1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
To be a successful manager, the only skills an IT project manager needs to possess is excellent technical skills.
xeze [42]

Answer:

false

Explanation:

For successful IT managers, IT knowledge is not only the skills that need to be inherited but skills like communication, organizational and negotiation skills are must also.

other skills other than IT is also play a very important role in the growth of an individual.

communication skills help to developed interpersonal skills. A good communicator is a good influencer and good motivator thus individual having good communication can help and guide  their subordinate to bring the positive results

4 0
3 years ago
What is the primary purpose of a mission statement
Alex17521 [72]
The mission statement<span> should guide the actions of an organization, spell out its overall goal, provide a path, and guide decision-making. It provides "the framework or context within which the company's strategies are formulated". It is like a goal for what a company wants to do for the world.</span>
6 0
3 years ago
Frank plans to move to a large city after graduation. What financial factors does he need to consider about his new residence wh
wariber [46]

Answer: Housing, Food, Bills, Transportation

Explanation: common sense my guy

7 0
2 years ago
Read 2 more answers
Quanti Co., a calendar year taxpayer, purchased small tools for $5,000 on December 21, 2016, representing the company's only pur
iris [78.8K]

Answer:

1 and a half months worth of depreciation

Explanation:

The advantage of starting to depreciate an asset purchased on December is that next year you will be able to depreciate it for a full year under MACRS.  Generally, when you purchase an asset, you have to use the half year convention and your depreciation expense for the first year will be low compared to the second year. But if you start depreciating your asset in the current year, even if you purchased it on December and the depreciation expense is not that significant, the next year you will be able to depreciate it at the second year rate.

7 0
3 years ago
Selling goods only at certain predetermined prices that reflect definite price breaks is called .
Firlakuza [10]

selling goods only at certain predetermined prices that reflect definite price breaks is called Price lining

Price lining, also known as product line pricing, is a marketing tactic where a company charges for its products in accordance with its quality, features, or other characteristics to set them apart from competing ones.

Price line, to put it simply, is the practice of placing comparable products in various price ranges, each of which differs significantly in terms of the characteristics or qualities it offers. These brackets typically have lower starting prices and higher price points.

Despite having "price" in its name, price lining is a marketing tactic. The major goal of this strategy is to increase sales and audience size by making the offering more appealing to a wider range of consumers.

Apple, a company that makes smartphones, is a good illustration of price lining in action. Apple offers its iPhone lineup in a range of price points, with each model differing mainly in the small number of extra features that are added to the more expensive ones. Instead of solely selling expensive iPhones, Apple now offers a variety of models to appeal to customers with varying levels of purchasing power, which helps them grow sales.

To know more about price lining

brainly.com/question/7250116

#SPJ4

8 0
11 months ago
Other questions:
  • A restaurant at a popular Colorado casino provides priority service to player’s card holders. The restaurant has 10 tables or bo
    10·1 answer
  • Assume that John Smith is a salesperson employed by McCrackin Company. Smith’s regular rate of pay is $36 per hour, and any hour
    15·1 answer
  • What law governs the release of student information?
    6·2 answers
  • When a company purchases a new computer for the business with cash, __________. (choose 2)?
    13·1 answer
  • Net exports might be a negative amount if Americans
    6·1 answer
  • Clear Call Corporation makes phones, which are sold to consumers by DefDeals stores. Erna files a product liability suit against
    6·1 answer
  • HELP ME ASAPP ! Please don’t guess!
    11·1 answer
  • A process can be balanced by moving work away from the _______ to unused capacity elsewhere in the process.
    13·1 answer
  • On July 8, Compusoft receives $300,000 from a customer toward a cash sale of $1.10 million for customized computer equipment to
    6·1 answer
  • funds are created when individuals or organizations contribute resourcesto a trust with the agreement that principal and/or inco
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!