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
romanna [79]
2 years ago
11

Broker John is advertising a desirable property that sold months ago to attract buyers. When the buyers ask to see that property

, John shows them available properties instead. This is an example of
Business
1 answer:
Katyanochek1 [597]2 years ago
8 0

Answer:

Bait-and-switch advertising.

Explanation:

BAIT AND SWITCH ADVERTISING is a type of advertising where a seller of a products or goods deceive a prospective buyer by advertising a product that is desirable in which when the buyer make an effort to purchase the product or ask to see the advertised product the seller will show the prospective buyer available product instead of the advertised product in which the buyer will then find out that the advertised product is unavailable just as in the case of John who advertised a desirable property that was already sold out a months ago in order to attract prospective buyers in which when the advertised product was ask by the buyers he shows the buyer available properties instead which means that this act by Broker John is an example of BAIT AND SWITCH ADVERTISING.

You might be interested in
On March 1, 2019, Baltimore Corporation had 60,000 shares of common stock outstanding with a par value of $5 per share. On March
Eva8 [605]

Answer:

The retained earning would be debited by ($60,000)

Explanation:

According to the given data we have the following:

Number of shares outstanding=60,000

par value of $5 per share

stock dividend declared=cc

Therefore,  to calculate the amount either (debited) or credited to retained earnings we would have to make the followin calculation:

Dividend value=Number of shares outstanding×par value of $5 per share×stock dividend declared

Dividend value=60,000×$5×20%

Dividend value=($60,000)

Therefore, as the dividend paid reduces retained earnings, the retained earning would be debited by ($60,000)

3 0
3 years ago
Scenario C. Parker Brothers is a high-end furniture manufacturer located in the Midwest, Mr. Herbert "Bud" Parker started the fi
Reika [66]

The correct answer is A) organization culture.

The other options of the question were B) the company's macroenvironment. C) the organization's competitive environment. D) collective competitive intelligence. E) organizational structure.

The stories about the "Parker Legends" and the organization's most innovative designs are all clues to understanding the organization's culture.

This is the importance of the culture of a company. The series of values, principles, mission, and vision that characterizes and makes the company unique. Every single employee in the company shares these values and can be transmitted through time to new workers. "Parker Legends" is a tradition that is respected and is part of the organization's DNA.

5 0
3 years ago
" Suppose there are only two firms in an economy: Cowhide, Inc. produces leather and sells it to Couches, Inc., which produces a
Lunna [17]

Answer:

The answer is $52,000.

Explanation: When calculating GDP, only finished goods are included in the calculation, items that are used to manufacture other goods are not included in the calculation of GDP.

Therefore, the leather that was bought to produce couches in 2006 will not be included in GDP, because its value is included in the value of couches.

Couches, Inc. produced 16 couches and sold them for $3,000 each, computing that, we have:

16 x $3,000

= $48,000.

However, inventory that Cowhide, Inc. has that is worth $4,000 was produced in 2006 as well, so it is included in the GDP. This item will be included in the GDP because it has not yet been bought to used in manufacturing another item. So the answer is $52,000.

8 0
2 years ago
Market competition may sometimes encourage a firm to innovate out of fear because of the perception that Group of answer choices
topjm [15]

Answer:

they will inevitably fall behind other competitors seeking out innovations.

Explanation:

Innovation typically involves the creation of a new product of any category such as automobile, building, phones, electronics, etc., that generates money for the innovators or manufacturers through purchase made by the end users (consumers).

Competitive advantage can be defined as conditions, factors or circumstances that allow a business firm (organization) to manufacture finished goods or services better and perhaps cheaper than other (rival) firms in the same industry. Thus, it's responsible for putting a business firm in a superior or more favorable position than rival firms.

This ultimately implies that, a competitive advantage has a significant impact on a business because it increases its level of sales, revenue generation and profit margin when compared to rival firms in the same industry.

Hence, market competition may sometimes encourage a firm to innovate out of fear because of the perception that they will inevitably fall behind other competitors in the same industry who are seeking out innovations.

7 0
2 years ago
Which of the following statements illustrates a rent ceiling​? A. The interest on mortgage loans has gone up to 4.87 percent in
torisob [31]

Answer:

C. Bluestone Properties is permitted to charge a rent of​ $2,350 for​ 2-bedroom apartments that would rent for​ $2,500 in an unregulated market. 

Explanation:

Rent ceiling is a form of price control which is known as price ceiling.

A price ceiling is when the government or an agency of the government sets the maximum price for a good or service.

Rent ceiling increases consumer surplus and reduces Producer surplus.

Rent ceiling can lead to shortage of houses and emergence of black market.

Price ceiling is binding when it is set below equilibrium price.

I hope my answer helps you

3 0
2 years ago
Other questions:
  • Which professional would use decimals the most often?
    6·2 answers
  • Crane Company purchases a patent for $161,900 on January 2, 2022. Its estimated useful life is 5 years. (a) Prepare the journal
    6·1 answer
  • Select the correct statement about HR responsibilities of supervisors.A. Supervisors do not interview job candidates.B. In large
    14·1 answer
  • Assume the global economy consists of just two trading partners, the United States and Europe. Determine whether each scenario b
    10·1 answer
  • Explain global business planning system in detail
    11·1 answer
  • You have responsibility for economic policy in the country of Freedonia. Recently, the neighboring country of Sylvania has cut o
    8·1 answer
  • What is the amount of money you still owe to their credit card company called?
    12·1 answer
  • StuckinMyHouse book company is a boutique shop that produces a small selection of adult coloring books. The first quarter 2020 M
    8·1 answer
  • Which of the following is a good time management technique
    5·2 answers
  • A bank currently has $150 million in "hot money" deposits against which it wants to hold an 80 percent reserve and $90 million i
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!