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Kruka [31]
3 years ago
7

Product deletion can best be described as the process of deleting a product from the product mix when it a. no longer responds t

o promotional efforts. b. is reviewed negatively by a systematic review board. c. no longer satisfies a sufficient number of customers. d. increases production costs and decreases profits. e. is perceived as a failure by top management.
Business
1 answer:
Mamont248 [21]3 years ago
5 0

Answer:

(c). no longer satisfies a sufficient number of customers

Explanation:

Product deletion refers to removal or discontinuance of a product from the product line when such a product has been consistently incurring losses since a number of years and it's further continuation would adversely affect the other products and profitability.

A product is usually deleted from the product line on the grounds of it's failure in satisfying a sufficient number of customers.

Hence, the correct option is (c). no longer satisfies a sufficient number of customers.

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Omni Insurance Company violates a state licensing statute when selling an insurance policy to Petra, in whose state Omni is not
sineoko [7]

Answer:

b. enforce the policy or recover the amount of the premiums paid.

Explanation:

Petra being a a member of the class of persons protected by the statute is a big advantage. This translates to lesser or no punishments at all for defaulting the set rules and protocols of insurance in his/her state.

This means Petra can either enforce the law as a top person or recover the amount of premiums paid.

7 0
3 years ago
7. The management accountant for Giada's Book Store has prepared the following income statement for the most current year: Cookb
vekshin1

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Travel Book

Sales= $164,000

Cost of goods sold= (67,000)

Contribution margin= 97,000

Order and delivery processing (25,000)

Net income= 72,000

Rent and allocated corporate costs remain constant in both decisions (drop or not). Therefore, they are irrelevant.

<u>Now, if the travel book product line was discontinued, the company's net income would have decreased by $72,000</u>

8 0
3 years ago
____________ is the combination of ways your company researches, plans for, and communicates with the market. A. Customer profil
liq [111]

I just finished this quiz and the answer is "marketing"

4 0
3 years ago
Read 2 more answers
If the contribution margin ratio is​ 60%, target operating income is​ $50,000, and the sales revenue needed to achieve the targe
muminat

Answer:

The correct answer is $430,000.

Explanation:

According to the scenario, the given data are as follows:

Contribution margin ratio = 60%

Operating income = $50,000

sales revenue = $800,000

So, we can calculate the total fixed expenses by using following formula:

Total fixed expenses = Contribution Margin - Operating income

Where, Contribution margin = Contribution margin ratio × sales

Contribution margin =  .60 × $800,000 = $480,000

So, by putting the value in the formula, we get,

Total fixed expenses = $480,000 - $50,000

= $430,000

6 0
3 years ago
How long should I allow for my CPT application to be processed before contacting the Deptartment of International Graduate Servi
White raven [17]

Answer: a. 10 business days

Explanation:

Curricular Practical Training (CPT) refers to a job that will be beneficial to your program of study such as alternate work/study, internship and cooperative education.

When applying for the CPT, one must keep in mind that in general it takes 5 - 10 business days. However, during Peak application times such as April, September and January, it is recommended that you wait the entire 10 business days.

7 0
3 years ago
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