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Step2247 [10]
2 years ago
12

How would define industry? What is the industry of a store that sells fishing poles

Business
1 answer:
swat322 years ago
6 0

Answer:

An industry is <u>a group of companies that are related based on their primary business activitie</u><u>s.</u><u> </u>In modern economies, there are dozens of industry classifications. Industry classifications are typically grouped into larger categories called sectors.

fishhook, spinner, cork, gig, fishing pole, bobber, fizgig, landing net, fishing rod, fishgig, bobfloat, harpoon, lance, fishing line, reel, bob, gaff, spear.

Explanation:

<u>Hope </u><u>it </u><u>helps </u><u>you.</u>

<u>Brainlist </u><u>me </u><u>if </u><u>you </u><u>like.</u>

<u>-</u><u> </u><u>GumbbleBe3</u>

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The Category Profile that involves evaluating the major forces and trends that are impacting an industry: including pricing, com
professor190 [17]

Answer: External Industry Analysis

Explanation:

External Industry Analysis simply refers to the examination of the industry environment of a particular company such as its dynamics, competitive position, history etc.

The external industry analysis on a macro scale has to do with examining the factors like technological, political, demographic, and social analysis. External industry analysis is vital as it shows the threats and the opportunities that exist in a particular industry and can also be used to determine growth of an organization.

6 0
3 years ago
An individual or company purchaser that sees the benefits-to-status-quo ratio of a new product or service better than the averag
slamgirl [31]

The answer is Early Adopter.

The term "early adopter" refers to an individual or business who uses a new product, innovation, or technology before others.

In other words, an early adopter is an individual who almost always buys new products in a given product category.

Early adopters, therefore, form a category of consumers particularly favorable to the adoption of new products or new technologies.

As part of targeted marketing actions, they can play a driving role in the launch and adoption of a new product, service, or online offer.

For instance, Early adopters are often the first market for a high-tech product in the launch phase.

Hence, An individual or company purchaser that sees the benefits-to-status-quo ratio of a new product or service better than the average customer is an Early adopter.

Learn more about Consumers:

brainly.com/question/380037

#SPJ4

8 0
1 year ago
Mallard Corporation uses the product cost concept of product pricing. Below is cost information for the production and sale of 4
KiRa [710]

Answer:

1. Cost per unit = 860,500/45000 units = $19.12

2. Mark up = 12% * 800,000 = $96,000/45000 units = $2.13

mark up = 2.13/19.12 = 11.14%

3. Therefore selling price per unit = $19.12+$2.13 = $21.25

Explanation:

Variable direct materials cost per unit............................ 5.50

Variable direct labor cost per unit.................................... 7.65

Variable factory overhead cost per unit .........................2.25

Variable selling and administrative cost per unit........... .90

TOTAL VARIABLE COST PER UNIT..................................16.3

TOTAL VARIABLE COST = $16.3*45000 units = $733,500

Fixed factory overhead cost $82,000

Fixed selling and administrative costs 45,000

TOTAL COST = $ 860,500

1. Cost per unit = 860,500/45000 units = $19.12

2. Mark up = 12% * 800,000 = $96,000/45000 units = $2.13

mark up = 2.13/19.12 = 11.14%

3. Therefore selling price per unit = $19.12+$2.13 = $21.25

5 0
3 years ago
Roger is engaging in HR planning. He is trying to predict what human resources will be needed in the coming year in his organiza
Marina86 [1]

The activity in which Roger is engaged in is called program evaluation.

<h3>What is Program Evaluation?</h3>

This refers to the ability to make predictions about the things which are needed for a program to run successfully.

Hence, because Roger is involved in Human Resources planning and he is trying to predict what human resources will be needed in the coming year in his organization, then he is engaged in program evaluation.

Read more about program evaluation here:
brainly.com/question/26523302

7 0
2 years ago
If someone introduces himself using a formal introduction, you should _____.
stich3 [128]

Answer:

Follow his lead and address him formally

Explanation:

If someone addresses you formally, that is because that person expects the conversation to be formal, or because you both are in a formal enviroment, for example, a work meeting. For this reason, the best to do in such situation is to address the other person formally as well.

6 0
2 years ago
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