Answer: Implementation of Findings and Sharing Information gathered with decision-makers to aid implementation.
Explanation:
Marketing Research is a series of steps taken in gaining a better understanding of a company's goods and services in the market field, as well as, methods that can be employed to improve the distribution and value of the product.
The series of steps involved in marketing research include; Problem Identification, Enumeration of the research goals, Research Planning and design, Data collation, Data analysis, presentation of the report, and Implementation of findings.
Ethan has just reached the concluding part of his marketing research where he now creates a report of his findings and proposes several actions.
His next step would be to take action. He should also be willing to share the information gathered from the findings with decision-makers in the organization as this would be a helpful guide to them in executing actions.
The use of teams in the workplace has increased so dramatically because using team work will enable a company to take on additional works without having to employ more staff. This will result in more revenue and profits for the company.
Answer:
$34.73 per direct labor hour
Explanation:
Predetermined overhead rate
= Estimated manufacturing overhead / Estimated labor hour
= [$1,245,216 + ( 43,600 × $6.17 ) ] / 43,600
= [$1,245,216 + $269,012] / 43,600
= $1,514,228 / 43,600
= $34.73 per direct labor hour
Therefore, the predetermined overhead rate for the recently completed year was closest to $34.73 per direct labor hour.
C: Americans purchased many consumer goods on credit
Hopefully this helps.
Answer:
The separate-entity assumption
Explanation:
The separate-entity assumption is a principal in accounting according to which the financial transactions of a business and the personal expenses of the owners is to kept separate from each other. The expenses derived solely for the business is only to be counted under the expenses of the company. Inclusion of any personal expenses of the owner or any partner of the business is prohibited under this principal.
In the given excerpt, the owner of Shady Grove Company had violated the separate-entity assumption by including the expenses of his personal items under the name of the Company.