Answer:
100 years
53.8 years
10.1 years
18.4 years
Explanation:
country to double given its growth rate
Number of year for GDP to double = 70 / growth rate of country
1. 70 / 0.7 = 100
2. 70 / 1.3 = 53.8
3. 70 / 6.9 = 10.1
4. 70 / 3.8 = 18.4
Answer: Promotion
Explanation: Price, product, promotion, research, firm characteristics etc. are the elements that a domestic marketer can control on his or her level.
In the given case, Jennifer is assigned to make the plan for marketing and she wants to start her plan by determining the variables factor. As she has already determined price, product and channels of distribution she is only left with the promotion variable.
Answer:
The correct answer is letter "B": The customer is king.
Explanation:
Marketing has evolved along time. We can identify five (5) eras in the marketing evolution: <em>The Production Era, The Product Era, The Selling Era, The Market-oriented Era, </em>and <em>The Holistic Era</em>.
In the Market-oriented Era (developed around the 50s) customers were the center of production. Companies focused their efforts to manufacture goods according to consumers' demands. Thus, a phrase such as:
"<em>The customer is king</em>";
would be typical of this marketing era.
Answer:
$1,701,371
Explanation:
Gross Profit = Sales - Cost of Sales
therefore,
In percentage this equation can be expressed according to the Company policy as :
<em>46 % = 146 % - 100%</em>
Cost of Sales = 100/146 x $2,484,001 = $1,701,371
Conclusion :
Budgeted cost of goods sold for February is $1,701,371
Answer:
$254,000
Explanation:
First and foremost,the cash of $9,200 collected in respect of debt already written off as uncollectible would not affect the balance in accounts receivable since the debt would reinstated and also taken out of accounts receivable simultaneously.
The change in accounts is the difference between the sales on account of $596,000 and collections in respect of accounts receivable of $342,000
change in accounts receivable=$596,000-$342,000=$254,000
