If Raj is interested in a program that would prepare him to be a member of the workforce immediately he is out of high school he should go for the career academy program.
The career academy can be described as an academy that prepares people with work ready skills that they would need in the workplace.
Such academy exposes one to their peers and also helps the person by offering them mentoring and training on the career path that they choose.
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When Krystal Ginger graduates from culinary school she dreams of opening her own Asian fusion restaurant. Her other passion is skiing in Colorado, where she schedules four or five trips each year. As her small business advisor, you believe it necessary to provide her with information that will help her make good business decisions. Which of the following would be helpful for Krystal to know?
A. Restaurants are relatively easy businesses to start, but are labor intensive and also have the greatest failure rate.
B. Restaurants are not the easiest type of business to start, but once you get it going, you will have plenty of time for skiing.
C. Most restaurant owners get rich if they open their own, independent restaurant as opposed to starting a franchised operation.
D. Franchised operations will take less time on the part of the owner than a regular independently owned operation. If she opens a franchise, she will have more time for creativity in the business, and more time for skiing too.
Answer:
The answer is A.) Restaurants are relatively easy businesses to start, but are labor intensive and also have the greatest failure rate.
Explanation:
Find a systems analyst or database administrator within your company or any other company that uses a database management system to organize the company's corporate data, and ask this person to describe what "additional information" should be collected during requirements analysis that is needed for file and database design but that is not very useful for earlier phases of systems development. Provide practical real-world examples.
During requirements analysis for file and database design, additional information that is crucial but not very useful for earlier phases of systems development includes data volume and growth projections, data retention policies, and data access patterns.
During the requirements analysis phase of systems development, it is important to gather specific information that is necessary for designing the file and database structures. This additional information may not be as relevant or useful in the earlier stages of development. Three key aspects that should be considered during requirements analysis are data volume and growth projections, data retention policies, and data access patterns.
1. Data volume and growth projections: Understanding the expected volume of data and its projected growth over time is vital for determining appropriate file and database design. By analyzing this information, the systems analyst or database administrator can anticipate the storage requirements and design a scalable database structure that can accommodate future growth. For example, if a company expects to double its customer base within the next two years, the database design needs to consider the increased data volume and plan for scalability accordingly.
2. Data retention policies: Different types of data may have varying retention periods based on legal, regulatory, or business requirements. During requirements analysis, it is important to identify the data retention policies that apply to the organization. This information helps in determining the appropriate storage and archiving strategies. For instance, financial institutions may have to retain customer transaction data for a specific number of years as mandated by financial regulations.
3. Data access patterns: Understanding how data is accessed and utilized within the organization is crucial for designing efficient file and database systems. By analyzing data access patterns, the systems analyst or database administrator can optimize the database design to enhance performance. For example, if a sales team frequently retrieves customer order history to generate reports, the database can be structured to optimize the retrieval and aggregation of this information.
Overall, during requirements analysis for file and database design, collecting additional information such as data volume and growth projections, data retention policies, and data access patterns is essential. This information helps in designing scalable, compliant, and efficient database systems that meet the specific needs of the organization.
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John has $10,000 in debt with discover, $4,000 in debt with chase, $9,000 in debt with citi bank, and $3,000 in debt with wells fargo, giving him a total debt of $26,000. what percentage of john's total debt is with discover
The percentage of John's debts with discover is \(38.46%\), by using percentage calculation.
Given,
John's total debt:
$10,000 with discover$4,000 with chase $9,000 with Citi bank$3,000 with wells FargoTotal debt of John is $26,000, to calculate his Percentage of debt with discover, we need to add all the debts and then calculate how much percentage is 10,000 of 26000.
Calculation is as follows:
\(10000/26000*100=38.46\)
Hence, The percentage of John's debts with discover is \(38.46%\)\(%\), by using percentage calculation.
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what is a customer retention?
Answer:
Customer retention refers to a company's ability to turn customers into repeat buyers and prevent them from switching to a competitor. As a performance metric, it indicates whether your product and the quality of your service please your existing customers.
Explanation:
can i have brainliest
List several measures that describe the size of the construction industry.
What construction-related measures can be used to describe the strength of the U.S. economy?
Under what conditions might the funding of public construction projects be particularly high?
Why is the construction industry referred to as an easy entry and easy exit industry?
Contrast the financing of public versus private construction projects.
Give examples of publicly financed building construction projects. Give examples of publicly financed non-building construction projects.
Contrast typical construction projects with the production of manufactured goods.
What would be some key indicators in the construction industry that conditions are improving during an economic slump?
Define: Loan, assist, stock and bond
Measures that describe the size of the construction industry:
Total construction spending
Number of construction firms
Employment levels in the construction industry
Value of construction contracts awarded
Gross output of the construction industry
Value of construction projects completed
Construction-related measures to describe the strength of the U.S. economy:
Housing starts and building permits
Infrastructure spending
Commercial construction activity
Construction employment levels
Construction spending as a percentage of GDP
Construction material prices and demand
Funding of public construction projects might be particularly high under the following conditions:
Economic stimulus programs or infrastructure initiatives
Natural disasters or post-disaster rebuilding efforts
Urbanization and population growth in need of public infrastructure
Transportation and transit system expansions or upgrades
Government initiatives to promote affordable housing or public facilities
The construction industry is referred to as an easy entry and easy exit industry because:
It doesn't require extensive barriers to entry such as high capital investments or specialized knowledge.
Construction businesses can be started relatively easily, and new firms can enter the market without significant obstacles.
Similarly, businesses can exit the industry if they face financial difficulties or changing market conditions without major barriers.
Contrast between financing of public and private construction projects:
Public construction projects are typically funded by government entities using taxpayer money or government-issued bonds. Private construction projects are financed by private entities, such as corporations or individuals, using their own funds or loans from banks and financial institutions.
Public projects often involve a bidding process and may require compliance with specific regulations and reporting requirements, while private projects are more flexible in terms of financing arrangements and contractual agreements.
Examples of publicly financed building construction projects:
Construction of schools and educational facilities
Government office buildings
Hospitals and healthcare facilities
Libraries and museums
Examples of publicly financed non-building construction projects:
Road and highway construction
Bridge and tunnel projects
Water and wastewater treatment facilities
Public parks and recreational facilities
Contrast between typical construction projects and the production of manufactured goods:
Construction projects involve the creation or improvement of physical structures or infrastructure, often performed on-site and customized to specific requirements. Manufactured goods are typically mass-produced in factories, involve standardization, and are often transported to various locations for distribution.
Construction projects have longer lead times, involve labor-intensive processes, and are subject to weather and site conditions. Manufacturing processes are typically more automated, with shorter production cycles and less dependency on external factors.
Key indicators in the construction industry that conditions are improving during an economic slump:
Increase in construction spending and project starts
Rise in building permits and housing starts
Growth in construction employment levels
Expansion of infrastructure and public works projects
Improved contractor and supplier confidence
Increased demand for construction materials and equipment
Definitions:
Loan: A sum of money borrowed from a lender that is typically repaid with interest over a specified period.
Assist: Providing help, support, or resources to someone or something.
Stock: Shares or ownership in a company that represents a proportional ownership interest in the company's assets and earnings.
Bond: A fixed-income investment where an investor loans money to an entity, such as a government or corporation, for a specified period at a fixed interest rate. The entity repays the loan (principal) at maturity and makes periodic interest payments to the investor.
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Why does this occur?
This has to be asked in context.
What are the merits of taking loan from commercial banks
What are the merits of taking loan from commercial banks?
Explanation:
With lower interest rates and flexible long-term payment plans, commercial business loans often provide the most cost-effective loan option for business owners.
( Hope this helps )
With lower interest rates and flexible long-term payment plans, commercial business loans often provide the most cost-effective loan option for business owners.
which of these transactions types increase how much you owe the credit card company
Answer:
hope it is helpful to you
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If you know the answer plz help me out
Answer:
o Location
Explanation:
o Location
Who is responsible for safe handling of the animal product once they get it home?
A. Transporter
B. Processor
C. Consumer
D. Producer
Answer:
I believe it's C. Consumer
Explanation:
The single most defining characteristic of the capitalist class is:
a. that they make up approximately 1% of all households.
b. that they work harder and delay gratification more than do members of any other class.
c. that, after 2007, the capitalist class has shouldered the majority of all private debt / liability.
d. that its members tend to generate income primarily through their wealth rather than through employment income
The single most defining characteristic of the capitalist class, among the given s, is d.that its members tend to generate income primarily through their wealth rather than through employment income.
The capitalist class refers to individuals who possess significant wealth, such as business owners, investors, and those who derive income from their capital or assets. These individuals often earn income through investments, dividends, interest, rents, and other forms of passive income rather than relying heavily on employment income.
While the other s may contain elements that describe certain aspects of the capitalist class, such as their wealth concentration ( a) or their potential financial burdens ( c), the primary characteristic that distinguishes the capitalist class is their ability to generate income through wealth ownership and capital accumulation.
It's important to note that the defining characteristics of the capitalist class can vary across different contexts and societies, and there may be additional factors that contribute to their classification as part of this class.
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if a basket of goods in the united states costs $1,000 and the same basket of goods in japan costs ¥125,000, then for ppp to exist, $1 should trade for ____ japanese yen.
If a basket of goods in the United States costs $1,000, and the same basket of goods in Japan costs ¥125,000, then for the absolute PPP to hold, $1 should trade for $125 Japanese yens. The correct option is c) 125.
To determine the exchange rate at which the absolute Purchasing Power Parity (PPP) would hold between the United States and Japan, we can use the following formula:
Exchange rate = (Cost of basket of goods in foreign currency) / (Cost of basket of goods in domestic currency)
In this case, the cost of the basket of goods in the United States (domestic currency) is $1,000, and the cost of the same basket of goods in Japan (foreign currency) is ¥125,000. Plugging these values into the formula, we get:
Exchange rate = (¥125,000) / ($1,000) = ¥125/$1
Therefore, for the absolute PPP to hold, $1 should trade for ¥125 Japanese yen. The correct answer is option c, 125. This exchange rate reflects the purchasing power of the two currencies, allowing a consumer to buy the same basket of goods in both countries without any differences in the cost.
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Should public policy change in some way so that unions that win
representation rights have a guarantee that they will be able to
negotiate a first contract?
The question of whether public policy should change to guarantee unions the ability to negotiate a first contract is a matter of perspective and can vary based on different opinions and contexts.
Supporters of this idea argue that such a guarantee would help level the playing field between employers and newly formed unions. They contend that without a guarantee, employers may engage in delaying tactics or refuse to negotiate in good faith, which can hinder the establishment of a collective bargaining agreement. They believe that ensuring the ability to negotiate a first contract would provide unions with more bargaining power and enhance workers' rights to collective representation.
On the other hand, opponents may argue that guaranteeing the ability to negotiate a first contract infringes on employers' rights to freely negotiate terms and conditions of employment. They contend that it could lead to government interference in private negotiations and potentially disrupt the balance of power between employers and unions. They argue that the bargaining process should be voluntary and not mandated by public policy.
Ultimately, whether public policy should change to guarantee the ability to negotiate a first contract depends on societal values, labor relations objectives, and the specific dynamics of each jurisdiction. It is a complex issue that requires careful consideration of the potential impacts on workers, employers, and the overall labor market.
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the following behaviors are key to building and maintaining credibility among team members: (1) be clear and consistent, (2) manage agreement and disagreement, (3) encourage and coach, and (4) provide training. which statements are correct? question 5 options: a) only statements 2, 3, and 4 are correct. b) only statements 1, 2, and 4 are correct. c) all four statements are correct. d) only statements 1 and 3 are correct. e) only statements 1, 2, and 3 are correct.
The option is (b) only statements 1 "be clear and consistent,", 2 "manage agreement and disagreement,", and 4"provide training," are correct.
Statement 1, "be clear and consistent," is essential for building and maintaining credibility. Clear and consistent communication helps team members understand expectations, goals, and priorities, which in turn, helps build trust.
Statement 2, "manage agreement and disagreement," is also crucial for building credibility. A leader who can manage disagreement and encourage healthy debate shows that they value input from team members, and they are willing to consider different perspectives.
Statement 3, "encourage and coach," is important for building trust and credibility. When a leader takes the time to coach and mentor team members, it shows that they care about their development and success.
Statement 4, "provide training," is not necessarily a key behavior for building and maintaining credibility. While providing training can be important for developing skills and knowledge, it is not essential for building trust and credibility with team members.
Therefore, option (b) only statements 1, 2, and 4 are correct.
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10. What influences consumer purchasing behaviors? (5 points)
Answer:
trends, the buyers personality, and other peoples influence
Explanation:
Putting money into more than one kind of investment at a time is called liquidity. sunken cost. diversification. compound interest.
Answer:
diversification
Putting money into more than one kind of investment at a time is called diversification.
What is diversification?Diversification is the process of investing in diverse opportunities so as to reduce non-systemic risks. For example, if a person buys the stock of a health care company, in order to diversify, the person might invest in the stocks of an automobile company.
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for which of the following situations would there be personal liability coverage under the homeowner policy?i. the named insured accidentally injures her husband with a hammer.ii. the named insured breaks his wife's valuable vase while practicing his golf swing.
i. The named insured accidentally injures her husband with a hammer.
ii. The named insured breaks his wife's valuable vase while practicing his golf swing.
i)In this situation, there is a possibility of personal liability coverage under the homeowner policy. Homeowner policies typically include coverage for bodily injury to others, which would potentially apply if the named insured accidentally injures her husband with a hammer. However, it's important to review the specific terms and conditions of the homeowner policy to determine the extent of coverage and any applicable exclusions or limitations.
ii)This situation would not typically be covered under personal liability coverage in a homeowner policy. Homeowner policies usually exclude intentional acts or intentional damage caused by the insured. Breaking the wife's valuable vase while practicing a golf swing would likely be considered intentional damage and therefore may not be covered. It's always advisable to review the policy wording or consult with the insurance provider to understand the specific coverage and exclusions in a homeowner policy.
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You're been placed in charge of all promotion for a product that has common appeal in different cultures around the world. You'll most likely engage in a promotion.
Answer:
True
Explanation:
A product that has common appeal in different cultures around the world would indeed require engaging in promotion. Why? Because each culture may have unique consumer behaviors.
For example, a popular product like Coke that has common appeal in different cultures around the world often engages in promotion in order to still keep existing customers and to acquire new ones because of the presence of other competitors.
1. The Industrial Revolution began primarily because of.
A) Larger numbers of people unable to find work
B) The growth of corporations in the U.S.
C) The invitation of machines allowing the faster processing of raw materials.
D) Managers using practices to improve productivity of employees.
2. The first effort to apply scientific study to the management of businesses was?
A) Behavioral management
B) Classical management
C) Quality management
D) administrative management
The Industrial Revolution began primarily because of the invitation of machines allowing the faster processing of raw materials. The Option C is correct.
What led to Industrial Revolution in Europe?The Industrial Revolution transformed the economy from an agrarian to a manufacturing economy in which products were no longer made solely by hand but also by machines. This resulted in increased output and efficiency, lower prices, more goods, higher wages, and a shift from rural to urban areas.
The first Industrial Revolution began in Great Britain in the mid-to-late 1700s, when innovation led to large-scale production of goods through machine manufacturing. This spread around the world, and the Second Industrial Revolution began in the late 1800s in the United States, with further technological advancements leading to greater efficiency.
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Suppose there are only two periods, period 0 and period 1, and three possible states of the world in period 1: a good weather state, a fair weather state, and a bad weather state. Apples are the only product produced in this world, and they cannot be stored from one period to the next. The following abbreviations will be used: PA = apple in the present period (i.e., present apple), GA = good weather apple in the next period, FA = fair weather apple in the next period, BA = bad weather apple in the next period. Suppose that an apple tree firm offers for sale a bond and stock: • The apple tree produces 160 GA, 100 FA, and 50 BA. • The bond pays 40 GA, 40 FA and 40 BA. • The stock pays 120 GA, 60 FA and 10 BA. In addition, securities C, D, and E are available • Security C pays 140 GA, 80 FA, and 30 BA. • Security D pays 60 GA, 30 FA, and 5 BA. • Security E pays 80 GA, 20 FA, and 0 BA. The arbitrage-free price of the bond is 32 PA, and the arbitrage-free price of the stock is 44 PA. Securities C, D, and E are also priced fairly at 60 PA, 22 PA, and 20 PA, respectively. There are no arbitrage opportunities in this market. Note: if you compute the determinant using computer, you may have not an exact result due to numerical accuracy. For instance, if the true answer is 0, you may get a very small number instead but not exactly 0. Round your answers to 4 decimal digits. a) Are the stock, bond, and security C payoffs linearly independent? b) Find the price of the fair weather atomic security. c) Is the market complete? d) Calculate the arbitrage-free price of the apple tree?
a) The payoffs of the stock, bond, security C, security D, and security E are linearly independent. ; b) The price of the fair weather atomic security is 17.2727. ; c) There are only 5 assets, the market is incomplete. ; d) The arbitrage-free price of the apple tree is 7.2727.
a) Linear independence:
The payoffs of the stock, bond, and security C are not linearly independent because:
2 × 120 GA − 2 × 40 GA = 160 GA = 1 × 160 GA.
Also, the payoffs of the fair weather state and the bad weather state for security D and security E are linearly independent from the payoffs of the stock and bond.
Therefore, the payoffs of the stock, bond, security C, security D, and security E are linearly independent.
b) Price of fair weather atomic security
Let PFA be the price of the fair weather atomic security. Then, based on the information provided and using the formula for the arbitrage-free price, we have:
40 GA + 60 FA + 10 BA = 32 PA + PFA
120 GA + 60 FA + 10 BA = 44 PA
PFA = 17.2727 PA ≈ 17.2727 (4 d.p.)
Therefore, the price of the fair weather atomic security is approximately 17.2727.
c) Market completeness
The number of assets in the market is 5, and the number of states in each period is 3.
Therefore, the number of contingent claims is 3 × 3 = 9.
Since there are only 5 assets, the market is incomplete.
d) Arbitrage-free price of the apple treeLet P be the arbitrage-free price of the apple tree.
Then, based on the information provided and using the formula for the arbitrage-free price, we have:
160 GA + 100 FA + 50
BA = 40 P + 120
P60 GA + 30
FA + 5 BA = 40 P + 60
P80 GA + 20 FA + 0 BA = 40 P + 10 PP
= 7.2727 PA
≈ 7.2727 (4 d.p.)
Therefore, the arbitrage-free price of the apple tree is approximately 7.2727.
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Can someone please read this and tell me if it sounds good so far, thanks!
Answer:
I think It sounds great! just make sure to check for punctuation and any run-on sentences :)
Explanation:
Recall that HyTex Company is a direct marketer of technical products and that the file Catalog Marketing.xlsx contains recent data on 1000 HyTex customers.a. Identify all customers who are either (1) homeowners between the ages of 31 and 55 who live reasonably close to a shopping area that sells similar merchandise, and have a combined salary between $40,000 and $90,000 (inclusive) and a history of being a medium or high spender at HyTex; or (2) homeowners greater than the age of 55 who live reasonably close to a shopping area that sells similar merchandise and have a combined salary between $40,000 and $90,000 (inclusive) and a history of being a medium or high spender at HyTex.How many customers have you identified?b. Characterize the subset of customers who satisfy the conditions specified in part a. In particular, what proportion of these customers are women? If your answer is zero, enter "0". Round your answer to one decimal place, if necessary.What proportion of these customers are married? Round your answer to one decimal place, if necessary.On average, how many children do these customers have? Round your answer to one decimal place, if necessary.On average, how many catalogs did these customers receive?On average, how much did these customers spend at HyTex? Round your answer to the nearest whole dollar, if necessary.
To identify the customers who satisfy the conditions specified in part a, we can use the data from the Catalog Marketing.xlsx file.
This file contains data on 1000 HyTex customers, including their age, combined salary, location, spending history at HyTex, gender, marital status, number of children, and the number of catalogs they have received. We can use this data to identify customers who meet the criteria specified in part a.
With the intention of selling at least one item to the recipient, businesses use the catalogue marketing technique to group a variety of products together in a printed piece.
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__________ refers to such tactics as paying people to say good things about a product on the Internet or setting up multilevel selling schemes that reward people for directing their friends to a company's website.
viral marketing
product promotion Which of following describes the practice that paying for a product to be featured positively in a television program or motion picture? broadcast and cable television
What kinds of products are there?Goods, shopping products, specialty items, and unsought goods are the four categories of products, and each is categorized according to consumer preferences, pricing, and product features.
Describe a brand product.When marketers present a products to the customers with its own distinctive identity, this is known as product branding. This can be done via the product name, brand, design, or any other feature that sets it apart from competing products.
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What is the percentage of Internet searches conducted via mobile phones?
89%
77%
over 50%
under 40%
Answer:
Over 50%
Explanation:
Globally, 68.1% of all website visits in 2020 came from mobile devices—an increase from 63.3% in 2019
In a supply chain, most buyers are also O manufacturers O producers O marketers O suppliers
In a supply chain, most buyers are also suppliers.In a typical supply chain, the flow of goods and services involves multiple stages and entities. While there may be different roles and responsibilities within the supply chain, it is common for buyers to also act as suppliers.
Buyers are the entities that purchase goods or services from suppliers to fulfill their own business needs or meet customer demands. However, these buyers often become suppliers themselves when they provide their products or services to other entities downstream in the supply chain. For example, a manufacturer who purchases raw materials from suppliers to produce finished goods becomes a supplier when they supply those finished goods to retailers or distributors. Similarly, a retailer who purchases products from wholesalers can become a supplier when they sell those products to end consumers.This interconnectedness and role shifting among buyers and suppliers in a supply chain help facilitate the smooth flow of goods and services from the initial production stage to the final consumption stage.
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Imagine that your boss is delegating parts of a project to you and to another team member. Because the other team member has a longer work history with the boss and is highly trusted, you are assigned the unchallenging portions of the project. What do you say or do
Leslie, a marketing manager at a consumer packaging company called U-goods, is considering mobile app development proposals from several companies.
Company A proposes a mobile game that uses product placements within the game to increase brand awareness. The mobile game costs $150,000 to develop. Leslie estimates that 6% of players will make purchases, resulting in $100 in lifetime value.
Company B offers to create a brand community of users for U-goods. Leslie estimates that the brand community will engage current customers and increase each customer’s lifetime value (CLV) from $100 to $120. In addition, word of mouth about the community could increase the value of the online social community. The brand community development entails a one-time cost of $1.2 million to create and maintain (in perpetuity).
1. How many players must play the mobile game developed by Company A for the investment to break even?
2. Company A estimates that 200,000 players will use the game without any advertising. How much additional value can Leslie generate if she spends an additional $200,000 to advertise the game to increase the number of players by 20%? What is the ROI of advertising? Assume that the conversion rate and the customer’s lifetime value remain unchanged.
3. How many people must use the brand community for it to break even, if we ignore the word-of-mouth effect?
4. How will the answer to question 3 change if we now consider the word-of mouth effect? To include the word-of-mouth effect, assume that each original user of the brand community invites five friends on average, of whom 2% convert to become regular users (these later users do not invite any more friends). Assume those friends who convert were not previously customers of U-goods and have a lifetime value of $120.
To determine the number of players needed for the investment in the mobile game developed by Company A to break even, we need to calculate the total revenue generated from player purchases.
The cost to develop the game is $150,000, and Leslie estimates that 6% of players will make purchases, with a lifetime value of $100 per player.
Let's denote the number of players needed to break even as "x."
Total revenue from player purchases = Lifetime value per player * Number of players = $100 * x
Since the total revenue needs to cover the development cost, we have the equation:
$100 * x = $150,000
To solve for x, we divide both sides by $100:
x = $150,000 / $100 = 1500
Therefore, Leslie would need at least 1,500 players to break even on the investment in the mobile game.
Company A estimates that 200,000 players will use the game without any advertising. If Leslie spends an additional $200,000 on advertising to increase the number of players by 20%, we can calculate the additional value generated and the return on investment (ROI).
Current number of players: 200,000
Increase in players due to advertising: 20% of 200,000 = 0.2 * 200,000 = 40,000
Total number of players after advertising: 200,000 + 40,000 = 240,000
Additional value generated from the additional players = Lifetime value per player * Increase in players
= $100 * 40,000 = $4,000,000
The ROI of advertising is calculated as follows:
ROI = (Additional value generated - Advertising cost) / Advertising cost * 100%
= ($4,000,000 - $200,000) / $200,000 * 100%
= 1900%
Therefore, by spending an additional $200,000 on advertising, Leslie can generate an additional value of $4,000,000 and achieve an ROI of 1900%.
To determine the number of people required to break even on the brand community developed by Company B, we need to consider the change in each customer's lifetime value (CLV).
The brand community development has a one-time cost of $1.2 million.
To calculate the number of people needed to break even, we divide the one-time cost by the increase in CLV:
Number of people needed = One-time cost / Increase in CLV
Increase in CLV = $120 (new CLV) - $100 (current CLV) = $20
Number of people needed = $1,200,000 / $20 = 60,000
Therefore, Leslie would need at least 60,000 people using the brand community to break even, considering only the increase in CLV.
If we now consider the word-of-mouth effect, we need to calculate the additional users and their conversion to regular users, along with their impact on the overall revenue.
Assuming each original user invites five friends on average, and 2% of these friends convert to become regular users:
For each original user, five friends are invited, but only 2% of them convert to regular users. Therefore, the additional users per original user = 5 * 0.02 = 0.1.
This means that for each original user, there is an additional 0.1 user who converts to become a regular user.
Considering the original 60,000 users calculated in question 3, we can calculate the additional users and their impact:Additional users = 60,000 * 0.1 = 6,000Total users (including additional) = 60,000
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Question 14 (2 points)
Which career cluster involves hands-on occupations and possibly working outside?
Investigative
Realistic
Enterprising
Conventional
Answer: Enterprising
Explanation: Hands-on jobs are occupation that requires little education, it relate to the practice of learning from experience on the job rather than reading and learning from books. The career cluster of hands-on occupation includes; technicians, plumbers, woodwork, hygiene and catering workers etc.
Enterprising is characterized by great imagination and initiative with energetic to carry out work . Enterprising best fit hands-on career cluster.
an industry in which the firms' cost structures do not vary with changes in production
The industry in which the firms' cost structures do not vary with changes in production is called a natural monopoly.
A natural monopoly exists when a single firm can produce a product or service at a lower cost than any potential competitor. For example, public utilities, such as electricity and water supply, may be a natural monopoly.
A natural monopoly arises when the barriers to entry are so high that it is not profitable for competitors to enter the market. In a natural monopoly, the first company to enter the market enjoys lower costs because of economies of scale, network effects, and other factors, making it more difficult for other companies to compete.
This creates a market with a single supplier, where the cost structure of the firm remains constant regardless of the volume of production or the size of the market.
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The Brazilian government wants to build a global satellite transmission system. The manufacturer will receive $500,000 above actual development costs, whatever those costs may be. Payment to the manufacturer of the satellite transmission system has been determined using:
Answer: cost-plus-fixed-fee pricing
Explanation:
The cost-plus fixed fee pricing refers to the pricing whereby the contractor is paid for the normal expenses that's incurred plus an additional fixed fee.
In this case, the satellite manufacturer will get a mutually agreed upon profit which is above all the costs that was involved in the project. Therefore, this refers to the cost-plus-fixed-fee pricing.