<span>Market research tells producers what consumers want and what they're willing to pay.
Marketers perform market research so they can accurately determine who their audience is, what people will buy, how much they will buy and how much they will pay for it. Without conducing this research they could be spending money trying to reach the wrong audience. They could also have their product set too high or too low and potentially lose money/customers.
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A shopping good that someone I know purchased is a dining set.The person conducted online research and compared the different options before settling on the item. The research was also mainly conducted on Google and Amazon. This involved reading peer reviews to decide the best product to purchase. <span> </span>
Answer:
The working capital for 2017 is $15,500
Explanation:
Working capital: It shows a difference between the currents and the current liabilities
In mathematically,
Working Capital = Current Assets - current liabilities
where,
Total current assets = Cash + short-term investments + net accounts receivable + merchandise inventory
= $46,500 + $24,000 + $57,000 + $158,000
= $285,500
And, the current liabilities = Accounts Payable + Salaries Payable
= $133,500 + $17,000
= $150,500
Now put these values to the above formula
So, the value would equal to
= $285,500 - $150,500
= $15,500
Fixed Costs: 420,000
Variable Costs: 65%
Your BREAK-EVEN Point is: $1,200,000 USD or 600 Units @ $200 Each
Answer:
The correct answer is: Organic organizational structure
Explanation:
Organic organizations, also known as the organismic organization, is a flexible organizational structure that is capable of adapting the incorporated changes.
In such an organization, there is <u>minimum job specialization and hierarchy.</u> The workers of an organic organization have <u>no job descriptions and rigid procedures</u>. It contains <u>multi-talented workers that are capable of performing variety of tasks. </u>
Therefore, an organic organization is the most adaptive organizational structure as it can quickly adapt and respond to changes in environment.
<u>Therefore, Phone Tech is utilizing an </u><u>organic organizational structure.</u>