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2 years ago

Which aspect of zipcar's strategy makes it a practitioner of conscious marketing?

2 answers:

7 0

It was known as the Zipcar concept. Using the social media platform, the business was directly linked to the market. It made them get the edge they wanted to be more popular as their customers get to engage themselves they are already attracting potential clients. Being more popular also equates to added value in the market.

Ray Of Light [21]2 years ago

5 0

Before going towards the answer, we need to explain that what Conscious Marketing is. Conscious Marketing, as the name suggests, is a way of marketing to connect with the customers on a deeper level. This is a strong way for businesses to shape their brands.

Now what is Zipcar? Zipcar is a company that give its cars to the people on rent. Rent is charged on per minute, per hour or per day basis. They connect with their clients through online systems. This is how they practice Conscious Marketing.

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Nice Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales Selli

attashe74 [19]

Answer:

Therefore, the change in total contribution margin is equal to change in net operating income, so there is no change in fixed expenses and will not be affected.

Explanation:

The computation as per given question is given below:-

Variable cost per unit

= $48 + $65

= $113

Contribution margin per unit

= $240 - $113

= $127

Unit Monthly sales

= 1,500 + 240

= 1,740

Total contribution margin

= 1,740 × $127

= $220,980

Total contribution margin

= 1,500 × $192

= $288,000

So, change in total contribution margin and net operating income

= $288,000 - $220,980

= $67,020

Therefore, the change in total contribution margin is equal to change in net operating income, so there is no change in fixed expenses and will not be affected.

6 0

3 years ago

The 2016 financial statements of CVS Health Corporation reported the following information (in millions): 2016 2015 Net sales $1

Serggg [28]

Answer:

option (D) 10.34

Explanation:

The inventory turnover ratio for 2016 will be given as:

= [Cost of goods sold ] ÷ Average inventory

also,

Cost of goods sold in 2016 = $148,669

Average inventory = [ 2015 inventory + 2016 inventory ] ÷ 2

= [ 14,001 + 14,760 ] ÷ 2

= 28761 ÷ 2

= 14,380.5

Therefore,

The inventory turnover ratio for 2016 = $148,669 ÷ 14,380.5

= 10.34

Hence,

The answer is option (D) 10.34

8 0

3 years ago

The balance in retained earnings on December 31, 2017, was $1435000 and on December 31, 2018, it was $1160000. Net income for 20

Inessa [10]

Answer:

b. $556,000.

Explanation:

Retained Earning is an account where all the earnings of the company accumulate and dividend is also paid from this account because it represents the amount the earning associated with the stockholders of the company.

December 31, 2018 Balance of Retained Earning = December 31, 2017 Balance of Retained Earning + Income for the year - Dividend Paid / Declared during the year.

$1,164,000 = $1,440,000 + $1,000,000 - Dividend Paid / Declared during the year.

$1,164,000 = $2,440,000 - Dividend Paid / Declared during the year.

Dividend Paid / Declared during the year = $2,440,000 - $1,164,000

Dividend Paid / Declared during the year = $1,276,000

Stock Dividend Paid - $500,000 + $220,000 = $720,000

Cash Dividend Paid = $1,276,000 - $720,000 = $556,000

6 0

3 years ago

Summarize the effect of credit card interest on the real cost of items.

JulijaS [17]

Answer with its Explanation:

The result is that some of the credit cards pays interests on the cash surplus and charges interests on the cash deficit. If the interest rate is higher then the interest on the real cost of items that are finance with the negative balance will be charged interest on the higher interest rate because the interest rate is higher. If the interest rate is lower then the effect of credit card interest rate would be higher on the real cost of items.

3 0

3 years ago

How to paraphrase this information

Bumek [7]

When paraphrasing, you must summarize the info without losing any of the key points.

You could say "Please submit your budget requirements for major purchases in order of highest priority to lowest priority to assist in annual planning."

This sentence hits all of the key elements more succinctly.

5 0

3 years ago