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zhuklara [117]
3 years ago
5

Fashion experts readily understand the power of ________________. Shortly after Kate Middleton married Prince William, throngs o

f soon-to-be-brides scrambled to find copies of her bridal gown, and also that of her sister Pippa's bridesmaid gown.
A. brand equity
B.brand association
C. brand awareness
D. marketing parity
Business
1 answer:
mash [69]3 years ago
8 0

Answer:

Letter B is correct. Brand association.

Explanation:

Brand association is a relevant marketing tool for adding value to a brand.

Marketers use resources so that there is some kind of association, value, brand awareness in the consumer's subconscious mind so that they are naturally induced to establish a preference for a particular brand. Associations are responsible for creating thoughts, opinions and actions about a brand, so marketing efforts should be related to designing a positive consumer association with the brand, which will bring added benefits of recognition, satisfaction, loyalty, price, leadership and others, which help in creating the distinctive value of a brand.

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Connor Corp. has large amount of data that they are trying to analyze from the last 15 years. They have an arithmetic sales grow
viva [34]

Answer: sale growth rate = 10.82%

Explanation:

blume's formula = ((t - 1)/(n - 1 )) x arithmetic r + geometric r x (n - t)/(t - 1)

blume formula =  ((5 -1 )/(15 - 1)) x 0.09 + 0.12 x (15- 5)/ (5 - 1)

Blume formula = 10.82%

3 0
3 years ago
Johnson Waterworks Company provides plumbing services. The company is a sole proprietorship. Transactions during the first year
emmasim [6.3K]

Answer:

Given:

Contributed $12,000 cash in exchange for capital,

Paid $1,000 for equipment to be used for plumbing repairs,

Borrowed $11,000 from a local bank and deposited the money in the checking account,

Paid $200 in rent for the year,

Paid $300 for plumbing supplies to be used on various jobs next year,

Completed a plumbing repair for a law firm and received $2,900,

The plumbing supplies of $ 300 are left at the end of the year.

<u><em>Total assets at the end of the first year = $25,700</em></u>

7 0
2 years ago
Only buy on credit, what you can pay for in cash refers to... Group of answer choices Credit Cards Payday Loans Morgages Auto Lo
shepuryov [24]

Answer:

Credit Cards

Payday Loans

Auto Loans

Explanation:

In the field of economics, credit means to have the ability of having goods or the services before the payment of the goods which can be paid later in the future to the other party.

The following can be bought on credits and can be paid in cash later on. These includes :

Credit cards -- credits card are used to purchased item on credits to which the payment is done on a later date in the future.

Payday loans -- payday loans is a type of loan or money borrowed from someone with an interest that is to be paid in the future.

Auto loans -- auto loans are available to buy a car in credit and repaying the loan in cash to the bank in installments in the future.  

3 0
2 years ago
High Flying takes tourists on helicopter tours of Hawaii. Each tourist buys a $190 ticket; the variable costs average $57 per pe
Dennis_Churaev [7]

Answer:

a.  450 tours per month

b.  $850 per month

c.  CM Ratio = 0.7

d.  

1.  Increase

2.  Decrease

3.  No Effect

Explanation:

<u>The questions are:</u>

<u>a. Compute the average number of tours the company must conduct per month to break even</u>

<u>b. Compute the average sales revenue needed per month to produce a target average profit of $53,200</u>

<u>c. Calculate the contribution margin ratio. (Round your answer to 2 decimal places.)</u>

<u>d. Determine whether the actions that follow will increase, decrease, or not affect the company's break-even point. </u>

<em>1. A decrease in tour prices.</em>

<em>2. The termination of a salaried clerk (no replacement is planned).</em>

<em>3. A decrease in the number of tours sold.</em>

<u />

<u />

<u>Solution:</u>

a.

Selling Price = 190

VC = 57

Unit Contribution Margin = $133

Fixed Cost = 718,200 yearly, so monthly is:

718,200/12 = 59,850

Break even occurs when by selling tours they will cover monthly fixed cost of 59,850 [each tour will get 133], thus:

59,850/133 =  <u>450 tours per month</u>

<u></u>

b.

718,200 FC yearly, means, monthly:

718,200/12 = $59,850

Profit needed 53,200, so we would need to cover:

53200+59850 = $113,050

Each tour gives Unit CM to be $133, so we would need revenue of:

Rev = 113,050/133 = <u>$850</u>

<u></u>

c.

Contribution margin ratio is the quotient of difference in sales and var expenses to sales.

So,

CM Ratio = (Sales - Var Exp) / Sales

CM Ratio = (190 - 57) / 190 = 0.7

d.

1.

If the tour prices, decrease, there will be less revenue coming in so the break even point would go higher.

So, break even point will increase

2.

If a salaried clerk is terminated, it will decrease the salary costs of the company. This is decrease the fixed costs of the company (annual wages and salaries), thus it will be easier to cover the new, lower, fixed costs. Thus, the break even point will decrease

3.

A decrease in number of tours sold would proportionally change the variables and other costs and revenues associated. If you look at the calculation above, you will see that "number of tours" won't affect the Break Even Point. Thus, this action will create "no effect".

7 0
3 years ago
The models for responding to either liked or disliked changes both end in
Nookie1986 [14]
<span>A. 
constructive direction.</span>
6 0
3 years ago
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