(c) Beginning inventory consisted of 16,000 units with a direct materials cost of $56,800. The equivalent work represented by all direct materials costs in the WIP Inventory account amounted to 72,000 units. Ending inventory had 24,000 units that were 20 percent complete with respect to materials. The ending inventory had a $18,000 direct materials cost assigned. What was the total materials cost incurred this period? (Do not round intermediate calculations.) Total material cost​

Answers

Answer 1

The total materials cost (assuming the weighted average method) incurred during this period is  $213200.

What is Inventory?

Inventory refers to all of the items, goods, merchandise, and materials held by a company for the purpose of reselling in the market for profit. Raw materials and components, work in progress, finished goods, and maintenance, repair, and operating supplies are the four major categories.

Cost per unit :

= $18000 / (24000 x 20%)

= $3.75 per unit

Cost per unit = (direct material cost + cost incurred) / equivalent units

$3.75 = ($56800+Cost incurred) / 72000

Cost incurred = $213200

Therefore,  The total materials cost is $213200.

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Related Questions

KPI Payouts are:
Prepaid Ring-out Only: $
Prepaid Activation: $
Accessories:
Equipment Protection: $
You can make $
and ring it out at the POS.
%
when you activate a prepaid device with equipment protection

Answers

Answer:

Explanation:

I'm sorry, the information provided is not complete or clear. In order to provide an answer, I would need more information about the KPI payouts, such as specific dollar amounts and percentages. Additionally, the statement in the last sentence doesn't make sense. Please provide more information or rephrase the question for me to understand better.

There may be up to a $1 temporary authorization on the credit card while setting it up, you'll be charged 2-3 days before due date, you have to cancel AutoPay separately from canceling your account.

What is credit card?

A credit card is a payment card that is given to customers so they can pay a merchant for products and services based on the debt they have accumulated.

The card issuer establishes a revolving account and gives the cardholder a line of credit from which they can borrow money to pay for purchases or to get a cash advance.

Consumer credit cards and business credit cards are the two types of credit cards. The majority of cards are made of plastic, however others are made of metal or are made of metal and gemstones.

A charge card, which demands that the balance be paid in full each month or at the conclusion of each statement cycle, is distinct from a typical credit card.

The fact that a credit card often involves a third party that pays the seller and is reimbursed by the buyer, as opposed to a charge card, which only postpones the buyer's payment until a later time, is another way that credit cards and charge cards differ from one another.

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true fales 1-The only factor that can cause a change in quantity demand is the own price of the product

Answers

Answer:

False. While the own price of a product is one of the main factors that can affect a change in quantity demand, other factors such as changes in income, population, preferences, prices of related goods and tastes also play a role in changing quantity demand.

TCS in-house knowlege managementbsyatem thatbis used for knowledge caption

Answers

Tools for managing specific know-how protected Know Max, Process Asset Libraries, Kbases and Ultimatix (Laudon & Laudon, 2012).

TCS at the beginning introduced Knowledge administration as a thought in the yr 1995. In 1998, knowledge management formed a crew referred to as the “Corporate Groupware”.

What is the position of know-how officer in TCS?

One of the essential duties they are looking for to achieve is to unfold understanding and perception for the duration of the agency as an alternative than leaving it isolated in pockets of brilliance. They don't seem to idea who takes the savings for any successes, as long as the success is visible.

What are the SPOC for each and every unit?

Knowledge management is the spocs for each and every unit and looks at the know-how necessities and gaps strategically and drives km in alignment with the gadgets and commercial enterprise objectives. A Knowledge Manager comprehends the broader Business Strategy and builds a km roadmap that aligns with it.  

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what is introduction management​

Answers

Answer:

Management is what managers 'do', It is the process of coordinating work activities with and. through other people so that work activities are completed efficiently and effectively.

VALUE STREAM MAPPING
1. Describe the entire process of a service busines (bank) in a way that if a third person reads the description they can easily plot the value stream map.

2. Plot the value stream map for the business process using a diagram

3. Identify and explain improvement opportunities within the business process.

4. Plot the value stream map after implementation of improvement opportunities using a diagram.

Answers

In an overview, value stream mapping serves as a critical lean tool for any organization that wants to plan, implement, and improve its lean journey.

Most lean practitioners used the mapping to identify waste, reduce process cycle times and implement process improvement.

How exactly does value stream mapping works?

Many lean practitioners regard Value stream mapping as a critical tool for identifying waste, shortening process cycle times, and implementing process improvement.

Value stream mapping is a workplace efficiency tool that combines material processing steps with information flow, as well as other relevant data. VSM assists users in developing a solid implementation strategy that will maximize their available resources while also ensuring that materials and time are used efficiently.

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Question 6 of 12
Which of the following sources are unreliable?
Select the 3 answer options that apply.

An inaccurate source


A source that isn't relevant to your subject


An untrustworthy source


A source that is current enough for your needs

Answers

Answer:

The top three are unreliable

Explanation:

An inaccurate source (can't be trusted)

A source that isn't relevant to your subject (not relevant to your subject)

An untrustworthy source (untrustworthy)

Which 4 sections of the Overview screen can help you perform a high-level review of their books?

Answers

Answer:

Explanation:

The four sections of the Overview screen that can help you perform a high-level review of your books are:

1. Financial Summary: This section provides a snapshot of the company's financial performance, including revenue, expenses, profit and loss, cash flow, and other key indicators.

2. Balance Sheet: This section provides a snapshot of the company's assets, liabilities, and equity. This can help you understand the company's financial position and make decisions regarding investments, capital expenditures, and other financial matters.

3. Profit & Loss Statement: This section provides a detailed view of the company's income and expenses. This can help you understand the company's profitability and make decisions regarding pricing and cost management.

4. Cash Flow: This section provides a snapshot of the company's cash flow, which can help you understand the company's liquidity and make decisions regarding cash management.

The personal assets of the owner of a company will not appear on the company's balance sheet because of which principle/guideline? A. Cost principle                     B.  Business Entity                           C.  Monetary Unit 2. Which principle/guideline requires a company's balance sheet to report its land at the amount the company paid to acquire the land, even if the land could be sold today at a significantly higher amount? A. Cost principle                   B. Business Entity                              C.  Monetary Unit 3. Which principle/guideline directs a company to show all the expenses related to its revenues of a specified period even if the expenses were not paid in that period? A. Cost principle                  B. Matching principle                          C. Monetary Unit​

Answers

The personal assets of the owner of a company will not appear on the company's balance sheet because of which principle/guideline business Entity. Thus, option (b) is correct.

Cost principle, principle/guideline requires a company's balance sheet to report its land at the amount the company paid to acquire the land, even if the land could be sold today at a significantly higher amount. Thus, option (a) is correct.

Cost principle, principle/guideline directs a company to show all the expenses related to its revenues of a specified period even if the expenses were not paid in that period. Thus, option (a) is correct.

What is company?

The term "company" refers to legal entities that are lawfully registered under the Company Act. The company's major goal is to increase profits while maintaining goodwill. With the assistance of management, the organization was flawlessly run. Employees are compensated by the company.

The personal assets of the owner of a company not appear in the balance sheet if the company is business.

A company was the acquire the land, even if the land could be sold is cost principle.

Directs a company to show all the expenses is called cost principle.

Therefore, option 1. (b), 2, (a), 3. (a) is correct.

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The y-axis intercept of the supply curve is 25 and the slope of the
supply curve is 5.
Draw and label this supply curve. Make your supply curve intersect
the y-axis.
C
80-
70-
60-
50-
40-
30-
20-
10-
Price
0
2
6
10
O
C
G
Quantity
>>> Draw only the objects specified in the question.

Answers

The equation of supply curve will be y = 25 + 5x.

What is supply curve?

In economics, the supply curve is a graphic depiction of the relationship between the price of a good and the amount of it that a seller is willing and able to supply. The graph's horizontal axis represents supply quantity and the vertical axis represents product pricing.

The supply curve slopes higher because a corporation would typically be more inclined to produce a good as its price increases. The cost of production also tends to increase when output rises because businesses are efficient and would use up the cheapest production inputs first.

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Organizational ethics begins with?

Answers

Note that Organizational ethics begins with considering the organizational ethos.

What is organizational ethics?

Organizational ethics, often known as business ethics, are the beliefs, principles, and norms that guide people in an organization's individual and collective conduct. Corporate ethics is designed to direct and control activities and business circumstances in order to avoid potentially detrimental actions.

Implementing a corporate ethical culture must begin with a consideration of the organization's ethos, or the core world beliefs and values of the business and its personnel. The ethos is a useful tool for generating a shared language among employees and understanding the organization's aims.

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identify and explain ways in which glocalisation can be better choice in africa than globalization​

Answers

Globalization is a better choice in Africa because it has provided some elements which when applied by countries or Nations, could foster development in the region.

What did research show about Globalization impact on Africa?

According to a research, the African continent would do well to adapt to the opportunities and challenges of globalization rather than pursue a policy of self-sufficiency, which could set it back in the global economy.

The Deputy Governor of the Central Bank of Nigeria deliver a public lecture on the development of Africa. Beyond Africa Rising was based on his recent book, Emerging Africa: How the Global Economy's "Last Frontier" Can Prosper and Matter.

The continent mission was to challenge current development orthodoxy in Africa and articulate a new vision for the continent. Africa is emerging, but it is far from rising, he claims.

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What is meant when we say that insurance is a risk transfer mechanism?

Answers

Answer:

In summary, insurance is a risk transfer mechanism because it allows individuals and businesses to shift the financial burden of unexpected events or losses from themselves to an insurance company, thus protecting them from the potential financial impact of such events.

Explanation:

When we say that insurance is a risk transfer mechanism, we mean that insurance allows individuals and businesses to transfer the financial risk of unexpected events or losses from themselves to an insurance company.

Insurance works by pooling the risks of many individuals or businesses together, so that the financial impact of an unexpected event or loss is spread out among many people. When an individual or business purchases insurance, they pay a premium to the insurance company in exchange for protection against specific risks. If a covered event or loss occurs, the insurance company will pay out a benefit to the policyholder to help cover the costs of the loss.

By transferring the financial risk of unexpected events or losses to an insurance company, individuals and businesses are better able to manage and plan for the potential financial impact of such events. Without insurance, an unexpected event or loss could cause significant financial hardship for an individual or business, making it difficult for them to recover. With insurance, however, the financial impact of such events is greatly reduced, allowing individuals and businesses to maintain their financial stability in the face of unexpected events.

In summary, insurance is a risk transfer mechanism because it allows individuals and businesses to shift the financial burden of unexpected events or losses from themselves to an insurance company, thus protecting them from the potential financial impact of such events.

Nataro, Incorporated, has sales of $668,000, costs of $330,000, depreciation expense of $74,000, interest expense of $47,000, a tax rate of 21 percent, and paid out $46,000 in cash dividends.

What is the addition to retained earnings? (Do not round intermediate calculations.)

Addition to retained earnings = $_______

Answers

Answer:

Addition to retained earnings = $220,950

Explanation:

Net Income = Sales - Costs - Depreciation - Interest = $668,000 - $330,000 - $74,000 - $47,000 = $217,000

Tax = (Net Income) x (Tax Rate) = $217,000 x 21% = $45,570

Net Income After Tax = Net Income - Tax = $217,000 - $45,570 = $171,430

Addition to Retained Earnings = Net Income After Tax - Dividends Paid = $171,430 - $46,000 = $220,950

Question 1 of 47
B. Requirement
Which term refers to a condition or capability that is essential in a product or service to satisfy a business need?
A. Story point
C. Feature
******
D. Change
#

Answers

A story point I took the test last month

what is cash position in a business?

Answers

Answer:

Cash position in a business refers to the amount of liquid assets a company has available to meet its financial obligations. It is an important measure of a company's financial health and liquidity.

Explanation:

NoraCorp wants to meet a moral minimum of ethical behavior in its operations. It is planning a merger with another company which would cause any or all of the following:

I) Stock price will go up, positively impacting shareholders

II) The company could build a new central headquarters, which would decrease nearby property values

III) The company could fire 200 employees

IV) The company could afford a new production facility, which would negatively impact the environment and landowners' property.

V) The company could offer higher-quality products to customers for lower cost, positively impacting customers.

Answers

If NoraCorp wants to meet a moral minimum of ethical behavior in its operations. The statement that is true is: NoraCorp has met its moral minimum requirements.

What is ethical behavior?

Ethical behavior can be defined as those behavior that are morally and acceptable example of ethical behavior is to be honest, to be truth worthy, to follow a set rule and regulation and others.

Based on the scenario the company met its moral minimum requirement based on the fact that company is honest as  they provide  packages to the employees they lay off and they as well have the  plans to compensate landowners for damages caused by the new production facility.

Therefore we can conclude that the company met its moral minimum requirements.

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The complete question is:

NoraCorp wants to meet a moral minimum of ethical behavior in its operations. It is planning a merger with another company which would cause any or all of the following:

I) Stock price will go up, positively impacting shareholders

II) The company could build a new central headquarters, which would decrease nearby property values

III) The company could fire 200 employees

IV) The company could afford a new production facility, which would negatively impact the environment and landowners' property.

V) The company could offer higher-quality products to customers for lower cost, positively impacting customers.

NoreCorp decides to move forward with the merger. All of the above events occur, but NoraCorp offers severance packages to the employees it fires and plans to compensate landowners for damages caused by the new production facility. Which of the following is true?

An article in Business Week warned of the dangers of deflation as the collapse of numerous Asian economies was creating worries that Asia might try to "export its way out of trouble" by oversupplying everything from automobiles to semiconductors. Evidence that deflation had become a genuine concern for managers was provided by a statement in the article by John Smith, chairman and CEO of General Motors Corporation: "Fundamentally, something has changed in the economy. In today's age, you cannot get price increases." The article offers advice to managers: "Productivity growth lets companies boost profits even as prices fall." Using short-run production and cost theory comment on this advice.

Answers

Answer:

Explanation:

This advice is supported by short-run production and cost theory, which states that firms can increase their profits even when prices are falling by increasing productivity. This can be achieved through cost-cutting measures, such as reducing labor and capital costs, and by increasing efficiency in production processes. By reducing their costs, firms can be more competitive and still realize a profit. Additionally, productivity growth can help firms to produce more goods at a lower cost, thereby increasing the firm's profitability. Thus, the advice given in the Business Week article is in line with short-run production and cost theory.

At the beginning of the year Carla vista company had a total assets of 897,000 and total liabilities of 515,000

Answers

If total assets increased $140,000 during the year and total liabilities decreased $84,000, gthe amount of stockholders’ equity at the end of the year is $606,000.

How to find the Stockholders Equity?

Ending assets = 897,000 + 140,000

Ending assets = 1,037,000

Ending liabilities = 515,000 - 84,000

Ending liabilities = 431,000

Owner's Equity = Ending assets - Ending liabilities

Owner's Equity = 1,037,000 - 431,000

Owner's Equity = 606,000

Therefore we can conclude that the Owner's Equity is the amount of $606,000.

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The complete question is:

At the beginning of the year, Carla Vista Company had total assets of $897,000 and total liabilities of $515,000. (Treat each item independently.)

If total assets increased $140,000 during the year and total liabilities decreased $84,000, what is the amount of stockholders’ equity at the end of the year?

Stockholders’ equity

Can you name me 2 commercial products that donate to nonprofit organization?

Answers

Two commercial products that donate to nonprofit organizations are Netflix and Amazon.

What are nonprofit organizations?

Nonprofit organizations or non-profit organizations, also known as non-business entities, not-for-profit organizations, or nonprofit institutions, is a legal entities organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties.

An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs etc.

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Which of the following statements is NOT true of a market economy?
Question 9 options:

The government may supply some goods or services.

The individual makes his or her own economic decisions.

The economy is defined by a freedom of choice for both buyers and sellers.

The system encourages private ownership of resources.

The pricing of goods is determined by what sellers wish to charge and buyers wish to pay

Answers

A market economy is based on consumer free will and private ownership. Answer is A

choose the best answer
1. what was the focal point in the old definition of marketing
A. the customer B. the product C. The supplier D. All of the above

Answers

A. The customer was the focal point in the old definition of marketing.The focal point in the old definition of marketing was the customer.

The primary focus of marketing was on identifying and meeting the needs and wants of customers, rather than just promoting and selling products Old marketing, also known as traditional marketing, refers to the historical approach to marketing that focused on promoting and selling products through mass media advertising, such as television and print ads, rather than directly engaging with customers and understanding their needs and preferences.

It was primarily focused on creating demand for a product, rather than satisfying it. The focal point of old marketing was the product itself, and the goal was to increase sales through large-scale advertising campaigns and promotions.Old marketing, also known as traditional marketing, refers to the historical approach to marketing that focused on promoting and selling products through mass media advertising, such as television and print ads, rather than directly engaging with customers and understanding their needs and preferences.

It was primarily focused on creating demand for a product, rather than satisfying it. The focal point of old marketing was the product itself, and the goal was to increase sales through large-scale advertising campaigns and promotions.

\

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Researcher is comparing to multiple choice is tests with different conditions in the first test a typical multiple choice cescis administered in the second test alternative choices incorrect answers a randomly assigned to test takers the results from these two test are given below mean of regular test is 59.9 and randomise answers is 44.8 standard deviations of regular test is 10.2 and answers is 12.7

Answers

The regular test is 59.9 and randomize answers is 44.8 standard deviations of regular test is 10.2 and answers is 12.7 the scattered of the two distributions be compared Yes, as the S.D. is given. Thus, option (a) is correct.

What is standard deviation?

A standard deviation is a measure and the calculate the dispersed of the data is the relation to the mean. The standard deviation was to indicate the slope was the upper and the lower.

               Regular test   Randomized

Mean        59.9             44.8

SD             10.2              12.7

CV = (SD/Mean) * 100

CV = Coefficient of Variation

CV is Measures of Relative Dispersion or relative scattered of Data

SD = Standard Deviation

As a result, the S.D. is given are the two distributions be compared.

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Your question is incomplete, but most probably the full question was.

Question 1 : Can the scattered of the two distributions be compared, just by looking at the given figures? Select one: a. Yes, as the S.D. is given b. No, as the mean is not same c. May be d. Can't say

Why do they think inflation will not happen today as it did in 1970s?

Answers

There are several reasons why economists and policy makers believe that inflation will not occur at the same levels as it did in the 1970s:

Monetary policy: Central banks today have more advanced tools to control inflation, such as interest rate adjustments, quantitative easing, and forward guidance.Globalization: The increased integration of global economies has led to greater competition and a greater supply of goods and services, which can help to keep prices in check.Flexible exchange rates: Floating exchange rates make it easier for countries to adjust to changes in the global economy, which can help to prevent the kind of inflationary spiral that was seen in the 1970s.Increased transparency: Today, there is more information available about the economy, which can help policy makers to better identify and respond to inflationary pressures.Improved economic models: Economists have developed more sophisticated models to understand inflation and its causes, which can help to guide policy decisions.Inflation targeting: Many central banks have adopted inflation targeting as a monetary policy framework, which is a strategy to achieve a low and stable inflation rate.

All of these factors could help to prevent the type of high inflation that was seen in the 1970s. However, the economic environment keeps changing and some events could happen that could make it difficult to control inflation, like a big increase in the oil price, or a significant economic shock.

Assessment i 4 Amal is a small business owner. She has a team of managers including a human resources manager, an operations manager, a sales manager, and a marketing manager. Who is responsible for the financial decisions that arise in the course of business?​

Answers

Answer: 4000mL..........

Question 2
What is the 360 Deal?
O Record company control all aspects of the artist's career
O Record company share all their profits with the artist
O Record company sees everything
O Record company works 360 days a year

Answers

The 360 Deal is a Record company share all its profits with the artist. Option B

What is the 360 Deal?

Generally, A 360 deal is a type of contract between a record label and an artist in which the label takes a percentage of the artist's income from various sources, such as album sales, touring, merchandising, and other business ventures.

This is in contrast to traditional record deals in which the label only takes a percentage of album sales. The label typically assumes a more active role in managing the artist's career and overseeing various aspects of their business, hence the name "360" deal.

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what is business organization​

Answers

Answer:

A business organization is a legally recognized entity that is created for the purpose of conducting commercial or industrial activity. There are several types of business organizations, including sole proprietorships, partnerships, corporations, and limited liability companies (LLCs).

Each type has its own set of advantages and disadvantages, and the type that is best for a particular business will depend on the specific circumstances and goals of the organization.

A sole proprietorship is owned and operated by one person, with no legal distinction between the owner and the business.

Partnerships are owned and operated by two or more people, and can take the form of a general partnership or a limited partnership.

Corporations are legal entities that are separate and distinct from their owners, and can be owned by shareholders.

LLCs are a hybrid type of business organization that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.

In addition to these types, there are also non-profit organizations, cooperatives and government-owned corporations.

Each type of business organization has its own set of rules and regulations that must be followed, as well as tax implications.

It is important for business owners to carefully consider the type of organization that is best for their business, and to consult with legal and financial professionals to ensure that they are in compliance with all applicable laws and regulations.

A job application is a(n)
-temporary
- legal
-permanent
-electronic

Answers

A job application is a legal document. Thus, option B is correct.

A legal document is one that, by definition, outlines an agreement between two or more parties, has been signed by mutual consent, and can be relied on in court in all other respects. However, there are many other types of documents that people will refer to as legal. A contract, will, deed, trust, and business arrangement are all examples.

A legal document functions by outlining the legal terms and conditions of an arrangement detailed in the document. However, in order for that legal document to be legally enforceable, it must also adhere to the elements that make it so. That is mutual assent, offer and acceptance, consideration, legality, and capacity.

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Full question:-

A  job application is a(n)           document.

A. temporary

B. legal

C. permanent

D. electronic

Explain three rights that consumers have when buying a service for example hiring a plumber to install a new shower

Answers

The three consumer rights that consumers have when buying a service are the right to be informed, the right to choose, the right to safety.

What are consumer rights?

The Consumer Bill of Rights protects consumers. Consumers have the right to be informed, the right to choose, the right to safety, the right to be heard, the right to have problems corrected, the right to consumer education, and the right to service, according to the bill.

Access to essential goods and services such as adequate food, shelter, clothing, health care, education, and sanitation - basic needs that should be available to all consumers - is defined as service.

Therefore, consumer right are essential when buying a service.

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The below two statements are related to mindfulness
a. It is not obscure or exotic.
b. It is evidence-based.

TRUE
FALSE

Answers

It is true that mindfulness is evidence based and false that it is exotic.

What is mindfulness?

Mindfulness. It's an easy term to understand. It implies that the mind is entirely focused on what is taking place, what you are doing, and the environment you are moving through. That might sound insignificant, but it annoys me that we frequently stray from the topic at hand. When our mind wanders, we get disconnected from our physical selves and quickly become preoccupied with compulsive thoughts about the past or worry about the future. And it stresses us out.

However, awareness is always present to bring us back to where we are, what we are doing, and how we are feeling, no matter how far we go. It's great to give mindfulness a go for a time if you want to understand what it is. You will discover tiny variances in the meaning in books, online, audio, and video since it's difficult to put into words.

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which represents a change in social preferences that has had the most direct impact on the entertainment marketing industry

Answers

One change in social preferences that has had a significant impact on the entertainment marketing industry is the shift towards streaming services and on-demand content.

With the rise of platforms like Netflix, Hulu, and Amazon Prime, consumers are increasingly opting to watch their favorite shows and movies on streaming services rather than through traditional cable or satellite providers.

This has led to a shift in the way entertainment is marketed and distributed. Instead of traditional TV advertising, companies now need to focus on digital marketing and social media promotion to reach their target audience.

Additionally, streaming services have also changed the way entertainment is produced, with more and more shows and movies being produced specifically for streaming platforms.

Another change in social preferences that has had a significant impact on the entertainment marketing industry is the rise of social media influencers, and the growing importance of influencer marketing.

Social media has allowed influencers to gain a large following quickly, which has led to them being able to reach a large audience with a single post or video. This has led to many influencers becoming brand ambassadors and promoting products and services through their social media channels.

These changes in social preferences have led the entertainment marketing industry to adapt and find new ways to reach their target audience and promote their products.

Other Questions
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