<h3><u>
Answer:</u></h3>
One Price Rule with Conditions Met set to Custom, three Price Conditions, and one Price Action
<h3><u>
Explanation:</u></h3>
The price rule record has the price rule, condition and action. The price rule must be explained clearly. Price condition is comparison of one field value with the other field value. The price rules contain conditions and the price rule can have an infinite number of conditions.
But for the above given questions we have 3 conditions. When the price rule meets by the conditions given it performs a particular action. Some of the fields in the price rule cannot be edited and and have security.
Brand attitude is the opinion of consumers towards a product determine through market research.
Answer:
When businesses are deciding how to develop their products and services, they undertake market research. Market research can either be done by the company itself or taken from elsewhere. Having reliable market research data is essential. Basing decisions on unreliable research can be very costly to a business. For research to be reliable, it must have a high level of validity. This means that the facts and evidence gathered are accurate.
Two reasons why market research should be accurate:
Business Risks: Regular market research will be your way to check in with your current customers and potential customers to ensure that you’re still meeting their needs. If it is accurate business risks are reduced but if inaccurate, it could lead to the crash of your business.
Decision-making: The need for and importance of marketing research frequently comes up when making tough business decisions. Instead of having arbitrary criteria for the decisions you make as a business owner, you can always go back to your market research report. Based on that report, will this decision lead to more customers? Will you be able to reach more people who are likely to buy from you? Will it be clear to them that your business can meet their needs? With an accurate market research, the business can make properly informed decisions but with inaccurate market research, the business will be making unwise decisions
Answer:
Labour rate variance
= (Standard rate - Actual rate) x Actual hours worked
= ($19 - $18) x 3,000 hours
= $3,000(U)
Actual rate = <u>Actual direct labour cost</u>
Actual direct labour hours worked
Actual rate = <u>$54,000</u>
3,000 hours
Actual rate = $18 per direct labour hour
Explanation:
Labour rate variance is the difference between standard rate and actual rate multiplied by actual direct labour hours worked. Actual direct labour hours worked is calculated as actual direct labour cost divided by actual direct labour hours worked.
