A rigorous framework for understanding the detailed operations of a business is known as:______

The ________ is used in part used to inform prospective buyers about the benefits of the product. a. promotional mix b. promotio

Papessa [141]

Answer:

The correct answer is D that is Marketing Mix

Explanation:

Marketing Mix is the term which is stated as the set of tools, actions or the tactics, which a business, firm or company uses in order to promote the product in the market.

It is used in order to inform or provide the knowledge to the buyers or the prospective clients regarding the product uses, features as well as benefits.

7 0

3 years ago

Barry's Hobbies produces and sells a luxury animal pillow for $80.00 per unit. In this month of operation, 3,000 units were prod

Vika [28.1K]

Answer:

Net operating income= 43,000

Explanation:

Giving the following information:

Selling price= $80

Production= 3,000 units

Sales= 2,750 units

Variable manufacturing costs $38 per unit

Variable marketing costs $ 2 per unit

Fixed manufacturing costs $60,000 per month

Administrative expenses, all fixed $12,000 per month

Ending inventories:

Finished goods 750 units

Under the absorption costing method, the cost of goods sold includes the fixed manufacturing overhead. We need to calculate the unitary fixed overhead:

Fixed unitary overhead= 60,000/3,000= $20 per unit

Income statement:

Sales= 2,750*80= 220,000

COGS= 2,750*(38 + 20)= (159,500)

Gross profit= 60,500

Variable marketing= 2,750*2= (5,500)

Administrative expenses= (12,000)

Net operating income= 43,000

4 0

3 years ago

Everett, Miguel, and Ramona are partners, sharing income 1:2:3. After selling all of the assets for cash, dividing losses on rea

katovenus [111]

Answer:

$42,700 cash is available for distribution

Explanation:

In order to calculate the cash available for sharing, we will first identify the debit and credit transactions. Debit transactions are expenditures, while credit transactions are incomes, hence we need to calculate the difference between the income and the expenditure.

Available cash = Everett (credit) - Miguel (debit) + Ramona (credit)

Available cash = 52,800 - 47,500 + 37,400 = $42,700

Therefore $42,700 is available in cash for distribution to the partners

7 0

3 years ago

1) Define JTA please help

otez555 [7]

Answer:

The Full form of JTA is Job Task Analysis.

Explanation:

JTA) allows applications to perform distributed transactions, that is, transactions that access and update data on two or more networked computer resources.

Hope it helps! ◕ ‿ ◕

Sorry if it’s wrong! :(

5 0

2 years ago

Read 2 more answers

Diminishing marginal utiliDiminishing marginal utility means that A. the price of two hamburgers is twice the price of one. B. t

4vir4ik [10]

Answer: C beyond a certain point, total utility decreases as income rises

Diminishing marginal utility means that beyond certain point, the total utility from consuming a good decreases, and increasing its consumption monotonically, makes that every additional unit of consumption delivers less utility each time.

This is because most behavioral consumers models try to emulate the principle of scarcity: the less available units of a good, the more it values.
Then, an increasing income would allow us to buy more and more goods, and because of the existance of diminishing marginal utility, we would get less utility from consuming additional units of every goods each time.
As an example,one could think about eating chocolate. The first bar would give us much happiness (utility), but increasing the number of bars consumed would eventually vanish this "happiness".

5 0

4 years ago

Read 2 more answers

A rigorous framework for understanding the detailed operations of a business is known as:_______