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SSSSS [86.1K]
2 years ago
15

What is a specialty good?

Business
1 answer:
Anuta_ua [19.1K]2 years ago
5 0

Answer:

 The specialty goods are one of the type of consumer products an it basically categorized under the category of shopping and the convenience goods.

The specialty products are basically purchased by the consumers or users because of its unique characteristics and high efficient brands. Exotic perfumes, designer clothe and famous printing cloths are some examples of the specialty products.

The main objective of the specialty goods is that the customers group are wiling for purchasing the specific products due to its unique features or high brand and also make special efforts for purchasing the specific products and the services.

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Database Systems is considering expansion into a new product line. Assets to support expansion will cost $750,000. It is estimat
Delvig [45]

Answer:

The net income is $150,500 and the return on assets is 20.06 %

Explanation:

The formula for computing net income and return on assets is shown below and the computation is also made.

Net income =  Sales revenue × Profit margin

                   = $2,150,000 × 7%

                   = $150,500

Return on assets = Net income ÷ total assets

                            = $150,500 ÷ $750,000

                            = 0.2006

                            = 20.06 %

Thus, the net income is $150,500 and the return on assets is 20.06 %

4 0
3 years ago
Tom elects the Life Income with 10-year Period Certain settlement option. Tom dies in year 6. The beneficiary receives payments
Sonbull [250]

Answer:

B. 4 years

Explanation:

As per the certain life income period, the guaranteed payments for the recipient lifetime or the specified time duration whichever is more.

Now if the recipient dies before the certain period ended, so the payments would be continued to the other beneficiary unless there is an end for the certain period

So, in the given situation, the payments would be received for

= 10 years - 6 years

= 4 years

Hence, the correct option is B. 4 years

6 0
3 years ago
It is important to strengthen the presentation through the use of charts, catalogs, brochures, pictures, ads, illustrations, map
aliina [53]

Answer:

Presentations are a vital source of marketing a product. The sales team can impact a client by its presentation skills. The presentation is impacting if it contains graphs, charts and pictures. This enables the client easy comparison among other products.  

Explanation:

The presentations helps the sales team to market their product easily. The brochures, pictures, catalogs and graphs are used for easy illustrations. They help the managers and clients to easily understand the product features and its performance over years with comparison of other products.

7 0
3 years ago
A(n) _____________ is a company that has a proven business model and is willing to sell the rights to use the business model to
Molodets [167]

Answer:

Franchisor

Explanation:

To expand a particular business, it is necessary to take some steps. One of the ways in which a business can be expanded is through franchise.

Franchising is the term here and it is a popular marketing concept. For example there are lots of McDonald’s Franchise across the country. One of the ways which contributed to the present day success of McDonald is through this scheme.

The company that franchises is known as the Franchisor. They usually have a proven business model and can approach businesses who are keen on expansion. They then get the right to sell these products within the same territory using the Business name within the legal framework

7 0
3 years ago
For the following problem(s), consider these debt strategies being considered by a corporate borrower. Each is intended to provi
natita [175]

Answer:

From the strategies provided, the correct debt strategies that will help a corporate borrower eliminate credit risk are strategy 1 and strategy 2, which are; Strategy #1: Borrow $1,000,000 for three years at a fixed rate of interest of 7%. and Strategy #2: Borrow $1,000,000 for three years at a floating rate of LIBOR + 2%, to be reset annually. The current LIBOR rate is 3.50%.

5 0
3 years ago
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