All categories

2 years ago

Describe the branding strategies used by Hormel and how Justin's products fit into the Hormel product line.

Business

1 answer:

Roman55 [17]2 years ago

5 0

The branding Strategy that was used by Hormel is known as the multi product branding.

<h3>What is branding?</h3>

It should be noted that branding simply means the process of creating a strong, positive perception of a company.

In this case, the branding srategy that was used by Hormel is known as the multi product branding.

Learn more about branding on:

brainly.com/question/1234049

You might be interested in

When the allowance method of accounting for uncollectible accounts is used, then

Brums [2.3K]

Answer:

Bad debt expense is recorded in the same year as the credit sale.

Explanation:

Allowance method is generally refer to one of the ways for reporting the uncollectible or bad debt expense which results from a company selling the goods on credit.

This method is used for the process or procedure of uncollectible accounts receivable that records the estimate of the bad debt expense in the same accounting year to which is belongs as the sale. This method is used for adjust the accounts receivable appears on the balance sheet of the company.

4 0

3 years ago

Greer Manufacturing purchases property that includes land, buildings and equipment for $4.7 million. The company pays $185,000 i

nekit [7.7K]

Answer:

Explanation:

The journal entry is shown below:

Land A/c Dr $1,459,920

Equipment A/c Dr $2,085,600

Building A/c Dr $1,668,480

To Cash A/c $2,607,000 ($5,214,000 × 50%)

To Notes payable A/c $2,607,000 ($5,214,000 × 50%)

(Being purchase of property is recorded)

The total property cost would be

= $4,700,000 + $185,000 + $218,000 + $111,000

= $5,214,000

Estimated value of land = $5,214,000 × 28% = $1,459,920

Estimated value of building = $5,214,000 × 40% = $2,085,600

Estimated value of equipment = $5,214,000 × 32% = $1,668,480

6 0

3 years ago

A human service worker has to get a plan of action for a juvenile offender she discovers you skipped a couple of counseling sess

Annette [7]

Yes I do have it on the

8 0

3 years ago

If 0.90 metric tons (mt) of crude oil cost $288, how much will 0.35 mt of crude oil cost?

Rashid [163]

0.35 metric tons (mt) of crude oil will cost $112 if 0.90 mt cost $288.

Crude oil and other hydrocarbons can be found in liquid or gaseous form in tar or oil sands, small cavities within sedimentary rocks, and underground pools or reservoirs.

<h3>What are crude oil and its uses?</h3>

Natural petroleum products like crude oil are made up of deposits of hydrocarbons and other organic elements. Crude oil, a sort of fossil fuel, is refined to create useful products like gasoline, diesel, and numerous other petrochemicals.

Given,

Crude oil = 0.9 (mt) cost is $288.

Required to Find Cost of Crude 0.35 (mt) =?

Find Cost of Crude (0.35 mt) = $288 multiply by 0.35 and divide by 0.9.

Find Cost of Crude (0.35 mt) = $288 x 0.35/0.9

Cost of Crude (0.35 mt) = $112

Thus, Crude oil will cost $112 for 0.35 metric tons (mt).

Learn more about Crude Oil here:

brainly.com/question/4433699

#SPJ4

6 0

2 years ago

The departmental patriarch spent his last years at the university developing and promoting a Student Portfolio Project that requ

valentinak56 [21]

Answer:

D, starvation

Explanation:

Starvation can be defined as the deprivation of a certain thing till it leads to death. More often than not, starvation has majorly been synonymous with suffering as a result of lack of food.

In the above question, as soon as the patriach died, the Student portfolio project started to starve. It lacked continuos push and effort like the patriach did.

Cheers.

3 0

3 years ago