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Lapatulllka [165]
3 years ago
5

Explain how test-marketing can increase profits.

Business
1 answer:
kirill [66]3 years ago
7 0

Answer:

Test marketing holds a lot of importance for the company. It allows

the company to test their product in a small region so as to get an

idea whether the product will work in a bigger market or not.

Through this, the company can measure the performance of the

product and can decide whether it should be released nationwide

for sale. Through this, the company can estimate the earnings that

can be earned through this product beforehand.

Explanation:

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Identify and analyze a department in your organization that experiences frequent equipment or process failures. If you are not c
lord [1]

Answer:

Find the explanation below.

Explanation:

The name of my organization is Prime Plc. known for the production of confectionaries. The Production Department in my organization has been experiencing frequent equipment failures quite recently. A close investigation showed that the delays were caused by a breakdown of the sugar mills, mixers and, coating machines. This has resulted in delays in the production process. To improve these failures, I believe that the organization should:

1. Employ Technicians who can quickly carry out repair work on these machines when they breakdown instead of outsourcing the repair work for this would take a longer amount of time to get the machines up and running.

2. Introduce the periodic maintenance of these machines. Machines are subject to wear and tear, so I would suggest that the maintenance of these machines is carried out within intervals of three months.

3. Train the production personnel on the proper usage of these machines. Production personnel should be updated on current and effective ways of handling machines so as to guarantee their safety and longer use.

4. Make provisions for backup machinery and equipment. The organization would do well to purchase backup equipment especially for machines that the organization cannot do without so that in the event of an equipment failure, the production process would not be stalled.

When these measures are considered, there would be a significant improvement in the production department.

8 0
3 years ago
Janitor supply produces an industrial cleaning powder that requires 40 grams of material at $0.10 per gram and .25 direct labor
Mice21 [21]
Direct material
0.1×40
=4
Direct labor
12×0.25
=3
Manufacturing overhead
18×0.25
=4.5

the total standard cost for one unit of product is
4+3+4.5=11.5....answer
6 0
3 years ago
Given the institutional differences between European and Eurasia markets, what are the main challenges faced by TeliaSonera in E
Reptile [31]

Answer:

The European market and Eurasia markets are different in many ways.

Explanation:

The legal, economic and the regulatory systems in each of the country in Eurasia are highly bureaucratic, although market economy is in different phase transition. The operation of TeliaSonera in Eurasia tries to utilize the know-how mainly in communication, investments and infrastructure where institutional framework are in transitional phase from planned to the market economy and is its weaker than in Europe.

TeliaSonera, due to their weak institutional regulations and settings, faces challenges in Eurasia specially in the former USSR.

6 0
3 years ago
In Lizzie Shoes’ experience, gift cards that have not been redeemed within 12 months are not likely to be redeemed. Lizzie Shoes
Romashka [77]

Answer:

Explanation:

In 2016, She should recognize 4000+3000+2500+2000=11500, because the gift cards in amount of $11500 were redeemed

In 2017, the remaining revenue should be recognized 18000-11500=6500

4 0
3 years ago
A notary signing agent is asked to describe several of the loan terms at a signing appointment.
Fed [463]

We as mobile notary loan signing agent are limited on what we are capable of answer on real estate loan package.


We can tell the buyer about the payment and interest. Anything else the buyer will have to call who the loan originator for more detail info.

7 0
3 years ago
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