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3 years ago

A target audience is a the whole group of consumers that will see an advertisement or an advertising campaign. T/F

Business

1 answer:

ELEN [110]3 years ago

6 0

Answer:

The correct answer is "True"

Explanation:

In marketing, A target audience is a group of customers classified as the targets or for a particular advertisement or message.

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The Oriole Acres Inn is trying to determine its break-even point during its off-peak season. The inn has 50 rooms that it rents

vfiekz [6]

Answer:

Break-even point in units= 402 rooms a month

Explanation:

Giving the following information:

The inn has 50 rooms that it rents at $100 a night. Operating costs are as follows:

Salaries $7,500 per month

Utilities $1,500 per month

Depreciation $1,300 per month

Maintenance $1,760 per month

Maid service $24 per room

Other costs $46 per room

<u>First, we need to calculate the total fixed costs and the unitary variable cost.</u>

Total fixed costs= salaries + utilities + depreciation + maintenance

Total fixed costs= $12,060

Unitary variable cost= 24 + 46= $70

<u>To calculate the break-even point in units, we need to use the following formula:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 12,060/ (100 - 70)

Break-even point in units= 402 rooms a month

8 0

3 years ago

The form of business organization that comprises about 18 percent of all businesses in the United States is the a. joint venture

julsineya [31]

Answer:

The form of business organization in the United States which comprises about 18% are corporations.

Explanation:

According to the data presented in the attached figure it is clearly seen that the percentage of corporations in the United States is 18%. The percentage of Joint Ventures and Syndicates is a lot less while that of partnerships and sole proprietorships is higher.

8 0

3 years ago

Looking at Channel 4â€™s strengths, their ability to appeal to different niche audiences is the highlight of the company. One of

Colt1911 [192]

Answer:

True

Explanation:

Remember, that the term 'company strength' is commonly used to refer to the overall advantages a company has.

Thus, when it was said that Channel has the ability to appeal to different niche audiences that they can guarantee a "16 to 34 year old ABC1 audience at peak viewing times.

Also, mention was made about the company receiving 17 Oscar nominations in the year 1994. All this facts highlights the company's strength.

7 0

3 years ago

Use the following selected balance sheet and income statement information for Caroline Supply Co. (in millions) to compute asset

lidiya [134]

Answer:

3.15 times

Explanation:

Asset turnover = Sales revenue / Average total assets

Asset turnover = $1,135,420 / $360,600

Asset turnover = 3.15 times

7 0

3 years ago

“If the minimum wage rate is higher than the equilibrium wage rate, fewer people will be hired because the cost of labor is too

icang [17]

If the minimum wage rate is higher than the equilibrium wage rate, fewer people will be hired because the cost of labor is too high. I agree.

Explanation:

If the minimum wage is set above the equilibrium wage rate, it has powerful effects. The Labor Market and the Minimum Wage The equilibrium wage rate is $4 an hour. The minimum wage rate is set at $5 an hour. So the equilibrium wage rate is in the illegal region
If the minimum wage is set below the equilibrium wage rate, it has no effect. The market works as if there were no minimum wage. If the minimum wage is set above the equilibrium wage rate, it has powerful effects.
The equilibrium market wage rate is at the intersection of the supply and demand for labour. Employees are hired up to the point where the extra cost of hiring an employee is equal to the extra sales revenue from selling their output.
When the labor market is in equilibrium, the economy is at full employment.

5 0

4 years ago