Answer: rigid customer base
Explanation: The reason behind the ongoing success of radio industry is that over 90% of individuals in the world, especially in western countries, still listens to audio in their free time once or twice in a given week, thus making it an attractive platform for different business entities to advertise their products.
Thus, because of that rigid customer base, the radio industry is still making millions.
Answer:
Manufacturing overhead volume variance= $1,200 unfavorable
Explanation:
<u>First, we need to calculate the predetermined overhead rate:</u>
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Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Fixed Predetermined manufacturing overhead rate= 1,200,000/240,000
Fixed Predetermined manufacturing overhead rate= $5 per machine hour
<u>Now, to calculate the fixed manufacturing overhead volume variance, we need to use the following formula:</u>
<u></u>
Manufacturing overhead volume variance = Actual Factory Overhead - Budgeted Allowance Based on Standard Hours
Manufacturing overhead volume variance= (101,200) - (5*20,000)
Manufacturing overhead volume variance= $1,200 unfavorable
Answer:
A. -
Explanation:
First Mover Advantage (FMA) is a marketing or business strategy where the advantage is gained by the initial significant occupant of a market segment.
Capricorn creative inc. being the first to identify the potential in Brazil and make investments is now benefiting from brand loyalty amongst others. By being the first mover/initial they gained competitive advantage in what looks like a monopoly-like status.
It is important to note that not all first movers tho are rewarded. This occurs mostly if the first mover doesn't capitalize on its advantage. In this situation it then becomes first-mover disadvantage.