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Ray Of Light [21]
3 years ago
13

Explain how quickly a new product will be adopted, given the values and regular experiences of potential customers?

Business
1 answer:
FromTheMoon [43]3 years ago
6 0

Answer:

Explain how quickly a new product will be adopted, given the values and regular experiences of potential customers?

B. Compatibility.

Explanation:

Marketing can be defined as all the activities aimed at improving a business product to potential customers with the aim of improving the company's market share. Most companies use marketing as a tool to improve their sales. It is mostly crucial in companies that want their new product to be adopted by their potential customers. For this to happen, the following factors have to be considered;

1. Complexity

Complexity can be defined as the ability of the potential customers to understand your product. The marketing of the product should be in simple and clear language that will easily be understood by most customers. The product should also be easy to use in the customer's daily life. It has been know that the more complex a product is, the harder it will be for the customers to adopt it.

2. Compatibility

Compatibility can be defined as the rate at which the product being offered aligns well with market values and expectations. The more compatible the product is to the market the faster the product will be adopted.

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Making sales to a customer on credit is an example of a ________ decision, and would be the responsibility of the __________.
PIT_PIT [208]

Correct/Complete Question:

Making sales to a customer on credit is an example of a ________ decision, and would be the responsibility of the __________.

A) Working Capital; Controller

B) Capital Structure; Controller

C) Capital Budgeting; Treasurer

D) Capital Structure; Treasurer

E) Working Capital; Treasurer

Answer:

E, Working Capital, Treasurer

Explanation:

A working capital refers to the capital required by a business to ensure its day-to-day business operations. It can also be said to be the capital available to businesses, the government,as well as other firms in need.

A treasurer in the other hand is an individual responsible for the financial management of an organization. By financial management of an organization, a treasure has the responsibility of analyzing and balancing the organization's bank statements, choosing what banks to be used by the organization, etc among other things.

Since a treasurer is responsible for managing financial service. of an organization, the treaurer reserves the power to sell to anyone on credit the treasure will know how to include that in the financial statement.

Cheers.

5 0
4 years ago
Mary's Cookies submitted an ad to the local newspaper with a coupon stating that a dozen cookies cost $2.99. The newspaper inste
ss7ja [257]

Answer:

b. Noise

Explanation:

Although there are other factors that may act as barriers to effective communication. However the most likely factor here is noise.

It is most likely that when Mary was stating that a dozen cookies cost $2.99, the newspaper staff was affected by noise coming from people or the printing press machines and thought he had heard $29.90.

3 0
3 years ago
The Sales Discounts Forfeited account ________. Select one: A. represents additional sales revenue B. is a contra Sales Revenue
lina2011 [118]

Answer:

D) represents the discount lost when a customer does not pay within the discount period

Explanation:

When a business uses the net method for accounting sales and purchases, they include all the possible discounts in the sales or purchases that they make. E.g. a store that sells $1,000 in merchandise and offers a 3% discount within 10 days (3/10, n/30) will record accounts receivable and sales revenue at $9,700 since it expects its customers to pay within the discount period.

Dr Accounts receivable 9,700

    Cr Sales revenue 9,700

But if the customers do not pay within the discount period, accounts receivables and sales revenue must be adjusted. The sales discounts forfeited account should be used to adjust both accounts by increasing sales revenue and at the same time debiting accounts receivable fro $300.

Dr Accounts receivable 300

    Cr Sales discounts forfeited 300

5 0
3 years ago
The Production Department of Hruska Corporation has submitted the following forecast of units to be produced by quarter for the
yarga [219]

Answer:

Hruska Corporation

Production Department

a. Direct labor budget:

                                            1st          2nd         3rd           4th        Year

                                        Quarter   Quarter    Quarter    Quarter    Total

Units to be produced      12,000    10,000     13,000    14,000    49,000

Hours required per unit    0.2         0.2            0.2        0.2           0.2

Total hours required       2,400      2,000       2,600    2,800       9,800

Direct labor rate                $12          $12           $12        $12            $12

Total labor cost             $28,800    $24,000   $31,200  $33,600  $117,600

b. Manufacturing overhead budget:

                                            1st          2nd         3rd           4th              Year

                                         Quarter   Quarter    Quarter    Quarter         Total

Total labor hours              2,400      2,000       2,600    2,800          9,800

Variable overhead:

$31.75 per labor hour $76,200  $63,500    $82,550  $83,350      $311,150

Fixed overhead          386,000   386,000    386,000  386,000    1,544,000

Total overhead        $462,000  $449500 $468,550 $469,350 $1,855,150

Explanation:

a) Direct labor budget is the planned expenditure on direct labor for manufacturing or production.  It is the product of the rate of labor (per hour) and the total labor hours.

b) The manufacturing overhead budget comprises the variable overhead and the fixed overhead for manufacturing of goods.  It is important to differentiate the two in order to determine the variable cost of production under the variable costing system.

8 0
3 years ago
Identify the correct equations for approximating economic growth.
guapka [62]
Be more specific because I don’t know what you mean
6 0
3 years ago
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