The businesses commercialize cinco de mayo in way that they focused on the number 5 i.e. giving 5% discount, get 4 with 5th free, 5% off and also provided mexican food.
<h3>What is cinco de mayo?</h3>
Cinco de mayo is event that took place in mexico that was the war between america and mexico on 5th of may. Now people celebrate it as there holiday.
Business commercialize Cinco de mayo in the way that they stated extensive maketing campaign and selling mexican foods, drinks, services etc.
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The total account Dept as of the statement date is known as the balance.
Answer: $4,800
Explanation:
First find the Annual holding cost:
= Average inventory * Cost of holding a unit
= 500/2 * 1 * 12 months
= $3,000
Then find the Annual ordering cost:
= Expected units to be sold/ Units ordered * Ordering cost
= 9,000/500 * 100
= $1,800
Annual Inventory cost = Annual holding cost + Annual ordering cost
= 3,000 + 1,800
= $4,800
Answer:
b) a market opportunity
Explanation:
Based on the information provided within the question it can be said that the creation of these departments was a result of a market opportunity. This term refers to a specific need that arises for the product or service that you are providing in a specific location or to an individual/company. Which is what happened in this situation as an increase in demand for organic food gave Webmans Inc. the opportunity to enter that market and answer that demand by creating organic food departments within their large stores.
