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harkovskaia [24]
2 years ago
12

Pitkin Enterprises produces animal figurines for children and young adults. For children, it makes hard-to-break figurines that

are promoted and distributed in the same manner as the delicate, porcelain ones made for young adults. Pitkin engages in multi-segment targeting.
a. True.
b. False.
Business
1 answer:
Kryger [21]2 years ago
7 0

Answer:

The correct answer is letter "A": True.

Explanation:

Multi-segment targeting or market segmentation is the classification a company makes to differentiate its existing or potential customers by features such as age, gender, income or occupation. This is done to provide customers a more tailored product according to their characteristics and demands.

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Choosing firm goals for your business
meriva

A. allows you to diversify as opportunities develop.

4 0
2 years ago
Read 2 more answers
Isabella needs to create a mini-presentation with her group for an advertising campaign project in her marketing class. What typ
Eva8 [605]

Answer: Social learning

Explanation:

Isabella is involved in social learning with her learning group, in preparation for her mini-presentation on an advertisement campaign.

Social learning involves a form of learning done in groups where ideas are exchanged and learning is enhanced.

5 0
2 years ago
Mother & daughter jewelers breaches its lease with longview mall and vacates the premises six months before the end of the t
evablogger [386]

The answer to the question is use reasonable means to find a new tenant to mitigate damages. This particular approach is actually the preferred method when dealing with contract breaches, which is part of the duty to mitigate, applied to the landlord.

In this context, Longview Mall has a duty to find another tenant to ensure that the property does not sit empty for a long period of time (maximum 2 years).

5 0
2 years ago
Jackson Brothers decided to create a petty cash fund. They estimated that $200 would be needed in the fund. Demonstrate the corr
jok3333 [9.3K]

Answer:

Petty Cash is debited for $200; Cash is credited for $200

Explanation:

Based on the information given in a situation were they decided to create a petty cash fund in which it was estimated that the amount of $200 would be needed in the petty cash fund which means that the correct journal entry to create the account is to DEBIT Petty Cash with the amount of $200 and to CREDIT Cash with the amount of $200.

Petty Cash is debited for $200

Cash is credited for $200

6 0
2 years ago
Marinette Company makes several products, including canoes. The company has been experiencing losses from its canoe segment and
Savatey [412]

Answer:

a) Net income lost from discontinuation $235,000

b) Canoe should not be discontinued because a sum worth $235,000  generated by canoe would be lost if it is discontinued.

Explanation:

If canoe is discontinued the net income lost will be calculated as follows:

                                                                                 $

Sales revenue                                                  2,600,000

Variable cost                                                    <u> (1,870,000)</u>

Contribution                                                        730,000

Direct fixed cost                                                 <u>(495,000)</u>

Net income lost                                                    <u>235,000 </u>

a) Net income lost from discontinuation $235,000

b) Canoe should not be discontinued because a sum worth $235,000  generated by canoe would be lost if it is discontinued.

Note that the indirect  fixed cost is not associated with the production of canoe , therefore whether or not canoe is produced it will still be incurred either way.

The direct fixed costs are associated with production of canoe hence, they are subtracted.

8 0
2 years ago
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