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mihalych1998 [28]
3 years ago
14

Fast fine foods markets some of its products to consumers looking for simple quick meals. Fast find foots also offer another lin

e of products targeted to to people interested in low-fat, high nutrition foods. The companies strategy of dividing the market into groups that want similar things from the products they buy is an example of
Business
1 answer:
k0ka [10]3 years ago
4 0

Answer: Market segmentation

Explanation:

Market segmentation is when a market is being divided based on the customers needs. Customers with similar characteristics or needs are grouped together.

Market segmentation helps a business in reaching customers with similarbjeeds quicker and this leads to improvement in satisfaction and customer relationships. This is the method used by Fast fine foods.

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As she digs deeper into the data, Ophelia realizes that while discounters do have a high profit level, discounters are quite low
zlopas [31]

Answer: Return on sales is calculated based on sales volume and not profit

Explanation:

This can be explained by understanding the scenario; the price that discounters pay is lower than any other channel. Discounters have high variable cost, they only pay $52 for the Russel with 41percent return on sales. They also larger fixed costs than the other channels and the return on sales is calculated based on sales volume and not profit.

7 0
3 years ago
Bjorn felt that the focus groups did not give him enough quantitative information to make a decision, so he directed his manager
klio [65]

Answer:A

Explanation:

Veracity : This simply means conformity with truth or facts. Since Bjorn felt that the focus group did not give him fact, he would hereby, adopt veracity to achieve his secondary research.

4 0
3 years ago
The ​short-run effect of consumers becoming more pessimistic will be for the
Bogdan [553]

Answer:

The correct answer is option A.

Explanation:

In case the consumers have a pessimistic tendency towards the future, they would expect the economy to face a downturn. They will, as a result, save their income and wealth for the future.  

This would cause a decline in consumer spending and the aggregate demand curve will move down to the left.  

An increase in consumer confidence, on the other hand, would cause consumer spending and aggregate demand to increase.

7 0
3 years ago
XYZ Company ended year 1 with accounts receivable of $100,000. On February 1, Year 2 XYZ provided services on account for $40,00
avanturin [10]

Answer:

Account at December 31th, Year 2: 210,000

Explanation:

We work this using the following reasoning

beginning accounts receivable

<u>+ sales on accounts </u>

Total amount to collect

<u>- collection through the period</u>

ending accounts receivable

year 2

beginning accounts receivable 100,000

+ February 1st sale on account   40,000

+ November 1st sale on account <u>70,000</u>

total amount to collect               210,000

As we are not given with any data for collection we assume is zero.

Therefore ending AR balance:

210,000 - 0 = 210,000

8 0
3 years ago
On January​ 1, 2019, Castle Services issued $ 174 comma 000 of sixminus ​year, 12 ​% bonds when the market interest rate was 11
Marysya12 [62]

Answer: Debit: Interest expense $9900

Debit: Premium on bonds payable $540

Credit: Cash $10440

Explanation:

First and foremost, the cash payment will be calculated as:

= $174,000 × 12% × 6/12

= $174,000 × 0.12 × 0.5

= $10440

Interest expenses will be calculated as:

= $180000 × 11% × 6/12

= $180000 × 0.11 × 0.5

= $9900

Therefore, the journal entry to record the first interest​ payment would be:

Debit: Interest expense $9900

Debit: Premium on bonds payable $540

Credit: Cash $10440

8 0
3 years ago
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