Answer:
D) It considers market growth rate to be a measure of market attractiveness
Explanation:
In 1970, Bruce D. Henderson developed and created a growth-share matrix for the Boston Consulting Group (BCG). The Boston Consulting Group (BCG) growth-share matrix is a tool used for analyzing and planning product lines in a business unit. It makes use of a graphical representation of a company's product line and services to analyze and make long-term strategic plans on which to invest more on or sell off.
Generally, products are divided into four (4) main categories in the BCG growth-share matrix;
1. Dogs.
2. Stars.
3. Question marks.
4. Cash cows.
The statement which is true of the Boston Consulting Group (BCG) matrix approach is that, it considers market growth rate to be a measure of market attractiveness.
Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research.
Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.
Answer:
The Journal entries are as follows:
(a)
Bad Debt Expense A/c Dr. $440
To Allowance for Doubtful Accounts $440
(To record the bad debts)
Workings:
Bad Debt Expense = 1% of Total revenue
= 0.01 × $44,000
= $440
(b)
Bad Debt Expense A/c Dr. $439.34
To Allowance for Doubtful Accounts $439.34
(To record the bad debts)
Workings:
Bad Debt Expense = 2% of accounts receivable
= 0.02 × $21,967
= $439.34
The importance of knowing dependent and independent demand models to companies is that it is a way for one to be able:
- To understand inventory.
- Be able to depict the number of units of a specific product that the consumers are said to be willing to by at each price.
<h3>What is independent demand and dependent demand?</h3>
Independent demand is known to be the demand for a given finished product. It can be a machine, a car. etc.
The dependent demand is known to be the demand for a component area of a finished good, such as the wheels on a car.
Note that the Dependent demand is one that is obtained from the demand for a finished product.
Therefore, The importance of knowing dependent and independent demand models to companies is that it is a way for one to be able:
- To understand inventory.
- Be able to depict the number of units of a specific product that the consumers are said to be willing to by at each price.
Learn more about demand models from
brainly.com/question/23879110
#SPJ1
If the client has not suffered any attacks, why is it still necessary to update their system because only businesses with older systems are targeted by attackers.
<h3>Why is it
important to have a new security system?</h3>
Updates to systems, accounts, systems, and applications aren't just requested when there's a security breach on the system; in the case of apps or programs, the addition of new features and bug patches may prompt a developer update.
Thus, option A is correct.
For more details about important to have a new security system, click here:
brainly.com/question/22278398
#SPJ1
Answer:
$9,400
Explanation:
The computation of ending balance in the Allowance for Doubtful Accounts account is shown below:-
The ending balance in the Allowance for Doubtful Accounts account = Net credit sales × Bad debt losses + Unadjusted credit balance
= $190,000 × 3% + $3,700
= $5,700 +$3,700
= $9,400
Therefore for computing the ending balance in the Allowance for Doubtful Accounts account we simply applied the above formula.