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alexgriva [62]
3 years ago
7

Which of the following statements is the most accurate?Consumers don't remember good advertisements.Advertising does not really

provide information to consumers; it merely persuades consumers to buy advertised products.Advertising helps pay for production costs of newspapers and magazines.Word of mouth is the most effective form of advertising.
Business
1 answer:
Alik [6]3 years ago
5 0

Answer:

The correct answer is that the Advertising helps in paying for the production cost of the magazines and the newspapers.

Explanation:

Advertising is the source through which the company or the firm promote the product or a service of their business, so that the customers could be make aware of the products and the services offered by the firms.

And one of the benefits or the advantage provided by advertising that the money from advertisers help in paying the production cost of the magazines and the newspapers.

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Leader Corporation Company uses a job-order costing system with a single plantwide pre-determined overhead rate based on machine
taurus [48]

Answer:

Selling price per unit= $196

Explanation:

<u>First, we need to calculate the predetermined overhead rate:</u>

<u></u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (400,000 / 50,000) + 6

Predetermined manufacturing overhead rate= $14 per machine hour

<u>Now, we can allocate overhead and calculate the total cost:</u>

<u></u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 14*100= $1,400

Total cost= 1,400 + 750 + 2,750

Total cost= $4,900

<u>Finally, the selling price per unit:</u>

<u></u>

Unitary cost= 4,900/40= $122.5

Selling price= 122.5*1.6

Selling price= $196

3 0
3 years ago
Ying purchased a new brand of laundry detergent. When she used the detergent for the first time, she was highly frustrated becau
Sedbober [7]

Answer: C. Low-involvement consumer

Explanation:

A low-involvement consumer could be described as someone who does not observe much risk in a product after purchase and could continue using the product due to his or her reservation on the product instead of returning to the retailer where it was gotten. Ying discovers that she can manage the detergent as long as it's able to remove stain from her cloth even though it has a bad odour. She is seen as a low-involvement consumer.

3 0
3 years ago
The better-off test for evaluating whether a particular diversification move is likely to generate added value for shareholders
Arada [10]

Answer:  Has competitively valuable value chain match-ups with the company's present businesses such that its businesses can perform better together than apart.

Explanation:

The better-off test of diversification is that the company must gain a return that is higher than incremental growth. Incremental growth is usually defined a 1 + 1 = 2 formula and this test argues that Diversification must provide more than this such that the company achieves synergistic growth ( 1 + 1 = 3) which is what happens when different entities work better together than alone.

Diversification should therefore be into an area that will be able to match-up with the company's present businesses such that its businesses can perform better together than apart and produce even greater returns.

5 0
3 years ago
One of the lessons about competing in a globally competitive marketplace that comes from "playing" The Business Strategy Game is
vaieri [72.5K]

Answer: the dynamic, changing nature of competition makes it advisable for managers to make strategy adjustments of one kind or another on an ongoing basis to improve company's competitiveness vis-a-vis rivals and boost its overall performance (D).

Explanation:

The Business Strategy Game is an important part of strategic management. It encourages encourages individuals to combine several decisions into a unified strategy which is vital for important decision making.

The Business Strategy Game consist of a global marketplace because businesses need to learn about the competitive and strategic features of foreign competition and international markets. The Business Strategy Game helps mangers make strategic adjustments thereby boosting overall competitiveness and performance.

8 0
3 years ago
The price of good X increases from $55 to $60, and quantity demanded decreases from 500 to 400. The price of good Y increases fr
nikklg [1K]

Answer:

demand curve for Good X is more elastic than the demand curve for Good Y

Demand for good X is elastic because the coefficient of elasticity is greater than 1.

Demand for good Y is inelastic because the coefficient of elasticity is less than 1.

consumers who buy Good Y are less sensitive to price changes than consumers who buy Good X

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.  

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.  

For good X,

Percentage change in price = $55 / $60 - 1 = | -0.0833| = 8.33%

Percentage change in quantity demanded = 500 / 400 - 1 = 0.25 = 25%

Elasticity of demand = 25% / 8.33% = 3

Demand for good X is elastic because the coefficient of elasticity is greater than 1.

For good Y,

Percentage change in price = $55 / $60 - 1 = | -0.0833| = 8.33%

Percentage change in quantity demanded = 500 / 475 - 1 = 0.0526 = 5.26%

Elasticity of demand = 5.26% / 8.33% = 0.63

Demand for good Y is inelastic because the coefficient of elasticity is less than 1.

consumers who buy Good Y are less sensitive to price changes than consumers who buy Good X

8 0
3 years ago
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