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Alexus [3.1K]
3 years ago
6

Shortly after World War II, John Jackson developed an idea for a machine lubricant that was superior to anything currently on th

e market. He persuaded friends to help him begin producing it for sale. While demand kept up with production at first, he soon found that he had to hire a sales force to sell excess product to manufacturing companies in the area. He decided this was primarily because of several strong competitors that had recently come into the industry. This is an example of marketing behavior that would occur during the ________ era of U.S. business history.
Business
1 answer:
slavikrds [6]3 years ago
6 0

This is an example of marketing behavior that would occur during the Sales era of U.S. business history.

Explanation:

Over the years, the principle of marketing has changed and constantly changes. Commercialisation has ostensibly developed through both classical and modern stages.

The era of rivalry was the era of sales. Companies can not market their mass produced goods easily anymore. The selling of products to consumers was becoming increasingly difficult for businesses. In this age, we see the marketing phenomenon as it emerges today. Companies had to encouraging and educating customers to sell products vigorously.

In these days, marketing is viewed in the United States, including the manufacturing period, the distribution age, the selling age and promotion, and is also a large functional field of the business.

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In which of the following situations would the minimum efficient scale of operation provide little or no guidance regarding how
son4ous [18]

Answer:

When the LARC (Long Run Average Cost) curve slopes downward over the relevant or material range of the output

Explanation:

LRAC stands for Long Run Average Cost, is that curve which represents the average cost, in the long period for producing a given or stated quantity of the output.

So, the one situation which will minimize the efficient scale of operation provide no guidance is when the LARC curve is downward sloping over the material range of the output. It states that the market should be served by a single firm in order to minimize the aggregate cost of the production.

5 0
3 years ago
A process called? _________________ is where members of the distribution channel act as if they were assembly stations in the fa
FrozenT [24]
Channel Assembly or maybe Assembly Line

I hope that helped! 
8 0
3 years ago
In producing product AA, 6,300 pounds of direct materials were used at a cost of $1.10 per pound. The standard was 6,000 pounds
abruzzese [7]

Answer:

300 A

Explanation:

(SQ - AQ) SP

(6000 - 6300)1

300 A

It means that actual quantity produced is worse than expected quantity.

5 0
3 years ago
Required information Use the following information for the Exercises below. Skip to question [The following information applies
Lyrx [107]

Answer:

Follows are the solution to this question:

Explanation:

In point A:

The estimated amount of uncollectible allowance =\$ \  635,000 \times 4 \% = \$ \ 2,540,000

In point B                                    Journal

Titles and descriptions of accounts         Debit          Credit         Calculation    

Expenditure on bad debts                \$ \ 2,526,700

Doubted debt allowance                          \$ \ 2,526,700 \  \   (\$ \ 2,540,000 - \$ \ 13,300)

(Bad Debts Expense recorded)  

In point C                                         Journal

Titles and descriptions of accounts         Debit          Credit         Calculation    

Expenditure on bad debts               \$ \ 2,553, 300

Doubted debt allowance                        \$ \ 2,553, 300     \ \ \ \ (\$ \ 2,540,000 + \$ \ 13,300)    

(Bad Debts Expense recorded)  

5 0
3 years ago
Puffy's Pastries generates five cents of net income for every $1 in equity. Thus, Puffy's has _______ of 5 percent.
kap26 [50]

Answer: return on equity

Explanation:

The return on equity is simply a measure of how profitable a business will be when it's being compared to its equity. Return on equity is the net income divided by the equity. It can also be gotten when liabilities is deducted from assets.

In the above analysis, return on equity equals 5% because 100 cents make 1 dollar. Therefore, 5/100 × 100 gives 5%.

5 0
3 years ago
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