By trying to get customers to spend more time in the store and purchase additional products, grocerants use marketing strategic opportunities.
A marketing strategy is a long-term plan to achieve a company's goals by understanding customer needs and creating a clear and sustainable competitive advantage. This includes everything from identifying customers to deciding which channels to use to reach those customers.
You are the product, the price, the place, the promotion. The 4 Ps are often referred to as the marketing mix.
Marketing strategies are the ability of a company to effectively differentiate itself from its competitors by leveraging its strengths (current and future potential) to consistently provide customers with superior value to its competitors. It's a way to convert
Learn more about marketing strategies at
brainly.com/question/25640993
#SPJ4
question text <u>WITH </u>missing information:
After examining the various personal loan rates available to you, you find that you can borrow funds from a finance company at an APR of <em>12 percent compounded monthly</em> or from a bank at an APR of <em>13 percent compounded annually.</em> Which alternative is more attractive?
If you borrow $100 from a finance company at an APR of 9% percent compounded for year, how much do you need to payoff the loan?
Answer:
The finance company option is better as we are taking the loan we want the lower rate possible.
We need $109 to payoff the loan of $100 at 9% annualy after a whole year.
Explanation:
We solve for the effective rate of 12% compounded monthly
= 1.12682503 = 0.126825 = 12.6825%
As this rate is lower than 13% this option is better
If we take 100 dollars after a year we have to pay:
$100 x (1 + r) = 100 x (1 + 0.09) = 100 x 1.09 = $109
Answer:The activities involved in marketing are
Product and Service Selection. A manufacturer or service provider ideally listens to its customers and prospects before making product and service decisions.
Product or Service Pricing
Product Placement Activities
Incentives and Promotional Activities.
Explanation:
Answer:
December 31, 202x, adjustment to allowance for doubtful accounts
Dr Bad debt expense 48,000
Cr Allowance for doubtful accounts 48,000
Explanation:
total estimated bad debt = $600,000 x 10% = $60,000
allowance for doubtful accounts balance = $12,000
this account must be increased by $60,000 - $12,000 = $48,000
Allowance for doubtful accounts is a contra asset account that decreases the net balance of accounts receivable. In this case, the net balance of accounts receivable after the adjustment = $600,000 - $60,000 = $540,000
