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1 year ago

Firms consider pursuing various ______ as part of their overall growth strategies.

Business

1 answer:

Over [174]1 year ago

4 0

Firms consider pursuing various <u>market segments</u> as part of their overall growth strategies.

<h3>What are market segments?</h3>

Market segments are the groups into which a market can be divided based on the common characteristics of the consumers.

The major market segments are based on:

Demographic
Psychographic
Behavioral
Geographic segmentation.

The purpose of creating market segments is to reach out easily to each group based on their requirements.

Thus, to enhance growth, firms embark on market segmentation.

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3 years ago

According to surveys, the second largest expense of a typical American<br> consumer is

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Explanation:

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Suppose that in the market for loanable funds, the governement is currently running a deficit, and net exports are negative. The

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Answer: 4. Demand will shift inwards, lower rates and decreasing lending.

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People demand loanable funds for spending on consumption and investment. If there is a recession, people will buy less goods and companies will invest less as well.

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2 years ago

Hutton Company reported a $750 unfavorable overhead variance on a recent performance report. This means that factory overhead wa

Viefleur [7K]

Hutton Company reported a $750 unfavorable overhead variance on a recent performance report. This means that factory overhead was underapplied during the period.

<h3>What does an unfavorable overhead volume variance mean?</h3>

An unfavorable volume variance indicates that the amount of fixed manufacturing overhead costs applied (or assigned) to the manufacturer's output was less than the budgeted or planned amount of fixed manufacturing overhead costs for the same time period.

Unfavorable variance is an accounting term that describes instances where actual costs are greater than the standard or projected costs. An unfavorable variance can alert management that the company's profit will be less than expected.

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1 year ago

MC Qu. 122 Walter Enterprises expects... Walter Enterprises expects its September sales to be 20% higher than its August sales o

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Answer:

Ending cash balance $67,900

Explanation:

The computation of the ending cash balance is given below:

Schedule of expected cash collection for September

From august sales (70% of 225,000) 157,500

From sept. sales (30% of 270,000) 81,000

Total cash collection$238,500

Now

Schedule of expected cash payment

For august purchase (80% of 175,000) 140,000

Foor september purchase (20% of 195,000) 39,000

Total cash payment $179,000

Now

Beginning cash balance 8,400

Budgeted cash collection 238,500

Total available cash 246,900

Budgeted cash payment -179,000

Ending cash balance $67,900

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3 years ago