Answer: Option B
Explanation: In simple words, geographic departmentalization refers to the process under which an organisation separates its market operations on the basis of the geography such as country, state or district etc.
In the given case, company has separated its operations on the basis of different preferences of different countries.
Hence from the above we can conclude that the correct option is B .
Answer:
Monthly pay= 5344.67
Explanation:
Giving the following information:
To live comfortably, you decide you will need to save $ 1million by the time you are 65.
Today is your 29th birthday, and you decide to put the same amount into a savings account. If the interest rate is 8%.
How much must you set aside each year?
n= 36
i= 0.08
FV= 1,000,000
We need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
We need to isolate A (monthly pay):
<u>A= (FV*i)/[(1+i)^n-1]</u>
A= (1000000*0.08)/(1.08^36-1)
A= 80000/14.96817184
A= 5344.67
Answer:
(C) the intended use of a product.
Explanation:
Implied as the term means that it is obvious, further guarantee means that the guarantee is obvious.
Now, this is because of the use of the product, as for example there is an equipment called heater, which is generally sold in winters, as it warms the room.
Now it is implied that the heater shall at-least be in proper condition and shall work without any failure for one season of winters.
The correct answer is,
Statement C
Answer:
Concentrated Targeting Strategy
Explanation:
Concentrated Targeting Strategy refers to a situation in which an organization focus its marketing efforts on only a specific segment of the market. That is, only one marketing mix is developed.
Concentrated Targeting Strategy allows the producer focus on the needs and wants of a particular segment of the consumers/ population. The producer directs all it's efforts to the satisfaction of a segment of the consumers.
Concentrated Targeting Strategy could be disadvantageous if the demand of the focused segment of consumers is low. Low demand will affect the financial position of an organization.
Answer and Explanation:
1. The Journal entry is shown below:-
Notes receivable Dr, $33,000
To Sales revenue $33,000
(Being sales is recorded)
2. The computation of interest is shown below:-
Interest = $33,000 × 4% × 6 ÷ 12
= $660
3. The Journal entry is shown below:-
Cash Dr, $33,660
To Interest income $660
To Notes receivable $33,000
(Being collection of notes receivable is recorded)
