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luda_lava [24]
2 years ago
13

________ reject most traditional advertising and use multiple sources—traditional media, the Internet, product-rating magazines,

recommendations from friends in-the-know—to not only research a product, but to negotiate price and other benefits.
Business
1 answer:
ser-zykov [4K]2 years ago
3 0

Answer:

Proactive consumers

Explanation:

Proactive means acting in advance to deal with an unexpected change or difficulty in the future.

Proactive consumers refers a group of consumers who are an intrinsic part of the creative process of developing a product. They are the active consumers. They are not a part of the passive consumers where industry dumps consumer goods.

Proactive consumers are part of the production and marketing process of a product. They make research on how a product can be improved on.

Proactive consumers reject most traditional advertising and use multiple sources—traditional media, the Internet, product-rating magazines, recommendations from friends in-the-know—to not only research a product, but to negotiate price and other benefits.

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A ________ is when one party in a financial contract has incentives to act in its own interest rather than in the interests of t
denis23 [38]

Answer:

conflict of interest                          

Explanation:

An industry conflict of interest generally relates to a scenario where the personal ambitions of an employee seem to be in conflict with both the professional interests owed to the hirer as well as the corporation where they are engaged.  

A conflict of interest emerges when an individual chooses personal benefit over an institution's obligations in that he or she is a stakeholder and in some way misuses his or her status for personal benefit.

Conflict of interest may result in legal consequences and job losses. Nevertheless, when there is a presumed conflict of interest or the individual has still not functioned maliciously, the individual may be removed from the scenario or judgment whereby a probable conflict of interest may emerge.

7 0
1 year ago
Cocoa nibs from Nigeria last year was supplied at $9 per 10 pounds. This year the demand has increased and that same supply of N
Juliette [100K]

Answer:

The supply of Nigeria cocoa nibs will increase this year.

Explanation:

last year Nigeria supplied at $9 per 10 pounds but this year its supplying at $12 per pounds, this means that the Nigerian nibs quantity will have to increase to cover up for the demand of its goods.

3 0
2 years ago
Recher Corporation uses part Q89 in one of its products. The company's Accounting Department reports the following costs of prod
Leto [7]

Answer and Explanation:

The preparation of the financial impact is shown below:

Particulars                                     Make                         Buy

Direct Material (7,400 × $7.50) $55,500  

Direct Labor (7,400 × $4.20) $31,080  

Variable overhead (7,400 × $8.30) $61,420  

Supervisors salary (7,400 × $3.20) $23,680  

Depreciation on special equipment $0                          $0

General overhead                    $3,400  

Purchase cost (7,400 × $27)                               $199,800

Opportunity cost                                               $(18,000)

Total Annual Cost                      $175,080                $181,800

b. As we can see that the total annual making cost is $175,080 and the total annual buying cost is $181,800 which increase the cost by $6,720. So in this case the company should make the product rather than buying them

4 0
2 years ago
Grant Company gathered the following reconciling information in preparing its July bank reconciliation: Cash balance per books,
ddd [48]

Answer:

a. $4,160.

Explanation:

The bank reconciliation is one done between the balance per the books and balance per the bank statement. This is usually as a result of transactions known as reconciling items.

These are items that have either been recognized in books but yet to be recorded by the bank or vice versa, transactions recorded wrongly by one of the parties etc.

The adjusted cash book balance is one that contains the necessary adjustments to transactions captured in the bank statement but yet to be recorded in the books.

The adjusting items are

  • Notes receivable and interest collected by bank 850
  • Bank charge for check printing 20
  • NSF check 170

Hence the adjusted cash balance

= $3500 + $850 - $20 - $170

= $4,160

6 0
2 years ago
Feather Friends, Inc., distributes a high-quality wooden birdhouse that sells for $20 per unit. Variable expenses are $8 per uni
mars1129 [50]

Answer:

Explanation:

Sales Price p.u                           =  20

Variable Cost                             =  (8)

Contribution per unit                = 12

C.M Ratio = 12/20   = 60%

2)

break even =   fix cost/ Cm per unit

Break Even =  180,000/.6

Break Even =   300,000

3) Fix will not change due to increase in units sold

75000/20= 3750 increase in units

CM in $=   3750*12 = 45000

Net operating already given in the question =60000

Increase in operating inc. due to increase in sales= 45000

Total Net operating income = 105000

4.a)

degree of operating leverage=Change in operating income/ change in sale

degree of operating leverage=  45000/75000 = 0.6

4.b)

Sales with 20% increase = 400000*1.2 = 480000

Varible cost 20% increase = 160000*1.2 =192000

Fix Cost                                                      =180000

Operating Income                                     =108000

Net increase in operating income = 108000/60000-1 = 80%

5)

A)                                               10% Decrease   25% increase in units

Sales                 400000     360000        450000

Variable Cost -160000   0                -200000

Selling Cost                 0      -30000         -30000

Fix Cost                 -180000         0               -180000

Net Oper. Income    60000                          40000

Decrease in price will not affect the cost but sales will decrease by $40000

Increase in Sales units will also increase the Cost affects are shown above

In both case Fix cost will remain the same.

6.B)

No i will not recommend the manager's suggestion because the net operating will decrease by $ 20000 as shown above in part 5.a

6)

operating Income = 60000

Advertisement Expense = 60000

Current units sale = 20000*25% = 5000 increase in units

Net Cm * Increase in Units = 5000*12 = 60000 incremental Income Due to increase of 25% Sales

So putting the Same operating income That is 60000 and we have incremental income that can be used as Advertisement expense i.e 60000

4 0
2 years ago
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