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3 years ago

Target Market Selection Process:

Business

1 answer:

I am Lyosha [343]3 years ago

6 0

Answer:

The answer is Concentrated Marketing

Explanation:

Concentrated Marketing is a strategy whereby a product is developed and marketed for a very well defined and specific segment of the consumer population.

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An agent's client calls on Monday to discuss the current market situation. They discuss how 100 shares of KAPCO common stock wou

nadya68 [22]

Answer:

A) improperly; the order should have been placed on Thursday

Explanation:

An agent is someone that is contracted by a client to effectively manage his business interest and also to follow client instruction on time in order to make profit for the client.

In the given scenario the agent received instructions to place an order for the KAPCO stock at whatever price the agent feels is best.

Since they had initially discussed the suitability of the KAPCO stock before now, the agent should have placed the order immediately.

However his delay till Friday resulted in a loss of $2 per share below Thursday's low.

The agent acted improperly.

4 0

3 years ago

What is the purpose of APY?

Flauer [41]

Hello.

The answer is

<span>D. for investors to calculate the periodic interest rate.

Have a nice day</span>

5 0

3 years ago

Barry, age 45, works for an advertising company, where he earns $75,000. Barry would like to retire at age 65. He earns 9% on hi

kakasveta [241]

Answer:

$1,064,440.24

Explanation

Age = 45

Retirement = 65 (Retires after 20 years)

Death = 90 (After 25 years of retirement life)

Inflation = 3%

Rate of Return = 9%

Annual Salary = $75,000

Wage replacement ratio = 80%

Retirement Income = $75,000 * 80% = $60,000

Amount required in future to match the current purchasing power

Inflation effect = $60,000 * (1 + 3%)^20

Inflation effect = $60,000 * (1.03)^20

Inflation effect = $60,000 * 1.80611123467

Inflation effect = $108366.6740802

Inflation effect = $108,366.67. ($108,366.67 is needed to Match Purchasing power of $60,000 in 20 Years)

Total amount needed at the age of 65

i = 9%, Fv = 0, Nper = 25, PMT = -$108,366.67

= PV(9%, 33, -108,366.67, 0)

= 1064440.243

= $1,064,440.24

So, Barry need to accumulated $1,064,440.24 as of the day he retires to adequately provide for his retirement lifestyle.

7 0

2 years ago

$17,200 is invested, part at 6% and the rest at 2%. If the interest earned from the amount invested at 6% exceeds the interest e

dezoksy [38]

Solution:

Let x = amount invested at 6% and

let y = amount invested at 2%.

We can set up some equations that describe x and y:

"$17,200 is invested total" means

x + y = $17,200

"The interest earned from the amount invested at 6% exceeds the interest earned from the amount invested at 2% by $441.00" means

0.06x = 0.02y + $441.00

Solve for x in the first equation to get x = 17,200 - y, then plug that into the second equation and solve for y:

0.05(17,200 - y) = 0.02y + 441.00

860 - 0.06y = 0.02y + 865.35

5.35 - 0.09y = 0.02y

154.80 = 0.11 y

1407 = y

So, $1407 was invested at 2%. Plug y = 1407 into the first equation and solve for x:

x + 1407 = 17,200

x = 15,793

So, $15,793 was invested at 6%.

4 0

3 years ago

The __________ provides the same results as a check because it withdraws funds from a checking account.

Paul [167]

Answer:

Option B: Debit card

Explanation:

Checking account is simply a type of an account which helps it users to be able to pay bills. It is an account into which an individual can deposits money and from which an individual also withdraws money by the use of check (writing checks) or using a debit card.

A debit card is a type of withdrawal card that helps an individual to withdraw cash from an ATM or to pay directly for goods or services at stores and restaurants and others. It is also defined as a plastic card used to withdraw cash from a checking account or make payments electronically without having to write a check.

6 0

2 years ago