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Sidana [21]
4 years ago
8

Sanders Beverages, Inc. is targeting non-juice drinkers with a new line of healthy fruit juices. Identify the segmenting dimensi

on most likely being used by Sanders Beverages.
Business
1 answer:
Andrew [12]4 years ago
3 0

Answer:

Identify the segmenting dimension most likely being used by Sanders Beverages.

Behavioral

Explanation:

Marketing involves the promotion of a company's product to potential customers. Customers as a whole have different characteristics and preferences, thus the need for market segmentation. Market segmentation is the division of target customers in groups of similar characteristics. These groups are known as segments where individuals that share similar traits in term of preferences, age and location are placed into one group. There are four major types of dimensions depending on segment characteristics; demographic, psychographic, behavioral and geographic segmentation.

1. Demographic segmentation

It involves the placing of people into groups based on their demographics like; age, gender and income. Demographics help understand consumer behavior better. An example is that, a company might realize that most young people who are college goers tend to drink more beer as compared to older people. This can be important to a beer manufacturing company to target specific audience.

2. Psychographic segmentation

This is the grouping of customers based on their personality traits, values, beliefs and interests.

3. Behavioral segmentation

This is the process of grouping customers based on their consumer behavior. In our case, the consumer behavior being targeted is non-juice drinkers to determine if they will accept the new line of healthy fruit juices.

4. Geographic segmentation

This is the process of grouping customers based on their location to determine specific areas where many consumers might be located.

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Suppose, a co-worker has recorded a cash receipt twice and wants you to record a correcting entry that will reverse the mistakes
Anvisha [2.4K]

Answer:

1. Investigate the invoices that have been send out (sequencing, their details and amounts) and cross check the invoices that have been paid up. Then for invoices paid up verify that date descriptions and amounts have been entered correctly or as purported by the co-worker.

2. The Cash Account is Decreasing after the correction.

3. It is not professional to accepts such special treats from co-workers for helping them in the workplace.

Explanation:

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5 0
3 years ago
Assume the XYZ Corporation is producing 20 units of output. It is selling this output in a purely competitive market at $10 per
IgorC [24]

Answer:

Economic profit will be $40

So option (d) will be correct option

Explanation:

We have given number of units produced = 20 units

Price of per unit = $10 per unit

So revenue = 20×$10 = $200

Revenue :20 units * $10 = 200

Fixed cost is given $100

Variable cost: 20 units ×$3 = 60

So total cost= Fixed cost + Variable cost = 100 + 60 =$160

So economic profit = Revenue - Total cost = 200 - 160 = $40

So option (d) will be correct answer

6 0
3 years ago
24. ABC Corp. has a deferred tax asset account with a balance of $75,000 at the end of 2019 due to a single cumulative temporary
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Answer:

The journal entries to prepare would be as follows:

                                       Debit              Credit

Deferred tax asset    $5,000

Income tax expense $159,000

           Income tax payable                 $164,000

                               Debit              Credit

Income tax expense $25,000

           Valuation Adjustement           $25,000    

Explanation:

The journal entries to prepare would be as follows:

                                       Debit              Credit

Deferred tax asset    $5,000

Income tax expense $159,000

           Income tax payable                 $164,000

Deferred tax asset=($400,000*20%)-$75,000

Deferred tax asset=$5,000

Income tax payable=$820,000*20%=$164,000

Income tax expense=$164,000-$5,000=$159,000

                                    Debit              Credit

Income tax expense $25,000

           Valuation Adjustement           $25,000      

5 0
4 years ago
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