1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
miss Akunina [59]
2 years ago
9

WHAT DO YOU MEAN BY MARKET DEVELOPMENT ? EXPLAIN.​

Business
1 answer:
NemiM [27]2 years ago
5 0

Answer:

market development is a strategic step taken by a company to develop the existing market rather than looking for new market .The company looks for a new buyers to pitch the product to a different segment of consumers in an effort to increase sales.

You might be interested in
On May 7, Jernigan Company purchased on account 510 units of raw materials at $18 per unit. During May, raw materials were requi
Paladinen [302]

Answer and Explanation:

The journal entry to record the purchase is shown below;

Materials (510 units × $18) $9,180

          To Accounts payable $9,180

(To record the purchases)

Here the material is debited as it increased the assets and credited the account payable as it also increased the liabilities

Therefore the above journal entry should be passed

3 0
3 years ago
Holly would like to plan for her daughter’s college education. She would like for her daughter, who was born today, to attend co
Ugo [173]

Answer:

Holly must save $2845.81 at the end of each year

Explanation:

first calculate the value of tuition fees at n = 18

Cash flow formula = Tuition × (1+0.07)^{n}

Discounted CF formula = Cash flow ÷ (1+0.10)^{year}

               10.00%              0

Year   Cash flows   Discounted CF

0           33,799.32  33799.32

1          36,165.28  32877.52

2          38,696.84  31980.86

3          41,405.62  31108.66

FV = $129,766.37

PV = 0

N = 18

rate = 10%

using PMT function in Excel

Annual contribution = $2845.81

4 0
3 years ago
Which of the following statements is false?
Paul [167]

Answer:

C

Explanation:

C. online retailing and in-store retailing experience similar rates of product return.

3 0
3 years ago
In 2017, Oriole Corporation reported net income of $1,004,700. It declared and paid preferred stock dividends of $278,600. Durin
nexus9112 [7]

Answer:

$3.62

Explanation:

The dividend distributed to common share = total net income - dividend for preferred stock

=  $1,004,700 -  $278,600

=  $726,100

Earnings per share (EPS) = The dividend distributed to common share / common shares outstanding

= $726,100/ 200700

= $3.62

4 0
3 years ago
Medicaid is federal health insurance program for senior citizens regardless
malfutka [58]

Answer:

False

Explanation:

Medicaid is for all-ages (not just senior citizens) and for low-income Americans.

3 0
3 years ago
Read 2 more answers
Other questions:
  • it is generally agreed that the role of strategy is to: options make best use of resources make profits for the organization mak
    11·1 answer
  • If the economy is normal, Charleston Freight stock is expected to return 16.5 percent. If the economy falls into a recession, th
    9·1 answer
  • Jack is a gamer, and every time he plays at a gaming center, he pays five dollars using a card that he recharges electronically
    5·1 answer
  • Which of the following correctly defines money as a unit of account?
    7·1 answer
  • In the United States, many agricultural products (such as corn, wheat, and rice) are subsidized. What are the benefits of subsid
    12·1 answer
  • Scenario: You are an American Red Cross Disaster Program Specialist in charge of teams trained to help in sheltering displaced p
    5·1 answer
  • Determine the future value if $5,000 is invested in each of the following situations: 7 percent for seven years
    7·1 answer
  • What are the effects of rapid inflation?
    9·1 answer
  • A company has an opportunity to make a bulk sale that would not impact regular sales or total fixed expenses. The variable cost
    14·1 answer
  • The field of accounting that focuses on providing information for external decision makers is.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!