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4 years ago

Which of the following is an example of a company that serves a niche market?

Business

1 answer:

Natasha_Volkova [10]4 years ago

3 0

Answer:

C) a manufacturer who creates tools such as bolts, latches, door handles etc. for left-handed individuals

Explanation:

A niche market is a segment of a market that has a specific target group of consumers, usually due to a highly specific need or interest of those people. On the contrary, mainstream providers cater to the needs of the mass market, a customer base that is not specific and is largely diverse.

Therefore, large-scale manufacturers that have a large range of standardized products are <u>not</u> considered as niche.

In this example, the company producing miscellaneous things tailored for left-handed individuals is highly niche by nature.

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A firm creates value by?

djverab [1.8K]

Answer:

Paying more cash to its creditors and stockholders than the amount it received from them (1)

Explanation:

Stockholders are the primary owners of the company who have invested their money in the company's shares i.e equity holders and expect a reasonable returns higher than their investment.

Creditors are money lenders like banks i.e debt holders who have given loan or bank overdraft to the company and expecting the company to pay back at an agreed date with interest.

A firm creates value by being able to invest money sourced from various investors into a viable project that guaranteed greater returns than the weighted average cost of capital.

6 0

3 years ago

in 2008 and early 2009, share values declined sharply as the global economy fell into a severe recession. this type of stock mar

True [87]

In 2008 and early 2009, share values declined sharply as the global economy fell into a severe recession and that type of stock market is referred to as a bear market.

When investors are less risk-seeking and more risk-averse, this is referred to be a bear market. During this kind of bear market, which can last for months or years, investors steer clear of gambling and choose instead safe, boring assets.

A bear market can be caused by a variety of factors, but in general, a weak, stopping, or sluggish economy, bursting stock marketplace booms, epidemics, invasions, geopolitics crises, and big economic changes in society, like the transition to an internet economy, are just a few of their causes.

Typical indicators of a weak or deteriorating economy include:

Low employment
Low discretionary income
Weak productivity
Reduction in corporate earnings

Learn more about a bull, bear, and volatile stock markets here:

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6 0

1 year ago

What is the predominant source of financing for positive npv projects by u.s. nonfinancial corporations?

ch4aika [34]

The primary source of funding for positive npv projects by U.S. nonfinancial firms is internally generated funds

Internally Generated Monies are funds that are not the result of a loan, a debt issue, an equity issue, the sale of an asset, an insurance recovery, or any other debt. Internal funding is the practice of paying for energy efficiency, renewable energy, or other generation initiatives out of an organization's current financial resources as opposed to seeking outside funding. By dividing the bank's retained earnings by the average equity balance of all stockholders for a specific accounting period, the internal capital generation rate is determined.

Learn more about Internally Generated funds here

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4 0

2 years ago

Preparing cost of goods sold budget Prepare a cost of goods sold budget for the Summit Manufacturing Company for the year ended

choli [55]

Answer:

COGS= $2,218,200

Explanation:

Giving the following information:

WIP:

Beginning= 28,500

Ending= 23,700

Finished goods:

Beginning= 19,300

Ending= 22,400

Direct materials:

Purchased= 854,000

Beginning inventory= 31,000

Ending inventory= (26,000)

Direct material used= 859,0000

Totals from other budgets included:

Direct labor cost= $539,500

Total factory overhead costs= $818,000

First, we need to calculate the cost of goods manufactured:

cost of goods manufactured= beginning WIP + direct materials used + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 28,500 + 859,000 + 539,500 + 818,000 - 23,700

cost of goods manufactured= $2,221,300

Now, we can calculate the cost of goods sold:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 19,300 + 2,221,300 - 22,400

COGS= $2,218,200

5 0

3 years ago

Match each type of fee that mutual funds charge investors with its correct description. Tiles 12b-1 distribution fee account mai

vazorg [7]

The correct matches are as follows:
1. DISTRIBUTION FEE: Management companies pay brokers 0.1% fee for marketing the fund.
In mutual fund business, distribution fee refers to the amount of money that is charged for marketing and selling fund shares. The money is used for such thing as compensating the brokers or those who sell the fund shares, paying for advertisement, printing and mailing of sales literature, etc. The distribution fee is typically capped at 0.75% of mutual asset.

2. ACCOUNT MAINTENANCE FEE: $20 broker fee charged against the mutual fund.
This is the amount of money that a broker charges for maintaing each mutual fund in an account. The fee is paid on a yearly basis by the mutual fund to the broker. Thus, for an investor who hold five mutual funds, his broker will be paid $100 every year.

3. REVENUE SHARING FEE: Payment to company that investors go through to buy the mutual funds.
Revenue sharing is said to occur when the mutual fund company makes payment to the broker or a dealer that is involved in the investment. Revenue sharing can take many form and is usually calculated as a percentage of the invested amount. Revenue sharing serves as incentives to brokers to promote one fund relative to another.

4. SHAREHOLDER SERVICE FEE: 25% broker fee charged against the mutual fund for servicing the account.
This is the amount of money that a broker is paid for servicing an account. Under the current regulations, a broker can be paid as much as 0.25% of the worth of a mutual investment as a payment for servicing the account.
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5 0

3 years ago

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