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snow_tiger [21]
3 years ago
6

People who live in urban areas are part of the target market for take-out via bicycle. This suggests that delivery services woul

d most likely segment the market based on which consumer segmentation basis?
a) behavioral
b) demographic
c) socioeconomic
d) psychographic
e) geographic
Business
1 answer:
kotykmax [81]3 years ago
7 0

Answer:

E) geographic

Explanation:

Geographic segmentation refers to dividing your potential markets into geographical areas, e.g. neighborhoods, cities, counties, states, regions or even countries. You will offer different services and products to the people living in different geographical areas or segments.

In this case, people who live within the city can get their goods delivered via bicycle.

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Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow: Percentage of Unit sales Contr
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Answer:

A. $36.55

B. 5116 units

C. 7114 units

Explanation:

Requirement 1: Weighted average contribution margin per unit

Lens A = $38 x 25% = $9.5

Lens B = $30 x 40% = $12

Lens C = $43 x 35% = $15.05

Total Contribution margin per unit = $36.55

Requirement 2: Breakeven if fixed cost is $187,000

Break even point (units) = Fixed cost / Contribution per unit

Break even point (units) = 187,000/36.55

Break even point (units) = 5116 units

Lens A = 5116 x 25% =  1279 units

Lens B = 5116 x 40% = 2046 units

Lens C = 5116 x 35% = 1791 units

Requirement 3: How many units to be sold to generate $73,000 profit

Required units = Fixed cost - required profit / contribution per unit

Required units = ($187,000-$73,000)/$36.55

Required units = 7114 units

Lens A = 7114 x 25% =  1779 units

Lens B = 7114 x 40% = 2846 units

Lens C = 7114 x 35% = 2489 units

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3 years ago
Creating product assortments from several sources to serve customers would be an example of a __________ function.
noname [10]
An example of a logistical function
8 0
4 years ago
Supporters of free trade argue that it creates which economic benefit?
Zepler [3.9K]

Answer:

C. Increasing efficiency by allowing for greater specialization

Explanation:

A free economy is one where the forces of demand and supply determine production and consumption. The government or the central authority does not interfere with economic activities in a free economy.

In a free economy, the factors of production are held by the private sector. There is increased business competition as entrepreneurs have the freedom to open a business of their choice. Buyers have the liberty to buy from their preferred suppliers.  Businesses are profit-motivated, which forces entrepreneurs to be creative and innovative to win customers and make more sales. They have to specialize and increase their efficiency to be more competitive.  

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3 years ago
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You visit a tropical island that has only four goods in its economy—oranges, pineapples, coconuts, and bananas. there is no mone
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4 years ago
A company issued common stock and preferred stock. Projected growth rate of the common stock is 5%. The current quarterly divide
mr_godi [17]

Answer:

8%

Explanation:

If the current quarterly dividend on preferred stock = $1.60, that means that the current yearly dividend = $1.60 x 4 quarters = $6.40

Since the yearly dividend = $6.40 and the current market price of preferred stock is $80, its expected rate of return = $6.40 / $80 = 8%

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