Answer:
a. The product must be sold
Explanation:
Total revenue and total expenses are recorded in the income statement.
If the total income exceeds than the total expenditure then the company earns net income And if the total income is less than the total expenditure then the company has a net loss.
The product includes direct material cost, direct labor cost ,and the manufacturing overhead cost. If the product cost is not sold then it is shown in the asset side of the balance sheet as an inventory
And, if the product is sold, the same is subtracted from the cost of goods sold and shown in the income statement
This positioning reflects Pepsi’s careful targeting and marketing mix implementation
Explanation:
However, if you characterize your target market carefully and narrowly, your efforts will work more successfully.
Implementation of Marketing Marketing and action planning blend. There are links between the action plans and marketing mix. That is to say, the risk assessments contain a detailed description of the marketing plan, as well as its objectives and targets , mixed marketing activities, processes and measures of program assessment, budgetary factors and scheduling considerations, and quantitative evaluations.
The correct option is (b) negligent hiring.
State courts have ruled that companies can be held liable for negligent hiring if they fail to do adequate background checks.
<h3>What is negligent hiring doctrine?</h3>
According to the doctrine of negligent hiring, a company is responsible for any injury its workers do to third parties if they knew or should have known that the employee posed a danger of doing so, or if a reasonable investigation would have revealed the risk.
The causes of negligence hiring are-
- Whether the employee's unfitness was the cause of the injuries that resulted
- Whether the employer knew or should have known (had the employer used ordinary care) of the employee's unfitness at the time of employment. Each state has a different liability standard.
An employer be concerned about negligent hiring and retention because-
- An employer may be liable for real injuries, pain and suffering, and even punitive damages if they fail to discipline an employee who poses a danger of injury to coworkers, clients, and others.
- The company may be held liable if these employees go on to commit careless or reckless conduct that could endanger others.
The elements of a negligent retention claim include all of the following:
- An affiliation with a company.
- The employee's lack of expertise.
- The employer may have had actual or constructive awareness of the ineptitude.
- An employee's action or inaction that resulted in the plaintiff's injuries.
To know more about the negligent hiring with example, here
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Answer: A. $250 million
Explanation:
The firm is a Monopoly and is lobbying Congress to remain that way. As a monopoly it makes $10 million a year and wants to remain a monopoly for the next 25 years.
Assuming there is no discount rate which means that the value of money stays the same over the 25 years, if they succeed in Congress, they have a chance to make a total profit of,
= 10 million * 25 years
= $250 million
If the maximum amount the firm can make if the lobbying is successful is $250 million, this is the maximum they will pay to lobby for a deterrence to entry. If they pay any amount more than $250 million, they will be making a loss and therefore it would make no sense to spend that amount of the lobbying.
