Answer:
Mass marketing
Explanation:
Mass marketing is a strategy that aims at attracting a vast number of potential customers. It this strategy, marketers tend to ignore demographic differences. The focus is the achieve high sales volume. Mass marketing is effective necessary goods that people will always shop. It involves products of low prices that the general public can afford.
Answer:
b. $2,000
Explanation:
Using a fair value option pricing model, total compensation expense is determined to be $6,000.
The service period is for three years beginning January 1, 2021.
So, Ellison should recognize compensation expense for 2021 on its books in the amount of:
= $6,000 / 3 years
= $2,000.
As a result of the option granted to Wine, using the fair value method, Ellison should recognize $2,000 as compensation expense.
Colby would rate low on openness to experience, while Carleton would rate high on this dimension based on the five-factor model.
Since Colby’s thinking is conventional, he would most likely stick with the common and proven methods in handling a business, thus, the rationale on his low rating to openness to experience.
Answer:
$47,200
Explanation:
The computation of the capitalized amount as a cost of machine is shown below:
= Cash price of new machine + monthly installment charges
= $46,400 + $800
= $47,200
Since we have to find out the capitalized amount so we consider the cash price and the monthly installment charges only
All other information which is given is not relevant. Hence, ignored it
Answer: Contingency
Explanation: In simple words, contingency refers to the event that may or may not happen in the future and depends on certain circumstances.
These are usually the misshapen or potential threats that the organisation may face in the future, so the management tries to make advance funds and report for contingent liabilities so they can tackle the problem effectively.
In the given case, Hawley corporation reported liabilities in their balance sheet for the events that may or may not occur in the future. Hence we can conclude that they reported contingency.