<span>With the boom of social media, the customer’s path to purchase has
significantly changed. Traditional, “above-the-line” advertising, specifically
done on TV, print or radio is not as effective as it was before when it comes
to convincing consumers to purchase products. More and more people would resort
to seeking advise and referrals from friends in their respective social
networks. Consumers are wiser now given that they know they have the power to get
real-time information and data simply by the act of crowdsourcing. Engaging
with friends from social media networks would give them access to more genuine
feedback or POV on certain products and services. What traditional advertising
lacks is a venue for consumers to get immediate answers to possible questions
they have on products being advertised. Consumers don’t appreciate information
shoved down their throats as they know that marketers have full control of the
messages being communicated in their ads. It’s too one-sided. There should be a
platform for dialogue which is provided by social media. This is where the
fundamental shift of power takes place as described by Mr. Safco. It’s all about engagement and two-way
communication as he puts it. </span>
Answer:
$2,295.
Explanation:
Note: The data in the question are merged together and they are first sorted before the question is answered as follows:
Job # Total Cost Complete? Sold?
803 $500 yes yes
804 200 yes no
805 900 no no
806 600 yes yes
807 400 no no
808 380 no no
809 600 yes no
810 680 yes yes
811 225 no no
812 390 no no
The following is now the explanation to the answer:
To calculate the total in the work-in-process (WIP) account, we add the total costs of jobs in the table above not yet completed as follows:
Total in the work-in-process (WIP) account = $900 + $400 + $380 + $225 + $390 = $2,295.
Yes, It was known for a temporary solution of glue... Although it didnt last long... lol
Answer:
Not change
Explanation:
In the long run we expect firms to earn zero profits. With competitive markets for both inputs and output, and with constant returns to scale, a doubling of all inputs would lead to twice as much output, twice as much revenue, and twice as much cost.
The conclusion that can be reached is that (C)It cost the Ford Motor Company less to produce a Model T in 1917 than it did in 1910.
The price of a good or service is usually directly proportional to its cost. This means that if something was costly to produce or to provide, the price that the company providing will charge will be high as well.
The reason for this is that the company needs to make a profit so they charge a higher price than the cost in order to make back the cost and some profit. This is called cost plus pricing.
In 1910, the Model T Ford cost $950 but in 1917 the same car cost $360. This means that the cost must have been less in 1917 than it was in 1910 which was why the Ford company was able to charge less for it.
The correct answer is therefore C.
<em>For more information on cost plus pricing check brainly.com/question/23632044.</em>
