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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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Advice Florence and her team on how they can convince the staff using john kotter's theory to lead change
shtirl [24]

John Kotter’s theory for leading can help business staffs to improve their performance especially in completing assignments and improving teamwork.  His theory centers on eight steps:

1.       Creating urgency to spur change.

2.       Forming a powerful coalition from people of diverse talents.

3.       Make a vision of change that would inspire and rally your group.

4.       Communicate that vision so that all of you understand what needs to be done.

5.       Remove obstacles that would impede your goals.

6.       Create short-term wins that would help in the short run but will contribute in the long run.

7.       Build on change while the momentum is there.

8.       Anchor that change as a model for others to follow.

4 0
3 years ago
Identify at least five different Human Services careers that you could pursue in your home state, and choose the three that appe
oee [108]

Answer:

Human services careers: Nurse, Child Life Specialists, Licensed Clinical Social Workers (LCSW), Psychologist, Counselor, Marriage and Family Therapist, and Behavioral Management Aide.

Explanation:

You could write about any of these ->

Try writing about being a nurse.

They help everyone in the hospital setting and the families of the patients.

Go through years of training to help people.

Put other people before them.

Three colleges that you can take nursing classes at are: NIU, UIC and Lewis university.

4 0
3 years ago
Read 2 more answers
Southern Wear stock has an expected return of 15.1 percent. The stock is expected to lose 8 percent in a recession and earn 18 p
kari74 [83]

Answer:

15.26%

Explanation:

Given:

Expected return = 15.1% = 0.151

Expected loss in recession = - 8% = - 0.08   [negative sign depicts loss]

Expected earning in a boom = 18% = 0.18

Probabilities of a recession = 2% = 0.02

Probabilities of a normal economy = 87% = 0.87

Probabilities of a boom = 11% = 0.11

Now,

Expected return = ∑ (Probability × Return)

or

0.151 = 0.02 × ( - 0.08) + 0.11 × 0.18 + 0.87 × Return on normal economy

or

0.151 = - 0.0016 + 0.0198 + 0.87 × Return on normal economy

or

0.151 - 0.0182  = 0.87 × Return on normal economy

or

Return on normal economy = 0.1526

or

= 0.1526 × 100%

= 15.26%

4 0
3 years ago
For the entries below, identify the account to be debited and the account to be credited. Indicate which of the accounts is the
Ksju [112]

I do not Know this answer hey hey

8 0
3 years ago
Although countries such as China and India are currently relatively poor, their economies are already large in absolute terms an
dlinn [17]

Answer:

True

Explanation:

In nominal dollars, China is currently the second largest economy in the world and India is the fifth largest. They are both considered developing nations since the GDP per capita is still low compared to other countries, China's GDP per capita = $10,100 and India's GDP per capita =  $2,170. Even though their economies are large, their populations are even larger, both countries have around 1.3 billion people living in them.

If we use the purchasing power parity (PPP) their numbers are a little better, with Chinese economy being number one in the world with $27.31 trillion compared to the US's $21.44 trillion. The US is the only country whose PPP equals its nominal GDP since the American economy is used as the base economy for PPP calculations.

Both China's and India's economic growth rates are also higher than most developed nations, 5.8% for China and 7.5% for India.

6 0
3 years ago
Read 2 more answers
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