As part of their marketing strategy, companies will identify a target market, a group of similar people whose interest the company wants to gain.
<h3>What is a target market?</h3>
A target market is a group of customers which could be in the same area that have interest in a particular product.
They are usually identified as the most likely buyers of a product or service.
Therefore, as part of their marketing strategy, companies need to identify a target market, a group of similar people whose.
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Answer:
revenue tariff
Explanation:
A revenue tariff is a tax levied on imported goods or services whose main purpose is to increase government revenue. It differs from other types of tariffs whose goal is to protect domestic products. E.g. a flat tariff levied on all types of imported goods.
What is the scenario? You need that in order to answer.
Answer:
Predetermined manufacturing overhead rate= $33.1 per direct labor hour
Explanation:
Giving the following information:
Salary of factory supervisor $37,800
Heating and lighting costs for factory $22,900
Depreciation on factory equipment $5500
The company estimates that 2000 direct labor hours will be worked in the upcoming year.
<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= (37,800 + 22,900 + 5,500) / 2,000
Predetermined manufacturing overhead rate= $33.1 per direct labor hour
When compared to the country of origin principle, the country of reception approach to jurisdiction over internet transactions requires business managers to have more knowledge of the laws of other countries.
<h3>What is the significance of country of origin principle?</h3>
The country of origin principle is an important feature of leading parts of Union law. It is also known as<u> home country control, </u><u>country</u><u> of </u><u>origin</u><u> rule</u>, and <u>country of </u><u>origin</u><u> </u><u>principle</u><u>.</u>
The country of origin principle mainly aims to ensure the effective protection of the public interest in the country of origin.
Basically, the country of origin principle has the main purpose to vest exclusive jurisdiction to regulate in one Member State only.
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