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TEA [102]
2 years ago
11

In your own understanding, compare and contrast "business markets versus consumer-goods markets."​

Business
1 answer:
Anna35 [415]2 years ago
3 0

Answer:

Business markets and consumer-goods markets differ in relation to the consumer and the form of operation. Business markets are formed by companies that provide products or services for other companies to manufacture their final products and services. Consumer goods markets, on the other hand, refer to companies that produce products and services already intended for final consumers.

The difference between them is that in business markets there are some significant advantages that reduce competitiveness, such as the creation of a long-term relationship with the customer, since the impact of buying and selling is greater, which also ensures greater stability business, since companies need constant inputs and services for their production of products and services to sell to the final consumer.

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A normative economic statement can be proved or disproved by reference to facts?
Leto [7]

No, A "Normative economic statements are those statements that cannot be either proved or disproved with reference to facts."

However, "Positive economic statements are those statements which can be either proved or disproved with reference to facts."

6 0
3 years ago
Selected sales and operating data for three divisions of different structural engineering firms aregiven as follows: Division A
FinnZ [79.3K]

Answer and Explanation:

The computation is shown below:

A.

Return on investment = Margin × Turnover

Now

= (Net operating income ÷Sales) × (Sales ÷ Average operating assets)

Division A = ($414,000 ÷ $6,900,000) × ($6,900,000 ÷ $1,725,000)

= 6% × 4

= 24.00%

Division B = ($1,090,000 ÷ $10,900,000) × ($10,900,000 ÷ $5,450,000)

= 10% × 2

= 20.00%

Division C = ($325,000 ÷ $10,000,000) × ($10,000,000 ÷ $2,500,000)

= 3.25 × 4

= 13.00%

B.  

Residual Income = Net operating income - (Minimum required rate of return × Average operating assets)

Division A = $414,000 - (19% × $1,725,000)

= $414,000 - $327,750

= $86,250

Division B = $1,090,000 - (20% × $5,450,000)

= $1,090,000 - $1,090,000

= $0

Division C = $325,000 - (16% × $2,500,000)

= $325,000 - $400,000

= ($75,000)

3 0
2 years ago
At Polar Sportswear, orders have significantly exceeded projections, and Chris, the operations director, has decided to hire for
Viktor [21]

Answer:

Variable

Explanation:

As we can see that there is no fixed point that represents there is not a fixed budget also the company not using the zero or cash budget based and the incremental would be used at the time when the demand is in constant

So the option i.e. left is variable budget and hence, the same is to be considered

Therefore the last option is correct

4 0
3 years ago
Where the combined strength of two items is greater than the sum of their individual strengths. In the media business, this term
ddd [48]

Answer:

The correct answer is: Synergy.

Explanation:

The term synergy means cooperation and its most frequent use was, until now, in the field of medicine, where the synergistic effect of two organs is discussed as the improvement that is produced by the fact that these organs work together.

Applied to the business world, synergy is the production of additional effects that results from the joint work of two or more organizations, taking into account that those effects would not occur if those organizations acted separately.

Synergy in operational activities are those that apply to a function or resource in which the consequences of that collaboration are manifested. It can be synergies in marketing, such as those created when using sales channels, after-sales services or even common logistics; synergies in supplies, which generate benefits in purchase prices or payment conditions for volume purchases or transformation synergies or other operational activities, share production or management schedules or controls, etc.

4 0
3 years ago
For all facebook pages, the conversion rate would be calculated as the percentage of visitors to the page who click the "like" b
Vika [28.1K]
The answer is FALSE because a conversion happens when a visitor to the page does whatever the marketer hoped he or she would do. The objective of the marketer will repeatedly be to get visitors to like the page in which case the question correctly defines how to calculate the conversion rate. In other cases, the goal might be for visitors to print a coupon and take it to the store, to book a plane booking or to post a comment or photo. In general, Conversion rates are a measure that specified what percentage of potential customers act as the marketer hopes, and by clicking, buying or donating. 
4 0
3 years ago
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