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3 years ago

___________ is a process used to test consumer reactions about a product among potential users.

2 answers:

8 0

<span>Test marketing is a process used to test consumer reactions about a product among potential users. It is a test directed in a test market composing of actual situations and stores, with the buyers didn’t know that they are in the middle of an assessment test. It is used to check how a customer reacts to the product.</span>

dolphi86 [110]3 years ago

5 0

<span>Test marketing is a process used to test consumer reactions about a product among potential users. When a business redevelops a product or develops a new product, they typically gather together a test market or audience to test the product with. They allow each consumer to use and try out the product and then receive feedback from them. Their overall goal is to make sure they are developing a sound product that meets the needs of their audience. </span>

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Luna Manufacturing uses a process costing-system. Luna uses the weighted average method . The following information pertains to

Goshia [24]

Answer:

conversion cost per equivalent unit: 10.47

Explanation:

Luna uses the weighted average method:

complete units + equivalent units ending WIP

Completed during the period 187,000

ending WIP 197,000 x 30% =<u> 59,100‬ </u>

Equivalent units 246,100‬

cost: beginning invenotry + added during the period

165,600 + 2,410,800 = 2,576,400‬

cost per equivalent unit: cost / equivalent untis

2,576,400 / 246,100 = 10,4689 = 10.47

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4 years ago

What are the two major components of a working capital management strategy

Sliva [168]

Answer:

The two major components of Working Capital are Current Assets and Current Liabilities. One of the major aspects of an effective working capital management is to have regular analysis of the company's currents assets and liabilities.

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2 years ago

Define a structure and identify its parts providing a syntax example. how is a structure initialized and accessed. please provid

kaheart [24]

Structures are derived data types, they are constructed using objects of other types

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3 years ago

In what way is the HR function important to the success of the everyday tasks in an organization? Discuss the competitive advant

pentagon [3]

Answer:HR plays a key role in developing, reinforcing and changing the culture of an organisation. Pay, performance management, training and development, recruitment and onboarding and reinforcing the values of the business are all essential elements of business culture covered by HR

A diverse workforce is a more productive workforce, and your business can benefit from different perspectives, improved community relations and more creative ideas.

Workforce diversity can bring about an increase in productivity and competitive advantages. Employers can offer more solutions to customers because of new ideas and processes brought into the organization. Workplace diversity also increases employee morale and causes employees to desire to work more effectively and efficiently. Diversity in leadership within a firm allows managers to bring in new skills and methods for achieving unity within their teams.

Explanation: workforce diversity helps the organization to grow faster and also boost the morals of employees,for every organization that adopt diversity it's tends to be above other organizationbin level of productivity.

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3 years ago

Read 2 more answers

Examples of barriers to entry include Group of answer choices Price taking. Patents. None of the Answers are Correct. Standardiz

Genrish500 [490]

Examples of barriers to entry include Patents.

<h3>What Are Barriers to Entry? </h3>

A term used in economics and business to describe variables that can deter or make it difficult for newcomers to enter a market or industry sector and so limit competition is "barriers to entry." These might include prohibitive startup fees, bureaucratic roadblocks, or other barriers that make it difficult for new rivals to enter a market. Existing businesses win from entrance barriers because they preserve their market share and capacity to make money.

There are four main types of barriers to entry:

legal (patents/licenses),
technical (high start-up costs/monopoly/technical knowledge),
strategic (predatory pricing/first mover),
brand loyalty.

Most people think of patents as temporary entry barriers put in place by the government. Patent protection, however, typically restricts access rather than blocking it. A business may enter a market that is protected as long as its product complies with a minimum standard of novelty and does not violate any active patents.

To know more about barriers to entry refer to: brainly.com/question/12589254

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2 years ago