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Andru [333]
1 year ago
14

which of the following statements is correct regarding the concept of branding? brands cannot be built through advertising, publ

ic relations, sponsorships, social media, or similar techniques. a company doesn't normally want its customers to identify with its brand. startups usually start with an established brand. a brand can be one of a company's most valuable assets. a brand can denote a negative impression of a company.
Business
1 answer:
LuckyWell [14K]1 year ago
5 0

<u>A brand can be one of a company's most </u><u>valuable </u><u>assets</u>, this is the correct statements regarding the concept of branding.

What is branding?
A brand is any characteristic that sets one seller's good or service apart from that of other sellers. It can be a name, a term, a design, a symbol, or anything else. Businesses, marketers, and advertisers use brands to build and preserve brand equity for the product or service they are promoting, which benefits the brand's consumers, owners, and shareholders. Sometimes generic or store brands can be distinguished from brand names. It is believed that the ancient Egyptians, who are known to be have engaged in livestock branding as slightly earlier as 2,700 BCE, are the originators of the practise of branding, which is defined in its original literal sense as marking by burning. By using a hot branding iron to burn a distinctive symbol into the animal's skin, branding was used to distinguish one person's cattle from another.

To learn more about branding
brainly.com/question/24456504
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You might be interested in
Magic Realm, Inc., has developed a new fantasy board game. The company sold 47,500 games last year at a selling price of $67 per
vekshin1

Answer:

See the explanation below.

Explanation:

Magic Realm, Inc. Contribution Income Statement for last year

Details                                                     Total ($)       Per Unit ($)

Sales revenue (47,500 × $67)             3,182,500                67

Variable cost (47,500 × $47)              <u>(2,232,500)</u>             <u>(47)</u>

Contribution                                            950,000               20

Fixed expenses                                     <u>(855,000)</u>

Net operating expenses                          <u>95,000</u>

6 0
3 years ago
Manufacturing cost data for Orlando Company, which uses a job order cost system, are presented below. Indicate the missing amoun
marusya05 [52]

Answer:

(a)  $54796  (b)  $58,800  (c)  $ 15100  (d) $117916   (e) $ 352916 (f) $ 374216

 (g)  $326316   (h) $ 82824.18 (i) $ 64276.82 (j)  $234500  (k) $1900

Explanation:

The calculations are as follows.

                                              Case A         Case B              Case C

Direct materials used      $ (a) 54796           $91,200          $69,000

Direct labor                              52,200          143,800          (h) 82824.18

Manufacturing overhead applied 42,804      (d)117916         (i)64276.82

Total manufacturing costs           149,800     (e) 352916            216,100

Working

The following formula is used to find the missing values :

Total MFG Cost= DM + DL+ MFG OH

a)  149800- 42804-52200= 54796

d)  Ratio of MfgOH to DL= 42,804/52,200= 0.82

Mfg Overhead for Case 2=  0.82* 143,800= 117916

e) 91,200+ 143,800+ 117916= 352916

h+i) Conversion Costs for Case 3=  216100-69000=147100

Mfg OH is 82% of DL

Total Conversion Cost will be 1.82

1.82x= 147100

x= 147100/1.82

x= 82,824.18

h)DL= 82824.18

i) MFG OH= CC- DL= 147100- 82824.18= 64276.82

Work in process 1/1/14           (b) 58,800              21,300             18,400

Total cost of work in process      208,600      (f) 374216        (j)234500

Working

The following formula is used to find the missing values

Total WIP Cost- Total MFG Cost= Opening WIP

b)Total WIP Cost- Total MFG Cost= 208600-149800= 58,800

f) Total MFG Cost+ WIP= 352916 + 21,300   =374216

j) Total MFG Cost+ WIP=216,100 + 18,400= 234500

Work in process 12/31/14          (c)  15100             11,900             (k)1900

Cost of goods manufactured     193,500     (g) 326316              232,600

Working

The following formula is used to find the missing values

Total WIP-CGS= Ending WIP

c) Total WIP-CGS= 208600-193500 = 15100

g)  Total WIP- Ending WIP= 374216- 11,900      = 326316

k) Total WIP-CGS=234500- 232,600 = 1900

After filling in the blanks:

                                              Case A         Case B              Case C

Direct materials used      $ (a) 54796           $91,200          $69,000

Direct labor                              52,200          143,800          (h) 82824.18

Manufacturing overhead applied 42,804      (d)117916         (i)64276.82

Total manufacturing costs           149,800     (e) 352916            216,100

Work in process 1/1/14           (b) 58,800              21,300             18,400

Total cost of work in process      208,600      (f) 374216        (j)234500

Work in process 12/31/14          (c)  15100             11,900             (k)1900

Cost of goods manufactured     193,500     (g) 326316              232,600

6 0
3 years ago
Bodle, Kane, Marcus, 9e, Equity Valuation Consider a company with a P/E ratio of 15, in an industry with an average P/E ratio of
Natali [406]

Answer:

First option is correct.

Explanation:

The company is potentially an appropriate addition to the investor's portfolio due to high PVGO ratio as the investor believes that company can earn better return by investing profit into future growth opportunities.

4 0
4 years ago
The solution to the system: -2x + y = -1 ; 10x + 5y = 5 is
Viktor [21]
For first one this is the answer
use the photomath app it is really good try it.

8 0
3 years ago
The sales department of a consumer products organization realized that its rivals were adopting new customer relationship manage
kenny6666 [7]

The correct answer is D) environmental forces.

The sales department of a consumer products organization realized that its rivals were adopting new customer relationship management software to keep better track of their prospects. The director of the sales department decided it would also purchase the CRM software to keep up with its rivals. This is an example of environmental forces affecting business buying behavior.

The environmental factors within an organization are technological, cultural, social, economic, demographic, operational, legal or political factors. They could be internal or external. These factors affect buying decisions of the company and that is why the director of the sales department wants to buy the CRM software to compete with its rivals and maintain good customer relationships.  

The other options of the question were A) consumer forces, B) individual forces, and D) organizational forces.

4 0
3 years ago
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