Answer: Option B
Explanation: Marketing plan refers to the plan made by the senior managers of an organisation that depicts the marketing strategy to be used by the company in the coming period. This is a flexible plan and is made for generally a period of 12 months.
This, plan consist of of all the factors that are essential for positive marketing. It outlines the execution procedure and the various analysis required. It also includes the financial and controlling procedures to be used.
Hence, we can conclude that the right answer is option B.
Answer:
The company paid a lower cost per hour for labor than allowed by the standards.
Explanation:
<em>The labour cost variance is the difference between the standard labour cost allowed for the actual hours worked and the actual labor cost for the same hours</em>
<em>The labour cost variance compares the actual cost and the standard cost for the actual labour hours paid for.</em>
Hence , Poseidon Marine Stores Company would have paid a sum for labour cost which is lower than the standard cost.
The company paid a lower cost per hour for labor than allowed by the standards.
b) the footing of the debits exceeds the footing of the credits.
Working capital is known as all the activities that are concerned with the managerial accounting techniques and monitoring and utilizing the current assets and liabilities of a company. <span />
Answer:
Consumers are always willing to pay more for brand name
Explanation:
This is absolutely incorrect as there is no connection between how people pay for product and the brand. It is called a blind critics.
The preference of customer will always differ everytime and the good brands are likely to get more customers because their quality and satisfactory rate are always at Top level.
The competitors can only get into the market and get its shares if their quality and satisfactory rate of their product is also good as their rivals product.