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Hunter-Best [27]
3 years ago
5

Alexander has found that both commercial and residential real estate buyers respond positively to his marketing communication me

ssage. Alexander has identified ________ that respond similarly to his marketing efforts.
Business
1 answer:
ioda3 years ago
5 0

Answer:

Market segment

Explanation:

Consumers that share similar interest are grouped together to form a market segment. This is a marketing strategy to direct marketing communication to such groups expecting similar response from them.

This way the organization will be able to identify target customers and ensuring that marketing activities are successful.

Here, Alexander has identified market segment in commercial and real estate buyers as their response are similar to the marketing communication.

You might be interested in
Last month Peggy Company had a $42,028 profit on sales of $331,200. Fixed costs are $83,828 a month. What sales revenue is neede
valina [46]

Answer:

Break-even Sales revenue =$220,600

Explanation:

<em>B</em><em>reakeven point is the level of activity that equates the total cost to the total revenue.</em>

<em>At the break-even point the business makes no profit and no loss</em>.

Break-even point = Total fixed cost for the period / Contribution margin ratio

<em>Contribution margin = total contribution/ total sales</em>

<em>Contribution = Fixed cost + profit</em>

Contribution = $42,028 + $83,828

                     =  $125,856.00

<em>Contribution to sales ratio</em>

= (125,856.00 /331, 200) × 100

= 38%

Break-even sales revenue = $83,828/0.38

                        =$220,600

3 0
4 years ago
Read 2 more answers
Goals of the Firm. Fill in the blanks in the following passage by choosing the most appropriate term from the following list (so
Trava [24]

Answer:

Market value; real assets; shareholders; dividend; financial assets; real assets; expected return; higher; opportunity cost of capital.

Explanation:

Shareholders want managers to maximize the market value of their investments. The firm faces a trade-off. Either it can invest its cash in real assets or it can give the cash back to shareholders in the form of a dividend and they can invest it in financial assets. Shareholders want the company to invest in real assets only if the expected return is higher than they could earn for themselves. The return that shareholders could earn for themselves is therefore the opportunity cost of capital for the firm.

A shareholder can be defined as an individual or organization who has a stock in a particular company through the purchase of such stocks.

Generally, all shareholders are interested in making profits and increasing the market value of their investments.

3 0
3 years ago
Durango Co. desires to maintain an ending inventory equal to 10% of next month's cost of budgeted sales. Assume that Durango Co.
lakkis [162]

Answer:

Required purchase for October = $110,000

Explanation:

Given:

Ending inventory = 10% of next month's budgeted sales

Budgeted sales for October = $100,000

Budgeted sales for November = $200,000

Purchase for the month of October  = ?

Calculation of Required purchase for the month of October :

Particular                                                                      Amount

Budgeted sales of October                                        $100,000

<u>Add</u><u>: Desired ending inventory($200,000 x 10%)      $20,000 </u>

<u>Total Inventory needed                                         $120,000 </u>

<u>Less</u><u>: Beginning inventory($100,000 x 10%)        $10,000</u>    

<u>Required purchase for October                                 $110,000 </u>

<u></u>

8 0
3 years ago
To have long-term economic growth, the production function suggests:
valentinak56 [21]

Answer:

Option (C) is correct.

Explanation:

We know that gross domestic product (GDP) of a nation plays a very important role in the long run economic growth. Long run economic growth will be directly impacted by the nation's GDP.

GDP of a nation increases with increase in the production of goods and services. If there is a availability of advanced technology, more capital and large number of labor then this will lead increase the productivity of employees and directly contributes towards the production of a nation.

Hence, the GDP of a nation increases, as a result long term economic growth will also increases.

4 0
4 years ago
Bothell Construction, LLC, Ballard Remodel, Inc., and Tim's House Painting Company agreed that on three upcoming projects, Balla
Arlecino [84]

Answer:

violates ethical, but not legal, standards.

Explanation:

Sherman act was created to prohibit restrains on trade of any collusion by different parties to form a monopoly or control price.

The act does not however prohibit all restraints of trade, bit rather those that are very unreasonable and harmful to competition.

In the given scenario the three companies only agreed to bid lowest for the 3 project under consideration.

Their action does not give them unfair advantage over other firms and may even lead to a loss on their part.

They do not have a strategy that will guarantee an edge over other firms.

So this is an ethical violation but not a legal one.

8 0
3 years ago
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