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3 years ago

The more precisely defined the target market is, the _____ the numbers are to estimate.

Business

2 answers:

Elodia [21]3 years ago

5 0

The option D is correct.

The more precisely defined the target market is, the easier the numbers are to estimate.

Further Explanation:

The target market refers to a type of market in which the company targets a particular number of customers. For example, the company produced jeans for only males and for only a particular geographical area person who belongs to posh society. This is an example of a target market. The company should define the target market in a precise manner. So that the easier the numbers are to estimate. The company can easily estimate the number of products needed and all other estimation.

Justification for the correct and incorrect answer:

Longer: This option is incorrect.

If the target market is defined comprehensively, then the number of an estimate is longer. In this case, the target market is defined precisely. This option is incorrect.

Shorter: This option is incorrect.

This is also not the correct option. The number of the estimate cannot be shorter; it depends on the number of units produced.

Harder: This option is incorrect.

If the target market is defined comprehensively, then the number of an estimate is harder. But in this case, the target market is defined precisely.This option is not correct.

Easier:This option is correct.

If the target market is defined precisely, then the number of an estimate is easier. This option is correct.

Learn more:

1. Learn more about CRM system

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2. Learn more about market intermediary

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3. Learn more about a competitive market

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Answer details:

Grade: Middle School

Subject: Marketing Management

Chapter: Target Market

Keywords:precisely defined, target market, the easier, numbers are, estimate, longer, targets, particular number, of persons, belongs, to posh, society.

bija089 [108]3 years ago

4 0

The answer is a I believe I'm not really sure

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Answer:

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Explanation:

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3 years ago

Accessory Industries has 2 million shares of common stock outstanding, 1 million shares of preferred stock outstanding, and 100

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Answer:

Equity is 0.29

Debt is 0.64

Preferred stock 0.07

Explanation:

WACC=Ke*E/V+Kd*D/V*(1-t)*Kp*P/V

However, the requirements of the question is weights of the bonds,equity and preferred stock which are E/V,D/V and P/V respectively

E is the value of equity=2,000,000*$22=$44,000,000

D is the value of debt =100,000*$1000*96%=$96,000,000

P is the value of prefered stock=1,000,000*$10.50=$10,500,000

Total firm's finance(V) $150,500,000

E/V=$44,000,0000/$150,500,000=0.29

D/V=$96,000,0000/$150,500,000=0.64

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3 years ago

Read 2 more answers

Suppose you deposit $1,091.00 into an account 6.00 years from today that earns 12.00%. It will be worth $1,728.00 _____ years fr

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Answer:

It will take 10.058 years from today.

Explanation:

Giving the following information:

Present value= $1,091

Future value= $1,728

Interest rate= 12%

First, we need to calculate the number of years it will take to transform the PV into the FV:

n= ln(FV/PV) / ln(1+i)

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n= 4.058 years

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3 years ago

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Answer:

Van is asking about Investment area of finance.

Explanation:

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3 years ago

If a stock with a beta of 1.4 is expected to return 18% when Treasury bills yield 6%, what is the expected return on the market

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Answer:

14.57%

Explanation:

A stock has a beta of 1.4

The expected return is 18%

The risk free rate is 6%

Therefore, the expected return on the market portfolio can be calculated as follows

18%= 6% + 1.4(market return-6%)

18%= 6% + 1.4market return - 8.4

18%= 6-8.4 + 1.4market return

18%= -2.4% + 1.4market return

18%+2.4%= 1.4market return

20.4= 1.4market return

market return= 20.4/1.4

= 14.57%

Hence the expected return on the market portfolio is 14.57%

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3 years ago