To segment a market effectively, you should make sure the categories are fairly homogenous, at least in terms of the demands of potential customers and how they react to marketing.
Organizing potential customers into groups or segments with comparable demands and responses to marketing actions is referred to as market segmentation in marketing. Market segmentation helps businesses to target various customer groups who view the entire worth of particular goods and services in a variety of ways.
By identifying the items that are most likely to capture a portion of a target market and the most effective channels for marketing and distributing those products, market segmentation aids businesses in reducing risk.
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False, The whole point of G-20 is to set policies that are effective
Answer:
The Ariana's accounting profit for the year was $6,000
Explanation:
Accounting Profit : The accounting profit is that profit which records the difference of total revenues and total direct cost.
Where,
Total revenues includes sales revenues
And total cost includes monetary cost, etc.
So,
Accounting profit = Total revenues - Total cost
where
Total revenues = 2,000 × $2.5 + 4,000 ×$2.5 = $15,000
Monetary cost = $9,000
So,
Accounting profit = $15000 - $9000 = $6,000
Hence, the Ariana's accounting profit for the year was $6,000
Answer:
Predetermined manufacturing overhead rate= $50 per machine-hour
Explanation:
Giving the following information:
Estimated overhead costs= $3,400,000 for indirect labor
Estimated overhead costs= $850,000 for factory utilities.
85,000 machine hours are planned for this next year
To calculate the predetermined manufacturing overhead rate we need to use the following formula:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= (3,400,000 + 850,000) / 85,000
Predetermined manufacturing overhead rate= $50 per machine-hour
