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Bumek [7]
3 years ago
8

Which of the following is an example of cause-related marketing?

Business
1 answer:
melomori [17]3 years ago
8 0

Answer: Option (C)

Explanation:

Cause-related marketing is referred to as or defined as the type of (CSR) corporate social responsibility under which an organization's promotional campaign tends to have dual purpose i.e. increasing the profitability while also bettering the society. Cause-related marketing tends to usually describe a subset of the cause marketing that tends to involves cooperative efforts produced by an for-profit and non-profit business for the mutual benefit.

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Select the best answer for the question.
Lorico [155]

Answer:

QC

Explanation:

US dollar used to be backed by gold but this is not the case anymore. US dollar being as a flat currency is backed by governemnt through federal reserve.

6 0
3 years ago
XYZ Company recorded the following information related to their inventory accounts for 2020: January 1, 2020 December 31, 2020 D
Zanzabum

Answer:

Complete question is:

XYZ Company recorded the following information related to their inventory

accounts for 2020:

                         January 1, 2020        December 31, 2020

Direct materials               37,000                   50,000

Work in process                38,000                   41,000

Finished goods                 22,000                   34,000

The following information was taken from XYZ Company's accounting records

for 2020:

Sales revenue ...........................................   $630,000

Direct materials purchased ..............................       ?

Depreciation, factory equipment .........................     34,000

Prime costs .............................................    250,000

Utilities (60% for factory; 40% for office building) ....     20,000

Sales commissions .......................................       ?

Indirect materials ......................................     25,000

Depreciation, office equipment ..........................     30,000

Rent, factory building ..................................     56,000

Net income ..............................................     10,000

Direct labor ............................................       ?

Advertising .............................................     75,000

Production supervisor's salary ..........................     81,000

Additional information:

1.  Direct labor comprised 35% of the conversion costs for 2020.

2.  The actual overhead cost for 2020 was equal to the overhead applied

   to production. Thus there was no overhead variance for 2020.

A) Calculate XYZ Company's direct labor cost for 2020.

B) Calculate the direct materials purchased by XYZ Company in 2020.

C) Calculate XYZ Company's sales commissions for 2020.

Answer is:

a) Total overhead = 34000+12000+25000+56000+81000 = 208000

Direct labor = 208000*35/65 = 112000

b) Direct material used = 250000-112000 = 138000

Direct material purchase = 138000+50000-37000 = 151000

c) Sales and administrative expense other than sales commission = 113000

Sales commission = 630000-443000-113000-10000 = 64000

Explanation:

7 0
3 years ago
Vast creative specialises in styling and art direction in the advertising industry.the management of vc wants to change the stru
babunello [35]

Explanation:

Resistance to change occurs when there is some kind of change in the organization, such as changes in the structure of the business, changes in teams, technologies, etc.

This is because there is insecurity in employees, often due to lack of sufficient information about the change and fear of not being able to adapt.

To eliminate employee resistance, company managers must communicate how the change will occur and why it is necessary, listing the positives of the changes and the benefits it will bring to the organization, enabling feedback so that employees feel included and their perception be positive.

5 0
3 years ago
The major brand strategy decisions a firm has to make in building a strong brand begins with brand​ ________ and is followed by
maw [93]
The answer that best fits the blanks above are POSITIONING and NAME SELECTION, respectively. So one of the strategies in developing a strong brand is to start with brand positioning then followed by brand name selection. Brand positioning is also part of marketing and this allows the brand to be occupied in the minds of the customers. On the other hand, brand name selection follows a certain criteria that should be met whether it is interesting, and attracts attention.
3 0
3 years ago
The right side of the balance sheet shows the firm's liabilities and stockholders' equity. Which of the following best describes
Leokris [45]

Answer:

1. Equity is the difference between the company's assets and liabilities.

2. D. $83

Explanation:

Req. A

We know,

The accounting equation is

Total asset = total liabilities + total stockholders' equity

Therefore, total asset - total liabilities = total stockholders' equity

So, we can say that equity is the difference between the company's assets and liabilities. However, equity cannot be claimed before the liabilities. Therefore, the option "A" is the correct answer.

Req. B

                          Now Inc.

      Statement of retained earnings

For the year ended, December 31, 20XX

Beginning retained earnings (Last year)                $527

Add: Net Income (Current year)                                 176

Less: Dividend (Balancing)                                   <u>     </u><u>(83)</u>

Ending retained earning (Current year)                 $620

Calculation: $(527 + 176 - 620) = $83

Therefore, the option "D" is the correct answer.

3 0
3 years ago
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