Answer: d) time and place utility
Explanation:
Time utility is the process through which product or service is provided to the consumer at the time of requirement without any delay. Availability of product is on-time in this service.
Place utility is defined as easy availability of the product or service for the customer so that reach is not complex.
Therefore,if any product is extremely convenient then it is supposed to persist time utility and place utility for the consumer.
Other options are incorrect because form utility and possession utility are not the offering factors of product that tends to offer maximum convenience. Thus, the correct option is option(d).
Answer:
P = $ 45833.33
Explanation:
Given data:
interest amount = $11,000
time = 4 year
interest rate = 6%
we know that
simple interest = PRT
solving for Principal amount P,
P = $ 45833.33
Answer:
The correct answer is c. channel integration.
Explanation:
Producers and intermediaries act together to obtain mutual benefits. Sometimes the channels are organized through agreements; There are others that are organized and controlled on the initiative of a single director that can be an agent, a manufacturer, a wholesaler or a retailer. This director can establish policies for it and coordinate the creation of the marketing mix.
The links of a channel can be combined horizontally and vertically under the administration of a channel leader. The combination can stabilize supplies, reduce costs and increase coordination of channel members.
Vertical integration of the channels: Two or more stages of the channel are combined under one direction. This results in the purchase of the operations of a channel link or the performance of the operations of this link to carry out the functions.
This integration includes the control of all functions from manufacturing to the final consumer.
Horizontal integration of the channels: It consists of combining institutions at the same level of operations under a single administration. An example will be department stores. This integration provides significant savings in advertising specialists, market research, purchases, etc. And it can be carried out by an organization by merging with other organizations or by increasing the number of units
Answer:
depending on the place you can consider the number of people who go to it and on that side, the fame it would have for its service, and greater economic progress.
Explanation:
Answer:
$180,000
Explanation:
Residual Income is the difference between net income of the company and the required rate of return. It determines the excess of income generate than the minimum return. The residual income serve a company to track its performance. It is a financial metric to assess company's internal performance. The formula to calculate the residual income is,
RI = Net operating Income - (Required rate of return * Cost of operating assets)
RI = $420,000 - (15% * $1,600,000 )
RI = $180,000
