Question

In: Accounting

1. List 15 new uses for a popular product or service. Try paper clips, coffee mugs,...

1. List 15 new uses for a popular product or service. Try paper clips, coffee mugs, or home delivery.

Solutions

Expert Solution

coffee mug, as the name suggest used for drinking coffee, can be used in other various ways like

1. used as planters

coffee mugs being ceramic can be a good option for pllanters. it can be used as an indoor planter or a planter to gift someone a plant in it.

2. decorative candles

being again ceramic it can hold heat and can be used as wax or gel candle. just fill in some wax or gel and light it up.

3. mosaic

break the mug into pieces and use those pieces to create a beautiful mosic painting and other craft purposes

4. organizer

mugs can also be used as a container or organizer for various petty items like stationery or beauty products or holding small beads of craft items

5. baking utensil

being ceramic, plastic or glass, the coffee mugs are baking friendly. you can make a mug cake using a coffee mug

6. decorative item

coffee mugs being very beautiful and expensive can also be used as a decorative item to be kept on shelf and kitchen cabinet.

7. serving dinner side

various other items like baked beans and applesauce can allso be served in such coffee mugs

8. chandelier or lamp

light it up and it can be transformed into an inexpensive beautiful chandelier or table side lamp

9. template for art or craft

work it up with jute threads or fancy beads and it can be transformed into beautiful things having its versatile shape

10. gift box

fill it up with some chocolates and candies and it can be used a fancy yet useful gift box

11. pet bowls

low, wide cappuccino stle bowls can be used as pet bowls

12. used as a ladle

depending upon the shape, style and size, it cab be used as ladle in serving soups or any liquid consistency item

13. bird feeder

fill it up with seeds or water and it can be re used as bird feeder

14. kitchenware

coffee mug being solid can be used as a kitchenware to hold spoons, knife and forks

15. message or customized gift

nowdays coffee mugs have diversified itself in various uses and utilities. message printed on the mugs or photo printed mugs have taken a new shape to the ordinary coffee mug

if need more help, please comment

thanks

upvote if it helped you


Related Solutions

1. Laury’s Merchandising custom prints logos onto coffee mugs. The firm currently sells it most popular...
1. Laury’s Merchandising custom prints logos onto coffee mugs. The firm currently sells it most popular style for $10 and has a marginal cost (including a blank mug and the printing) of $6. Jess recently ran an experiment and determined her demand elasticity is -5. a. Should Laury raise or lower her price? Explain your answer. b. Are there any other elasticities she should consider as it she sets a new price?
Laury’s Merchandising custom prints logos onto coffee mugs. The firm currently sells it most popular style...
Laury’s Merchandising custom prints logos onto coffee mugs. The firm currently sells it most popular style for $10 and has a marginal cost (including a blank mug and the printing) of $6. Jess recently ran an experiment and determined her demand elasticity is -5. a. Should Laury raise or lower her price? Explain your answer. b. Are there any other elasticities she should consider as it she sets a new price?
1. Hot Coffee has been leasing a store to sell their custom coffee mugs. They purchased...
1. Hot Coffee has been leasing a store to sell their custom coffee mugs. They purchased and installed cabinets, shelves, and a counter to display and sell the mugs. What is the test used to determine if something is a fixture? Are these items considered personal property or fixtures? Will they belong to Hot Coffee or to the landlord when the lease expires? If Hot Coffee and the landlord decided to each contribute 50% to the purchase of a new...
Please list and describe a product or a service that is new and original--- not discussed...
Please list and describe a product or a service that is new and original--- not discussed in the Lectures or videos, and not eyeglasses. Is the demand for your product or service price elastic? Or price inelastic? Why? How do the six forces discussed in #1 apply to the product or service that you have chosen to discuss? In your example, what would happen if the seller or sellers raised the price of this product or service by 10%? Why?
1. Suppose the demand for coffee mugs is represented by the following demand curve: Qd =...
1. Suppose the demand for coffee mugs is represented by the following demand curve: Qd = 50 – 2P. Further, suppose that the current price is $5. a. (5 points) What is the current quantity demanded? Show your work. b. (15 points) Calculate the current price elasticity of demand and show all your work. Interpret the number you calculated (I’m looking for more than just “elastic” or “inelastic". c. Suppose when the price of ice cream is $2 there are...
4. You have just invented a new type of paper clips and you consider producing them...
4. You have just invented a new type of paper clips and you consider producing them on a large scale. This project requires an initial investment of $175,500 in year 0 and is expected to last for 5 years. You plan to spend $10,000 for advertising in year 0 and $2,000 in each of the following years. You also have other expenses of $10,000 per year (excluding year 0). The price per paper clips box is $2 in the first...
Watch the documentary Paper Clips (1 hour and 24 minutes). While you are watching the documentary,...
Watch the documentary Paper Clips (1 hour and 24 minutes). While you are watching the documentary, take notes on these questions. You will be answering the same questions when you are done watching. Copy and paste the questions and your answers into the text entry. Assignment Expectations: 1. Why did this school embark on this specific project? (2-3 sentences) 2. We have been talking about text sets throughout this course. What specific items did the teachers use to teach this...
On June 1, Haimes Company spent $200,000 to purchase 250,000 coffee mugs to sell at its...
On June 1, Haimes Company spent $200,000 to purchase 250,000 coffee mugs to sell at its retail store. During the year, Haimes Company recorded the following sales of coffee mugs: Month Mugs solds Selling price per mug June 16,000 $2.00 July 35,000 $2.50 August 2,000 $3.00 September 31,000 $2.00 October 46,000 $3.00 November 47,000 $4.00 December 40,000 $3.50 Calculate the gross profit earned by Haimes Company for the months August through November.
The service concept is denoted by a core product and its supplementary services. A popular notion...
The service concept is denoted by a core product and its supplementary services. A popular notion in describing supplementary service elements is by using the Flower of Service framework. Based on your understanding of the Flower of Service framework, explain the EIGHT (8) petals denoting the supplementary aspects of the service provided by Burger King restaurant. Use examples for each petal.
Discuss a popular national product or service that is using integrated marketing communications effectively. 
Discuss a popular national product or service that is using integrated marketing communications effectively. 
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT