Answer:
a. Taxpayers in the scenario:
There are three (3) taxpayers and these are:
- Mr. Josh Kenny
- JK Services
- JK Realty
b. Governments with jurisdiction:
- Mr. Josh Kenny falls under the State of Vermont where he is a resident.
- JK Services falls under the State of Vermont where it is incorporated and operates.
- JK Realty falls under the City of Boston where it is operates.
Answered from a general business perspective.
<u>Explanation:</u>
1. The Warby Parker company is a U.S based enterprise that provides prescription eyeglasses to customers, by so doing they satisfy the reading and seeing needs of society.
2. Yes. It is relatively faster to complete a sale via traditional retail stores since these are closer to customers. For example, a customer who needs to replace their broken reading glasses can simply visit a physical retail store; and the problem is solved rather than going online to place an order that may take days to arrive.
3. Going to a traditional retailer seems to be the best option especially when it's located a few blocks from your home.
Answer:
Which of the following statements about brand names is true?
- 1. Brand names give the seller an incentive to provide consistently high-quality products and services in order to protect the reputation of the brand.
Options 2 and 3 are wrong:
2. Brand names are always economically wasteful since they dupe consumers into buying more expensive goods and services that are no different from generic versions.
⇒ FALSE, just because a product has a certain brand it doesn't make it better and therefore more expensive. There are brands that consumers associate with luxury and expensive products, while there are other brands that consumers recognize while not necessarily being more expensive than others, e.g Coke.
3. It is always rational to prefer brand names over generic substitutes.
⇒ FALSE, it depends on the type of product. Generic medicines as just as effective as banded medicines.
Read the following example and determine whether it illustrates a common critique or defense of advertising.
- This illustrates a common <u>CRITIQUE</u> of advertising. This ad targets young people that are susceptible to believing exaggerated or materialistic aspects of a product that cannot be proven correct or wrong.
Answer:
Pr(N < 4.2) = 0.295
Explanation:
given data
flow rate q = 300 veh/h
reaction time = 2.5 s
oncoming vehicle to stop = 1.7 s
solution
we know here that ongoing vehicle head way between successive vehicles is here greater than (1.5 + 2.5) = 4.2 second
so that driver pulling out will not be in an accident
and if head way is less than 4.2 seconds then driver pulling out will be accident
here q is 300 vehicles/hour,
then λ= 0.0833 vehicles/second
than probability will be
Pr(N < 4.2) = 1 - 
................ 1
put here value
Pr(N < 4.2) = 1 - 
Pr(N < 4.2) = 0.295
Answer:
Let us pick the case of the organization known as Starbucks. Presently we will give 3 models according to which we feel that it doesn't comprehend the brain science of holding up in their procedure where they could deal with the client's view of standing by better utilizing the guideline from the Norman and Maister's articles. While holding up at a Starbucks behind a tremendous line, we can have numerous cases :
a) Uncertain Waits Are Longer than Explained Waits - There is no clarification or sureness with respect to how a lot of time it will take for the espresso or your refreshment to be conveyed while you are in that line. This is questionable as the client's before you would request mass requests which may take additional time than only one espresso. In this way, these holds up are questionable.
b) Occupied Time Feels Shorter than Unoccupied Time - While you are remaining in that line, you have an inclination that your 5-10 minutes have been squandered which you could have better used busy working or at home. In this manner, the time was abandoned and hence feels a waste. While on the off chance that the time was involved by some different methods in the line, at that point it would have been justified, despite all the trouble to remain in the line.
c) Individual Waits Feel Longer than Group - Now very likely in a line, we will have people who are standing by solo for their request in the line. In this manner, the performance hold up will feel longer than holding up in an organization of companions or additionally little converses with outsiders or conveying here and there. In this manner, the issue of solo holding up is a distress and it remains.
