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Juliette [100K]
3 years ago
7

EcoBean, a chain of cafes, has introduced a Special Shopper Card that allows customers to pay in advance for coffee and snacks.

This effort by EcoBean management is most likely an example of ________.
a. Diversification market
b. Development product
c. Adaptation market
d. Penetration product development
Business
2 answers:
djyliett [7]3 years ago
8 0

Answer:

Market penetration

Explanation:

il63 [147K]3 years ago
8 0

The complete options are:

a. diversification

b. product adaptation

c. market development

d. product development

e. market penetration

Answer:

Market penetration

Explanation:

Market penetration strategy is a method that is used by companies to increase the use of a product. It is aimed at increasing use of the particular product as opposed to those of the competition.

Market penetration is used to enter a new market by offering consumers a better option than what is existing.

In the given scenario EcoBean introduced a Special Shopper Card that allows customers to pay in advance for coffee and snacks. This makes the consumer have assurance that he only has to come and pick up what has been paid for initially.

The process eases payment for goods

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Determine the total assets of Novak Corp. at December 31, 2020.
andreyandreev [35.5K]

Answer: $76,220

Explanation:

Total Assets = Current Assets + Fixed Assets

Current Assets = Cash + Accounts Receivable

= 13,320 + 19,980

= $33,300

Fixed Assets = Equipment = $42,920

Total Assets = 33,300 + 42,920

= $76,220

5 0
3 years ago
A company with excess capacity must decide between scrapping or reworking units that do not pass inspection. The company has 19,
ANTONII [103]

Answer:

Incremental income as scrap=$66,500

Incremental income when re-worked= $81,700

Explanation:

Unit contribution from selling as scrap is the equal to the scrap value = 3.50

Unit contribution when reworked and sold as scrap =Selling price - cost of re-work= $8.90-4.60= $4.3

Incremental income as scrap = $3.50×19,000= $66,500

Incremental income when re-worked= $4.3 × 19,000 = $81,700

Incremental income as scrap=$66,500

Incremental income when re-worked= $81,700

5 0
3 years ago
Professor buchanan informed her colleagues about the various intercom systems she had investigated. she then recommended that th
solmaris [256]

The type of presentation that Professor Buchanan give is sales presentation. Sales presentation is a strategy that involves with selling a product or the product or sales that is provided to the consumers are being closed or is being initiated by the seller. 

8 0
3 years ago
investment is made at r percent compounded annually, at the end of n years it will have grown to A = P(1 + r)n . An investment m
bixtya [17]

Answer:

$1,500

Explanation:

Given the compounding formula A = P(1+r)^{n}

And given an investment (P), made at 16% compounded annually (r), and an ending amount of $1,740 (A) at the end of the year (n = 1 year), the original amount invested (P) can be computed as follows.

1,740 = P(1+0.16)^{1}

1,740 = P * 1.16

= P = 1,740/1.16 = 1,500.

Therefore, the original investment was $1,500.

3 0
3 years ago
Green Corporation hires six individuals on January 4, 2019, all of whom qualify for the work opportunity credit. Three of these
ivann1987 [24]

Answer: $4,650 Tax Credit

Explanation: Green Corporation is entitled to file for a work opportunity credit as it has given work opportunities to workers with significant barriers to employment.

Green Corporation is entitled to get 40% on wages paid per year on workers who worked for at least 400 hrs and 25% for at least 120 hrs

Green Corporation had 2 sets of workers in this category and they are:

Set 1 worked 400 hrs and are paid $8,500

Set 2 worked 300 hrs and are paid $5,000

to get the work opportunity credit for 2019:

$8,500 * 40%+ $5,000 *25% = $3,400+$1,250= $4,650

3 0
4 years ago
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