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Sergeeva-Olga [200]
2 years ago
9

During the ________ phase of the product life cycle, the company incurs considerable costs for educating customers, building wid

espread dealer distribution, and encouraging demand.
Business
1 answer:
77julia77 [94]2 years ago
3 0

Answer:

Introductory phase

Explanation:

During the <u>Introductory phase</u> of the product life cycle, the company incurs considerable costs for educating customers, building widespread dealer distribution, and encouraging demand. In this phase, the company tries to build brand awareness and a market for the product. Pricing of the product during this time might be low as well.

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Many business software services are offered as ____, including applications geared for collaboration, scheduling, customer servi
Alexandra [31]
<span>Many business software services are offered as running services, including applications geared for collaboration, scheduling, customer service, accounting, project management, and more. 

A running service is a service that is ongoing and always running "in </span>the background". These services help facilitate so many actions of the business and how it operates. When these applications are running, they are able to streamline important parts of the business and work behind the scenes. 
8 0
1 year ago
Denmark Corporation's variance report for the purchasing department reports 1,000 units of material A purchased and 2,400 units
Nadusha1986 [10]

Answer:

Total material price variance= $380 favorable

Explanation:

Giving the following information:

Material A:

Purchase= 1,000 units

Purchase price= $2.1

Standard price= $2

Material B:

Purchase= 2,400 units

Purchase price= $2.8

Standard price= $3

<u>To calculate the total material price variance, we need to use the following formula on each material:</u>

<u></u>

Direct material price variance= (standard price - actual price)*actual quantity

<u>Material A:</u>

Direct material price variance= (2 -2.1)*1,000

Direct material price variance= $100 unfavorable

<u>Material B:</u>

Direct material price variance= (3 - 2.8)*2,400

Direct material price variance= $480 favorable

Total material price variance= -100 + 480

Total material price variance= $380 favorable

3 0
2 years ago
Bill's product manager is under pressure to increase market share, but is uncertain about how to make the product more competiti
saul85 [17]

Answer:

Consider the following explanation

Explanation:

The product already enjoys relatively high awareness and accessibility therefore Increasing awareness by 5% does not need to increase market share quickly,thus A) Increase awareness by 5% is incorrect.

Re-position the product to the ideal spot within the segment shall take a lot of time for the company to grab the market share.So D) is incorrect.

Increase in unit contribution margin by decreasing the MTBF need not increase the sales in the market thus B is incorrect.

C) Lower the unit selling price to the bottom limit of the segment price range seems correct by Lowering the unit selling price to the bottom limit of the segment price range the demand shall increase for the product increasing the market share in shorter term.

3 0
1 year ago
The brand resonance model Select one: a. traces the value creation process for brands b. describes how to create intense, active
Vitek1552 [10]

Answer:

The answer is b) describe how to create intense and active loyalty relationships with customers.

Explanation:

The resonance model refers to the nature of the consumer's relationship with the brand, and the degree of synchronization that the consumer has with the brand. It is about answering questions that serve to define as a brand/company, questions that deepen issues of how the company is perceived by the target audience and will be the differential point that will generate the correlation of mutual interests with the brand and the consumer.

7 0
2 years ago
On November 15, Meier Company received $3,000 cash from a customer for services that were performed on November 1. According to
Leya [2.2K]

Answer:

November 1

Explanation:

As per generally accepted accounting principles (GAAP), when the goods or services are delivered the revenue should be recorded and the transaction done in all respects.

The principle of revenue recognition occurs when the revenue is realized or earned, whether cash is obtained or not and it also meets the accounting accrual basis. Realizable here means that the consumer receives the product but the payment is made later.

Therefore, the revenue should be recorded on November 1

7 0
2 years ago
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