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Hatshy [7]
3 years ago
7

Explain how a service business might help another business.

Business
1 answer:
blsea [12.9K]3 years ago
7 0
A service business could help a business by working for that business aka cleaning maintenance and little things to help the company look good
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As the marketing manager of Cominform Pvt. Ltd., a manufacturer of health drinks, you have selected 10 individuals who match the
jeyben [28]

Answer:

The methods of acquiring primary data being used in this case is E) focus groups .

Explanation:

In market research, a focus groups is usually a diverse group of people who are sit together in a room and asked questions about their behavior by the moderator or the host. Focus groups give the decision-makers to talk to their customers directly.  In this case, it is quite clear that the marketing manager of Cominform Pvt. Ltd is using Focus group as the method of acquiring primary data. This can be inferred by,''10 individuals ,a skilled moderator,everyone participates and stays focused on the topic.''

4 0
3 years ago
The Odessa Supply Company is considering obtaining a loan from a sales finance company secured by inventories under a field ware
dimulka [17.4K]

Answer:

a) 15.33%

b) 16.4%

Explanation:

Data provided in the question:

Annual interest rate = 10 percent

Additional cost of maintaining a field warehouse = $16,000 per year.

Now,

Annual financing cost

= [ ( Interest cost + Additional cost ) ÷ Usable funds ] × 100%

For a) Amount borrowed = $300,000

Annual financing cost

= [ ( 10% of $300,000 + $16,000 ) ÷ $300,000 ] × 100%

= 15.33%

For b) Amount borrowed = $250,000

Annual financing cost

= [ ( 10% of $250,000 + $16,000 ) ÷ $250,000] × 100%

= 16.4%

4 0
4 years ago
Suppose buyers of vodka are required to send $5.00 to the government for every bottle of vodka they buy. Further, suppose this t
Leno4ka [110]

Answer:

Option D is correct

Explanation:

The reason is that increase in tax lowers the demand of the products. When the government imposed additional taxes on vodka, the demand will obviously fell. Now the vodka manufacturing company in retaliation of imposed taxes, will have to lower its price to still attract its customers. Now the difference in this ($3) decrease in price and ($5) increase in taxes is $2 additional cost per unit, which the buyer will have to bear. This means sixty percent of the additional cost (3/5*100) will be beared by the vodka seller. The increase in prices of the Vodka will decline the demand of the product, which means fewer products would be sold.

4 0
3 years ago
To start out, general operating expense should not exceed<br> O 7%<br> 33%<br> 2596<br> O<br> 10%
marshall27 [118]

Answer:

25%.

To start out, general operating expense should not exceed 25%.

Add-on:

i hope this helped at all.

8 0
3 years ago
Assume the demand function for basketballs is given by QD = 150 −3P + 0.1I, where P = price of a basketball, and I = average inc
TEA [102]

Answer: (1) Equilibrium price = 60 and Equilibrium quantity = 120, when I = $1500.

(2)  Equilibrium price = 54 and Equilibrium quantity = 108, when I = $1200.

Explanation:

(1) When Average income (I) = $1500

At equilibrium, QD = QS

150 - 3p + 0.1I = 2p

150 - 3p + 0.1 × 1500 = 2p

5p = 300

p = \frac{300}{5}

p = 60

q = 2p ⇒ 2 × 60 = 120

Hence, p and q are equilibrium price and equilibrium quantity, respectively.

(2) If 20% income tax is introduced then Average income (I) = $1500 - 20% of  $1500 ⇒ $1500 - $300 = $1200

At equilibrium, QD = QS

150 - 3p + 0.1I = 2p

150 - 3p + 0.1 × 1200 = 2p

5p = 270

p = \frac{270}{5}

p = 54

q = 2p ⇒ 2 × 54 = 108

Hence, p and q are equilibrium price and equilibrium quantity, respectively.

4 0
3 years ago
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