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2 years ago

Classify the following: "If you want to know what corruption is, just look at the Democratic senator from this state."

Business

1 answer:

Andrej [43]2 years ago

8 0

Answer: A. definition by example

Explanation:

A definition by example is when a characteristic or the variable being defined is defined by using another variable as an example.

For instance, To understand the feeling of drinking a cold Coca-Cola in the middle of Florida summer, just take a cold bath.

Here the refreshing qualities of coke are described as taking a cold bath.

In the question, the definition of corruption is the Democratic Senator which makes it a definition by example.

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As the price of gummy bears rises from $2.65 to $3.05, what is the price elasticity of demand of (i) sugar-free gummy bears and

spayn [35]

Answer:

Explanation:

Please have a look at the attached photo below

We know the formula of the price elasticity of demand:

<em>percentage change of quantity demanded/percentage change of price </em>

Given:

P1: $2.65 => D1 (quantity sugar-free gummy bears) = 181 and O1 (quantity ordinary gummy bears) =485

P2: $3.05=>D2 (quantity sugar-free gummy bears) = 157 and O2 (quantity ordinary gummy bears) =273

So:

$E_{1}$ = %ΔD / %ΔP

= (ΔD/ $\frac{1}{2}$ (D1+D2) ) / (ΔP/ $\frac{1}{2}$ (P1+P2))

= (181-175) / $\frac{1}{2}$ ( 157+181 ) : (3.05 -2.65)/ $\frac{1}{2}$ ( 3.05 +2.65 )

= $\frac{3}{89}$ : $\frac{8}{57}$ = 0.24

$E_{2}$ = %ΔO / %ΔP

= (ΔO/ $\frac{1}{2}$ (O1+O2) ) / (ΔP/ $\frac{1}{2}$ (P1+P2))

= (273-485) / $\frac{1}{2}$ ( 273+485) : (3.05 -2.65)/ $\frac{1}{2}$ ( 3.05 +2.65 )

= $\frac{-212}{739}$ : $\frac{8}{57}$ =- 3.9

6 0

2 years ago

Read 2 more answers

A narrow market focus is to a differentiation-based strategy as a __________________. technological innovation is to a cost-base

olganol [36]

Answer: possible options:

A.growth market is to a differentiation-based strategy

B. broadly-defined target market is to a cost leadership strategy

C. growth market is to a cost-based strategy

D. technological innovation is to cost-based strategy

Answer is B

Explanation:

Companies that use a cost leadership strategy and those that use a differentiation strategy share one important characteristic: both groups try to be attractive to customers in general. These efforts to appeal to a broad range of consumers can be contrasted with strategies that involve targeting a relatively narrow niche of potential customers. These latter strategies are known as focus strategies (Porter, 1980).

Focused cost leadership is the first of two focus strategies. A focused cost leadership strategy requires competing based on price to target a NARROW MARKET. A firm that follows this strategy does not necessarily charge the lowest prices in the industry. Instead, it charges low prices relative to other firms that compete within the target market. For example, you might be able to buy milk cheaper by driving to a big-box grocery store in your local community or town, but the local corner store is the cheapest within walking distance. Redbox, a major DVD rental company, uses vending machines placed outside grocery stores and other retail outlets to rent DVDs of movies for $1. There are ways to view movies even cheaper, such as through the flat-fee streaming video subscriptions offered by Netflix. But among firms that rent actual DVDs, Redbox offers unparalleled levels of low price and high convenience.

8 0

2 years ago

Firm X has declared a stock dividend that pays one share of stock for every five shares owned. After the stock dividend, earning

attashe74 [19]

Answer:

Option (b) Decline 20%

Explanation:

Data provided in the question:

Firm X has declared a stock dividend that pays one share of stock for every five shares owned

Therefore,

The increase in number of shares

= [ 1 ÷ 5 ] × 100%

= 20%

Thus,

The earnings per share will decrease by the amount of increase in number of shares i.e decrease by 20%

Hence,

Option (b) Decline 20%

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2 years ago

Gord Larose and his friend David Allan worked in Ottawa at Nortel Networks, a giant telecommunications-equipment maker. One Frid

butalik [34]

Answer:

intrapreneurs

Explanation:

An intrapreneur is an employee who is tasked with developing an innovative idea or project within a company.

An intrapreneur works inside a company to develop an innovative idea or project that will enhance the company's future.

The intrapreneur is generally given autonomy to work on a project that may have a considerable impact on the company. Over time, an intrapreneur may turn into an entrepreneur.

5 0

2 years ago

As the job fair neared to an end, the recent college graduate became ever more ______, desperately trying to be friend prospecti

Elodia [21]

Answer:

ingratiating

Explanation:

The word "ingratiating" is used to describe a situation where someone does something in order to gain a favour from another person.

It may also describe sucking up to someone in order to get something from them.

7 0

2 years ago