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Nataly_w [17]
3 years ago
14

Why is it important to conduct market research on your target audience before building your marketing plan?

Business
1 answer:
Tcecarenko [31]3 years ago
3 0
Conducting market research on your target audience before building a marketing plan allows you to understand your customers/clients and their needs. By completing a marketing plan that includes demographical research as well as spending and purchasing goals and plans, you can understand how to adjust each of the 4 Ps (Price, Place, Promotion, and Product) to create value for your customers and differentiate your product in the marketplace. 
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A bond with a $1,000 face value and a 10 percent annual coupon rate matures in 15 years. a. Determine the value of the bond to a
Licemer1 [7]

Based on the details given, the following are true:

  • a. Value of bond = $806.09
  • b. Your friend should invest in the bond with $1,000 face value

<h3>Value of Bonds </h3>

First find coupon:

= 10% x 1,000

= $100

Bond A

<em>= (Coupon x Present value interest factor of annuity, 13%, 15 years) + Face value of bond / ( 1 + 13%)¹⁵</em>

= ( 100 x 6.462) + (1,000 / 1.13¹⁵)

= $806.09

Bond B

= Face value - Current value

= 1,000 - 180

= $820

In conclusion, Bond B is overvalued so your friend should pick Bond A.

Find out more on Bond price calculation at brainly.com/question/25365327.

8 0
2 years ago
Norton Manufacturing expects to produce 2,900 units in January and 3,600 units in February. Norton budgets $20 per unit for dire
storchak [24]

Answer:

Purchases= $26,550

Explanation:

Giving the following information:

Production:

January= 2,900 units

February= 3,600 units

Norton budgets $20 per unit for direct materials.

Beginning inventory raw materials= $38,650.

Desired ending inventory direct materials= 10% of the next month's direct materials needed for production.

To calculate the purchases of direct material, we need to use the following formula:

Purchases= production + desired ending inventory - beginning inventory

Purchases= 2,900*20 + (3,600*0.1)*20 - 38,650

Purchases= $26,550

6 0
3 years ago
Kobe is part of a group of managers at Earthbound Engineering examining whether the company should offer some significant new se
melomori [17]

Answer:

C. strategic planning

Explanation:

Strategic planning involves the way or process an organization adopts in determining its strategy, direction and making decisions on how to allocate resources better and implement strategy. It is also the technique which guides and controls the implementation of strategy.

Tools used for strategic planning includes.

1. Growth share matrix.

2.PEST analysis.

3.SWOT analysis.

4.Scenerio planing. etc.

7 0
3 years ago
Read 2 more answers
Provide an example of meeting etiquette as if you were attending the meeting​
weeeeeb [17]

Answer:

Example: A Job Interview

I will endeavor to get to the venue earlier than the set time. I would have prepared myself for the topic of discussion, introduce myself properly, sit appropriately when asked to and make my voice as audible as possible.

Explanation:

Meeting etiquette refers to mode of behavior and conduct when attending a meeting more specially a formal or professional one. Meeting could be a job interview, a business meeting, a sales presentation etc.

There are various codes of conduct to be observed:

<u>Be at the meeting on time:</u> Getting to the meeting venue earlier or at the time agreed is a sign of good behavior.

<u>Be prepared:</u> Familiarizing yourself ahead with the subject matter and topics of discussion.

<u>Make proper introductions:</u> The simple rule to follow is to fist introduce yourself. When introducing others, introduce individual of lesser hierarchy to higher hierarchy.  

<u>Sit appropriately:</u> Do not seat and lean on the table. Sit straight on the chair, do not keep a large gap between yourself and the table.

<u>Speak so you can be heard</u>: Its very important that you should be heard, so when necessary speak up so others can hear you.

6 0
3 years ago
What Cookery method is used for a matured poultry? <br>​
Illusion [34]

Answer: Young poultry is best for roasting, broiling, and frying. Older poultry requires braising or stewing methods. Either way, slow, even heat should be used for tender, juicy, evenly done poultry.

7 0
3 years ago
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