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3 years ago

Why is it important to look at external sources of information when exploring product and service information?

Business

2 answers:

baherus [9]3 years ago

6 0

They help you find unbiased information about the product’s actual performance.

postnew [5]3 years ago

4 0

Answer:

B. They help you find unbiased information about the product’s actual performance.

Explanation:

Since the beginning of humanity, humans have been collecting and interpreting information to organize themselves into space and everyday actions. Planning, pondering and guiding are part of the routine.

Product evaluation systems are for the market as navigation systems are for transportation. In this sense, the compass is a good example. Prior to the use of this instrument, which identifies the north according to the earth's magnetic poles, traveling the seas was a great mystery that often ended in disaster.

External evaluations work in much the same way. They help managers identify the strengths and weaknesses of different areas of production and performance, allowing them to see where they are and where they want to go. Which brings us to a second point to consider when talking about evaluations: the context.

This is because it is not enough just to collect information from a compass: we have to have a map to interpret what this data means. The compass is, yes, fundamental, but suffers interference from local geographical conditions, for example.

It is only through good and extensive data analysis that good examples can be studied and product performances adapted to contexts.

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Dahlia Colby, CFO of Charming Florist Ltd., has created the firm’s pro forma balance sheet for the next fiscal year. Sales are p

IgorC [24]

Answer:

a.-

Current Balance Sheet

Current Assets: 80 Liabilities 40

Fixed 280 Long Term Debt 125

Common Stock 53

RE: 142 (A)

Total Assets 360 Total liab + Equity 360

c-1

Projected Balance sheet

Current Assets: 96 Liabilties 48

Fixed assets: 336 Long term debt 174.6 (B)

Common Stock 53

RE 156.4

Total Assets 432 Total Liab+ SE 432

b) external funds nedeed addiontal external fund 57.6 Millions

c-2 the total liab will be 222.6

Explanation:

sales increase 20% to 480 so previously it had: 480/(1+20%) = 400

profit margin 15%

net income: 480 x 15% = 72

Dividends: 72 x 20% = 14.4

RE Increase: 14.4

(A) RE is solve by diffrence using the accounting equation

assets = liab + equity

360 = 40 + 125 + 53 + RE

RE = 360 - 40 - 125 - 53 = 142

(B) Long term debt is solve by diffrence using the accounting equation

assets = liab + equity

360 = 40 + LT debt + 53 + 156.4

LT debt= 360 - 40 - 53 -156.4= 174.6

Current liabilities:

40 + 125 = 165

Proejcted liab:

48 + 174.6 = 222.6

found needed: 222.6 - 165 = 57.6

6 0

3 years ago

You only have $10 to spend for the week. You decide to spend $8 on a movie instead of buying an $8 pizza. a. What is the scarce

Ahat [919]

A) money is the scarce resource because you only have enough money for one item
B) movie or pizza
C)?

8 0

3 years ago

Travel expenses incurred by the sales department of a manufacturing company would be classified as: a. indirect labor b. manufac

mario62 [17]

Answer:

c. a period cost

Explanation:

Option C, period cos is the correct answer because the period cost is not related to the production and manufacturing of the commodity. Rather it is the cost incurred outside the factory such as marketing expenses, travelling expenses, etc. Therefore, the option "period cost" is the correct answer.

7 0

3 years ago

A narrow market focus is to a differentiation-based strategy as a __________________. technological innovation is to a cost-base

olganol [36]

Answer: possible options:

A.growth market is to a differentiation-based strategy

B. broadly-defined target market is to a cost leadership strategy

C. growth market is to a cost-based strategy

D. technological innovation is to cost-based strategy

Answer is B

Explanation:

Companies that use a cost leadership strategy and those that use a differentiation strategy share one important characteristic: both groups try to be attractive to customers in general. These efforts to appeal to a broad range of consumers can be contrasted with strategies that involve targeting a relatively narrow niche of potential customers. These latter strategies are known as focus strategies (Porter, 1980).

Focused cost leadership is the first of two focus strategies. A focused cost leadership strategy requires competing based on price to target a NARROW MARKET. A firm that follows this strategy does not necessarily charge the lowest prices in the industry. Instead, it charges low prices relative to other firms that compete within the target market. For example, you might be able to buy milk cheaper by driving to a big-box grocery store in your local community or town, but the local corner store is the cheapest within walking distance. Redbox, a major DVD rental company, uses vending machines placed outside grocery stores and other retail outlets to rent DVDs of movies for $1. There are ways to view movies even cheaper, such as through the flat-fee streaming video subscriptions offered by Netflix. But among firms that rent actual DVDs, Redbox offers unparalleled levels of low price and high convenience.

8 0

3 years ago

If you deposited $100 now (nequals0)and $200 two years from now (nequals2)in a savings account that pays 10% annual inte

Natali5045456 [20]

Answer:

The correct answer is: "You would have $589 the end of year 10".

Explanation:

The logics of the statement remains in the amount of money remained after 10 years of savings with a 10% annual interest. This means that, after you deposit $100 now (nº 0), on the first current year you would have ended up with $110, although in the second year (nº 2) you would have made a deposit of $200, which means you would have made total earnings of $310, plus the annual interest of $31. After the second year, all subsequent ones wound count on with an annual interest of $31, which means that at end of year 10 you would have reached the amount of $589.

(ps: mark as brainliest, please?!)

7 0

3 years ago