Sole proprietorships and partnerships are not subject to income tax in Canada. True Or False?
Answers
Due to both sole proprietorships and partnerships are required to report their income on their personal tax returns and are subject to income tax in Canada, the statement is false.
This means that the profits made by the business are considered the income of the individual owner(s) or partner(s), and are taxed as such. Although the business itself does not file a separate tax return, the income earned from the business is included in the owner's or partner's personal income tax return.
As such, it is important for sole proprietors and partners to keep accurate records of their business income and expenses to ensure that they are properly reporting their income and claiming all applicable deductions.
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MY PROGRESS-36% Marketing Research LEO Decision Point: Choosing Your Research Topic You are now tasked with developing a research plan that would best support the research objectives you have just chosen. You consider your options and narrow them down to the following three. Select an option from the choices below and click Submit Research the attitudes that men under 35 have towards eSports Research the effect that increased advertising in women's magazines would have on women's attitudes towards eSports. Research the attitudes that U.S. women and consumers over 35 have towards the eSports Industry
Answers
The best course of action would be to investigate the attitudes that American women and consumers over 35 have toward the eSports Industry based on the research objectives that were selected.
The inclusion of a particular demographic (women and consumers over 35) that may help shed light on potential target audiences for the industry is in line with the research objective of understanding general attitudes toward the industry.
Researching the attitudes of men under 35 would not be in line with the chosen research objectives, whereas studying the impact of increased advertising in women's magazines on women's attitudes toward eSports would only reveal information about one possible marketing strategy.
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Manufacturing overhead ______. multiple select question.
a. contains fixed costs
b. consists of many different types of costs
c. is an indirect cost
d. is directly traceable to units produced
Answers
Answer:
B. consists of many different types of costs
Manufacturing overheads is such cost that consists of many types of costs, and is also directly traceable to the number of units produced. Therefore, the options B and D hold true.
What is the significance of manufacturing overheads?Manufacturing overheads can be referred to or considered as the overheads that are incurred by a producer in the process of manufacturing the units to be sold in the business. These costs are incurred for the purpose of profit-making.
The overheads of manufacturing consist of different types of costs, and division of the incurred overheads by the total manufactured units will give an idea of the per-unit cost for the firm.
Therefore, the options B and D hold true and state regarding the significance of manufacturing overheads.
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Sarah got a big raise at her job, so she bought herself a new truck. She knew it was a splurge, but she figured with her extra money coming in, it would be manageable. Unfortunately, her company had to cut her job the very next month, leaving Sarah with a new truck and no extra money to pay for it. What does this scenario BEST represent? income risk interest rate risk personal risk inflation risk
Answers
Answer:
income risk
Explanation:
income risk
she thought she had lots of income, so she took a risk
Hope this helps plz hit the crown
The correct option is A). Income Risk
What is Income Risk?Income risk is the type of risk that the income stream paid by a fund will decrease in regards to a fall in interest rates.
Income risks mainly occur due to the unpredictability of the market and can impact the market value and cash flows from the security.
This risk is most prevalent in the money market.
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expecting a corporation not to cause harm to soceity constitutions (from perspective of society)
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From the perspective of society, it is reasonable to expect corporations to not cause harm. Corporations are created to generate profits, but they must do so in a way that does not violate the law or harm individuals or the environment.
One way to ensure that corporations do not cause harm is through the implementation of regulations and laws. Governments have a responsibility to protect their citizens, and they do this by enforcing laws and regulations that require corporations to operate in a responsible and ethical manner.
Additionally, corporations have a social responsibility to be good corporate citizens. This means that they must consider the impact of their actions on society and take steps to minimize any negative consequences. They should act in the best interests of the communities in which they operate and strive to make a positive contribution to society.
In order to fulfill this social responsibility, corporations should prioritize sustainability and environmental protection, engage in fair labor practices, and support local communities. They should also be transparent about their operations and disclose any potential risks or negative impacts.
Overall, while corporations have a responsibility to generate profits, they must do so in a way that aligns with the values and expectations of society. This means avoiding harm and contributing positively to the communities in which they operate.
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which of these is not part of the promotional mix?
a. direct selling
b. sales promotion
c. advertising
d. none of the above
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d. none of the above are not part of the promotional mix.
All of the options (a, b, and c) are part of the promotional mix, which is a term used to describe the various tactics and strategies that a company can use to promote its products or services. Direct selling involves selling products or services directly to consumers, while sales promotion is a short-term incentive used to encourage customers to make a purchase. Advertising is the use of various media to communicate a message about a product or service to a large audience.
The promotional mix refers to the various marketing tools and techniques that organizations use to promote their products or services. The mix includes the four Ps of marketing: product, price, place, and promotion. The latter, promotion, includes different tactics and strategies to communicate with and influence potential customers.
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Signage is an example of ambience.
Answers
Answer:
Yes it is .............. ....
To examine
the weekly payroll of all employees, one would look at the:
Answers
To examine the weekly payroll of all employees, one would look at the: d. payroll register.
What is the payroll register?The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.
A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.
Options:
a. W-4
b. employee earnings record
c. W-2
d. payroll register.
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Part of the journal entry to record the cost of an item for $28 that sold for $38 cash under the perpetual inventory system is: A. debit Cash, $38; credit Inventory S38. B. debit Sales, $38; credit Cost of Goods Sold, $28; credit Cash, $10. C. debit Cost of Goods Sold, $38; sales, $38. D. debit Cost of Goods Sold $28; credit Inventory, $28. Click to select your answer
Answers
The correct answer is (D) debit Cost of Goods Sold $28; credit Inventory, $28.
How to record the cost of an item sold for $38 cash, with an original cost of $28, in the journal entry under perpetual inventory?In the perpetual inventory system, the cost of goods sold is recorded when an item is sold. In this case, the item was sold for $38 in cash, but it originally cost $28. To record this transaction, we need to debit the Cost of Goods Sold account for the cost of the item sold, which is $28. This reflects the expense incurred in obtaining the item for sale.
Additionally, we need to credit the Inventory account for the cost of the item removed from inventory, which is also $28. This reduces the value of inventory on the balance sheet, as the item is no longer available for sale.
Therefore, the correct journal entry to record the cost of the item would be: debit Cost of Goods Sold $28 and credit Inventory $28.
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Required information [The following information applies to the questions displayed below.) Built-Tight is preparing its master budget for the quarter ended September 30. Budgeted sales and cash payments for product costs for the quarter follow: July August September $ 64,000 $80,000 $ 48,000 Budgeted sales Budgeted cash payments for Direct materials Direct labor Factory overhead 16,160 4,040 20,200 13,440 3,360 16,800 13,760 3,440 17,200 Sales are 20% cash and 80% on credit. All credit sales are collected in the month following the sale. The June 30 balance sheet includes balances of $15,000 in cash; $45,000 in accounts receivable; $4,500 in accounts payable, and a $5,000 balance in loans payable. A minimum cash balance of $15,000 is required. Loans are obtained at the end of any month when a cash shortage occurs. Interest is 1% per month based on the beginning-of-the-month loan balance and is paid at each month-end. If an excess balance of cash exists, loans are repaid at the end of the month. Operating expenses are paid in the month incurred and consist of sales commissions (10% of sales), office salaries ($4,000 per month), and rent ($6,500 per month). 1. Prepare a cash receipts budget for July, August, and September. Sales $ BUILT-TIGHT Cash Receipts Budget For July, August, and September July $ 64,000 Less: ending accounts receivable 51,200 Cash receipts from: Cash sales 12,800 Collections of prior month's receivables 45,000 Total cash receipts $ 57,800 August 80,000 64,000 September $ 48,000 38,400 16,000 51,200 67,200 9,600 64,000 73,600 $ $ 2. Prepare a cash budget for each of the months of July, August, and September. (Negative balances and Loan repayment amounts (if any) should be indicated with minus sign. Enter your final answers in whole dollars.) BUILT-TIGHT Cash Budget For July, August, and September July August September Beginning cash balance 0 0 0 Total cash available Cash payments for: Total cash payments Preliminary cash balance Additional loan from bank Repayment of loan to bank Ending cash balance 0 0 0 Loan balance July August September Loan balance - Beginning of month Additional loan (loan repayment) Loan balance - End of month
Answers
The cash receipts budget for July, August, and September is as follows:
July: $64,000
August: $80,000
September: $48,000
The cash receipts budget shows the expected cash inflows from sales for the months of July, August, and September. To prepare the cash receipts budget, we need to consider the budgeted sales and the collection patterns.
In July, the budgeted sales are $64,000. We have to deduct the ending accounts receivable balance, which is $51,200. This represents the amount of credit sales from June that will be collected in July. Therefore, the cash receipts from collections of prior month's receivables in July will be $51,200.
To calculate the cash receipts from cash sales in July, we subtract the collections of prior month's receivables from the budgeted sales: $64,000 - $51,200 = $12,800.
So, the total cash receipts for July will be the sum of cash sales and collections of prior month's receivables: $12,800 + $51,200 = $64,000.
In August, the process is similar. The budgeted sales for August are $80,000. We deduct the ending accounts receivable balance of $64,000, which represents the collections from July's credit sales. The cash receipts from collections of prior month's receivables in August will be $64,000.
The cash receipts from cash sales in August will be $80,000 - $64,000 = $16,000.
Therefore, the total cash receipts for August will be $64,000 + $16,000 = $80,000.
In September, the budgeted sales are $48,000. We deduct the ending accounts receivable balance of $38,400, which represents the collections from August's credit sales. The cash receipts from collections of prior month's receivables in September will be $38,400.
The cash receipts from cash sales in September will be $48,000 - $38,400 = $9,600.
Thus, the total cash receipts for September will be $38,400 + $9,600 = $48,000.
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when employees suggest changes in a positive way and make innovative suggestions for change, they are exhibiting:
Answers
when employees suggest changes in a positive way and make innovative suggestions for change, voice behavior is exhibited:
Voice conduct refers back to the behavior that proactively situations the status quo and makes constructive modifications. preceding studies have explored the antecedents of personnel' voice conduct, however to whom employees are probably to voice their thoughts has remained not often tested.
voice conduct is difficult and transformative in nature, therefore, voice conduct is regularly accompanied by struggle or hazard, which made employees more careful approximately voice. therefore, employees frequently select to “know but keep silent,” and generally tend to accurately guard themselves. The phenomena are in particular obvious in China’s enterprise, in which concord is valued and with higher electricity distance.
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6. (4 points) Let G be the graph with V(G) = {1, 2, 3, 4, 5} and E(G) = {(1, 2), (2, 3), (2, 4), (3, 4), (4, 5), (5, 1), (1, 4)}. Determine the number of colorings of G with m colors such that no two adjacent vertices have the same color. Show all your work.
Answers
There are 6 possible colorings of G with 3 colors such that no two adjacent vertices have the same color.
How to determine number of colorings?Given values:
V(G) = {1, 2, 3, 4, 5}
E(G) = {(1, 2), (2, 3), (2, 4), (3, 4), (4, 5), (5, 1), (1, 4)}
To determine the number of colorings of G with m colors such that no two adjacent vertices have the same color, use the following approach:
Color vertex 1 with any of the m colors.
Color vertex 2 with a color that is different from the color of vertex 1.
Color vertex 3 with a color that is different from the colors of vertices 1 and 2.
Continue coloring the remaining vertices, one at a time, with a color that is different from the colors of all the vertices that have already been colored.
The number of possible colorings is then given by the following formula:
Number of colorings = m × (m - 1) × (m - 2) × ... × (m - 4) = m! / (m - 5)!
In this case, m = 3, so the number of colorings is given by:
Number of colorings = 3! / (3 - 5)! = 6
Therefore, there are 6 possible colorings of G with 3 colors such that no two adjacent vertices have the same color.
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when the number of units produced is less than the number of units sold, how does operating income under variable costing differ from operating income under absorption costing?
Answers
Variable costing is based on the principle that costs are assigned directly to the products that have been produced. Therefore, when the number of units produced is less than the number of units sold, variable costing will not consider the production costs of the units that have not been produced.
In contrast, absorption costing takes into account all production costs, both direct costs and indirect costs. Therefore, in this method, the production costs of the units not produced will be considered in the operating income, since they have been allocated to the products sold.
Therefore, in variable costing, operating income will be less than absorption costing, since variable costing does not consider the production costs of the units not produced.
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In the supply-and-demand schedule shown above, at the equilibrium price, quantity supplied is _____ and quantity demanded is _____.
A. 50, 350
B. 450, 75
C. 200, 200
Answers
Answer:
C. 200, 200
Explanation:
What will be the end result for the taxpayer who filed his federal income tax
return using the 1040EZ form shown below?
Answers
Answer:
I got " He Will Owe $180
Explanation:
A P E X
Answer: he will owe 250
Explanation:
A government spends money in order to:
O A. make sure government programs can function properly.
B. influence which products will be available to U.S. consumers.
C. prevent foreign businesses from competing with U.S. companies.
O D. decide what each employee at a U.S. company will be paid. SUBMIT
Answers
Answer:
A. make sure government programs can function properly.
Explanation:
Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.
The different types of tax include the following;
1. Income tax: a tax on the money made by workers in the state. This type of tax is paid by employees with respect to the amount of money they receive as their wages or salary.
2. Property tax: a tax based on the value of a person's home or business. It is mainly taxed on physical assets or properties such as land, building, cars, business, etc.
3. Sales tax: a tax that is a percent of the price of goods sold in retail stores. It is being paid by the consumers (buyers) of finished goods and services and then, transfered to the appropriate authorities by the seller.
The main reason for government spending such as building public schools, power supply, water, development of infrastructures, etc., is to ensure and facilitate the proper functioning of all government programs.
Hence, the government of a particular country is saddled with the responsibility of spending on basic projects or programs so as to create a sustainable, growing and efficient economy for its citizens.
can someone help me with this please.
Answers
Answer:
sure
Explanation:
no image
the decision to open your own business is a decision, which is made on the basis of .
Answers
A review of unvarnished facts made possible by the application of business intelligence (BI) & analytics tools.
What part does business intelligence play?A technique known as "business intelligence" integrates advanced analytics, data mining, data visualisation, data tools, technology, and best practises to give the resources they need to make better,
What are the business intelligence process' five main phases?Information Sourcing, Data Engineering and also Analysis, Warning Systems, Decision Making, the five phases of business intelligence. It can range in complexity from reporting and analysis through monitoring, forecasting and prediction, and predictive modelling.
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A review of unvarnished facts made possible by the application of business intelligence (BI) & analytics tools.
What part does business intelligence play?A technique known as "business intelligence" integrates advanced analytics, data mining, data visualization, data tools, technology, and best practises to give the resources they need to make better,
What is the business intelligence process' five main phases?Information Sourcing, Data Engineering and also Analysis, Warning Systems, Decision Making, the five phases of business intelligence. It can range in complexity from reporting and analysis through monitoring, forecasting and prediction, and predictive modelling.
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during the 2007–2008 financial crisis many quantitative funds _____
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During the 2007-2008 financial crisis, many quantitative funds suffered significant losses due to the unprecedented market volatility and widespread correlations between asset classes. These funds, which rely on complex mathematical models to make investment decisions, struggled to accurately predict the behavior of the markets in such a turbulent environment.
Additionally, many of these funds had taken on leverage, or borrowed money to amplify their returns, which compounded their losses when the markets turned against them. As a result, many quantitative funds experienced significant outflows as investors lost confidence in their ability to generate returns in a volatile market.
However, some quantitative funds that had implemented risk management strategies and diversification techniques were able to weather the storm and even outperform traditional funds during the crisis.
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Students should critically analyse a given case on Market Analysis in a real-world business. A case study analysis requires students to investigate market-related aspects in the case. A market analysis should focus on a quantitative and qualitative assessment of a market.
For example:
✓ you can evaluate the size of the market in terms of volume and value,
✓ approaching diversity of customer segments by identifying buying patterns,
✓ availability of competition and its challenges (theoretical framework- Porter’s Five Force Model of competition analysis) and
✓ the economic, social and cultural environment in terms of barriers to entry and regulation and ethical perspectives.
Answers
When conducting a market analysis, it is important to undertake both a quantitative and qualitative assessment of the market.
This involves evaluating the size and value of the market, identifying customer segments and their buying patterns, assessing competition and challenges through Porter's Five Force Model, and considering economic, social, cultural, and ethical factors that may impact the market. Students conducting a case study analysis on market analysis should critically examine these aspects to gain a comprehensive understanding of the market in question.
By conducting a thorough analysis, students can identify key insights that can be used to inform strategic decisions and optimize business outcomes.By addressing these elements, students can gain a comprehensive understanding of market dynamics and their impact on the business case under investigation.
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Work out how much the repainmt of a £350000 Mortgage with a 10% deposit would be over twenty-five years at an interest rate of 4.5%?
Answers
Answer:
£1,945.41
Explanation:
we can use the present value of an annuity formula to solve this question:
present value of an annuity = monthly payment x present value annuity factor
monthly payment = present value of an annuity / present value annuity factor
present value of an annuity = 350,000present value annuity factor, 0.375% (4.5%/12), 300 periods (25 x 12) = 179.9107monthly payment = 350,000 / 179.9107 = 1,945.41
"Tourism sector has become a good source of earning foreign currency in Nepal"Justify this statement with examples
Answers
Explanation:
Tourism has become one of the main income sources for many developing countries like Nepal. Nepal has great potential to become a top destination for tourists as the nation is famous for its snowcapped mountains, abundant flora and fauna, exciting trekking routes and rich cultural and religious diversity.
Tourism seems to be a developing growing company throughout Nepal, including some of the largest foreign currencies average earnings as well as jobs industries.
The purpose of the article would be to examine foreign currency exchange revenues from Nepal via the tourist industry by analyzing the appearance of international travelers as well as the length of their stay throughout Nepal.The above research suggests that perhaps the population aging of visitors and indeed the influx of new tourists would result in an improvement throughout forex revenue, which increases in terms of passenger facilities.
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HELP QUICK PLEASE!!!!! William is not generally a risk-taker, but he knows he may need to step out of his comfort zone to make enough money for retirement. Which investment option would best meet William’s needs?
a US savings bond
a savings account
a commodity
a certificate of deposit
Answers
which of the following is (are) required to register with a state administrator? investment adviser representatives of federal covered advisers who have natural person clients and have a place of business in the state a person who only provides impersonal investment advice through newspaper columns, magazine articles, or financial publication of general and regular circulation an investment adviser registered in a different state and who has no place of business in the state, but has had fewer than 6 individual advisory clients in this state during the previous 12 months a person who is an officer of a federal covered investment adviser and does not function as an investment adviser representative
Answers
Investment adviser representatives of federal covered advisers who have natural person clients and have a place of business in the state a person who only provides impersonal investment advice through newspaper columns, magazine articles.
How does investing work?A. The definition of an investment is an asset that is bought or invested in to increase wealth and set aside cash from a hard-earned salary or increase in value. The main purpose of an investment is to create an additional source of income or to generate a profit over a certain amount of time.
What is the ideal investment?Most people ought to be stockholders. Stocks have continuously shown to be the best option for the typical person to accumulate wealth over the long term, which is why. Over the previous forty years, American equities have outperformed bonds, savings accounts, precious metals, and the majority of other investment categories in terms of returns.
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Reward folly is a concept that refers to how organizations expect or hope for one type of behavior while rewarding another.
To better understand this, consider the following example from my organization: Our company divided us into groups and then formed teams by assigning different projects to different teams. The company expected us to work as a team, sharing ideas and collaborating with one another. However, at the end of the project term, the company management decided to select the best team members in order to recognize their outstanding contributions.This is an example of reward folly because, on the one hand, our company expected us to move forward as a team while, on the other hand, the company itself was dividing us by selecting the best performers rather than rewarding the entire team for the effort.
Question
1. What is your revamped reward system and what benefits will it have? Be specific and use course concepts (counter the ineffective issues as well)
Answers
Revamping the reward system to focus on team performance rather than individual contributions will promote collaboration, enhance employee satisfaction, and improve overall productivity. This shift towards a team-based reward system aligns with the concept of reward folly by ensuring that the organization's expectations align with the behaviors that are rewarded.
In revamping the reward system, the organization should focus on recognizing and rewarding team performance rather than individual contributions. This can be done by implementing a team-based reward system that promotes collaboration and cooperation among team members.
Here are the steps to revamp the reward system and the benefits it will have:
1. Clearly define team goals and objectives: The organization should establish clear and measurable goals that require team members to work together to achieve success. This will encourage collaboration and discourage individualistic behavior.
2. Implement team-based incentives: Instead of rewarding individual team members, the organization should introduce incentives that are tied to team performance. For example, bonuses or recognition can be given to the entire team when they achieve specific milestones or exceed performance targets. This will encourage team members to support and help each other, fostering a culture of teamwork.
3. Foster a collaborative work environment: The organization should create an environment where teamwork is valued and supported. This can be done through team-building activities, regular communication channels, and open discussions. By fostering collaboration, team members will be more motivated to work together towards a common goal.
4. Evaluate and provide feedback on team performance: Regular evaluations and feedback sessions should be conducted to assess the team's performance. This will help identify areas for improvement and provide guidance on how the team can work more effectively together.
Benefits of this revamped reward system include:
- Enhanced teamwork: By rewarding team performance, team members will be motivated to collaborate and support each other, leading to improved overall team performance.
- Increased employee satisfaction: When team members feel that their contributions are valued and recognized, they are more likely to be satisfied and engaged in their work.
- Improved productivity: A focus on teamwork can lead to increased productivity as team members share ideas, resources, and knowledge to achieve common goals.
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The owner of a bike shop would like to analyze the sales data to determine if the business is growing, declining, or remaining flat. The owner has the following data:
Sales Revenue Last Year =$125,000
Sales Revenue Current Year = $150, 000
What is the Sales Growth?
Do not forget to type the % symbol after multiplying your result by 100 to convert to percentage!
Hint: Your answer will NOT have decimal point.
Example: 75%
Answers
To calculate the sales growth, you can use the following formula:
(Sales Revenue Current Year - Sales Revenue Last Year) / Sales Revenue Last Year x 100%
Plugging in the numbers, we get:
($150,000 - $125,000) / $125,000 x 100% = 20%
Therefore, the sales growth is 20%.
Sales Growth = (Sales Revenue Current Year - Sales Revenue Last Year) / Sales Revenue Last Year × 100%
Sales Growth = ($150,000 - $125,000) / $125,000 × 100%
Sales Growth = $25,000 / $125,000 × 100%
Sales Growth = 0.2 × 100%
Sales Growth = 20%
Therefore, the Sales Growth is 20%.
why are externalities considered a cause of market failure?
Answers
Answer:
Congress approved the Twenty-second Amendment on March 21, 1947, and submitted it to the state legislatures for ratification. ... The amendment prohibits anyone who has been elected president twice from being elected again.
Explanation:
The process of putting procedures and rules in place for controlling changes to the project schedules is called:
Answers
The process of putting procedures and rules in place for controlling changes to the project schedules is called "schedule control" or "schedule management control."
Schedule control is a critical process in project management that involves monitoring and controlling project schedules to ensure that the project is progressing according to the plan. It involves comparing actual progress against the planned schedule, identifying variances, analyzing their causes, and taking corrective actions to bring the project back on track.
The primary goal of schedule control is to ensure that the project is completed on time and within budget, while meeting the quality and performance requirements.
To achieve this, the project manager needs to put in place a set of procedures and rules for managing changes to the project schedule, such as change control procedures, risk management procedures, and communication protocols. These procedures and rules help to minimize schedule disruptions, avoid delays, and keep the project on track.
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A market segment is a subgroup of people or organizations having different characteristics that cause them to have distinct product needs.
Select one:
True
False
Answers
" A market segment is a subgroup of people or organizations having different characteristics that cause them to have distinct product needs is true".
A market segment refers to a part of the market where consumers share a similar set of needs or characteristics that vary from other segments of the market. The market segment is made up of people or organizations that are separated from the rest of the market on the basis of their particular product needs, demographics, purchasing behavior, and other characteristics that differentiate them from the general market.
A market segment is made up of people or organizations that share a similar need for a particular product or service. A market segment can be classified on the basis of demographics, psychographics, geographic location, and behavioral patterns. Segmentation is an important part of marketing strategy because it allows companies to target specific groups of consumers with tailored products, messages, and promotions.
Segmentation is an effective way of addressing the diverse needs of different groups of consumers. It allows companies to focus on the most profitable segments and avoid those that are less profitable. In addition, segmentation helps companies to create marketing messages that are more relevant and targeted to the specific needs of the segment.
Market segmentation allows organizations to design marketing campaigns that are more effective and efficient. By targeting specific segments, companies can increase the effectiveness of their marketing efforts and achieve better results. This is because the messages are more relevant and the products are tailored to meet the specific needs of the segment.
Therefore, it can be concluded that a market segment is a subgroup of people or organizations having different characteristics that cause them to have distinct product needs.
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Which level of the legal environment oversees intellectual property laws?Which level of the legal environment oversees intellectual property laws?
Answers
Answer:
Intellectual property means the rights to dispose of works, inventions and other results of the process of human creativity, research and thought. These are the various results of more or less original ideas, instructions and solutions. Due to its intangible nature, only what is considered appropriate by the company for protection by law can be considered intellectual property, so it should generally be the results of creation, research or other activities that are sufficiently unique or original. The value of intellectual property rights is usually less difficult to determine than for physical property, it depends mainly on the degree of their subsequent use and benefit for individuals or society and the ability to support further creations.
Marjorie's Mugs sold 300 mugs last year for $20 each. Variable costs were $7 per mug and total fixed costs were $1,700. Marjorie's Mugs' profit was ______. Multiple choice question.
Answers
Answer: $2200
Explanation:
profit= 300 * (20 - 7) - 1700 = 2200