A product <u>Line</u> is a group of products linked through usage, profile, price points, customer and distribution channels.
The correct fill in the blank to this question is product line.
A group of products linked through usage, customer profile, price points, and distribution channels is known as a<u> Product line</u>. The products are identical and focus on the same market . Their function or channel distribution might be similar. Possibly their physical attributes, prices, quality, or type of customers are the same. We call this sort of activity as product lining.
Product line is basically a group of related products all marketed under a single brand name that is sold by the same company. Companies sell multiple product lines under their various brand names, the basic purpose is to distinguish them from each other for better usability for consumers.
Product line pricing involves the separation of goods and services into cost price categories in order to create different perceived quality levels in the minds of consumers.
Product lines are usually part of a marketing strategy. Companies keep introducing more products to attract buyers. Specifically, they want to attract those buyers who are already familiar with their brand.
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Answer:
Any enumeration of business processes should strive for a reasonably detailed outcome, which needs to be aligned with the organization’s specific goals of process management. For most organizations, as a rule of thumb, this will boil down to a dozen to a couple of dozens of business processes. Very large and diversified organizations might be better off with identifying a couple of hundred processes. To illustrate this: Within a multi-national investment firm, which employs close to 3,000 staff and holds assets in the range of € 300 million 120 different business processes have been identified. To each of these business processes a process owner is assigned, who oversees the performance of the process and monitors the achievement of its objectives in terms of customer satisfaction, profitability, and accountability. Detailed process models are kept up-to-date, both as a means for documenting planned changes to any process and for satisfying the requirements of financial authorities. By contrast, for a small medical clinic in the Netherlands, which employs medical specialists, nurses, and administrative staff, 10 different treatment processes have been identified. A few of these have been mapped in the form of process models and are now in the process of being automated with a business process management system. For all other processes, it is sufficient to be aware of the distinctive treatment options they can provide to different patient categories.
Answer:
A. True
Explanation:
The Modified Accelerated Cost Recovery System (MACRS) can be defined as a depreciation system that avails business owners or companies the ability and opportunity to recover or recoup the cost basis of physical assets that have experienced deterioration over a specific period of time.
Depreciation can be defined as the reduction of cost of a fixed asset systematically until the value of the asset becomes zero.
In the United States of America, the Modified Accelerated Cost Recovery System (MACRS) is used mainly for tax purposes because it gives room for faster depreciation of a physical asset in its first years or initial usage and reduces depreciation as it is being used over a long period of time.
The salvage value is not considered when using Modified Accelerated Cost Recovery System (MACRS) depreciation methods.
Answer:
a. True
b. False
c. True
d. True
Explanation:
a. True, The least-leveraged industries have the highest TIE ratios.
b. False, U.S. firms have more debt and less equity than Germany or Japan.
c. True, Italy and Japan use more debt than the United States and Canada.
d. True, Management attitude influences the amount of debt that a firm takes on.
Answer:
A. $147,000
Explanation:
All cost incurrend in the installation of the assembly line, and their put to use to meet the company demand will be capitalized
the machine cost
the labor to install the machine
the parts added to the assembly line
rearrange of the assembly line
All those cost were incurred to leave the assembly line ready to use, are associate with the long-term asset so it can be capitalized through it.
75,000 + 14,000 + 40,000 + 18,000 = 147,000