The answer for this question is: Marketing mix
Marketing mix refers to the factors that could be controlled by the company which can be used to influence consumer's behavior
The four P which contains these factors are: The PLACE where they sell it, the PROMOTION method that they take, the PRICE of the product, and the type of the PRODUCT
Answer:
The correct answer is letter "D": A web design company catering to small businesses.
Explanation:
Environmental scanning is a research conducted by a company in the attempt of finding out what is happening in the market and inside the organization. The SWOT (<em>Strengths, Weaknesses, Opportunities, and Threats</em>) analysis is the most used tool to conduct environmental scanning. The study aims to unveil chances from where the organizations can take advantage to make profits.
In such cases, <em>a web design company could use environmental scanning to spot small businesses without web pages or with web pages with poor designs so they can help small businesses to improve their online marketing interface. Eventually, the web design company will be benefited from the revenues of its works.</em>
Answer:
If 11 workers can produce a total of 54 units of a product and the 20 worker has a marginal product of six units what is the average product of 12 workers?
11 workers= 54 units
12 workers= ?
12 x 54/11= 59 units
Explanation:
Answer:
False
Explanation:
There are several methods that businesses use to determine the price of goods and services. The most common one involves first calculating the cost of production or the cost of goods sold. The desired markup is added to the cost. Other methods include the break-even analysis, target prices, and going by the market rate.
In all these methods, the price is determined selling starts. It means the price is set before selling starts. Therefore, income cannot be generated before a price is determined.
Answer:
Work in process inventory at April 30 is $4,700
Explanation:
In this question, we apply the cost of goods manufactured formula which is shown below:
Cost of goods manufactured = Opening balance of work in progress + total manufacturing cost - ending balance of work in progress
where,
Total manufacturing cost = Direct material + direct labor + overhead
= $27,000 + $30,000 + $8,000
= $65,000
So, the ending balance work in progress equal to
= $9,000 + $65,000 - $69,300
= $4,700
