Nov. PROBLEM 2 Harris Supply Co. has the following transactions related to notes receivable during the last 2 months of the year. 1 Loaned $90,000 cash to B. Woods on a 1-year, 7% note. Dec 11 Sold goods to R.P. Mayrl, Inc. receiving a $4,500, 90-day, 4% note. 16 Received a $12,000, 6-month, 9% note to settle an open account from M. Kline. 31 Accrued interest revenue on all notes receivable. Instructions: Journalize the transactions for Harris Supply Co. (Omit cost of goods sold entries.)
Answers
Journalizing the transactions for Harris Supply Co. Here are the entries for each transaction is $3,150.
Nov.
1. Notes Receivable 90,000
Cash 90,000
(Loaned $90,000 cash to B. Woods on a 1-year, 7% note)
Dec.
11. Notes Receivable 4,500
Sales Revenue 4,500
(Sold goods to R.P. Mayrl, Inc., receiving a $4,500, 90-day, 4% note)
16. Notes Receivable 12,000
Accounts Receivable - M. Kline 12,000
(Received a $12,000, 6-month, 9% note to settle an open account from M. Kline)
31. Interest Receivable 3,150
Interest Revenue 3,150
(Accrued interest revenue on all notes receivable)
Note: The interest amount in the last entry (3,150) is calculated as follows:
- B. Woods: $90,000 x 7% x (2/12) = $1,050
- R.P. Mayrl, Inc.: $4,500 x 4% x (20/360) = $50
- M. Kline: $12,000 x 9% x (1/12) = $90
Total interest: $1,050 + $50 + $90 = $3,150
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Related Questions
the principle that asks the decision maker to imagine the answer a highly moral person would have for the same question is the
Answers
The Correct answer is C. The principle that asks the decision-maker to imagine the answer a highly moral person would have for the same question is the principle of virtue ethics.
Virtue ethics is a technique of ethics that treats the concept of moral virtue as vital. virtue ethics is commonly contrasted with other predominant tactics in ethics, consequentialism, and deontology, which make the goodness of outcomes of an action (consequentialism) and the idea of moral responsibility (deontology) important. even as distinctive feature ethics does not always deny the importance of goodness of states of affairs or moral duties to ethics, it emphasizes ethical distinctive feature, and once in a while different standards, like eudaimonia, to an extent that different moral tendencies do not longer.
In virtue ethics, a virtue is a morally suitable disposition to assume, feel, and act properly in a few areas of life. further, a vice is a morally awful disposition related to thinking, feeling, and performing badly. Virtues aren't normal behavior; they are individual tendencies, in the feeling that they're central to a person’s character and what they are like as someone. A distinctive feature is a trait that makes its possessor a great man or woman, and vice is one that makes its possessor a horrific character.
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Complete Question:
The principle that asks the decision-maker to imagine the answer a highly moral person would have to the same question is the
A) Principle of Distributive Justice.
B) Principle of Moral Rights.
C) Principle of Virtue.
D) Universalist Principle.
When using the High Rate method to pay down debt, which debt do you focus on first after you have made all of your minimum monthly payments? a The card with the lowest interest rate b The card with the highest interest rate c The card with the highest balance d The card with the lowest balance
Answers
When using the High-Rate method to pay down debt, you should focus on the debt with the highest interest rate first, after making all of your minimum monthly payments.
What is debt?Debt refers to amount of money that an individual, company, or government owes to another entity. It is a form of borrowing that involves receiving funds from a lender with the expectation of repaying it at a later date with interest. Debt can take many forms, such as loans, credit card balances, mortgages, and bonds. It is typically used to finance investments or expenditures that an entity cannot afford to pay for outright. While debt can be useful in providing financial flexibility and allowing for the realization of long-term goals, it can also be a burden if the borrower is unable to meet the repayment obligations, leading to financial difficulties and potential legal consequences.
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Describe each integration method and when best to use it.
**The integration methods mentioned are copy and paste, linking, and embedding
Answers
office technology allows you to EMBED or place an unlinked copy Of , the contents of a word file into an excel worksheet.
after you create an object in one program , you can chose to either the LINK object or embed it in another program.
(Can you please mark me brainliest I really need it)
Assume that a certain business has $1,000 worth inventory, $1,000 cash in bank, and $10,000 receivable from customers in three months. Further, the business needs to pay a short-term loan worth $5,000 in less than six months. What might be the working capital requirement of this business?
A.
$5,000
B.
$6,000
C.
$7,000
D.
$8,000
E.
$12,000
Answers
Answer:
A. $5,000
Explanation:
Plato
The working capital requirement of this business is $5,000. Thus, option A is correct.
What is working capital?A financial term known as working capital (WC) measures the operating liquidity that is accessible to a company, organization, or other organization, including governmental agencies.
Working capital is seen as a component of operational capital, along with fixed assets like plant and equipment. Current assets are equal to gross working capital. Current assets less Current Liabilities equals Working Capital. An entity has a working capital deficiency, also known as a working capital deficit and negative working capital, if current assets are fewer than current liabilities. Despite having assets and profits, a business may lack liquidity if its assets cannot be quickly transformed into cash.
Therefore, we can conclude that option A is correct.
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Write a dynamic succseess plan for your capital growth
Answers
My dynamic success plan for capital growth is focused on four key areas: education, investment strategy, risk management, and discipline.
First and foremost, I will prioritize ongoing education to stay up-to-date on market trends and changes. I will dedicate time and resources towards researching and studying successful investment strategies and making informed decisions that align with my goals and values.
My investment strategy will be a diversified approach with long-term value in mind. I will focus on allocating resources to areas that have historically shown steady growth, while also being discerning with individual stock picks.
Risk management will also play a critical role in my success plan. I recognize that investing comes with inherent risks, and I will actively monitor and adjust my portfolio to balance risk and reward.
Finally, discipline is key to success in any endeavor. I will stick to my investment plan, stay patient through market fluctuations, and avoid reactionary decisions. Over time, I am confident that my focus on education, strategy, risk management, and discipline will help me achieve my capital growth goals.
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An excerpt of an introduction of a cover letter about an opening at Green Acres Community Center. Which type of cover letter would the above excerpt come from? a. Prospecting cover letter b. Networking cover letter c. Application cover letter d. Follow up cover letter Please select the best answer from the choices provided A B C D.
Answers
Based on the provided options, the type of cover letter that the above excerpt would come from is the c. Application cover letter.
The excerpt mentioned in the question is an introduction to a cover letter about an opening at Green Acres Community Center. An application cover letter is typically used when applying for a specific job opening. It introduces the applicant and expresses their interest in the position, mentioning the specific company or organization and the job they are applying for.
In this case, the excerpt mentions the opening at Green Acres Community Center, indicating that it is an application cover letter tailored to that particular job opportunity.
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If any body wants to be doctor ; what else does he need to do?
Answers
Answer:
go to med school
Explanation:
.........
True or False: Organizations often add enticements such as relocation assistance and career development programs to attract better applicants. This is the only benefit to having these programs.
Answers
The given statement "Organizations often add enticements such as relocation assistance and career development programs to attract better applicants." is True organizations often add enticements such as relocation assistance and career development programs to attract better applicants.
These programs not only attract better applicants, but they also provide additional benefits to both the employees and the organization. For instance, career development programs help employees improve their skills and knowledge, leading to increased job satisfaction and retention rates.
Furthermore, such programs foster a positive work environment, resulting in higher employee engagement and productivity. Meanwhile, relocation assistance eases the burden of moving for new employees, allowing them to focus on their new role and adapt to the organization more quickly.
In summary, while these programs do attract better applicants, they also provide numerous other benefits, such as employee skill enhancement, increased job satisfaction, and improved productivity, which ultimately contribute to the overall success of the organization.
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What is the typical way that interest groups try to influence policy making in the judicial branch?
Answers
Interest groups operate in a variety of ways to influence courts. Interest groups often submit amicus curiae briefs (friends of the court) to discuss specific issues.
Interest groups need a lot of money to successfully lobby. Washington DC. is one of the most expensive cities in America, so just setting up an office there can be very expensive. Stakeholders also cover food, travel and other operating costs, which can be substantial. Money alone does not allow interest groups to have influence, but lack of money usually paralyzes them. Lobbyists must also have a good reputation. For example, lobbyists who lie to legislators may be shunned or lose customers. Honesty is therefore in the lobbyist's best interest.
Interest groups influence government using one of his two strategies, the inside game and the outside game. Inside games refer to attempts to persuade government officials through direct contact with insiders. Another term for inside games is lobbying. Washington is filled with thousands of lobbyists covering every imaginable issue and perspective. Lobbyists typically work for interest groups, corporations, or law firms that specialize in professional lobbying.
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A credit card company advertises an APR of 14.7%, compounded daily. What
is the effective interest rate? Round your answer to two decimal places.
Answers
Answer:
16%
Explanation:
Effective interest rate = (1 + i/m)^m - 1
= (1 + 0.147/365)^365 - 1
= 0.1583
= 0.16 = 16%
Can you describe a time when you had to deal with an unhappy customer as a cashier?
Answers
well it depends whose fault it is and on what type of problem it is ...but there are legal actions to take .
such as going to them and asking them about the problem
trying to help Them or if they don't agree they can see the manger.
Calcular el Costo Variable Total teniendo en cuenta:
CANTIDAD PRODUCIDA: 1000 UNIDADES
COSTO VARIABLE UNITARIO: $ 50
COSTO FIJO TOTAL: $ 20.000
PRECIO DE VENTA: $ 100
Answers
By dividing the price to produce one unit of your product by the number of items you have created, you can determine the total variable cost. For instance, if producing one unit of your product costs $60 and you produced 20 units, your total variable cost would be $60 x 20 or $1,200.
What is the product?The object being sold is referred to as a product. A service or an object both qualify as products. It could take on a physical, virtual, or cyber form. Every product has a cost associated with it, and each one has a price. The market, the quality, the marketing, and the group that is being targeted all affect the price that can be charged.
the price to produce one unit of your product by the number of items you have created, you can determine the total variable cost. For instance, if producing one unit of your product costs $60 and you produced 20 units, your total variable cost would be $60 x 20 or $1,200.
Therefore, By dividing the price to produce one unit of your product by the number of items you have created, you can determine the total variable cost.
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Why a firms oline inventory control system is an example of e-business rather than e-commerce. What is the key factor in determining if a transaction is commerce
Answers
Answer:
E-business is a wider term, it refers to the business conducted online. It not only includes the buying and selling of products, but rather includes all the functions done online, example: maintaining inventory records, maintaining customer data, maintaining payroll, etc:
E-commerce is a kind of subset to e-business. E-commerce shall only refer to buying and selling of products online and do not include adjacent activities. It is of various types, business to business, business to consumer, etc:
When determining that a transaction is commerce it shall be considered as the purpose of such transaction, if the purpose is to buy and sell the product with direct link, it is commerce. Direct link means that the transaction should be for buying and selling and not the adjacent activity to that, maintaining inventory is an adjacent activity and not direct buying or selling thus, it is not business, it is commerce.
L brands owns victoria's secret, pink and bath & body works. l brands uses the these brands to reach a number of target markets. they are using a(n) ________________________ strategy.
Answers
L Brands utilizes a multi-brand strategy by owning Victoria's Secret, Pink, and Bath & Body Works to reach a variety of target markets. This strategy is known as a diversification strategy.
By having multiple brands under its umbrella, L Brands can cater to different customer segments with unique preferences and needs.
For example, Victoria's Secret targets women with a focus on lingerie and beauty products, while Pink targets younger women with a sporty and casual aesthetic. Bath & Body Works, on the other hand, targets both men and women with a wide range of bath, body, and home products.
This diversification strategy allows L Brands to capture a larger market share and maximize profitability by appealing to various customer segments. It also helps the company reduce its dependence on a single brand, spreading the risks and uncertainties associated with any one market.
In conclusion, L Brands uses a diversification strategy by owning multiple brands like Victoria's Secret, Pink, and Bath & Body Works to reach different target markets and cater to a wide range of customer preferences.
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How has information technology impacted the economy?.
Answers
The information technology creates the major growth, better economic policy in the economy
The term Information technology simply said that IT is the creation, process, storage, security, and sharing of all types of electronic data using computers, collection, connectivity, and various physical devices, infrastructure, and procedures.
Here we need to find the impact created by information technology on economy.
Here we have listed down the impacts as follows:
This one has allowed economists to better predict how resources should be allocated.
And this will also assisted governments to make better economic policy decisions.
Finally it helps in the expanded growth and outlook in information technology careers.
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Barney's snow removal service is a profit maximizing competetive firm. Barney clears driveways for $10 each. His total cost each day is $250, and half of his total costs are fixed costs
Answers
As a competitive firm, Barney's goal is to maximize profit, which occurs when his total revenue exceeds his total cost.
To determine Barney's profit-maximizing level of output, we need to examine his cost and revenue curves. Let's begin with Barney's cost structure. We are given that his total cost each day is $250 and that half of his total costs are fixed costs. This means that his variable costs each day are:
Variable costs = Total costs - Fixed costs
Variable costs = $250 - ($250/2)
Variable costs = $125
We can now use this information to determine Barney's marginal cost (MC), which is the additional cost incurred by producing one more unit of output. For Barney, his marginal cost is constant at $125 since his variable costs are constant.
Next, let's examine Barney's revenue structure. We are told that Barney charges $10 per driveway cleared, which means that his marginal revenue (MR) is also $10.
To find Barney's profit-maximizing level of output, we need to find the quantity where his marginal revenue equals his marginal cost. This is because at this point, Barney is producing the level of output where the additional revenue generated by producing one more unit is exactly offset by the additional cost incurred by producing that unit. This level of output is where Barney's profit is maximized.
Since Barney's MC is constant at $125 and his MR is $10, we can set the two equal to find the profit-maximizing level of output:
MC = MR
$125 = $10Q
Q = 12.5
Barney's profit-maximizing level of output is 12.5 driveways cleared each day. Since he cannot clear a fractional part of a driveway, he should clear 12 driveways per day. At this level of output, his total revenue will be:
Total revenue = Price x Quantity
Total revenue = $10 x 12
Total revenue = $120
His total cost at this level of output will be:
Total cost = Fixed costs + Variable costs
Total cost = $250/2 + $125 x 12
Total cost = $625
Therefore, Barney's profit at the profit-maximizing level of output is:
Profit = Total revenue - Total cost
Profit = $120 - $625
Profit = -$505
Since Barney's profit is negative, he should consider exiting the market in the long run.
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Say you find positive serial correlation for a certain variable, for example consumer confidence, that influences a certain firm’s profits. Would you therefore expect price changes in that firm’s share price to also be serially correlated? Why, or why not? Explain.
Answers
If there is positive serial correlation in a variable like consumer confidence, which influences a certain firm's profits, it does not necessarily imply that price changes in that firm's share price will also exhibit serial correlation.
Serial correlation refers to the relationship between successive observations of a variable over time. It indicates whether past values of the variable can be used to predict future values.
While consumer confidence may have an impact on the firm's profits, the relationship between consumer confidence and share price changes is more complex. Share prices are influenced by a multitude of factors, including market conditions, industry dynamics, financial performance, investor sentiment, and macroeconomic indicators, among others.
The share price of a firm reflects the collective market perception and expectations about its future prospects. It is influenced not only by the firm's current profitability but also by anticipated future earnings, growth prospects, competitive landscape, and market sentiment.
Therefore, even if consumer confidence has a positive serial correlation and affects the firm's profits, it does not guarantee that share price changes will exhibit the same serial correlation. Share prices are influenced by a broader set of factors and can be subject to a range of market dynamics, making them more unpredictable and less likely to exhibit serial correlation.
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How do you calculate a company's net worth?
a) Total up all Assets
b) Subtract total Liabilities from Stockholder's Equity
O c) Subtract Stockholder's Equity from Total Assets
O d) Subtract total Liabilities from total Assets
Answers
To find a companies net worth you subtract total liabilities from total assets
Your welcome…
If one company owns more than 50% of the common stock of another company,
a. the cost method should be used to account for the investment.
b. a partnership exists.
c. a parent-subsidiary relationship exists.
d. the company whose stock is woned must be liquidated.
Answers
Correct option is c.A parent-subsidiary relationship exists.If one company owns more than 50% of the common stock of another company, a parent-subsidiary relationship exists.
When one company acquires another company's common stock, the acquiring company's interest in the invested company must be recognized and accounted for in the financial statements. The acquiring company may take one of two approaches to recognize its investment: the cost method or the equity method.
The cost method is used when the ownership stake of the acquiring company is less than 20%. On the other hand, the equity method is applied when the ownership stake of the acquiring company is between 20% and 50%.Finally, when the ownership stake of the acquiring company is more than 50%, a parent-subsidiary relationship exists.
The invested company becomes a subsidiary of the acquiring company, which is called the parent company. In this situation, the parent company has significant control over the subsidiary, and they operate as one entity.
The parent company has several responsibilities, including preparing consolidated financial statements that reflect the financial performance of both companies.
The financial statements of both companies must be combined into one, and any intercompany transactions should be eliminated to prevent double counting. In addition, the parent company must control and manage the subsidiary, provide the necessary resources, and protect the interests of minority shareholders.
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The two methods commonly used to adjust chain centers are ______________ centers and by using a(n) __________.
Answers
The two methods commonly used to adjust chain centers are Eccentric centers and by using a(n) idler.
What is Eccentric centers?
Eccentric centers are the most commonly used to adjust chain centers in the context of chain drives. Eccentricity is a term that refers to the phenomenon of being off-center. An eccentric center, therefore, refers to a center that is not located at the exact center of rotation.
The use of an eccentric center to adjust chain centers requires a sprocket with an eccentric bore or a hub or a bushing with an eccentric bore. The chain's centerline may be adjusted to the sprocket's exact centerline by rotating the eccentric bushing or hub around the shaft while tightening the mounting bolts.The IdlerThe second method for adjusting chain centers is by using an idler. An idler is a sprocket that is not connected to the motor or driven equipment.
An idler is installed in between the driving and driven sprockets. The idler sprocket is positioned to allow the chain to pass around it before being tightened. By moving the idler back and forth, the centerline of the chain may be adjusted. An idler can also be used to maintain proper chain tension in some systems. Hence, the correct answer is Eccentric centers and idler.
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How much would you need to deposit in an account now in order to have $5000 in the account in 15 years
Answers
If we want to have $5000 in an account in 15 years with a 5% rate of return, we need to deposit $2165.58 now.
To calculate the amount that needs to be deposited now to have $5000 in an account in 15 years, we need to use the formula for compound interest. The formula is:
FV = PV x (1 + r) ^ n
Where:
FV = Future value
PV = Present value
r = Rate of interest
n = Number of periods
In this case, the future value is $5000, the number of periods is 15 years. We don't know the present value, but we know that we want to find out how much we need to deposit now. We also don't know the rate of interest, but we can assume a reasonable rate of return on our investment.
Let's say we assume a rate of interest of 5%. Using the formula, we can calculate the present value:
$5000 = PV x (1 + 0.05) ^ 15
PV = $5000 / (1 + 0.05) ^ 15
PV = $2165.58
Therefore, if we want to have $5000 in an account in 15 years with a 5% rate of return, we need to deposit $2165.58 now. It's important to note that the rate of interest and the number of periods will have a significant impact on the amount that needs to be deposited.
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Do you think large multinational corporations in general like Wal-Mart, Apple, McDonalds and Frito Lay are good or bad for the world? Is "globalization" another word for “Americanization”? Why or why not? (3 points) Explain using complete sentences.
Answers
Answer:
I think multinational corporations in like these are bad. Because even people on diets or trying to diet, and people buy it for them not knowing its hard for them to say no.
Explanation:
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The city council made an appropriation to the police department of $190,000 for the purchase of supplies and equipment. the following transactions and events occurred regarding this appropriation. 1. the department placed purchase order (po) 1 for 5 motorcycles, estimated to cost $20,000 each. 2. the department placed po 2 for crime prevention supplies at an estimated cost of $60,000. 3. the motorcycles ordered in po 1 arrived in good condition. the invoice of $100,000 was approved for payment. 4. po 3 was placed for radio equipment at an estimated cost of $20,000 . 5. the supplies ordered in po 2 arrived, along with an invoice for $64,000. the invoice was approved for payment. 6. the department obtained a check from the finance director for $500, made out to a local supplier, to purchase a new firearm for $500 on an emergency basis; no purchase order had been placed. a) prepare journal entries to record the transactions and events. charge all expenditures to supplies and equipment. (assume the approved budget has already been recorded.)
Answers
The journal entry is below.
Events Accounts Debit Credit
1. Encumbrances 50000
Budgetary fund balance 50000
reserved for encumbrances
To record PO 1
2. Encumbrances 30000
Budgetary fund balance 30000
reserved for encumbrances
To record PO 2.
3. Budgetary fund balance 50000
reserved for encumbrances
Encumbrances 50000
To reverse encumbrance for PO 1.
4. Encumbrances 10000
Budgetary fund balance 10000
reserved for encumbrances
To record PO 3.
5. Budgetary fund balance
reserved for encumbrances 30000
Encumbrances 30000
To reverse encumbrance
for PO 2.
Expenditures 32000
supplies and equipment
Vouchers payable 32000
To record approved voucher
6. Expenditures 250
supplies and equipment
Cash 250
Record emergency cash purchases.
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Using the tax rate schedule in Exhibit 4-6, determine the amount of taxes for the following taxable income amounts: ichedule Y−1− If your filing status is Married filing jointly or Qualifying widow(er)
Answers
The amount of taxes owed will be:$19,900 x 0.10 = $1,990$61,150 x 0.12 = $7,338$91,700 x 0.22 = $20,174$156,099 x 0.24 = $37,464$31,849 x 0.32 = $10,155Total Taxes owed = $77,121.
The tax rate schedule in Exhibit 4-6 is used to calculate taxes for individuals who are filing under different categories. The Schedule Y−1 is used for individuals who are married filing jointly or for those who are qualifying widows (er). Here is the table to reference for this question: Taxable IncomeTax Rate$0-$19,90010%$19,901-$81,05012%$81,051-$172,75022%$172,751-$329,85024%$329,851-$418,85032%$418,851-$628,30035%$628,301 and above37%To calculate the amount of taxes for the following taxable income amounts, we have to identify the tax rate bracket that they fall under.
Once we know the tax rate bracket, we can apply the corresponding tax rate to calculate the amount of taxes owed .Let’s consider the following taxable income amounts:$60,000$120,000$300,000$450,000For a taxable income amount of $60,000:
This amount falls under the 12% tax rate bracket since it falls between $19,901-$81,050. Therefore, the amount of taxes owed will be:$19,900 x 0.10 = $1,990$40,100 x 0.12 = $4,812Total Taxes owed = $6,802For a taxable income amount of $120,000:This amount falls under the 22% tax rate bracket since it falls between $81,051-$172,750.
Therefore, the amount of taxes owed will be:$19,900 x 0.10 = $1,990$61,150 x 0.12 = $7,338$38,849 x 0.22 = $8,547Total Taxes owed = $17,875For a taxable income amount of $300,000:This amount falls under the 32% tax rate bracket since it falls between $329,851-$418,850.
Therefore, the amount of taxes owed will be:$19,900 x 0.10 = $1,990$61,150 x 0.12 = $7,338$91,700 x 0.22 = $20,174$170,149 x 0.24 = $40,836Total Taxes owed = $70,338For a taxable income amount of $450,000:This amount falls under the 35% tax rate bracket since it falls between $418,851-$628,300.
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Please read the following case study carefully and answer the questions that follow.
When Stephanie Mayer first started working as an office assistant with AOC Enterprises Limited, she was eager and enthusiastic. She was determined to prove herself a valuable employee, so she willingly accepted additional duties and responsibilities. She eventually found that she had more work than she could manage and was unable to type some essential documents before they were due. She told her supervisor that she had placed them on her desk the previous evening, but apparently someone had moved them. When reprimanded by her supervisor, she became offended and reminded him how much she usually does for the business. She withdrew her enthusiasm and began complaining that her boss was ungrateful.
List THREE positive and THREE negative qualities that Stephanie displayed. (6points)
State TWO poor decisions Stephanie made. (2 points)
Suggest THREE ways in which Stephanie could have prevented this conflict. (6 points)
Explain how the business can be affected by the deterioration of the relationship between Stephanie and her supervisor. (4 points)
Answers
The positive qualities that Stephanie displayed include passion, determination, self-reliance while the negative qualities that she displayed include impatience, apathy, and lack of respect.
The poor decisions that were made by Stephanie include:
Complaining about how ungrateful her supervisor was.Shouting back at her supervisor rather than trying to resolve the issue.The ways that Stephanie could have prevented this conflict include:
Explaining what really happened to her supervisor.Not complaining about the ungratefulness of her boss.She could have been patient as well rather than confronting her supervisor.The deterioration of the relationship between Stephanie and her supervisor can bring about disunity in the workplace and this can lead to lower productivity.
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The foundation of a marketing plan.
Answers
Answer:
Every marketing plan should include a clear explanation of the market segmentation, target market focus, and a market forecast. To develop an effective plan based on your customers' needs and nature.
Why is a brand important to a business?
Answers
what are the 2 paths that offer the most insight on how to break away from the competition again in blue round 3 and to extend your strategic profile?
Answers
The most crucial traits of blue ocean strategy is a brand new way of fixing users' pains, this is known as value innovation. but, blue ocean answers aren't usually a hit.
Strategic profile Cutthroat opposition turns the ocean bloody crimson. for this reason, the time period 'pink' oceans. Blue oceans denote all of the industries now not in existence nowadays – the unknown market area, unexplored and untainted with the aid of competition. just like the 'blue' ocean, it's miles sizable, deep and effective – in terms of possibility and worthwhile growth.
For this blue ocean strategy the key dreams are to conquer the competition and make the most present call for. “the key desires of the red ocean approach are to beat the opposition and take advantage of present demand. One enterprise in which a purple ocean strategy might be important is the smooth drink enterprise.
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What nose ring? Should I use
Answers
a studddddd cause they look the best.
Which of these is an example of using secondary data for market research?
A. Interviewing a customer after making a purchase
B. Using census data to find information about your target market
C. Conducting a customer satisfaction survey
D. Observing a focus group test a company's new product prototype
Answers
Answer:
B. Using census data to find information about your target market
Explanation:
Using census data to find information about your target market is an example of using secondary data for market research. Option (b) is correct.
What do you mean by Focus?Focus is a center of activity, attraction, or attention.
Secondary data is information that was gathered earlier by another party. questionnaires, personal interviews, observations, experiments, etc. Publications, websites, books, journal articles, internal documents, etc. produced by the government.
Therefore, Option (b) is correct. Using census data to find information about your target market is an example of using secondary data for market research.
Learn more about Focus, here;
https://brainly.com/question/17161852
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