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lys-0071 [83]
2 years ago
5

Assume that product Adam, a product designed for the High-End segment, can reach its full potential market share next year. A go

od estimate for its full potential market share can be taken from the current year's market intelligence information. How much product should be produced to reach the full potential of the segment next year
Business
1 answer:
vivado [14]2 years ago
8 0

The units of production of Adam to reach the full potential of the segment next year depends on its share of the market segment and the total potential market demand.

For instance, if the share of the market segment owned by Adam is <u>60%</u> with total potential market demand of 20,000 units, the production units should be <u>12,000 units</u> (20,000 x 60%).

<h3>What is market share?</h3>

The market share refers to the percentage of an industry or a market's total sales earned by each participating company or brand over the past period.

The market share can be calculated as follows:

Market share = Adam's sales/Total market sales x 100

<h3>For example:</h3>

The market share last year = 60% (6,000/10,000 x 100)

Because sales of Adam = 6,000

And market demand = 10,000

Thus, based on the company's or Adam's market share and the total potential market demand for the coming year, the production unit of Adam can be computed as <u>12,000 units.</u>

Learn more about market share at brainly.com/question/25309906

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3 years ago
A transaction is initially recorded in the journal, and then subsequently posted to the general.
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A transaction is initially recorded in the journal, and then subsequently posted to the general ledger

This is further explained below.

<h3>What is a ledger?</h3>

Generally, A book or group of accounts in which transactions pertaining to those accounts are documented is referred to as a ledger.

Each account has a carry-forward balance or a starting balance, and it would record each transaction as either a debit or a credit in distinct columns, as well as the account's ending or closing amount.

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5 0
2 years ago
When an organization assigns a new employee a mentor and takes an employee out to lunch to meet other members of the organizatio
irina [24]

Answer:

Connection.

Explanation:

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Basically, an employee is saddled with the responsibility of providing specific services to the organization or company where he is currently employed while being paid a certain amount of money hourly, daily, weekly, or monthly depending on the contractual agreement between the two parties (employer and employee).

Generally, when a new employee working for an organization is assigned a mentor and given the opportunity to go out on a lunch to meet other members working in the organization during their first week on the job, this would most strongly be an example of connection.

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3 years ago
Douglas mcgregor classified managers into two categories: those who prefer to watch over their employees as they complete every
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3 years ago
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Exxon, an energy company, thinks demand for oil, gas, and coal will increase for the foreseeable future, meaning 20-30 years. Bu
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Answer:

Forecasting

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