The answer is option 4 more and increased.
Explanation:
Decisions today are becoming more complex, due to increased uncertainty in the decision environment.
Decision making is planning, organizing, directing and controlling the functions of a manager at achieving organizational goals.
It provides more information and alternatives, improves the quality of decisions and helps in strengthening the organization.
In the decision phase of the decision making process the managers construct a model that reduces the problem. The decision rights identify and define the framework for how they will be made through operating process and support tools.
I am 80% sure that the answer is c. (:
Answer:
The correct option is D: $8.60
Explanation:
Average fixed cost of Pretty Flowers = $5.40
Average variable costs of Pretty Flowers = $3.20
We are asked to calculate the Average total cost of Pretty Flowers at this current level
Hence:
Average total cost Pretty Flowers = Average fixed cost of Pretty Flowers + Average variable costs of Pretty Flowers
If we substitute the value of these variables in the equation, we get:
Average total cost Pretty Flowers = $5.40 + $3.20 = $8.60
The given statement " When determining its marketing mix for a new product, a company decides to price the item in the discount category, with low-cost packaging. The company would most likely choose a minimal promotions strategy with few, if any, broad communications " is TRUE.
Explanation:
The marketing mix relates to the series of measures or strategies used by a corporation to sell a commodity or product on the marketplace.
The 4Ps represent a traditional marketing blend, including price ,product ,promotion and place.
- Define the firm's Single Sales Proposal (USP).
- Describe the brand target audience.
- Define in depth the element.
- Develop a product pricing plan.
- Recognise the market location of the product. Specify the advertising techniques you are using for the product.