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3 years ago

Many firms advertise. What effect does advertising have on firmâ€‹ profits? One possible effect of advertising is to:_________

Business

1 answer:

spayn [35]3 years ago

6 0

Answer:

Option b: Increase profits by shifting the demand curve for the product to the right

Explanation:

Marketing is simply all the activities necessary for a firm to sell a product to a consumer. Firm engages in marketing to make their brand or product known.

Advertising has a whole lot of effect in the society at large. There are economic effect, social effect and others.

effects of advertising on the prices of goods and service includes exerting an upward pressure on prices that is the Cost of advertising is passed along to consumers and Advertising makes us less price sensitive) and exerting a downward pressure on prices may lead to economies of scale and Lowers the cost of sales.

Social Effects of Advertising is that it is manipulative and promotes unnecessary consumption,Advertising makes us more intelligent consumers and promotes worthwhile social causes.

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Simplifying the ABC System: TDABC Golding Bank provided the following data about its resources and activities for its checking a

IRISSAK [1]

Answer:

1.$20 per hour

2. Processing accounts $4 per account

Issuing statements $2 per statement

Processing transactions $1 per transaction

Answering inquiries $3 per inquiry

$40,000

Explanation:

1. Calculation to determine the capacity cost rate for the checking account process

Using this formula

Capacity cost rate= Total resources / Total checking processing hours

Let plug in the formula

Capacity cost rate= $400,000 / 20,000

Capacity cost rate= $20 per hour

Therefore the capacity cost rate for the checking account process is $20 per hour

2. Calculation to determine the activity rates for the four activities.

Processing accounts= 0.20 × $20

Processing accounts= $4 per account

Issuing statements= 0.10 × $20

Issuing statements= $2 per statement

Processing transactions= 0.05 × $20

Processing transactions= $1 per transaction

Answering inquiries= 0.15 × $20

Answering inquiries= $3 per inquiry

Therefore the activity rates for the four activities are:

Processing accounts $4 per account

Issuing statements $2 per statement

Processing transactions $1 per transaction

Answering inquiries $3 per inquiry

Calculation to determine the cost of the issuing statements activity If the total of issuing statement was 20,000

Using this formula

Cost of the issuing statements activity= Issuing statements*Total of issuing statement

Cost of the issuing statements activity

Let plug in the formula

Cost of the issuing statements activity= 20,000 × $2

Cost of the issuing statements activity= $40,000

Therefore the cost of the issuing statements activity is $40,000

7 0

3 years ago

An offer is made to sell a house, and the offeree has deposited an acceptance letter in the mailbox, but it has not been receive

mash [69]

Answer:

False

Explanation:

As the contract was formed when the offeree has deposited acceptance letter in the mailbox, hence the offeror is bond to sell the house.

4 0

3 years ago

8. How does working with other cultures affect stakeholders?

Ede4ka [16]

Answer:

In his recent Harvard Business Review blog post, Peter Bregman describes a scenario where a hopeful employee missed out on a promotion in part because he didn’t say thank you. I can only begin to imagine the employee’s disappointment over what appears to have been such a trivial oversight.

This example highlights the importance of having an appreciation for the corporate culture and the national culture of the organization and the stakeholders with which you are working. This appreciation of culture—including national culture—is of paramount importance on projects too.

Many projects today span organizations, countries, and time zones. Business analysts and project team members will be interacting with multiple stakeholders, potentially distributed all over the globe.

The reality—and this certainly won’t come as a surprise—is that different cultures are different. They have different values, norms, rituals, and expectations. This complex stakeholder landscape raises the risk of inadvertent misunderstandings, conflict, and culture clash.

When working with stakeholders to understand their needs and requirements, it’s essential to build rapport—and this requires empathy and understanding of differences in cultures.

One of the challenges is that while it’s easy to observe the culture of others, it’s often difficult to look introspectively and observe our own culture. I spent most of my childhood years in Britain, but I spent one year in the US. I remember subtle differences in language, as well as significant differences in culture. I remember my American friends were far more forthright and direct in their communication; we Brits tend to hide behind politeness and indirectness.

Neither is inherently better or worse—just different. However, the important point is that we tend to observe others through our own internalized cultural lens.

An important way to avoid culture clashes on projects is to focus on developing self awareness of culture—that is, to understand our own cultural identity and norms.

Professor Geert Hofstede has written and researched on cultural differences, and the Hofstede Centre website provides a useful reference point for understanding how your native culture compares with others, as well as how others might perceive your culture. Hofstede proposes a number of cultural dimensions on which cultures can be compared.

This is extremely useful to consider for projects that span countries and cultures—as different cultures have different attitudes toward authority, for example. This might affect how you elicit requirements. In a highly hierarchical culture, lower-ranking employees might not feel empowered to speak openly in front of their supervisors, and you may need to plan for this.

Whilst Hofstede’s research is extremely useful, it’s also beneficial to understand specific cultural norms and practices. It is well worth reading cultural guides so you can build an understanding of any specific cultural practices that might be important to your stakeholders. This kind of knowledge will help you avoid inadvertent cultural slip-ups.

For projects that span countries and nationalities, culture matters. Cultural research and self-awareness pay dividends.

Explanation:

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3 0

3 years ago

A small business group assigned a member the task of "Devil's Advocate." What is this member's primary duty?a. To encourage grou

Nataliya [291]

Answer:

(b). To prevent groupthink by automatically opposing whatever idea any group member proposes

Explanation:

Groupthink is a situation that occurs in a group where group members settle for an idea proposed by a group member without trying to come up with better alternatives.

This sometimes happens because the group members want to preserve harmony within the group.

A member assigned the role of devil's advocate in a group has a responsibility to prevent the group members from settling for a proposed easy solution, by opposing any idea a group member proposes, so as to generate some argument and push the group to reach a better solution if possible.

3 0

3 years ago

under which scenario would an hr manager be required to rehire a striker who wanted to be reinstated?

ExtremeBDS [4]

Following unfair labor practice strikes.

Employees who are on strike are known as economic strikers if their goal is to pressure their employer to make a financial concession, such as higher pay, less hours worked, or better working conditions.

They maintain their status as employees and cannot be let go, but their employer may replace them.

Unfair labor practice strikers are workers who go on strike to protest an unfair labor practice that their employer has engaged in. Such strikers cannot be permanently replaced or released.

Unfair labor practice strikers are entitled get their employment back when the strike is over, even if workers hired to do their job must be let go, barring substantial wrongdoing on their part.

If the Board determines that economic strikers or unfair labor practice strikers who filed an unequivocal demand for reinstatement had it wrongfully rejected by their employer, the Board may grant these strikers severance pay beginning at the moment they ought to have been reinstated.

To know more about strike, visit:

brainly.com/question/5171285

#SPJ4

8 0

1 year ago