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Anna [14]
3 years ago
7

You're the Chief Marketing Officer of SalonCentric, a wholesaler of hair and beauty products sold to licensed beauticians and co

smeticians through brick-and-mortar stores across the United States. You want to increase revenue by expanding into another market category. What is your best option?
Business
1 answer:
Pani-rosa [81]3 years ago
6 0

Answer:

My best option would be to start producing hair dye which I can sell to companies that produce or manufacture hair color.

Explanation:

As a marketer, one of the ways by which you can generate revenue is by expanding your business into another market category.

While expanding a business into another market category it is very important to make sure the following are available.

a. There must be enough money to aid in the expansion of the business.

b. Your business has a consistent flow of customers that are loyal to your brand.

In the question above, a Chief Marketing Officer that sells hair and beauty products wants to expand her business. Her best option would be to start producing hair dye because she sells hair products already to licensed beauticians therefore

a. She has a steady flow of customers already.

b. Hair dye is an hair product as well therefore it would be quite easy to market and sell her product very well.

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The bank statement contained two bank memoranda:1. A credit of $2,242.00 for the collection for Bogalusa Company of an electroni
serious [3.7K]

Answer:

Cash                         2,157 debit

bank service expense 85 debit

   account receivables 2,242 credit

Explanation:

To record the bank memorand:

The collection in behalf of the firm will increase cash

The new print the checks will be considered either miscellaneuos expense or bank service expense either way, will decrease cash.

Net cash variation: 2,242 - 85 = 2,157

For the Company errors another entry will be made looking for errors between our numebrs and the bank.

5 0
3 years ago
When senior managers of a construction firm gather information to evaluate whether supply trends will have a significant effect
serg [7]

Answer:

The correct answer is letter "A": True.

Explanation:

Managers are in constant search of maximizing profits and minimizing costs. While talking about larger entities where suppliers take a key role for the business, high-rank executives look for different entities from where their supplies can be obtained without affecting the quality of their output but minimizing the expenses of the firm. These activities are considered inherent for the business.

6 0
3 years ago
a company announces that it is buying back 10% of its common shares in the open market. the company currently pays no dividends
Marina CMI [18]

P/E choice decrease

When companies buy rear their own stock, it decreases the numbers of claims outstanding. Earnings per share are computed as net income divided by number of shares great. If the number of shares outstanding declines while net revenue stays the same, EPS will increase. If EPS increases while the stock price stays the identical, the price/earnings ratio (P/E) will fall.

<h3>What are stock earnings?</h3>

Earnings refer to a company's earnings in a given quarter or fiscal year. Earnings are a key figure used to select a stock's value. A company's profits are used in many standard ratios. Payments have a big influence on stock price, and as a consequence, the numbers are subject to potential manipulation.

To learn more about Earning, refer

brainly.com/question/26215194

#SPJ4

7 0
1 year ago
Which of the following statements about marketing is TRUE? A) It is of little importance when products are standardized. B) It c
Naddik [55]

Answer:

B) It can help create jobs in the economy by increasing demand for goods and services

Explanation:

E) UNICEF and other nonprofit organizatin do marketing do raise funds

D) on internet there are tons of marketing campaing of different company's and styles.

C) if it build loyal customers, it is building a brand name which is an intangible assets

A) no company would spend on activities with no importance.

B) The marketing aims to increase the knowledge of the firm and sales or fund rasing, his will create jobs and therefore, helping the economy.

5 0
3 years ago
A business organized as a separate legal entity from its owners is a: Proprietor Partnership Government unit Corporation
Evgen [1.6K]

Answer:

Corporation.

Explanation:

A business organized as a separate legal entity from its owners is a corporation.

A limited liability company (LLC) can be a corporation and basically it refers to a private company in which the owners are legally responsible for the company's debts but only to the amount of capital he or she has invested. The LLC can be referred to as a hybrid business entity that combines the limited liability-shield of a corporation with the pass-through taxation of a sole-proprietorship or partnership business.

In the United States of America, the owner of a LLC is not legally liable for the company's liability or debts.

Additionally, it is very important that in the decision-making process, an organization consults a variety of its key or essential staffs such as managers, directors, stakeholders and executives. Furthermore, when the decision making process has been completed and a position taken, it is necessary that the organization communicates in clear and concise terms the details or parameters which influenced the choice to its audience such as investors, customers, employees etc.

3 0
2 years ago
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