Answer:
Marketing is much more than just sales and advertising.
Explanation:
Marketing is when an individual or a firm develop the interest of a client or an intending customer to the product one sells or services one render. It makes use of research, distribution, sales promotion etc .
Before an individual or a business venture goes into marketing, it must make thorough research on who his potential buyers are, how can he convince them to buy the products.
The distribution channel must also be considered, like getting the goods
directly to the buyers or involving middle men. There is also sales promotion when considering marketing. Sales promotion includes all activities aimed at promoting immediate sales like raffle draws, offering gifs after purchase etc.
The basic aim of marketing is to sell, acquire customers and retain them while employing marketing concepts and mix(using place, price, promotion and product).
The global and national economic indicaters. For example stability amd law and order. If the conditions for business are less suitable,people will not invest. That means there will be less money available. To utilize the unused funds, the central bank may lower the interest rate to make borrowing easier and savings difficult
Answer:
False.
Explanation:
GANTT refers to a chart that was developed by Henry L. Gantt, who was an american engineer and a social scientist, and is thus named after him. This chart is used to describe and illustrate various scheduled activities and the duration that each activity might take to complete. There is no full form for this word "GANTT". Therefore, the statement is false.
Answer:
The correct answer is C)Opening the mail and recording entries in the sales journal.
Explanation:
It is the correct answer because both activities can be done sitting on the desk, using the same computer. All the other answers refer to activity pairs that would require physical activity, and this would reduce efficiency. For example, making journal records and delivering inventory are extremely disjointed activities, it is like being an accountant and a delivery person at the same job.
Answer:
$60,000
Explanation:
The computation of the estimated manufacturing overhead is shown below:
Estimated manufacturing overhead = Direct labor hours × predetermined overhead rate
where,
Direct labor hours = Total Direct labor cost ÷ Cost per hour
= ($100,000 × 75%) ÷ ($5)
= 15,000 direct labor hours
Now the estimated manufacturing overhead equal to
= 15,000 direct labor hours × $4
= $60,000