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2 years ago

Will there always be a demand for inferior goods? how could demand for an inferior good decrease? explain.

1 answer:

8 0

Mainly income is a huge factor here, if income somehow manages to decrease then there will be a demand on inferior goods because people cannot afford superior goods anymore

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Levitt promoted the idea that the success of companies like McDonald's and Coca-Cola that sell essentially the same products eve

Ksivusya [100]

Answer:

Globalization of markets and brands

Correct option A

Explanation:

Globalization has enabled firms to specialize and to increase the intensity of R&D, innovation and capital in their output.

Globalization has made it easier for new companies to start competing with old companies.

Globalization has made companies to increased the number of people that it employs, both through exports and imports.

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3 years ago

Managers of Wendy's fast-food restaurants keep track of prices at competitors such as McDonald's, Burger King, and Arby's, knowi

Y_Kistochka [10]

Answer:

It will affect Wendy's fast- food sales negatively.

Explanation:

Especially if the competitors have larger market share than Wendy's Fast-food. There will be a switch in consumers from Wendy's Fast-food to it's competitor, therefore reducing its sales and invariably reducing it's profit.

Therefore, Wendy's fast-food should be in tune with price fluctuation of it's competitors especially if it is a price decrease.

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3 years ago

The Gotham Corporation regularly produces budget vs. actual data for its managers. The company is particularly sensitive to pers

Rudik [331]

Answer:

Option C Internal Control Information

Explanation:

The reason is that variance analysis is the process through which we emphasize control over costs which is solely management accounting and is not linked to financial reporting so the option B is incorrect. This information is internally generated which means saying that the information is obtained from external sources is totally incorrect. The option a is generally correct because this information is part of internal information. But Option C is more relateable here so the better option is Option C.

6 0

3 years ago

The Seattle Corporation has been presented with an investment opportunity which will yield cash flows of $30,000 per year in Yea

Sergio [31]

Answer:

payback period = 4.86 years

Explanation:

given data

cash flows year 1 = $30,000 per year

cash flows year 5 = $35,000 per year

cash flows year 10 = $40,000 per year

investment cost = $150,000

to find out

payback period for this investment

solution

we get here accumulated inflows will be

accumulated inflows year 4 = $30,000 × 4

accumulated inflows year 4 = $120,000

and

accumulated inflows year 5 = $120,000 + $35,000 = $155,000

and Initial investment = $150,000

so payback period will be

payback period = 4 years + (150,000 - 120,000) ÷ 35,000 × 365 days

payback period = 4 years and 313 days

payback period = 4.86 years

3 0

3 years ago

Jang-mi owns her own cleaning business and posts on local message boards online to advertise her business. Customers can reach o

____ [38]

<h3>What is telemarketing?</h3>

Telemarketing is a form of direct marketing in which a salesman calls potential clients to ask them to purchase goods or services.
This can be done over the phone, during a prearranged in-person meeting, or by web conferencing.

<h3>What is microtargeting?</h3>

Direct marketing datamining techniques that use predictive market segmentation are part of microtargeting, which is frequently used by political parties and election campaigns.

<h3>What is direct marketing?</h3>

The act of presenting an offer directly to a target client and providing them with a way to respond immediately is known as direct marketing.
It is sometimes referred to as direct response marketing among practitioners.
Advertising, in contrast, is a form of mass messaging.

<h3>What is the sharing economy?</h3>

The sharing economy is a socioeconomic structure based on capitalism that emphasizes resource sharing.
It frequently involves a different method of buying goods and services than the conventional business model, which involves employers hiring workers to create commodities that are then sold to customers.

Therefore, the correct answer is (C) Direct marketing.

Know more about direct marketing here:

brainly.com/question/14457086

#SPJ4

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1 year ago