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3 years ago

16.

Business

1 answer:

Oxana [17]3 years ago

3 0

<u>Answer: </u>Information search

<u>Explanation:</u>

There are five stages in consumer decision making process they are need recognition, information search, evaluation of alternatives, purchase and post purchase behavior. In the second stage the consumer looks for internal and external information through search.

Through information search the consumer gets a clarity on the options that is available and how the products will satisfy their needs. Internal search is consumer's memory which is triggered on seeing the product. External sources are collected from public resources such as people, internet, books etc.

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In this scenario, Creswell Farms is in the idea generation stage of the new product development process.

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Veseljchak [2.6K]

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The correct answer is the option A: social marketing.

Explanation:

To begin with, the concept called <em>''social marketing''</em>, in the world of business, refers to the process of implementing the marketing mix strategies to the organization with the purpose of focusing and caring about the good of the community as a whole. Moreover, it also benefits the company due to the fact that it shows a great corporate social responsibility. Furthermore, it aims to influence behaviors that benefit individuals and societies for the greater social good.

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Star Jewelry sells 500 units resulting in $75,000 of sales revenue, $28,000 of variable costs, and $18,000 of fixed costs. The n

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The <u>number of units</u> that must be sold to achieve $40,000 of operating income is 617 units.

<h3>What is break-even analysis?</h3>

Break-even analysis is an accounting concept that can be used to determine the <u>number of units</u> that must be sold to achieve $40,000 of operating income. This can be computed by using the concept of break-even analysis as follows:

<h3>Data and Calculations:</h3>

Sales units = 500 units

Sales revenue = $75,000

Selling price per unit = $150 ($75,000/500)

Variable costs = $28,000

Variable cost per unit = $56 ($28,000/500)

Contribution margin per unit = $94 ($150 - $56)

Fixed costs = $18,000

Target operating income = $40,000

Break-even point in units to achieve target profit = 617 units ($18,000 + $40,000)/$94

Thus, the <u>number of units</u> that must be sold to achieve $40,000 of operating income is 617 units.

Learn more about break-even analysis at brainly.com/question/21137380

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3 years ago