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SVETLANKA909090 [29]
3 years ago
10

Frank is a brand manager for Heinz. He hires a research firm and when he meets the research company representative he states: "H

ere's the information I want to know. Tell me the change in market shares every time my top three competitors change advertising strategies." The most important question the researcher should ask is:
Business
1 answer:
Eva8 [605]3 years ago
8 0

Answer:

What decision are you trying to make using that information?

Explanation:

By knowing the answer to the question, the researcher could designed their research to provide the most relevant data specifically for that purpose.

<u>for example,</u>

let's say that the purpose of the research is to find out which advertising strategies work the best.

The researcher could specifically separate the date and divided the market shares based on different periods. Each different periods are made represent different advertising strategies.

This would provide frank with the information regarding which strategies cause the most increases in market shares.

You might be interested in
Biology a(n) ________ stocks price is greatly affected by the state of the economy because the company makes a product that can
Bogdan [553]
The answer is: A CYCLICAL PRODUCT. A cyclical product is one that is sensitive to the state of the economy; the demand for the product will be high during the time of economic prosperity and low during the time of economy down turn.
3 0
3 years ago
During the recession of 2008-2009, the administrations of Presidents George W. Bush and Barack Obama flooded several banking, fi
Jobisdone [24]

Answer:

The answer is: C. The trend toward mostly capitalist nations to move toward socialism.

Explanation:

Capitalism is an idea that favors free markets, but 100% pure capitalism will never exist. The same happens to socialism, no country is 100% socialist. All the countries in the world are mixed between capitalism and socialism but on different percentages.

For example, in a true capitalistic nation no government could exist since no taxation would be allowed. Governments function with the money of their citizens collected through taxes, but theoretically in a free market taxes don't exist. Currently the US and China are involved in a "trade war" which includes import tariffs, which should not exist according to capitalism.

I'm not sure, but I believe there are no pure socialist countries in the world and they probably have never existed either. Not even the Soviet Union was a pure socialist country and China has become the biggest defender of capitalism in the world.

5 0
3 years ago
Swiss Furniture Company manufactures bookshelves and uses an activityminusbased costing system. The following information is pro
telo118 [61]

Answer:

$12.40

Explanation:

Activity           Estimated Indirect       Allocation Base      Estimated Q. of

                      Activity Costs                                               Allocation Base

<u>Materials handling $7,700                Number of parts     7,350 parts </u>

<u>Assembling          $10,500                Number of parts     7,350 parts </u>

Packaging              $2,410                 Number of units     1,470 bookshelves

The direct materials cost per bookshelf is $39. What is the cost of materials handling and assembling per​ bookshelf?

materials handling cost per part = $7,700 / 7,350 parts = $1.05

assembling cost per part = $10,500 / 7,350 parts = $1.43

total cost per part = $2.48

cost per bookshelf = 5 x $2.48 = $12.40

6 0
3 years ago
Erpetual Inventory Using Weighted Average
crimeas [40]

The weighted average unit cost is $10.61.

The cost of goods sold on October 29 is  $2,122.39.

The inventory on October 21 is $3138.

<h3>What is the average weighted cost?
</h3>

The weighted cost of goods sold = [(310 x 9) + ($12 x 360)] / (360 + 310)

(2790 +4320) / 670  

7,110 / 670 = $10.61

Cost of the goods sold on October 29 =  average unit cost x number of goods sold

$10.61 x 200 = $2,122.39

Inventory on October 21 = ending inventory  x average cost

ending inventory = total inventory - total inventory sold

  • total inventory = 310 + 360 = 670 units
  • total inventory sold = 170 + 200 = 370 units
  • ending inventory = 670 - 370 = 300 units

Inventory on October 21 = 300 units x 10.61 = $3,183

To learn more about average weighted cost, please check: brainly.com/question/15231142

#SPJ1

7 0
2 years ago
Thome and Crede, CPAs, are preparing their service revenue (sales) budget for the coming year (2020). The practice is divided in
MrRissso [65]

Answer and Explanation:

The Preparation of service revenue is prepared below:-

For Quarter 1    

                   Billable Hours      Billable rate          Total

Auditing        2,450                    84                     205,800

Tax                 3,130                    94                      294,220

Consulting     1,640                   105                     172,200

Total                                                                     672,220

For Quarter 2    

                    Billable Hours    Billable rate          Total

Auditing          1,840                   84                     154,560

Tax                  2,650                  94                     249,100

Consulting      1,640                  105                     172,200

Total                                                                      575,860

For Quarter 3

                   Billable Hours      Billable rate          Total

Auditing         2,330                      84                  195,720

Tax                 2,300                      94                 216,200

Consulting      1,640                      105               172,200

Total                                                                    584,120

For Quarter 4

                   Billable Hours      Billable rate          Total

Auditing           2,710                     84                  227,640

Tax                   2,800                    94                  263,200

Consulting       1,640                    105                  172,200

Total                                                                     663,040

Now the total revenue is

= $575,860 + $584,120 + $663,040

= $1,823,020

5 0
4 years ago
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