Answer:
specialty product
Explanation:
For a cheese-lover, this product would be considered a specialty product. This is because they will actively seek out this product specifically because they love the ingredient/flavor of the product. For someone that loves cheese, products that are cheese flavored or contain cheese will be prioritized above all of the other products that do not contain cheese. This ultimately classifies the product as a specialty product because it is being sought after, even with other options around.
Answer: executives for whom time is very essential and important
Explanation:
From the question, we are told that the Terrafugia Transition is a 19-foot, two-seater road-drivable, light-sport aircraft with an anticipated price of $279,000.
The most likely prospective customers for this flying car would be the executives as the price could only be afforded by the rich or those at the helm of affairs in their companies.
The flying car is noted for its speed therefore the executives will consider time as a very important factor when purchasing it.
Answer: Option E
Explanation: In simple words, it refers to the situation in which two rival companies in an industry cut their prices with the objective of cutting the others customers and gaining a higher market share.
Generally it is performed for short term so that other firm could be demolished from the market but a company having strong reserves can perform it for a long term as well.
It is more evident in industries where the products of two companies are close substitutes of each other and there are few firs in the industry.
Answer:
Smith is guilty of Bribery and corruption While slick is guilty of breaking health code and trying to bribe a public officer.
Explanation:
Bribery has occurred because Smith's judgment has been paid for/influenced through the $5000 he has received from Slick. Money he plans to use on a boat. Smith has solicitated a bribe and is guilty of bribery. Since he sought for the bribe, he has committed a crime of bribery solicitation. After receiving the money, he committed the crime of accepting a bribe. When additional sums of money were requested, Smith further committed the crime of extortion and blackmail. He has been shown to be greedy.
Slick is guilty of trying to bribe a public official to escape the payment of fines and also guilty of violating health codes.
Answer:
$64,000
Explanation:
The calculation of the cash disbursements for selling and administrative expenses on the December selling and administrative expense budget is given below;
= Variable Selling & Administrative Expenses + Fixed Seliing & Administrative Expenses - Depreciation
= 3,200 units × $3.10 + $60,800 - $6,720
= $64,000