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3 years ago

At which stage of the new product development process is a physical product first developed?

Business

1 answer:

cricket20 [7]3 years ago

7 0

Answer: Product development

Explanation:

Product development is referred to as or known as the creation of the products and commodity with the different or new characteristics which further offer the additional or new benefits to their consumers or customer. The product development also tends to involve several modification of the existing commodity or product and also its presentation, or the formulation of the entirely newer product which thus satisfies the newly defined consumer or customer want.

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Determine the market potential for a backpack that has 200,000 prospective buyers who purchase an average of 2 backpack per year

LekaFEV [45]

Answer:

i.The total number of a company sell if it desires a 10% share of this market? is 40,000 units

ii. The % of the market supplies that should capture to break even is 5%

Explanation:

To calculate break even point in unit, use the formula;

Fixed Cost / Contribution Margin.

In this question, Fixed cost is the factory lease cost of one year for $400,000

Contribution margin is the difference betwen Selling Price and Variable Cost.

This will be $50-$30=$20

Therefore, Break even point in unit = $400,000 divided by $20

this will give 20,000 units.

20,000 units is 5% of the market size of (200,000X2) 400,000 units.

I.e. (20,000/400,000)X100=5%

8 0

3 years ago

All of the following are examples of retailers EXCEPT?

fiasKO [112]

Answer:

your answer is c.

Explanation:

it says they all sell their own products except c, which says they sell consmetics, not retailing their own

6 0

2 years ago

Read 2 more answers

The growth of the global company has led to the growth of global fund raising as companies seek low-priced sources of funds thro

pishuonlain [190]

The correct options about the international obtaining of funds are:

Money markets
Capital markets

<h3 /><h3>Money Market</h3>

The money market is a good form to obtain money to capitalize a company, it functions when an enterprise negotiate debt instruments to short term, giving to the buyer low risk and high profitability, in this form, the company obtain for a shor term a large mount of money and can invest in technology, resources or others to improve and grow.

If you want to learn more about Financial Market, you can visit the following link: brainly.com/question/15960668?referrer=searchResults

4 0

2 years ago

Qs 20-13 manufacturing: direct materials budget lo p1 miami solar manufactures solar panels for industrial use. the company budg

Helen [10]

Calculation of Direct Material Budget for the month of July:

Budgeted production (Units) for July 5,000

Material required per unit (pounds) 3

Material requirement for July (pounds) = (5000 units * 3 pounds) 15,000

Add: Ending material inventory (5300 units * 3 pounds* 30%) 4,770

Less: Beginning material inventory 4,500

Direct Material Purchase (Pounds) (15000+4770-4500) = 15,270

Cost per pound of Metrial ($) $6.00

Direct Material Purchase ($) (15270 pounds * $6) = $91,620

7 0

3 years ago

The following expenditures relating to plant assets were made by Adam Company during the first 2 months of 2020.

dem82 [27]

Explanation:

a.)

In terms of the cost principle, the cost of acquiring a plant asset involves all of the expenditures required to get this asset and also to get ready to serve it's purpose.

Cost is measurable by the cash amount paid for a transaction that has to do with money or the money equivalent paid when assets that are not cash are used as a means of payment.

the cash equivalent is the same as the fair market value of the assets that were given or received..

b )

the account title that expenditure should be debited

1. 5000 paid for land

2. 200 paid is for factory machine equipment

3. 850 paid for delivery truck is for equipment

4. 17500 paid for parking lot is for land improvement

5. 250 paid for companies name to be printed on truck is equipment

6. 8000 paid for installation is for equipment

7. 900 paid for insurance policy on truck is prepaid insurance

8. 75 paid as license fee is for license insurance

8 0

2 years ago

At which stage of the new product development process is a physical product first​ developed?

At which stage of the new product development process is a physical product first developed?