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Jet001 [13]
3 years ago
10

Social media allow marketers to build or tap into online communities, inviting participation from consumers and creating a long-

term marketing asset in the process. Tru eor False
Business
1 answer:
hichkok12 [17]3 years ago
6 0

Answer:

True.

Explanation:

Digital marketing is growing substantially worldwide, as the internet has revolutionized the way people communicate and shop.

Social networks are social interaction platforms where there are several possibilities for business exploration for marketers. Through social networks it is possible to capture new customers, collect important market data and information, build relationships with consumers and build online communities where it is possible to create long-term marketing assets that will generate positive returns for a company.

There are several paths in digital marketing, it is necessary for marketers to choose those most aligned with the company's business and thus outline essential marketing strategies for attracting and retaining customers who interact on social networks and from there develop a marketing asset for generating revenue and profits.

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Henry Inc., a manufacturing firm, is able to produce 1,000 pairs of sneakers per hour, at maximum efficiency. There are three ei
Leokris [45]

Answer:

515,000

Explanation:

The Master-budget capacity utilization is the expected level of capacity which a current budget needs. The term utilization means the amount of capacity needed to meet customer demand.

In the future, Henry Inc estmates that customer demand is unlikely affected and will be around 515,000 pairs for their current budget. Therefore the master-budget capacity utilization level for this budget period is 515,000 pairs.

5 0
4 years ago
Ritchie Manufacturing Company makes a product that it sells for $150 per unit. The company incurs variable manufacturing costs o
Gnesinka [82]

Answer:

<u>Using equation method we have,</u>

Sales - variable cost = Fixed Cost

Let number of units be X, at break even then,

$150 X - ($60 + $18) X = ($480,000 + $240,000)

$150 X - $78 X = $720,000

$72 X = $720,000

<u>X = $720,000/$72 = 10,000 units.</u>

<u>Using contribution income statement</u>

Contribution margin per unit approach = Selling price - Variable cost = Contribution = $150 - $60 - $18 = $72 per unit

Total fixed cost = Fixed Manufacturing cost  + Fixed Selling & Administrative

= $480,000 + $240,000 = $720,000

<u>Break Even Point = \frac{Fixed\ Cost}{Contribution\ Per\ Unit}</u>

<u>= \frac{720,000}{72} = 10,000</u>

<u></u>

<u>Contribution margin Income Statement:</u>

Sales value = $150 \times 10,000 = $1,500,000

Less: Variable Cost

Manufacturing = $60 \times 10,000 = ($600,000)

Selling Expense = $18 \times 10,000 = ($180,000)

Contribution Margin = $720,000

Less: Fixed Cost

Fixed Manufacturing Cost = ($480,000)

Fixed Selling Expense = ($240,000)

Profit = $0

8 0
4 years ago
Sea Company reports the following information regarding its production costs: Units produced 42,000 units Direct labor $35 per u
laiz [17]

Answer:

$82.5 per unit

Explanation:

Given that,

Units produced = 42,000 units

Direct labor = $35 per unit

Direct materials = $28 per unit

Variable overhead = $17 per unit

Total Fixed overhead = $105,000

Product cost per unit under absorption costing:

= Direct labor + Direct materials + variable overhead per unit + (Total fixed overhead ÷ Units produced)

= $35 + $28 + $17 + ($105,000 ÷ 42,000)

= $35 + $28 + $17 + $2.5

= $82.5 per unit

8 0
3 years ago
Which of the following best approximates a pure monopoly? rev: 05_15_2018 Multiple Choice
goldfiish [28.3K]

Answer:

3) The only bank in a small town

Explanation:

By definition a monopoly occurs when there is only one supplier in the market for a specific good or service. In this case, if there is only one bank that works in a small town, then that bank has a monopoly of all the town's residents that require banking services. If any resident doesn't like that specific bank, they need to go to another town in search for banking services.

5 0
3 years ago
Top’s Hats Inc. uses a CRM system to integrate information on customers across its finance, sales, logistics and marketing depar
LuckyWell [14K]

Answer:

Data consolidation.

Explanation:

Data consolidation involves the gathering, collection and storage of data in a single place.

Data consolidation helps an organisation in the reduction of costs because the business will have no need for purchasing different hardwares such as routers and servers.

Data consolidation helps to improve the security system of the organisation by protecting it from various forms of cyberattacks.

3 0
3 years ago
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