Answer:
Cost of goods manufactured= $228,700
Explanation:
<u>To calculate the cost of goods manufactured, we need to use the following formula:</u>
cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP
cost of goods manufactured= 25,500 + (46,000 + 75,500 - 39,500) + 100,500 + (68,500 - 11,800) - 36,000
cost of goods manufactured= $228,700
We deduct the indirect material from overhead because it is already incorporated into direct materials.
Answer:
The answer is (a) False (b) False (c) True
Explanation:
Solution
(a)Businesses that do not acquire a differentiation,focus strategy, or low-cost leadership, is liable to be more successful than businesses that do adopt these strategies - False because Companies or business does not necessarily need to adopt differentiation methods or low cost leadership, they might have their own market strategy to succeed.
(b) Employee abilities to develop innovative products are important for companies that use a low-cost leadership strategy - False
.
(c) Companies that use a focus strategy have narrow buyer groups -Focus strategy : This strategy is used when a company knows its segment and has products that can competitively satisfies its needs.In this case it is true.
Answer:
- Sacred consumption
- Profane consumption
Explanation:
This differentiation is based on special religious events (e.g. religious holidays) that considered some goods as sacred, while profane had to do with everyday life.
Some modern marketing strategies try to build sacred brands. For example, Google has become our God of all knowledge and no one even dares to challenge that almost religious belief. Anyone can make their own coffee or buy coffee at any coffee shop, but Starbucks is different, it has built a sense of emotional connection with the public. It's not any coffee that we need or want.
Answer:
niche marketing
Explanation:
Niche marketing -
It refers to as one of the subset of the market , which focus on certain products , is referred to as niche marketing . It is also known as small market segment .
It tries to focus on some specific needs of the market , the production and quality of the goods and services .
It tries to support smaller companies in order to live with the highly competitive market .
Hence , from the given scenario of the question ,
The correct answer is niche marketing .
Answer:
Jason's performance appraisal may be unfair due to likeability.
Explanation:
The criteria that influence Jason's evaluation are not only his accomplishments. His low rates are based on the sympathy others feel or don't feel for him, which obviously doesn't affect his productivity, effectiveness or doesn't prevent him from completing his tasks successfully. It is an unfair performance review because it is based on how the others feel about Jason and it puts aside his goals.