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oksian1 [2.3K]
3 years ago
6

NAME THAT FUNCTION! Directions: In the blank, write the marketing function that is illustrated by each statement. An article in

a newspaper explains that a new business is about to open. A business analyzes what competitors are charging for products. A consumer answers survey questions after tasting a new food product. A manufacturer determines which retailers will offer its products. A quick-serve restaurant adds pancakes to its breakfast menu. A company creates its marketing budget for the next fiscal year. A department store marks up cookware by 20 percent over cost. A retailer offers customers the products they want. A business decides to use billboards rather than radio commercials. A company decides to distribute its products directly to the ultimate consumer. An electronics store predicts how many televisions it will sell. A sporting goods store decides to carry a line of tennis racquets. Businesses research what type of products the competition is offering. A bookstore connects with customers using an online catalog and ordering system. A manufacturer analyzes different market segments.
Business
1 answer:
iVinArrow [24]3 years ago
3 0

Answer:

An article in a newspaper explains that a new business is about to open: Promotion

A business analyzes what competitors are charging for products: Marketing Information Management

A consumer answers survey questions after tasting a new food product: Marketing Information Management

A manufacturer determines which retailers will offer its products:Product/Service Management

A quick-serve restaurant adds pancakes to its breakfast menu: Product/Service Management

A company creates its marketing budget for the next fiscal year.

A department store marks up cookware by 20 percent over cost: Pricing

A retailer offers customers the products they want:

A business decides to use billboards rather than radio commercials: Promotion

A company decides to distribute its products directly to the ultimate consumer: Distribution

An electronics store predicts how many televisions it will sell: Sale prediction

A sporting goods store decides to carry a line of tennis racquets: Expansion

Businesses research what type of products the competition is offering: Market Research

A bookstore connects with customers using an online catalog and ordering system: Customer Care

A manufacturer analyzes different market segments: Market Research

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Answer:

Social responsibility

Explanation:

Social responsibility is an obligation of a business firm to act in ways that are good to the society. A business firm must act in a way that will benefit the society.

It suggest that a business firm must be concerned about the welfare of the people in the community.

It is ethical of a business to consider the welfare of the people before taking any action in the society. This implies that, a business firm shouldn't only consider making profit or expanding their business but should take into consideration the wellbeing of the people around them.

Social responsibility is not only performed by a business firm but also the duty of every individual that is capable of impacting the environment.

Every individual and business firm should impact the environment in a positive way and Improve on the wellbeing of people dwelling in the environment.

4 0
4 years ago
2.5 million devide to 9 person are?
Elza [17]

277777.777778 is the answer

4 0
3 years ago
Item5 1.25 points eBookPrintReferencesCheck my workCheck My Work button is now enabledItem 5 Exercise 2-12 Computing Predetermin
Law Incorporation [45]

Answer:

Follows are the solution to the given points:

Explanation:

 In point 1:

The pre-determined overhead rate value:

= (\frac{654,000}{155,000})+4.40 \\\\= 4.21+4.40\\\\= \$ 8.61 / MH

In point 2:

Calculating the total manufacturing cost:

\text{Direct material} \to 390\\\\\text{Direct labor}  \to  230\\\\\text{Manufacturing overhead} (36 \times 8.61)  \to 309.96\\\\\text{Total manufacturing cost}\to 929.96

In point 3:

The unit product cost:

= \frac{929.96}{60}\\\\ = \$15.49 / unit

In point 4:

Calculating the selling price per unit:

= \$15.49+(\$15.49 \times  130\%)\\\\ =\$15.49 + 20.137 \\\\ = \$35.627 \approx \$36 / unit

3 0
3 years ago
Which of the following is not a reason for merger and acquisition failures? a) The acquired company assets are poorly integrated
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Answer: The  acquisition leads to value creation

     

Explanation: In simple words, value creating refers to the process under which the company enhances its working image in the eyes of various stake holders.

It is one of the primary objectives of any organisation. Creating value in the eyes of customers help to sell the products in market while value creation for stakeholders increases the stock price and helps in generation of capital.

Hence it is not a failure of mergers and acquisition.

3 0
3 years ago
Hammoudi Company uses the weighted-average method in its process costing system. The first processing department, the Welding De
8_murik_8 [283]

Answer:

b. $4.147

Explanation:

<em>The First Step is to Determine the Total Equivalent Units of Production for Conversion Costs.</em>

Units Completed and Transferred (45,000 × 100%) = 45,000

Units of Closing Work In Process (24,000 × 70% )   = 16,800

Total Equivalent Units of Production                         = 61,800

<em>The Next Step is to Determine the Total Cost for Conversion during the Period.</em>

Costs in Opening Work In Process   =     $61,920

Cost Added During the Year             =   $194,340

Total Cost for Conversion                  =  $256,260

<em>Lastly, we Determine the cost per equivalent unit of Conversion Costs.</em>

Cost per equivalent unit = Total Cost / Total Equivalent Units

                                        = $256,260 / 61,800

                                        = $4.146601942

                                        = $4.147 (three decimal places.)

Conclusion :

Therefore, the cost per equivalent unit for conversion costs for the month is  $4.147.

7 0
3 years ago
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