_______ strategies involve developing and selling new products to people who are already purchasing the firm's existing product

A pharmaceutical manufacturer offers monetary incentives to its sales representatives to promote a new drug to the medical profe

Advocard [28]

Answer:

pull strategies

Explanation:

A pull tactic is a method used to get one to the consumer. Rather of pressing the company into the client, pull approach includes the use of pull strategies or knowledge exchange to draw the consumer. Such clients would also continue selling the company for you.

The industry words pushing and pulling emerged in manufacturing and business process planning, but are now commonly used in promotions, as well as becoming a concept commonly used in hospitality delivery. Walmart is indeed an example of a corporation employing the push vs. pull technique.

6 0

2 years ago

Nan presents her plan for a slip-on shoe that is water repellent, inexpensive, and highly fashionable. She believes that the mar

Mazyrski [523]

Answer:

c. the exaggerated hockey stick

Explanation:

Based on the information provided within the question it can be said that the business plan error that Nan is incurring is the exaggerated hockey stick. In the context a business, "a hockey stick" explains a startups growth as a linear steady growth at launch until it hits a certain tipping point and has a growth explosion. It seems though, that in this scenario Nan is exaggerating the initial growth aspect of the startup as saying that they can capture 40% of the market, which is an extremely high value.

5 0

2 years ago

The Supplies account for Vulcan Cleaning Services had a debit balance of $200 at the beginning of the month. Additional supplies

dmitriy555 [2]

Answer:

$1,000

Explanation:

Beginning balance in supplies account = $200

The supplies account is an asset account and ordinarily should have a debit balance. If additional supplies of $1,400 were purchased during the month, it goes into the account as a debit.

If at the end of the month, only $600 of supplies was still on hand total supplies expense

$200 + $1,400 - supplies expense = $600

supplies expense = $200 + $1,400 - $600

= $1,000

The supplies expense is debited when supplies are used and the corresponding credit goes to the supplies account.

7 0

2 years ago

Nieto Company’s budgeted sales and direct materials purchases are as follows. Budgeted Sales Budgeted D.M. Purchases January $ 2

inn [45]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Budgeted Sales:

January $ 237,400

February 251,400

March 336,600

Nieto’s sales are 30% cash and 70% credit. Credit sales are collected 10% in the month of sale, 50% in the month following sale, and 36% in the second month following sale; 4% are uncollectible.

Cash collection March:

Cash sales= 336,600*0.3= 100,980

Credit Sales March= (336,600*0.7*0.1)= 23,562

From February= (251,400*0.7*0.5)= 87,990

From January= (237,400*0.7*0.36)= 59,824.8

Total= 272,356.8

4 0

2 years ago

At the end of the current year, the accounts receivable account has a debit balance of $947,000 and sales for the year total $10

ExtremeBDS [4]

Answer:

A.$26,850

B.$28,200

C.$80,550

D.$53,000

Explanation:

Calculation to Determine the amount of the adjusting entry to provide for doubtful accounts under each of the assumptions

A.) We are using net sales as a basis, therefore the balance in the allowance account is ignored.

$10,740,000 x 1% x 1/4 = 26,850

26,850- 12,800

= 14,050 adjustment

B.) We are using Accounts Receivables as the basis, therefore the balance in the allowance account needs to be considered.

41,000 - 12,800 = 28,200 adjustment

C.) Since allowance account before adjustment has a debit balance of $5,700 in which Bad debt expense is estimated at 3/4 of 1% of net sales. The adjustment will be:

10,740,000 x 1% x 3/4 =80,550

80,550 - 5,700 = 74,850 adjustment

D.) Since we have a debit balance, the adjustment would be :

47,300+ 5,700 = 53,000

8 0

2 years ago