Answer:
The correct answer is Can help marketers better allocate resources.
Explanation:
To position yourself in the market successfully, you need to select the most beneficial market group for your business and know its characteristics, in order to adapt your product to the requirements demanded by this audience and determine the most appropriate marketing strategies.
The ability to select the target market of your company, that is, that sector of the population that is expected to consume your product or service, is decisive to achieve business objectives and business success.
Market segmentation is a process through which the market is divided into homogeneous groups or segments of consumers, which have a series of similar and significant characteristics for the company.
This segmentation allows to carry out a series of commercial strategies and thus fulfill a double purpose:
- Better meet customer needs.
- Reach the business objectives of the company.
Each organization can select one or more segments as a market goal, for which it will develop different marketing strategies. You can integrate market segmentation with the rest of your marketing tools, so that your strategy is increasingly comprehensive.
Answer:
1) Buy 10 ounces of gold with the 350 dollars
2) Sell the 10 ounces of gold for £200
3) Exchange £200 for 360 dollars
Explanation:
Due to the difference between the exchange rate in gold and currency, a 2.1% (1.80 / 1.75) advantage can be obtained.
You start in the gold market with 350 dollars which are equal to 10 ounces of gold which are equal to £200. This according to the gold prices, witch generate a 1.75 exchange rate.
Then you go to the financial market where the exchange rate is larger (1.80) and with the £200 you get 360 dollars.
Answer:
Dr retained earnings($21,600+$15,800) $37,400.00
Cr accumulated depreciation $21,600
Cr inventory $15,800
Explanation:
The errors that require adjustment are the overstatement and understatement of depreciation expense as well as the December 2021 overstatement of inventory.
The understatement of inventory in 2020 would have self-corrected itself in 2021 since closing inventory in 2020 deducted from costs of goods available for sale would be introduced as opening inventory in 2021.
net effect of depreciation=understatement -overstatement=$37,500-$15,900=$21,600.00
hence retained earnings would reduce by $21,600.00
for the overstatement of inventory,retained earnings would reduce by $15,800
The technique used for collecting information collected is known as Primary observational. Therefore, Option 3 is the correct choice.
<h3>
What is Primary observational?</h3>
This approach of Primary observational entails going outside and observing while gathering information using your five senses. Anywhere a person establishes a particular set of criteria, features, or characteristics and then examines something for those features or characteristics is where observation is used as a primary research method.
Therefore, The technique used for collecting information collected is known as Primary observational. Option 3 is the correct choice.
Learn more about Primary observational:
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"Your question is incomplete, probably the complete question/missing part is:"
A) Secondary external
B) Secondary internal
C) Primary observational
D) Primary questionnaire
