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Salsk061 [2.6K]
1 year ago
11

Decades ago, developing and implementing the "right" marketing strategy was all about _________________ . In today's economy, ho

wever that emphasis has shifted to developing strategies that attract and retain customers over the long term.
Business
1 answer:
kondor19780726 [428]1 year ago
8 0

In decades past, the development and implementation of marketing strategy was about b.creating a large number of transactions in order to maximize a firm's market share.

<h3>What was the focus of marketing strategy in the past?</h3><h3 />

Companies wanted to increase the number of sales transactions they had as they believed it would lead to a higher market share.

These days however, companies try to retain their customers over the long term so they can have a sustainable revenue base.

Options for this question are:

a.aggressive selling in order to maximize sales volume.

b.creating a large number of transactions in order to maximize a firm's market share.

c.making products of moderate quality that could be sold at the lowest price possible.

d.conducting extensive research to discover customer needs.

Find out more on marketing strategies at brainly.com/question/25640993.

#SPJ12

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You interview 913 persons and only 5 prefer Cajun food. What percentage prefer Cajun food?
pantera1 [17]
0.00547645125%

5 / 913 = 0.00547645125
4 0
3 years ago
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The payroll register of Ruggerio Co. indicates $10,500 of social security withheld and $2,625 of Medicare tax withheld on total
Anna [14]

Answer:

From the information provided

Federal rate tax of earnings = 30000 × 0.6%

= 30000 × 0.006

= 180

State rate tax of earnings = 30000 × 5.4%

= 30000 × 0.054

= 1620

Medicare taxes = 2625

Social security taxes = 10500

Total payroll tax expenses = Medicare taxes + social security taxes + state rate tax on earnings + federal rate tax on earnings

= 10500 + 2625 + 180 +1620

= $ 14925

THUS,

JOURNAL ENTRY

___Accounts_______Debit ($)____Credit ($)

Payroll Tax Expense__ 14925

Social Security Payable___________ 10,500

Medicare Payable________________2625

FUTA Payable ___________________180

SUTA Payable ___________________1620

6 0
3 years ago
Read 2 more answers
Jakarta Company is a service firm with current service revenue of $500,000 and a 40% contribution margin. Its fixed costs are $8
Lady_Fox [76]

Answer and Explanation:

The computation of the margin of safety is shown below:

As we know that

margin of safety = Actual sales - break even sales

For Jakarta, it is

= $500,000 - ($80,000 ÷ 0.40)

= $500,000 - $200,000

= $300,000

And, for maldives, it is

= $6,620,000 - ($2,151,500 ÷ 50%)

= $2,317,000

7 0
3 years ago
Which of the following is likely to shift the supply curve right?
yaroslaw [1]

Answer:

A technological improvement that reduces costs of production will shift supply to the right, so that a greater quantity will be produced at any given price. Government policies can affect the cost of production and the supply curve through taxes, regulations, and subsidies.

What are five things that will shift a supply curve to the right?

changes in non-price factors that will cause an entire supply curve to shift (increasing or decreasing market supply); these include

1) the number of sellers in a market,

2) the level of technology used in a good's production,

3) the prices of inputs used to produce a good,

4) the amount of government regulation, ...

Correct me if this is wrong, Hope this helps

#Carryonlearning

5 0
2 years ago
Colin is 40 years old and wants to retire in 27 years. His family has a history of living well into their 90s. Therefore, he est
NARA [144]

Answer:

$2.1 million

Explanation:

Colin will retire at 67 and expects to live 28 more years. Be believes that he will need approximately $112,500 (in current dollars) per year to live while he is retired. His social security benefits are $30,000 + $20,000 in a government sponsored annuity (in current dollars) per year, so that means that he needs to cover the remaining $62,500. In order to calculate this, I will assume that Colin receives his first distribution on his 67th birthday (annuity due) and each distribution is made on an annual basis and received on the subsequent birthdays until he turns 94 (28th distribution).  

The $62,500 that Jordan expects to need once he retires must be adjusted to inflation (3%). In 27 years they will equal $62,500 x (1 + 3%)²⁷ = $138,830.56

Using an excel spreadsheet, I calculated the present value of Colin's 28 distributions using an 8% discount rate = $2,064,637.04 , which we can round up to $2.1 million

Colin currently has $200,000 in his retirement account and in 27 years (age 67), his account will be worth $200,000 x (1 + 8%)²⁷ = $1,597,612.29

this means that Colin will be $2,064,637.04 - $1,597,612.29  = $467,024.75 short

using the future value of an annuity formula, we can calculate the annual contribution:

annual contribution = future value / annuity factor

  • future value = $467,024.75
  • FV annuity factor, 8%, 27 periods = 87.35077

annual contribution = $467,024.75 / 87.35077 = $5,346.54

3 0
3 years ago
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