1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kipiarov [429]
3 years ago
12

4. Describe a nonprice competition strategy that you have seen a company use. Do you think this strategy was effective? Why or w

hy not? (3-6 sentences. 3.0 points)
Business
1 answer:
fomenos3 years ago
3 0
One nonprice competition technique is Better Quality. Another nonprice rivalry technique is Better Customer Service. In conclusion, a nonprice rivalry methodology is having a superior site. These procedures matter to clients because of the way that they need to show signs of improvement of a similar item, for example, the better shirt, the better pants, the better administration and so forth.
You might be interested in
Kingbird Industries had one patent recorded on its books as of January 1, 2020. This patent had a book value of $249,600 and a r
dimulka [17.4K]

Answer:

The amount patent(s) should be reported on the December 31, 2020, balance sheet, assuming monthly amortization of patents, is $32,300.

Explanation:

This can be calculated as follows:

Patent book value = $249,600

Remaining useful years January 1, 2020 = 8

Remaining useful months of the patents from January 1, 2020 = Remaining useful years January 1, 2020 * 12 8 * 12 = 96

Monthly Patent book value = Patent book value / Remaining useful months = $249,600 = $2,600

Patent book value amortized from January 1, 2020 to December 1, 2020 = Monthly Patent book value * 12 = $2,600 * 12 = $31,200

Legal fee incurred = $93,500

Number of months from January 1, 2020 to December 1, 2020 = 11

Relevant months of legal fee incurred starting from December 1, 2020 = Remaining useful months of the patents from January 1, 2020 - Number of months from January 1, 2020 to December 1, 2020 = 96 - 11 = 85

Monthly legal fee = Legal fee incurred / Relevant months of legal fee incurred starting from December 1, 2020 = $93,500 / 85 = $1,100

Amount to report = Patent book value amortized from January 1, 2020 to December 1, 2020 + Monthly legal fee for December 1, 2020 only = $31,200 + $1,100 = $32,300

Therefore, the amount patent(s) should be reported on the December 31, 2020, balance sheet, assuming monthly amortization of patents, is $32,300.

3 0
3 years ago
Marketing is a subset of advertising.<br><br> True<br> False
andreev551 [17]

Answer:

False

Explanation:

Marketing is not a subset of advertising. In fact it is the opposite, advertising is the subset of marketing.

Advertising is mostly focused on acquiring customers and promoting sales. Generally, advertising is based on formulating campaigns to promote the products and increasing sales. These promotions are carefully planned out and well designed so they reach a target audience with the help of media such as radio, newspaper, television and magazines etc.

4 0
3 years ago
What is the present role of the aicpa in the rule-making environment?
Sati [7]
AICPA: <span>The national professional organization of practicing Certified Public Accountants (CPAs), whose various committees and boards have been an important contributor to the development of GAAP.



</span>
6 0
3 years ago
Should Obama Care system be continued into the future ?? Yes or No and why ??
chubhunter [2.5K]
I believe so considering an average of 20 million US citizens depend on it. Hope this helps.
7 0
3 years ago
Read 2 more answers
Blake Edwards has done some research and has discovered that economists believe interest rates will rise significantly over the
joja [24]

Answer:

Economic conditions

Explanation:

Based on the scenario being described within the question it can be said that this is an example of Economic conditions influencing jobs in the future. These conditions are the different aspects that affect the overall economy of a country which include GDP growth potential, the unemployment rate, inflation, as well as policy orientations.

5 0
3 years ago
Other questions:
  • 4. Why is the customer service department of a company important?
    14·1 answer
  • What are the benifits of strategic management process
    15·1 answer
  • Ramort Company reports the following cost data for its single product. The company regularly sells 20,000 units of its product a
    6·1 answer
  • Assume the U.S. interest rate is 7.5 percent, the New Zealand interest rate is 6.5 percent, the spot rate of the NZ$ is $.52, an
    5·1 answer
  • Some of the most common applications of real options are with property and insurance. A real estate option grants the holder the
    7·1 answer
  • A stress test in finical marketing means:_____.
    7·1 answer
  • If John made $23,562.55 in wages, and $2,679.32 cents in tips, what amount should he enter for his income when filling out his 1
    5·2 answers
  • Why is it relevant that finance tends to attract large amounts of money?
    15·1 answer
  • In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information:
    10·1 answer
  • In the short-run which form of inflation is caused by a decrease in the supply curve or an increase in wages?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!