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2 years ago

Multi-product branding is:_______.

Business

1 answer:

Elan Coil [88]2 years ago

8 0

Answer:

b. a branding strategy in which a company uses one name for all of its products in a product class.

Explanation:

Multi-product branding is a branding strategy in which a company uses one name for all of its products in a product class.

Multi-product branding is a business strategy widely used by manufacturers, it involves producing and selling multiple products using the same brand name for all.

For instance, Pears may have Pears diapers, clothing lines, lipstick ranges, shoes, body lotions, eye shadow, foundation etc. They are all different products manufactured and all branded as Pears.

The merits and advantages of Multi-product branding is high brand awareness, low promotional and advertising costs, and brand equity return.

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What unique things would separate you from other applicants applying for this money?

Sergio039 [100]

The unique things that would separate me from other applicants applying for this job are the ff: (1) i do not care of the compensation but more on the learning i can gather at the end of the day; (2) it has always been my passion to the job; and (3) i want to share my skills and talents to the company as well.

4 0

2 years ago

Read 2 more answers

Company XYZ has 2 fixed price contracts for 2 different clients. The company has enough capacity for both contracts but is uncer

frozen [14]

Answer:

The contract A yields a loss under ABC but Contract B yields a profit.

ABC Profit contract A $ (3000) contract B $ 11250

Under absorption costing both contract yield profits.

Absorption Profit contract A $ 3250 contract B $7500 

Management should make decisions using ABC and reject Contract A and accept Contract B.

Explanation:

Customer AAA BBB

Component Type A999 B999

Contract Value ($) $27,000 $100,000

Contract Quantity 1,000 unit 2,000 unit

Material cost/unit $15 $20

Molding time/batch 5 hours 7.5 hours

Batch size 100 units 50 units

Activity Based Rate= Cost per Unit of Cost Driver

Activity Cost driver Cost Rate

Molding 2,000 $150,000 $150,000 / 2,000 = 75

Inspection 150 $75,000 $75,000/150 = 500

Production 20 $125,000 $125,000/20= 6250

Total $ 350,000

Cost Drivers Consumed

Activity A999 B999

Molding time/batch 5 hours* 10 7.5 hours *40

50 300

Batch size 1,000 unit/ 100 units 2,000 unit/50 units

= 10 =40

ABC Profits for Each Contract

A999 B999

Selling Price $27,000 $100,000

Materials 15*1000 20 * 2000

= 15000 = 40,000

Molding 50 hours *75 300* 75

3750 22500

Inspection 10 batches *500 40 batches *500

$ 5000 $ 20000

Management Contracts $ 6250 $ 6250

Total $ 30,000 $ 88,750

Profit $ (3000) $ 11250

Overhead Rate Absorption Costing

Total Overheads= ( 150,000 + 125,000+ 75000) = $ 350000

Annual Molding Hours = 2000

Rate= $ 350,000/2000=$ 175 per molding hour

Absorption Costing

Profit For each Contract

A999 B999

Selling Price $27,000 $100,000

Materials 15*1000 20 * 2000

= 15000 = 40,000

Overheads 50 hours *175 300 Hours *175

= 8750 = 52,500

Total Cost 23750 92500

Profit 3250 7500

The contract A yields a loss under ABC but Contract B yields a profit.

Under absorption costing both contract yield profits.

Management should make decisions using ABC and reject Contract A and accept Contract B.

3 0

2 years ago

Lori, who is risk averse, has two pieces of jewelry, each worth $1,000. She plans to send them to her sister's firm in Thai

Mkey [24]

Answer:

The correct answer is the option E: higher if she sends the jewelry to Thailand in separate boxes because she's risk averse.

Explanation:

On the one hand, if Lori is risk averse then that means that she tends to prefer the less risk that can be in the moment of making a decision without given importance to what she can make of that decision.

On the other hand, the expected utility hypothesis states that Lori will choose the option that will have a greater utility according to the situations.

In conclussion, Lori will choose to send the jewelry to Thailand in separate boxes because she is risk averse and she will prefer to expend more money and lower the risks and by doing that she will have a higher expected utility.

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2 years ago

Mallory gets paid a set amount of money based on the time she puts in at her place of work. This amount of money is not tied to

Ahat [919]

Answer:

the time rate system

Explanation:

The wage payment system is divided into three major types:

Time rate: employees are paid on the basis of time, e.g. per hour, day or week. This payment system doesn't consider any type productivity factors. The main advantage of using this payment system is its simplicity: e.g. amount of hour worked x wage per hour = total salary.
Piece rate: employees are paid on the basis of quantity and quality of work performed (productivity).
Incentive wage: combination of the two prior systems, where employees are paid a fixed time rate plus a bonus or incentive pay depending on productivity.

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2 years ago

Yogi expects to produce 1 comma 700 units in January and 2 comma 180 units in February . The company budgets 3 pounds per unit o

algol [13]

Answer and Explanation:

The Preparation of Yogi 's direct materials budget for January and February is shown below:-

Direct material budget

Two months ended Jan 31 and Feb 28

January February

Budgeted units to be produced a 1,700 2,180

Direct material pounds per unit b 3 3

Direct materials needed for

production (c = a × b) 5,100 6,540

Add: Desired direct material

in ending inventory (pounds) d 3,060 4,300

(5,100 × 0.6)

Total direct materials needed 8,160 10,840

(e = c + d)

Less: Direct material beginning in

inventory(pounds) f 5,200 3,060

Budgeted purchase of direct

material g = e - f 2,960 7,780

Direct material cost per pound h $15 $15

Budgeted cost of direct material

purchases i = g × h $44,400 $116,700

5 0

2 years ago