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Gennadij [26K]
2 years ago
8

Suppose you have been hired as a management consultant by a major oil company to help it optimally price gasoline at its service

stations. your client has requested that your consulting team expatiate on the factors that impact gasoline prices. one of the members of your​ team, debbie, states that she has noticed that gasoline prices seem to rise in years when a national league baseball team wins the world series.
Business
1 answer:
In-s [12.5K]2 years ago
8 0
<span>Correlation doesn't prove causation. Debbie's observation doesn't prove a relationship between oil prices and who wins the world series and therefore should not be included in any recommendation given to the oil company.</span>
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Customers around the world know Pepsi and consider it a primary "go-to" brand if they want a refreshing drink. This positioning
Sedbober [7]

Answer:

B. targeting strategy and marketing mix

Explanation:

In business, Targeting strategy refers to a strategy that a company implemented to sell their product to specific group of consumers.

In pepsi's case, they focus their targeting strategy toward the consumers who want a refreshing drink.

Marketing mix is a marketing strategy that is revolved around  product, price, place, and promotion. Companies could utilzie this 4 factors to create a business model that can make their targeting strategy succesful.

In pepsi's case:

They sold their product in almost every convenience store <u>(place) .</u> Making it easier for consumers who currently crave refreshing drinks. The <u>price </u>of Pepsi's product is very affordable.

<u>They designed and promote their produc</u>t to obtain a reputation as refreshing  a product that can relinquish your thirst.  You can see it in most of their advertising. Most of it consist of people in a hot weather that craves something cold and refreshing.

8 0
2 years ago
Solartech Corporation, a U.S. exporter, sold a solar heating station to a Japanese customer at a price of 143.5 million yen, whe
Ulleksa [173]

Answer:

$929,404.15 (approx)

Explanation:

The dollar amount actually earned by Solartech after exchanging yen for U.S. dollars :-

= Price ÷ One dollar bought

= 143,500,000  ÷ $154.40 yen

= 143,500,000 ÷ $154.40  yen

= $929,404.15 (approx)

Therefore for computing the dollar amount actually earned by Solartech after exchanging yen for U.S. dollars, we simply divide price by one dollar bought.

3 0
1 year ago
On April 1, Griffith Publishing Company received $24,480 from Santa Fe, Inc. for 36-month subscriptions to several different mag
photoshop1234 [79]

Answer:

Dr Unearned Fees, $6,120

Cr Fees Earned, $6,120

Explanation:

Based on the information given we were told that the On April 1, the Company received the amount of $24,480 for 36-month subscription in which the company credited Unearned Fees for the amount received therefore the adjusting entry that the company should be record on December 31 of the first year will be:

Dr Unearned Fees, $6,120

Cr Fees Earned, $6,120

Working:

Amount the company received $24,480 ÷Months of Subscription 36 months

*April to December will give us 9 months

Hence,

$24,480/36*9

=$680*9

=$6,1,20

6 0
1 year ago
Suppose that you inherited some 2.25% US Treasury bonds from your grandfather that mature in 2027. Although they were originally
zubka84 [21]

Answer:

we will sell bond and invest for better investments

Explanation:

we know here that Yield on Treasury Bond of Grandfather =  2.25%

so we believe interest rate will be continue for rise

Bond are valued = $950

so we  the Bond and invest the proceed for better interest rate

and

we know  Grandfather bond price will be decrease if rate increase as that we predict

because we know  Bonds prices and the interest rate is inversely proportional to the each other

so as that  if interest rate increases Bonds prices will be decrease

and the Vice Versa

so that we will sell bond and invest for better investments

because here if once the interest rate increase then he will selling point regarding for Bond and price will be fall

8 0
2 years ago
Economists who view the AS curve as upward-sloping believe that changes on the demand side _______ result in changes in Real GDP
Yanka [14]

Answer:

May; cannot do anything

Explanation:

In the short run, the aggregate supply curve will react to price level, which means it is upward sloping rather than vertical. If the price level increases, quantity supplied will increase. If the price level decreases, the quantity supplied will decrease.

5 0
2 years ago
Read 2 more answers
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