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Nastasia [14]
4 years ago
10

One primary function of Harriet's job is to study individuals, groups, or organizations and the processes they use to select, se

cure, use, and dispose of her company's products and services to satisfy needs and the impacts that these processes have on the consumer and society. Harriet works in the field of _____.
Business
1 answer:
s2008m [1.1K]4 years ago
3 0

Answer:

consumer behavior

Explanation:

Consumer behavior refers to the study of the behaviors and the wants and needs of the customers. The actions or activities which the consumers do in the market place which highlights their behavior studies under consumer behavior. In the above case, Harriet's job is specifically included under studying consumer behavior.

You might be interested in
All of the following are considered routine business messages except a. an all-staff memo that outlines the new procedures for p
dsp73

Answer:

d. a letter to a customer denying a request for credit.

Explanation:

Routine messages are part of a business' daily operations; It communicates the what, who, where and when elements of operations. They are usually  simple and positive requests for information or action by one person to another, daily meeting with coworkers, new updates and  instructions as well as replies to customers. Among the choices given, a letter to a customer denying a request for credit is not part of it.

3 0
3 years ago
Mitchell Corporation manufactures a single product. The selling price is $85 per unit, and variable costs amount to $68 per unit
Likurg_2 [28]

Answer: $ 70,500

Explanation:

Given, Number of units = 1800

Per unit selling price = $85

Total Sales price = (Number of units ) x (Per unit selling price)

= 1800 x $ 85

= $153,000

Variable cost  per unit = $68

Total variable cost = 1800 x $68 = $122,400

Contribution Margin = (Sales price ) - (Variable cost)

= $ (153000-122400)

= $30,600

Fixed cost = $16,500 per month

Profit = (Contribution Margin) - (Fixed cost)

= $(30,600-16,500)

= $14,100

PV ratio = (Contribution Margin) ÷ (Total sales) x 100%

= $ (30,600÷153,000)x 100%

=20%

Margin of Safety = (profit)  ÷ (PV ratio)

= ($14,100) ÷ (20%)

= ($14,100) ÷ (0.20)

= $ 70,500

Hence, the monthly margin of safety =  $ 70,500

8 0
3 years ago
During the Christmas season, people tend to draw money out of their checking accounts to pay for presents. As a result, the mone
Step2247 [10]

Answer: decrease

Explanation:

The money multiplier is the amount of money generated by banks with each dollar of reserves. The reserves is the amount of deposits which the Federal Reserve wants banks not to lend but rather hold. The money multiplier is therefore the ratio of deposits to the reserves in the banking system.

The money multiplier shows the ratio of the increase or decrease in money supply in relation to the increase or decrease in deposits. During the Christmas period, people draw lots of money out of their accounts to buy presents and other things. This will lead to a decrease in the money multiplier.

7 0
4 years ago
2. Grocers Absorb Rise in Food Prices to Keep Customers From Straying Dec. 17, 2017 7:00 a.m.
ryzh [129]
Oaowowkwjsjsjma wskmw
8 0
3 years ago
Liquidity Management. Bauman Company's total current assets, total current liabilities, and inventory for each of the past four
Reil [10]

Answer:

Current Ratio   1,88   1,74    1,79      1,55

Quick Ratio             1,22       1,19     1,24      1,14

<u>The Company liquity decrease over time</u>

<u />

During 2012-2015 The Company adquire more assets on account because both increase in a similar ammount

The Company's liquity is enought to cover their obligation so it is facing no problem of liquity

The Inventory TO being lower is a sing that if the company makes the endeavor of increase their sale it will increase their liquity. So it could be see as a good sing, because they have room to improve and generate more cash.

Explanation:

The Current Ratio will be:

\frac{currentassets}{currentliabilities}

Remember that:

<em>current assets:</em> concepts that are cash or will become cash within a year.

<em>current laibilities: </em>obligation to pay or do that will be settle within a year.

Year           2012      2013    2014    2015

Assets        16950 21900 22500 27000

Liabilities 9000 12600 12600   17400

Current Ratio   1,88   1,74    1,79      1,55

Now the Quick Ratio will be:

\frac{currentassets-inventory}{currentliabilities}

This is a more harder ratio, because we are asking, what would happen if the company doesn't convert any of their inventory in cash within a year.

Year                   2012 2013 2014 2015

Assets                 16950 21900 22500 27000

Inventory          6000   6900   6900    7200

Quick Assets         10950 15000 15600  19800

Liabilities           9000 12600 12600   17400

Quick Ratio             1,22       1,19     1,24      1,14

<u>The Company liquity decrease over time</u> as you can see.

Inventory TurnOver:

Sales / Average Inventory

This is a value to check how many times the company is selling their inventory, a high value means it is selling their inventory fast, and thereforetheir inventory cost for keeping the merchandise, lower.

If the value is lower it may mean that the company is stocking in excess or it may be having problems doing sales.

The Bauman Company is having a lower rotation than the industry so it may be cause their inventory is higher than other industries or it may not be doing quite well on the marketing department.

7 0
4 years ago
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