The long-range marketing plan enfolds marketing activities over a period of two to five years in the future.
<h3>Long-range marketing plan</h3>
The annual marketing plan, which is positively structured and precise, is usually created by a product manager and begins with marketing research, and completes after 48 weeks with the approval of the general manager.
The long-term marketing strategy should enclose the "big picture" that you are trying to accomplish with your marketing efforts. Your long-term marketing plan will generally be in place for six month to a year or more.
The purpose of the long-range plan is to bypass random, non-specific growth and focus the organization's skills on those areas where it excels, such as creating high-quality consumer goods.
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Answer:
Derek would be best described as a tactical leader/manager.
Explanation:
A tactical manager makes certain choices and decisions to get the job done as efficiently as possible. Such managers and leaders tend to inspire the employees to encourage them to complete the task. Influencing, negotiating, and motivating employees to succeed are the major characteristics of tactical managers. For e.g. Derek motivates and encourages his subordinates by providing them coaching and making sure that the job is being done properly.
The correct answer is a true meeting of the minds.
Genuineness, or reality, of agreement is said to be present in a contract when there is a true meeting of the minds.
What is Genuineness or reality of aggreement?
- Genuine Consent may be a total understanding between two competent parties.
- A party who illustrates that he or she did not truly consent to the terms of a contract may void the contract.
- Veritable consent may be missing due to botch, false distortion, undue impact or pressure.
- All parties must lock in within the assention openly. A contract may not be upheld on the off chance that one or more parties have made botches within the dialect.
- Moreover, a contract may be voided in case one party has committed extortion or applied undue impact over another.
- For case, you sign a contract in which you concur to offer your house to your next-door neighbor for $1. Once you marked the contract, your neighbor was undermining you. Clearly, you made the understanding beneath pressure, so the contract isn't substantial.
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Answer:
Kindly check the attached images below for the well arranged account entries
Explanation:
1
Date General Journal Debit Credit
Jul 01,2022 Equipment 25550 =15800+6800+2950
Prepaid Insurance 2750
Cash 28300
2
Date General Journal Debit Credit
Dec 31,2022 Depreciation expense 1915 =(25550-6400)/5*6/12
Accumulated Depreciation-Equipment 1915
3
Year Depreciation expense Accumulated
Depreciation Book value
2022 1915 1915 23635
2023 3830 5745 19805
2024 3830 9575 15975
2025 3830 13405 12145
2026 3830 17235 8315
2027 1915 19150 6400
Total 19150
4
Date General Journal Debit Credit
Dec 31,2022 Insurance expense 1375 =2750*6/12
Prepaid insurance 1375
