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Tresset [83]
3 years ago
9

Which tax is paid to a third party?

Business
1 answer:
erastova [34]3 years ago
5 0
The answer is D, indirect
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Explain how you will use each of the five P's of the marketing mix to achieve
bulgar [2K]

Answer & Explanation:

To determine the brand image goal, it is essential to identify the targeted market, segments first - who the brand serves and then conduct the market research to understand the demand, the tastes and preferences of the targeted customers.

Based on these information, we can use marketing mix to achieve the goal.

Product

If the brand has already chosen the sector to operate it, it should base on the market taste and demand to determine things related to the product, including: the functions, packaging, appearance, added value for customers, quality, and other supported services (such as warranty). These are information that customers usually consider when they make a purchasing decision. So that the brand should clarify the information about features of products, add benefits that the users can earn from the products.

Price

When determining the pricing strategy, the brand does not only consider the product price but also discounts policy, credit terms, etc. These would base on the position of the brand in the marketplace (in low price, premium or low-medium, etc. and providing high, low or medium quality products, etc.). This bases on the products the brand offers after considering the consumption habit, power of the targeted segments.

Place

Brand has to identify where the products are seen, distributed and purchased so as to approach the largest amount of potential customers. In the place strategy, the prioritized goal is to assure the products are accessible to the targeted customers. (For example, the brand can provide their products at convenient stores if this is the more preferred shopping places of targeted customers.)

Promotion

This refers to the activities to make the brand known more and attract more buyers, including types of advertisement, sponsorship, etc. There are two most common ways of promotion is promote directly the users or promote the distributors (the wholesalers) to import and sell the products of your brand.

People

The people strategy involves in the image of people participated in the brand such as staff, salesperson, other employees. This affects mainly the customer services - which would have considerable impact on the perception of customers about the brand. The people strategy can base on the image they want to target, for example to be basic, friendly or to make the customers feel the vibe of luxurious brand.

3 0
3 years ago
Norwood, Inc. purchased a crane at a cost of $80,000. The crane has an estimated residual value of $5,000 and an estimated life
qwelly [4]

Answer:

Book value= $51,875

Explanation:

Giving the following information:

Purchase price= $80,000

Salvage value= $5,000

Useful life= 8 years

<u>First, we need to calculate the annual depreciation under the straight-line method:</u>

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (80,000 - 5,000) / 8

Annual depreciation= $9,375

<u>Now, we can determine the book value at the end of 2019:</u>

Book value= purchase price - accumulated depreciation

Book value= 80,000 - (9,375*3)

Book value= $51,875

8 0
3 years ago
Georgia, Inc. has collected the following data on one of its products. The direct materials quantity variance is: Direct materia
vazorg [7]

Answer:

$30,000 unfavorable

Explanation:

Provided Information,

Standard Material per unit = 4lbs

Rate per unit = $1 per lbs

Actual finished units = 30,000

Actual direct material used = 150,000 lbs

Standard Raw material for actual finished goods = 30,000 \times 4lbs = 120,000 lbs

Material quantity variance = (Standard quantity - Actual Quantity) \times Standard Rate

= (120,000 - 150,000) \times $1 per lbs

= - $30,000

Since value is negative because actual quantity used is more than standard quantity, the variance is unfavorable, therefore, material quantity variance = <u>$30,000 unfavorable</u>.

7 0
4 years ago
Economic profit is smaller than accounting profit because:
viva [34]

Answer:

A) accounting profit does not account for explicit and implicit costs.

Explanation:

  • As accountant and economist view profits differently as they view costs differently and thus are useful in making the business decisions and the only difference that occurs is in terms of opportunity cost.  
  • As the economic profits are smaller and hs explicit ad implicit costs, as compared to the accounting profit.
  • Gross Profit - (Operating Expenses + Taxes) = Accounting Profit.
3 0
4 years ago
E-commerce creates a great deal of data on how consumers interact with a website. L.L.Bean keeps records that show how quickly c
belka [17]

Answer:

evidence-based decision-making

Explanation:

Evidence-based decision-making is the means by which decisions are made about a program practice or policy based on best available research results and informed by experimental evidence from the field.

In this instance L.L.Bean keeps records that show how quickly consumers make decisions, how many alternatives they explore, and whether they stop without completing a purchase. This is evidence that has been gathered to help with decision-making.

So when an issue is noticed a solution can easily be tested.

5 0
3 years ago
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