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Leviafan [203]
3 years ago
11

Because of its size and relative power, Walmart can easily impose controls on small manufacturers, such as Brown Betty Dessert B

outique, but with large, powerful suppliers such as P&G, the control is more balanced between parties. Walmart’s various marketing channel relationships offer examples of different forms of a(n) ________ marketing system.
Business
1 answer:
VLD [36.1K]3 years ago
4 0

Walmart’s various marketing channel relationships offer examples of different forms of a vertical marketing system.

<u>Explanation: </u>

In vertical marketing system, the manufacturer, the wholesale distributor and the retail distributor work together to promote and manage huge base of customers. There are three distinguished forms in vertical marketing system namely,

  • Corporate- where one member among the distribution channels holds the ownership.
  • Administered- where one member among the distribution channels, without any ownership stake hold and coordinates the other members
  • Contractual- where independent companies club together for mutual benefit on a contract basis.

Here, the Walmart company imposes control on small producers namely Brown Betty Dessert Boutique for their mutual benefits. The Walmart has the advantage of handling the key holds from the production of the product to the selling of the product. This helps in anticipating the problems priory, making necessary changes and thereby increasing the efficiency.

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7. Liqin fixes up old cars and sells them to supplement his retirement income. Liqin came across a beat-up 1955 Corvette that sh
ruslelena [56]

Answer:

a. 8%

Explanation:

Expected Return = [(Return*Probability)+(Return*Probability)+(Return*Probability) * 100%]

Expected Return = [{(15%*0.2)+(10%*0.2)+(5%*0.6)} * 100]%

Expected Return = [{(0.15*0.2)+(0.1*0.2)+(0.05*0.6)} * 100]%

Expected Return = [{0.03+0.02+0.03} * 100]%

Expected Return = [{0.08 * 100}]%

Expected Return = 8%

So, Liqin's expected return for fixing up and selling the Corvette is 8%.

7 0
3 years ago
Exercise 8-9 Colaw Stores accepts both its own and national credit cards. During the year, the following selected summary transa
Mandarinka [93]

Answer:

The Journal entries with their narration is given below:-

Explanation:

The Journal entry is shown below:-

1. Account receivables  Dr,    $22,200

        To Sales                                      $22,200

(Being sales is recorded)

2. Cash  Dr,                              $6,048

Service charge expense Dr,   $252

($6,300 × 4%)

        To Sales                                 $6,300

(Being credit card sales is recorded)

3. Cash Dr,                          $11,600

        To accounts receivable       $11,600

(Being cash is recorded)

4. Accounts receivable Dr,  $364

($22,000 - $11,600) × 3.5%

         To Interest revenue           $364

(Being finance charges is recorded)

5 0
2 years ago
Comfort chair company manufacturers a standard recliner. During February, the firm's Assembly Department started production of 7
bonufazy [111]

Answer:

1) total equivalent units:

materials = 73,000

conversion = 81,500

2) costs assigned to ending WIP:

materials = $23,013.70

conversion = $27,288.32

Explanation:

beginning WIP 78,000 + 10,000 - 73,000 = 15,000

materials = 100% (0 added during the period)

conversion = 30% (70% added during the period, 10,500 EU)

units started 73,000

units finished 78,000

units started and finished = 63,000

ending WIP 10,000

materials = 100%

conversion = 80%, 8,000 EU

Beginning WIP

Materials $24,000

Conversion $35,000

Costs added during the period:

Materials $168,000

Conversion $278,000

total equivalent units:

materials = 73,000

conversion = 10,500 + 63,000 + 8,000 = 81,500

cost per EU:

Materials = $168,000  / 73,000 = $2.30137

Conversion = $278,000 / 81,500 = $3.41104

costs assigned to ending WIP:

materials = 10,000 x $2.30137 = $23,013.70

conversion = 8,000 x $3.41104 = $27,288.32

5 0
3 years ago
If a company's cost of capital increases unexpectedly, which of the following actions will help it maintain or increase its stoc
Kitty [74]

Answer:

III) Increase its gross margin

Explanation:

If the company increases its gross margin, it will have a direct impact on the company's net profit. The higher a company's net profit, the higher its value = higher stock price.

The only option that increases the value of the company is to increase its net profit, since:

  • an increase in inventory will result in a lower stock price
  • a decrease in the asset turnover ratio will result in a lower stock price
  • the issuing of stock dividends will only increase the price of stock in the short run, later the price will adjust down since the company's book value will lower
4 0
3 years ago
Your company produces mass spectrometers for sale to colleges and universities throughout the United States. On February 12, the
Jobisdone [24]

Answer:

As the Company has received a Cheque of $10,000,000 for payment in full. The Company though have not started the production it can consider such amount and cancel the contract and being a misc Income in its profit and loss account.

Though the product is being sold to an university and such organisation work on No profit no loss situation hence it can consider manufacturing 10 units and selling such units to the university at least the university also does not incur a loss of such a huge amount.

7 0
2 years ago
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