Answer:
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Answer:
The correct answer to the following question is that the marketing strategy used by Bob's custom millwork is pull strategy.
Explanation:
A pull marketing strategy ( also know as pull promotional strategy ) can be defined as that strategy where a company tries to increase the demand of its products and services and and pull (draw) the consumers towards their products. The main objective of this strategy is to make people or consumer want or seek for your particular product. This strategy can be used independently ( on its own ) or this can be used with push marketing strategy. From the given case of Bob's custom millwork it is quite clear that pull marketing strategy is being used here.
Answer:
Work out a plan with its financial intermediaries.
Explanation:
As mentioned in the question that Nguyen's Sporting Goods is having difficulty obtaining the credit, it needs to expand. The company should <u>work out a plan with its financial intermediaries</u>, in order to alleviate its financial situation. Because as we all know that a financial intermediary is a financial institution as well. So the company has to create a plan with there financial institution.
Answer:
Cost Variance (CV) for the project is negative $77.5
Explanation:
The total amount budget for all 3 activities = Activity A worth $200 + Activity B worth $75 + Activity C worth $200 = $475
The total value completed = activities cost x % complete = $200*100% + $75*90% + $200*75% = $417.5
The actual cost till now = $200 + $120 + $175 = $495
The cost variance = The total value completed - The actual cost till now = $417.5 - $495 = ($77.5)
Answer:
Check the following calculations.
Explanation:
C(q) = 50+0.20q+0.0800q2
MC(q)=0.20+0.160q
In the long run market will be in equilibrium when P=MC=ATC=LRAC=LRMC
where LRAC=long run average cost curve
LRMC=long run marginal cost curve
ATC=average total cost
noe total cost C(q)= 50+0.20q+0.0800q2
therefore ATC=C(q)/q
= 50/q + 0.20 + 0.0800q
therefore in long run MC=ATC
0.20+0.160q=50/q + 0.20 + 0.0800q
on solving q=25
therefore P=ATC=MC=0.20+0.160q
=0.20+0.16*25
P = 4.20