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
tiny-mole [99]
3 years ago
10

Suppose a brand has a heavy usage index of 1.5, penetration share of 0.6 and a market share of 15%. What is the share of wallet

Business
1 answer:
Anettt [7]3 years ago
3 0

Answer:

0.167

Explanation:

Given the following :

Heavy usage index = 1.5

Penetration share = 0.6

Market share = 15%

Using the formula:

Heavy usage index =

market share % / [Penetration share * share of wallet]

1.5 = 15% / [0.6 * share of wallet]

1.5 × [0.6 × share of wallet] = 15%

0.9 × share of wallet = 15%

Divide both sides by 0.9

Share of wallet = 15% / 0.9

Share of wallet = 0.15 / 0.9

Share of wallet = 0.16666

Share of wallet = 0.167

You might be interested in
Brown & Smith, Inc. engages in the design, development, making, and retail selling of designer jewelry in North America. Bef
Serga [27]

Answer:

rapid prototyping

Explanation:

Rapid prototyping (RP) is a family of manufacturing methods to make engineering prototypes in the minimum possible delivery times, based on a model of the article made in a computer-aided design system (CAD)

Rapid prototyping is an excellent way to check the functionality, dimensions and design characteristics of the designs, without going through the usual long prototyping process that requires specific technical and experienced tools.

3 0
3 years ago
Mika has borrowed $5,000 from her cousin Jun and not repaid it. Now, Mika is selling her house to Jun’s nephew, Cheong. As Mika
hram777 [196]

Answer:

Jun's pressure and influence has invalidated Mika's consent.

Explanation:

By threatening Mika with prosecution if she doesn't set a discount for the sale of her house on the grounds of her debt to her, she has influenced Jun's consent or rather coerced it and therefore Mika's consent is invalidated in the agreement. Consent is free under law if contract and should be given under undue influence, duress or any other vitiating factor that will render the contract null and void such as the example above

3 0
3 years ago
LO 2.2Which of the following are prime costs?
sesenic [268]

Answer:

OPTION D: Direct Labor and Direct Material

Explanation:

Prime cost of a product is defined as the direct costs of producing a product including direct material costs and direct labor costs. Any other manufacturing overheads, indirect expenses and indirect materials/labor cost are not included in the calculation of PRIME COSTS .

                 Prime Cost = Direct Material Cost + Direct Labor Cost

Therefore, OPTION D: direct Labor and direct materials is the correct definition of prime costs.

4 0
3 years ago
A manufacturer tests, modifies, and retests an original idea several times before offering it to the consumer. This process is c
taurus [48]

Answer:

Product development

Explanation:

A manufacturer tests, modifies, and retests an original idea several times before offering it to the consumer. This process is called product development.

A product life cycle can be defined as the stages or phases that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.

Generally, there are four (4) stages in the product-life cycle;

1. Introduction.

2. Growth.

3. Maturity.

4. Decline.

7 0
2 years ago
Suppose you're in charge of establishing economic policy for this small island country. Which of the following policies would le
Rom4ik [11]

Answer:

Encouraging saving by allowing workers to set aside a portion of their earnings in tax-free retirement accounts

Explanation:

Productivity increases when human capital increases due to higher education and training, when physical capital increases due to higher investments or when new technological breakthroughs increase productivity.

By encouraging savings, investments will increase as well as physical capital which results in an increase in productivity.

4 0
3 years ago
Other questions:
  • In order for tqm to be successful, it is essential that most of the organization be _________.
    9·1 answer
  • U.s. currency is part of
    12·1 answer
  • Which of these usually require students to maintain a specific number of hours and grade point average?
    6·1 answer
  • Which of the following considerations is related to sociocultural
    9·2 answers
  • A college graduate who is searching for his first job illustrates the concept of cyclical unemployment. frictional unemployment.
    15·1 answer
  • The currency in Macroland is called econs. In Macroland, the public holds 2,000 econs in currency; commercial bank reserves are
    9·1 answer
  • All That Blooms provides environmentally friendly lawn services for homeowners. Its operating costs are as follows.
    5·1 answer
  • Sunnyvale Inc. is considering investing in a new project. The average invested assets of the project would be $450,000 and the i
    5·1 answer
  • What are the different components that electronic banking provides?
    5·2 answers
  • Select all that apply
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!