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s344n2d4d5 [400]
3 years ago
7

While viewing businesses in terms of customer needs can suggest additional growth opportunities, a ________ definition tends to

focus on selling a product or service to a current market.
A) strategic marketB) target marketC) cognitiveD) productE) tactical
Business
1 answer:
Vladimir [108]3 years ago
6 0

Answer:

B) target market

Explanation:

Target market -

It is the group of customers , who are specifically targeted by the company to sell the goods and services , is known as target market .

The company usually directs its attention towards these people , while producing the goods and services .

The target market depends on the income , lifestyle and location of the consumer .

Hence , from the question , the correct term for the given information is target market .

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Zirconia Fantasy sells only necklaces. 8 comma 000 units were sold resulting in $ 240 comma 000 of sales​ revenue, $ 60 comma 00
Naya [18.7K]

Answer:

$66,667

Explanation:

Contribution margin = Sales Revenue - Variable cost = 240000-60000 = 180000

Percentage of contribution margin = Contribution margin / sales revenue = 180000 / 240000 = 75%

Breakevent point in total sales = Fixed costs / Percentage of contribution margin

= 50000/0.75 = $66,667

3 0
3 years ago
A statistician prepared a bar chart showing, in descending order, the frequency of six underlying causes of general aviation acc
Zigmanuir [339]

The answer is: Pareto chart

Pareto chart is the combination of line and bar graphs. This type of chart is usually used to present data with frequency of nonoccurence and unite measurement at the same time.(frequency of accidents and number of factors that cause the accidents. )

Other than that, Pareto chart is also commonly used in quality control or searching the highest cause of defects.

5 0
3 years ago
Read 2 more answers
how can the size of the industrial/service sector and the agriculture employment rate indicate the level of industrialization?​
andriy [413]

Answer:

A larger industrial and service sector, and a larger number of people working outside of agriculture, can indicate a higher level of industrialization in the economy and vice versa. This means that the size of industrial service and the sector of agriculture employment rate indicates the level of industrialization because if the agriculture employment is higher than the industrial service it means that the country is not fully developed yet and therefore the level of industrialization is lower. But if the industrial service is higher than the agriculture employment that suggests or indicates that the country is developing or developed. For example in the United States the size of the industrial/service sector is much larger than it's agricultural employment and therefore this should suggest that country is much more industrialized or developed and the United States is. In comparison you take a developing country such as Chad and you can see that the agricultural employment is higher than the size of the industrial/service sector and in relation to this you can see that Chad must have a lower level of industrialization and in fact it does.

Explanation:

4 0
3 years ago
Transactions for Sheridan Company for the month of May are presented below. Prepare journal entries for each of these transactio
babymother [125]

Answer:

May 1

Cash $4,350 (debit)

Common Stock $4,350(credit)

May 3

Equipment $1,055 (debit)

Accounts Payable $1,055 (credit)

May 13

Rent Expense $394  (debit)

Cash $394  (credit)

May 21

Accounts Receivable : Noble Corp $530 (debit)

Service Revenue $530 (credit)

Explanation:

Note that, When stockholders invest cash in exchange of common stock, we recognize the increase in assets of cash and also the increase in equity item common stocks.

6 0
3 years ago
Splish Corporation has retained earnings of $707,000 at January 1, 2020. Net income during 2020 was $1,428,500, and cash dividen
BartSMP [9]

Answer:

Explanation:

Statement of retained earning represent the changes in retained earning balance during the year and accumulated beginning balance of the period and Ending balance as well. It deals with all the adjustment in retained earning like net income transfer  fro the year, dividend paid during the year etc.

                    Splish Corporation

           Retained Earning Statement

  for the year ended December 31, 2020

                                                                          $

Retained Earning at January 1, 2020           707,000

Less: Cash Dividend paid during 2020       85,000

Add: Net Income for the year 2020             <u>1,428,500</u>

Retained Earning ath December 31 2020   <u>2,050,500</u>

5 0
3 years ago
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