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bezimeni [28]
2 years ago
12

Chips of Joy, a leading chocolate chip cookie manufacturer, has decided to use the same marketing strategy and marketing mix wor

ldwide for all of its brands. The only change that will be made is language translation on the various packaging. Chips of Joy is using a(n) ________ marketing strategy.
Business
1 answer:
frozen [14]2 years ago
7 0

If the only change that will be made is language translation on the various packaging. Chips of Joy is using a(n) <u>standardized globa</u>l marketing strategy.

<h3>What is marketing strategy?</h3>

Marketing strategy can be defined as the strategy applied when creating awareness about a product so as to generate more sales.

Standardized global marketing strategy enables  companies to market or promote their product or brand internationally or across the globe.

Therefore Chips of Joy is using a(n) <u>standardized globa</u>l marketing strategy.

Learn more about Marketing strategy  here: ttps://brainly.com/question/25640993

#SPJ1

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Which of the following is not an advantage of budgeting? a.It forces managers to plan. b.It provides information for decision ma
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Answer:

c. It guarantees an improvement in organizational efficiency.

Explanation:

The budget does not guarantees an organizational efficiency. It should be efficiently utilized to make more out of it for organizational efficiency.  

3 0
3 years ago
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A firm purchased $120,000 worth of light general-purpose trucks. The operations of the trucks lead to annual income of $60,000 f
Setler [38]

The before-tax IRR is 37.93%

The after-tax IRR is 19.32%

The internal rate of return (IRR) is defined as the return rate on a project investment project over a periodic lifespan.

It is also referred to as the net present value of an investment project which is zero. It can be expressed by using the formula:

\mathbf{0= NPV \sum \limits ^{T}_{t=1} \dfrac{C_t}{(1+1RR)^t}- C_o}

where;

  • \mathbf{C_t} = net cash inflow for a time period (t)
  • \mathbf{C_o=} Total initial investment cost

<h3>(a)</h3>

For the before-tax IRR:

The cash outflow = $120000

Cash Inflow for the first three years = $60000

Cash inflow for the fourth year = $60000 + $20000 = $80000

∴

Using the above formula, we have:

\mathbf{0 = \dfrac{60000}{(1+r)^1}+ \dfrac{60000}{(1+r)^2}+ \dfrac{60000}{(1+r)^3}+ \dfrac{80000}{(1+r)^4}}

By solving the above equation:

r = 37.93%

<h3>(b) </h3>

For the after-tax IRR:

The cash outflow = $120000

Recall that:

  • Cash Inflow = Cash inflow × Tax rate

∴

For the first three years; the cash inflow is:

\mathbf{=60000 -(60000\times 0.3)  } \\ \\ \mathbf{ = 60000 -18000}  \\ \\ \mathbf{ = 42000}

For the fourth year, the cash inflow is

\mathbf{=80000 -(60000\times 0.3)  } \\ \\ \mathbf{ = 80000 -18000}  \\ \\ \mathbf{ = 62000}

Using the above IRR formula:

\mathbf{0 = \dfrac{42000}{(1+r)^1}+ \dfrac{42000}{(1+r)^2}+ \dfrac{42000}{(1+r)^3}+ \dfrac{62000}{(1+r)^4}}

By solving the above equation:

r = 19.32%

Learn more about the internal rate of return (IRR) here:

brainly.com/question/24301559

5 0
2 years ago
What are two key elements in deciding how to collect data for marketing research?
aleksandrvk [35]

The answer is:

(1) setting the research objectives

(2) identifying possible marketing actions

What is marketing research?

  • Market research is the method of deciding the reasonability of a modern benefit or item through research conducted straightforwardly with potential clients.
  • Market research permits a company to find the target advertise and get conclusions and other criticism from consumers about their intrigued within the item or service.
  • This sort of research can be conducted in-house, by the company itself, or by a third-party company that specializes in advertise inquire about.
  • It can be done through overviews, item testing, and center bunches.
  • Test subjects are as a rule compensated with item tests or paid a small stipend for their time.
  • Market inquire about could be a basic component within the inquire about and improvement (R&D) of a modern item or service.

To know more about the marketing research visit:

brainly.com/question/24906199?

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7 0
1 year ago
Gammy Corporation provides services with a normal price of $800,000 and a trade discount of $100,000. Terms are 2/10, n/30 and t
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Answer:

$686,000

Explanation:

net service revenue = gross revenue - discount for early payment

gross revenue = total sales price - trade discount

gross revenue = $800,000 - $100,000 = $700,000

net service revenue = $700,000 - 2%($700,000) = $700,000 - $14,000 = $686,000

4 0
2 years ago
Able Trucking Corporation files a suit in a state court against Bob’s Service Company (BSC), and wins. BSC appeals the court’s d
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Answer:

Explanation:

An appellate court will reverse a lower court’s decision on the basis of the facts only

when the finding is clearly erroneous (that is, when it is contrary to the evidence

presented at trial) or when there is no evidence to support the finding. Appellate courts

normally defer to a trial court’s decision with regard to the facts of a case, however, for

several reasons. First, trial court judges and juries have the opportunity to observe

witnesses and tangible evidence first hand. The appellate court sees only a cold record of

the trial court proceedings and therefore cannot make the kind of judgments about the

credibility of witnesses and the persuasiveness of evidence that can be gleaned only from

firsthand experience. Second, as occurs when there is no jury and the case is heard by a

judge, trial judges routinely sit as fact finders. As a result, they develop a particular

expertise in determining what kind of evidence and testimony is reliable and what kind is not

3 0
3 years ago
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