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3 years ago

Who said "only by promoting manufacturing and commerce can our economy grow and prosper"?

1 answer:

8 0

This was said by Alexander Hamilton in the 1790s in a debate with Thomas Jefferson during the debate of Jefferson vs. Hamilton when Hamilton proposed the National Bank yet Thomas Jefferson was strongly against it.

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What are the three most critical components that a marketer needs to examine to segment a market effectively?

Georgia [21]

1. Identifiability (and measurability)
2. Accessibility
3. Responsiveness

1. Identifiability
- the target market must be identifiable to determine which of the
consumers belong to the segment. The target market must be well-
defined and measurable, particularly in terms of population, income, and
age bracket.

2. Accessibility
- this refers to the ease of reaching the identified market segment in terms
of geography and economy with appropriate market strategies.

3. Responsiveness
- the target market should be evaluated if they will respond (i.e. purchase)
the products and services created for them. There is little point in
identifying a market, creating a product, and developing marketing
strategies if the consumers themselves see little value in what is being
offered to them. Thus, the products and services must meed the
consumers' or organizations' needs.

4 0

3 years ago

Natasha’s persuasive speech contained the following statement: When schools switch to a year-round schedule, students won’t have

xxTIMURxx [149]

Answer:

Option B is correct one.

Practicality

Explanation:

Natasha addressed practicality in her persuasive speech on question of policy. Because she is talking about on-ground realities.

8 0

3 years ago

Which of the following is not an example of a significant noncash transaction? Conversion of bonds into common stock. Sale of pl

Lostsunrise [7]

Answer:

Sale of plant assets. If the company sales an equipment it will receive cash for it. We are not given with any information of this transaction not being in cash, so we should assume it was a sale in cash or cash equivalent.

Explanation:

Conversion of bonds into common stock. The bonds, which are outstanding and represent a promise to pay, are converted into common stock, this transaction doesn't involve cash.

Issuance of common stock to purchase land. The land is acquire in exchange of common stock, the company is not using cash. the owner of the land can later sold the stock to a third party but it won't affect the cash flow of the company.

Issuance of debt to purchase equipment Like singing a note to purchase a machine, no cash is involve.

3 0

3 years ago

Beckner Inc. is a job-order manufacturer. The company uses a predetermined overhead rate based on direct labor hours to apply ov

Alex73 [517]

Answer:

Under/over allocation= $6,850 overallocated

Explanation:

Giving the following information:

The company uses a predetermined overhead rate based on direct labor hours to apply overhead to individual jobs. For the current year, estimated direct labor hours are 153,000 and estimated factory overhead is $1,208,700.

The following information is for September:

Direct labor hours: Job X 9,000 Job Y 7,500

Labor costs incurred: Direct labor ($8.00 per hour) $ 132,000

Manufacturing overhead costs:

Indirect labor 56,000

Factory supervisory salaries 13,100

Rental costs:

Factory $ 11,300

Total equipment depreciation costs:

Factory $ 12,400

Indirect materials used $ 30,700

Total= 123,500

First, we need to determine the manufacturing overhead rate:

manufacturing overhead rate= total estimated manufacturing overhead/ total amount of allocation base

manufacturing overhead rate= 1208700/ 153000= $7.9 per direct labor hour

Allocated overhead= manufacturing overhead rate* actual allocation base= 7.9* 16500 hours= $130,350

Under/over allocation= real overhead - allocated overhead

Under/over allocation= 123500 - 130350= 6850 overallocated

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3 years ago

Which of the following statements is false? Multiple Choice The short run refers to a period of less than one year. In the long

Jet001 [13]

Answer:

The short run refers to a period of less than one year.

Explanation:

The statements is false that the short run refers to a period of less than one year.

The short run, long run and very long run are different time periods in economics.

Short run – where one factor of production (e.g. capital) is fixed.

long run – Where all factors of production are variable,

Unlike in accounting where operating period refer to a period of one year, there is no hard and fast definition as to what is classified as "long" or "short" and mostly relies on the economic perspective being taken.

7 0

3 years ago