Answer:
The correct answer is letter "C": similar; differentiated strategy.
Explanation:
The advertisement of a product can be shaped according to the region where the good or service will be offered whereas, in some other cases, changes in marketing can be minimal or null. In such scenarios, the standardization approach uses the same marketing method for every country where the company has a presence. This will only work if consumers worldwide have similar needs and preferences.
The differentiated strategy, instead, links customers' expectations, patterns, and cultures with the marketing processes of the firm. This approach aims to give a tailored good or service to different consumers and is mostly used.
Answer and Explanation:
The journal entry to record the employee salary expense, withholdings, and salaries payable is shown below:
Salaries expense Dr $2,400,000
To Income tax payable ($360,000 + $150,000) $510,000
To FICA tax payable $183,600
To Account payable $24,000
To Salaries payable $1,682,400
(being employee salary expense, withholdings, and salaries payable is recorded)
Here the expenses are debited and payable are credited as it increased the expenses and liabilities
Answer:
Production for 2nd Quarter = 15,000 units
Explanation:
given data
ending inventory of finished goods = 25 %
finished goods inventory at year start = 4,000 units
so we consider here Quarter sales in unit
1 = 12,000
2 = 14,000
3 = 18,000
4 = 16,000
solution
we get here Production for 2nd Quarter that is
Production for 2nd Quarter = Quarter 2 sale + Desired Q2 ending inventory - Beginning Q2 inventory ...................1
so it will be as
Production for 2nd Quarter = Quarter 2 sale + (25% of Q3 Sale) - (25% of Q2 sale)
put here value
Production for 2nd Quarter = 14000 + (18000 × 25%) - (14000 × 25%)
Production for 2nd Quarter = 14000 + 4500 - 3500
Production for 2nd Quarter = 15,000 units
Answer:
Comment for statement A - The firm must still compare the IRR with the opportunity cost of capital when using the IRR rule. Therefore, even with the IRR method, the appropriate discount rate must still be specified.
Comment for statement B - There should be a higher discount rate on risky cash flows than the rate used to discount less risky cash flows.
Making use of the payback rule is equivalent to using the NPV rule with a zero discount rate for cash flows before the payback period and an infinite discount rate for cash flows thereafter.
Explanation:
a)
“I like the IRR rule. I can use it to rank projects without having to specify a discount rate”
The firm must still compare the IRR with the opportunity cost of capital when using the IRR rule. Therefore, even with the IRR method, the appropriate discount rate must still be specified.
b.
“I like the payback rule. As long as the minimum payback period is short, the rule makes sure that the company takes no borderline projects. That reduces risk”
There should be a higher discount rate on risky cash flows than the rate used to discount less risky cash flows.
Making use of the payback rule is equivalent to using the NPV rule with a zero discount rate for cash flows before the payback period and an infinite discount rate for cash flows thereafter.
Answer:
Explanation:
Target marketing is a way of focusing your advert on specific people, location, age group, interest, in order to have a maximum yield.when utilizing target marketing strategy, there are a lot of advantages that are attached to it as discussed below;
- Precise advertisement ; when you have a target market you are aiming at you will not waste your energy in running numerous advertisements to the target area you only advertise what they need. e.g if a certain area in London demands for ladies bags so often and you make both female bags and male bags, your advert will definitely be on the bags that are demanded more often.
- It saves cost ; cost of running advert for so many goods and services will be reduced because you already know your target customers you only advertise what they needed with little money and more result.
- Loyalty; when you channel your strength in an area of target you become more reliable and trustworthy and you start to gain loyalty from your existing customers and referrals from them.
- Increased customer base your customer base will increase because your customer base has friends and family so they introduce you to them and from there your customer base increases.
