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Katyanochek1 [597]
3 years ago
5

If you own a small retail shop and you put ads in the local​ paper, put flyers on doors in every​ neighborhood, and buy billboar

ds in the area so that you can reach as many potential consumers as​ possible, you are engaging in​ _____ marketing.
A. mass
B. niche
C. segmented
D. targeted
E. specific
Business
1 answer:
statuscvo [17]3 years ago
4 0

Answer:

The correct option is A

Explanation:

Mass marketing is the kind of market approach, in which the business or the firm decides to ignore or disregard the differences in the market segment  and reconsider the full market with the one approach or the strategy, that supports the broadcasting idea, so that it will reach to the huge number of people.

This kind of marketing is the one which is a point of convergence on the newspapers, radio and television as the media used to approach the audience. So, it is engaging or involving in the mass marketing.

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Use Annual Cost Analysis to determine whether Alternative A or B should be chosen. The analysis period is 5 years. Assume an int
emmasim [6.3K]

Answer:

A should be chosen, because its equivalent annual cost is $252.15 lower than Alternative B's.

Explanation:

a) Data and Calculations:

Interest rate = 6% per year

                       Alternative A      Alternative B

Initial Cost             2800                 6580

Annual Benefit        450                   940

Salvage Value        500                  1375

Useful Life (yrs)        5                        5

Annuity factor = 4.212 for 5 years at 6%.

Present value factor = 0.747 for 5 years at 6%.

                              Alternative A      Alternative B

Present value of

 annual benefits       $1,895.40       $3,959.28

PV of salvage value       373.50           1,027.12

Total present value

of benefits               $2,268.90       $4,986.40

Initial Cost                  2,800               6,580

Net present value       $531.10        $1,593.60

The equivalent annual cost

= NPV/PV annuity factor

                             ($531.10/4.212)   ($1,593.60/4.212)

Equivalent annual cost $126.09      $378.35

Difference:

Alternative B = $378.35

Alternative A = $126.09

Difference =    $252.26

3 0
3 years ago
The Sanding Department of Quik Furniture Company has the following production and manufacturing cost data for March 2017, the fi
Daniel [21]

Answer:

Quick Furniture Company

The Sanding Department

Production Report

For the month of March 2017:

                                           Materials     Conversion     Total

Manufacturing costs          $35,948    $56,240        $92,188

Cost per equivalent unit:

Manufacturing costs          $35,948    $56,240

Equivalent units                    9,510            7,110

Cost per equivalent unit      $3.78         $7.91

Cost assigned to:

Units transferred out          $24,608      $51,494         $76,102

Ending Work in Process      $11,340        $4,746            16,086

Total costs assigned         $35,948     $56,240          $92,188

Explanation:

a) Data and Calculations:

                                          Materials     Conversion

Units started        9,510

Units completed  6,510      6,510           6,510

Ending WIP          3,000     3,000             600

Equivalent units                  9,510            7,110

Production Cost Report:

                                          Materials     Conversion     Total

Manufacturing costs          $35,948    $56,240        $92,188

Cost per equivalent unit:

Manufacturing costs          $35,948    $56,240

Equivalent units                    9,510            7,110

Cost per equivalent unit      $3.78         $7.91

Cost assigned to:

Units transferred out          $24,608      $51,494         $76,102  

                                ($3.78 * 6,510)    ($7.91 * 6,510)

Ending Work in Process      $11,340        $4,746            16,086

                                 ($3.78 * 3,000)    ($7.91 * 600)

Total costs assigned         $35,948     $56,240          $92,188

6 0
3 years ago
To be responsive to local pressures, companies must ____________ their offerings and strategies from country to country to refle
Vera_Pavlovna [14]

To be responsive to local pressures, companies must option c. <u>differentiate</u> their offerings and strategies from country to country to reflect local consumer.

<h3>What is Local responsiveness to pressure?</h3>

The degree to which a corporation needs modify its goods and operating procedures to accommodate local requirements is known as local responsiveness. Four fundamental worldwide business strategies are produced by the two dimensions: export, standardization, multi domestic, and transnational.

In other words, local responsiveness refers to how much a company must alter its operations and/or products in order to accommodate those in different nations.

Hence a firm may not be able to fully benefit from location economies and experience curve because of pressures for local responsiveness. While there are advantages to such personalization, it also hinders a company's potential to realize large experience curve and geographic economies.

Learn more about Local responsiveness  from;

brainly.com/question/20733465

#SPJ1

3 0
2 years ago
Read 2 more answers
In which situation would a savings bond be the best investment to earn interest?
Sergeeva-Olga [200]
If you have a large amount of money to save at one time, a savings bond would be the best investment to earn interest.  If you do not need the money right away, a savings bond will allow you to earn interest at a faster rate. Since savings bonds are longer-term investments, the other options would not fit the purpose as much due to needing the funds at a quicker rate. If you were to put the money directly into a savings account over a bond, you have easier access to the funds; however, the interest is very small in comparison.

 

8 0
4 years ago
Read 2 more answers
The company enters a lease agreement requiring lease payments with a present value of $14 million. will this lease agreement aff
wariber [46]
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5 0
3 years ago
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