deductible for AGI

Explanation:

The entire cost of the utilities would be for AGI deduction assuming no personal use of the condo. The employer portion of Marilyn's self-employment tax would be deductible as well.

Adjusted gross income (AGI) is a measure of income calculated from your gross income and used to determine how much of your income is taxable. It is the starting point for calculating a filer's tax bill in the United States and, among other things, is the basis for many deductions and credits. When filing your taxes online—as about 80% of filers do—the software you use will calculate your AGI for you.

3 0
3 years ago
Absent any exaggeration, supply chain professionals could boast how crucial their role is in satisfying B2B and B2C customers al
const2013 [10]

Answer:

True, but it applies to everyone in the organization.

Explanation:

Modern companies can only be successful if every single employee works as a team member, since competition keeps increasing and customers' expectations keep rising.

Every single role within an organization is important. Can supply chain professionals distribute a product that doesn't exist (wasn't manufactured on time)? Could they distribute a product that no one wants to buy (marketing and sales are extremely important also)? Could anyone work if the finance department couldn't do its job and there was no money in the company?

We tend to believe that what we do is extremely important and difficult to do, and other people have it easier because their are simpler than ours. But that is just nonsense. Once I heard a quarterback talking about who was the most important player in a football team, and his answer really surprised me, "Quarterbacks fill stadiums, but defenses earn championships". On a team no one is more important, the chain breaks on its weakest link.  

7 0
3 years ago
Farmer Ted planted 200 acres in wheat this year. The weather has been perfect and he expects to harvest a record crop within the
mina [271]

Answer:

d. Transactions exposure.

Explanation:

Transactions exposure -

It is the level of uncertainty involved in a business in the international trade face .

It is the risk which currency exchange rates would fluctuate after the firm has taken a financial obligation .

The high level of vulnerability to shift the exchange rates can lead to the loss of the major capital for the international business .

Hence from the information of the question , the correct answer is  d. Transactions exposure .

5 0
3 years ago
Other questions:
  • Lake City Plastics currently produces plastic plates and silverware. The company is considering expanding its product offerings
    15·1 answer
  • Although not recommended, some marketers decide to ignore market segmentation and target the whole market with one offer. this i
    12·1 answer
  • If a store uses a selling price-based markup of 40%, and an item costs the store $300, what selling price would the store set fo
    6·1 answer
  • ECONOMICS
    9·1 answer
  • the income effect of a price change refers to the impact of a change in a) income on the price of a good b) demand when the inco
    5·1 answer
  • Match the terms with their descriptions. Customer Inquiry Quotation Customer Purchase Order A. An agreement to purchase the stat
    7·1 answer
  • The process of transferring the cost of metal ores and other minerals removed from the earth to an expense account is called
    11·1 answer
  • Use the following data to calculate the cost of goods sold for the period: Beginning Raw Materials Inventory $ 30,000 Ending Raw
    11·1 answer
  • Who can you pay with PayPal?
    5·1 answer
  • Jan has just found out that she has been appointed to raise and provide the personal care of the children of her best friend in
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!