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Elden [556K]
1 year ago
13

Global market has decided to increase its market share by hiring a marketing rep to visit businesses in the area and invite thei

r employees to shop at global market and attend monthly health events that take place at global market stores. each of the individual stores has hired two new employees to handle the anticipated increase in customer traffic. global market is using a _____ strategy. mgt 305
Business
1 answer:
Doss [256]1 year ago
3 0

In the condition given above where the global market intends to increase its market share by hiring representative for such purpose, the global market is said to be using communication strategy.

<h3>What is communication strategy?</h3>

A strategy, which is used by an organization for the purpose of interaction with the target audience of such organization, it is known as a communication strategy.

Hence, the significance of communication strategy is aforementioned.

Learn more about communication strategy here:

brainly.com/question/13363001

#SPJ1

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A company's Inventory balance at 12/31/16 was $188,000 and $200,000 at 12/31/15. Its Accounts Payable balance at 12/31/16 was $8
slava [35]

Answer:

3) $704,000

Explanation:

The procedure will be as follow:

Based on the company's inventory we will determinate the purchases.

And then, with the account payable balance, the cash payment

<u>First, purchases amount:</u>

beginning inventory + purchase = ending inventory + COGS

200,000 + purchase = 188,000 + 720,000

<em>purchases</em> = 720,000 + 188,000 - 200,000 = 708,000

<u>Now, we solve for payment to suppliers</u>

begging AP + purchase - payment = ending

80,000 + 708,000 - payment = 84,000

payment = 80,000 + 708,000 - 84,000

payment= 704,000

8 0
2 years ago
Swifty Corporation incurs the following costs to produce 9900 units of a subcomponent:
MrMuchimi

Answer:

The net income will increase by $6,712 if the subcomponent is purchased.

Explanation:

Giving the following information:

Swifty Corporation incurs the following costs to produce 9900 units of a subcomponent:

Direct materials $8316

Direct labor 11187

Variable overhead 12474

Fixed overhead 16200

Total cost= $48,177

An outside supplier has offered to sell Swifty the subcomponent for $2.85 a unit.

Swifty could avoid $3000 of fixed overhead by accepting the offer.

We need to calculate the total cost of buying the subcomponent:

Buy:

Total cost= 9,900*2.85 + (16,200 - 3,000)= $41,415

The net income will increase by $6,712 if the subcomponent is purchased.

8 0
3 years ago
A report that shows the financial picture of a company at a given time and itemizes assets, liabilities, and stockholders' equit
Allisa [31]

Answer:

Balance sheet is the correct answer because it tells about the worth of company, its assets, shareholders funds (Equity) and amount borrowed by the company (Liability). Balance sheet is also known as Statement of Financial Position (SOFP)

All the other options tells about the earnings and costs of the company not about the assets and liabilities of the company.

6 0
2 years ago
A manager who focuses on one part of the organization, such as production, without considering the impact on marketing or sales
oee [108]

Answer:

The manager does not understand the contingency view.

Explanation:

The manager who focuses only on one part of the business then will not understand the contingency view. Here, the contingency view refers to the behavior of the manager to lead every situation or problem in the company. Therefore, to make a decision it is required to focus on all parts of the organization. Since in the question it is given that the manager focus only on one part of the company that means he will be unable to understand every situation of the company.

3 0
3 years ago
At December 31, Hawke Company reports the following results for its calendar year. Cash sales $ 1,285,070 Credit sales $ 3,610,0
Lady_Fox [76]

Answer:

Explanation:                                              Dr                      Cr

1)

Allowance for doubtful account

3%*3610000                                                                    108300

Bad debt expense                                  108300

2)Allowance for doubtful account

2%*(1285070+3610000)                                                 146,852.10

Bad debt expense                                 146,852.10

3)Allowance for doubtful account

1093830*6%                                                                       65,629.80

Bad debt expense                                    65,629.80                

7 0
3 years ago
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