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3 years ago

4 steps in developing a brand name

Business

1 answer:

Alinara [238K]3 years ago

3 0

1- Define how you want to be perceived

2- Organize your business based on this promise

3- Communicate your promise

4- Be consistent

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Benefits of setting objectives for a company

In-s [12.5K]

Answer:

Help them evaluate the business' growth

Explanation:

When they set objectives, they can look at it later on and check if they had reached their goal. So they can see how far they've reached as a business.

8 0

2 years ago

The following information is available for the month of April from the First department of the Armque Corporation: Units Work in

miskamm [114]

Answer:

Direct Materials = 340,000

Direct Labor = 304,000

Explanation:

The concept of equivalent units measures the number of units to the extend of completion of inputs added to outputs during the production.

The first step is to determine the units completed and transferred.

units completed and transferred = opening work in process + started during the year - closing work in process

= 90,000 + 250,000 - 60,000

= 280,000

then determine the equivalent units of production with respect to direct materials and conversion costs.

Direct Materials

Note : Materials are added in the beginning of the process thus 100 % in all categories.

units completed and transferred (280,000 × 100%) = 280,000

units of closing work in process (60,000 × 100%) = 60,000

Total = 340,000

Conversion Cost

units completed and transferred (280,000 × 100%) = 280,000

units of closing work in process (60,000 × 40%) = 24,000

Total = 304,000

5 0

3 years ago

Suppose that the supply function for honey is p=S(q)=0.4q+2.8, where p is the price in dollars for an 8-oz container and q is

Ivanshal [37]

Answer:

The demand function is p= (-2.1)*q + 15.3

Explanation:

The supply function for honey is p=S(q)=0.4*q+2.8, where p is the price in dollars for an 8-oz container and q is the quantity in barrels. The equilibrium price is $4.80. So, the equilibrium quantity is:

4.80=0.4*q+2.8

Solving:

4.80 - 2.8=0.4*q

2=0.4*q

2÷0.4= q

5=q

The demand function, assuming it is linear, is p=m*q+b

The equilibrium quantity is 5 barrels and the equilibrium price is $4.80; and the demand is 4 barrels when the price is $6.90. So:

$\left \{ {{4.80=m*5+b} \atop {6.90=m*4+b}} \right.$

Isolating the variable "b" from the first equation, you get:

4.80 - m*5= b

Replacing the previous expression in the second equation you get:

6.90=m*4 + 4.80 - m*5

6.90 - 4.80=m*4 - m*5

2.1= (-1)*m

2.1÷(-1)= m

-2.1=m

Replacing the value of "m" in the expression 4.80 - m*5= b you get:

4.80 - (-2.1)*5= b

Solving you get:

15.3= b

So, the demand function is p= (-2.1)*q + 15.3

3 0

3 years ago

A manager cannot complain that the budget was unrealistic and impossible to meet when

Bess [88]

I would say that if the manager was consulted on the budget then he/she couldn't complain that it was unrealistic and impossible to meet and if they had any problems with it then they should have spoken up when the budget was being formulated.

6 0

3 years ago

On January 1, 2020, Blue Co. purchased 24,000 shares (a 10% interest) in Elton John Corp. for $1,300,000. At the time, the book

Len [333]

Answer:

$4,465,400

Explanation:

The investment in Elton in 2020 $1,300,000

share of 2020 net income(10%*$690,000) $69,000

ending balance of investment in 2020 $1,369,000

Share of net income 6/30/21 ($480,000*10%) $48,000

ending balance of investment 6/30/21 $1,417,000

Acquisition of investment 7/1/2021 $2,920,000

Total amount of investment $4,337,000

share of net income 12/31/2021($800,000*30%) $240,000

Dividends received(48,000+24,000)*$1.55 ($111,600)

balance of investment in Elton John Corp $4,465,400

In computing the above value,at each point in time the share of Blue Co from net income earned by Elton john corp is added while any dividends received in cash is deducted.

8 0

3 years ago