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laila [671]
3 years ago
10

Gulf Coast, a wholesale shrimp distributor, groups its customers by regions in the United States, such as Midwest, Northeast, an

d Southwest. For each region, Gulf Coast tailors a different set of advertisements and promotions. The supplier is segmenting its market according to ________.
Business
1 answer:
liq [111]3 years ago
8 0

Answer:

Geographic location.

Explanation:

Market segmentation is a process of grouping customers in markets with some heterogeneity into smaller, more similar or homogeneous segments with similar requirements and buying characteristics.

Types of market segmentation:

-Demographic

-Psychographic

-Behavioral

-Geographic. Target customers based on a predefined geographic boundary. Differences in interests, values, and preferences vary dramatically throughout cities, states, regions and countries.

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The Benesch Company expects sales in 2018 of 205,000 units of serving trays. Benesch​'s beginning inventory for 2018 is 18,000 ​
ozzi

Answer:

214,000 trays

Explanation:

Budgeted sales in unit. 205,000

Add: targeted ending inventory 27,000

Total requirements. 232,000

Deduct: beginning inventory (18,000)

Budgeted units to be prod. 214,000

6 0
3 years ago
What term refers to the knowledge, education, training, skills, and expertise of a firm's workers?
makkiz [27]
<span>Human capital is the term that refers to the knowledge, education, training, skills, and expertise of a firm's workers.
</span>Gary Becker, an economist from the University of Chicago has popularized this term. <span> The human capital includes assets of individuals that can be used to create economic value for the individuals, their employers, or their community: </span>
7 0
3 years ago
LMN Company produces a product that sells for $1. The company has production costs of $600,000, half of which are fixed costs. A
madam [21]

Answer:

Unitary Contribution margin= $0.6

Explanation:

Giving the following information:

LMN Company produces a product that sells for $1. The company has production costs of $600,000, half of which are fixed costs. Assuming the production and sales of 750,000 units.

Variable cost= 600,000/2= $300,000

Unitary variable cost= 300,000/750,000= $0.4

Unitary Contribution margin= 1 - 0.4= $0.6

Total contribution margin= $450,000

8 0
3 years ago
________ costs refer to the sum of the fixed and variable costs for any given level of production. Target Break-even Total Value
BigorU [14]

Based on microeconomic theory, <u>Total</u> costs refer to the sum of the fixed and variable costs for any given level of production.

<h3>What makes Total Cost?</h3>

Generally, the total cost is the sum of all the price of the material utilized, the wages or salary paid in the production, and the direct expenditure.

<h3>Components of Total Cost </h3>

The components of Total Cost include the following:

  • Prime cost
  • Factory cost
  • Office cost
  • Cost of sales, etc.

Hence, in this case, it is concluded that the correct answer is "<u>Total Cost."</u>

Learn more about Total Cost here: brainly.com/question/25109150

5 0
2 years ago
The quantity of money demanded is the Group of answer choices income and volume of profits that people and businesses would like
Ksju [112]

Answer:

The amount that people and businesses choose to hold.

Explanation:

The amount that people and businesses choose to hold.

The total demand for money is the total amount of money that people wants to hold and there are three main reasons for which money is being held. First is transactions related reason, second is the precautionary reason, and third is the speculative reason. The above three reasons push the people to hold the money that becomes the total demand for money.

6 0
2 years ago
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