Fixed expenses don't change (very often)
The biggest fixed expenses you'll have in college are tuition, room and board, as well as your car payment (if you have one), car insurance premiums (if you have a car), as well as your wireless plan and internet service.
<span>A shoe department carries more than 55 different styles of white sandals. this is a description of the shoe department's merchandise depth.
When you mix the product (merchandise) depth (variety) and product breadth (full amount) you are left with the </span>product or merchandise mix. In this case, a shoe department store that has 55 styles, has a large merchandise or product depth.
Cannibalization occurs when a producer offers a new product that takes sales away from its existing products: TRUE
<h3>
What is cannibalization?</h3>
- Cannibalization in marketing strategy refers to a decrease in sales volume, sales revenue, or market share of one product when the same company releases a new one.
- Cannibalization occurs when a manufacturer introduces a new product that competes with its existing items.
- Market cannibalization occurs when a corporation introduces a new product that replaces one of its existing ones.
- When a new product is identical to an old one and both share the same client base, market cannibalization occurs.
Therefore, the statement "cannibalization occurs when a producer offers a new product that takes sales away from its existing products" is TRUE.
Know more about cannibalization here:
brainly.com/question/5421107
#SPJ4
The correct question is given below:
Cannibalization occurs when a producer offers a new product that takes sales away from its existing products. TRUE or FALSE
Answer: $7200
Explanation:
From the question, we are informed that On January 2, 2020, Howdy Doody Corporation bought 12% of Ranger Corporation's common stock for $50,000.
We are further told that during 2020, Ranger declared and paid a dividend of $60,000 and that on December 31, 2020, the fair value of the Ranger stock owned by Howdy Doody had increased to $70,000.
The amount that Howdy Doody show in the 2021 income statement as income from this investment will be:
= $60,000 × 12%
= $60,000 × 0.12
= $7,200
Answer:
increased customer purchases and positive word of mouth
Explanation:
Sam was called in to meet with his boss, Tricia. He was afraid he was going to be fired for the mistake he had made dealing with an important customer of the store. Instead, Tricia explained that he had handled the situation well, listening to the customer and finding a fair solution. Tricia commented, "Even more importantly, working the way you did to correct the error could result in <u>increased customer purchases and positive word of mouth.</u>
Tricia has not discouraged Sam, this is to motivate him, so that he can improve his communication skills to deal with the customers. Dealing with customers will result in that customers being aware of the fact that the customer service at the company is cooperative and good at dealing with the issues.