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4 years ago

Marketing segmentation is the combining of several groups to create a larger target market for a company’s goods and services.

Business

1 answer:

Allushta [10]4 years ago

6 0

Answer:

false

Explanation:

Market segmentation entails dividing target customers into smaller groupings based on their common shared traits. Segmentation places customers into small manageable groups with similar characteristics such as age, gender, interest, occupation, and geographical location. Customers in the same segment are highly likely to respond uniformly to marketing strategies.

Segmentation enables a business to carry out details research concerning each group. It then offers specific products based on the needs of each target segment.

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Pfizer Inc., a pharmaceutical company, reported net income for fiscal 2016 of $7,215 million, retained earnings at the start of

Kisachek [45]

Answer:

$71,774 million

Explanation:

Given that,

Beginning retained earnings = $71,993 million

Net income = $7,215 million

Dividends = $7,448 million

Other transactions = $14 million

Balance of retained earnings at the end of the year:

= Beginning retained earnings + Net income - Dividends + Other transactions

= $71,993 million + $7,215 million - $7,448 million + $14 million

= $71,774 million

Therefore, the balance of retained earnings at the end of the year is $71,774 million.

7 0

4 years ago

Agassi Company uses a job order cost system in each of its three manufacturing departments. Manufacturing overhead is applied to

Juliette [100K]

Answer:

Results are below.

Explanation:

To calculate the predetermined overhead rate, we need to use the following formula on each department:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Department D:

Predetermined manufacturing overhead rate= 1,197,000 / 1,496,250

Predetermined manufacturing overhead rate= $0.8 per direct labor dollar

Department E:

Predetermined manufacturing overhead rate= 1,500,000 / 125,000

Predetermined manufacturing overhead rate= $12 per direct labor hour

Department K:

Predetermined manufacturing overhead rate= 720,000 / 120,000

Predetermined manufacturing overhead rate= $6 per machine hour

6 0

3 years ago

Which loan type provides interest subsidy meaning department of education pays your interest.

Alex787 [66]

Subsidized direct loan

4 0

2 years ago

Which of the following promotional tools below involves no direct payment to the media or persons conveying the promotional mess

Darina [25.2K]

Answer:

Advertising Personal is correct

Explanation:

4 0

4 years ago

The following information is taken from Reagan Company's December 31 balance sheet: Cash and cash equivalents $ 9,219 Accounts r

emmasim [6.3K]

Answer:

The correct answer is 44.73 days or 45 days.

Explanation:

According to the scenario, the computation of the given data are as follows:

We can calculate the day's sales uncollected by using following formula:

Day's sales uncollected = No. of days in year ÷ Debtor turnover ratio

Where, Debtor turnover ratio = Sales ÷ Accounts receivable

= $607,500 ÷ $74,422

= 8.16

So, by putting the value, we get

Day's sales uncollected = 365 days ÷ 8.16

= 44.73 days or 45 days.

6 0

3 years ago