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ahrayia [7]
3 years ago
6

Gadgetbug, an electronic gadgets company, has established itself as one of the industry leaders. The company has been facing com

petition from new entrants. The new entrants offer gadgets in different colors, with compelling artwork embossed on the cases. Seeing the interest in this market, Gadgetbug introduced its own range of uniquely designed gadgets.
In this scenario, Gadgetbug's attempt to cater to the different segments of customers to deter competition demonstrates:

A) price signaling
B) product proliferation
C) harvest strategy
D) limit price strategy
E) diseconomies of scale
Business
1 answer:
RSB [31]3 years ago
6 0

Answer:

B. product proliferation

Explanation:

Product proliferation -

It refers to the practice of making variation on the same product , in the market , is referred to as product proliferation .

various innovative and latest method of packaging , sizes and color are used , to attract the consumers .

The method is used to deal with the upcoming competition and attract the consumers .

Hence , from the given scenario of the question ,

The correct answer is B. product proliferation .

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3 0
3 years ago
Read 2 more answers
In July, Lane Co. sells merchandise to Avery Co. on account. In August, Avery pays the balance in full. The entry that Lane will
grandymaker [24]

The entry that Lane will make to record the receipt of cash will include a credit to the: a. Accounts Receivable.

<h3>What is Accounts Receivable?</h3>

Accounts Receivable can be defined as the amount a company is expected to receive from their clients or customers for the goods and service they rendered to their clients.

Based on the information given the appropriate journal entry to record the transactions is:

Debit Cash

Credit Account receivable

(To record the receipt of cash)

Inconclusion the entry that Lane will make to record the receipt of cash will include a credit to the: a. Accounts Receivable.

Learn more about account receivable here:brainly.com/question/24848903

7 0
1 year ago
Hodgkiss mfg., inc., is currently operating at only 94 percent of fixed asset capacity. current sales are $740,000. how fast can
tangare [24]

Sales grow before any new fixed assets are needed is $156,480.

Fixed assets , additionally known as lengthy-lived assets or property, plant, and equipment, are a time period utilized in accounting for belongings and belongings that cannot without difficulty be converted into cash. fixed properties are one of a kind from modern assets, along with coins or bank accounts, due to the fact the latter is liquid belongings.

currently operating = 94 percent

current sales = $740,000

Full capacity sales = current sales/ Current capacity utilisation

                               = 500000/0.94

                               = $531,914.89

Percentage of fixed assets to full Capacity Sales = Fixed Assets / full Capacity Sales

                                                                                 = 400000/531914.89

                                                                                 = 0.752

Total Fixed assets Needed for New Sales = 74000*0.752

                                                                      = 556480

Additional Fixed Assets needed = 556480 - 400000

                                                      = $156,480   answer.

Learn more about fixed assets here:-brainly.com/question/25746199

#SPJ4

7 0
1 year ago
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