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3 years ago

Which of the following statements is true of simulated market testing?

Business

1 answer:

mario62 [17]3 years ago

3 0

Answer:

The correct answer is letter "B": It is used to monitor shopper behavior to assess a product's performance.

Explanation:

Simulated Test Marketing or STM is a simulation of a real market place to evaluate consumers' reactions to a product that is going to be introduced or that is already in the market but some sort of assessment is necessary to boost its sales. STM is useful to estimate demand and conduct a market analysis.

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Defining the communications objectives to be accomplished and then, estimating the costs associated with the performance of the

ra1l [238]

Answer: E. objective and task

Explanation: This is simply the objective and task method of budgeting which uses a build-up approach and defines clearly the communication objectives to be accomplished (isolating advertising objectives) and the estimation of the associated costs of the performance of the required strategies and activities to achieve the communication objectives. This method of budgeting, however, is most difficult to use when the product to be promoted is new to the market.

6 0

3 years ago

A work system has five stations that have process times of 5, 9, 4, 9, and 8. What is the throughput time of the system?A. 7B. 4

-Dominant- [34]

Answer:

The throughput time of the system is 35

Explanation:

When we talk of the throughput time of a system, we are referring to the total time utilized from the start of the job to the end

So to calculate the throughput time of this system, we simply need to add all the hours of work together (proceeds time)

That would be; 5 + 9 + 4 + 9 + 8 = 35

4 0

2 years ago

What should you mention about the interview in your thank-up letter?

AnnyKZ [126]

Answer: Thank the interviewer for their time
- Reiterate interest in the position/company
- Remind the employer of your qualifications
- Follow up with any information requested of you

7 0

3 years ago

On January 1, 2016, American Corporation purchased 25% of the outstanding voting shares of Short Supplies common stock for $232,

gregori [183]

Answer:

$247,625

Explanation:

Expectation: To compute the amount to be reported in the investment on American Corporation's Financial Statements - December 31st, 2016

Step 1: American Corporation purchases of Short Supplies = $232,500

This represents 25% of the outstanding voting shares of Short Supplies.

Short Supplies net income was $89,000

Therefore, American Corporation's share of net income = 25% x $89,000

= $22,250. This is the reported income as a result of the voting shares bought.

Secondly, since cash dividend was paid (paid before the declaration of the net income), then American Corporation as an investor is also entitled to the 25% of the dividend

Therefore,

The final amount of total investment of American Corporation to be reported in the financial statement is

The value of the initial stock purchased + Share of net Income - Cash dividend due.

= $ 232,500 (original investment) + $22,250 (share of net income) - ($7,125) Cash dividend

= $247,625

8 0

3 years ago

Plz solve its timed!!!

Luda [366]

Answer:

Revaluation of assets and liabilities

Explanation:

The main adjustments required at the time of a partner from a partnership firm: Change in the profit sharing ratio. Accounting treatment of goodwill.

5 0

2 years ago