1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nadezda [96]
4 years ago
11

Which of the following states (conditions) does not describe an advantage associated with mass-marketing?

Business
1 answer:
ipn [44]4 years ago
8 0

Answer:

b. The wants and needs of individual customers can be more directly targeted

Explanation:

Mass marketing by definition "is the advertising or promotion of a product, good or service to a wide variety of audiences with the expectation of appealing to as many as possible". If we analyze one by one the options we have this:

a. A large pool of potential customers exists.

Thats one of the alternatives in order to use mass marketing in order to indentify potential customers.

b. The wants and needs of individual customers can be more directly targeted.

This one is NOT a method or a way to apply the mass marketing since that's a technique to classify the info from subjects.

c. Scale economies, if achieved, can generate the ability to charge low prices while still remaining profitable.

Thats one alternative that can be applied if we use mass marketing

d. Firms can still differentiate their brands from the competition through creative promotions.

That's one alternative since we can see and create potential customers with this alternative.

e. Scale economies (economies of scale) can potentially be obtained.

For this case is one of the options in order to apply mass marketing since "Economies of scale are cost advantages reaped by companies when production becomes efficient".

You might be interested in
During Year 1, Hardy Merchandising Company purchased $24,000 of inventory on account. Hardy sold inventory on account that cost
finlep [7]

Answer:

I have attached an Excel Sheet that identifies all the events that need to be accounted for. If you have any queries regarding the Journal Entries, please free to ask me that.

B) The Balance of Accounts Receivable at Year End is $3,000.

Explanation:

Hardy Merchandising Company made Sales of $27,000 on account, out of which $24,000 were collected during the year. So, at the year end the Balance Sheet will show a figure of $3,000 for Accounts Receivable.

Thank You!

Download xlsx
4 0
3 years ago
The short-run aggregate supply curve will decrease if:
finlep [7]

Answer: A. the aggregate price level falls. commodity prices rise.

Explanation: In short-run, the aggregate supply is usually a graph pointing upward and with a sloping curve. The short-run aggregate supply curve usually points upward sloping because it indicates quantity supplied which increases when the price rises. In the short-run, organisations usually have only one fixed factor of production which is capital.

8 0
3 years ago
In competitive markets: Group of answer choices firms set the prices for their products with little concern for the consumer. fi
Karo-lina-s [1.5K]

Answer:

market forces are much stronger than individual firms are

Explanation:

In a competitive market, firms are price takers. They do not set the price for their products. Prices are set by market forces.

8 0
4 years ago
Partial adjusted trial balance for Pina Colada Corp. at December 31, 2017, includes the following accounts: Retained Earnings $1
Leni [432]

Answer and Explanation:

The presentation of the retained earnings statement for the year is presented below:

     <u>                                     Pina Colada Corp</u>

<u>                                      Retained Earnings Statement </u>

<u>                                 For the year Ended December 31, 2017 </u>

Retained Earnings, as on January 1  $16,700

Add: Net Income                                 $10,400

Less: Dividend paid                            -$4,700

Retained Earnings, as on December 31 $22,400

6 0
4 years ago
6) For the past few years your company has sold 50,000 units of goods each year at a selling price of $26/unit. Fixed production
lana66690 [7]

Answer:

Explanation:

Expected sales(S) -58000 units

Variable cost ( VC) = $9/unit

Fixed cost ( FC) =$ 300000

Sales price =$26/unit

a) Average total cost next year

ATC=(TFC+TVC)/number of units sold = TC/number of units sold

TFC-Total fixed cost; TVC - Total variable cost; TC-Total cost

TVC= 9×58000= 522000

TC=300000+522000=822000$

ATC= 822000/58000= 14.17$

 

b) Marginal contribution rate = contribution per unit of quantity sold

Contribution = SP-VC = = 26 - 9= $ 17

SP - Selling price; VC -Variable cost

​​​​marginal contribution is $17

C) Profit margin = Total sales - total cost

Total sales =  58000*26; Total cost = 58,000*14.17

PM= 1508000-821860 = $ 686140

 

d) Break even volume =( Fixed cost/profit volume ratio)

P/ v ratio =( Contribution /sales ) = 17/26

Break even volume = 300000/( 17/26)  = 458824$

6 0
3 years ago
Other questions:
  • Joe quit his job as a salesman where he made $35,000 per year to start his own t-shirt making business. his business expenses ar
    13·1 answer
  • Which element of negligence deals with the failure of a person to perform a duty that required them to act in a certain way?
    8·2 answers
  • What is the key difference between command and market economies?
    8·1 answer
  • All of the following are functions of the Federal Reserve System EXCEPT:______
    9·1 answer
  • Universal Containers has successfully implemented a large Service Cloud rollout for their national call center 3 months ago.
    15·1 answer
  • Why is it so difficult to track the crime rate over time?
    14·1 answer
  • A depreciation method that allocates depreciation of a plant asset based on the Tax Act of 1989 is the _____ method.
    13·1 answer
  • BuyCo, Inc., holds 25 percent of the outstanding shares of Marqueen Company and appropriately applies the equity method of accou
    5·1 answer
  • Has electronic banking made it easier for you to manage your finances?
    13·1 answer
  • 1.Is the demand for Good X Elastic or Inelastic between $9 and $10? Use the above demand schedule to answer this. explain(3 mark
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!