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Leviafan [203]
3 years ago
7

In order to build profitable relationship with customers, it is important to decide whom it will serve. It does this by ________

_ and ____________ a. MARKET SEGMENTATION, POSITIONING b. TARGET MARKETING, CUSTOMIZATION c. POSITIONING, DIFFERENTIATION d. MARKET SEGMENTATION, TARGET MARKETING
Business
1 answer:
givi [52]3 years ago
4 0

Answer:

MARKET SEGMENTATION, TARGET MARKETING

Explanation:

In marketing defining the customer that a product will serve is a very important step in making a profitable venture. If a product is promoted to a wrong customer, chances are they will not buy.

Two methods of determining who a product will serve are market segmentation and target marketing.

Market segmentation is the process by which a set of customers are divided into groups on the basis of some shared characteristics. For example education, income level, and demography.

Target marketing is a subset of the total market for a good or service. It is a group of people that have been identified and targeted for promotional efforts.

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$2,095.30 interest will she pay by the time the loan is repaid

Solution:

The $5,500 guaranteed Stafford loan is taken from Gertrude.

The loan has a monthly compounding interest rate of 6.8 percent.

Price current= $5,500.

Present Value = $5,500

Time period = 10 years

So , N = 10 x 12 = 120 months.

Interest rate, R = 6.8/1200 = 0.005666667

PV = Pmt * [1 - (1+R)^(-N)]/(R)

5500 = Pmt * [1 - (1+0.005666667)^(-120)]/(0.005666667)

Pmt = $63.29418157

She got full refund. = 63.29418157 x 120 = $7,595.30

Interest paid = Total repayment - Loan Principal

                      = $7,595.30 - $5,500

                      = $2,095.30

7 0
3 years ago
Where is the most common workplace for people in the finance cluster?
Reika [66]
I would assume inside of an office building with cubicles.
8 0
2 years ago
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Natasha_Volkova [10]

The Company's preliminary Net Income can be determined as $575.

Preliminary net income = Total Revenue - Total Expenses

= $575 ($4,230 - $3,655)

Revenue:

d. Sales Revenue      $680

f. Service Revenue $2,870

i. Service Revenue    $680

Total Revenue      $4,230

Expenses:

a. Wages Expense       $1,700

e. Utilities Expense     $1,360

h. Travel Expense           $115

k. Advertising Expense $480

Total Expenses         $3,655

Thus, the company generated a preliminary net income of $575 for the period.

Learn more about determining net income at brainly.com/question/19850768

6 0
2 years ago
Lin Wai's company, New Home Builders Corp., specializes in designing homes that have wide hallways and walk-in showers that coul
love history [14]

Answer:

strengths

Explanation:

A SWOT analysis includes strengths, weaknesses, opportunities and threats:

  • strengths: analyses what does your company do well and distinguish it from the competition.
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