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1 year ago

The first marketing law suggests that to be successful in the market, marketers need to?

1 answer:

3 0

The first marketing law suggests that in order to be successful in the market, the marketers need to understand the customer's demand and identify the brand positioning of the product in the market. Therefore, the option C holds true.

<h3>What is the significance of marketing laws?</h3>

Marketing laws are the ones that are universally accepted principles followed by marketers in order to get successful position in the market. The first and foremost law tells about how one should position the brand in a market over the demand of customers.

Therefore, the option C holds true and states regarding the significance of marketing laws.

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The incomplete question has been completed below for better reference.

A. Understand customer's demands

B. Identify brand positioning

C. Both A and B

D. None of these

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The Work in Process Inventory account of a manufacturing company has a $3,200 debit balance. The company applies overhead using

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The amount of applied overhead is $1,000.

<h3>What is inventory?</h3>

The products and materials that a company keeps on hand with the intention of reselling, producing, or using them are referred to as inventory or stock.
The main focus of inventory management is determining the location and shape of stocked commodities.

<h3>What is material cost?</h3>

The price of direct materials is directly related to the unit of production and is immediately identifiable.
For instance, the price of glass is a direct material expense in the production of light bulbs.
The primary component needed for the production of commodities or products was material.

<h3>Solution -</h3>

To find the amount applied overhead:

3200 - ( 1400 + 800 ) = 3200 - 2200

= $1,000

Therefore, the amount of applied overhead is $1,000.

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A trader wants to gain a profit by expecting a significant move in either direction of the underlying stock. Which strategy best

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The best strategy for this trader, who wants to profit from either direction of the underlying stock, is <em>A. Long Put and C. Short Call.</em>

In securities trading, a call option gives the trader the <em>right to purchase </em>underlying security <em>without any obligation</em>. On the other hand, a put option grants the trader the <em>right to sell</em> the underlying security <em>without any obligation</em>.

Thus, the trader will profit by using options A and C.

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