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kumpel [21]
4 years ago
11

Johnson & Johnson has been able to establish strong brand equity for its line of baby products. What benefits does J&J h

ave because of its brand equity for these products?
Business
1 answer:
Simora [160]4 years ago
4 0

Explanation:

Building brand value is an extremely important strategy for any company. This is a strategy that requires efforts and resources so that the organization can stand out from its competitors in the market.

Johnson & Johnson, has been investing in building brand value over the years, when we think about the brand, we soon come to mind the television advertisements that feature babies and parents happy when using the brand's products. This is an advertising effort that the company uses to penetrate the minds and emotions of potential consumers, the company uses essential elements to certify that its products will satisfy the needs of babies and parents, proving to be the most gentle and sensitive brand in the world. market.

The biggest benefits when building a brand of value, is that J&J manages to be a reference brand for consumers by building relationship and brand value. With this, the company conquers more and more market and guarantees a solid positioning that generates loyalty and trust.

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Accounts receivable $ 35,000 debit Allowance for uncollectible accounts 500 credit Net Sales 180,000 credit All sales are made o
SCORPION-xisa [38]

Answer:

$1,080

Explanation:

Calculation for the amount that should be debited to Bad Debts Expense

Using this formula

Bad Debts Expense=Net Sales× Percentage of net credit sales uncollectible.

Let plug in the formula

Bad Debts Expense=180,000 credit×0.6%

Bad Debts Expense=$1,080

Therefore the amount that should be debited to Bad Debts Expense when the year-end adjusting entry is prepared will be $1,080

5 0
3 years ago
Romo Enterprises needs someone to supply it with 127,000 cartons of machine screws per year to support its manufacturing needs o
Nina [5.8K]

Answer:

You should submit a bid price of $40.63

Explanation:

bid price = NPV of the project/total units of production

               = $5160415/127000

               = $40.63 per carton

Therefore, You should submit a bid price of $40.63

8 0
3 years ago
Customers who are good at generating new product ideas or applications of products or services are called _________.
scoundrel [369]

Answer:

lead users.

Explanation:

Remember products are made for customers, and when customers provide helpful feedback that leads to new products or applications of products it's even better.

Lead users provide a lead to product success. They are good at providing feedback for free, like what needs to added or removed etc.

It is important to note that most big companies rely on customer feedbacks for new product launches.

6 0
3 years ago
Shonda wants to open a deli. She is worried that it won't be successful unless
lana [24]

If he pays for the rights to use the name and logo of an existing deli company. The type of business is Shonda forming is: A. A franchise.

<h3>What is franchise?</h3>

Franchise can be defined as the way a person or a company is given the license or right to use a another company trade name or logo.

Based on the given scenario Shonda forming a franchise type of business because he was given  the rights to use the name and logo of an existing deli company.

Therefore the type of business is Shonda forming is: A. A franchise.

Learn more about franchise here: brainly.com/question/3687222

#SPJ1

3 0
3 years ago
In an oligopoly, the total output produced in the market is
N76 [4]

Answer:

Letter c is correct. <em><u>Higher than the total output that would be produced if the market were a monopoly but lower than the total output that would be produced if the market were perfectly competitive.</u></em>

Explanation:

An oligopoly is a market situation that occurs when there are a small number of companies that dominate the supply of a particular product or service in a sector of the economy. It can occur naturally or structurally, and the purpose of this market configuration is to have greater competition and price control, so that there is greater profitability.

This scenario is characterized by imperfect competition, which is similar to the monopoly market, but in oligopoly production is higher than in monopoly, because there is more than one supplier of the same product. And production in an oligopoly is lower than in a perfectly competitive scenario where there are many suppliers and none have the ability to affect market price.

3 0
3 years ago
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