Answer:
C. identifying and evaluating opportunities
Explanation:
Following the situation review, the third step in the marketing planning stage includes finding prospects through STP. According to specialists, opportunity evaluation is intended to determine opportunities in the future and to recognize rich assets that the businessman can handle and use.
<span> he realizes that his risk for developing Retinopathy has also increased
Retinopathy is a medical condition which cause damage to one's retina and affect his/her sensitivity to light.
For a diabetic, a chance to develop this condition is higher because diabetes could contribute in adding the damage to the Blood vessels near the retina.</span>
Answer:
$2,685
Explanation:
Calculation to determine the machine's net present value
NET PRESENT VALUE
Year Cash flow*Discount factor at 8% =Discounted Cash flows
0 $ -40,000*1= $-40,000
1 $ 12,000*0.9259= $11,111
2 $12,000*0.8573=$10,289
3 $ 12,000* 0.7938=$9,526
4 $16,000*0.7350=$11,760
NET PRESENT VALUE $2,685
($-40,000+$11,111+$10,289+$9,526+$11,760)
Therefore the machine's net present value is $2,685
Answer:
Market testing
Explanation:
Market testing is the phase in a product development where the market is tested for how well the potential new product will be accepted before it is finally produced in a large volume.
The prototype version of this product can be used for this purpose alongside a potentially suitable advertisement method .
The response of the market to this practice suggest the next line action for the producer , whether to go on with the production or make some improvement or totally abort the production plan