Answer: C. psychographic segmentation
Explanation:
From the question, we are informed that SRI International developed Values and Lifestyles (VALS). It should be noted that this will l be helpful for psychographic segmentation.
Psychographic segmentation helps to look into the behavior of consumers as it helps us analyze the needs and motives of the users thereby bringing about better communication.
Answer:
The answer is $2,000
Explanation:
A monopolist is a single seller in the industry. A monopolist can influence the market price because he is the only one selling the product in the industry and has many buyers. Monopoly is an imperfect market and there are price discriminations in this market. A monopolist can charge different prices for different people.
We have first degree price discriminations, second degree price discriminations and third degree price discriminations.
Total revenue = selling price x units sold
Selling price is $100
Units sold is 20 jackets
Total revenue is therefore, $100 x 20 jackets
=$2,000
Answer:
income summary 143,100 debit
salaries expense 143,100 credit
Explanation:
The company will do an adjusting entry to reocrd the expense for the accrued but not payed salaries of the year:
salaries expense 3,100 debit
salaries payables 3,100 credit
Thus, the total slaries expense for the year would be:
140,000 + 3,100 = 143,100
To close we will leave the expenses balance at zero thus, we will credit this amount against an auxiliary account called income summary.
Answer:
a) Augmented product: Previous Sabre models have won high praise from the automotive industry, and all 500 units of past vehicles have sold within weeks of announcement
b) Promised product: Sabre provides each potential customer with a list of customizable features that can be added during the manufacturing process.
c) Tangible product: Sabre designs and manufactures each automobile in-house; it makes every part of the car, from the tires to the brakes to the transmission to the metallic paint. Sabre employees make each car by hand.
d) Core product: Sabre is a performance automobile manufacturer headquartered in Ulster, Ireland. It has been in business for eighteen years and has brought twenty performance-oriented automobiles to market during this time.
Explanation:
a) The augmented product is defined as one that is capable of exceeding consumer expectations. In this case, the cars were sold very fast since customers were met with their expectations regarding the product offered.
b) In this case, Saber is able to customize each car with a series of additional features that offer the user so that he is able to have his own car as he would like
c) Tangible products are defined as goods or services that are manufactured, dispatched and delivered, that is, in this case, cars
d) Saber's main product is the manufacture of high performance cars. That is its main product and its strength in the business
Answer:
Order size = 50 cars
The number of orders=25
Explanation:
<em>The Economic Order Quantity (EOQ) is the order size that minimizes the balance of ordering cost and holding cost. At the EOQ, the carrying cost is equal to the holding cost. </em>
It is computed using the formulae below
EOQ = √ (2× Co× D)/Ch
Co- Ordering cost, Ch- Carrying cost - D- Annual demand
EOQ= √2× 1000× 1250/1000= 50
Number of cars to be ordered per time, i.e optimal order size= 50 cars
Order size = 50 cars
b)
The number of times orders should be placed per year would be calculated as follows:
The number of orders = Annual demand/ order size
The number of orders= 1250/50 = 25
The number of orders=25
