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Lena [83]
3 years ago
8

Identify the marketing positioning in play in the given scenario. Alan runs a successful residential lodge in a national park. H

is aim is to provide the best resident experience in the park. His thinks of a tagline called "The best sunsets in the park". Alan's tagline is a , which communicates the brand's promise to its customers.
Business
1 answer:
Ann [662]3 years ago
8 0

Answer:

The marketing positioning in play is a Brand promise.

Explanation:

A brand promise is a statement usually short that communicates what the customers expect from the brand. It is a kind of assurance to the customer that the brand will fulfill their proclaimed statement. The promise can be value satisfaction or even a given experience. A brand promise is a very crucial marketing strategy that needs to be chosen carefully. Most brands always choose to formulate a brand promise that is distinct, this helps the customers to remember it easily. It should be kept short and straight-forward. Research has shown that the nature of a brand promise reflects on the number of customers one attracts. A unique brand promise can set a firm above the competition.

In our case, Alan uses the tagline, "The best sunsets in the park". This is a typical example of a brand promise. Since Alan runs a residential lodge in a national park, he alludes that his lodges have the best sunsets in the park. This makes his lodging business unique since he has made a promise to the customers that if they are to experience the best sunsets, Alan's residential lodge will be the best option.

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asadena Candle Inc. budgeted production of 785,000 candles for January. Each candle requires molding. Assume that six minutes ar
Masteriza [31]

Answer:

$1,413,000

Explanation:

Asadena Candle Inc

Estimated Direct Labor Cost Budget for January

Hours required for manufacturing:

Candles (in minutes) =785,000x6

=4,710,000 minutes

Convert 4,710,000 minutes to hours (60mins)

Manufacturing Hours = 4710000/60

Manufacturing Hours =78,500 hours

Hourly rate $18

Total direct labor cost= manufacturing hours x hourly rates

=78500x18

Total direct labor cost= $1,413,000

It will cost Asadena Candle Inc $1,413,000 to produce 785,000 candles.

8 0
3 years ago
Read 2 more answers
Describe a variable cost. Describe a fixed cost. Explain why the distinction between variable and fixed costs is important in co
Mama L [17]

Answer:

For the 1St question,

Total variable costs increase with increased production or sales volumes. Fixed costs are not influenced by fluctuations in production or sales volumes.

For the 2nd question,

Understanding whether a cost behaves as a variable or a fixed cost is essential to estimating and planning for business success.

Explanation:

The main difference between the fixed and variable cost is the way it is affected by the production capacity. Variable cost increases as more u it's are produced while.fixed cost remains constant as it is not related with units.

Moreover, Understanding and differentiating fixed and variable costs are important to categorize costs correctly for accounting purposes and to decide what sort of strategies must be implemented.

3 0
3 years ago
Coaster Brothers, Inc. billed a client for services performed on March 12. The customer paid one-half of the amount owed on Marc
Andru [333]

Answer:

A. On March 12

Explanation:

The accounting  entry that would have been processed by Coaster Brothers Inc on March 12  would be

Accounts Receivable   Debit  

Service Revenue                        Credit

This would have been processed on March 12 since the services were performed.

The other options such as options B and C represent collection dates of the accounts receivable and would only involve the cash and receivable accounts.

Tear end adjusting entries are only recorded if there is an unbilled services or billed services in advance.

7 0
4 years ago
A recipe for 100 servings contains 25 pounds of ground beef, 10 pounds of pasta, 10 pounds of tomato paste, and 5 pounds of chee
adelina 88 [10]

Answer:

125 pounds

Explanation:

The computation of the number of pounds of ground beef will be in your new recipe is shown below:

= Number of pounds contained in ground beef × conversion factor

= 25 pounds of ground beef × 5

= 125 pounds

By multiplying the number of pounds with the conversion factor we can get the number of pounds of ground beef        

6 0
4 years ago
Until recently, Rosemarie worked as an accountant, earning $30,000 annually. Then she inherited a piece of commercial real estat
s344n2d4d5 [400]

Answer:

-$12,000

Explanation:

Given that

Annually earning = $30,000

Renting annually = $12,000

Total revenue = $260,000

Total cost = $230,000

The computation of economic profit is shown below:-

Economic profit = Total revenue - Total cost - Annually earning - Renting earning - Renting annually

= 260,000 - 230,000 - 30,000 - 12,000

= -$12,000

6 0
3 years ago
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