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2 years ago

Which marketing mix element deals specifically with retailing and marketing channel management?

Business

1 answer:

Alex73 [517]2 years ago

3 0

Answer:

Place.

Explanation:

Place is the part of the marketing mix that is concerned with the channel that is used to deliver goods and services to the customer.

Place determines where marketing happens, what channels the customer then uses to access to product.

For example if a company uses social media to market it's goods, the advertisement directs the customer to the next step which can be to buy directly online, make a call, or visit a physical location.

Then from there the process continues till final purchase.

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Compute the Cost of Goods Sold for 2016 using the following information:Direct Materials, Jan. 1, 2016 $40,000Work-in-Process, D

guapka [62]

Answer:

Cost of Goods Sold = $234,000

Option B is correct ($234,000)

Explanation:

First we will calculate total direct material used in production:

Total Direct material=Starting Direct Material+ Purchases of Direct Material+ Ending Direct material

Total Direct material=$40,000+$75,000-$43,000

Total Direct material=$72,000

Calculating Cost of goods Manufactured:

Cost of goods Manufactured=Total Direct material+Direct labor+ Manufacturing Overhead+Beginning WIP inventory-Ending WIP inventory

Cost of goods Manufactured=$72,000+$48,500+$72,500+$87,000-$69,000

Cost of goods Manufactured=$211,000

Cost of Goods Sold = Cost of goods Manufactured+ Starting Finished Goods-Ending Finished Goods

Cost of Goods Sold = $211,000+$128,000-$105,000

Cost of Goods Sold = $234,000

Option B is correct ($234,000)

6 0

3 years ago

What are negative effects of importing goods

kotykmax [81]

There are several negative effects..It is usually more expensive, it will also reduce GDP .ect

5 0

3 years ago

Read 2 more answers

Damian works at ulta. A customer approaches him and mentions they saw an advertisement for a new eyeshadow palette that just cam

Marina CMI [18]

Damian is a sales person at Ulta store. He guides his customer about the eyeshodow palette and help make him decision.

This is an example of Personal Selling.

<h3>Personal Selling:</h3>

It is a technique in which a store has various salesperson who guides their customers by using their interpersonal skills. It is a face to face selling technique.

In this scenario Damian helps his customer to make a buy decision about an eye shadow palette. He guides his customer and tries to satisfy him with his marketing skills.

The correct answer is Personal Selling

Learn more Business at brainly.com/question/984979

6 0

2 years ago

A candle manufacturer produces 4,000 units when the market price is $11 per unit and produces 6,000 units when the market price

mario62 [17]

Answer:

The option (b) 2.4 is correct.

Explanation:

We can find price elasticity of demand by using the formula shown in the attachment attached with.

Since we know the quantities of product associated with the market price of the product, by putting values in the equation we have:

Price elasticity of Demand =

= [(6000 - 4000) / (6000 + 4000)/2] / [(13 - 11) / (13+11)/2]

Price elasticity of Demand = 2.4

So this is how we can find the price elasticity of supply which says that the producers will respond to prices drop by producing lower quantity of product.

5 0

3 years ago

Company's comparative balance sheet E(Click the icon to view the comparative balance sheet.) t January 31, 2019, and 2018, repor

frozen [14]

Answer:

Bosley Company

Calculation of Net Income or Net Loss during the year ended January 31, 2019, under three independent situations:

Situation 1. Bosley issued $5 million of stock and declared no dividends.

Net Loss = stockholders' equity, January 31, 2018 plus new issue of stock less stockholders' equity, January 31, 2019

= $51 + 5 - 31 = $25 million

Situation 2. Bosley issued no stock but declared dividends of $8 million.

Net loss = stockholders' equity, January 31, 2018 less (dividends + stockholders' equity, January 31, 2019)

= $51 - (8 + 31) = $12 million

Situation 3. Bosley issued $10 million of stock and declared dividends of $50 million :

Net income = (stockholders' equity, January 31, 2019 plus dividends) minus (stockholders' equity, January 31, 2018 plus Issuance of stock)

= ($31 + 50) - ($51 + 10) = $20 million

Explanation:

a) Data and Calculations:

2018 2019

Total assets 74 48

Total liabilities 23 17

Total stockholders' equity 51 31

Stockholders' equity according to the accounting equation = Assets minus Liabilities for each year.

b) Situation 1. Bosley issued $5 million of stock and declared no dividends.

($' million)

Total stockholders' equity, January 31, 2018 51

Add: Issuance of stock 5

Net income 0

Less: Dividends declared 0

Net loss (25 )

Total stockholders' equity, January 31, 2019 31

Net Loss = stockholders' equity, January 31, 2018 plus new issue of stock less stockholders' equity, January 31, 2019

= $51 + 5 - 31 = $25 million

c) Situation 2. Bosley issued no stock but declared dividends of $8 million.

($' million)

Total stockholders' equity, January 31, 2018 51

Add: Issuance of stock 0

Net income 0

Less: Dividends declared (8 )

Net loss (12 )

Total stockholders' equity, January 31, 2019 31

Net loss = stockholders' equity, January 31, 2018 less (dividends + stockholders' equity, January 31, 2019)

= $51 - (8 + 31) = $12 million

d) Situation 3. Bosley issued $10 million of stock and declared dividends of $50 million

($' million)

Total stockholders' equity, January 31, 2018 51

Add: Issuance of stock 10

Net income 20

Less: Dividends declared (50 )

Net loss 0

Total stockholders' equity, January 31, 2019 31

Net income = (stockholders' equity, January 31, 2019 plus dividends) minus (stockholders' equity, January 31, 2018 plus Issuance of stock)

= ($31 + 50) - ($51 + 10) = $20 million

4 0

2 years ago