Answer: The correct answer is C). To improve return on investment so you can drive more conversions within your target CPA (cost-per-acquisition)
Explanation: Performance Planner is a tool used in advertising planning. It helps the advertiser to organise bids and budget in order to maximise a specific metric across his campaigns.
The tool helps to drive incremental conversions which is within your target and improve retunr on investment as well.
Answer;
Sole proprietorship requires one person to do many things, while partnerships requires many people to weigh in on decisions.
Explanation;
Both partnerships and sole proprietorship are forms of business units, and both have disadvantages and advantages;
Some of the disadvantages of partnerships is that; the liability of the partners for the debts of the business is unlimited and also each partner is liable for the partnership's debts; that is each partner is liable for their share of the partnership debts as well as being liable for all the debts.
A sole trader on the other hand; has disadvantages such as having unlimited liability for debts, capacity to raise capital is limited, among others.
Answer:
a. Wheels are direct material cost as are essential for the automobile to complete, as the cars one of the main equipment is wheels as it will not work without wheels.
b. Glass used in vehicle's windows are also direct material cost, as the material is directly used in automobiles to complete it.
c. Wages are direct labor cost, as to make an automobile labor need to work on the process and assemble all the materials properly in the automobile and then they re paid wages in exchange.
These people perform many of the activities required to move products efficiently from producers to consumers or industrial buyers and are often wholesalers
Who are wholesalers ?
A wholesaler is a company or individual that purchases great quantities of products from manufacturers, farmers, other producers, and vendors. Wholesalers store them in warehouses and sell them on to retailers (shops and stores) and businesses.
Wholesalers are the merchant middlemen who sell mainly to retailers, other merchants, commercial, industrial, or institutional users. They buy principally for resale or business use.
The wholesaler’s business model is based on being the intermediary – the go-between. They operate between a product’s manufacturer and other businesses that want to sell that product.
What is the role of a retailers?
A retailer purchases in bulk from the wholesalers and sells the products to the customers in small quantities. A retailer essentially maintains a variety of merchandise. The aim of a retailer is to achieve maximum satisfaction by exceeding their expectations and delivering exceptional services
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Answer: Accounting profit = $35000, Economic profit = $13000
Explanation:
Accounting profit = Revenue - Explicit cost
Accounting profit = Revenue - Cost of Help - Rent - Cost of materials
Accounting profit = $72000 - $12000 - $5000 - $20000
Accounting profit = $35000
Economic profit = Revenue - Explicit cost - Implicit Cost
Economic profit = Revenue - Cost of Help - Rent - Cost of materials - Renting equipment - working for competitors - talent
Economic profit = $72000 - $12000 - $5000 - $20000 - $4000 - $15000 - $3000
Economic profit = $13000
