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Lapatulllka [165]
3 years ago
5

Explain how test-marketing can increase profits.

Business
1 answer:
kirill [66]3 years ago
7 0

Answer:

Test marketing holds a lot of importance for the company. It allows

the company to test their product in a small region so as to get an

idea whether the product will work in a bigger market or not.

Through this, the company can measure the performance of the

product and can decide whether it should be released nationwide

for sale. Through this, the company can estimate the earnings that

can be earned through this product beforehand.

Explanation:

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Manuel earned a college degree in computer science and now works at a rea lly laid-back dot-com. His high school business teache
RoseWind [281]
• be early
• do your research
• bring a copy of your resume/portfolio
• be prepared to answer questions and ask important questions
• don’t lie or overshare
• check nonverbal cues (firm handshake, eye contact, smile, good posture, take notes, etc)
• dress appropriately (no jeans, t-shirt, or shorts)
• use a blue or black ink pen
• know your interviewer
• send them thank you note
• be friendly and confident
• watch what you eat (eat a healthy meal before going to your interview)
• be yourself
8 0
3 years ago
B) Answer the following questions.
lana [24]

Answer:

Yes, agree, business transactions are economic transactions. Two reasons why:

  • Profit motive: economic transactions have a profit motive: they are carried out and agreed upon between the two parties, because the parties feel that they will be better off after the transaction is completed. Business transactions are based on the profit motive.
  • Things of value: goods and/or services, are exchanged between the parties. In business transactions, either a good (for example, an asset), or a service (for example, employees), is always exchanged.

6 0
3 years ago
In a ____________, all functional activities are controlled by a product group at headquarters; local managers do not usually pr
german

Answer:

Global product division structure.

Explanation:

A Global product division structure is a business structure where the central headquarters controls the activities of it's branches which are located in different countries, especially when it involves key decision making process in the business.

The various member branches of the global product division structure has a manager who supervises the daily runnings of the business and gives a report back to it's central headquarters.

4 0
3 years ago
Charlotte is the Lucas family's 22-year-old daughter. She is a full-time student at an out-of-state university but plans to retu
ehidna [41]

Answer:

Charlotte is a qualifying child (QC)

Explanation:

The six IRS requirements are: for determining a qualifying child are:

  1. Relationship: Charlotte is the Lucas's daughter.
  2. Age: since she is a full time student, she can be up to 24 and still qualify (she is only 22).
  3. Residence: the time spent studying counts as living with her parents.
  4. Support: Charlotte is not able to pay for at least half of her expenses.
  5. Joint return: Charlotte is not filing any joint return.  
  6. Citizenship: apparently Charlotte is American or at least legal alien.
3 0
3 years ago
hich one of the following statements is correct? Question 13 options: A longer payback period is preferred over a shorter paybac
Marta_Voda [28]

Answer:

The payback period ignores the time value of money.

Explanation:

The Payback period calculates the amount of time it takes to recover the amount invested in a project from its cumulative cash flows.

The shorter the payback period, the more desirable a project is.

The company determines the maximum pay back period, it can be a year or more than a year of even less.

The Payback period doesn't account for the time value of money. The discounted playback period corrects for this limitation.

The Payback period method ignores cash flows after the payback period has been reached.

I hope my answer helps you

7 0
3 years ago
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