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Nezavi [6.7K]
3 years ago
7

Cat's product manager continues to perform well in the market. However, a competing product is coming on strong and is looking t

o take over as the market share leader in the segment. Without sacrificing contribution margin, what can the Cat product manager do in order to improve upon the buying criteria, and thus potentially increase demand
Business
1 answer:
Ugo [173]3 years ago
8 0

Answer:

Increase promotion spending

Explanation:

Note that the challenge for the product is to get a demand that supersedes that of their competitor. Thus, by spending more on promotion they could still maintain the contribution margin while at the same time increase consumers demand the product.

For example, by adding extra gift items to their products consumers would likely feel motivated to buy the product over the other.

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Don works diligently to accomplish the company goals in an efficient and effective manner, utilizing his employees through plann
eimsori [14]

Answer:

Managing

Explanation:

Managing involves effectively utilising an organisation's resources and bringing employees together to meet set goals and objectives.

Good management helps create a dynamic team where employees collaborate and give their best to achieve collective goal.

Roles are well defined and review and planning is done to effectively drive the team to success.

6 0
3 years ago
A population of bears increased by 50% in 4 years. If the situation is modeled by an annual growth rate compounded continuously,
Gekata [30.6K]

Answer:

r=\frac{ln(1.5)}{4}

Explanation:

Given:

Total population after time (P) = 100% + 50%  = 1 + 0.5 = 1.5

Starting population (p) = 100% = 1

Number of year (t) = 4 year

rate of growth = r

Computation:

Exponential growth function for population :

P = pe^{rt}

1.5 = 1\times e^{4\times r}

1.5 = e^{4r}

From taking log:

4r = ln(1.5)

r=\frac{ln(1.5)}{4}

8 0
3 years ago
On January 1, 2021, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $470,000 of 8% bonds, d
Marat540 [252]

Answer:

1. January 01, 2021

Dr Cash 513,221

Cr Premium on Bonds Payable 43,221

Cr Bonds Payable 470,000

2. June 30, 2021

Dr Interest Expense 17,963

Dr Premium on Bonds Payable 837

Cr Cash 18,800

3 December 31, 2021

Dr Interest Expense 17,933

Dr Premium on Bonds Payable 867

Cr Cash 18,800

Explanation:

1. Preparation of the journal entry Record the bond issue on January 1, 2021

January 01, 2021

Dr Cash 513,221

Cr Premium on Bonds Payable 43,221

(513,221-470,000)

Cr Bonds Payable 470,000

(To Record the bond issue )

2. Preparation of the journal entry to record the first two semiannual interest payments

June 30, 2021

Dr Interest Expense 17,963

(513,221*7%*6/12)

Dr Premium on Bonds Payable 837

(18,800-17,963)

Cr Cash 18,800

(470000*8%*6/12)

(To record first two semiannual interest payments)

3.Preparation of the journal entry to record the first two semiannual interest payments

December 31, 2021

Dr Interest Expense 17,933

(513,221*7%*6/12)

Dr Premium on Bonds Payable 867

(18,800-17,963)

Cr Cash 18,800

(470000*8%*6/12)

(To record first two semiannual interest payments)

4 0
3 years ago
Read 2 more answers
What are your financing options when buying a new car?
stealth61 [152]
Everyone is different bc everyone doset make the same amount of money, or have the same amount of money in the bank.

Is there any multiple choice answers to this ?
4 0
3 years ago
When formatting your resume, it is important to ____
crimeas [40]
All of the above When formatting your resume, it is important to do all
3 0
2 years ago
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