Answer:
understand the position of their competitors.
Explanation:
For a business to strive in an environment where competitors are also operating it is very important to have a good understanding of position of competitors in the market place.
In the given scenario there are other other start-up firms and local shops operating in the same community.
The business has completed the segmentation and targeting processes, to ensure that they are best positioning their service within this community.
Next they will have to understand the competition's aims, strategies, and strengths in order to adequately counteract them.
Answer: Price Leadership
Explanation: Price leadership occurs when a dominant firm sets a price which is then adopted by other firms in the industry.
Answer:
AdCreate billed Anchor Motors $529,412 for the third quarter in 2010
Explanation:
The advertizing company usually takes a 15% commision
Which means from the total amount billed to customer 15% ar commision which means:
money paid to media + 15% comission of the billed amount= total amount billed
450,000 + 0.15X = X
Now, we try to solve for X and get the amount billed to anchor motors.
X = 450,000/.85 =<em> 529.411,76</em>
Answer:
d) no change; a decrease
Explanation:
The Real GDP (gross domestic product) is a macroeconomic term which is the measurement of the value of services and goods produced by economy in a certain or specific time period compared to normal GDP. The influencer elements of Real GDP are very miscellaneous due to long run and short run periods. Then, the determinants which impact on the long run growth of an economy are:
1) Growth of productivity that means the ratio of economic outputs to inputs
2)Demographic changed that means the change of quantity or quality of employment, age structure and etc.
3)Labor Force participation which means that which amount participation there is in labor activities.
As seen above, the consumer and business confidence will not have any positive or negative effect on the real GDP.
Inflation is one of the most important macroeconomic indicator that intends the rate how the purchase power of the money is falling by the rising on the price levels of goods and services. In long run, the most influencing element for inflation is the rate of money supply but if we consider business and consumer confidence are the positive things for the developing of GDP, then they will have a little bit decrease effect on inflation.
Answer: The correct answer is "B. current costs plus cost of beginning Work-in-Process Inventory".
Explanation: The weighted average method of process costing takes into account the costs of the initial inventory since this method calculates the unit cost of the units by means of the number of units and the total cost of them. Therefore the weighted average will drag the costs of the initial inventory.
