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iren2701 [21]
3 years ago
15

Emphasis on product, sales-volume-oriented, needs of seller Customer wants, profit-oriented, future growth Sales-volume-oriented

, customer wants, planning for today Profit-oriented, future growth, needs of seller
Business
1 answer:
tresset_1 [31]3 years ago
4 0

The given statement taken from "Different between marketing and selling"

Explanation:

Selling Concepts:

1) The emphasis is placed on the product,

2) Second, the company makes the drug and finds out how it can be marketed.

3) Sales-volume control is targeted to.

4) Planning for new goods and technologies is short-term.

5) Retailer pressure requires.

Marketing Concepts:

1) Emphasis is on customer's wants.

2) The business first decides the needs of consumers and then determines how a commodity to fulfill them can be created and distributed.

3) Revenue-oriented management.

4) Planing of new products, economies of tomorrow and sustainable development is long-lasting.

5) The purchasers are involved in pressures.

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As sales manager, Joe Batista was given the following static budget report for selling expenses in the Clothing Department of So
julsineya [31]

Answer:

SORIA COMPANY

Clothing Department

Flexible Budget Report

For the Month Ended October 31, 2017

See attachment.

In flexible budgeting, the fixed costs are assumed to be constant within the relevant range.  Only the variable costs are flexed.

Workings:

1. Sales Commission = $1,680/8,400 x 9,000 = $1,800

2. Advertising = $1,176/8400 x 9,000 = $1,260

3. Travel Expense = $4,032/8,400 x 9,000 = $4,320

4. Free Samples = $1,680/8,400 x 9,000 = $1,800

Explanation:

The flexible budget is one that flexes the activity level or volume in order to recognize changes that may arise.  This changes the base volume of the variable costs.

To achieve this, the value under the static budget is divided by the static budget volume and multiplied by the flexed budget volume(s).

In this case, when the budget was flexed from the static sales volume of 8,400 to 9,000 in accordance with the actual volume achieved, the favorable value was increased from $1,188 to $1,800 more than 50% increase.

The implication is that a flexible budget helps to better evaluate performance than its opposite, the static budget.

Download xlsx
8 0
3 years ago
Rice Corp. recognizes revenue over time to account for long-term contracts and has the following information for the first year
trasher [3.6K]

Answer:

D.) $75,000

Explanation:

Amount of revenue recognized = Cost incurred to date / Estimated total cost * Contract price

Cost incurred to date=60,000

Estimated total cost=400,000

Contract price=500,000

Amount of revenue recognized= 60,000/400,000 * 500,000

=0-15 * 500,000

=$75,000

Amount of revenue recognized in year 1 is $75,000

8 0
3 years ago
can you help me make a timeline, of becoming a wildlife biologist here's the first two but i need a few more timelines to when I
Reptile [31]

Answer:take the arrow and put it on the end and then start going back

Explanation:

this is the thing

6 0
3 years ago
It is theorized that the price per share of a stock is inversely proportional to the prime​ (interest) rate. In January​ 2010, t
Zanzabum

Answer:

price per share in March is $96

Explanation:

given data

January price per share = ​$193.04

January prime rate = 2.75%

march prime rate = 5.50​%

to find out

What was the price per share in March

solution

we know that here price is proportional to prime rate

Price ∝ \frac{1}{rate}   ........1

so price = k ×  \frac{1}{rate}      ...............2

k is constant here

so put all value for january

193.04 = k ×  \frac{1}{2.74%}

k = 5.28

so for  march price per share will be by equation 2

price = 5.28 ×  \frac{1}{5.50%}

price = 96

so  price per share in March is $96

3 0
3 years ago
One reason to buy a home instead of rent a home is:
Effectus [21]
Less money up front equals it to be better than renting an appartment
3 0
3 years ago
Read 2 more answers
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