Answer:
Pros : The owners can take more time with their products and make sure that they are in order. They have more time to fix problems they have because the demand for their products isn’t very big.
Cons : They don’t have many employees because they can’t afford them. They are behind on their orders by 2 months so that shows they need more employees for the extra help but they can’t get them.
Explanation:
Answer:
D.$28.48 per machine hour
Explanation:
The predetermined overhead is calculated as ; Estimated total fixed overhead / Estimated machine hours
Given the above information,.
Predetermined overhead = $1,167,680/41,000
=$28.48 per machine hour
Considering filing a law suit costs much time and money, i believe teh answer here is false.
Answer:
The correct answer is letter "B": demand tends to be inelastic.
Explanation:
Inelasticity is a characteristic that goods and services have by which their demand does not change in front of fluctuations in price.<em> Consumer staples are considered inelastic goods since people need them to cover basic needs. </em>
Inelasticity is calculated by dividing the percentage change in quantity demanded by the percentage change in price. If the result is lower than one (1) the demand for that good or service is inelastic.
Answer:
You are looking for a solution to organize your small closet. After visiting the IKEA website you discover the perfect components to make your closet more useful. Marketing just highlighted a benefit for:
You the consumer
Explanation:
Marketing is an aspect of business that can be defined as the act of communicating a company's product information to potential customers with the aim of converting them to loyal customers. In the business world, there is competition for the market share, therefor businesses need to utilize effective strategies that will ensure that they have a bigger share of the market as compared to the competition. Marketing strategies target various audiences that can be beneficial to them.
In our case above, the potential customer had a problem with organizing her closet in such a way that the closet can be more spacious. She decided to visit IKEA which is a multinational group that deals with the selling of ready-to-assemble furniture. The information from the website helped her determine the perfect components to make her closet more useful. The marketing highlighted a benefit for her as a consumer.
