Answer: Geocentric orientation
Explanation:
The management orientation that accurately characterizes a company that bases its decisions primarily on market research is the geocentric orientation.
A company that uses a geocentric orientation sees the whole world as a global market. We should note that a geocentric company makes its products and develops a marketing mix that's standardized for the global market.
Answer:
A)equilibrium price
Explanation:
From the question we are informed about Perggy's Bakes, a bakery in New Orleans that exclusively sells its confectionery products online, makes its products only when it receives an order. The bakery produces the products as per the order and delivers to the customer's homes. It does not produce any excess products. In the given scenario, the price associated with the demand and supply of the products at Perggy's Bakes reflects the equilibrium price. The equilibrium price can be reffered to as only price in which both desires of consumers and that of producers agree, this can be explained as a situation where by quantity demanded is been equal to quantity supplied. The theory stressed that movement of market tends toward this price, it can also be regarded as "market-clearing price"
Answer:
Variable cost per unit= $6.5 per unit
Fixed costs= $3,750
Explanation:
Giving the following information:
Month - Number of Appointments - Total Cost
January: 375 $5,050
February: 350 $5,500
March: 200 $5,200
April: 500 $7,000
May: 400 $5,650
June: 300 $5,200
To calculate the variable and fixed costs, we need to use the following formulas:
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (7,000 - 5,050) / (500 - 200)= $6.5 per unit
Fixed costs= Highest activity cost - (Variable cost per unit * HAU)
Fixed costs= 7,000 - (6.5*500)= $3,750
Fixed costs= LAC - (Variable cost per unit* LAU)
Fixed costs= 5,050 - (6.5*200)= $3,750
Answer:
Sales Promotion Strategy
Explanation:
Sales Promotion Strategy is the strategy which is followed by the firms or the organization where the firms or the organization tries to encourage the potential buyers or the customers in order to buy or purchase a specific product or the service through offering the special discount or the incentive.
This will boost the short term sales so that could attract the new customers or repeat the purchases.
Answer:
the amount of money after 9 years is $11,994.02
Explanation:
The computation of the accumulated balance after the stated period by using the compound interest formula is shown below:
Amount = Principal × (1 + interest rate ÷ n)^{nt}
= $6,000 × (1 + 8 ÷ 1 × 100)^{1 × 9}
= $6,000 × (1.08)^9
= $11,994.02
Hence, the amount of money after 9 years is $11,994.02 which is to be find out by using the above formula