Company XYZ is specialized in producing and selling smart watches. The company currently has two products and is planning to improve it profits in the coming years. The company is thinking of introducing a sales commission to encourage its sales people to make more sales and improve company's profitability. When designing the sales commission the company should base the sales commission on: O a. None of the given answers O b. The selling price O c. The color of the product O d. The contribution margin e. The number of employees
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- The Baker Company wants to develop a budget to predict how overhead costs vary with activity levels. Management is trying to decide whether direct labor hours (DLH) or units produced is the better measure of activity for the firm. Monthly data for the preceding 24 months appear in the file P13_40.xlsx. Use regression analysis to determine which measure, DLH or Units (or both), should be used for the budget. How would the regression equation be used to obtain the budget for the firms overhead costs?Company XYZ is specialized in producing and selling smart watches. The company currently has two products and is planning to improve it profits in the coming years. The company is thinking of introducing a sales commission to encourage its sales people to make more sales and improve company's profitability. When designing the sales commission the company should base the sales commission on: a. The color of the product O b. The contribution margin The number of employees O d. None of the given answers e. The selling priceChoose the best ANSWER 1- What is the best need/benefit-oriented approach to defining a car? Descriptions of a car's engine size and features Outlining the warranty that comes with the car Describing how it provides more efficient and reliable transportation Showing the beautiful color and styling 2- What is the best way for TWU to define their "market" in a marketing sense? the location of their buildings current and potential students the faculty and staff delivering the product the mix of programs they offer 3- Which of the following is not recommended for a marketing plan? Communicate the plan to appropriate managers. Once you have a good plan in place, do not change it for at least a year. Marketing plans should be creative. Use common sense. 4- Which of the following is not a current trend (described in book/class)? Increasing consumer demands Decreasing price sensitivity among consumers Overall decrease in brand loyalty Increasing…
- 1.) Describe the process for building the customer scoring model. What would be the inputs? What kinds of data and business processes could potentially be brought into it to create a better scoring model? Course title: Business Analytics1. In a research project on the influence of music on retail shopping expenditure, a researcher recruited a sample of 300 customers. One Day they went shopping on the grocery store and spent some money. Another day the same 100 people went to the store and spent money but on this day the store was playing popular songs. How can the researcher identify if there is a difference in their shopping expenses due to the music change?Assume that two firms are competing for market share for a particular product. Each firm is considering what promotional strategies (no promotion, moderate promotion or heavy promotion) to employ for the coming period. The market research team of firm A develop the following data for varying degree of promotions.i. No promotion, moderate promotion and heavy promotion for both firms will result in no change in the percentage of their market sharesii. Firm A with no promotion: its market share will show 5% decline in its market share when firm B uses moderate promotion and 10% decline when firm B uses heavy promotion iii. Firm A using moderate promotion: its market share will increase by 12%when firm B chooses no promotion and 6% growth will be recorded when firm B uses heavy promotion.iv. Firm A using heavy promotion: its market share will increase by 14 when firm B uses no promotion and 9% when firm B uses moderate promotion. Based on the forgoing information, - Develop a payoff matrix…
- Cost Estimation Using High-Low; Graphs Lawson Advertising Agency is trying to persuadeKansas City Sailboards Company to spend more on advertising. The agency’s argument is that a constant and strong positive relationship exists between advertising and sales in the sailboard industry.Sue Lawson presents these data taken from industry data for stores similar in size and market share toKansas City Sailboards:Advertising Expense Annual Sales$2,500 $ 96,000 3,000 110,0003,500 124,0004,000 138,0004,500 143,0005,000 147,0005,500 150,000Required1. Use the high-low method to estimate the relationship between increased advertising and sales.2. Graph annual sales and advertising expense.3. Do the data prove Sue’s point?48- The maximum number of sales that can occur in a given period to an individual or businesses that are willing to sell in a given market is known as: a. Product demand b. Market potential c. Market demand d. All the options are correctThe BIR need to assess a taxpayer for payment of taxes Group of answer choices True False
- e-Test uitiple Choice. Select the letter of your answer. 1. The income statement is a statement that shows the result of the operation of the business. In the first quarter of its operation the business has a revenue of Php155,000 and cost and expense amounting to Php80,000. How much is the net income of the business? C. Php75.00 d. Php235,000 a. Php155,000 b. Php80,000 INFINIX HOT 9 PLAY Al CAMERA ntatement are nominal or temporarymarketing company is facing some issues with his new marketing strategy since the data he and his team gathered from surveys wasn’t compatible with the analysis tool they’re most comfortable using. Which of the following current issues in Data Warehousing best describes the given scenario? * The company cannot have access to the data. The data gathered by the company is unusable. The data gathered by the company is impossible to understand. The company cannot find the needed data. Which of the following is NOT a characteristic of a Data Warehouse? * A data warehouse is most often than not, normalized. All of the above are characteristics of a data warehouse. The data stored in a data warehouse is usually large. The data stored in a data warehouse came from sources, both inside and outside the organization.The following table shows the number of televisions sold over the last ten years at a local electronic store. Year TV Sales 1. 150 2. 300 3. 480 4. 600 5. 630 6. 640 7. 700 8. 825 9. 900 10. 980 Using trend projection, develop a formula to predict sales for years 11 and 12. You have to show all working. You will need to develop a table to calculate the slope and the intercept. [9 marks] 2. Use that formula to forecast television sales for years 11 and 12. [2 marks]