An industry comprised of four firms, each with about 25 percent of the total market for a product is an example of:

How do the elements of the marketing mix work together to help create a<br>marketing strategy?

alex41 [277]

Answer:

The marketing mix refers to the actions a company takes to market its product(s) and/or service(s). Typically, it acts as a framework for breaking down the four key components of marketing — product, price, place, and promotion.

Explanation:

4 0

3 years ago

Recommendations for a successful pitch include all of these except:

Inga [223]

The answer is letter a, it is because when doing a successful pitch or in order to achieve one, a person is not even required to stand behind a podium as it does not necessarily need or refer to a specific place to stand on when delivering a pitch but it is more important to show the product or service to attract the consumers.

8 0

3 years ago

Jack corp. Has a profit margin of 5.1 percent, total asset turnover of 2.3, and roe of 19.64 percent. What is this firm's debt-e

anygoal [31]

Answer: Jack Corp's D/E ratio is 0.67.

We follow these steps to arrive at the answer:

We begin with the DuPont Identity for Return on Equity (RoE)

$RoE = Net Profit Margin * Asset turnover Ratio * Equity Multiplier$

Substituting the values from the question in the DuPont identity we get,

$0.1964 = 0.051 * 2.3 * Equity Multiplier$

$Equity Multiplier = \frac{0.1964}{0.051*2.3}$

$Equity Multiplier = 1.674339301
$

$Equity Multiplier = \frac{Total Assets }{Equity}$

So,

$\frac{1}{Equity multiplier} =\frac{Equity}{Total Assets}$

Substituting the value of equity multiplier in the formula above we get,

$\frac{Equity}{Total Assets} = 0.597250509$

Now,

$\frac{Equity}{Total Assets} + \frac{Debt}{Total Assets} =1$

So,

$\frac{Debt }{Total Assets} = 1 - \frac{Equity}{Total Assets}$

$\frac{Debt }{Total Assets} = 1 - 0.597250509
$

$\frac{Debt }{Total Assets} = 0.402749491
$

Now that we have the proportions of debt and equity to total assets, we can find the Debt Equity (D/E) ratio as follows:

$\frac{D}{E} = \frac{\frac{Debt}{Total Assets}}{\frac{Equity}{Total Assets}}$

Substituting the values we get,

$\frac{D}{E} = \frac{0.402749491
}{0.597250509
}$

$\frac{D}{E} = 0.674339301
$

3 0

3 years ago

The New American Enterprise Mutual Fund's portfolio is valued at $120,000,000. The fund has liabilities of $4,000,000, and the i

sasho [114]

Answer:

e. $20

Explanation:

The net asset value (N) for The New American Enterprise Mutual Fund's portfolio is given by the funds total value ($120,000,000) subtracted by its liabilities ($4,000,000) and then divided by the number of shares issued (5,800,000) .

$N = \frac{\$120,000,000-\$4,000,000}{5,800,000} \\N=\$20$

The fund's net asset value is $20

3 0

3 years ago

Match the academic requirements with the careers :

Vedmedyk [2.9K]

Answer:

a. Equal opportunity officer-Bachelors degree

b. Court reporter- Tech program

c. Security officer-High school diploma

Explanation:

a. Equal opportunity officer

An equal opportunity officer have the responsibility of formulating and ensuring policies that are not discriminatory and are in line with the best practice at the workplace. As the name suggests, they basically use policies that offer equal opportunity to all individuals without discrimination based on age, sex, religion and race. The following are typical duties and responsibilities of an equal opportunity officer;

1. They support and maintain legislation against workplace discrimination.

2. Offer advice to staff regarding equal opportunity practice at the workplace.

3. They work with other organizations that are also involved in equal opportunities.

4. They make sure that when there is a promotional opportunity, it is handled fairly.

5. Training courses regarding equal opportunities are designed and led by equal opportunity officers.

The minimum academic qualifications for becoming and equal opportunity officer is a Bachelors degree.

b. Court reporter

Court reporters are charged with the responsibility of transcribing oral information during a court session. They are also known as stenographers or steno-type operators. Some court reporters also offer real-time video-captioning for television proceedings. The y have the following duties;

1. Upon the judge's request, the court reporter can play back a portion or all of the proceedings.

2. Make written transcripts during court events

3. They can also request speakers to repeat inaudible speech or statements

4. Once the transcripts are written they also review them for typing errors.

Court reporting is a hands on career that needs a lot of training in typing and listening. The academic qualifications usually considered here is a Tech program where aspiring candidates are trained on how to be an effective court reporter.

c. Security officer

A security officer are trained officers whose main duty is in the protection of lives and property. They do this through strategies such as patrolling, monitoring and reporting. Security officers have to be vigilant and of high sense of integrity. Security officers have the following duties and responsibilities;

1. Monitoring to ensure that everything and everyone is safe.

2. Sounding alarms to alert others.

3. Reporting to higher authorities to prevent damages and losses.

4. Ensures security in building premises by patrolling the premises.

A security officer is an entry-level career that mostly requires a high school diploma.

4 0

3 years ago