Answer:
Marketing strategy.
Explanation:
Marketing strategy is a process of using the marketing mix to satisfy and attract consumer to make a profit for the organization, define as a set of objectives, policies, rules that guide over a time for marketing effort of the firm.
Is a long-term course of action designed to optimize allocation of the scarce resources at the disposal of a firm in delivering superior customer experiences and promote the interests of other stakeholders.
Steps of Marketing Strategy:
• Understand the customer
• Analyze the market
• Analyze the competitors
• Research and Distributions
• Defining the Marketing Mix
• Financial Analysis
• Review & Implementation
Answer:
The correct answer is option 3. $1990
Explanation:
Let's first analyze all the information we have:
We know that the items were originally priced at $ 4,000. With each passing year they lost 11% of their value and 4 years have passed, which leads us to the conclusion that the items lost 44% of their value.
So: (4000 x 44): 100 = 1760
Items are worth $ 1,760 less than before: 4000 -1760 = 2240.
Items now cost $ 2,240. The owner had actual cash value coverage with a deductible of $ 250. That is to say, he must bear this cost, and the rest will be paid by the company. Which brings us to: 2240-250 = 1990.
That is our correct answer.
Answer:
It depends upon the contribution per unit of each product or in other words it depends on composite contribution per unit.
Explanation:
The composition matters a lot because of the fact that every product has its own contribution per unit. So if the product chrome has $1 contribution per unit and standard scooter has $2 contribution per unit. Also suppose that $6 is the total fixed cost. Then the priority to sell must be standard scooter, because it has higher contribution. Secondly if we only sell chrome scooters then total 6 ($6 fixed cost - 6 units * $1 contribution per unit) units must be sold and if we only sell standard scooters then only 3 ($6 fixed cost - 3 units * $2 contribution per unit) units must be sold to breakeven. Suppose, if we reduce standard scooters from 3 scooters to 2 units ($6 fixed cost - 2 units * $2 contribution per unit) then their will be loss of $2 which can be reduced to zero by selling 2 chrome scooters ($2 loss - 2 units * $1 contribution per unit).
So this is how contribution per unit affects the composite breakeven units and most important thing is that if the composite contribution per unit has increased then the breakeven units will decrease and vice versa.
Answer:
The quantity theory of money defends that the money supply has a determining influence on the price level, that is, that the quantity of circulating money will necessarily be imputed to the value of the quantity of commercial operations that are carried out.
Therefore, this theory establishes that the creation of money without increasing the commercial volume (the total amount of tradable goods) will lead to inflation, since it is not really increasing the economic value of an economy, but only the money supply of it, which is "empty" of value, and therefore is coupled with existing commercial transactions.
Answer:
COGS= $81,770
Explanation:
Giving the following information:
Beginning inventory= 477 units that cost $65 each.
Purchases:
715 units at $68 each
364 units at $70 each.
Units sold= 1,197
<u>To calculate the cost of goods sold under the LIFO (last-in, first-out) method, we need to use the cost of the lasts units incorporated into inventory:</u>
COGS= 364*70 + 715*68 + 118*65
COGS= $81,770