Conducting market research on your target audience before building a marketing plan allows you to understand your customers/clients and their needs. By completing a marketing plan that includes demographical research as well as spending and purchasing goals and plans, you can understand how to adjust each of the 4 Ps (Price, Place, Promotion, and Product) to create value for your customers and differentiate your product in the marketplace.
The value of money grows fast during hyperinflation.
Hyperinflation is defined by fast and unrestricted price rises in an economy, generally at rates greater than 50% per month over time. In times of war and economic turbulence in the underlying manufacturing sector, along with a central bank creating an excessive quantity of money, hyperinflation can arise.
As essential items such as food and gasoline become limited, hyperinflation can cause price increases.
While hyperinflations are uncommon, once they start, they may quickly spiral out of control.
Therefore, the correct option is rises rapidly.
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Answer:
The answer is: D) frame
Explanation:
A human sampling frame is a list of individuals that you can draw a sample from.
For example, the firefighters bought the list of donors for finding potential donors for their cause. This list of donors would be considered the sampling frame and the donors that actually donate to them would be the sample.
Answer:
Direct material price variance
= (Standard price - Actual price) x Actual quantity purchased
= ($2.2 - $2.10) x 80,000 units
= $8,000 (F)
Actual price = <u>Actual material cost</u>
Actual quantity purchased
= <u>$168,000</u>
80,000 pounds
= $2.10
Direct material quantity variance
= (Standard quantity - Actual quantity used) x Standard price
= (77,500 - 80,000) x $2.20
= $5,500(A)
Standard quantity = 31 pounds x 2,500 planters = 77,500 pounds
Explanation:
Direct material price variance is the difference between standard price and actual price multiplied by actual quantity purchased. The actual price is obtained by dividing the actual cost of material by the actual quantity purchased.
Direct material usage variance is the difference between standard quantity and actual quantity used multiplied by standard price.
The standard quantity is obtained by multiplying the standard quantity for each planter multiplied by the number of planter produced.
<span>to print out graphs, work out money related calculations etc. Also to track how much money is being put in and taken out of a persons/clients bank account </span>
