Answer
Marketing manager
Explanation
In her previous role as the assistant marketing manger,Priya was able to come up with marketing strategies and plans for products.As a sales representative, this role exposed her to connecting with customers and getting marketing insights at the field. During her time as a budget analysis she was able to monitor the spending of the organization to ensure that they are within budget.The best role for her promotion is the Marketing manager position.
Answer:
b.$5,912.50
Explanation:
The computation of the operating income is shown below:
= Sales - Direct materials cost - Direct labor cost - Manufacturing overhead cost - Total selling and administrative expense
where,
Sales = Number of units × selling price per unit
= 825 units × $74.80
= $61,710
Direct materials cost = Number of units × Direct materials per unit
= 825 units × $13
= $10,725
Direct labor cost = Number of units × Direct labor per unit
= 825 units × $13
= $7,260
Manufacturing overhead cost = Number of units × Manufacturing overhead per unit
= 825 units × $16.50
= $13,612.50
And, the Total selling and administrative expense is $24,200
Now put these values to the above formula
So, the value would equal to
= $61,710 - $10,725 - $7,260 - $13,612.50 - $24,200
= $5,912.50
Answer: True, False
Explanation:
Perfectly competitive market is governed by the following characteristics,
a. Identical/homogeneous goods
b. Large number of buyers and sellers
c. Free entry and exit
d. Perfect information
Therefore, the above statement is <em>true</em> that in a perfectly competitive market, all producers sell identical goods or services. Additionally, there are many buyers and sellers. Because of these two characteristics, both buyers and sellers in perfectly competitive markets are <em>price takers</em>.
The market for digital cable does exhibit the two primary characteristics that define perfectly competitive markets. Firms in a digital cable market have to sell the same product (like the channels they offer), they need to set the same price. Thus, the statement is <em>false</em>.
Answer:
The fact that Becky Bongos sales are falling continually even though they keep decreasing the price shows that <em>the underlying problem is not as a result of the customers' dissatisfaction with price</em>. The underlying problem can be any <em>other factors like not paying attention to customers' needs, poor quality of the commodity, lack of proper marketing, and the presence of a superior competition</em>. The solution is not the reduction of price but rather, a closer look should be paid to these other factors.
The correct answer is Only (A) and (C) are true
Explanation:
In a study or research, the control group is the one that does not receive a treatment. This means, in this case, the control group includes those who only drink the green tea without the herbs because they serve as a standard to measure the effects of the herbs. This makes statement A (The "only green tea" group serves as the control group) true; also, the group receiving the herbs is the experimental group.
On the other hand, a double-blind study is one in which the researchers and the participants ignore who is receiving the treatment, which guarantees there is objectivity. This occurs in the study presented because neither the researcher nor the subjects known who received the herbal mix. Thus, statement C (This study is double-blind) is true.
Finally, a study is classified as observational if there is not intervention but the researchers just observe participants to study a phenomenon. This does not occur in the study presented because there is an intervention through the herbal treatment, and therefore the study is not observational.
