Business, 08.09.2020 14:01 rubixcube4786434

Critical Thinking Questions 1. Why do you think vinyl records are appealing to customers? 2. Do you think the sales growth will continue to be strong for vinyl sales? Why or why not? 3. What research would you want to conduct prior to making a decision to invest in new presses?

Answers: 1

Show answers

Answers

Answer from: marissaa190

In order to answer the stated questions, let's quickly understand what vinyl records are.

Vinyl RecordsVinyl records are known to be the disks that rotate which are used in recording/storing music.They have inscribed modulated spiral grooves.During the 20th century, it was used in music recording.

1. Vinyl records are appealing to customers because they possess an aesthetic appeal and gives better sound quality than compressed CD.

2. Yes. I think the sales growth will continue to be strong for vinyl sales because there is a possibility of re-inventing and recycling to make even more portable and classic records.

Amazingly, statistics reveal that there was a more than 50 percent sales growth of vinyl in 2021 which surpassed CD album sales.

3. The research I will like to make:

The market demand of pressesThe available competitorsTarget market researchPrice Vs Cost research

Learn more about vinyl records on link

Answer from: claudialopez093

The answers are provided below

Explanation:

• Why do you think vinyl records are appealing to customers?

Vinyl records are appealing to customers due to nostalgia as people will typically love to recall their older times and hence will want to re-live them again. Also, listeners can listen to whole album rather than them listening to single tracks. Lastly, the packaging involved is great.

• Do you think the sales growth will continue to be strong for vinyl sales? Why or why not?

Yes, I think the sales growth will continue to be strong for vinyl sales. Due to the fact that vinyl records accounts for just a few portion of the entire sales in the music industry, this means that there is room for improvement and growth and can increase demand.

• What research would you want to conduct prior to making a decision to invest in new presses?

The research I would want to conduct prior to making a decision to invest in new presses are:

• The demand for vinyl records: This will help me to know the amount of people that request for vinyl records and know if there is any reason to invest in new presses.

Size of the market: The size of the market also plays a vital role in knowing whether to invest in new presses or not. If the market size is big, new presses can be considered, and vice versa.

Competitors: The competition had to be looked at critically in order to know if nee presses are required or not.

Consumers income: The consumers are the one purchasing the products so for anything to be done, they've to be taken into consideration. The higher the consumers income, the higher the probability of them buying new presses.

Answer from: Quest

This app is for people with school not buying your own ukulele

Answer from: Quest

Good question my dood

Another question on Business

Business, 22.06.2019 01:20

Suppose a stock had an initial price of $65 per share, paid a dividend of $1.45 per share during the year, and had an ending share price of $58. a, compute the percentage total return. (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. what was the dividend yield and the capital gains yield? (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

Answers: 2

Answer

Business, 22.06.2019 04:30

Required prepare the necessary adjusting entries in the general journal as of december 31, assuming the following: on september 1, the company entered into a prepaid equipment maintenance contract. birch company paid $3,400 to cover maintenance service for six months, beginning september 1. the payment was debited to prepaid maintenance. supplies on hand at december 31 are $3,900. unearned commission fees at december 31 are $7,000. commission fees earned but not yet billed at december 31 are $3,500. (note: debit fees receivable.) birch company's lease calls for rent of $1,600 per month payable on the first of each month, plus an annual amount equal to 1% of annual commissions earned. this additional rent is payable on january 10 of the following year. (note: be sure to use the adjusted amount of commissions earned in computing the additional rent.)

Answers: 1

Answer

Business, 22.06.2019 08:00

In addition to using the icons to adjust page margins, a user can also use

Answers: 1

Answer

Business, 22.06.2019 09:30

Darlene has a balance of 3980 on a credit card with an apr of 22.8% paying off her balance and which of these lengths of time will result in her paying the least amount of interest?

Answers: 2

Answer

You know the right answer?

Critical Thinking Questions 1. Why do you think vinyl records are appealing to customers? 2. Do you...

Questions