Tamekia reports that the market leader in the TZX mitt category has 60 percent of all sales in the market and spends $240,000 a year, or 60 percent of all advertising expenditures, to support the brand. Under the share of market/share of voice system, Great Catch should be prepared to spend at least ________ if it hopes to achieve a market share of 30 percent.

Answers

Answer 1

Answer: $120000

Explanation:

Share of voice refers to the measure of the exposure that a particular business gets when it's being compared to other competitors. The share of market is the percentage of a market that a company earns.

From the information given, since 60% of the market sales equate to $240000 spent a year, then in order to achieve a market share of 30%, ½ of $240000 will be spent which is $120000. Therefore, Great Catch should be prepared to spend at least $120000 if it hopes to achieve a market share of 30 percent.


Related Questions

homeworklib The Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and Assembly. Data for the products and departments are listed below. Product Number of Units Labor Hours Per Unit Machine Hours Per Unit Blinks 964 3 5 Dinks 1,943 5 8 All of the machine hours take place in the Fabrication department, which has an estimated overhead of $103,800. All of the labor hours take place in the Assembly department, which has an estimated total overhead of $79,600. The Ramapo Company uses a single overhead rate to apply all overhead costs based on labor hours. What is the overhead cost per unit for Blinks

Answers

Answer:

Overhead per unit of Blinks= $43.65

Explanation:

Giving the following information:

Product Number of Units Labor Hours Per Unit

Blinks 964 3

Dinks 1,943 5

First, we need to calculate the total estimated overhead and the total number of labor hours:

Total estimated overhead= 103,800 + 79,600= $183,400

Total number of labor hours= (964*3) + (1,943*5)= 12,607

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 183,400 / 12,607

Predetermined manufacturing overhead rate= $14.55 per direct labor hour

Finally, we can allocate overhead to Blinks:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Blinks= 14.55*3= $43.65

The skills, knowledge, and experience of an individual or group and its value to an organization refers to _____.

Answers

Answer:

Human capital

refers to the economic value of the combined knowledge, experience, skills, and capabilities of employees

The Carnegie Foundation issued a report recommending that middle schools Multiple Choice become smaller, become more personal, and involve parents more. be integrated with high schools so that older adolescents can serve as role models for younger adults. encompass a wider age range in order to spotlight differences in adolescent development. improve student use of technology and computers to develop relevant skills needed in the future job market.

Answers

Answer:

D. Smaller "communities" or "houses" should be developed to lessen the impersonal nature of large middle schools.

Explanation:

The carnage foundation is a US-based education policy and research center that is committed to teaching and developing a network of ideas, individuals, and advanced teaching institutions.

Promotion is one of the 4P‘s of marketing. The promotion mix is ___??

Answers

Answer: Promotion mix could be defined as several methods or tools used to improve the market situation of a product, so the product could have more presence and demand in the market.

Explanation:

Promotion mix could be defined as several methods or tools used to improve the market situation of a product, so the product could have more presence and demand in the market. Some of what makes it up are public relations, advertising, personal sales.

Stewart Airlines is well known for providing excellent customer service to its flyers. The staff members inquire about each flyer's wants and needs and listen carefully to their responses. If a flyer has any specific requests, the staff members ensure that they are immediately attended to. In this scenario, Stewart Airlines illustrates _______, which has been found successful in spurring on the growth of customer relationship management.

Answers

Answer:

Personalisation

Explanation:

Personalisation of services in customer relationship is the act of anticipating the needs of the customer before they occur and providing this service in a timely fashion.

This results in increased customer benefits and greater loyalty.

In the given scenario Stewart Airlines provides excellent customer service to its flyers by inquiring about each flyer's wants and needs and listening carefully to their responses. If a flyer has any specific requests, the staff members ensure that they are immediately attended to.

This is personalisation of service

there are these Karens at my house putting their trash in front of MY HOUSE and what can i do?​

Answers

Call the cops or leave them be Karen’s

Answer:

call the cops

Explanation:

First have a conversation with them and if they do not understand simply be a Karen yourself and call the cops. I am pretty sure they will know what to do because that is YOUR property (or at least your own space that you pay for).

2. One advantage of buying a used car is __________. A. a more extensive warranty B. better fuel economy C. lower insurance rates

Answers

Answer:

C. lower insurance rates

The government of Diamza recently passed a law making it mandatory for any foreign company that wants to do business in its country to only use raw materials made in Diamza and only hire citizens. This is a type of _____ faced by companies that want to conduct business in Diamza.

Answers

Answer:

Police uncertainty

Explanation:

In the case when the diamza government pased the law that the foreign company wants to do the business so here it only use the raw materials and only hire the citizens so it represent the uncertainty of the police that faced by the companies wanted to conducted the business

So the same should be considered and relevant

True or false: According to the equity theory, each worker develops a personal input-output ratio to compare his or her inputs with the inputs or rewards offered by the organization.

Answers

Answer:

true

Explanation:

plz add me in ur brainlist

The answer is : True

Income Summary has a credit balance of $12,000 after closing revenues and expenses. The entry to close Income Summary is credit Income Summary $12,000, debit the Dividends account $12,000. credit Income Summary $12,000, debit the Retained Earnings account $12,000. debit Income Summary $12,000, credit the Retained Earnings account $12,000. debit Income Summary $12,000, credit the Dividends account $12,000.

Answers

Answer:

debit Income Summary $12,000; credit Retained Earnings $12,000.

Explanation:

Based on the information given The entry to close Income Summary is:

Debit Income Summary $12,000

Credit Retained Earnings $12,000

(To close Income Summary)

In the above problem, the proposed new branch will _______ overall risk exposure and produce a(an) ______ effect. Fill in the appropriate answers. Group of answer choices increases; economies of scale increases; economies of scope reduces; convergence reduces; geographic diversification

Answers

Answer:

reduces; geographic diversification

Explanation:

In the above problem, the proposed new branch will economics reduces overall risk exposure and produce a geographic diversification effect.

When the Federal Reserve decreases the federal funds target rate, the lower rate is achieved through a. purchases of government bonds, which reduces interest rates and causes people to hold more money. b. purchases of government bonds, which reduces interest rates and causes people to hold less money. c. sales of government bonds, which reduces interest rates and causes people to hold less money. d. sales of government bonds, which reduces interest rates and causes people to hold more money

Answers

Answer:

a. purchases of government bonds, which reduces interest rates and causes people to hold more money.

Explanation:

In the case when the federal reserve want to reduce the rate so federal reserve purchased the government bonds from the members of the bank. Also the deposit should be credited to the balance sheet of the bank that provides the more reserve as they needed .This represent that bank should lower the fund rate of federal reserve in order to lending out the additional funds

The relative price of good X is 5 units of good Y. It follows that the absolute price of good X can be ______________ and the absolute price of good Y can be ___________.

Answers

Answer:

$40,000 and $8,000

Explanation:

Relative price of good X is 5 units of good Y. The absolute value of good X is $40,000. Absolute value is the original value of a good while relative value is based on price of some identical or similar good. The absolute value of good Y is $8,000.

Sal bought a personal residence for $150,000. He made $150,000 of improvements during the three years he lived in it before he sold it. He sold the home for $750,000 and paid $50,000 in selling expenses, including the broker's commission. On what amount will he pay capital gains tax

Answers

Answer: $150,000

Explanation:

It should be noted that when an individual sells a personal residence, there's an exclusion of $250,000 on th capital gains tax.

Therefore, the amount that will be paid for capital gain tax will be:

Sales price = $750,000

Less: Cost price = $150,000

Less: Improvements = $150,000

Less: Selling expenses = $50,000

Less: Exclusion = $250,000

Capital gain tax = $150,000

Based on the above calculation, the capital gain tax is $150,000.

When the economy is working properly, what is the acceptable range of unemployment?
a 7-10%
b 12-15%
c 4-6%
d 0-3%

When a nation imports more than it exports, economists say it has which of the following?
a a trade deficit
b a balance of trade
c a national defense
d a trade surplus

A high level of energy consumption indicates
a a large labor force working mainly in subsistence agriculture.
b a high level of economic development.
c a population with a low level of education.
d a high infant mortality rate

Answers

Answer:

1. c

2. a

3. b

Explanation:

I dont know how to explain quickly

Financial Statements of ABC Corp. indicates that ending inventory levels in 2005 and 2006 were $200,000 and $350,000 respectively. Cost of Goods sold for 2005 and 2006 were $1,900,000 and $2,200,000 respectively. Purchases in 2006 were:

Answers

Answer:

Cost of goods purchased= $2,350,000

Explanation:

Giving the following information:

Beginning inventory 2006= ending inventory 2005= $200,000

Ending inventory 2006= $350,000

COGS 2006= $2,200,000

To calculate the purchases for 2006, we need to use the following formula:

COGS= beginning finished inventory + cost of goods purchased - ending finished inventory

2,200,000 = 200,000 + cost of goods purchased - 350,000

2,200,000 - 200,000 + 350,000 = cost of goods purchased

cost of goods purchased= $2,350,000

Morgan Corporation purchased a depreciable asset for $600,000 on January 1, 2018. The estimated salvage value is $60,000, and the estimated useful life is 9 years. The straight-line method is used for depreciation. In 2021, Morgan changed its estimates to a total useful life of 5 years with a salvage value of $90,000. What is 2021 depreciation expense

Answers

Answer:

Annual depreciation= $165,000

Explanation:

First, we need to calculate the accumulated depreciation at the end of 2020:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (600,000 - 60,000) / 9

Annual depreciation= $60,000

Three full depreciable years have passed.

Accumulated depreciation= 60,000*3= $180,000

Now, the annual depreciation with the revised information:

Book value= 600,000 - 180,000= $420,000

The useful life remaining is two years.

Annual depreciation= (420,000 - 90,000) / 2

Annual depreciation= $165,000

Will give brainliest to anyone who can explain how to solve this

Answers

Find the amount of markup by subtracting the store cost from sale price:

25-5 = 20

Divide markup amount by cost:

20/5 = 4

Multiply by 100 to get percentage

4 x 100 = 400 %

The answer is B. 400%

Answer:

Explanation:

After-Before/Before = 25-5=20 / 5=4 = 400%B

Which component of an enterprise resource planning (ERP) system provides business-to-consumer (B2C) information related to order status and business-to-business (B2B) information related to suppliers and business partners

Answers

Answer:

E-commerce

Explanation:

Enterprise resource planning can be regarded as one that encompass

technologies as well as systems that is used by companies in managing and integrating their core business.

Electronic commerce known as

can be regarded as E-commerce and can be explained as buying as well as selling of goods/services, it can as well be defined as transmitting of funds as well as data through electronic network, these could be the internet. These business transactions can appear as business-to-business (B2B), it can also be seen as business-to-consumer (B2C), it also be in form of

consumer-to-consumer as well as consumer-to-business.

It should be noted that E-commerce

component of an enterprise resource planning (ERP) system provides business-to-consumer (B2C) information related to order status and business-to-business (B2B) information related to suppliers and business partners

and ends at (240,250). There is a blue downward sloping line that starts at (70,250) and ends at (240,150).) What sales price should you select to meet the equilibrium price for the lawn mower?

Answers

Answer:

$190

Explanation:

The equilibrium price of the lawnmower can be deduced from the graph ; it is the point of intersection of the orange and blue line ; which is the intersection point if the supply and demand line. The price axis is located on the vertical y-axis. This intersection point when traced to the left of the graph gives the equilibrium price. Hence, the equilibrium price as obtained from the graph is about $190

On October 31, 20X5, West Company received a condemnation award of $450,000 as compensation for the forced sale of a warehouse. On this date the warehouse, including the land on which it was situated, had a book value of $275,000. During December 20X5, West purchased a parcel of land for a new warehouse site at a cost of $125,000. West should report on its income statement for the year ended December 31, 20X5, a gain on condemnation of property of

Answers

Answer:

$175,000

Explanation:

Calculation to determine West should report on its income statement for the year ended December 31, 20X5, a gain on condemnation of property of

Using this formula

Gain on condemnation=Compensation for the forced sale-Book value

Let plug in the formula

Gain on condemnation=$450,000-$275,000

Gain on condemnation=$175,000

Therefore what should report on its income statement for the year ended December 31, 20X5, a gain on condemnation of property of $175,000

The following industries have a market-oriented location A. Newspapers B. Yahoo! Data center C. Paper mills D. Textiles

Answers

Answer:

A. Newspapers

D. Textiles

Explanation:

Market oriented location is the selection of business location based on customers. The market for business will be selected where there are customers already present. This is possible where there is presence of some competitor in market and business chooses to open its store just beside him so that competitor customers may visit our store too.

True or false: You have to pay to attend college?

Answers

Answer: Most of the time, yes.

Explanation: For most average college students you do have to pay, unless you receive a scholarship. But those are pretty hard to get so i recommend just robbing a bank (DONT ACTUALLY, VERY ILLEGAL)

What is the beta of a three-stock portfolio that includes 25% of stock A with a beta of 0.90, 40% stock B with a beta of 1.05, and 35% stock C with a beta of 1.73

Answers

Answer:

the beta of a three-stock portfolio is 1.25

Explanation:

The computation of the beta of a three-stock portfolio is shown below:

= 25% of .9 + 40% of 1.05 +  35% of 1.73

= .225 + .42 + .61

= 1.25

Hence, the beta of a three-stock portfolio is 1.25

The same should be considered and relevant

Allocating resources including people, equipment and money to carry out the company’s plans is the _________function of management.

Answers

Answer: Organizing

Explanation:

One of the key functions of management is to organize the resources of the business in such a way that the business is moved forward and its goals are accomplished.

The manager does this by allocating those resources to various plans and projects in an efficient enough manner that would help the company achieve its goals.

It is important to shop around for credit because banks and financial institutions have varying credit histories. charge different fees. follow different laws. have varying discriminatory policies.

Answers

Answer:

follow different laws

Explanation:

In simple words, Shopping around is really a good idea, whether you're obtaining your first credit account or you've already established credit and want more of it. Searching widely is often the only way to locate a lenders that will cooperate with you. It's also the greatest method to obtain a decent bargain in some instances.

Different creditors have different laws, which affect their terms and conditions regarding interest rate, tenure etc.

Answer: The answer would be:

B: charge different fees.

Explanation:

Edge 2023

Hope this helps! (^_^)

Which of the following sales would be covered by Article 2 of the Uniform Commercial Code? Group of answer choices the sale of intangible goods the sale of tangible goods the sale of real estate the sale of stocks

Answers

Answer:

the sale of tangible goods

Explanation:

Article 2 is applied for the contract that made for selling the goods. the goods that are identifed at the time when the contract is created and could be moved. It mainly deals with the tangible things like computers, cars, pens, etc

The intellectual property and intangible should not be cover in this

Therefore the above should be considered

Your uncle passed away and left you and your siblings his private property. He owned a 180 acre ranch and there are 3 of you. Each acre is valued at approximately $3,000. This means the monetary value for each sibling will be:

Answers

Find the total value by multiplying total acres by price per acre:

180 x 3000 = $540,000

Divide total value by number of siblings:

540,000 / 3 = $180,000

Answer: $180,000

Total acre of property = 180 acres
Each sibling will receive = 180/3
= 60 acres
If 1 acre = $3000
Then 60acres = 60• 3000
=$180,000
Therefore, the monetary value for each sibling will be $180,000

In LPC theory, which factor reflects the extent to which the leader can assign work, reward and punish employees, and recommend them for promotion

Answers

Question options:

a. Task structure

b. Leader-member relations

c. Leader position power

d. Leader personality

e. Organizational structure

Answer:

c. Leader position power

Explanation:

The LPC(least preferred coworker scale) measures the extent to which a person is a relationship oriented leader or a task oriented leader.

A person with a high LPC is a leadership oriented leader while a person with low LPC is a task oriented leader. Therefore a leader with low LPC tends to be the type to severly assign,punish and reward employees based on performance alone.

The activity that causes changes in the behavior of costs is referred to as the activity ____________.

Answers

Answer:

"Index" is the right answer.

Explanation:

This same activity index gives a visual representation that results in improvement throughout the financial parameters. Indexes that seek to give or present a comprehensive overview including its economic situation.It, therefore, makes it possible for administrators to decide on appropriate feedback expenses.

Thus the above is the correct answer.

Other Questions
Christina cycles 2 kilometers during each trip to work. Write an equation that shows the relationship between the number of trips to work x and the total distance cycled y. Help plisPresent perfect vs Present simplecomplete the spaces1)_____ Rosana____ (take) list?yes, she____2)____ you____ (enter) the school at 7 AM this morning?no, I _____3) What ____you____ (eat) last sunday?we____ (eat) a big lunch and ____ (drink) an orange juice hhhhhhhhhheeeeeeeeeeeeeeeeellllllllllllllllllllllppppppppppppp (b) Name the devices used to measure the volume of liquid. The forecasted sales pertain to Arrow Corporation: Month Sales September $400,000 October 320,000 Finished Goods Inventory (August 31): 28,000 Arrow Corporation has a selling price of $5 on all units and expects to maintain ending inventories equal to 25 percent of the next month's sales. How many units does Arrow expect to produce in September write any five activities that you can do to aware people in your community for the importance of environment education 4x2 -28x-32 fully factored Asexual reproduction differs from sexual reproduction in that Group of answer choices asexual reproduction utilizes DNA from two parents to code for traits in offspring. asexual reproduction occurs only in plants. asexual reproduction produces offspring containing DNA from only one parent. asexual reproduction only occurs in animals. asexual reproduction produces genetically diverse offspring. Diethyl ether (C2H5 )2O vaporizes at room temperature. If the vapor exerts a pressure of 233 mm Hg in a flask at 25 C, what is the density of the vapor? parallel to y - 2x = 4 and passes through (0,5) HELP HELP HELPPPP PLEASEEEDirections: Determine if segments AB and CD are parallel, perpendicular, or neither.AB formed by (-2, 13) and (0, 3)CD formed by (-5, 0) and (10, 3) I really need some help with this question also.A) 2/5B) 3/5C) 11/25D) 14/25 e B. Copy out the following sentences and fill in the correct prepositions: 1. The pupil must apologise the teacher .......... the mistake. 2. The man .... the blue suit is an authority .... flowers. 3. That mother ....... there is proud ......her son's success. 4. The cake was passed ..... the room ... the beautiful maiden. 5. ....... the show, the crowds gathered ...... the magician. PLEASE (look at the picture) 100 points Re-write this subtraction as an ADDITION of signed numbers. 2 8 =. 8 A 10.0 L balloon contains helium gas at a pressure of 655 mmHg. What is the final pressure, in millimeters of mercury, if the final volume is 13.8 L? Please show your work in order to receive credit. Que derechos no tenan nuestros antepasados? express the ratio as a fraction in the lowest term.3600s:2hours Based on the amount of protein recommended for athletes, how much protein should Paulo consume per day PLEASE HELP!!!Solve for x in the following equation!!![tex]sin(\frac{3\pi }{2}+x) + sin(\frac{3\pi }{2}+x)=-2[/tex]