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Lana71 [14]
2 years ago
13

Johnson Controls, Inc. produces the seats for the Dodge Neon. Although Johnson initially was able to meet Dodge's cost target, i

t was not able to meet its safety, weight, and comfort specifications. Engineers from Dodge visited the Johnson plant and worked with its design people to create a seat that met all of the technical requirements at a cost that both could agree on. Johnson Controls and Dodge engaged in ________.
Business
1 answer:
matrenka [14]2 years ago
7 0

Johnson Controls and Dodge engaged in<u> Reverse Marketing.</u>

<h3>What is Reverse Marketing</h3>

Reverse Marketing can be defined as a type of marketing in which the customer are the one that patronized your a company business instead of the company creating brand or product awareness to the consumer.

This type of marketing strategy enables customer to be attracted to your business just as in the case of Johnson controls and its consumer Dodge.

Therefore  Johnson Controls and Dodge engaged in<u> Reverse Marketing.</u>

<u></u>

Learn more about reverse marketing here:brainly.com/question/25754149

#SPJ1

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The concept of materiality:
ryzh [129]

Answer:

The correct answer is letter "C": Justifies ignoring the matching principle or the realization principle in certain circumstances.

Explanation:

The materiality accounting principle states that some of the Generally Accepted Accounting Principles can be omitted in the entry of an item while record-keeping a company's transactions only in the case the entry does not have any influence on the Financial Statements. Those principles could imply matching or realization principles.

6 0
3 years ago
Each of these items must be considered in preparing a statement of cash flows for Teal Mountain Company. for the year ended Dece
igomit [66]

Answer:

a. Cash flow from Finance Activities - Cash Inflow  $300,000.

b. Cash flow from Investment Activities - Cash Outflow $270,000.

c. Cash flow from Investment Activities - Cash Inflow  $30,000.

d. Cash flow from Finance Activities - Cash Outflow $75,000.

Explanation:

The Statement of Cash flows shows 3 types of Cash flow headings which are :

  1. Cash flow from Operating Activities
  2. Cash flow from Investment Activities
  3. Cash flow from Financing Activities

Operating Activities are Trading activities. Investing Activities involve buy and sell of assets or investment. Finance Activities involve sourcing of finance

5 0
3 years ago
A firm has a marginal cost of $20 and charges a price of $40. The Lerner index for this firm is:________.
zhuklara [117]

Answer:

The correct answer is:

0.50 (B)

Explanation:

The Lerner index is used by monopolists to measure market/monopolist power, and it is defined as the percent markup of price over marginal cost.

It is given by the formula:

L = \frac{P - MC}{P}\\where:\\L = Lerner\ index\\P = price = \$40\\MC = marginal\ cost = \$20\\\\L = \frac{40\ -\ 20}{40} \\L = \frac{20}{40}\\ L = 0.5

Note: in a perfectly competitive market, L = 0, which makes Price = Marginal cost in the equation above. But in a competitive market, it is always the case that L ≥ 0

7 0
3 years ago
An accreditation agency counterpart to the joint commission for managed care organizations is
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<span>An accreditation agency counterpart to the joint commission for managed care organizations is called: NCQA

NCQA is the acronym for </span><span>National Committee for Quality Assurance, an independent non-profit organization which was formed to improve the quality of health care in the country.</span>
8 0
3 years ago
Breezeless Company produces doors and window frames. It generates profit at $2.00 per door and $1.00 per window frame. Manufactu
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So all you do it go to the answer key a question like that
6 0
3 years ago
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