Answer:
C
Explanation:
As unsold items end up being stale and get wasted , it is good for a business to avoid such as much as possible in order to maximize profit.
The customers buying pattern can easily reveal what they prefer to buy and what they do not buy . This can serve as a guide to the producer in what to sustain or increase producing and what to reduce or eliminate in the production line so as to maximally control the level of waste generated due to outdated or unsold stock.
Answer:
$43,064
Explanation:
Sales $220,000 / 22,000 × 20,000
$200,000
Variable costs $77,000 / 22,000 × 20,000
($63,636)
Selling and admin $50,600 / 22,000 × 20,000
($46,000)
Manufacturing cost fixed
($26,400)
Selling and admin fixed
($20,900)
Net income
$43,064
Therefore, budgeted net income will equal $43,064 if 20,000 units are produced and sold.
Answer: Micromarketing.
Explanation:
Micromarketing is applied by Land's end clothing company, where different tiny sections of a market are being targeted by the clothing designs and sizes produced. Micromarketing is form of marketing, where a smaller section of a large market is a company's target for sales.
<u>Explanation:</u>
A franchise business is one that allows another business (or non-profit) to carry out certain commercial activities, in a sense acting as an agent for the company.
Consider the following advantages:
1. Capital
The franchisor (the company that grants permission) may provide all the capital required to open and operate the non-profit.
2. Better-quality management. The years of experience accumulated by the franchisor may be of benefit to the non-profit. Thus, improving the quality of operations.
Other benefits include;
- increase their speed of Growth
- increased Profitability
- reduced Risk
The best way to close knowledge gap in an organization to s<em>et appropriate service criteria</em><em>, </em><em>train employees to meet </em><em>and </em><em>exceed </em><em>those </em><em>criteria</em><em> and measure </em><em>service performance</em><em>."</em>
In an organization the knowledge gap refers to the disparity in access to information, skills, expertise, know-how between or among the staffs and management of the organization.
The best way to close the knowledge gap includes
- Setting appropriate service criteria.
- Training of employees to meet and exceed those criteria
- Measurement of the service performance from time to time.
"The options to the question includes"
- <em>Be more realistic about the services it can provide and at the same time manage customer expectations effectively </em>
- <em>empower service providers, provide support and incentives and use technology </em>
- <em>understand customer expectations, </em>
- <em>Set appropriate service criteria, train employees to meet and exceed those criteria and measure service performance."</em>
Learn more about Knowledge gap here
<em>brainly.com/question/15112599</em>