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Galina-37 [17]
3 years ago
14

Margie noticed that sales of her company's newest bicycle product are much higher than anticipated. She wants to investigate why

this has occurred. Margie first compares the sales to performance standards the company has set for the new product. She examined the firms' efforts, the costs incurred from marketing activities, industry sales as a whole, and competitor sales. After looking at all this data, she determined that the reason for the higher sales was two-fold. Industry sales averages were high, and after some investigation Margie noticed that there has been a major influx in consumers wanting to bike to work or for recreational purposes—much more than anticipated. The bicycle they released also had a unique design, and she believes this design—which is patented so rivals cannot replicate it—makes the bicycle more comfortable for bicyclists who ride long distance.
Refer to Scenario 2.6. What method of analysis is Margie using?

a. performance assessment
b. sales analysis
c. marketing cost analysis
d. performance comparison
e. strategic analysis
Business
2 answers:
wariber [46]3 years ago
7 0

It is B, ‘Sales Analysis’.

Companies usually go for the sales analysis every year. They evaluate the whole sales process just to determine the increase or decrease in the sales during a fiscal year.  

Sales managers analyze the causes and reasons for the increased or decreased sales volume over a period of time.  

Large companies usually go for the sales analysis once in a year whereas small companies tend to analyze their performance quarterly or after six months to have a look at a possible sales outcome.  

Vladimir79 [104]3 years ago
5 0

<u>The answer is "b. sales analysis".</u>


Sales analysis analyzes deals reports to perceive what goods and services have and have not sold well. The investigation is utilized to decide how to stock, how to gauge the viability of a business drive, how to set assembling limit and to perceive how the organization is performing against its objectives.  

Normally a sales analysis will contrast one time span with a comparable period before.

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Ronnie operates a lawn-care service. On each day, the cost of mowing the first lawn is $15, the cost of mowing the second lawn i
OlgaM077 [116]

Answer:

$60

Explanation:

The computation of price is shown below:-

Producer Surplus = Price paid by consumers - Production cost

$100 = Price - ($15 + $25 + $40)

$100 = Price - $80

Price for all = $100 + $80

= $180

Price Per consumer = Price for all ÷ First three lawns

= $180 ÷ 3

= $60

Therefore, for computing the price per consumer we simply divide first three lawn by price for all.

6 0
3 years ago
At a large department store, the number of years of employment for a cashier is a normally distributed variable with a mean of 5
Yakvenalex [24]

Answer:

0.0084

Explanation:

For this probability problem, we will have to make use of the normal probability distribution table.

to use the table, we will have to compute a certain value

z = (x- mean) /Standard deviation

z = \frac{(10 - 5.7)}{1.8} = 2.39

Probability he has worked in the store for over 10 years can be obtained by taking the z value of 2.39 to the normal probability distribution table to read off the values.

<em>To do this, on the  "z" column, we scan down the value 2.3. we then trace that row until we reach the value under the ".09" column. </em>

This gives us 0.99916

Thus we have P (Z < 2.39) = 0.9916

We subtract the value obtained from the table from 1 to get the probability required.

1 - 0.9916 = 0.0084

The Probability that the employee has worked at the store for over 10 years = 0.0084

4 0
3 years ago
Which type of accounting information is intended to satisfy the needs of external users of accounting information
hoa [83]

The type of accounting information intended to satisfy the needs of external users of accounting information is the Financial accounting.

<h3>Financial accounting</h3>

Financial accounting is the field of accounting concerned with the summary, and reporting of transactions related to a business.

In comparison with other fields, Managerial accounting includes accounting of cost, and intended for the use of internal users of the business.

Tax accounting is specifically intended for tax.

Therefore, it is financial accounting that is intended to satisfy needs of external users in a business.

Read more about<em> accounting</em> here:

brainly.com/question/24357323

3 0
1 year ago
Which system supports business processes end to end? group of answer choices management system accounting system enterprise syst
aev [14]

Enterprise System supports business processes end to end? group of answer choices management system accounting system enterprise system functional structure document system.

Enterprise system basically helps in taking care of all the operations as well as processes of the organisation.

What is Enterprise system?

  • These are said to be known as the software packages used by the organisations which helps them in controlling as well as managing the complex processes as well as operations of the enterprise.
  • This system leads to better performance, better accuracy as well improvement in coordination, planning, etc.
  • It also helps in having easier access as well as coordination in the management systems and also leads to enhanced reports of the organisation.
  • The three basic types of enterprise system include:
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To learn more about Enterprise system visit : brainly.com/question/23556405

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3 0
1 year ago
Why is gdp an imperfect measurement of total production in the​ economy?
ra1l [238]
First of all, GDP does not include household production, production from the underground economy, intermadiate goods or intermediate servces. That is because we define GDP to be the total of all market values of all final goods and services in the country. Hence, the correct answer by the above definition cannot be d. The point of that definition is that household products cannot have a market value and that if we counted towards the GDP both the value of a Graphics Card and that of the PC, we would double count the value of the Graphics Card, thus overestimating the GDP. We see that the value of new houses are included in GDP since they need materials and services and they have a market value, so b is also excluded. Finally, we have shown that b is true but that this is a good thing and leads to a better estimate of total production; the correct answer is a. Here is an example. If there is an economy where in every house there is plenty of wood and people make wood dolls out of tradition, these dolls will not have a market value if they are kept by the people who made them. Nonetheless they are products too and everyone could just try to sell them the next day at a reasonable price; then, the GDP would get a bump out of nowhere, because it cannot account for household items or the underground economy.

8 0
3 years ago
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