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ozzi
3 years ago
11

When Get the Glare Out needed some information about the potential market for its product, the marketing team looked to the Inte

rnet to find industry trends and at the market for eyewear products, which uses the same technology that is used in its self-darkening windshield. The type of information the marketing team was using is referred to as Multiple Choice surveys. focus groups. primary data. secondary data.
Business
1 answer:
Romashka [77]3 years ago
4 0

Answer:

secondary data.

Explanation:

Market research can be defined as a strategic technique which typically involves the process of identifying, acquiring and analyzing informations about a business. It involves the use of product test, surveys, questionnaire, focus groups, interviews, etc.

Secondary market research can be defined as a method designed to determine the demographics of a particular target market.

A secondary data can be defined as any form of data that has been obtained or collected earlier by someone else through primary sources for their own purpose and made readily available for other researchers to use. Thus, a secondary data is a type of data that has been previously obtained or collected.

In this scenario, the type of information the marketing team was using is referred to as secondary data because it looked to the Internet to find industry trends and at the market for eyewear products, which uses the same technology that is used in manufacturing its self-darkening windshield.

In conclusion, a secondary data is typically reliant or based on the primary source of information and as such it isn't a first hand experience.

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Goodmark Company produces two types of birthday cards: scented and regular. Expected product data for the coming year are given
pochemuha

Answer:

Setups: $ 144,000

Moving materials: $72000

Machining: $22,200

Inspection:  $17,777.78

Explanation:

Goodmark Company

                Scented Cards        Regular Cards             Total

Units produced 20,000             200,000 -

Prime costs    $160,000        $1,500,000               $1,660,000

Direct labor hours 20,000       160,000                     180,000

Number of setups 60                   40                                 100

Machine hours        10,000         80,000                      90,000

Inspection hours      2,000         16,000                         18,000

Number of moves      180             120                              300

<em>First we find the rate by dividing the overhead costs with the corresponding cost driver as follows.</em>

Overhead costs:                               Rate

Setting up equipment $240,000 = Setting up equipment / Number of setups=$240,000/100=2400

Moving materials 120,000   =   Moving materials/Number of moves

                                               120,000/300=400

Machine 200,000         =   Machining/Machine hours    

                                        =  200,000/ 90,000=2.222

Inspecting   160,000  =  Inspection/Inspection hours

                                        = 160,000/18000= 8.89

<em>Now we find the overhead applied to the scented cards by multiplying the rate to the  corresponding overhead activity of the scented cards.</em>

Activity                        Rate                Scented Cards

Setups:                        2400                   2400*60=$ 144,000

Moving materials:       400                    400*180= $72000

Machining:                    2.22                  2.22*10,000=$22,200

Inspection:                   8.89                  8.89*2000= $17,777.78

8 0
3 years ago
Compute darryl's total social security and Medicare taxes for the third quarter, if she is self-employed and earns $1,020.00 on
sergejj [24]

Answer and Explanation:

The computation of the total security and medicare tax is shown below:

Here we assume the social security and medicare tax is 12.4% and 2.9% respectively

So, first we compute the total earnings which is

= $1,020 × 13 weeks

= $13,260

Now the taxes are

= $13,260 × 12.4% + $13,260 × 2.9%

= $1,644.24 + $384.54

= $2,028.78

6 0
3 years ago
Thad Morgan, a motorcycle enthusiast, has been exploring the possibility of relaunching the Western Hombre brand of cycle that w
AleksandrR [38]

Answer:

Explanation:

a. Break even in unit sales =  (Fixed expenses ) ÷ (Contribution margin per unit)

= $1,890,000 ÷ ($14,000 - $9,800)

= 450  units

b. Margin of safety = Expected sales - break even sales

= ($14,000 × 600) - ($14,000 × 450)

= $2,100,000

Contribution margin  = Sales - Variable cost

= ($14,000 × 600) - ($9,800 × 600)

= $2,520,000

Profit before earning and tax  = Contribution margin - Annual fixed cost

= $2,520,000 - $1,890,000

= $630,000

c. Degree of operating leverage = Contribution ÷  Profit before earning and tax

= $2,520,000 ÷ $630,000

= 4

d. Loss on Net operating income = (Sales) - (Variable cost) - Fixed expenses

=($11,000 × 600) - ($9,800 × 600) - $1,456,000

= -$736,000

5 0
3 years ago
according to the international data corporation (idc), what is that crucial ability that will make cloud computing essential for
Fofino [41]

According to the International Data Corporation (IDC), the crucial ability that will make cloud computing essential for businesses to succeed, sustain, and compete in today’s markets is D. Data-driven decisions.

<h3>What are data-driven decisions?</h3>

A data-driven decision is the use of facts, metrics, and data to guide strategic business decisions to align with organizational future goals, objectives, and current initiatives.

Data-driven decisions enable organizations to observe real data and gain predictive insights, enabling the organization to achieve efficiency and effectiveness in its operations.

Thus, according to the International Data Corporation (IDC), the crucial ability that will make cloud computing essential for businesses to succeed, sustain, and compete in today’s markets is D. Data-driven decisions.

Learn more about data-driven decision-making at brainly.com/question/17651028

#SPJ12

4 0
1 year ago
Which of the following is NOT true of confidence interval estimates of the difference between two population proportions?
docker41 [41]

Answer: D. A confidence interval is used to test a claim about two population proportions.

Explanation: Confident interval estimate is a type of estimate computed from statistics of observed data.

The confident interval estimate of the difference between two population proportions will use a standard deviation based on estimated values of the population proportion. The confident interval will be used to estimate the difference in the two population proportions, but it will not be used to test claim about two population proportions because it can not.

6 0
3 years ago
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