The right answer for the question that is being asked and shown above is that: " Changes to the marketing plan are acceptable, but only in the earliest stage." Marketing plans are business activities involved in accomplishing specific marketing<span> objectives within a set time frame.</span>
The inventory turnover ratio is 13.71
The inventory turnover is a measure of the variety of instances inventory is sold or used in a time period which includes a year. it is calculated to look if a commercial enterprise has an immoderate stock in contrast to its income degree.
Inventory turnover is the charge that inventory is sold, used, and replaced. The stock turnover ratio is calculated by dividing the price of goods by way of the common inventory for the identical period. A better ratio tends to point to strong income and a lower one too vulnerable income. an awesome inventory turnover ratio is between 5 and 10 for maximum industries, which suggests that you sell and restock your inventory each 1-2 months. This ratio moves great stability among having sufficient stock reachable and no longer having to reorder too frequently.
Inventory turnover ratio
= cost of goods sold / average inventory
= $ 850,000/$62000
= 13.71
∴ The inventory turnover ratio is 13.71
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Answer:
False
Explanation:
Marketing have evolved over the years, centuries and as such, marketing activities are now completed differently. With the advent of technology and its ever increasing innovations, marketing has transcended door to door and the likes obtainable in the times of old and today we have telemarketing, Direct mail marketing, brochures, websites, press releases, trade fair participation,etc. These marketing activities has ensured that businesses are not restricted to its locale and a limited population but rather a very large and global population.
Today, some businesses have marketing as their main activity; which goes to show the changes that marketing and its activities have undergone to be able to become a stand-alone business in itself.
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Answer:
d. Generates a change in quantity demanded.
Explanation:
Because in this case only the price is changing and all other factors are held constant the demand curve will not move and any movement that will take place will be along the demand curve. If the price increases the quantity demanded will decrease and if the price decreases the quantity demanded will increase, the reason for this is that the demand curve is downward sloping, therefore a price change will only change the quantity demanded.