Andrea and Karl got married a year ago and are ready to move out of their apartment and into a new home. After looking at several houses, they have developed a list of features that are important to them and that are different among the homes they have visited. The features on their list are called __________.

Answers

Answer 1

Answer:

Andrea and Karl got married a year ago and are ready to move out of their apartment and into a new home. After looking at several houses, they have developed a list of features that are important to them and that are different among the homes they have visited. The features on their list are called determinant attributes.

Explanation:

The attributes that are very essential for the determination of final choice of buying a good or services are called as determinant attributes. These attributes are considered as an important thing that the buyer ultimately use for purchasing a product and also uses them to compare and differentiate the features of other products or services.

In the example given, Andrea and Karl list a set of features that are very important to them and they compare with the homes they visited. Thus these list of features will be considered as determinant attributes with which they decide the home to which they shift.

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Peruse the book, "How to Win Friends and Influence People". You will find a PDF copy of the book in this module.Find one principle that you consider to be valuable to business and write a one page summary of that principle.In your one page summary you will address the following:1. The principle that you are referring to and where in the book it can be located.2. Why Dale Carnegie considers this principle to be important3. Explain how this principle can be used to make you or your business plan better.
A perfectly competitive market:a. may not be in the best interests of society, whereas a monopoly market promotes general economic well-being b. promotes general economic well-being, whereas a monopoly market may not be in the best interests of society c. and a monopoly market are equally likely to promote general economic well-being d. is less likely to promote general economic well-being than a monopoly market
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Characteristics of a monopoly

Answers

Number of firms -one Nature of product-a unique product with no close substitute Entry- completely blocked Information - complete Collusion between sellers - irrelevant Firm's control over the price of product - considerable , but limited by market demand and goal of profit maximisation Demand curve of the firm's product - equals market demand curve : downward sloping Long-run economic profit - can be positive

recommend ways in which businesses can contribute time and effort to advance the wellbeing of other business context in the following aspects: improving the general quality of life, Refraining from engaging in harmful practices, Making ethically correct business decisions and Providing support to employees

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The right answer for the question that is being asked and shown above is that: "Refraining from engaging in harmful practices." Recommend ways in which businesses can contribute time and effort to advance the well being of other business context in the following aspects: Refraining from engaging in harmful practices

A balance sheet represents a systematic listing of the assets, liabilities, and owner's equity at the time it is made. True

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That statement is True

The basic systematic formula is : Assets = Liabilities + Owner's Equity

The amount of the total assets that exist on the balance sheet have to exactly the same with the sum of Liabilities and owner equity, if not, then there's something wrong in the accounting process

Is the method used to determine the number of units a firm must sell at a specific price to cover all costs.Answer
Fixed-cost pricing
Incremental analysis
Breakeven analysis
Ratio analysis

Answers

That method is called the Breakeven analysis

It basically used to determine at which point will your business start to cover all the expense and start to gain profit

In startups, the faster your business reach breakeven point, the more investors will be interested to invest in your business

When resources are constrained, which of the following should be used to guide product mix decisions? A. The products' contribution margin per unit of constraint B. The products' contribution margin C. The products' gross margin per unit of constraint D. The products' gross margin

Answers

Answer:

A. The products' contribution margin per unit of constraint

Explanation:

When resources are constrained, the products' contribution margin per unit of constraint should be used to guide product mix decisions.

A product mix is referred to the the entire range of products that is offered by a company.

The products' contribution margin per unit of constraint is the contribution margin per unit which is divided by the units of resources that are constrained in order for the production of one unit.

The next step in your plan is to identify which government regulations will impact your business. In two to three sentences, explain these impacts and how it will affect your business

Answers

Answer:There are many regulations that can affect business and this varies depending on the product ,the country and the type of business .Here ,I will identify 5 government regulations that can affect the business which are advertising,tax, employment and labor law ,anti trust law and email marketing etc

Explanation:

Tax :Tax is a compulsory payment business , individuals must pay to the government .

Different tax type such as excise, employment,income tax etc has different impact on the business ...The higher the tax ,the more effect it has on the business . Government also offer incentive in form of tax to business owners and tax holiday to encourage business owners ,this has positive effect on the business .

Employment and labor law:This law will affect how you employ people to work for you and guidelines you must follow in your conduct with them

Anti trust law:Anti trust law explains the relationship between the business the customers,and other competitors .

Anti trust law addresses issues such as fixing of prices ,price discrimination, Monopoly etc .

The antitrust law can affect a business positively or negatively.

Advertising : Advertising is necessary for the growth of a business but due to dubious act of some business men .The government has taken appropriate steps to control false advert .

The impact advertising will have on your business is huge ,provided you abide by the rules of the government such as complying with labor laws , proper understanding of rules of marketing etc .once those are understood ,good advertisement will increase a business customers .

Email marketing :This involves how you sell your products via email messages to customers and potential customers .The government regulations here are similar to advertising and the main aim is to protect consumers from false information, exaggerated opinions, deception etc .

This regulation ensures things are done the proper way and a due process is followed .

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A phone company offers 2 monthly charge plans. In plan A , the customer pays a monthly fee of $25 and then another additional 9 cents per minute of use. In plan B, the customer pays a monthly fee of $32.60 and then an additional 7 cents per minute of use. For what amounts of monthly phone use will Plan a cost no more than plan b?