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3 years ago

When a surplus exists in a market, sellers

1 answer:

4 0

lower price, which increases quantity demanded and decreases quantity supplied, until the surplus is eliminated. When there is a surplus we want to increase demand and reduce the supply. Lowering prices does this!

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1. How is Unilever applying its understanding of internal consumer processes in the psychological core to market its products?

Vedmedyk [2.9K]

Answer:

Unilever is applying its understanding of internal consumer processes by using several points of the psychological core to market its product in order to create valuefrom customers in return. ... It creates a relationship between the customer and the brand.

Explanation:

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3 years ago

"People who fight fire with fire usually end up with ashes," is a popular saying that can relate to upset customers.

Ede4ka [16]

Answer:

This popular saying applied to an organizational environment, can refer to upset customers in the sense that if your customers make any complaints or complaints about your products and services, you, as a professional representing the company, must be well prepared and trained to deal with this adverse situation in a way that is not a "person who fights fire with fire and ends up with ashes", that is, you must be well prepared to respond to the customer's problem in a friendly, fast way and that brings solutions that do it. return, and not in a way where the customer feels that their complaint has not been resolved well and will not do business with the company again.

5 0

3 years ago

Diego feels he has achieved some measure of respect as a cosmetic surgeon. Now, Diego focuses on being the best he can be. Which

amm1812

Diego is trying to focus and meet his self-actualization needs.

<h3>What is Maslow's Hierarchy of Needs?</h3>

Abraham Maslow's theory of Hierarchical needs explains that people are driven to meet fundamental wants before moving on to more complex requirements.

His theory emphasizes five hierarchical needs, these are:

Physiological needs
Security and safety needs
Social Needs
Esteem Needs
Self Actualization needs

Therefore, based on the fact that Diego is concerned about his own personal growth and focusing on his career, we can conclude that Diego is trying to focus and meet his self-actualization needs.

Learn more about Maslow's Hierarchy of Needs here:

brainly.com/question/1785981

4 0

2 years ago

Saddle Inc. has two types of handbags: standard and custom. The controller has decided to use a plantwide overhead rate based on

AlladinOne [14]

Answer:

Saddle Inc.

1. Overhead rate using the traditional (plantwide) approach is:

= $1.84

2. The overhead rates using activity-based costing approach are:

Machining = $72.49

Machine setup = $211.69

3. The difference in allocation between the two approaches:

Differences:

ABC approach $121,808 $178,188 $299,996

Using plantwide $110,400 $189,520 $299,920

Differences $11,408 -$11,332 $76

Explanation:

a) Data and Calculations:

Total estimated overhead costs = $300,000

Machining activity = $195,000

Machine setup activity = $105,000

Standard Custom Total

Direct labor costs $60,000 $103,000 $163,000

Machine hours 1,400 1,290 2,690

Setup hours 96 400 496

Overhead rate based on direct labor costs = $1.84 ($300,000/163,000)

Overhead rates using activity-based costing approach:

Machining = $72.49 ($195,000/2,690)

Machine setup = $211.69 ($105,000/496)

Allocation of overhead costs:

Standard Custom Total

Using plantwide $110,400 $189,520 $299,920

Using ABC:

Machining $101,486 $93,512 $194,998

Machine setup 20,322 84,676 104,998

Total costs $121,808 $178,188 $299,996

Differences:

ABC approach $121,808 $178,188 $299,996

Using plantwide $110,400 $189,520 $299,920

Differences $11,408 -$11,332 $76

6 0

2 years ago

Which are results of regulation in a mixed-market economy? Check all that apply.

solong [7]

<u>Answer:</u> Option 1 and Option 5

<u>Explanation:</u>

In mixed economies under the government regulation most of the production is done by private ownership. There is very little government intervention. The main aim of the government intervention is to make sure that the private business activities comply with the law of the country.

Another result of government regulation is to control the externalities created by these business structures. Government ensures there is no externality which affects the market as well as the people. Due to these regulations there is no advantages for producer or government. Also the markets cannot be controlled with these regulations in mixed market economy.

8 0

3 years ago

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