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4 years ago

13

To create the best design concept for your client, it is generally best to only consider the culture in which the interior desig

n business is located.
False or True?

1 answer:

Komok [63]4 years ago

3 0

I say false because you would need to know what they like or dislike

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Why is it important for organizations to accurately estimate the demand for a good or service? A. To decrease the fixed costs o

Yuki888 [10]

Answer:

B. To plan production, marketing, and budgets

Explanation:

A company needs to know accurately the demand for a good or service because it has to determine what kind of customer it is and plan the marketing accordingly. Additionally, that information will be valuable in planning plan its production volume. And afterward, with that information in hands, knowing fixed and varied costs, marketing costs and others, plan the budget accordingly. Pricing, fixed costs, demand slope, and potential sales will be determined by other factors that can include but are not limited to demand estimation.

4 0

3 years ago

With an understanding of which consumers buy a firm's new products at each stage of the diffusion of innovation process, the fir

vesna_86 [32]

Answer:

Advertising, promotion, pricing, sales and distribution.

Explanation:

Marketing mix refers to the choices about product attributes, distribution strategy, communication strategy, and pricing strategy that a firm offers its targeted markets.

Generally, a marketing mix is made up of the four (4) Ps;

1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.

2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.

3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.

4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.

Hence, with an understanding of which consumers buy a firm's new products at each stage of the diffusion of innovation process, the firm can adjust its advertising, promotion, pricing, sales and distribution strategy accordingly.

5 0

3 years ago

You are among the OTC market makers in the stock of Bio-Engineering, Inc.and quote a bid of 102.25 and an ask of 102.5. Suppose

weeeeeb [17]

Answer:

Ans.

a) You earn $1,000 for selling 4,000 shares

b) The value of your final inventory is $615,000

Explanation:

Hi, what you earn is the spread, which is the difference between the bid and ask quote, that is:

$Spread=Ask-Bid=102.50-102.25=0.25$

This means that you earn $0.25 per share you sell, therefore your earnings are:

$Earnings=0.25*4,000=1,000$

Now, for your final inventory (its value) all you have to do is to multiply your remaining inventory (6,000 shares, because you bought 10,000 and sold 4,000) by the ask quote.

$Final Inventory(Dollars)=6,000*102.50=615,000$

Best of luck.

7 0

4 years ago

More free pts for yall!!

antoniya [11.8K]

Answer:

Thank you so much!!

Explanation:

Explanation

5 0

3 years ago

Read 2 more answers

The , , and partnership balance sheet reports capital of for , for , and for . is withdrawing from the firm. The partners ha

mash [69]

Complete Question:

The O'Hara, Parness, and Lincoln partnership balance sheet reports capital of $50,000 for O'Hara, $125,000, for Parness, and $25,000 for Lincoln. O'Hara is withdrawing from the firm. The partners have shared profits and losses in the ratio of 1/2 to O'Hara, 1/4 to Parness, and 1/4 to Lincoln. The partnership agreement states that a withdrawing partner will receive cash equal to the book value of his partners' equity. Journalize the withdrawal of O'Hara.

Answer:

The O'Hara, Parness, and Lincoln Partnership

Journal Entry:

Date Description Debit Credit

O'Hara Capital A/c $50,000

Cash Account $50,000

To record the withdrawal of O'Hara and his capital interest.

Explanation:

The Partnership of O'Hara, Parness, and Lincoln can use the journal entry as above to record the withdrawal of a partner. The O'Hara's Capital account previously had a credit balance and cash will be involved in settling O'Hara, the journal entries to complete the withdrawal of O'Hara are a debit to the O'Hara's Capital account and a credit to the Cash account. This arrangement is in accordance with the partnership agreement. This is the most important governing law for the partnership and everything or transaction affecting the partnership must be done accordingly. It is only in the absence of an agreement that the laws or general practise concerning partnership can be applied.

7 0

4 years ago