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2 years ago

Type the correct answer in the box.

1 answer:

8 0

Targeting strategy is the strategy you following if you are concentrating on serving a particular segment of customers better.

<h3><u>Explanation:</u></h3>

Customer segmentation, targeting and position is the major things that are to be concentrated in making the products to move well in the market. segmentation refers to the grouping of customers based on certain characteristics such as demography,age,gender,etc. Customer segmentation is followed by the targeting strategy.

Targeting refers to the advertising activities and other services for only a certain segments. For example the product called kinder joy only targets on the children segment. It only identifies certain segment and focuses on it to better serve that particular segment.

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Jenny, who is married and the mother of three, is 25 years old and expects to work until 70. She earns $45,000 per year. Jenny e

jeka57 [31]

Answer:

$855,903.20

Explanation:

Real discounting rate=> i= [i'-f]/[1+f]. Where i is the real interest rate. i' is the nominal interest rate which is given as 5% and f is the rate of inflation

i = (5%-3%)/1+3%)

i = 2/1.3

i = 1.94%

Her after tax earnings = 45,000*(1-0.15) = $38,250

Personal consumption = 25% of this, 38,250*0.75 = $28,688.

We are discounting her earnings back 45 years at 1.94%. The equation will be: 28,688 * {1-(1+0.01940)^-45} / {0.01940}

= 28,688 * {1 - 0.42120322099] / 0.01940

= 28,688 * 29.83488551597938

= 855903.1956824165

= $855,903.20

So, the amount of life insurance necessary for Jenny using the Human Life Value method is $855,903.20

3 0

2 years ago

Ruiz Co. provides the following sales forecast for the next four months. Sales (units) April 560 May 640 June 590 July 680 The c

kherson [118]

Answer:

<u>Details April May June </u>

Unit to be produced 576 630 608

Explanation:

The production budget For April, May, and June can be prepared as follows:

Ruiz Co.

Production Budget

For April, May, and June

<u>Details April May June </u>

Next month's budgeted sales (A) 640 590 680

Ratio of inventory to future sales (B) 20% 20% 20%

Budgeted ending inventory (C = A * B) 128 118 136

Budgeted unit sales for month (D) 560 640 590

Req'd units of avail. production (E = C + D) 688 758 726

Budgeted beginning inventory (F) 112 128 118

Unit to be produced (G = E - F) 576 630 608

5 0

2 years ago

Which is not a determinant of demand?

barxatty [35]

B is the correct answer

Hope this helps

6 0

3 years ago

Read 2 more answers

Net interest margin—often referred to as spread—is the difference between the rate banks pay on deposits and the rate they charg

Minchanka [31]

Answer:

(a) $P(X\:>\:5.40)=0.9938$

(b) $P(X\:$

Explanation:

(a) Find the z-value that corresponds to 5.40 percent

. $Z=\frac{X-\mu}{\sigma}$

$Z=\frac{5.40-4.15}{0.5}$

$Z=\frac{1.25}{0.5}=2.5$

Hence the net interest margin of 5.40 percent is 2.5 standard deviation above the mean.

The area to the left of 2.5 from the standard normal distribution table is 0.9938.The probability that a randomly selected U.S. bank will have a net interest margin that exceeds 5.40 percent is 1-0.9938=0.0062

(b) The z-value that corresponds to 4.40 percent is $Z=\frac{4.40-4.15}{0.5}=0.5$ The net interest margin of 4.40 percent is 0.5 standard deviation above the mean.

Using the normal distribution table, the area under the curve to the left of 0.5 is 0.6915

Therefore the probability that a randomly selected U.S. bank will have a net interest margin less than 4.40 percent is 0.6915

We substitute the 1.65 into the formula and solve for X. $1.65=\frac{X-4.15}{0.5}$

$1.65\times 0.5=X-4.15$ $0.825=X-4.15$

$0.825+4.15=X$

$4.975=X$

A bank that wants its net interest margin to be less than the net interest margins of 95 percent of all U.S. banks should set its net interest margin to 4.975 percent.