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
ratelena [41]
3 years ago
5

Jeep launched the new Jeep Liberty several years ago. The Liberty is intended to compete with other moderately-sized SUVs. The m

arketing department at Jeep wants to determine the Liberty's market share and classification. The market growth rate for moderately-sized SUVs is two percent. Use the following information to determine the Jeep Liberty's relative market share and BCG matrix classification.
Market Share
Jeep Liberty 44%
Toyota RAV-2 28%
Honda CRV 18%
Ford Escape 10%
Business
1 answer:
eduard3 years ago
7 0

Answer:

1.57

cash cow

Explanation:

When using the BCG matrix, the relative market share helps to compare how your product is doing vs the industry's leader. In this case, to measure he relative market share of the Jeep Liberty we divide it by the industry's leader, or in this case, the runner up = 44% / 28% = 1.57

Since the Jeep Liberty's relative market share is 1.57 times larger than the second most popular mid-size SUV, then we could classify it as a cash cow. A cash cow is a product offered in a mature slow growth market that has a high market share and generates large revenues and profits to a company.

You might be interested in
Alma Corp. issues 1,000 shares of $10 par value common stock at $16 per share. When the transaction is recorded, credits are mad
matrenka [14]

Answer:

The correct answer is Option is B.

Explanation:

The par value of shares is simply the stated value of shares in the company's books, as set out in the company's charter.

The full necessary journals to record the above transactions are:

Debit Cash (1,000 x $16)                                                      $16,000

Credit Common stock (1,000 x $10)                                    $10,000

Credit Paid-in capital in excess of par value - common      $6,000

<em>(To record issuance of common stock)</em>

So, the correct option is B.

4 0
4 years ago
You earn a salary of $52,000 per year and get paid biweekly. Calculate
Andru [333]

Answer:

$2,166.60

Explanation:

Divide the salary by 12 months that are in a year, then divide my 2 because bi-weekly is every 2 weeks.

6 0
3 years ago
Bob, age 17, has entered into a contract to buy a car. The contract is: a. voidable. b. void. c. voidable only if Bob can return
AysviL [449]

Answer:

The correct answer is letter "A": voidable.

Explanation:

Voidable contracts are those that cannot be enforced because one or the two parties involved are not legally eligible to go on in such an agreement. Reasons to void a contract include but are not limited to failure to disclose material facts, legal incapacity to enter a contract or inconsistent contractual terms.

Thus, <em>Bob's contract to purchase a car is voidable since he is legally incapable of signing agreements due to his age (17 years old).</em>

4 0
3 years ago
Professor Hanoi's research efforts focus on how the use of heuristics influences the way people think about and assess financial
Luda [366]

Answer:

Cognitive psychology

Explanation:

Cognitive psychology has to do with the scientific study of how the mind processes data, information, creativity and also reasoning. Examples of this processes can be seen in thinking, reasoning, making judgements, being able to recognize numbers, memory etc. From this explanation above, we can see that this professors area o specialization is cognitive psychology.

3 0
3 years ago
Which of the following statements about positive feedback mechanisms is not true? a. Positive feedback mechanisms can result fro
madam [21]
The answer is C. Positive feedback mechanisms lead to increased change

Positive feedback mechanism happen when there's a small change on a system make the certain condition even better. Example : Consumers A recommended our product to consumer B which in return will recommend our other product to consumer A

As long as it's giving a positive impact, it does not necessarily have to "increase: in change. For example , the emission of product A reduced as we reduced the emission of product B
7 0
3 years ago
Read 2 more answers
Other questions:
  • When the Federal Reserve sells government securities on the open market, what effect does this action have on the nation’s money
    5·2 answers
  • Fuji film was also able to succeed in the US due to their history of catering to a sophisticated Japanese photo market in their
    6·1 answer
  • You own a small deli that produces sandwiches, soups, and other items for customers in your town. Which of the following is a de
    14·1 answer
  • On which group will a progressive tax place a greater tax burden?
    15·2 answers
  • A 10-year maturity bond with par value of $1,000 makes semiannual coupon payments at a coupon rate of 7%. Find the bond equivale
    8·1 answer
  • Kia Motor Company is performing a key function of operations management when it​ ________ for its new line of automobiles. A. fo
    14·1 answer
  • The following is a partial trial balance for the Green Star Corporation as of December 31, 2016:Account Title Debits CreditsSale
    10·1 answer
  • Explain the importance of office for an organization long answer
    10·1 answer
  • The Audi A6 is a luxury sports sedan known for its muscular design and exceptional performance. The Audi brand evokes a sense of
    15·1 answer
  • Generally, the most important category on the statement of cash flows is cash flows from:.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!