1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Otrada [13]
3 years ago
14

Anne-Marie Cole runs the sales division for a local auto insurance firm. One of her key duties is to calculate her company's mar

ket share. When evaluating the prior year's numbers, she found that her firm achieved total sales of $3 million and the entire industry had $30 million in sales. What is Anne-Marie's current market share?
Business
1 answer:
lisabon 2012 [21]3 years ago
3 0

Answer:

The company market share is 10%.

Explanation:

This result comes from identifying what represents $3 million (company sales) within the total industry market. If $30 million is the total size of the market, and by definition, the market share is a piece of cake that the company is responsible in the total cake (market), then the market share in this case would be 3/30, 3 pieces out of 30, which it means 1/10 or 10%

You might be interested in
1. If the current allocation of resources in a market for a certain good is efficient, then it must be the case that
sweet-ann [11.9K]

Answer:

D

Explanation:

6 0
2 years ago
Merchandise inventory is found on the balance sheet as a a. current asset. b. long-term asset. c. long-term liability. d. curren
scoray [572]

Answer:

a. current asset

Explanation:

The merchandise inventory are the goods the business sales as their main operation. They are expected to be ready to sale therefore, ready to be converted to cash within the period, therefore will be current assets.

Unless the company do an specific mention and a certain amount of goods that will expected to be sold in a period of time greater than a year, all merchandise inventory will be current. These specific units will be considered non-current as their are expecteed to be converted to cash i na period greater than 1 year.

7 0
3 years ago
Which component of consumption has a negative or indirect relationship with consumption?
Sveta_85 [38]

Answer:

Interest rates

Explanation:

Here are the options to the question : o Interest rates o Real income Real income o Expected future income o Wealth

Disposable income is either saved or consumed. When interest rates fall, savings would fall as returns on investment would be lower and consumption would increase.When interest rates rise, savings would increase and consumption would fall

5 0
2 years ago
Which of the following statements is correct?
myrzilka [38]

Answer:

A

Explanation:

7 0
3 years ago
You're on a social media team for a outdoors brand called Appalachia. They've decided to revitalize their Pinterest account and
Lapatulllka [165]

Inbound marketing is the process of coordinating and facilitating potential customers to find a particular company.

An outdoor brand called Appalachia can revitalize its Pinterest account and engage its customers on the platform by streamlining content creation:

  • Inbound marketing emphasizes building enduring and dependable relationships with your customers and attracting newer customers in an organic way.
  • Inbound marketing works according to three principles: attract, engage, and delight.
  • The company and its social media team would not only involve themselves in revitalizing their Pinterest account by making it more appealing and attractive to potential customers.
  • It should be equally invested in engaging with the customers through the process of content creation.
  • This could mean presenting insights into ways in which the customer chooses to buy from the company and prioritizes the particular company over other options.
  • Product promotions are one way in which, using multimedia channels coupled with regular posting on the platform, customers can be attracted and engaged with.
  • Content creation tools like trends, hashtags, social media marketing, and streamlined posts can be utilized for this objective.

Therefore, inbound marketing can greatly benefit from a streamlined content creation process that attracts and engages a sustained customer base of a company.

Learn more about content creation here: brainly.com/question/26476622

#SPJ4

3 0
1 year ago
Other questions:
  • Diego is in the Strange Situation with his caregiver; he explores the room and examines the toys that have been placed in it. He
    7·1 answer
  • Michael will attend college in 5 years. He anticipates he will need $19,000 to pay for the first year. He currently has $6,400 i
    6·2 answers
  • Commanders at most operational-level headquarters have observed that ccirs are developed to support three major activities. one
    14·1 answer
  • On October 1, 20X4, Shaw Corp. purchased a machine for $126,000 that was placed in service on November 30, 20X4. Shaw incurred a
    12·1 answer
  • When purchasing a new computer, first determine the brand you want. True or False
    11·2 answers
  • What are the disadvantages of a mixed economy?
    12·2 answers
  • A newspaper report states the following: "On March 2, Bastiaan Vanacker was arrested for indecent exposure"; However, what reall
    9·1 answer
  • Adkins Bakery uses the modified half-month convention to calculate depreciation expense in the year an asset is purchased or sol
    13·1 answer
  • Kathleen is considering expanding her dress shop. if interest rates rise she is:
    9·1 answer
  • ou read in a newspaper that the nominal interest rate is 12 percent per year in canada and 8 percent per year in the u.s. suppos
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!