Answer: Income segmentation
Explanation: In simple words, it refers to a strategy in which the organisation divides its customers on the basis of their monthly or annual income. This is usually followed by organisations that produce high price products.
In the given case, Gliropn holidays is targeting the individuals having income more than $100,000 for their product.
Hence we can conclude that they are doing income segmentation of the market.
Answer:
Accounts receivable more than 60 days = $39,500
% of accounts receivable = 11.07%
Explanation:
The following table shows the aging schedule-
Customer Amount Owed ($) Age (days)
ABC $47,150 32
DEF 37,500 7
GHI 18,900 14
KLM 72,000 28
NOP 41,450 43
QRS 16,000 11
TUV 84,300 58
WXY 39,500 75
We have to develop a schedule with a 15 days incremental through 60 days. And we show which customers are falling in that category -
0-15 (DEF + GHI + QRS) = $(37,500 + 18,900 + 16,000) = $72,400
16-30 (KLM) = $72,000
31-45 (ABC + NOP) = $(47,150 + 41,450) = $88,600
46-60 (TUV) = $84,300
Over 60 (WXY) = $39,500
Accounts receivable more than 60 days = $39,500
Percentage of Accounts receivable =
= 11.07%
Answer:
c. cost ledger
Explanation:
Cost ledger is an accounting document that maintains costs records relating to various nominal or real accounts. Real accounts contain records of assets and property of a business. They include cash, furniture, building, plant and machinery. Nominal accounts are concerned with profits, loss, and expenses.
A cost ledger classifies accumulated costs in different ways. The cost ledger is the principal ledger in cost accounting. It contains all sub accounts and is similar to the general ledger in financial accounts. Each job, process, product, cost center, or project is recorded in a separate account.
Answer:
Correct Answer:
d) The company's strategic intent, the type of competitive strategy it is employing, the company's code of ethics, and the company's approach to compensating and rewarding employees
Explanation:
This is not something to look to in order to identify features of a company's corporate culture.<em> This is because, their competitive strategies it employs in business could vary from their culture due to the nature of the business they are engaged in.</em>
Answer:
b. marketing strategy
Explanation:
Marketing strategy is a mix of all factors which affect the 4 Ps which are Product (Design and Packaging) , Price (Pricing Policy / Techniques), Place (Distribution) and Promotion (all awareness activities).