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3 years ago

Why target market trade is executed

Business

2 answers:

weeeeeb [17]3 years ago

7 0

Answer:

Target market is strategy in which a company offers its product in specific market only. This strategy enables the business to reach its customers through marketing efforts. The target market trade refers to trading in certain markets only to ensure the limited availability of products. The organization who want do not want to market its products through wholesalers or retailer choose such strategy.

Explanation:

The target marketing reduces the marketing cost to business as they only market their product in specified markets. They only target those customers who are genuinely willing to buy company's product. This strategy rewards its customers of buying a genuine product at a reasonable price as there will be no extra cost charged to them. The price charged to customers is the price set by the business itself for the product.

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skelet666 [1.2K]3 years ago

4 0

Answer:

The target marketing reduces the marketing cost to business as they only market their product in specified markets. They only target those customers who are genuinely willing to buy company's product. This strategy rewards its customers of buying the genuine product at a reasonable price as there will be no extra cost charged to them. The price charged to customers is the price set by the business itself for the product.

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Trade between countries tends to a. reduce both competition and specialization. b. reduce competition and increase specializatio

Shtirlitz [24]

Answer: (D) Increase both competition and specialization

Explanation:

According to the given question, the trading between the different types of countries are trends to increase both specialization and competition in the market as it producing various types of products which increase the competition level with different types of organisation as well as Countries.

The specialization is also majorly affect the trading process between different types of countries by producing the specialized products by focusing on the efficiency.

The specialization is plays an important role in trade as by exchanging the various types of products then it automatically increase the production and the productivity.

Therefore, Option (D) is correct answer.

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4 years ago

Werner Inc. sells its products with a 2-year warranty. On December 31, 2017, Werner recognized estimated warranty-related costs

hoa [83]

Answer:

A DEBIT to Estimated warranty liability

Explanation:

Based on the information given we were told that the company recognized an estimated warranty of the amount of $54,000 for its 2017 sales in which the year 2018 the company also repair costs of the amount of $21,000 which is related to products sold during the year 2017 which means that The journal entry to record the cost of repairs would include a debit to ESTIMATED WARRANTY LIABILITY .

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3 years ago

Dave klein is a produce farmer in northern california. his major customers are grocery stores in the midwest. dave's product is

ss7ja [257]

Given that <span>Dave Klein is a produce farmer in Northern California. His major customers are grocery stores in the midwest. Dave's product is a perishable item and will only last for about 2 weeks after it has been picked, so Dave is concerned with getting his product to his customers quickly. he ships almost daily when his produce is in season. However, he also needs to be aware of the cost of shipping.

The form of shipping Dave will most likely use is truck.</span>

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3 years ago

Golden Harvest is a restaurant located inside a five-star hotel. It caters mainly to customers who are concerned about quality d

astraxan [27]

Answer:

D. a premium roof top restaurant in the same city.

Explanation:

The reason for the selected option above is not far fetched, it was said that the restaurant is located within the premises of the hotel, being a five-star. Secondly, the customers of Golden Harvest Restaurant are concerned about the quality dining and not bothers on how much they pay to enjoy their quality dining.

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4 years ago

Victor Mineli, the new controller of Blossom Company, has reviewed the expected useful lives and salvage values of selected depr

rewona [7]

a. Based on the information given the revised depreciation is:

Building $1,250

Warehouse $5,993

b. Debit Depreciation expense $13,375

Credit Accumulated depreciation-Building $13,375

a. Victor Mineli Revised depreciation

Revised depreciation for Building

Building= ($700,000-$129,900-$35,100)/40

Building= $535,000/40

Building=$13,375

Revised depreciation for Warehouse

Warehouse=($115,000-$22,100-$3,000)/15

Warehouse =$89,900/15

Warehouse=$5,993

b. Journal entry

Debit Depreciation expense $13,375

Credit Accumulated depreciation-Building $13,375

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3 years ago