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.
Example of a producer can be regarded as someone owning a book store .
<h3>Who is a producer?</h3>
A producer can be regarded as a manufacturer of a particular product or service.
Therefore, in the case above, a producer serves as the one that own the shop, however he can decide to distribute his products to retailer.
Learn more about producer at;
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Answer:
Explanation:
Issue: Will the court rule in support of Daniel’s argument that Nintendo breached the warranty based on reasonable expectation on the performance of an expensive system and statements made while selling the gaming system?
Rule: There is a creation of express warranty when a seller makes a description of the statement quality, condition or performance of goods sold. This warranty is created by the statement of facts and if the seller uses words to designate the value of the supposed goods, it will only be considered as an opinion that does not create any express warranty.
The customer’s reasonable expectation of the existence of the gaming system based on the price leads to implied warranty. The goods sold should be logically fit for the general purpose for which it is sold. It should be of proper quality to satisfy the implied warranty of merchantability and the goods should fit the particular purpose for which the buyer will use the goods to satisfy the implied warranty of fitness for a particular purpose.
Analysis: Here, the argument of Daniel that Nintendo’s description of the gaming system as “most reliable”, and “durable” asserted that the quality and performance of the gaming system will not stay because these words create general statements that are made as part of sale or seller’s opinion about the goods. These words would be considered as puffery and do not create any express warranty. The higher price of the gaming system would create an implied warranty about the performance of the system, but the switch failed only after the warranty period. When the seller has expressly stated the warranty period as one year, any defects that occur after the warranty period will not breach the implied warranty.
Moreover, the gaming system was reasonably fit for Daniel’s business purpose and worked well during the warranty period. Hence Daniel’s arguments will not stay in front of the court.
Conclusion: The court will not rule in favor of Daniel and Daniel will not be able to recover against Nintendo because no breach of warranty had occurred.
Answer:
c
Explanation:
not sure but I tried may best tho
Answer: Step 1) Find share of market in the Portfolio
(11.5-3.5)x+3.5=6.5
8x=3
x=3/8
x=0.375
=37.5%
SD of market portfolio= 0.375x+0=9.5
x=9.5/0.375
=25.33%
correl = cov / (std 1 * std2)
0.4=COV/0.2533*0.545
COV= 0.2533*0.545*0.4=0.05
cov of 2 assets = b1 * b2 * variance of market
0.05=B1*1*0.2533^2
B of security=0.0032
Capm Model
3.5+0.0032(11.5-3.5)=3.5256% expected return
Explanation:
Step 1) Find the share of market in the portfolio in order to find market SD
Step 2) Find Covariance betweens security and market by using both SDS and correlation
Step 3) Find Beta of Security using Co variance
Step 4) Use the Beta in CAPM model in order to find expected return
