A) focusing on the nations where you can assault the market
B) Canada, Cuba, Puerto Rico, and other nearby nations
People's palates, the food of other cultures, and the existence of a market in the area are all taken into consideration. Sometimes a market is simply too big. Europeans, who consume about five or six times as much yogurt as Americans, provide as an illustration of this. Since there haven't been any manufacturers or goods that have dominated that region, I would advise focusing on the nations where you can assault the market.
They might consider looking at Canada, Cuba, Puerto Rico, and other nearby nations as they might gradually extend out, making it a little less dangerous.
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Answer:
$1,500
Explanation:
Given that,
A man wishes to purchase a life insurance policy that will pay the beneficiary $25,000 if the man's death occurs in the next year.
The probability that the company pays nothing is 0.94 and there is 0.06 probability that the company pays $25,000.
So, on an average expected loss is as follows:
= 0.94 × $0 + 0.06 × $25,000
= $1,500
Hence, the minimum amount that he can expect to pay for his premium is $1,500.
Answer:
$12,480
Explanation:
Given:
Amount paid for direct material = $12,240
production workers' wages = $10,700
Lease payments and utilities on the production facilities amounted = $9,700
general, selling, and administrative expenses = $3,800
Units produced = 6,800 units
Units sold = 4,200
Unit price of a unit = $7.30
Now,
Per unit Cost of production =
or
Per unit Cost of production =
or
Per unit cost of production = $4.80
Also,
Units left in the inventory = Total units produced - Units sold
= 6,800 - 4,200
= 2,600
Thus,
Amount of finished goods inventory on the balance sheet at year-end
= units left in the inventory × Per unit cost of production
= 2,600 × $4.80
= $12,480
Answer:
$18,000
Explanation:
The computation of the amount of manufacturing overhead is shown below:
But before that first determine the overhead rate which is
= $30,000 ÷ 2,000
= $15
Now the amount of manufacturing overhead applied for Job A-101 is
= $1,200 × $15
= $18,000
Hence, the amount of applied manufacturing overhead is $18,000
Answer:
D) It considers market growth rate to be a measure of market attractiveness
Explanation:
In 1970, Bruce D. Henderson developed and created a growth-share matrix for the Boston Consulting Group (BCG). The Boston Consulting Group (BCG) growth-share matrix is a tool used for analyzing and planning product lines in a business unit. It makes use of a graphical representation of a company's product line and services to analyze and make long-term strategic plans on which to invest more on or sell off.
Generally, products are divided into four (4) main categories in the BCG growth-share matrix;
1. Dogs.
2. Stars.
3. Question marks.
4. Cash cows.
The statement which is true of the Boston Consulting Group (BCG) matrix approach is that, it considers market growth rate to be a measure of market attractiveness.
Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research.
Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.