Answer:
Damian is engaging in personal selling.
Explanation:
Personal selling is when a sales agent talks to a customer face to face in order to sale a product. This is a technique in which the salesperson explains the features of the product to try to convince the customer to buy the good offered. In this, the attitude of the sales person and showing knowledge of he product is really important. In this case, it is personal selling because the customer gets to the store looking for a product that is not available in the moment but the seller in a face to face conversation is able to offer a similar one that can meet the client's needs and explains the advantages of that one.
Market circumstances that make a focused low-cost or focused differentiation strategy attractive are characterized by:
a. an industry has few or no segments and market niches, thereby precluding the choice of an attractive niche suited to a company's resource strengths and capabilities.
b. high costs or increased difficulty for multisegment rivals to meet the specialized needs of the target market niche and at the same time satisfy the expectations of their mainstream customers.
c. Intense competition from industry leaders in the niche or focused segment.
d. a target market niche that is too small to be profitable and offers low growth potential.
e. few, if any, rivals are attempting to specialize in the same target segment.
<u>Explanation</u>:
Since the question was incomplete before, we find the answer by matching it to the question;
In Market circumstances that make a <u>focused low-cost or focused differentiation strategy</u> attractive are characterized by An industry that has few or no segments and market niches, thereby precluding the choice of an attractive niche suited to a company's resource strengths and capabilities.
Solution:
Smooth the pattern as well as the arrangement to get the outlook this year.
S(Week 5) = TAF(Week 5) + alpha*(Actual(Week 5) - TAF(Week 5))
= 75 + 0.5(65 - 75) = 70
S(Week 6) = TAF(Week 6) + alpha*(Actual(Week 6) - TAF(Week 6))
= 65 + 0.5(50 - 65) = 57.5
T(Week 6) = T(Week 5) + beta*(TAF(Week 6) - TAF(Week 5) - T(Week5))
= -5 + 0.1(65 - 75 - (-5)) = -5 + (-0.5) = -5.5
Therefore, TAF(Week 7) = S(Week 6) + T(Week 6) = 57.5 + (-5.5) = 52.0
Answer:
Monopoly
The profit that Monopoly makes per hour is:
= $1,876.
Explanation:
a) Data and Calculations:
Direct labor costs:
Step 1, 20 seconds at $15 per hour = $5
Step 2, 15 seconds at $15 per hour = $3.75
Total 35 seconds at $15 per hour = $8.75
Direct materials cost $5
Variable cost per game = $13.75
Fixed cost per game = (500 * 35/60) = $292.00
Total cost of production = $305.75
Revenue (120 * $20) = $2,400
Variable cost per hour = 24 ($13.75 * 60/35)
Fixed cost per hour = 500
Total cost per hour = $524
Profit per hour = $1,876
Answer:
$215,000
Explanation:
As at 2016
Cost of patent $200,000
Legal and filing fees $50,000
Patent $250,000
Yearly amortization = $250,000/10 = $25,000 (10 years)
As at 2019
Patent $250,000
Less Amortization($25,000*3 years) ($75,000)
Book Value $175,000
Patent (Book Value) $175,000
Add legal fees for an unsuccessful defense of the patent $40,000
Total $215,000
The amount charged to income (expense and loss) in 2019 related to the patent should be $215,000.