Answer: rigid customer base
Explanation: The reason behind the ongoing success of radio industry is that over 90% of individuals in the world, especially in western countries, still listens to audio in their free time once or twice in a given week, thus making it an attractive platform for different business entities to advertise their products.
Thus, because of that rigid customer base, the radio industry is still making millions.
Answer:
The Journal entry is as follows:
Bonds Payable A/c Dr. $640,000
Premium on Bonds Payable A/c Dr. $19,200
To Gain on Redemption of Bonds $25,600
To Cash $633,600
(To record the re-acquisition of the bonds)
Working notes:
Cash = $640,000 × 0.99
= $633,600
Answer:
The marginal cost will most likely increase to $2.00
Answer and Explanation:
Under the approval process, students need many types of resources from which they can get more and more knowledge in research, faculty advisors are provided to the research students to get those resources. Also with the help of the research mentor students gets additional resources. Some resources can be obtained in some special circumstances also from the IRB office.
Answer: Custom marketing
Explanation: A custom marketing strategy will most likely be employed by an industrial manufacturer that works with one or a few large clients and develops products that only these clients will use. Marketing creates, communicates, and delivers value, and it involves the management of customer relationships. A custom marketing strategy is one in which a manufacturer customizes and develops products that are unique to the needs of his customers and thus is an essential strategy for delivering a personalized customer experience to each segment of clients, thereby increasing loyalty and customer satisfaction.
