FICO is a credit score. True False

Jeb separated people who wanted aâ high-quality car from people who wanted aâ low-priced car, then saw whether different charact

KATRIN_1 [288]

Jeb was defining segments using DEMOGRAPHIC considerations.

There are 4 types of segmentation.
1) Geographic
2) Demographic
3) Psychographic
4) Behavioral

Demographic segmentation considers who the customers are. Data that are required to be collected to know who the customers are 1) age, 2) gender, 3) income, 4) social class, 5) religion, and 6) race or family life cycle.

People who want high quality car are usually big income earners. People who wants low-priced cars are usually small income earners or even students who just got their drivers license.

3 0

3 years ago

A manager realizes halfway through the month that he or she is behind in sales. He or she needs to take corrective action in ord

yuradex [85]

Answer:

Controlling

Explanation:

Controlling is the one of the management function, which is described as the function that helps the business to seek the planned results or consequence from the managers, subordinates and at the all levels of the organization.

This function of management helps the business in evaluating the progress towards the goals of the firm and if there is any deviations, then the corrective measures or action could be taken.

3 0

4 years ago

Riya is the vice president of marketing for her company. Other officers in the company include the vice presidents of engineerin

yanalaym [24]

Answer:C. Functional

Explanation: Functional management structure is a management structure where the leadership or management is designed according to the Functional areas within the organisation. This Functional areas can be MARKETING,FINANCE AND ACCOUNTS, PRODUCTION etc. In the case of Riya and other Vice Presidents of the company they are all Functional managers,it is the most popular and widely used system of management by many corporations and multinational companies.

8 0

3 years ago

Eka manufacturing company produces part #2206 for the aerospace industry. each unit of part #2206 is sold for $15. the unit prod

Vlad [161]

Answer:

15.384 units

Explanation:

Break even point is the point at which income from the business is equal to cost incurred. When income is higher than this point, then business is making profit. But when income is less it is a loss.

Using the break even formula

Break even= Fixed cost/(Sales price- cost per unit)

Break even = 3000/(15-3)

Break even = 3000/13= $230.769

To get break even in units sold divide by price of one unit = 230.769/15= 15.384 units

4 0

4 years ago

Consider the following information: Actual direct labor hours 34,500 Standard direct labor hours 35,000 Total actual direct labo

iVinArrow [24]

Answer:

Direct labor rate variance= $20,700 unfavorable

Explanation:

Giving the following information:

Actual direct labor hours 34,500

Standard direct labor hours 35,000

Total actual direct labor cost $241,500

Direct-labor efficiency variance $3,200F

First, we need to calculate the standard hourly rate:

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

3,200= (35,000 - 34,500)standard rate

3,200 = 500standard rate

$6.4 = standard rate

To calculate the direct labor rate variance, we need to use the following formula:

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Direct labor rate variance= (6.4 - 7)*34,500

Direct labor rate variance= $20,700 unfavorable

Actual rate= 241,500 / 34,500= $7

8 0

3 years ago