Answer:
Budgeted purchases in units for August are 6600 units
Explanation:
The budgeted purchases in units for August under the policy followed by the company will be as follows.
The units required to meet August sales are 6000 units.
The opening inventory in August will be 40% of August sales that is 0.4 * 6000 = 2400 units
Thus, the units need to be purchased in August to meet August sales = 6000 - 2400 = 3600 units
In August, we also need to purchase enough units to cover 40% of September sales. Units needed in August for September sales = 0.4 * 7500 = 3000 Units
Purchases in August = Purchases required to meet August sales - Purchases required to meet the desired ending inventory
Purchases in August = 3600 + 3000 = 6600 units
Answer:
The most suitable answers are,
A) The government promotes competition between businesses.
B) The government owns or partially owns some businesses.
Explanation:
In a mixed market economy, bother government and the private sector plays an important role in the economy. Moreover, government tends to regulate the economy and it's activities to ensure a smooth flow.
In addition, both state owned and privately owned corporations present as well.
Finished goods consist of completed unsold goods which have not been sold to customers.
<h3>What is Finished goods?</h3>
Finished goods refer to completed goods or product that have pass through all the manufacturing process and completed they but have not be sold to the intending consumers.
They are completed processed products.
Therefore, Finished goods consist of completed unsold goods which have not been sold to customers.
Learn more about finished goods from the link below.
brainly.com/question/1763667
Answer:
Please see explanation below.
Explanation:
Advertising plays a very important role in the organizations. Advertising is a paid type of promotion which the companies use to promote its products. Companies success depends upon the right type of advertising channels which the companies uses. Kristi had done a great analysis on advertising and so argues that relevance is very very important factor that plays a major role in advertising. In her talk she says that the advertisements should reach the right person in right time. Every advertisers duty is to see that right person sees the right advertisement at right time. To make this statement true the advertisers should use the technology to a greater extent. Now coming to the marketing managers every marketing manager should look into the major challenges that occurs in the market. If marketing managers are not getting updated with these changes then it brings a major effect on ROI (Return On Investment). The following makes the marketing manager to benefit more from advertising: hiring the person who is good in quantitative skill rather than creative skill, this is because analysing the market is very important than bringing creative products into the market. A quantitative skilled person can analyse the situation properly and can eliminate four out of five processes that occurs in the digital campaign development. Quantitative experts can make the advertisements to the reach to the right person in right time which brings good results to the company.
