Answer: 1. The core benefit
2. Expected product
Explanation:
Product Levels model indicates the degree to which certain products and services meet the expectations of customers. There are basically five product levels models which include; Core benefit, Generic product, Expected product, Augmented product, and Potential product.
The two product levels model Carrie experienced in her purchase of the Nikon 7576, and Monarch 5 are;
a. The core benefit: A product meets the core benefit when it meets the needs of the customer. The two products purchased by Carrie satisfy her basic need of binoculars that would enable her to observe wildlife from a distance.
b. Expected Product: This is factored when the product features meets the expectation of the customer. In Carrie's case, she liked the feel and features of these devices and this implies that they met her expectations.
Answer:
My job consists of controlling all day-to-day operations of the golf club, our alternative revenue outlets, and our personnel. Additionally, my responsibilities include all human resources decisions, P&L (profit and loss) development and execution, marketing, event sales and coordination, and capital improvement decision making.
Explanation:
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Answer:
The answer is $1000.
Explanation:
We can define fixed cost as the costs that does not increase or decrease as with the change in the service given or the goods produce.
According to this, we can say that the $16 price per meal and therefore the $4 ingredients are not included in the fixed cost. The light, heat and fuel are also dependent on the usage, so they do vary with the service given.
The other costs given in the question are eligible to be counted as fixed costs because they are not dependent on the number of costumers or the amount of food served.
So the fixed costs for Bella Capri per week is $250 + $150 + $600 = $1000.
I hope this answer helps.
Answer:
The journal entries are as follows:
(i) On December 31,
Service revenue A/c Dr. $25,000
To income summary A/c $25,000
(To record the service revenue)
(ii) On December 31,
Income summary A/c Dr. $18,400
To wages expense $14,400
To rent expense $4,000
(To record the rent and wages expense)
(iii) On December 31,
Income summary A/c($25,000 - $18,400) Dr. $6,600
To Retained earnings $6,600
(To record the Retained earnings)
(iv) On December 31,
Retained earnings A/c Dr. $1,400
To dividend A/c $1,400
(To record the dividend)
Answer:
Forming subgoals
Explanation:
Subgoal is formed when learners are working toward a certain goal and notice that a set of steps puts them in a situation that allows them to ultimately achieve the goal.