Benchmarking is a valuable tool used by companies to compare their processes, performance, and strategies against industry best practices or other organizations.
In my current or previous company, benchmarking could be used to assess and improve various processes critical to our operations. These could include supply chain management, customer service, product development, marketing strategies, and financial performance, among others. By benchmarking these processes, we can identify industry leaders or top-performing companies that excel in these areas and learn from their best practices.
For example, if our company wants to enhance its supply chain efficiency, we could benchmark against companies known for their exceptional supply chain management, liabilities even if they are in unrelated industries. We could analyze their strategies, technology adoption, inventory management, and distribution methods to identify areas where we can make improvements and achieve better outcomes.
Organizations that can be considered for benchmarking can vary depending on the specific process being assessed. They may include companies within the same industry that are recognized for their excellence, as well as companies from other industries that have implemented innovative approaches applicable to the target process. The goal is to learn from successful organizations and adapt their strategies or techniques to enhance our own performance and competitiveness.
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Which of the following best describes a central bank's ability to control money in circulation?
a. temporary control
b. limited to no control
c. control is shared between the central bank and the federal government
d. significant control
e. complete control
Control is limited to none best describes a central bank's ability to keep money in circulation under control.
The central bank can influence the level of money supply in the economy, but it has little or no control over market participants such as households because some people prefer to keep their money in their homes. Hence, option b) is correct.
Central banks implement monetary policy by adjusting the supply of money, typically through open market operations.
For example, a central bank may reduce the amount of money by selling government bonds under a "sale and repurchase" agreement and receiving funds from commercial banks.
Another factor is that the central bank has no control over how much money creditors lend.
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Julia received her credit report and sees that her FICO score is 475. What might that mean? (5 points)
a.Multiple Choices
b.She has a high available credit.
c.She makes most payments on time.
d.She applied for a second small loan in the last five years.
e.She had a garnishment of wages last year.
A 475 FICO Score is much lower than the national average credit score. Many lenders refuse to work with consumers whose credit ratings are in the Very Poor area because they have negative credit. Thus, the correct option is (e) She had a garnishment of wages last year.
What is a good FICO credit score?A FICO score, often known as a credit score, is a number used to assess someone's creditworthiness. This is used by financial institutions and lenders to determine how much credit to extend to a borrower and at what interest rate. FICO scores range between 300 and 850, with higher values indicating better credit. Depending on the credit scoring system, credit scores ranging from 580 to 669 are deemed fair; 670 to 739 are considered good; 740 to 799 are considered very good, and 800 and beyond are considered extraordinary.
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Explain the conceptual connections between goodwill, duty, and the categorical imperative.
The conceptual connections between goodwill, duty and categorical imperative refer to the theory of Transcendental Idealism developed by Imannuel Kant. According to him, the Categorical Imperative corresponds to the way individuals evaluate moral actions and make moral judgments.
Categorical imperative and dutyThe relationship between them occurs according to the theory of goodwill, which relates to human intention and will, which must be to act in accordance with reason to determine the right, which is the duty of individuals.
Therefore, according to Kant, moral law must satisfy the precepts of being universal, impartial and rational, which can be learned by the cognitive processes of human beings.
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3. ______ are defined as goods or services that are required for health and safety.
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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HELPP use the budgets provided for the last three summers for the Countywide IT Professional Society (CIPS) to
e perform the calculations described in this spreadsheet.
2014 Countywide IT Professional Society (CIPS) Summer Budget
1. Use a formula to calculate the percentage of expenses for the 2013 summer budget that was spent on
rent for the event. Write the formula you used and the percentage you calculated, to two decimal places, in
the cell below. Hint: Use order of operations principles for the formula. (5 points)
June July August
###### ###### $150.00 ######
Eten en
2. A closer estimate of the total cost can be made by including the estimated sales tax. Use a formula to
calculate the estimated cost for July 2014 using 7% sales tax. Then, write the formula you used and the
estimated cost in the cell below. Hint: Convert 7% into a decimal for the formula. (5 points)
Askesmans
Website/single
Actividade cos's
$50.00 $60.00 $70.00 $180.00
$10.00
$10.00 $10.00 $30.00
$50.00 $40.00 $60.00 $150.00
3. Current data can be used to predict future costs. Based on the budget for the last three summers, predict
the amount of money that will be sponsored for each event in 2015. Write your prediction in the cell below,
and explain how you arrived at your conclusion. Be sure to use currency formatting for the monetary
amount. (5 points)
Expenses
Sponsored at $150/event
$310.00 ###### ######
- 150 - 150 -150
160 210 140
4. Based on the budget for the last three summers, predict the website hosting fee for August 2015. Write
your prediction in cell A21, and explain how you arrived at your conclusion in cell A22. Be sure to use
currency formatting for the monetary amount in cell A21. (5 points)
(ANSWER 2 OF THE QUESTIONS ILL MARK YOU)
Answer:
i dont know
what your talking
Explanation:
The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter
The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as
$4.3055
This is further explained below.
What is the APR interest rate?Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.
The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.
Interest rate APR = 12%
Average balance = ((200*5)+(350*15)+(150*10))/30
Average balance = $258.33
Average balance*APR/12
Finance charge =\(\frac{258.33*20 \%}{12 }\)
Finance charge = $4.3055
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What is the guideline amount for an emergency fund
Answer:
While the size of your emergency fund will vary depending on your lifestyle, monthly costs, income, and dependents, the rule of thumb is to put away at least three to six months' worth of expenses.
Explanation:
While the size of your emergency fund will vary depending on your lifestyle, monthly costs, income, and dependents, the rule of thumb is to put away at least three to six months' worth of expenses.
10 C What is the effect of education on employment?
The effect of education on Employment is that it increases the employment rate and reduces unemployment
Effect of Education on EmploymentWith proper education, individuals can get the skills needed to to employed as skilled labor and earn a decent amount of money as a salary.
Without education, most people become unemployed and at best even get a job that is not enough to take care of them.
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Kathryn wants to open a bank account that allows here to perform frequent transactions without being charged a penalty, and she does not want to maintain a minimum balance. What type of bank account should she open?
Answer:
checking account
Explanation:
A checking account is the bank account in which you can easily access your money. Here the purchase could be made via debit card, cheques, etc. It have no interest or low interest. It contains the service fees but it could be waived off by meeting out the balance or the requirement of the direct deposit
so as per the given situation, the person wants to perform frequent transactions without having any penalty and also she wants to maintain the minimum balance
So checking account should be opened
Question 2 of 5
The amount of money a person has to pay regularly to avoid late fees is the
A. minimum monthly payment
B. credit limit
C. interest rate
D. credit score
Answer:
A
Explanation:
to ensure that you pay at least the minimum amount by the due date.
Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called Group of answer choices auditing. economics. finance. accounting.
Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called accounting.
Accounting is a fundamental process in business and financial management. It involves systematically recording financial transactions, classifying them into appropriate categories, and summarizing the information to create financial statements such as the income statement, balance sheet, and cash flow statement. These financial statements provide a snapshot of a company's financial performance, position, and cash flows, enabling decision-makers to analyze and make informed decisions about the organization's operations, investments, and financial strategies.
While auditing, economics, and finance are related disciplines, each has its own distinct focus. Auditing involves examining and evaluating financial records and statements to ensure accuracy, compliance, and reliability. Economics studies the production, distribution, and consumption of goods and services within an economy. Finance, on the other hand, focuses on managing financial resources, investments, and the financial aspects of decision making. However, accounting serves as the foundation for providing the necessary financial information in these areas.
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Which of the following is a disadvantage of being a private limited company?
a. It has a separate legal Identity and therefore has continuity
b. Control is kept over who buys shares in the company
c. Shareholders' personal possessions cannot be taken to pay any debts
d. A summary of the business's accounts can be viewed by the public
Question 1
All of the below are examples of noteworthy news that could generate positive media mentions, EXCEPT
Hiring a new employee
A partnership with a local nonprofit that you donate to
Growth of your business into new markets or product lines
A new product or service rollout
Answer:
A new product or service rollout
Explanation:
While a new product or service rollout can be important for a business, it is not necessarily noteworthy news that would generate positive media mentions. Positive media mentions typically come from news that is unique, impactful, or of significant interest to the public, such as a partnership with a local nonprofit or growth of a business into new markets or product lines. Hiring a new employee is also noteworthy news, as it can demonstrate growth and success for a business.
The goods and materials available for sale at the beginning of a period are_____.
beginning inventory
raw materials
cost of goods sold
ending inventory
Answer:
The answer is beginning inventory
Develop an e-business plan (10 Pages maximum). Ensure the major
content of a business plan are attached.
the major content typically included in an e-business plan: Executive Summary: An overview of the business idea, its objectives, and key highlights.
Business Description: Detailed information about the nature of the e-business, its target market, and unique value proposition. Market Analysis: A comprehensive analysis of the industry, including market size, trends, competition, and customer demographics. Product or Service: Description of the e-business's offerings, their features, and how they meet customer needs. Marketing and Sales Strategy: Strategies for promoting and selling the products or services, including pricing, distribution channels, and marketing campaigns. Operational Plan: Details about the e-business's operations, such as the technology infrastructure, website design, and logistics. Organization and Management: Information about the organizational structure, key personnel, and their roles and responsibilities.
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A commercial building would be classified as a(n)
part.
piece of equipment.
installation.
supply.
Answer:
installation.
Explanation:
A commercial building would be classified as an installation.
Answer:
supply
Explanation:
because from there supply willl be done
A directive from upper management stating that all employees must wear an id badge at all times is an example of what?
A directive from upper management stating that all employees must wear an id badge at all times is an example of Security plan.
A formal document that summarizes the security demands placed on an information system and details the security measures already in place or being considered to meet those demands.
Daily procedures, precautions, and protocols for dealing with certain circumstances should all be included in a security strategy. Detention or disappearance related to security, security management, etc. The specific circumstance protocols will function more effectively the more frequently daily regulations and measures are put into place.
An organization can be positioned to minimize, transfer, accept, or avoid information risk connected to people, processes, and technologies with the use of an information security strategic plan. A well-established plan aids the business in protecting the privacy, accuracy, and accessibility of information.
Hence, this is an example of security plan.
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Part II: Elastic or Inelastic?
Instructions: Determine whether the demand for the following items is price clastic or inelastic,
Write your answer on the line after the item. Then write the reasons for your answer.
A. Salt
Why?
B. New cars
Why?
C. Pork chops
Why?
D. European vacation
Why?
E. Insulin
Why?
F. Insulin at one of four drug
stores in a shopping mall
Why?
G. Gasoline purchased one day
after a 20 percent price increase
Why?
I
HL Gasoline purchased one year
after a 20 percent price increase
Why?
a. The demand for salt is price inelastic. This is because salt is considered a necessity in making meals.
b. The demand for new cars is price elastic. This is because there are many substitutes for new cars. For example, the bus is a substitute for a new car.
c. The demand for pork chops is price elastic. This is because there are many other types of foods that can be consumed instead of pork chops.
d. The demand for European vacation is price elastic. This is because vacations are not a necessity; they are a luxury.
e. The demand for Insulin is price inelastic. This is because insulin is very important to a diabetic patient
f. The demand for Insulin at one of four drug stores in a shopping mall is price inelastic. This is because consumers have choices between the four drug stores in the mall
g. The demand for gasoline purchased one day after a 20 percent price increase is price inelastic. This is because in the short run, consumers do not have enough time to search for suitable substitutes, so demand would be inelastic
h. The demand for gasoline purchased one year after a 20 percent price increase is price elastic. This is because in the long run, consumers would have enough time to find suitable substitutes.
Demand is price elastic if the quantity demanded of a good is sensitive to small changes in the price of the good
Demand is considered inelastic if the quantity demanded of a good is less sensitive to changes in the price of a good.
Factors that affect the price elasticity of demand
Time frame: demand is inelastic in the short run because consumers would not have enough time to find cheaper substitutes. In the long run, demand is elastic because consumers would have enough time to search for substitutes. Number of close substitutes : If there are many substitutes for a good, the demand for the good would be elastic. If there are no close substitutes, the demand for the good would be inelastic Nature of the good: if the good is considered a necessity, the demand for the good would be inelastic and if the good is considered a luxury, the demand for the good would be inelastic.To learn more about elasticity of demand, please check: https://brainly.com/question/14897348?referrer=searchResults
digital marketing tools provide which type of support for a company or organization's marketing messages?
These tools offer various functionalities such as targeted advertising, social media engagement, data analytics, and customer relationship management (CRM).
Digital marketing tools encompass a wide range of technologies and platforms that assist companies in delivering their marketing messages to their intended audience. One key support provided by these tools is targeted advertising. Through techniques like search engine marketing, display advertising, and social media advertising, companies can reach specific demographics or individuals who are more likely to be interested in their products or services. This enables efficient allocation of marketing resources and improves the chances of converting leads into customers.
Moreover, digital marketing tools facilitate social media engagement, allowing companies to interact with their audience, build brand loyalty, and foster customer relationships. These tools enable businesses to create and share engaging content, respond to customer queries and feedback, and actively participate in conversations happening on various social media platforms.
Additionally, digital marketing tools provide data analytics capabilities, allowing companies to measure and analyze the performance of their marketing campaigns. By tracking metrics such as website traffic, conversion rates, and customer behavior, businesses can gain valuable insights into the effectiveness of their marketing strategies and make data-driven decisions to optimize their campaigns.
Furthermore, digital marketing tools often integrate with CRM systems, enabling companies to effectively manage and nurture customer relationships. These tools help in capturing customer data, tracking interactions, and personalizing marketing messages to deliver a more tailored and relevant experience to customers.
In summary, digital marketing tools offer comprehensive support for a company's marketing messages by enabling targeted advertising, facilitating social media engagement, providing data analytics insights, and supporting customer relationship management. These tools empower businesses to optimize their marketing efforts, enhance brand visibility, and engage with their audience in a more personalized and effective manner.
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9. What is the acronym for the saudi arabia-led group that controls much of the world’s oil exports?.
The Organization of the Petroleum Exporting Countries (OPEC) is the Saudi Arabia led group that controls much of the world’s oil exports.
OPEC is led by Saudi Arabia, which is in charge of nearly one-third of the group's total oil reserves. Iran, Iraq, Kuwait, and the United Arab Emirates are additional key members. Their total reserves far exceed Saudi Arabia's.
In Baghdad, Iraq, five nations—the Islamic Republic of Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela—signed a document in September 1960 that established the Organization of the Petroleum Exporting Countries (OPEC).
An organization of oil-rich nations known as OPEC (Organization of the Petroleum Exporting Countries) is in charge of approximately 40% of the world's oil supply.
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word-of-mouth communication seems to be most effective for a. new-to-market and more expensive products. b. new-to-market and less expensive products. c. declining and more expensive products. d. mature and more expensive products. e. mature and less expensive products. 10 points save answer
Word-of-mouth communication seems to be most effective for new-to-market products; expensive products
Hence, option b is correct.
Word of mouth, often known as viva voce, is the spoken transmission of information from one person to another. It can be as straightforward as informing someone the time of day. One person telling another a story about a true occurrence or a made-up one is a popular kind of word-of-mouth communication.Word-of-mouth marketing is a strategy used to encourage casual conversations and recommendations for a service or business. Essentially, the purpose of this kind of marketing is to encourage consumers to talk about your brand, item, or company.To know more about word of mouth here
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Entrepreneurial mind frame permits the entrepreneur to see things in a very positive and optimistic light.True or false?
When an entrepreneur has a very positive and optimistic vision, he adjusts to the entrepreneurial mental framework (True)
The entrepreneurial mind frame is a term that refers to the human way of thinking that takes any situation in a very positive and optimistic way.
This mentality is characterized by seeing the positive factors in difficult situations or crises. On the other hand, it is a mind frame that allows the individual to take advantage of negative situations to devise innovative solutions.
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identify the situations in which it is safe to use an aed.
-If the patient is lying on a metal surface, providing the AED pads do not touch the surface and no one is touching the patient.
-If the patient is experiencing cardiac arrest as a result of a traumatic injury.
-If the patient has a pacemaker or implantable cardioverter- defibrillators (ICDs), providing the AED pads are not placed directly over the device.
-If the patient is pregnant.
-If the patient is wearing jewelry or has body piercings, providing the AED pads are not placed directly over any metallic jewelry or piercings.
The identify the situations in which it is safe to use an AED are options:
If the patient is lying on a metal surface, providing the AED pads do not touch the surface and no one is touching the patient.If the patient is experiencing cardiac arrest as a result of a traumatic injury.If the patient has a pacemaker or implantable cardioverter- defibrillators (ICDs), providing the AED pads are not placed directly over the device.If the patient is pregnant.If the patient is wearing jewelry or has body piercings, providing the AED pads are not placed directly over any metallic jewelry or piercings.Is it safe to use an AED on a conductive surface?On a victim who is lying on a conductive surface, do not use an AED. Others may receive the shock if they are near conductive objects like metal bleachers or sheet metal.
An automated external defibrillator (AED) is a medical tool used to diagnose ventricular fibrillation in patients and shock them with electricity to get their heart rhythm back to normal. The irregular heart rhythm that causes sudden cardiac arrest most frequently is ventricular fibrillation.
Therefore, it is free to say that when a person is resting on a metal surface, it is safe to use an AED, but you shouldn't let the pads touch the metal. If the victim is in or close to water, do not use an AED. Avoid getting water on the AED.
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the duo growth company just paid a dividend of $1.00 per share. the dividend is expected to grow at a rate of 30% per year for the next three years and then to level off to 5% per year forever. you think the appropriate market capitalization rate is 25% per year. a. what is your estimate of the intrinsic value of a share of the stock?
Based on the assumptions and calculations given, the estimated intrinsic value of one share is $8.98.
To estimate the intrinsic value of a stock, you can use the Dividend Discount Model (DDM), assuming the stock is valued based on future dividend payments. Therefore, we can calculate the intrinsic value.
Calculate expected dividends for the next three years.
Dividend Year 1:
$1.00
Year 2 Dividend:
$1.00 ˣ (1 + 30%) = $1.30
3rd Year Dividend:
$1.30 ˣ (1 + 30%) = $1.69
Calculate the terminal value representing the value of a stock over a three-year period in which dividend growth plateaus.
Final Dividend:
$1.69 ˣ (1 + 5%) / (0.25 - 0.05) = $11.27
Note:
Divide the final dividend by the difference between the market capitalization rate (25%) and the terminal growth rate (5%).
Calculate the present value of each dividend.
Present value of year 1 dividend:
$1.00 / (1 + 0.25)¹ = $0.80
Present Value of Year 2 Dividends:
$1.30 / (1 + 0.25)² = $0.93
Present value of the third year dividend:
$1.69 / (1 + 0.25)³ = $1.08
Present value of final dividend:
$11.27 / (1 + 0.25)³ = $6.17
Calculate the intrinsic value by summing the cash values of the dividends.
Intrinsic Value = $0.80 + $0.93 + $1.08 + $6.17 = $8.98
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when prioritizing problems with clients in the 2nd step of the planning process, the first thing to do is:
when prioritizing problems with clients in the 2nd step of the planning process, the first thing to do is: understand the client's current financial situation and needs.
When prioritizing problems with clients in the second step of the planning process, the first thing to do is to understand the client's current financial situation and needs.
Before identifying and prioritizing specific problems, it is crucial to gather comprehensive information about the client's financial circumstances. This involves conducting a thorough analysis of their income, expenses, assets, liabilities, and any other relevant financial factors. Additionally, it is essential to understand their short-term and long-term financial goals, as well as their risk tolerance and time horizon.
By obtaining a holistic view of the client's financial situation and needs, you can effectively assess which problems are most pressing or have the greatest impact on their financial well-being. This understanding forms the foundation for identifying and prioritizing the specific challenges that need to be addressed in the financial planning process.
In the second step of the planning process, the first task is to gain a comprehensive understanding of the client's current financial situation and needs. This step enables you to identify and prioritize the specific problems that require attention and tailor the financial plan accordingly.
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1. Waves are created when a source of energy causes a _____.
Answer:
Waves are created when a source of energy causes a medium to vibrate. A vibration is a repeated back-and-forth or up-and-down motion. This motion is the source of the wave. Waves are classified according to how they move.
Explanation:
Please select the word from the list that best fits the definition
Expenses that can vary from month to month.
Answer:
Explanation:
so u want the definition of what?
Answer:
C. word choice
Explanation:
i got it right on edg 2021
this type of market structure is made up of one large firm that controls the prices.
A monopoly type of market structure is made up of one large firm that controls the prices.
Which market has the most price control over a firm?
A monopoly market is one in which there is only one seller of the good and no competitors. As a result, the monopolist has complete control over the product's price.
When there are no close substitutes for the product or service that one company produces, the market is said to be monopolized. In an oligopoly, the market is controlled by two or more firms, and none of them can prevent the others from exerting significant influence.
Therefore, A market situation where one business controls all of the market shares and the prices and output is referred to as a monopoly.
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Please answer the questions below. 1.Explain with your examples what perceptual vigilance and perceptual defense mean separa tely. 2.How have you seen brands use size, color, a nd novelty to encourage you to pay attention t o a message?
1. Perceptual vigilance refers to the tendency of individuals to selectively pay attention to stimuli that are personally relevant or meaningful to them. For example, someone who is passionate about cars may notice and pay more attention to car advertisements or car-related information in their environment, while ignoring or filtering out stimuli related to other topics.
Perceptual defense, on the other hand, refers to the unconscious tendency of individuals to protect themselves from stimuli that are threatening or conflicting with their beliefs or values. For instance, a person who strongly opposes a particular political ideology may be less likely to notice or engage with advertisements or information that promotes that ideology, as they may subconsciously avoid or reject such stimuli.
2. Brands often use size, color, and novelty to capture attention and convey their messages effectively. Size can be used to make elements stand out and grab attention. For example, a brand may use a large headline or an oversized product image to draw the viewer's eyes and create impact.
Color is another powerful tool used by brands to capture attention. Bright and contrasting colors can attract the viewer's gaze and evoke certain emotions or associations. For instance, a brand may use bold and vibrant colors in their advertisements to create a sense of excitement or to align with their brand identity.
Novelty is also employed by brands to pique interest and encourage attention. Unusual or unexpected elements in an advertisement or message can grab people's attention because they stand out from the familiar. This could involve unconventional imagery, creative storytelling, or unique presentation styles.
By strategically incorporating size, color, and novelty into their messaging, brands aim to break through the clutter, engage the audience, and increase the likelihood of their message being noticed and remembered.
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Select the scenario that best demonstrates the entrepreneurial mindset of taking initiative and
being self-reliant
A. Jon starts a café in his town. He observes that due to a drop in the economy, his café is not doing as well as expected. He hopes his business will pick up again once the economy is strong again.
B. Linda is developing a music app. However, she gets stuck many times while
writing the code. She considers giving up on her app and working under an
experienced person to develop apps.
C. Samantha works as a nail artist. To keep up with the competition and customer
demands, she expands her skill set with new techniques and designs in the market.
D. Steve works as a pizza delivery boy, but wants to start his own pizza parlor. It
will be difficult to make time to implement his business plan, so he is going to wait
for a better time to start his business.
Answer:
c.Samantha works as a nail artist. To keep up with the competition and customer
demands, she expands her skill set with new techniques and designs in the market.
Explanation:
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