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A: An item's life cycle is from an item initially being acquainted with buyers until it is eliminated…
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A: Pricing will help the company to bring in profits. There are various cost which will be calculated…
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A: Every company will create value in terms of products and services for consumers. Companies will be…
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A: Every company will create value for customers in terms of products and services. It will also create…
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A: Pricing is to set monetary value on the product and services of the company. There are various…
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A: Product modification is the process of improving existing products by making necessary changes to…
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A: Retailers are smallest part of distribution channel but are close to customers than producers and…
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A: A wholesaler is one of the significant elements of the product supply chain. A wholesaler is a…
Q: Define breakeven quantity.
A: Breakeven quantity is the units that a small business needs to sell to cover the marketing program.
Q: What is marginal revenue (MR)?
A: Marginal revenue (MR) is the expansion/additional in income that comes from the offer of one extra…
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A: Wholesalers assume a significant part in the advertising channel structure. On the other hand,…
Q: How total cost of a product is calculated?
A: The price a seller charges needs to consider, and be consistent with, the objectives and costs of…
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A: The fundamental motivations behind research are to illuminate activity, accumulate proof for…
Q: Explain Average total cost (ATC)?
A: When pricing products and services, determining the average total cost is critical because it…
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A: Dun & Bradstreet is a global commercial database global company. It has database system, as well…
Q: What is meant by automatic vending?
A: The distribution channel is the medium through which the product will reach to customer from the…
Q: Which of the following is NOT likely to be found in a company with a marketing orientation?…
A: Concept Of Market Orientation - Market Orientation, is a type of concept, which is defined as a kind…
Q: Why line extensions are more common than new products?
A: Product- It is any item or service that a company sell to serve their customer's needs and wants.…
Q: How comparison discounting can impact customers’ decisions?
A: The discounts are calculated by the sellers by multiplying the discount percentage with the initial…
Q: How to check the dimensions of quality?
A: Quality of Service and congestion control are the two associated concepts. That essentially means,…
Q: What are imitative products?
A: Businesses that enter a crowded market with many visible or innovative competitors are using…
Q: Explain the maturity stage?
A: An item's life cycle is from an item initially being acquainted with buyers until it is eliminated…
Q: Explain the Price Strategy?
A: Marketing mix is developed with strategy of getting controllable factors centred towards customers'…
Q: What ethical considerations would you consider during or before undertaking any research?
A: Ethical consideration is a set of principles as well as values that should be maintained while doing…
Q: How might buyers’ perceptions of price influence pricing decisions?
A: Price is important because it can influence whether or not a customer buys a product. After all,…
Q: Explain product life-cycle.
A: Concept Of Product - Product, is that type of concept, which is described as a type of an item or a…
Q: If we use the model of the hierarchy of effects to define the communication objectives, in order for…
A: The hierarchy of effects model instructs advertisers to create advertisements in such a way that…
Q: Public relations (PR) are two-way communication between an organisation And its various publics. It…
A: Since you have posted multiple questions, we will solve the first question for you as per our…
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A: The answer may vary according to business capacity. As amazon is a big platform to sell, every…
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A: Brand promise - A emblem promise is a fee or revel in a enterprise`s clients can anticipate to…
Q: How would you classify Mi Ola’s consumer products? Explain your answer.
A: A product can be denoted as any tangible item that can satisfy the needs and wants of the consumer.…
Q: When benefits do we get when Cost-Oriented Tactics are applied?
A: Pricing methods are the techniques used to determine the final price of goods and services by taking…
Q: What is Uniform delivered pricing?
A: It is a type of estimation in which the consumer has the choice to acquire at the same price…
Q: What is a product mix?
A: A product is an item that a company makes or buys to meet the needs of its customers. It is the…
Q: What types of obstacles do cloud-based businesses face? Is there an advantage or disadvantage to…
A: You may as of now have found out about the term Cloud computing. Subsequently, put in a nutshell,…
Q: What is meant by piggyback?
A: Marketing strategy is initiated for the purpose to organizing and allocating all business resources…
Q: What is The Sacrifice Effect of Price?
A: Price is the monetary value side by the company to create an exchange with customers for gaining the…
Q: Who is the middleman?
A: Middlemen: In a distribution or transaction chain, a middleman acts as an intermediary, facilitating…
Q: Some firms do not delete products until they become financially threatening. What problems may…
A: Product deletion is a process in which, product which is failing or not performing well, gets…
Q: What are the Objectives of sales-oriented Pricing?
A: Price is important because it can influence whether or not a customer buys a product. After all,…
Q: Discuss the importance of pricing decisions to the economy and to the individual firm?
A: Price is important because it can influence whether or not a customer buys a product. After all,…
Q: What is break-even analysis?
A: Break-even analysis is a useful and popular tool for a wide range of businesses, including…
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- {Auditing} 3. Which one of the following is the process of identifying, recording, analyzing and communicating financial information to stakeholders? a. Assurance b. Auditing c. Internal control d. None of the optionsThe following questions concern audit reports other thanunqualified audit reports with standard wording. Choose the best response.a. The annual audit of Midwestern Manufacturing revealed that sales were accidentallybeing recorded as revenue when the goods were ordered, instead of when they wereshipped. Assuming the amount in question is material and the client is unwilling tocorrect the error, the CPA should issue:(1) an unqualified opinion or adverse opinion.(2) a qualified “except for” opinion or disclaimer of opinion.(3) a qualified “except for” opinion or adverse opinion.(4) an unqualified opinion with an explanatory paragraphThere are numerous techniques used for valuing a company, but they can be grouped into three basic methods. Which of the following is NOT one of those methods? a. Cash flow-based valuation b. Market-based valuation c. Expense-based valuation d. Asset-based valuation
- Suppose you work for a well-known local restaurant, and a friend ofyours is an account representative for a supplier of restaurant equipment. You know the restaurant owner is considering upgradingsome of the kitchen equipment. Although you have no purchasingauthority, your friend has asked you to arrange a meeting with therestaurant owner. You have heard unflattering rumors about thissupplier’s customer service.1. Would you arrange the meeting between your friend andyour boss?2. Would you mention the customer service rumors either toyour friend or your boss?3. Would you try to influence the purchase decision in eitherdirectionWhat major considerations should the auditor take into accountin determining how extensive the review of subsequent events should be?4. If a shareholder wanted to know how money flowed into and out of the company, which financial statement would the shareholder use? A. income statement B. statement of cash flows C. statement of retained earnings D. balance sheet 5. The debit side of an account A. is the left side of the account B. can be either side of the account depending on how the accountant set up the system C. is the right side of the account D. depends on whether the account is an asset, liability, or stockholders' equity 6. The process of initially recording a business transaction is called A. journalizing B. correcting C. balancing D. posting
- Coincidence one: You stopped by the accounts payable department and retrieved a series ofrecently submitted invoices for various trade expenses related to the auditorium constructionproject. “One of the things you wanted to accomplish was to understand how the accountingcodes worked—what was capitalized; what was expensed; how it was recorded, etc.” So, yougrabbed a stack of processed invoices with accounting codes and went up to the construction siteto meet with the vice president for an hour-long interview. Coincidence two: the secretary for the audit department, Joyce Williams, was not only onSmall’s bowling team, but she was also his neighbour. They saw each other regularly at the localbowling alley. She took notice when Small’s behaviour became somewhat extravagant. At first,he took to buying the team drinks, a habit most appreciated by his teammates. However, thesecretary began wondering where all the money was coming from when he showed up in his newMercedes (one of five cars he…state argument for and against the following statements: there are other things more valuable in an organization besides the people who work there{Auditing} 18. Who among the following professionals is assigned the task of internal auditing in the company? a. Chief Accountant b. Managing Director c. Internal auditor d. External auditor
- Academic advisement is unevenly provided in many high schools and colleges. There is a plan to provide advice to high school students and to college freshmen that are seeking a potential major. The on-demand consultation gathers information about a student's grades, interests, test scores, interests and aptitudes. It assesses student qualifications for a variety of majors. The _____ will then recommend six majors for them to consider and provides further information sources about the major. A. collateral information B. operating C. information reporting D. expert E. decision support19. Which of the following is not a key activity that internal audit can engage in facilitating risk identification and evaluation with a management group? a. Asking the group to spontaneously come up with any risks that may exist b. Gathering data from other industry groups or from leading metrics c. Distributing a set of questions in advance to draw input from the group anonymously d. Creating a risk checklist and distributing it to the group members for rankingAll of the following statements regarding employee share purchase plans are correct except for? Select one: a. Employees provide a direct payment of some sort in exchange for the shares. b. Employees receive shares at no cost to themselves, usually as a bonus. c. Often employers will match the amount of shares purchased by the employee up to a set limit. d. Often the price employees pay for the shares is less than market value.