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Mademuasel [1]
3 years ago
9

Todd Harris and Associates, a New York sales promotion agency, discovered from an analysis of its files that one-quarter (or 25

percent) of its clients generated more than three-quarters (or 75 percent) of its fees and commissions. This is an example of what classic concept? Multiple Choice the 75/25 exchange the law of usage Paget's Law the two quarter gap the 80/20 rule
Business
1 answer:
Dafna11 [192]3 years ago
7 0

Answer:

The answer is: the 80/20 rule

Explanation:

Applied in business, the 80/20 rule (also called the Pareto Principle), states that 20% of your customers account for 80% of your sales. It doesn´t necessarily need to be an exact proportion of 80/20, but as a rule it should help organize our time and activities in dealing with our most important customers.

As a general rule it applies to most activities of a person´s ordinary life, were 20% of the time we spend result in 80% of the benefits.

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CRANE COMPANY Adjusted Trial Balance January 31, 2020 Debit Credit Supplies $900 Prepaid Insurance 1,800 Salaries and Wages Paya
GREYUIT [131]

Answer:

beginning supplies 1,600

Explanation:

With the following identity we will sovle for beginning supplies:

beginning + purchases = ending + expense

the left side are the input of supplies

and the right side are the output

we will plug into the formula and solve for beginning supplies

beg + 3,400 = 900 + 900

beg = 3,400 - 900 - 900 =  1,600

4 0
2 years ago
Packer Corporation’s year 8 income statement reported $130,000 in income before provisions for income taxes. To compute the prov
romanna [79]

Answer:

$127,000

Explanation:

Calculation for the amount to be reported as taxable income

Using formula

Taxable income=[Year 8 Income Statement + Rent received in advance -Income from exempt municipal bonds -(Depreciation deducted for income tax purposes-Depreciation deducted for financial reporting)]

Let plug in the formula

Taxable income=[$130,000+$ 22,000 -$ 17,000 -( $ 18,000 -$ 10,000 )]

Taxable income=$130,000+$ 22,000 -$ 17,000 -$8,000

Taxable income=$127,000

Therefore the amount that Packer should report as taxable income will be $127,000

5 0
3 years ago
All of the other options that are given up when a business makes one choice over another are called
ycow [4]
The correct answer is A.
4 0
3 years ago
Read 2 more answers
Concept maps work because they _______. a. are colorful and interesting b. can be drawn by almost anyone c. visually demonstrate
stich3 [128]

Answer:

concept maps work because they <u>visually demonstrate relationships</u>

8 0
2 years ago
Licensing proprietary technology to foreign competitors is the best way to give up a firm's competitive advantage. Discuss wheth
Tamiku [17]

Licensing proprietary technology to foreign competitors is the best way to give up a firm's competitive advantage-I agree with this statement

Explanation:

<u> when a licensing arrangement is structured in such a way that ir  reduces the risks of a firm's technological know-how being expropriated by licensees, then licensing may be said to be appropiate.</u>

<u></u>

<u> For example </u>: when a firm perceives its technological advantage can be intimated by its competitor ,in such case the company gets its technology licensed before the imitation of its technology occur.By doing so the firm may deter its competitors  from developing their own, possibly superior, technology. And by licensing its technology the firm may be able to establish its technology as the dominant design in the industry. In turn, this may ensure a steady stream of royalty payments.

so we can say that Licensing proprietary technology to foreign competitors is the best way to give up a firm's competitive advantage-I agree with this statement

8 0
2 years ago
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