Answer: Global-standardization strategy
Explanation:
Global-standardization strategy could be defined as using a model to market a product globally. It's the scenario where an organization uses the same marketing strategy of a product across various countries. The advantage of this is that it results in global brand coverage and makes reduction for cost.
Vermilion Inc. has her product produced in various countries but uses the same marketing model or strategy to sell globally, this method is known as Global-standardization strategy
Answer:
Break-even point dollars
= <u>Fixed cost</u>
Contribution margin ratio
= <u>$12,600</u>
0.73
= $17,260
Contribution per unit = Selling price - Variable cost per unit
= $45 - $12
= $33
Contribution margin ratio = <u>Contribution per unit</u>
Selling price per unit
= <u>$33</u>
$45
= 0.73
Explanation:
In this case, we need to calculate contribution per unit, which is selling price minus variable cost per unit. Then, we will determine the contribution margin ratio, which is contribution per unit divided by selling price. Finally, we will determine the break-even sales in dollars, which is fixed cost divided by contribution margin ratio.
Mobile marketing has a unique ability to empower users by connecting with them individually and continuously. This socially networked world will lead to connected users having more direct interactions with sellers.
What is marketing?
Creating interest in your company's goods or services is known as marketing. This is accomplished by market research, analysis, and comprehension of the interests of your prospective clientele. Product creation, distribution channels, sales, and advertising are all included in the definition of marketing.
What is the importance of marketing?
The benefit of marketing for your company is that it engages consumers and helps them decide whether to purchase your goods or services. Additionally, your business plan's marketing strategy contributes to the creation and maintenance of demand, relevance, reputation, competition, etc.
What is Direct digital marketing?
Delivering pertinent messaging electronically to chosen recipients is known as direct digital marketing (DDM). In the same manner that direct marketing in the real world uses the postal service, DDM uses email, websites, and mobile services.
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The correct answer for the question that is being presented above is this one: "variable interest rate." Madison has an account that pays different interest rates depending how much she has in her account. This type of interest rate is called a variable interest rate.<span>
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Answer:
The law of supply reflects the amount that producers will want to offer at each price in a series of prices.
Explanation:
The law of supply determines that the quantity offered of a good increases as its price increases, keeping the remaining variables constant. The quantity offered is directly proportional to the price.
Specifically, it determines the amount of a particular good or service that is offered by the producers taking into account its price. Usually the relationship between this quantity and the price variable will be direct or positive, unlike in the demand law.