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3 years ago

When manufacturers such as pampered chef sell directly to consumers, they perform both production and retailing activities?

1 answer:

8 0

That statements is true

Manufacturer is a type of business that transform raw materials into a sellable goods, so technically they can be considered as a producer in the market.
Retailers is someone that sell the goods that produced by the manufacturers to the consumers.

So, in this case, they did perform both production and retailing activities

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Mary Kay Cosmetics and Amway (multi-layer marketing companies) sell their products through home and office sales parties, online

Sindrei [870]

Answer:

Direct

Explanation:

Distribution channels refers to a system in which an organization makes its products available to potential customers.

Direct distribution refers to the process in which goods are sold directly to the consumers. It allows the customers to purchase goods directly from the manufacturers without any form of intermediaries.

Direct distribution enables a manufacturer to interact directly with the customers and get feedbacks about their products.

8 0

3 years ago

Jodi owns a business that designs and creates lingerie. In an effort to get her product into as many stores as possible, jodi ha

Anna007 [38]

Jodi is not adequately managing the financial aspects of her business.

By being too lenient with the days credit, she is effectively damaging her business' cash flow.

3 0

3 years ago

Read 2 more answers

The beginning capital balance shown on a statement of owner's equity is $100,000. Net income for the period is $50,000. The owne

Lelu [443]

Answer: $125,000

Explanation: In simple words, owner's equity refers to the funds that are contributed by the owners of the capital for effectively conduction the operations of the business.

Any profit that the organisation made during a year is treated as a return to the capital and is added to the initial capital while drawing from the capital results in decrease in the available fund for operations.

Hence the year end balance of the capital in given case is, $1000,000 + $50,000 - $25,000 = $ 125,000

4 0

3 years ago

your local pawn shop loans money at an annual rate of 24 percent and compounds interest weekly. What is the actual rate being ch

Alika [10]

Answer:

27%

Explanation:

The actual rate being charge on these loans is the effective annual rate and the formula to calculate it is:

i=(1+(r/m))^m−1

i= effective annual rate

r= interest rate in decimal form=0.24

m=number of compounding periods per year= 52 (a year has 52 weeks).

i=(1+(0.24/52))^52-1

i=1.27-1

i=0.27

According to this, the answer is that the actual rate being charge on these loans is 27%.

6 0

3 years ago

In a free-market system, producers are most strongly driven by which of the

Molodets [167]

Answer:

The correct answer is (B)

Explanation:

Producers are influenced by the benefits and profits they hope to pick up from the products or administrations in a free market economy. The idea of producers is to create goods and services and sell them at maximum profits because they feel consumer will buy their products because they need them. A profit motive is generally beneficial to the overall economy of the country. It is expected to give a motivating force to create productivity and development.

3 0

3 years ago