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3 years ago

13

A small self-service store that is open long hours and carries a narrow product assortment in convenient locations is best descr

ibed as what?

1 answer:

xz_007 [3.2K]3 years ago

5 0

A convenience store.

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What is product positioning?

Lera25 [3.4K]

Answer:

Product positioning is a form of marketing that presents the benefits of your product to a particular target audience. Through market research and focus groups, marketers can determine which audience to target based on favorable responses to the product.

Research can also determine which product benefits are the most appealing to them. Knowing this information helps streamline marketing efforts and create effective marketing messages that drive more leads and sales. It also helps differentiate the product or service from the competition in the marketplace.

Product positioning is an important component of any marketing plan, but it doesn’t have to be limited to one audience. For example, a product may have a main target audience and also a secondary audience that is also interested in the product, but perhaps in a different way. Each audience will find the product appealing for different reasons, which is why it’s important to tailor marketing messages to focus on the benefits each audience values most.

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3 years ago

Read 2 more answers

Jesse wants me to recommend a data conversion plan (2) and a changeover method (1) for tims. she also wants a plan for post-impl

jarptica [38.1K]

I DONT KNOW THE aNSWER DONT ASK MEE

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3 years ago

On December 31, 2021, Coolwear Inc. had balances in Accounts Receivable and Allowance for Uncollectible Accounts of $44,500 and

Readme [11.4K]

Answer:

Bad debt expense for 2022 would be $3,850

Explanation:

Bad debt expenses are expenses incurred by a company as a result of debt owed to it by it's debtors.It therefore means that debtors are not able to pay back the money owed to the company.

Bad debt expense for Coolwear Inc would be =

Allowance for uncollectible accounts - (Uncollectible accounts balance - Accounts receivable written off)

= $5,000 - ( $1,800 - $650)

= $5000 - $1,150

= $3,850

6 0

3 years ago

. Suppose absolute purchasing power parity holds. The exchange rate between British pounds and US dollars is British pound 0.75

svetoff [14.1K]

The stereo would cost 3750 British pound in Britain at the prevailing exchange rate.

Explanation:

Given details-

The exchange rate between the British pound and US Dollar- 0.75 British pounds for 1 USD

Cost of the stereo= 5000 USD

Proportionate cost of the stereo in the British pound-

Exchange rate conundrum can be understood in the following way easily-

It means that for every 1 USD, a person in Britain would shell out 0.75 British pounds. In other words, the British pound is dearer than USD.

Since the cost of the stereo is 5000 USD and 1 USD is 0.75 British pound

5000 USD would equal 5000* 0.75 British pound= 3750 British pound

cost of the stereo is 3750 British pound

3 0

3 years ago

Activity-Based Costing: Factory Overhead Costs The total factory overhead for Bardot Marine Company is budgeted for the year at

soldier1979 [14.2K]

Answer:

a. Activity rates for each activity

Fabrications = $18/dlh

Assembly = $7/dlh

Setup = $450/setup

Inspection = $230/inspection

b. Activity-based factory overhead per unit for each product

Speed Boats = $124.532

Bass boats = $302.068

Explanation:

Provided there are various activities as follows

Activity Cost Speed Boats Bass boats Total activity

Fabrications $522,000 7,250 dlh 21,750 dlh 29,000 dlh

Assembly $182,000 19,500 dlh 6,500 dlh 26,000 dlh

Setup $195,750 52 setups 383 setups 435 setups

Inspection $166,750 91 inspections 634 inspections 725 inspt.

a. Activity rates for each activity

Fabrications = $522,000/29,000 dlh = $18/dlh

Assembly = $182,000/26,000 dlh = $7/dlh

Setup = $195,750/435 setups = $450/setup

Inspection = $166,750/725 inspections = $230/inspection

b. Activity-based factory overhead per unit for each product

Activity Speed Boats Bass boats

Fabrications 7,250 x $18 = $130,500 21,750 X $ 18 = $391,500

Assembly 19,500 X $7 = $136,500 6,500 X $7 = $45,500

Setup 52 X $450 = $23,400 383 X $450 = $172,350

Inspection 91 X $230 = $20,930 634 X $230 = $145,820

Total of both = $311,330 = $755,170

Total units are 2,500 of each product

Cost p.u. = $311,330/2,500 =$124.532 = $755,170/2,500 =$302.068

a. Activity rates for each activity

Fabrications = $18/dlh

Assembly = $7/dlh

Setup = $450/setup

Inspection = $230/inspection

b. Activity-based factory overhead per unit for each product

Speed Boats = $124.532

Bass boats = $302.068

3 0

4 years ago