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quester [9]
3 years ago
10

Galaxy lighting is a new company creating chandeliers specifically to be used in hotel lobbies. since its potential customers ar

e very narrowly defined, it must undertake ________ to focus its marketing efforts.
Business
1 answer:
baherus [9]3 years ago
3 0
Niche marketing - It is also known as target marketing.  Niche marketing is the process  of finding clients who may be interested in your product. In this way, niche marketing is different from other forms of marketing in that its target group is a specific, narrower sector of the market .
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For a certain item, the cost-minimizing order quantity obtained with the basic EOQ model is 200 units, and the total annual inve
lilavasa [31]

Answer:

$2 per unit per year

Explanation:

The calculation of the inventory carrying cost per unit per year is shown below:

Inventory Carrying cost per unit per year is

= Total Annual Inventory cost ÷ Economic order quantity

= $400 ÷ 200 units  

= $2 per unit per year

It is computed By dividing the total annual inventory cost from the economic order quantity, in order to get the inventory carrying cost

Therefore, the first option is correct

3 0
3 years ago
Will the fact that the euro has become the standard currency in the EU help or hinder a new McDonald's franchise in Europe?
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5 0
3 years ago
Read 2 more answers
In the AD partnership, Allen's capital is $140,000 and Daniel's is $40,000 and they share income in a 3:1 ratio, respectively. T
Mamont248 [21]

Answer:

D) 137000 39000

Explanation:

Allen  140,000

Daniel 40,000

Capital before admission 180,000

share ratio 3:1

Capital after admission:

180,000 + 40,000 = 220,000

David participation: 20%

220,000 x 20% = 44,000

David investment  40,000

goodwill: 4,000

There is a difference in goodwill which will be supported for the old partner as their current share ratio

Allen 4,000 x 3/4 = 3,000

Daniel 4,000 x 1/4 = 1,000

Capital after David admission:

140,000 - 3,000 = 137,000

40,000 - 1,000 = 39,000

6 0
3 years ago
Because of an accident Royce was involved in, his insurance company has increased his annual premium for auto insurance by 5.2%.
lapo4ka [179]

Answer:

D) $571.24

Explanation:

Royce' premiums for the  previous year were:

  • bodily injury $22.50
  • property damage $144.75
  • collision $275.75
  • comprehensive $100

The total premium of the policy was $543

Since the premiums will increase by 5.2%, the new total premium will be = $543 x 1.052 = $571.24

4 0
3 years ago
Read 2 more answers
Tomas would like to know whether his new business will be profitable, how much financing he will need, and whether he will have
Crank

Answer:

Pro forma financial statements

Explanation:

The term pro forma financial statements refers to a type of financial statement which estimates future financial results. It doesn't follow the GAAP, instead it is designed to focus on specific figures about a company's expected earnings. Although pro forma financials are only expected financial statements, it is still illegal to mislead investors using them.

By preparing a pro forma financial statement, Tomas will be able to estimate if his new business will be profitable or not, approximately how much financing he will need and estimate the future cash flows of his project.

3 0
3 years ago
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