Brand name was the innovative way pears’ soap marketed its product.
Brand name is one of the brand elements by which customers are helped to identify and differentiate one product from another. It should be chosen very carefully.
It captures the key theme of a product in an efficient and economical manner. It can be noticed easily and its meaning can be stored and triggered in the memory instantly.
Choice of a brand name requires a lot of research. Brand names are not necessary to be associated with the product.
For example , brand names can be based on places such as Air India or British Airways, animals or birds name such as Dove soap, Puma, people name such as Louise Phillips, Allen Solly etc. In some instances, the company name is used for all products for example, General Electric, LG.
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Answer:
Explanation:
Incremental cost
Inspection cost prior to shipment - 45,000
Upgrading of equipment - 400,000
Incremental benefit - 25,000
The incremental cost of improving quality far outweigh the incremental benefit
Even though loss of profit was avoided by retaining existing customers , yet the quality improvement program dies not guarantee additional customers and profit to write off or reduce the incremental cost .
Therefor , it is not advisable fort the company to go on with the quality program.
Answer:
$1,000
Explanation:
The above means that for every $1 increase in the market value in a long margin account, the SMA increases by $0.50
If the market value rises to $22,000, the account will show
Long market value - Debit = Equity % SMA
$22,000 - $10,000 = $12,000
Against $22,00 of market value, 50% can be borrowed or $11,000. Since the debit is $10,000, an additional $1,000 can be borrowed . This is the SMA
I guess the correct option is D.
The primary purpose of patents and copyrights is to encourage the expenditure of funds on research and development to create new products.
Answer:
P = $75 per club
n= 75,000 clubs
Explanation:
The demand and supply functions are:

The equilibrium price is the price that yields a quantity demanded equal to the quantity supplied:

The number of units sold at that price is:
