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4 years ago

How does one determine the product or services to be produced and/or to be delivered to the target customers?

2 answers:

8 0

Well for one whoever is producing the product need to look at the areas of which they would like their product to be. Such as the demographics of the area. Another thing you could do is identify the psychographic information (their lifestyle, things people do in the area, etc.)

ELEN [110]4 years ago

6 0

Answer:

Through the market analysis.

Explanation:

Through market analysis the producer will analyze potential consumers of their goods and services. This way, you will perform a survey of income, preferences, demographics, gender, finally, will analyze a set of variables so that your product reaches the target audience, and thus meets them.

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Predictions using the supply-and- demand model for used cars are likely not reliable because consumers know less than suppliers

KonstantinChe [14]

Answer:

The answer is: Not reliable because consumers know less than suppliers about used car quality.

Explanation:

Predictions using the supply and demand (S&D) model are reliable when:

companies sell identical products,
everyone involved (suppliers and consumers) has full knowledge
about the price and quality of the products or services being offered,
both the suppliers and consumers are price takers (have no control to dictate prices), and
the costs of trading are low

If one or more of these conditions are not met, then the S&D model wouldn´t work properly. In this specific case, the suppliers had much information about the quality of the used cars than their customers.

4 0

3 years ago

White says, “Millions of boomers did not land here because of too many trips to Starbucks.” Explain this statement. What conditi

Alexxx [7]

Answer:

chicken

Explanation:

because we love chicken :D

6 0

3 years ago

A sound principle to follow in demand forecasting is to

Vaselesa [24]

One of the most important principle in this regard is the appropriate product history which effects the future demand of the product.

<u>Explanation:</u>

Demand forecasting is to make predictions and forecast the demand of the product that has been produced by a particular firm. Since the demand has to be forecasted and predicted, a lot o factors which might be controllable and might be uncontrollable factors have to be taken in mind to forecast the demand.

The things to be kept in mind in this regard are the history of the product where previous sales will affect the prediction of the future demand, the promotions of the product, the trends and so on.

7 0

3 years ago

Sugar City issued $2 million of bonds to fund the construction of a new city office building. The bonds have a stated rate of in

Kaylis [27]

Answer:

The correct answer here is C) cash account would be debited by $2.02 million and the other financing resource account would be credited by the same amount of $2.02 million.

Explanation:

Sugar city first issued $2 million bonds whose face value was $100 and the number of shares were 20,000, with interest rate of 5%. And after some time those shares were sold at $101 and cash was received , so now the total amount received is 20,000 X $101 = $2.02 million, so the journal entry here would be -

SN PARTICULAR LF DEBIT CREDIT

1 CASH $2.02 MILLION

TO OTHER FINANCING RESOURCES $2 MILLION

( BONDS SOLD @ $101 )

4 0

3 years ago

John Verble worked as a financial advisor for Morgan Stanley Smith Barney, LLC. After nearly seven years, Verble was fired. He f

Ber [7]

Answer: Hang on let me think just letting you know i'm trying to help quickly!!

5 0

3 years ago

Read 2 more answers