All categories

2 years ago

By using focus group feedback, Kraft was able to develop a positioning strategy. Focus groups are what type of research?

Business

1 answer:

Harrizon [31]2 years ago

8 0

Answer:

qualitative research

Explanation:

qualitative research deals with non-numerical data, it involves collection and analysing of data by open question method to gather in-depth information about the service/product situation from the respondent.

It should be noted that, Focus groups are qualitative research type research.

Focus groups can be as well regarded as market research, it is base on the logic of seeking the opinion, view, of people about a particular concept, product/services. It involves sourcing some number of people with purchase history or idea about a product to give "feedback".

You might be interested in

Marin Products produces three products — DBB-1, DBB-2, and DBB-3 from a joint process. Each product may be sold at the split-off

sattari [20]

Answer:

MARIN PRODUCTS

Selling after further processing

DBB-1 DBB-2 DBB-3

unit 16,000 24,000 36,000

Sales revenue after

processing $1,040,000 $1,200,000 $2,700,000

Joint Cost (757,895) (1,136,842) (1,705,263)

Separate processing cost (110,000) (44,000) (66,000)

Net Income 172,105 10,158 928,737

selling at slipt off point

DBB-1 DBB-2 DBB-3

unit 16,000 24,000 36,000

Sales revenue $400,000 840,000 1,980,000

Joint Cost (757,895) (1,136,842) (1,705,263)

Net Income (357,895) (296,842) 274,737

Decision : All products should be processed further in order to increase the profit of the company

Allocation of Joint Cost

Cost per unit = $3,600,000/76,000= $47.37

DBB-1 = $47.37*16,000 = $757,895

DBB-2 = $47.37*24,000 = $1,136,842

DBB-3 = $47.37*36,000 = $1,705,263

Explanation:

8 0

2 years ago

Silicon Technologies, currently sells 17" monitors for $270. It has costs of $210. A competitor is bringing a new 17" monitor to

Alex_Xolod [135]

Answer:

Option C-$172.50

Option C,($190,000)is correct

Explanation:

Target cost=competitive market price-target operating profit

competitive market price is $230

target operating profit is 25% of selling price=$230*25%=$57.50

target cost=$230-$57.50=$172.50

Option C is correct as a result of the above computation

Current operating income =($270-$210)*5000=$300,000

new operating income=($230-$210)*(5000*110%)

=$20*5500=$110,000

The new operating is $110,000 from $300,000 recorded earlier,in a nutshell ,the operating income would reduce by $190,000($300,000-$110,000)

Option C is the correct answer

4 0

2 years ago

A. when you create a sculpture for art, is it copyrighted? _____________ what about a poster you make on the computer for techno

strojnjashka [21]

Copyright is a tangible form of protection for intellectual property (original works including literary, dramatic, musical, artistic, ) provided by the laws of the United States. It can be published or unpublished.

The law aims to encourage the creation of art and culture by giving the authors and artists a set of exclusive rights which includes the right to make and sell copies of their works, create derivative works, and perform or display their works in public.

• A. when you create a sculpture for art, is it copyrighted? Yes, A sculpture of art can be copyrighted.

• NO. A poster you make on the computer for technology class, not an original artwork.

• Yes. As long as the dance you created in P.E. is original.

• Yes, you have to file for copyright protection.

• b. If you live until 75 years old, copyright will expire 70 years after your death.

• C. The “Fair Use doctrine”

3 0

2 years ago

The following information is available for the first year of operations of Creston Inc., a manufacturer of fabricating equipment

Nadusha1986 [10]

Answer:

a.$7,175,000

b.$3,655,000

c.$2,825,000

Explanation:

a.Calculation of Cost of Goods Sold

COGS= Sales - Gross profit

=12375000-5200000

=$7,175,000

Cost of Goods Sold for Creston Inc is $7,175,000

b. Calculation of direct materials cost

Direct Material Cost = Materials purchased - Indirect materials - Materials inventory

=4125000-180000-290000

=$3,655,000

Direct materials cost is $3,655,000

c. Calculation of direct labor cost

Direct labor cost= Total manufacturing costs for the period - Direct materials - factory overhead (Indirect labor + Indirect materials + Other factory overhead)

=7880000-3655000-1400000

=$2825000

Direct labor cost is $2,825,000

5 0

2 years ago

PLEASE HELP!!!

Feliz [49]

A) they should use the date format while naming the file so they can be organized while presenting on looking for information

4 0

2 years ago

Read 2 more answers