1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
alexira [117]
3 years ago
10

What type of advertising is common during the growth stage of the product life cycle as firms compete directly and attempt to ta

ke market share from one another?
Business
1 answer:
anzhelika [568]3 years ago
7 0
That depends for a industrial or consumer wise.


Advertisements that are suitable for growth stage are samples of the good or product given for consumers to try. (If a good or product is in the need category, it will be popular effortlessly)
At growth: sales increase thus, an option for a product to change for the better: size, price, quality, neatness. (Doing so will beat competition)
Media research: helps to showcase your product on the web and that attracts customers.
Market intelligence: helps customers to gain an understanding of a product: details, needs, terms of use.
Opinion & attitude research: comes after market intelligence to question customers' opinions and thoughts and feelings about the product.


As far as it goes; asking yourself " is product worth the time and money?" " are customer satisfied" " does my product look suitable?"

Are very important questions.
You might be interested in
What will be the end result for the taxpayer who filed his federal income tax
Hunter-Best [27]

Answer: he will owe $135

Explanation:

7 0
3 years ago
Read 2 more answers
Belinda Herrera purchased a $5,000 bond at the quoted price of 94.125. The bond paid interest at a rate of 6%. What is the annua
belka [17]

Answer:

6.37%

Explanation:

Annual yield is the annual dividend yield of a bond.

Formula for annual yield = Annual dividend amount / Current price of the bond

Annual dividend amount = Annual interest rate * Face value

= 6% * $5,000

= <u><em>$300</em></u>

Current price = 94.125 means that the bond price is 94.125% of the Face value

Current price = 0.94125* 5000 = <u><em>$4,706.25</em></u>

Therefore, annual yield = 300/4,706.25 = 0.0637 or 6.37%

4 0
3 years ago
Lyons Company deducts insurance expense of $210,000 for tax purposes in 2021, but the expense is not yet recognized for accounti
Goryan [66]

Answer:

$42,000

Explanation:

Deferred tax liability can be defined as the tax liability which has been due for the current period but has not yet been paid such as installment sales receivable.

Insurance expense of $210,000

Tax rate of 20%

( $210,000 × .20 )

=$42,000

Therefore the amount of the deferred tax liability at the end of 2021 will be $42,000

6 0
3 years ago
Bad Debt Expense info:Allowance for Doubtful Accounts has a credit balance of $1,000. Credit sales are $500,000. Cash sales are
kow [346]

Answer:

Bad Debt Expense $24,000 Dr

Allowance for Doubtful Accounts $24,000 Cr

Explanation:

Data:

BB = Beginning Balance = $1,000

CS = Credit Sales = $500,000

CH = Cash Sales = $500,000

SM = Percentage Sales Method = 5% = 0.05

U = Uncollectible = $25,000

AR = Accounts Receivable = $200,000

ADA = Allowance for Doubtful Accounts = ?

Calculations:

ADA = U - BB = $25,000 - $1,000 = $24,000

Net Realizable Cash Value = AR - ADA = $200,000 - $24,000 = $176,000

Balance in the Allowance Account after the adjusting entry = BB + ADA = $1,000 + $24,000 = $25,000

Journal entry:

Bad Debt Expense $24,000 Dr

Allowance for Doubtful Accounts $24,000 Cr

Hope this helps!

8 0
4 years ago
Which of the following represents a market failure?
Marat540 [252]

Answer:

a. Shopping for used cars when the seller has private information about the car unavailable to the buyer

Explanation:

When the market is not able to produce an efficient quantity, then it is said that market is failed. This might happens due to many reasons and asymmetric information is one of them. When there is an asymmetric information, then the sellers of the used car have information about it, but the buyer do not have the full information about the used car.

Hence this leads to inefficient outcome and therefore market fails.

Hence it can be said that a market failure example is Shopping for used cars when the seller has private information about the car unavailable to the buyer.

Hence option first is the correct answer.

7 0
3 years ago
Other questions:
  • In the context of dollar-value LIFO, what is a LIFO layer?
    9·1 answer
  • Research the Minnesota Importance Questionnaire (MIQ) and write one paragraph explaining the purpose and benefits of taking this
    13·2 answers
  • The manager of East India Ice Cream Shop keeps track of the number of customers served at different periods of the day in an att
    13·1 answer
  • Most recent work on the history of leisure In Europe has been based on the central hypothesis of a fundamental discontinuity bet
    10·1 answer
  • If the price of textbooks increases by one percent and the quantity demanded falls by one-half percent, then the price elasticit
    6·1 answer
  • Chillco Corporation produces containers of frozen food. During April, Chillco produced 790 cases of food and incurred the follow
    15·1 answer
  • Attorneys' fees, entrance fees, train fares, and organization dues are all:_______
    11·1 answer
  • As part of a major plant renovation project, the industrial engineering department has been asked to balance a revised assembly
    12·1 answer
  • A stock dividend ______. (Check all that apply.) Multiple select question. causes retained earnings to decrease. increases a sto
    7·1 answer
  • In a market economy, which of the following is NOT an accepted role of government?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!