Pure tangible good - Study guides, Class notes & Summaries

BIO 181- EXAM 1Define Biology - correct answer The scientific study of life and living things What is Science? - correct answer The systematic search for truth through experimentation and observation When does science work best? - correct answer In the tangible world Why should you make sure that your RESEARCH QUESTION is clear and precise? - correct answer 1. so you don't repeat something that has already been done 2. to receive help What exactly is a hypothesis? - correct answer o...

business - Answer-individuals or organizations who try to earn a profit by providing products that satisfy people's needs products - Answer-a good or service with tangible and intangible characteristics that provide satisfaction and benefits profit - Answer-the difference between what it costs to make and sell a product and what a customer pays for it nonprofit organizations - Answer-organizations that may provide goods or services but do not have the fundamental purpose of earning profi...

Product I Innovation and New Product Development Guaranteed Success What is a marketer's task when it comes to new product development? ️First to create a better value than what's out there already and second, to convince customers that this is true What is the continuum for products and services? ️On the far left, there is pure good; on the far right, there is pure service; most market offerings are somewhere in middle, with characteristics of both How do marketers view produc...

Macroeconomics CLEP prep (2022/2023) Rated A+ LRAS Long Run Aggregate Supply, The natural level of GDP, shown vertical on a graph. When LRAS shifts, SRAS (Short Run Aggregate Supply) will follow . Tangible Assets Real Estate, Equipment, and Cash (physical assets) Intangible Assets Patents, Goodwill, and Trademarks (lack physical substance) Substitution effect Economic rule stating that if two items satisfy the same need and the price of one rises, people will buy the other. Equilibrium price...

Marketing 3101 Final Exam Review Guaranteed A+ Product ️Anything that can be offered to a market for attention, acquisition, use, or consumption that might satisfy a want or need. Service ️An activity, benefit, or satisfaction offered for sale that is essentially intangible and does not result in the ownership of anything. Market Offering ️A mix of goods and services available to the target market to bring value to customers and build profitable relationships. Pure Tangible G...

CISR - Elements of Risk Management Exam 132 Questions with Answers A ____ is a cause of loss - CORRECT ANSWER peril A situation, behavior, or condition that may lead to adverse financial consequences - CORRECT ANSWER exposure A cyberattack is an example of a ____ - CORRECT ANSWER peril An Insured who shows no regard for his insured property demonstrates a - CORRECT ANSWER morale hazard A spill on a supermarket aisle is an example of a ____ because it increases the likelihood...

MIE 201 Test 1 Makanui 100% Correct Solved business - Correct Answer ️️ -individuals or organizations who try to earn a profit by providing products that satisfy people's needs products - Correct Answer ️️ -a good or service with tangible and intangible characteristics that provide satisfaction and benefits profit - Correct Answer ️️ -the difference between what it costs to make and sell a product and what a customer pays for it nonprofit organizations - Correct Answer ️️...

LLC (Limited Liability Company) correct answers limited liability and taxation like a partnership S-corp correct answers eliminates double taxation and retains limited liability benefit, popular with entrepreneurs C-corp correct answers binded together to recap benefits of belonging to larger org Joint-venture correct answers used for ventures that call for large investments Sole Proprietorship correct answers owned and operated by one individual. Owner keeps all profits, taxed at in...

MIE 201 Test 1 business - correct answer individuals or organizations who try to earn a profit by providing products that satisfy people's needs products - correct answer a good or service with tangible and intangible characteristics that provide satisfaction and benefits profit - correct answer the difference between what it costs to make and sell a product and what a customer pays for it nonprofit organizations - correct answer organizations that may provide goods or services but do ...

Risk - ANSWER-the chance or uncertainty of loss Risk - ANSWER-used within the insurance industry to refer to the subject of the insurance policy Possibility of loss - ANSWER-the concept of risk involves ___________________ Insurance - ANSWER-a formal social device used to accomplish the transfer of risk from an insured to the insurer Insurance policy - ANSWER-a legal contract in which the premium paid represents a small certain cost exchanged so that the insurer will cover the possib...