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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

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The semiconductor business of the California Microtech Corporation qualifies as a component of the entity according to GAAP. The

Mazyrski [523]

Answer:

$1,650,000

Explanation:

Preparation of the lower portion of the 2021 income statement .

2021 Income from continuing operations before income taxes5,800,000

Income tax expense(1,450,000)

($5,800,000 × 25 %)

Income from continuing operations4,350,000

Discontinued operations:

Loss from operations of discontinued component(3,600,000)

Income tax benefit 900,000

(25*3,600,000)

Loss on discontinued operations(2,700,000)

Net income$1,650,000

(4,350,000-2,700,000)

Therefore the the lower portion of the 2021 income statement is $1,650,000

5 0

3 years ago

Donna, the office manager, spends a large part of her day working closely with those whom she supervises to successfully accompl

zubka84 [21]

It seems that you have missed the necessary options for us to answer this question, so I had to look for it. Anyway, here is the answer. Based on the given description above about Donna, the type of managerial skill she is exhibiting is HUMAN. Hope this answers your question. Have a great day!

3 0

3 years ago

An asset has an average return of 10.94 percent and a standard deviation of 20.98 percent. What range of returns should you expe

valkas [14]

If the standard deviation is 20.98%. The range you should expect to see with a 95 percent probability is: -31.02 percent to +52.9 percent.

<h3>Expected range of return </h3>

Expected range of return = 10.94 percent ± 2(20.98 percent)

Expected range of return =[10.94 percent- 2(20.98 percent)]; [10.94 percent + 2(20.98 percent)]

Expected range of return =(10.94 percent- 41.96 percent); (10.94 percent + 41.96 percent

Expected range of return = -31.02 percent to +52.9 percent

Inconclusion the range of returns is: -31.02 percent to +52.9 percent.

Learn more about expected range of return here:brainly.com/question/25821437

8 0

2 years ago

When the price of good A is $50, the quantity demanded of good A is 500 units. When the price of good A rises to $70, the quanti

katen-ka-za [31]

Answer:

total revenue for 500 is $2500

total revenue for 400 is $2800

Explanation:

given data

price of good A = $50

quantity demanded of good A = 500 units

price of good A rises = $70

quantity demanded of good A falls = 400 units

solution

we get here Elasticity of demand that is express as

Elasticity of demand = (change in quantity ÷ average quantity) ÷ (change in price ÷ average price) .......................1

here

Change in quantity is = 400 - 500 = -100

and average quantity is = $\frac{400+500}{2}$ = 450

and change in price is = 70 - 50 = 20

average price is = $\frac{70+50}{2}$ = 60

so now we put all value in equation 1

Elasticity of demand = $\frac{\frac{-100}{450} }{\frac{20}{60} }$

Elasticity of demand = -0.67

as here the elasticity of demand is inelastic because elasticity is above -1

so about total revenue when price will increases as elasticity is inelastic

so increase in price will cause increase in revenue because revenue is maximum when elasticity = -1

and increase in price will cause increases elasticity in the absolute term and revenue will increase

total revenue = price × quantity

total revenue for 500 = 500 × 5 = $2500

total revenue for 400 = 400 × 7 = $2800

5 0

3 years ago

Failure to pay a loan is referred to as:

LiRa [457]

That would be:

B.) Defualt

3 0

3 years ago

Read 2 more answers