Help, Answer the problems below
QUESTION 23 The business market is characterized as having O many customers, geographically dispersed. longer decision cycles. O smaller total dollar amounts due to fewer transactions. O more reliance on advertising, Web sites, and retailing. O more reliance on mass marketing. QUESTION 24 A(n) occurs when a purchaser buys the same product in the same quantities from the same vendor. O modified rebuy O alternative buy O gatekeeper O purchasing agent straight rebuy QUESTION 25 Commerce conducted electronically over the Internet is known as O dot-commerce O e-commerce Google mart Web commerce O Internet merchandisingQUESTION 2 Business Plan is a written document that serves as a blueprint and guide for a proposed business project that one intends to undertake. Explain the purpose of an executive summary of a business plan. Elaborate four (4) different parties that needs to read your business plan. [Total: 10 marks]The owners of an e-business have been successful in selling fashion products but are now venturing into another domain. Knowing that the impact of advertising on profit cannot be overemphasized, they are interested in determining the right amount to allocate to advertising for the new business. Based on a monthly report from the fashion e-business, a regression analysis of monthly profit (in thousands of dollars) on advertising spending (in hundreds of dollars) produced the following results: slope y-intercept 1.34 2.451 0.7372 where y = profit (in $1000s) x = advertising spending (in $100s) a. State the least-squares regression line for the data. 0 + 0 x b. Interpret the value of the slope as it relates to this problem. For every $1 increase in advertising spending, there is a $1.213 increase in profit. O For every $100 increase in advertising spending, there is a $1,213 increase in profit. O For every $100 increase in advertising spending, there is a $121.3 increase in profit. O For every $1,000 increase in advertising spending, there is a $121.3 increase in profit. c. Compute and interpret the coefficient of determination. R- = Round to 4 decimal places d. Predict the monthly profit for a month when advertising is $2,200. $0.00 Round to the nearest cent SRemaining Time: 41 minutes, 11 seconds. Question Completion Status: 34 Moving to another question wil save this response Question 34 The primary advantage of magazine advertising is that O i is less costly than newspaper advertising O the ad is available at the point of purchase for the product he exposure Time is limited O il mold effective for business to-business transactions @ the ad can target a specific audience Moving to another question wil save this response O I'm Cortana, Ask me anything. 9Other current liabilities 56291 Total owners' equity and liabilities 479780 416357 21 Use the information provided above to calculate the following ratios and interpret them over the two-year period (2018-2019) taking into consideration the additional information provided on each ratio. Show your workings and where applicable, round off answers to two decimal places. 2.1.1 Profit margin 2.1.2 Acid test ratio 14 2.1.3 Inventory turnover [Inventory for 2017: 69 870] 141 141 2.14 Debtors collection period (Current credit terms to debtors are 30 days) 141 2.1.5 Return on assets [Current rate on fixed deposits at banks- 7.25 %, Current rate at banks for business loans" 11%, the current inflation rate 5.6%] 141 2.2 Use the following information to calculate the economic order quantity: 151 Rich Distance Distributors purchases 750 snake repellers at R340 each per annum. The snake repellers are sold at 1480 each at a steady rate during the year, The cost of placing a single order amounts to R20. Inventory holding cost amounts to 12.50 per unit. 451 2.3 Use the following information to calculate the cost of not accepting a discount; Reptile Wholesaler's normal credit terms to Rich Distance Distributors are 30 days but is prepared to allow a 4.5% rebate if Puff Adder Distributors pays the account within 15 days. Calculate the cost to Puff Adder Distributors of not accepting the discount. 38 OK Y 2020 INTAKE PROGRAMME