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2 years ago

Why do marketers segment their markets and what are the basic criteria for doing so successfully?

Business

1 answer:

Firlakuza [10]2 years ago

8 0

Answer: enables marketers to tailor marketing mixes to meet the needs of particular population segments

Explanation:

Market segmentation enables marketers to tailor marketing mixes to meet the needs of particular population segments. Segmentation helps marketers identify consumer needs and preferences, areas of declining demand, and new marketing opportunities. the marketing strategy of almost all successful organizations.

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11.Jones and company had a balance in their retained earnings account at the end of 2020 in the amount of 990,000. They have for

Allisa [31]

Answer:

$210,000 and $1,200,000

Explanation:

The computation is shown below:

Given that

Ending Balance in retained earnings = $990,000

Net income = $350,000

Dividend paid in 2021 is

= 40% of net income

= 40% of $350,000

= $140,000

So, the Addition to retained earning is

= Net income - dividends

= $350,000 - $140,000

= $210,000

Now the ending balance in retained earnings is

= Beginning balance in retained earnings + addition to retained earnings

= $990,000 + $210,000

= $1,200,000

8 0

4 years ago

________ refers not only to the ability to track products as they move through the supply chain but also to foresee external eve

Zielflug [23.3K]

Answer: Supply chain visibility

Explanation:

Supply chain visibility is the method used by production companies to track the exact location of a product from when it has been produced up to when the product has been successfully delivered to the buyer. With the help of supply chain visibility, the buyer can be able to track the exact location of products they ordered for, at any point in time.

3 0

3 years ago

Flynn Industries has three activity cost pools and two products. It expects to produce 2,200 units of Product BC113 and 1,430 of

netineya [11]

Answer:

Results are below.

Explanation:

First, we need to calculate the allocation rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Machine setup= 19,608 / 38= $516 per set up

Machining= 123,650 / 4,945= $25 per machine hour

Packing= 33,530 / 479= $70 per order

Now, we can allocate to each product:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Product BC113:

Machine setup= 516*21= $10,836

Machining= 25*1,122= $28,050

Packing= 70*192= $13,440

Total= $52,326

Product AD908:

Machine setup= 516*17= $8,772

Machining= 25*3,824= $95,600

Packing= 70*287= $20,090

Total= $124,462

Finally, the unitary cost:

Product BC113= 52,326 / 2,200= $28,79

Product AD908= 124,462 / 1,430= $87.04

3 0

3 years ago

Belltower, Inc. has net income for 2016 of $370,000. At January 1, 2016, the company had outstanding 54,000 shares of $50 par va

horrorfan [7]

Answer:

A. $5.17

Explanation:

Use the following formula to calculate the Earnings per share

Earnings per share = ( Net Income - preferred Dividend ) / Weighted average numbers of outstanding shares

Where

Net Income = $370,000

Preferred Dividend = 10,000 x $100 x 6% = $60,000

Weighted average numbers of outstanding shares = 54,000 shares + ( 18,000 shares x 4/12 ) = 54,000 shares + 6,000 shares = 60,000 shares

Placing values in the formula

Earnings per share = ( $370,000 - $60,000 ) / 60,000 shares

Earnings per share = $5.17 per share

3 0

3 years ago

Time Remaining 36 minutes 46 seconds00:36:46 Item 6Item 6 Time Remaining 36 minutes 46 seconds00:36:46 A company's Cash account

Diano4ka-milaya [45]

Answer:

Cash account balance $5,680

- bank service fees ($47)

- NSF check ($190)

+ customer's note receivable $560

+ interest earned $66

adjusted cash account balance $6,069

Dr Bank fees expense 47

Cr Cash 47

Dr Accounts receivable 190

Cr Cash 190

Dr Cash 560

Cr Notes receivable 560

Dr Cash 66

Cr Interest revenue 66

7 0

3 years ago