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lubasha [3.4K]
4 years ago
14

Deborah was relatively new to her marketing position when she got into a serious discussion about customers with a colleague who

had been in the marketing area for many years. This colleague argued that he had always kept the customer in mind when thinking about the product. He also argued that although branding and packaging decisions were important to the customer, the firm knew about options and issues far better than any customer. Deborah’s more modern position was different because she looked at the product decisions from the perspective of:__________
A. the gap between the younger generation and the older generation.
B. the benefits the customer gets from the product.
C. the impact of new technologies.
D. the changes in the media consumption habits.
Business
1 answer:
sergij07 [2.7K]4 years ago
8 0

Answer:

the benefits the customer gets from the product.

Explanation:

Deborah's colleafue said he always keeps the customer in mind when thinking about a product. But the argument that the packaging and branding decisions were more known by the firm does not conform with Deborah's perspective because she is looking at the situation more from the benefits the customer will get from the product.

In this perspective all decisions regarding the product must consider how customers will benefit from the product, including branding and packaging.

For example if the packaging of a product is not appealing to customers they will not buy the product. Even when the product is useful to them.

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The oldest McDonald's restaurant<span> still open is a drive-up hamburger </span><span>in </span>Downey, California<span>. It was the second ever </span>McDonald's<span> restaurant and opened on August 18, 1953.</span>
3 0
3 years ago
Assume the government receives more tax revenue when it raises taxes on cigarettes as part of the price of cigarettes. However,
sladkih [1.3K]

Answer:

2) the demand for cigarettes was inelastic in the short run, but elastic in the long run. 

Explanation:

Elasticity of demand measures the responsiveness of quantity demanded to changes in price.

Demand is inelastic if quantity demanded shows little or no sensitivity to changes in price.

Demand is elastic if a small change in price leads to a greater change in quantity demanded.

If the government taxes cigarettes, they become more expensive. In the short run, consumers do not have enough time to search for suitable substitutes for cigarettes. As a result, they continue purchasing the cigarettes despite the increase in price. Thus, demand is inelastic.

But over time, consumers would be able to find substitutes for cigarettes, as result they would reduce their demand for cigarettes. At this point demand is elastic. As a result of the fall in demand for cigarettes, the revenue the government earns from taxing cigarettes would fall.

I hope my answer helps you

4 0
3 years ago
a large, family-owned dairy farm operating in the western part of virgina is preparing its annual tax return, and the cfo's obje
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Annual tax return is a document which states the income and expenses of a certain firm or individual and it is given to the tax department for further checking.

Depreciation expenses is the decrease in the cost of an asset that has appeared over a period of time because of its use. Any expense that is related to a certain asset is included to calculate the depreciation expense.

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7 0
1 year ago
Read 2 more answers
If household wealth falls by 5 percent because of declining house values, and the real interest rate falls by 2 percentage point
Arturiano [62]

Answer:

The given question is not complete. So, the correct and complete question is given below.

Suppose that consumer spending initially rises by $5 billion for every 1 percent rise in household wealth and that investment spending initially rises by $20 billion for every 1 percentage point fall in the real interest rate. Also assume that the economy's multiplier is 3.

a. If household wealth falls by 5 percent because of declining house values, and the real interest rate falls by 2 percentage points, in what direction and by how much will the aggregate demand curve initially shift at each price level? b. In what direction and by how much will it eventually shift?

The solution of this question is given below in the explanation section

Explanation:

a)If household wealth falls by 5 percent because of declining house values, and the real interest rate falls by 2 percentage points, in what direction and by how much will the aggregate demand curve initially shift at each price level?

<u>Solution:</u>

Household wealth falls by 5 percent, so the consumer spending will decline by $5 billion per 1%.

Therefore, we first calculate the declining in consumption of household.

Decline in consumption=5 billion x 5% = $250 million

So,consumption in Aggregate demand falls by $250 million .

Now, we will calculate the declineing in interest rate:

Decline in Interest rate = 2% and investment speding increases by $20 billion for every 1%

Therefore, increase in investment spending = $20 billion x 2% = $400 million

Now, we will calculate the change in aggregate demand (AD)

Change in AD = change in consumption + change in investment

= 400 - 250 million = $150 million

Initially, aggregate demand curve shifts to the right by $150 million but the shift will be bigger due to the multiplier effect.

b) Given multiplier = 3

So, Real GDP changes by $150 million x 3 = $450 million

So,initially Aggregate demand curve shift to the right by $150 million but eventually shifts to the right by $450 million due to the multiplier.

7 0
4 years ago
Dividends-R-Us, Corp. is paying a dividend of $3 a share today. It is expected that the company will continue its policy of incr
leonid [27]

Answer:

Amount for each stock to be paid at maximum = $54

Explanation:

Using Dividend growth model, we have,

P_0 = \frac{D_1}{K_e - g}

Where P_0 = Expected price of share today

D_1 = Dividend to be paid at this year end

= D_0 + g

K_e = Required return on investment

g = Growth rate

Therefore,

D_1 = = $3 + 8% = $3.24

P_0 = \frac{3.24}{0.14-0.08}

P_0 = $54

Therefore, current price for this share or sock to be paid = $54 per share.

5 0
3 years ago
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