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3 years ago

What is a great example of using cluster analysis in business to create target-marketing strategies?

Business

1 answer:

Marysya12 [62]3 years ago

5 0

Answer:

The correct answer is letter "C": zip code segmentation.

Explanation:

Target-marketing strategies are achieved by segmenting the company's overall market. Segmentation allows firms to classify their clients typically by age, gender, and income but some other features such as location can be also implemented. Once the target population is spotted, organizations can choose a plan prompt advertising most likely to impact their behavior.

Thus, entities can use zip segmentation to identify customers in a specific region and study their consumption patterns to try to identify profitable opportunities.

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Transactions that affect earnings do not necessarily affect cash. Identify the effect, if any, that each of the following transa

harkovskaia [24]

Answer:

See explanation section

Explanation:

Cash Net Income

a) Purchased $100 of supplies for cash -$100 No Effect

Note: Purchasing supplies will reduce cash that is an asset and on the other hand, supplies is also an asset which will increase due to purchase. Therefore, no effect on net income.

b) Recorded an adjusting entry to record No Effect -$20

use of $40 of the above supplies.

Note: Using of supplies means supplies will reduce. That means asset will reduce. On the other hand, an expense, that is, supplies expense will increase that leads to the decrease on net income.

c) Made sales of $1,300, all on account. No Effect $1,300

Note: Sales on accounts will affect the net income directly but as the company does not receive cash, there is no effect on cash.

d) Received $800 from customers in $800 No Effect

payment of their accounts

Note: Receive cash will affect the cash, $800. As accounts receivable decreases, there is no effect on net income.

e) Purchased equipment for cash, $2,500 -$2,500 No Effect

Note: Purchasing equipment will reduce cash that is an asset and on the other hand, equipment is also an asset which will increase due to purchase. Therefore, no effect on net income.

f) Recorded depreciation of building for No Effect -$600

period used, $600

Note: Depreciation of building is an expense, therefore, net income will decrease. As depreciation expense is a non-cash account, no effect on cash.

4 0

3 years ago

What are the three benefits of networking when searching for a job

KATRIN_1 [288]

-Focuses job choice and career direction

-Access to jobs not readily advertised

-Gain insider information

-Learn about specific employers

-Opportunity to promote yourself

-Chance to practice communication and interview skills

7 0

3 years ago

Read 2 more answers

Roberto, a manager at GBN, has to prepare a report about the advantages of introducing a counseling program for employees in his

Naddika [18.5K]

Answer:

The correct answer is letter "D": unsupported generalization.

Explanation:

Unsupported generalization is a statement given after coming to a broad conclusion on facts that might not be related to the topic pointed out. Evidence could be presented in these arguments but it is considered inconsistent because those arguments could be helpful to support other conclusions rather than the provided.

6 0

3 years ago

Echo Corporation uses a job-order costing system and applies overhead to jobs using a predetermined overhead rate. During the ye

ozzi

Answer:

Actual overhead= $153,400

Explanation:

Giving the following information:

During the year the company's Finished Goods inventory account was debited for $360,000 and credited for $338,800. The ending balance in the Finished Goods inventory account was $36,600.

At the end of the year:

Manufacturing overhead was overapplied by $15,900.

If the applied manufacturing overhead was $169,300.

Because the manufacturing overhead was overapplied, we need to subtract from the applied overhead to determine the actual overhead.

Actual overhead= applied overhead - overapplied overhead

Actual overhead= 169300 - 15900= $153,400

5 0

3 years ago

Describe three factors that impact cost or revenue within your organization. How might these variables impact your DPI Project d

asambeis [7]

Incomplete question. I provided three factors that can impact cost or revenue within an organization.

Explanation:

1. Production capacity: Theoretically, the greater the production capacity, the higher the opportunity for added revenue since more of the goods or services can be rendered.

2. The market segment: A good market segment can result in profitability for the business.

3. Type of labor employed: Many modern-day industrialists believe that organizations that switch to an automated labor force can achieve lower operational cost; thereby leading to more revenue.

6 0

3 years ago