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
dlinn [17]
3 years ago
11

Target Market Selection Process:

Business
1 answer:
I am Lyosha [343]3 years ago
6 0

Answer:

The answer is Concentrated Marketing

Explanation:

Concentrated Marketing is a strategy whereby a product is developed and marketed for a very well defined and specific segment of the consumer population.

You might be interested in
The appearance of coca-cola and ford on american idol is an example of which type of integrated marketing communications?
lys-0071 [83]

Sponsorship/ event marketing

8 0
3 years ago
Erie Company manufactures a mobile fitness device called the Jogging Mate. The company uses standards to control its costs. The
Tom [10]

a. Standard labor-hours is 7920 hours.

b. Standard labor cost allowed is $42,768.

c. The labor spending variance is $1588(U).

d.  The labor rate variance is $1706 and the labor efficiency variance $3294(U).

e.  The variable overhead rate is $5971(U) and efficiency variances for the month $5580(U).

<u>Explanation:</u>

a)Standars hours(SH) allowed to make 19800 jogging mates

=SH per unit \times 19800

=(24/60)*19800

=7920 hours

24/60 has been taken to convert minutes into hours.  

b)Standard Labor Cost (SC) of 19800 jogging mates

=19800 \times SC per unit=19800 \times $2.16\\=$42,768

=$42,768

c)Labour Spending Variance

=Standard Cost - Actual Cost(AC)=$42,768 - $44,356=$1588(U)

=$1588(U)

d)Labor Rate Variance  

=(SR per hour-AR per hour)\timesAH=(5.4-5.2)*8530=$1706(F)

=$1706

Actual Hours(AH) * Actual Rate per hour(AR)= Actual Cost(AC)

8530 \times AR = $44,356

AR = \frac{44356}{8530}\\ \\AR = 5.2

Labor Efficiency Variance

=(SH-AH) \times SR\\=(7920-8530)*$5.4=$3294(U)

=$3294(U)

e) Variable overhead rate variance = Actual hours worked  (Standard overhead rate - Actual overhead rate)

= 8530  (4.5 - 5.20)

= $5971(U)

Actual overhead rate = $44,356 / 8530 = 5.20

Variable overhead efficiency variance = Standard overhead rate   (Standard hours - Actual hours)

= 4.50  (7290 - 8530)

= $5580(U).

8 0
3 years ago
In the efficiency wage model with the efficiency wage above the market-clearing wage, the level of employment depends on:
Scilla [17]

In the efficiency wage model with the efficiency wage above the market-clearing wage, the level of employment depends on: labor demand alone.

<h3>What is wages model?</h3>

Wages model is a model that stated that wages which a worker or an employee earn is based on the workforce or the amount of money available to pay the workers.

In a situation were will have wage that is above the market-clearing wage this tend to mean that the level of employment will depends on  labor demand only.

Therefore  the level of employment depends on: labor demand alone.

Learn more about wages model here:brainly.com/question/1622389

#SPJ12

8 0
2 years ago
What are some of the benefits of regional integration?
Fiesta28 [93]

Answer:

1. Benefits Of Regional Economic Integration

2. Enhanced political cooperation. Several nations usually have a much larger political influence as compared to the influence that each individual country would have.

3. Creates trade. Member countries in a regional economic integration agreement have a wider choice of services and goods that were previously unavailable.

<em>4. Employment prospects. </em>

Explanation:

The benefits of regional integration can easily identify. There are economic benefits such as additional trade, improved quality, increased imports and exports, high-quality international relations and an integrated market. Regional integration can enhance the general quality of life for the citizens of those states.

3 0
3 years ago
What is an example of a positive incentive for consumers
Maru [420]
A positive incentive for consumers is a coupon clipped from a newspaper.
Hope This Helps!!
:)
7 0
3 years ago
Read 2 more answers
Other questions:
  • Roland Company operates a small factory in which it manufactures two products: A and B. Production and sales result for last yea
    12·1 answer
  • In what way does the article describe the two-party system as a positive system when compared with a multiparty system?
    6·2 answers
  • Kota Toy Corporation manufactures lizard dolls in two departments, Molding and Assembly. In the Molding Department, plastic is i
    12·1 answer
  • Compare the demand for sugar with demand for food. the demand for sugar is likely
    11·1 answer
  • What are three factors that can cause a supply change for phones
    14·1 answer
  • A firm is dependent on which of these to help it make decisions about production?
    8·2 answers
  • When incorporating a business, which one of the following is not a major step to take?
    9·1 answer
  • A share of stock is now selling for $75. It will pay a dividend of $6 per share at the end of the year. Its beta is 1. What do i
    8·2 answers
  • 2. Through stores that employ a team-based management approach and that offer an appealing shopping environment / experience, Wh
    6·1 answer
  • of $3.00 per unit. The variable cost to manufacture is $2.00 per unit. The monthly fixed costs are $8000. Its current sales are
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!