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3 years ago

Firms use various methods for identifying customers such as and .

Business

1 answer:

Rashid [163]3 years ago

3 0

Answer:

The correct answer to the following question is option A) .

Explanation:

One way in which firms identify customer is through observational characteristics which can be age, by knowing the average of their target customers , a firm can know whether their target customers would be willing to wait in long lines or not for getting the firms product. As if their target customers mainly consists of old age then those customer won't be willing to wait in long lines to get the product.

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Gary’s Company produces high quality shirts. Shirts must be well made because of frequent washings. Currently, Gary sells 10,000

grin007 [14]

Answer:

Unless the capacity is expanded or some of the production gets outsource, the offer is not convenient.

Explanation:

Giving the following information:

Currently, Gary sells 10,000 shirts at $60 each with the capacity to produce 11,000 shirts. Gary is considering a special order for 1,800 shirts for $40.

Gary has the following costs:

Unit Costs $200,000

Facility Costs $140,000

If Gary accepts the special order, they will incur an additional $2 per shirt in foreign currency transaction costs.

Because it is a special offer and there is unused capacity, we will not have into account the fixed costs.

variable cost per unit= (200,000/10,000) + 2= $22

Effect on income= (40 - 22)*1,800= $32,400

We have to take into account the loss of not selling 1,000 units.

Effect on income= 1,000*40= $40,000

Total effect= 32,400 - 40,000= $7,600

Unless the capacity is expanded or some of the production gets outsource, the offer is not convenient.

6 0

3 years ago

In a catalog a coat was on sale for $65.55 this week. It regularly sells for $77.77. If the sales tax is 6% and shipping is belo

bazaltina [42]

Answer:

$14.96

Explanation:

Shipping and handling charges are attached.

Given: Discounted price= $65.55.

Regular sales price= $77.77

Sales tax= 6%.

Now, find the cost of coat after tax.

Cost of coat= $77.77+(77.77\times 6\%)$

⇒ Cost of coat= $77.77+ 4.66= \$ 82.43$

Adding shipping charges to the cost= $82.43+8.95= \$91.39$

Hence, cost of coat after tax and shipping charges= $91.39.

Next finding total cost of coat if sold at discount after tax.

Cost of coat at discounted price after tax= $65.55+(65.55\times 6\%)$

⇒ Cost of coat at discounted price after tax= $65.55+ 3.93$

⇒ Cost of coat at discounted price after tax= $\$ 69.48$

Adding shipping charges to the cost of coat= $69.48+6.95=\$ 76.43$

Hence, cost of coat at discounted price after tax and shipping charges= $76.43.

Finding saving amount by ordering coat at the sale price or discounted price.

∴ Saving = $Total\ cost\ of\ coat\ at\ regular\ price - Total\ cost\ of\ coat\ at\ discounted\ price$

Saving= $91.39-76.43= \$ 14.96$

Hene, Total saving by ordering coat at the sale price is $14.96

7 0

3 years ago

In the BIG BUCKS LOTTERY, the chance of winning a $10 prize is 1%. What is your best guess about how many people would win a $10

3241004551 [841]

Answer:

The correct answer would be, 10 Persons.

Explanation:

If there are 1000 people in the Big Bucks lottery and there is a 1 percent chance of winning 10 dollars prize if all 1000 people buy the lottery ticket of 10 dollars. If every person buys 10 dollar lottery ticket, then the chances of winning people would be calculated as follows:

Total number of People = 1000

Chances of winning the lottery = 1%

So How many people would win 10 dollar lottery = 1000 * 1%

= 1000 * 0.01

= 10 People.

So there are chances that 10 out of 1000 people will win the lottery.

5 0

3 years ago

Read 2 more answers

Complete an information-level design for Holt Distributors. General description. Holt Distributors buys products from its vendor

Stolb23 [73]

Answer:

Here are some changes to the textbook requirements that will simplify your work somewhat.

· The transaction requirements give you information on required tables. (page 339-340)

· Assume that ALL orders ship entirely, in other words there are no partial shipments. Either they ship the entire order or they wait until they have all the required units and then ship.

· Do not include the Customer PO information

Explanation:

4 0

2 years ago

_____ involves changing the size of the opportunity by identifying and maximizing key drivers of the positive risk

Ne4ueva [31]

The answer would be Risk Enhancement

3 0

2 years ago

Firms use various methods for identifying customers such as​ ________ and​ ________.

Firms use various methods for identifying customers such as and .