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ArbitrLikvidat [17]
2 years ago
6

When a shoe manufacturer decides to focus his attention on the segment of the market that is interested in running. this selecti

on of a specific market segment is known as?
Business
1 answer:
LiRa [457]2 years ago
6 0

when a shoe maker chooses to concentrate his efforts on the consumer segment that is interested in running. this selection of a specific market segment is known as market targeting.

Market targeting:

  • The final customer that a corporation seeks to sell its finished goods to is known as the target market. To grow market share, target marketing includes segmenting the total market into different groups and developing marketing plans for each group.
  • A target consumer is someone who will most likely purchase your product. Additionally, it is a segment of the larger target market. For instance, if female athletes between the ages of 13 and 25 make up your target market, female athletes between the ages of 13 and 16 might be your ideal target consumer.
  • The importance of selecting a target market lies in its ability to help the business focus its resources on those customers who have a high potential for sales growth, interest in the product, and brand loyalty.

Learn more about market targeting here brainly.com/question/13363009

#SPJ4

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The minimum wage law ___________________ a) has a significant effect on the unemployment rate since a large part of the labor fo
Galina-37 [17]

Answer:

a) has a significant effect on the unemployment rate since a large part of the labor force earns the minimum wage.

Explanation:

The minimum wage law ensures that all employees have a minimum income to live with dignity. Although there is a big debate among economists, the liberal current suggests that the minimum wage law has a major impact on the unemployment rate, especially among the poorest. According to these economists, the minimum wage is instituted above the productivity level of most people, which causes companies to lose efficiency. If wages were fluctuating, according to market law, more workers would probably be hired for wages tied to their productivity. Therefore, among the options, the first seems to be the most correct.

3 0
3 years ago
Kurt's entertainment has a receivables turnover rate of 14.8, a payables turnover rate of 10.4 and an inventory turnover rate of
ruslelena [56]

The firm’s operating cycle is equivalent to the sum of the total number of days of a cycle of the receivables turnover and the inventory turnover.

Receivables turnover = 365 days / 14.8 = 24.66 days

Inventory turnover = 365 days / 22.6 = 16.15 days

Operating cycle = 24.66 days + 16.15 days = 40.81 days

<span>Answer: 40.81 days</span>

3 0
3 years ago
ERP success depends on several key factors being met. These factors include all of the following except _________. Select one: a
bonufazy [111]

Answer:

a. Minimize change for workers

Explanation:

Enterprise Resource Planning (ERP) is a method adopted by most companies to manage and integrate the various part of their business. This ERP is based on the usage of software for easier deployment of the integration and it depends on so many factors.

<em>An ERP software system can also integrate planning, purchasing inventory, sales, marketing, finance, human resources, and more of any given business enterprise.</em>

7 0
3 years ago
Schedule of Cash Collections of Accounts Receivable OfficeMart Inc. has "cash and carry" customers and credit customers. OfficeM
mihalych1998 [28]

Answer and Explanation:

The preparation of the schedule of cash collections from sales for October, November, and December is presented below:

Particulars    October      November           December  

Sales           $58,000      $65,000           $72,000  

Cash sales   $14,500             $16,250                  $18,000

                     ($58,000 × 0.25)   ($65000 × 0.25)         ($72,000 ×.25 )

Credit sale   $43,500              $48,750                    $54,000  

                     ($58,000 - $14,500)                  

September account receivable       $35,000      

current month payment      

October credit sale:       $13,050       $30,450  

                   ($43,500 × 30%)       (43500 ×70%)  

November credit sale                 $14,625                    $34,125

                                                           ($48,750 × 30%)            (48750 × 70% )

December credit sale:                                  $16,200  

                                                                                                 ($54,000 × 30% )

Total cash collected         $62,550  $61,325                    $68,325

($14,500 + $35,000 + $13,050)   ($16,250 + $30,450 + $14,625)        ($18,000 + $34,125 + $16,200)

5 0
3 years ago
International officials and business leaders have gathered to discuss free-trade policies. Outside their summit, protesters shou
Allisa [31]
<span>Answer: D. Karl Marx's collapse of capitalism.</span>
4 0
3 years ago
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