Answer:
Manufacturer A will have a competitive advantage. (Reasons are stated below)
Explanation:
Product A: Liquid breath fresheners are more advantageous compared to chewable breath fresheners because they
1. Cause less distraction: Unlike chewable gums that project an unserious or unprofessional image, especially, in official settings, liquid breath fresheners can be used without drawing much attention. Many customers who work or school will thus prefer this option.
2. They can be used and will go into effect within a short time frame: Unlike gums that can be chewed for some time before there is a noticeable effect, liquid breath fresheners can be used quickly with instant effects.
For these stated reasons, customers will prefer Product A and they will thus have a competitive advantage over Product B.
Product is the management term that implies the goods and services that are manufactured using the raw materials and are produced as the final goods and services for the consumption of the customers to satisfy or fulfill their needs.
Manufacturer A will have an edge over competitors.
Product A: Compared to chewable breath fresheners, liquid breath fresheners offer more benefits.
1. Distract less: Unlike chewy gums, which present an unprofessional or unintellectual image, liquid breath fresheners can be used without attracting much attention, especially in official settings. As a result, many consumers who work or go to school will prefer this alternative.
2. They can be used right away and have an immediate impact: Unlike gums, which must be chewed for a long moment before showing any influence, liquefied mouth deodorant sticks may be used right away and have a direct influence.
Customers will prefer Product A for the reasons stated, which gives the company a competitive advantage over Product B.
To know more about the product and its manufacturing, refer to the link below:
https://brainly.com/question/14016003
Mill Company began operations on January 1, 20X1, and recognized income from construction-type contracts under different methods for tax purposes and financial reporting purposes. Information concerning income recognition under each method is as follows: Year Tax Purposes Book Purposes 20X1 $ 400,000 $ 0 20X2 625,000 375,000 20X3 750,000 850,000 Required: Assume the income tax rate is 21% in all years and that Mill has no other temporary differences. In its December 31, 20X3, balance sheet, what amount of deferred income taxes should Mill report
Answer:
Deferred tax asset balance on December 31, 20X3 = $115,500
Explanation:
The computation of the amount of deferred income taxes should Mill report is shown below:
Year Tax purpose Book purpose Difference Deferred tax book
20X1 $400,000 $0 $400,000 $84,000
20X2 $625,000 $375,000 $250,000 $52,500
20X3 $750,000 $850,000 ($100,000) ($21,000)
Deferred tax asset balance on December 31, 20X3 = $115,500
Which of the following is a benefit of U.S. companies doing business
domestically instead of internationally?
A. Having to exchange currencies
B. Having familiarity with laws and regulations
C. Having to negotiate payment options with the world bank
D. Having to learn about different customs, taboos, and manners from different countries
Answer:
A
Explanation:
One of the major drawbacks of international business is currency exchange rates. Since, economies are unpredictable, there is always an economic risk associated with international trade. A can get expensive or cheaper with the currency exchange rates of other countries. Leading to an unpredictable balance of trade.
However, this risk is not present in domestic business. So for U.S. companies doing business domestically instead of internationally can save them from tremendous economies challenges caused by currency exchange rates.
Answer:
Having familiarity with law and regulations
Explanation:
The demand for this type of good rises when income falls and falls when
income rises.
O substitutes
o inferior
O normal
O complements
Answer:
o inferior
Explanation:
The inferior goods shown the inverse relationship between the demand and the income. If the demand of the goods is increased so the income would fall and if the demand of the goods fall so the income would rises
So this represent that the good is an inferior good
Hence, the second option is correct
Smart tips for selling to business customers include all the following except: a. Emphasize various benefits that meet the differing needs and interests of each member of the buying center b. Offer fresh insight and ideas in e-mails and other correspondence c. Develop a marketing mix to satisfy the needs of the organization as well as the needs of individual purchasing managers d. Show appreciation by offering desirable gifts to purchasing managers e. Explain how products and services will reduce the firm's risk
Answer:
c. Develop a marketing mix to satisfy the needs of the organization as well as the needs of individual purchasing managers.
Explanation:
In order to have smart selling in business, one needs to have an emphasis on the various benefits that are offered by the product to the client. Such as on the sales of A/C one needs to offer insights and ideas to the buying customers, show appreciation by providing gifts to the purchasing managers.Even explain how the products and services can help boost profit. Rather than developing a marketing plan to meet the need of the customers as it is not their concern.1. What are the three basic categories of consumer goods? Briefly explain each and clearly
differentiate among them
There are three main types of consumer goods: durable goods, nondurable goods, and services.
Durable goods are consumer goods that have a long-life span (e.g. 3+ years) and are used over time. Examples include bicycles and refrigerators. Nondurable goods are consumed in less than three years and have short lifespans. Examples of nondurable goods include food and drinks. Services include auto repairs and haircuts.
Consumer goods are also called finals good, or end product, because they are the ultimate output of a productive process that occurs over time.