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3 years ago

Why is it important to conduct market research on your target audience before building your marketing plan?

1 answer:

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If you target who you are after and you will know how to reach them easier. You'll also be more focused plus more effective in your marketing strategies and be able to get a greater return on marketing investments.

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In 2016, the Neverland had a population of 8,200 and real GDP of 210,500. Neverland had 5% growth in real GDP per person. In 201

igomit [66]

Answer:

c.226,416

Explanation:

Calculation for what was real GDP in the Neverland in 2019

First step is to calculate real GDP per capital

Real GDP per capital=210,500/8,200

Real GDP per capital=25.6707

Second Step is to calculate Real GDP per person

Real GDP per person=(1+0.05)*25.6707

Real GDP per person=1.05*25.6707

Real GDP per person=26.954235

Last step is to calculate the real GDP in the Neverland in 2019

Using this formula

Real GDP in the Neverland in 2019=Real GDP per person* Population

Let plug in the formula

Real GDP in the Neverland in 2019=26.954235*8,400

Real GDP in the Neverland in 2019=226,416

Therefore the real GDP in the Neverland in 2019 will be 226,416

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3 years ago

Read 2 more answers

What is a silence pad?

Verdich [7]

<span>B. A felt layer underneath the tablecloth i hope this help you</span>

7 0

3 years ago

Read 2 more answers

Seattle, home to Theo Chocolate, experiences around 155 days of rain per year. CEO of Theo, Joe Whinney, recently purchased a um

Paha777 [63]

An example of unrelated diversification is when Joe purchased the umbrella company to produce umbrellas in various colors and sizes because of the rain.

<h3>What is an unrelated diversification?</h3>

This means the situation whereby a firm enters an industry that lacks any important similarities with the firm's existing industry or industries.

Therefore, Joe purchasing the umbrella company to produce umbrellas in various colors and sizes is an example of unrelated diversification.

Read more about unrelated diversification

<em>brainly.com/question/24701406</em>

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2 years ago

Jervis accepts all major bank credit cards, including those issued by Northern Bank (NB), which assesses a 4.5% charge on sales

lukranit [14]

Answer:

The journal entry to be recorded by Jervis on June 28 is shown below:

Explanation:

The journal entry to be recorded by Jervis on June 28 is as:

On June 28

Cash A/c......................................Dr $5,539

Credit Card expense A/c........Dr $ 261

Sales A/c............................Cr $5,800

Being record the deposit of amount on Sales by Jervis

As the amount is deposited on sale which means cash is coming into the bank, and any increase in cash is debited. So, the cash account is debited. And on the amount expense is charges, the charge is also debited. Therefore, the credit card expense is debited. And the sales is made, so, the sales account is credited.

Working Note:

Credit card expense = Sales amount × Charge

= $5,800 × 4.5%

= $261

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3 years ago

A chocolate manufacturer advertises heavily during Christmas with an ad that shows only a picture of red, green, and silver wrap

nikdorinn [45]

Answer: Reminder

Explanation:

The reminder advertising is one of the type of marketing advertisement strategy that is used for reminding about the various types of products and the services in the market and this strategy is also used for introducing the new features and characteristics in the existing products.

The main objective of the reminder advertisement is that it basically using the promoting or the advertising strategy for targeting the customers or users about the goods and the services ion the market.

According to the given scenario, a chocolate manufacturer is basically using the reminder advertising during the Christmas. Therefore, reminder advertising is the correct answer.

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3 years ago