True or False? Value pricing refers to the strategy of reducing prices on selected menu items for the purpose of increasing an operation's total sales revenue
Answers
True. Value pricing is a pricing strategy that involves reducing prices on certain menu items in order to boost an operation's overall sales revenue. This technique is frequently used in the restaurant industry, where businesses must entice customers to dine with them.
Value pricing can be extremely effective in increasing sales and repeat business, particularly when combined with other marketing efforts like loyalty programs and promotional deals. By lowering the price of particular menu items, restaurants may attract new customers who are searching for a good deal while still generating a profit.Value pricing has a number of advantages for both the business and the consumer. From the company's standpoint, it generates more sales revenue by selling more goods at lower prices. Customers are attracted to the offer, which is likely to raise the restaurant's profile and increase foot traffic. The consumer benefits by receiving lower prices on food and drinks, which is particularly appealing during tough financial times when many people are attempting to save money. In general, value pricing is an excellent technique for businesses that want to entice new customers and increase sales while still making a profit.
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Related Questions
What are three causes and effects of the haymarket square riot
Answers
increased anti-labour and anti-immigrant sentiment and suspicion of the international anarchist movement
Causes:
Haymarket Square turned into a riot after someone threw a bomb at police.
when ford had to pull their national campaign, this was particularly disheartening as their media planners and buyers had spent a great deal of time considering the myriad of advertising outlets available to them and determining which outlets would be best to place their buys in. this best describes which media challenge faced by media planners and buyers today?
Answers
The problem of efficiently allocating commercial across a fast evolving and diverse media environment best captures the media challenge encountered by media planners & buyers today.
What would be ideal to put their purchases in?It might be difficult to choose the channels that would provide the greatest return of investment and the widest reach for the target audience because there are so many different ones available.
In order to remain at the forefront of innovation, this calls for a thorough awareness of the media ecosystem and a commitment to continuously adapt and modify advertising techniques.
Finally, to be successful in this field, one must combine creativity with data analysis and in-depth knowledge of consumer behaviour and preferences.
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solve pls
e) Which one of the followings is for 'end-of-life' product choices? 1. Repair, refurbishment, reuse 2. Recycle and landfill 3. All of above
Answers
The end-of-life product choices that involve repair, refurbishment, and reuse are for the following term: 1. Repair, refurbishment, reuse.
What are the "end-of-life" product choices? In the context of product choices, "end-of-life" refers to the point at which a product is no longer useful or functional, and must either be disposed of or recycled. At this point, the product's life cycle is complete, and it is no longer of use to its owner. This could be due to damage, wear and tear, or obsolescence. As a result, end-of-life product choices have emerged to help manage waste and promote sustainability. There are a variety of end-of-life product choices available, depending on the product in question and its specific requirements. Some common choices include Repair: This involves fixing a damaged or broken product so that it can continue to be used. This is an especially useful option for products that are expensive to replace or that have sentimental value.
Refurbishment: This is a more extensive version of repair that involves replacing or updating some of the product's components to extend its lifespan. This can be especially useful for items like computers or smartphones that can benefit from upgraded software or hardware. Reuse: This involves finding new uses for a product that is no longer needed in its original capacity. This could include donating it to a charity, selling it secondhand, or using it for a new purpose.
Recycle and landfill: When a product is no longer repairable, reusable, or refurbish able, it may need to be recycled or disposed of in a landfill. Recycling involves breaking down the product into its component parts and using those parts to create new products. A landfill involves burying the product in a designated area. Both recycling and landfill have a significant impact on the environment. Landfills take up space and can contaminate the surrounding soil and water with toxic chemicals. Recycling, on the other hand, requires significant amounts of energy and resources to process and transport recycled materials.
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Raising taxes shifts the _____ curve to the _____. short-run aggregate supply; left aggregate demand; right long-run aggregate supply; left aggregate demand; left
Answers
Raising taxes shifts the aggregate demand curve to the left.
When overall consumer spending declines, the aggregate demand curve typically moves to the left. Because of growing living expenses or higher government taxes, consumers may spend less. If consumers anticipate price increases in the future, they may opt to spend less and save more.
Consumption is decreased as a result of a rise in income taxes, though less so than the reduction in disposable personal income. This causes a left shift in the aggregate demand curve equal to the initial change in consumption caused by the change in income taxes multiplied by the multiplier.
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"What a given group of people appreciates" are their ___________. A. Cultural contexts b. Culture shock c. Cultural education d. Cultural values Please select the best answer from the choices provided A B C D
Answers
Answer:
d. Cultural values
Explanation:
Cultural values are the values and norms that are followed by a distinct society or a group of people. In other terms, values and norms developed within the society to form its basis are said to be the cultural values. The people believe, follow, and appreciate the values. They help in defining the ways of living and leading the life. The behavior, nature, and thinking of the society is influenced or structured as per the cultural values.
Answer:
D
Explanation:
I just took the assignment
Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answers
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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all small indusrties are highly labor intensive true /false given reason
Answers
Answer:
FALSE.
Explanation:
Not ALL small industries are highly labor-intensive. If you start a small industry, it could become highly labor-intensive as a result of insufficient staffing, inventory, and other factors.
TIP: Never use "ALL", "ALWAYS", "NEVER", etc...words like this turn arguments false.
1. below is an example of a diwalidiyas. Extract the different parts of the diyas by making a sketch emphasizing the use of lines, shape forms and color. 2. you may put some accent to make your work more creative .
Answers
Answer:
need more info (incomplete)
Explanation:
pls be nice and answer this for me. in the middle of a test. 50 pts!
Nate received an unusually large requisition order from another department for a new type of material that they had not purchased before. He had a good relationship with the supplier so he sent the supplier an invoice for the order. What should Nate have done differently?
A. Solicited for a bid from the supplier
B. Solicited for a purchase order with the supplier
C. Ask the supplier for Verification for the requisition order
D. Used a new supplier since it was a new type of goods
Answers
Answer:
Solicited for a bid from the supplier.
Explanation:
Solicited for a bid from the supplier should Nate have done differently. Thus, option (a) is correct.
What is supplier?
The term supplier refers to supplies of the raw material and the goods. The supplier was the always part of the company to provide the customer the goods and the services. Suppliers provided the transportation of those materials. Suppliers are the mediator of the supply chain.
A bid is solicited, it signifies the target is actively looking for a buyer and wants to be bought as the supplier. These offers—also known as those that have the support of the management of both companies are frequently referred to as “friendly takeovers.” Solicitation bids, submission bids, and selection bids are the three different categories of bids.
As a result, the solicited for a bid from the supplier have the differently done. Therefore, option (a) is correct.
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A firm has issued cumulative preferred stock with a $100 par value and a 10 percent annual dividend. For the past three years, the board of directors has decided not to pay a dividend. At the end of the current year, the preferred stockholders must be paid ________ prior to paying the common stockholders.
Answers
Answer:
$30/share
Explanation:
Calculation to determine the amount the preferred stockholders must be paid
First step is to calculate per year dividend using this formula
Per year dividend = Stock value × Dividend payment rate
Let plug in the formula
Per year dividend = $100 × 10%
Per year dividend = $10
Second step is to calculate the Total unpaid dividend using this formula
Total unpaid dividend for 2 years = Per year dividend × 2 year
Let plug in the formula
Total unpaid dividend for 2 years = $10× 2years
Total unpaid dividend for 2 years = $20
Now let calculate the Cumulative Preferred Dividend
Using this formula
Cumulative Preferred Dividend = Current Year Dividend + Total unpaid dividend for 2 years
Let plug in the formula
Cumulative Preferred Dividend = $10 + $20
Cumulative Preferred Dividend = $30
Therefore At the end of the current year, the preferred stockholders must be paid $30/share prior to paying the common stockholders.
What does indigenous technology mean?
Answers
Answer: I hope this is helpful mark brainlist if right then no if wrong
Explanation:
Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.Technologies employed by the native inhabitants of a country and which constitute an important part of its cultural heritage and should therefore be protected against exploitation by industrialized countries; the problem of indigenous knowledge has been discussed during the Rio Conference but it does not receive much ...Types of indigenous technology in India are; (i) Generic Drugs. (ii) Thorium based Nuclear Reactors. (iii) Plastic RoadsIndigenous Technology is created within a sensory environment that builds on our sense of relationship, meaning, balance, feeling, memory and place as well as sight, sound, smell, taste and touchIndigenization is the process by which Indigenous ways of knowing, being, doing and relating are incorporated into educational, organizational, cultural and social structures of the institution.One example of Indigenous Technologies in action today can be witnessed in differential approaches to medicine. Medical technologies in the Western Scientific sense of the term might conjure images of biomedical research labs, electromagnetic monitors or imaging systems such as CT or MRI scans.Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.
Has Anna's fasfa been selected for verification? In your own words, describe what the process of verification is.
Answers
Answer: The process of verification is used by schools to confirm that data submitted on the FAFSA form is correct
Explanation:
The process of verification is used by schools to confirm that data submitted on the FAFSA form is correct. When you request the verification, the school would request additional documents to support the information you supplied, this is for clarification and ensuring you are the right person or you own the information.
Which of the following costs is NOT relevant to an equipment replacement decision? A) cost of new equipment B) operating cost of old equipment(several years left) C) cost of old equipment D) operating cost of new equipment
Answers
The cost that is NOT relevant to an equipment replacement decision is the operating cost of the old equipment (option B)
If it still has several years of usable life remaining. When considering equipment replacement, the focus is on comparing the costs associated with the old equipment and the new equipment. The operating cost of the old equipment, which is expected to continue for several more years, is not directly relevant because it would be incurred regardless of the replacement decision.
In contrast, the cost of new equipment (option A), cost of old equipment (option C), and operating cost of new equipment (option D) are all relevant factors to consider. The cost of new equipment is essential as it represents the upfront investment required for the replacement. The cost of old equipment is relevant as it may have a salvage value or trade-in value if it is sold or used elsewhere. The operating cost of new equipment is also crucial as it affects ongoing expenses and efficiency considerations. These factors need to be evaluated comprehensively to make an informed decision about equipment replacement.
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Diana's gross pay was $890 and her total deductions were $89. What is her net pay?
Answers
Explanation:
Greetings !
Diana's gross payment - Her deductions = Her net payment.
Thus, $890-$89=801$=Net payment of Diana.
Hope it heps!
Click this link to view O*NET’s Skills section for Postal Service Mail Carriers. Note that common skills are listed toward the top and less common skills are listed toward the bottom. According to O*NET, which common skills are needed by Postal Service Mail Carriers? Select two options.
active listening
critical thinking
repairing
instructing
equipment maintenance
Answers
Answer:
AB
Explanation:
got it right
In an oral agreement, Chris offers to sell Marcy his car for $13,000, but Marcy is confused and thinks Chris said $15,000.
As they continue their negotiations, Chris becomes aware that Marcy thinks he said $15,000 instead of $13,000, and
when Marcy agrees to pay the additional $2,000, Chris doesn't say anything. Is the contract going to be upheld? True false
Answers
Answer: The answer is no.
Which scenario is most likely to result when the Federal Reserve raises the reserve requirement?answer choicesMore money is required to be kept in banks to loan out to businesses, so they can invest in their companies.More money is required to be kept in the Federal Reserve banks, which increases the amount of money in circulation and stimulates the economyMore money is required to be kept in the Federal Reserve banks to make it available for loans to member banks in poor economic times.More money is required to be kept in bank reserves, and less is available to be loaned out to businesses to invest in the economy
Answers
When the Federal Reserve raises the reserve requirement, more money is required to be kept in bank reserves, and less is available to be loaned out to businesses to invest in the economy. (Option B)
What is the reserve requirement?The reserve requirement is the percentage of deposits that a bank must hold in reserve and not lend out. It is one of the tools that the Federal Reserve uses to manage the money supply and achieve its monetary policy objectives.
When the Federal Reserve raises the reserve requirement, it requires banks to hold a larger percentage of their deposits in reserve, which means that there is less money available for banks to lend out to businesses and individuals.
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Li would like to know what "managing up" means in the context of her being an HR professional.
How would
you briefly define "managing up" to Li?
Answers
In the context of being a HR professional, managing up would have to do with the management of the employees that are in an organization in terms of hiring and ensuring good conduct.
Who is a HR professional?The five key responsibilities of human resources include managing talent, pay and benefits for employees, training and development, compliance, and workplace safety. By efficiently managing the employee lifecycle, an HR department may assist in providing organizational structure and the capacity to satisfy business demands.
They act as a conduit between potential employees and the businesses hiring. While some businesses utilize outsourcing techniques, others establish a human resources department under the direction or control of an HR manager.
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Read this excerpt describing the mission of the World Bank.
The World Bank is a vital source of financial and technical assistance to developing countries around the world. It is not a bank in the common sense. Instead, it plays a different but supportive role in its mission of global poverty reduction and the improvement of living standards.
It provides low-interest loans, interest-free credit, and grants to developing countries for education, health, infrastructure, communications, and many other purposes.
According to this excerpt, what is one major way in which the World Bank differs from a regular bank?
The World Bank is a source of financial assistance.
The World Bank aims to improve living standards.
The World Bank provides low-interest loans and credit.
The World Bank serves people of different income levels.
Answers
Answer:
The World Bank is a source of financial assistance.
Explanation:
The World Bank serves people of different income levels but regular banks do that.
The World Bank aims to improve living standards, no because it is more for hep developing countries.
The World Bank provides low-interest loans and credit but there is a better answer.
The World Bank is a source of financial assistance because it help developing countries and has easier loans and credit
The World Bank aims to improve living standards.
What is the role of the World Bank in globalization?The WBG supports developing countries through the development of trade policy to deepen their integration into regional and global economies and increase trade performance while facilitating trade through streamlined border management and more efficient logistics
What are the important global roles that World Bank plays?The World Bank concentrates on long-term investment projects, institution-building, and on social, environmental, and poverty issues. The IMF focuses on the functioning of the international monetary system, and on promoting sound macroeconomic policies as a precondition for sustained economic growth.
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True or False: When writing a check, it is not necessary to write the amount of the check in numbers and words.
True
False
Answers
Answer:
false
Explanation:
Answer:
False
Explanation:
where does McKenna grace live? Brainliest for the correct answer
Answers
Answer:
McKenna grace lives in Texas of America.
You are given the following information concerning Around Town Tours:Debt: 7,500, 6.8 percent coupon bonds outstanding, with 11 years to maturity and a quoted price of 97.9. These bonds pay interest semiannually.Common stock: 284,000 shares of common stock selling for $68 per share. The stock has a beta of 1.04 and will pay a dividend of $2.62 next year. The dividend is expected to grow by 2.5 percent per year indefinitely.Preferred stock: 9,000 shares of $8 preferred stock selling at $88 per share.Market: 14.6 percent expected return, 4.1 percent risk-free rate Company: 34 percent tax rate.Calculate the WACC for this firm.
Answers
Answer:
9.0%
Explanation:
Calculation to determine the WACC for this firm
First step
Common stock=284,000 × $68
Common stock= $19,312,000
Second step is to calculate the Preferred stock
Preferred stock=9,000 × $88
Preferred stock= $792,000
Debt= 7,500 × .979 × $1,000
Debt = $7,342,500
Value = $19,312,000 + 792,000 + $7,342,500
Value= $27,446,500
Second step
RE = .041 + 1.04(.146-.041)
RE= .1502
RE = ($2.62 /$68) + .025
RE= .0635
Average RE = (.1502+ .0635)/2
Average RE = .1069
RP = $8/$88
RP = .0909
Fourth step
$979 = [(.068 × $1,000) / 2] × ({1- 1 / [1 + (r/ 2)]22} / (r / 2)) + $1,000 / [1 + (r / 2)]22
r = 7.08 %
Now let calculate the WACC
WACC = ($19,312,000/$27,446,500)(.1069) + ($792,000/$27,446,500)(.0909) + ($7,342,500/$27,446,500)(.0708)(1 -.34)
WACC= .090*100
WACC=9.0 %
Therefore the WACC for this firm is 9.0%
Which statement is true about ISO 9000?
A.
Only 10 products from an organization can be certified.
B.
Organizations can become certified.
C.
Employees can certify themselves.
D.
Marketing activities can be certified.
Answers
Answer: B- Organizations can become certified
Explanation: In the lesson it states:
"Here are certain facts about ISO 9000:
ISO 9000 is applicable to any business, regardless of its size or the industry in which it exists.
It includes definitions, requirements, and recommendations for continuous improvement.
ISO 9000 can also provide certifications to organizations.
Over 170 countries have used ISO 9000 certifications in their industries."
If bank with leverage of 8 to 1 increases its assets by adding $1 to capital for every $1 added to assets:
a. leverage increases.
b. leverage decreases.
c. leverage stays constant.
d. the answer cannot be determined from the information in the question.
Answers
If a bank with a leverage of 8 to 1 increases its assets by adding $1 to capital for every $1 added to assets: leverage decreases. Thus, option B is the correct option.
Leverage falls if an 8:1 bank raises assets by increasing capital by $1 for every $1 growth in assets. Deleveraging is the process through which a business or person tries to reduce their overall financial leverage. Deleveraging, then, is the elimination of debt and the polar opposite of leverage.
Paying up any outstanding debts and commitments on an entity's balance sheet right away is the quickest approach to deleveraging. If unable to do so, the business or person may be at an elevated risk of default. Deleveraging aims to lower the proportion of a company's balance sheet that is supported by liabilities.
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According to Armour (2007), a Gallup poll indicated that employees who had _____ at work reported 50% more job satisfaction than those who did not.
Answers
Answer:
close friends
Similarly, a Gallup poll revealed that employees who had close friends at work were almost 50% more satisfied with their jobs than those who did not (Armour, 2007).
Explanation:
How do worker organizations influence wages?
A. They fight for higher pay for workers.
B. They lower the market value of workers.
C. They enforce regulations raising the minimum wage.
D. They require workers to have more education.
SUBMIT
Answers
Answer:
A.
Explanation:
In many industries wages are linked to enterprise cost of living which ensures a fair wages to workers. The wage rates are directly influenced by cost of living of a place. The workers will accept a wage which may ensure them a minimum standard of living. Wages will also be adjusted according to price index number.
They fight for higher pay for workers is the way organizations influence workers for wages. In many businesses, wages are tied to the cost of living of the company, ensuring that workers are paid fairly.
What is wage employment?In both the official and informal economies, wage employment encompasses any salaried or compensated position under contract to another person, organization, or company. Finding decent-paying work for those with impairments is often difficult.
Thus, option A, They fight for higher pay for workers is correct.
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production possibilities curve. the curve of the graph
is called "The Frontier"
Answers
The PPC, sometimes referred to as the production possibilities frontier, depicts scarcity and tradeoffs.
What does the curve of the production possibility frontier represent?The production possibility frontier or PPF is a curve used in business analysis to show the different quantities of two items that can be produced when they both rely on the same limiting resources.
Thus, The PPC, sometimes referred to as the production possibilities frontier
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state accounts are audited under the direct supervision of the
Answers
State accounts are audited under the direct supervision of the state auditor. Examiner General is the sole power endorsed in the Constitution endowed with the obligation of review of records.
The State Auditor's Office (SAO) develops strategies for making government more effective and efficient and provides citizens with independent and open examinations of how state and local governments use public funds.
In 48 states, the auditor is a state-level position with administrative authority over the state's accounting and financial operations. In addition, auditors conduct internal government audits and investigate allegations of fraud as watchdogs for other state agencies.
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What is the difference between horizontal and vertical inequality? Which is more important to consider when implementing an anti-poverty policy?
Answers
Disparities between people or groups within a particular category, such gender, color, or ethnicity, are referred to as horizontal inequality. On the other hand, vertical inequality refers to the overall income differences in a society.
The unequal distribution of resources and opportunities within particular categories is the focus of horizontal inequality. It studies how particular groups may experience disadvantages or prejudice and takes into account criteria like gender, color, ethnicity, or handicap.
On the other hand, vertical inequality examines the overall income or wealth differences in a society. It looks at the disparities between the rich and the poor and takes into account things like socioeconomic position, education, and employment.
Implementing an anti-poverty policy requires taking into account both horizontal and vertical inequality. Horizontal inequality recognizes the distinct difficulties that various oppressed groups experience and ensures that policy solutions are targeted to meet their individual demands. Vertical inequality, on the other hand, focuses on the overall income and wealth disparities and seeks to promote a more equitable distribution of resources.
Depending on the unique context and goals, horizontal and vertical inequality may or may not be given equal weight in anti-poverty initiatives. Addressing horizontal inequality may be more important in some circumstances since some groups may experience long-standing prejudice and disadvantage that calls for specific action. In other cases, addressing vertical inequality might be more important because it deals specifically with the income and wealth gaps that fuel general poverty rates.
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Which of the following is not an assertion relating to classes of transactions ? A. Accuracy . B. Sufficiency . C. Cutoff . D. Classification
Answers
The following is not an assertion relating to classes of transactions is D. Classification.
Assertions are the underlying objective of financial statements, and relate to classes of transactions and account balances. It is done to assess whether or not the statements are accurate, complete, and in compliance with GAAP (Generally Accepted Accounting Principles). There are several assertions regarding classes of transactions, including accuracy, completeness, cutoff, classification, and existence. Accuracy assertion suggests that all transactions have been recorded and presented accurately.
Completeness assertion implies that all transactions, accounts, and disclosures that should have been recorded in the financial statements have been recorded. Cutoff assertion denotes that the transactions have been recorded in the correct accounting period. Classification assertion implies that transactions are presented in the appropriate account and that financial information is allocated accurately. Hence, Classification is not an assertion relating to classes of transactions, so the correct answer is D. Classification.
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