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fiasKO [112]
3 years ago
9

Kindly suggest an effective strategy to help new entrants gain a significant share of the financial service market

Business
1 answer:
Svet_ta [14]3 years ago
8 0

Answer:

Franchising.

Explanation:

Franchising is an effective way to enter into market when a person has few or no knowledge about the market conditions. This is most suitable for food chains as there is no or minimum changes required for the operations. It is safe option for new entrants.

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Certain criteria must be satisfied if a measurement or observation is to be believed. will the criteria necessarily be as strict
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All of the following are functions of a knowledge management system EXCEPT: a. designing information systems. b. improving colla
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designing information systems

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3 years ago
Nebraska Company uses the weighted-average method in its process costing system. The first processing department, the Welding De
vfiekz [6]

Answer:

Cost per equivalent unit for conversion costs for the month  = $8.262

Explanation:

The weighted average cost of valuation does not separate the opening inventory from the units newly introduced when accounting for completed units in a production period.

To determine the cost per equivalent units using Weighted Average Method, follow the steps below:

<em>Step 1: Determine the equivalent Unit</em>

Completed units = 25000+ 97000- 28000 = 94000

                                            Workings                 Equiva. Units

Completed units    94000       (94000 *100%)    =  94,000

Closing WIP            28000      (28,000 * 10%)  =     2,800

Total Equivalent units                                         96,800.00                    

<em>Step 2 : calculate total conversion cost </em>

= 51820+747970= 799,790.00

<em />

<em>Step 3 = Cost per Equivalent unit per conversion cost</em>

Cost per unit = Total conversion cost/total Equivalent units

                     = 799,790.00 / 96,800.00

                     = $8.262

Cost per equivalent unit for conversion costs for the month  = $8.262

7 0
3 years ago
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