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alexandr1967 [171]
3 years ago
14

Uber is considering adding a service to their current offering. Instead of picking up people and taking them to their destinatio

n, Uber is thinking about adding a local pickup and delivery service for things such as documents, packages, and food products. With Walmart now offering pickup grocery service, a person could order and have Uber actually do the pickup and delivery. Focus groups indicate that there is a potentially large demand for this service. Before introducing this across the Uber system, Uber has chosen to try the service out in Phoenix and St. Louis. The pickup and delivery service is in the_________ stage of the new-product development.
Business
1 answer:
nydimaria [60]3 years ago
8 0

Answer:

test market

Explanation:

From the question, we are informed about Uber who is considering adding a service to their current offering. Instead of picking up people and taking them to their destination, Uber is thinking about adding a local pickup and delivery service for things such as documents, packages, and food products. With Walmart now offering pickup grocery service, a person could order and have Uber actually do the pickup and delivery. Focus groups indicate that there is a potentially large demand for this service. Before introducing this across the Uber system, Uber has chosen to try the service out in Phoenix and St. Louis. In this case, The pickup and delivery service is in the test market stage of the new-product development.

In domain of marketing, A test market can be regarded as a geographic region as well as demographic group that is utilized in guaging of the viability of a particular product/service in the mass market before porting to a wide scale roll-out.

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The discount rate is the interest rate on loans that the federal reserve makes to banks. banks occasionally borrow from the fede
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<span> for short-term (typically overnight) loans. when the federal reserve uses open-market operations to sell government bonds</span>
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3 years ago
Ken guest's summer-long trip from new york city to a village in the fujian province of southeast china illustrated the effects o
Nonamiya [84]

Answer – 70 percent

 

Kenneth J. Guest, a professor of anthropology at Baruch College. His area of focus in research is China, New York City, immigration, religion, and transnationalism. His fieldwork in China and the United States includes a summer-long trip from New York City to a village in the Fujian province of southeast china, illustrating the effects of globalization on a local community. About 70 percent of the village population lives in the united states today.

 

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3 years ago
What is the custom for running for a seat in the House?
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I think the Constitution provides that the total number of seats in the House shall be distributed among the States on the basis of their respective populations.
3 0
3 years ago
As a farmer, Gary Forsythe is familiar with the economics of perfect competition. How is the price at which he sells his corn de
Svetlanka [38]

Answer:

This question is incomplete, the options are missing. The options are the following:

a) ​It is determined by Gary because he has a product that many people want.

b) ​The price is determined by combining the actions of all buyers and all sellers together.

c) ​The price he will receive is primarily determined by a few buyers at the local grain bin.

d) ​The government sets the price of the corn to level the playing field for everyone.

e) ​The price will be approximately 25 percent higher than what other farmers are selling the same corn for because Gary is an astute businessperson.

And the correct answer is the option B: The price is determined by combining the actions of all buyers and all sellers together.

Explanation:

To begin with, the structure of market known as <em>''perfect competition"</em> is considered to be the one in where the price of the product is determined by the interaction between all the buyers and sellers of the market due to the fact that there is huge amount of them and the product that is being sell is homogenous so that means that there is no difference between buying to one or other producer. That is why that the sellers and buyers are known as "price-takers".

5 0
4 years ago
The following three identical units of Item A are purchased during April:
grandymaker [24]

Answer:

Determination of Gross Profit and Ending Inventory:

a. First-in, First-out (FIFO)

1. Determination of Gross Profit:

Sales               $118

Cost of Sales    68

Gross profit    $50

2. Determination of Ending Inventory:

Apr. 14  Purchase 1 $73

Apr. 28 Purchase 1  75

Total 2         $148

b. Last-in, First-out (LIFO):

1. Determination of Gross Profit:

Sales               $118

Cost of Sales    75

Gross profit    $43

2. Determination of Ending Inventory:

Apr. 2  Purchase 1 $68

Apr. 14 Purchase 1 $73

Total 2                  $141

c. Weighted average cost methods:

1. Determination of Gross Profit:

Sales              = $118

Cost of Sales =   72

Gross profit  =  $46

2. Determination of Ending Inventory:

Ending inventory = 2 x $72 = $144

Explanation:

FIFO, LIFO, and Weighted Average Cost Methods are different techniques for allocating costs of products to the cost of goods sold and the ending inventory.  They produce different results.  FIFO assumes that units sold are taken from the units purchased first.  LIFO assumes that units sold are taken from the units purchased last.  Weighted Average Method uses the average cost to determine the cost to allocate to cost of sales and ending inventory.  The average cost is obtained by summing the total inventory costs and dividing it by the units available for sale.  Then this average cost is applied to the quantity sold and the quantity remaining to obtain cost of goods sold and value of ending inventory.

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4 years ago
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