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3 years ago

much to the chagrin of established firms, one clear supertrend is that products and services must get to market faster because

1 answer:

5 0

Much to the chagrin of established firms, one clear super trend is that products and services must get to market faster because "more competitors are offering targeted products."

This is because it has been observed that several start-ups firms offer similar products to what the established firms are had as a business idea. Not only that, but they also target the same group of consumers.

Therefore, to remain top of the game and beat the startups out of business, the established firms must ensure their business ideas are quickly turned into products or services and get to the market faster.

Otherwise, the startups will take over their business ideas and a huge part of their targeted consumers.

Hence, in this case, it is concluded that the established firms must be proactive if they want to remain above the rest of their competitors.

Learn more here: brainly.com/question/17557971

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Select the correct answers. Which product is the cheapest and requires the least planning from a buyer? A. specialty products B.

Aleks04 [339]

Answer:

the answer is D. convenience products

Explanation:

convenient products are much cheaper and consumers usually look for them by the brand, or sometimes, these products are homogenous in nature, so people would just go and buy it rather than comparing different products and prices.

4 0

3 years ago

TB MC Qu. 08-104 Marlow Company purchased a point of... Marlow Company purchased a point of sale system on January 1 for $3,400.

Fittoniya [83]

Answer:

$680

Explanation:

Calculation to determine What would be the depreciation expense for the first year of its useful life using the double-declining-balance method

Depreciation expense=3400*(100%/10 * 2)

Depreciation expense=3400*.2

Depreciation expense= 680

Therefore What would be the depreciation expense for the first year of its useful life using the double-declining-balance method is $680

3 0

3 years ago

Jackson Company has two service departments (S1 and S2) and two producing departments (A and B). Department S1 serves Department

rusak2 [61]

Answer:

The total amount of cost that will be allocated from S2 to Department A is $32,200.

Explanation:

This can be calculated as follows:

Cost allocated from Department S1 to Department S2 = Direct department costs of Department S1 * Percentage of service to Department S2 = $200,000 * 15% = $30,000

Total Direct department costs for S2 = Direct department costs for S2 + Cost allocated from Department S1 to Department S2 = $16,000 + $30,000 = $46,000

Cost allocated from Department S2 to Department SA = Total direct department costs for S2 * Percentage of service to Department A = $46,000 * 70% = $32,200

Therefore, the total amount of cost that will be allocated from S2 to Department A is $32,200.

3 0

3 years ago

For a given single sum invested at 8% for four years, how will the future value be affected if the compounding period is changed

Lorico [155]

Answer:

Future Value will increase

Explanation:

Future Value = Present Value (PV)*(1 + i)^n

Let Amount be $10,000

Interest = 12% compounded annually

Period = 4

Future Value = $10,000 * (1 + 12%)^4

Future Value = $15,735.19

Let Amount be $10,000

Interest = 12% compounded quarterly

Period = 4 (4*4)

Future Value = $10,000*(1 + 3%)^16

Future Value = $16,047.06

Conclusion: The future value will increase.

5 0

3 years ago

The method that allocates an equal amount of depreciation to each year of an asset’s service life is:

kvasek [131]

Answer: Straight line method of depreciation

Explanation: Under the straight line method of depreciation the asset is expensed over its useful life. In this method, depreciation or amortization is calculated by dividing the difference of initial cost and salvage value of the asset from its useful number of years.

This method is not commonly used for assets having longer term period but still some business entities use it as it is easy to calculate.

6 0

4 years ago