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Morgarella [4.7K]
3 years ago
5

Panache, a fashion design company, organizes an online contest. Participants are asked to design women’s apparel to be posted on

a social media website where its members can vote and provide feedback. Based on those votes, Panache will announce the winner and offer that individual a job at its firm. In this scenario, Panache is involved in
A. brandjackingB. taggingC. bloggingD. crowdsourcing
Business
1 answer:
dimaraw [331]3 years ago
3 0

Answer: Crowd sourcing

Explanation: In simple words, crowd sourcing refers to collection of data or opinions from a large number of internet users. These users often do this as freelancer or voluntary basis.

In the given case, Panache's contest to design women apparel would provide them with designs and a suitable employee for their company.

Hence, from the above we can conclude that the correct option is D.

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Suppose that tom bought a bike from helen for $195. if helen’s reservation price was $185, and tom's reservation price was $215,
murzikaleks [220]

The seller surplus was $10 from this transaction. The discrepancy between the price paid and a good's marginal value is known as the seller surplus.

Seller surplus plus consumer surplus represents the sum of the economic benefits to each market participant from participating in the production and trade of the good at a price. The producer surplus is equal to the entire revenue from sales of a producer's goods minus the marginal cost of production.

Market price that is higher than the lowest price that producers would normally be willing to pay for their goods results in a seller surplus. Only variable (marginal) costs are deducted from seller surplus.

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5 0
2 years ago
The first step in pricing is
Andreas93 [3]
The first step is to set objectives
6 0
3 years ago
In your own words.
ss7ja [257]

Empowering employees means to provide the training, tools, resources, motivation, and encouragement you workers need to perform at an exceeding level. It is important because it help employees build confidence and a better working community.

3 0
3 years ago
Based on a predicted level of production and sales of 21,000 units, a company anticipates total variable costs of $105,000, fixe
tresset_1 [31]

Answer:

The budgeted amount of fixed costs for 19,000 units is  $155,800

Explanation:

According to the Given Scenario the Following are Computation to find out the budgeted amount of fixed costs for 19,000 units.

Current Contribution Margin = \frac{Fixed Cost + Operating Income}{No of Unit Sold}

Current Contribution Margin =$25,200 + $147,000/21,000

Current Contribution Margin = $172,200/21,000

Current Contribution Margin = $8.2 per Unit

The Contribution Margin for 19,000 units = $8.2 × 19,000

The Contribution Margin for 19,000 units = $155,800

Therefore, The budgeted amount of fixed costs for 19,000 units is  $155,800

5 0
4 years ago
Read 2 more answers
Using the following information:
Bond [772]

Answer:

$9,000

Explanation:

As for the information provided,

Current allowance for bad debts = $35,000

Expected year end allowance = $40,000

Bad Debt written off = $4,000 during the period.

While writing off entry shall be:

Allowance for bad debts A/c Dr.             $4,000

               To Accounts Receivables                     $4,000

This will simply reduce the balance of allowance by $4,000

Effective balance = $35,000 - $4,000 = $31,000

As the allowance account balance is credit in nature.

Now desired year end balance = $40,000

For this entry shall be:

Bad Debt Expense A/c Dr.                      $9,000

               To Allowance for Bad Debts                   $9,000

The amount is calculated as follows:

Desired amount of allowance - Balance in allowance.

$40,000 - $31,000 = $9,000

5 0
3 years ago
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