All categories

3 years ago

True or False. Marketing activities are completed by profit-making businesses but not by nonprofit businesses.

Business

1 answer:

sleet_krkn [62]3 years ago

5 0

Answer:

<u>False</u>

Explanation:

More often than not a non profit business or organisation engages in marketing activities to achieve their objectives.

The main differences between such marketing activities of for profit and non profit making business is in their objectives. <em>In most cases</em> Nonprofit businesses employ marketing activities for achieving fundraising goals or to carry out educational programs.

You might be interested in

As compared to the national average, a Texas family in the lowest 20 percent of income pays ______ of their income in taxes.

Ghella [55]

In Texas, a family in the lowest 20% of income will, in a manner different from the national average,<u> pay more</u> of their income.

<h3>Why would they pay more?</h3>

Texas operates a regressive taxation system which means that the richer you are, the less percentage tax you pay.

This means that the poorer families have to pay a higher percentage than others. This is different from much of the U.S. where the poor pay less.

In conclusion, they pay more of their income.

Find out more on regressive tax at brainly.com/question/2214317.

5 0

3 years ago

Which of the following is an economic cost of instability?

exis [7]

An economic cost of instability would be increase in unemployment - a.

Having a very volatile (instable) market can create problems which make it more unsure how people would be able to keep a job for a longer time-frame. When a market is volatile, this essentially means that a lot of changes can happen very fast - making it unstable for people and their jobs.

7 0

4 years ago

The chart gives prices and output information for the country of Utopia. Use this information to calculate real and nominal GDP

skad [1K]

Answer: Nominal GDP 2016 = $7,100

REAL GDP 2016 = $3,700

Nominal GDP 2017 = $4,500

Real GDP 2017 = $4,500

Explanation:

To calculate the Nominal and Real GDPs we use the following formulas,

Nominal GDP = Sum of (Current Year Price x Current Year Quantity)

Real GDP = Sum of (Base Year Price x Current Year Quantity)

We make the assumption that 2017 is the base year so calculating would be,

Nominal GDP, 2016 = [(7 x 600) + (70 x 20) + (300 x 5)]

= $(4200 + 1400 + 1500)

= $7,100

Remember for this we will use 2017 as the base year so we will use 2017 prices

Real GDP, 2016 = [(3 x 600) + (20 x 20) + (300 x 5)]

= $(1800 + 400 + 1500)

= $3,700

Nominal GDP, 2017 = [(3 x 400) + (20 x 90) + (300 x 5)]

= $(1200 + 1800 + 1500)

= $4,500

Now seeing as 2017 is the base year, it's nominal and real GDPs will be the same.

Real GDP, 2017 = $[(3 x 400) + (20 x 90) + (300 x 5)]

= $(1200 + 1800 + 1500)

= $4,500

I included the details part of question so it is clearer.

If you have need any clarification do react or comment.

3 0

3 years ago

The three categories of manufacturing costs comprising the cost of work in process are direct labor, direct materials, and: ____

Artist 52 [7]

Answer:

C)) factory overhead

Explanation:

Manufacturing cost can be regarded as the sum of all the costs resources that is been consumed during the process of making a product. manufacturing cost can be classified as;

✓direct materials cost

✓ manufacturing overhead.

✓direct labor cost

It can be regarded as factor in total delivery cost. Direct Material Cost can be regarded as total cost that is incurred in purchasing of raw material and cost of other components such as packaging, as well as freight and storage costs by the company

It should be noted that The three categories of manufacturing costs comprising the cost of work in process are direct labor, direct materials, and factory overhead.

3 0

3 years ago

VitaPup produces a vitamin-enhanced dog food that is sold in Kansas. The company expects sales to be 13,400 bags in January, 14,

morpeh [17]

Answer:

PRODUCTION BUDGET

JANUARY FEBRUARY MARCH

Sales 13,400 14,300 13,100

Add: Closing stock 2,145 1,965 2,255

15,545 16,265 15,355

Less: Opening stock 1,340 2,145 1,965

Production budget 14,205 14,120 13,390

Calculation of closing stock:

January 15% x 14,300 bags = 2,145 bags

February 15% x 13,100 bags = 1,965 bags

March 15% x 15,700 bags = 2,355 bags

Explanation:

Production budget = Sales + Closing stock - Opening stock

The closing stock for January is the opening stock for February and the closing stock for February is the opening stock for march.

Closing stock is 15% of next month sales. For instance, the closing stock for January is 15% of February sales, the closing stock for February is 15% of March sales and the closing stock for March is 15% of April sales.

7 0

3 years ago