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lozanna [386]
3 years ago
6

Doris lewis owns lewis edibles, inc., a company that makes tongue tinglin' bbq sauce. she wants to target local people who like

the special blend of flavors found only in north carolina barbecue sauce. in developing a marketing strategy to sell the sauce, lewis decided to join goodness grows in north carolina, a specialty food association that advertises local products and distributes them to local supermarkets and gourmet shops. lewis has just
Business
1 answer:
guajiro [1.7K]3 years ago
4 0
I had to look for the options and here is my answer:
Based on the given description above about Doris Lewis who owns Lewis Edibales, Inc., which is a company who makes BBQ sauce and wants to mix goodness that grows in North Carolina, what Lewis is doing is taking marketing actions in order to reach target markets.
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Foster, who owns a successful business with two locations and a few international clients, was approached by a large organizatio
torisob [31]

Answer:

C) can get started more easily and maneuver faster

Explanation:

A small business (sole proprietorship, partnership, limited liability company) can maneuver much faster than any corporation simply because the owners are the managers of the business. The owners do not have to ask anyone for permission to make any decisions or decide new business activities. Also, last but not least, you are your own boss, and that is priceless.

Small businesses are also much easier to set up and do not require a lot of paperwork and authorizations to start operating.

3 0
3 years ago
Which of the following statements about depreciation is correct? When depreciation expense is incurred, cash balances are reduce
Ksju [112]

Answer:

The correct answer is letter "B": Depreciation reduces the book value of assets .

Explanation:

Depreciation shows how much and the value of the assets was used up. This also aims to balance an asset's cost to the revenue that the asset has helped the business gain. Used as an income tax deduction, depreciation calculations offer businesses an annual allowance for the use and deterioration of tangible (physical) assets.

<em>Depreciation reduces the book value of assets because, after the depreciation calculation is done, the amount computed decreases the current value of the asset it represents.</em>

6 0
3 years ago
Orion Steel is the chief provider of metals to Accline Cars, which manufactures twomodels of vehicles-cars and large buses. Accl
lesya [120]

Answer:

E. a conflict between Accline Cars and its dealers.

Explanation:

As for the information provided,

We know a vertical conflict refers to a kind of conflict between two different people in the same channel of sales, in which they are not on the same level.

The conflict between Accline cars and its dealers is a conflict in the same chain, in between two different people, and at two different positions.

This clearly demonstrates that the conflict is in between the supplier and the dealer, within the same chain representing a vertical chain.

6 0
3 years ago
Which of the following would be considered a subtopic for a mind map?
snow_lady [41]

Answer:

Free youngboy

Explanation:

and blogging would be considrerd the sub

3 0
3 years ago
Read 2 more answers
Consider an offer to supply 5 paintings per year to an art gallery in Rome for the next five years. The contract is exclusive, m
IceJOKER [234]

Answer:

I will accept the offer if the price per painting is $56,312.41 or higher.

Explanation:

We will calculate the present value of the other option which is, selling our painting as a freelancer.

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 315,000.00

time 5

rate 0.2

315000 \times \frac{1-(1+0.2)^{-5} }{0.2} = PV\\

PV $942,042.8241

Now, we subtract the signing bonus of 100,000

942,042.83 - 100,000 = 842,042.83

And solve for the annual proceeds from the painting we need to equalize the opportunity cost:

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV 842,042.83

time 5

rate 0.2

842042.83 \div \frac{1-(1+0.2)^{-5} }{0.2} = C\\

C  $ 281,562.03

Now, we divide by the 5 painting per year:

$281,562.03 per year / 5 painting per year = $56,312.41

3 0
3 years ago
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