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Blababa [14]
3 years ago
6

Reacting to increasing public criticism and FTC scrutiny in the 1970s, the ad industry established the ________ to monitor poten

tially deceptive advertising.
Business
1 answer:
Vladimir [108]3 years ago
7 0

Answer: National Advertising Review Board

Explanation:

 The foundation of the national advertising review board was established in the year 1971 by the advertisement industry for the purpose of monitoring the potential of the deceptive advertisement.

The main objective the National advertising review board is that it is one of the self-regulation industry.

 The NAD ( NATIONAL ADVERTISING DIVISION) is one the industry that comes under the NARB ( National Advertising Review Board) as they appealing for the additional review in the decision making process.

 Therefore, National Advertising Review Board is the correct answer.

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______ is the process of dividing a market into distinct groups of buyers who have different needs, characteristics, or behavior
dimulka [17.4K]

Answer:

Market segmentation

Explanation:

Market segmentation is the process of dividing a market into distinct groups of buyers who have different needs, characteristics, or behavior.

The businesses use market segmentation to separate each market from another to study their demand closely. It helps them in catering to them according to their characteristics. They are able to treat every market according to its unique characteristics and generate more profit while doing that.

7 0
3 years ago
Consider a firm with a daily demand of 100​ units, a production rate per day of 500​ units, a setup cost of​ $200, and an annual
podryga [215]

Answer: 980

Explanation:

The number of units of inventory that the storage area must be able to​ hold will be calculated as:

Demand = 100 × 300 = 30000

Production rate per day = 500

Setup cost = $200

Annual holding cost = $10

We then use the economic order quantity formula to solve and the answer will be gotten as 1225

The maximum inventory will now be:

= EQQ × (1-d/p)

= 1225 × (1-100/500)

= 1225 × ( 1 - 0.2)

= 1225 × 0.8

= 980

6 0
3 years ago
Olongapo Sports Corporation distributes two premium golf balls—Flight Dynamic and Sure Shot. Monthly sales and the contribution
Strike441 [17]

Answer:

Product                      Flight Dynamic        Sure Shot           Total

Sales                              $660,000            $340,000     $1,000,000

CM ratio                               63%                     78%                68.1%

Contribution margin     $415,800              $265,200       $681,000

Fixed expenses                                                               ($589,500)

Operating income                                                               $91,500

1. Prepare a contribution format income statement for the company as a whole.

Revenue $1,000,000

<u>Variable costs ($319000)</u>

Contribution margin $681,000

<u>Period costs ($589,500)</u>

Operating income $91,500

2. What is the company's break-even point in dollar sales based on the current sales mix?

break even point = fixed costs / CM ratio = $589,500 / 0.681 = $865,638.77

3. If sales increase by $59,000 a month, by how much would you expect the monthly net operating income to increase?

operating income would increase by $59,000 x 0.681 = $40,179

4 0
3 years ago
On July 10, 2020, Pronghorn Music sold CDs to retailers on account and recorded sales revenue of $635,000 (cost $508,000). Prong
mixas84 [53]

Answer:

(a)

Dr Accounts Receivable $635,000

Cr 7/10/2020 Sales Revenue $635,000

Dr Cost of Goods Sold $508,000

Cr Inventory $508,000

(b)

Dr Sales Returns & Allowances $82,700

Cr 10/11/2020.Accounts Receivable $82,700

Dr Returned Inventory $66,160

Cr Cost of Goods Sold $66,160

10/31/2020 No entries are needed as the return period has expired.

Explanation:

(a)

Dr Accounts Receivable $635,000

Cr 7/10/2020 Sales Revenue $635,000

Dr Cost of Goods Sold $508,000

Cr Inventory $508,000

(b)

Dr Sales Returns & Allowances $82,700

Cr 10/11/2020.Accounts Receivable $82,700

Dr Returned Inventory $66,160

Cr Cost of Goods Sold $66,160

($508,000 / $635,000) x $82,700= $66,160

10/31/2020 No entries are needed as the return period has expired.

8 0
3 years ago
In most engines, the head of the intake valve is _______ the head of the exhaust valve. A. the same size as B. slightly larger t
Arisa [49]
In most engines the head of the intake valve is b. Slightly larger than the head of the exhaust valve
4 0
3 years ago
Read 2 more answers
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