Answer:
exclusive
Explanation:
Marketing mix can be defined as the choices about product attributes, pricing, distribution, and communication strategy that a company blends and offer its targeted markets (customers) so as to build and maintain a desired response.
Generally, a marketing mix is made up of the four (4) Ps;
1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.
2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.
3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.
4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.
In this scenario, The Hopper Leg Winery from California's Sonoma Valley is trying to enter the wine market in France. To the company's surprise, it found that the France wine distribution channel was difficult to access as an outsider. Based on this, the market must have an exclusive distribution channel i.e the exclusive or unique rights to be a retailer for the supplier or manufacturer of the wine products.
Answer:
The answer is <u>$3 500 000</u>
Explanation:
The above transactions affect the Consumption component in GDP.
Citrus Grower's contribution to GDP = $3 million + $500,000= <u>$3 500 000</u>
$1 million worth of oranges grown was not included because the amount was the estimated value of oranges and not actual value of oranges consumed.
Answer:
The answer follows below;
Explanation:
Sales=$1,000,000
Allowance for Doubtful Accounts=$1,000,000*1%=$10,000
Bad Debt Expense Dr.$10,000
Allowance for Bad Debts Accounts= Cr.$10,000
In sales % method, we record only % of sales as uncollectible.
Answer: $57,000
Explanation:
Given that,
Beginning finished goods inventory in units = 0
Units produced = 7,000
Units sold = 5,100
Sales = $663,000
Materials cost = $140,000
Variable conversion cost used = $70,000
Fixed manufacturing cost = $490,000
Indirect operating costs (fixed) = $102,000
Total Variable cost of units produced = Materials cost + Variable conversion cost used
= $140,000 + $70,000
= $210,000

=
= $30
Units in ending inventory = Units produced - Units sold
= 7,000 - 5,100
= 1,900
Value of Variable costing ending inventory = Units in ending inventory × Variable cost per unit
= 1,900 × $30
= $57,000
Perception benefits.
Gatorade wants anyone who uses their product and sees their logo to associate it (aka<em> have the perception</em>) that the user is athletic.