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3 years ago

What is a great example of using cluster analysis in business to create target-marketing strategies?

Business

1 answer:

Marysya12 [62]3 years ago

5 0

Answer:

The correct answer is letter "C": zip code segmentation.

Explanation:

Target-marketing strategies are achieved by segmenting the company's overall market. Segmentation allows firms to classify their clients typically by age, gender, and income but some other features such as location can be also implemented. Once the target population is spotted, organizations can choose a plan prompt advertising most likely to impact their behavior.

Thus, entities can use zip segmentation to identify customers in a specific region and study their consumption patterns to try to identify profitable opportunities.

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Imagine that after completing your economics course (you get an A, of course) you are at a family gathering. Your grandmother as

Maksim231197 [3]

Answer:

$16,875

Explanation:

The amount received per year is $15,000 and the CPI increased from 144 to 162

Inflation rate = (New CPI - Old CPI)/Old CPI * 100

Inflation rate = 162-144/144 * 100

Inflation rate = 0.125

Inflation rate = 12.5%

Amount received = $15,000 * 12.5% = $1,875

==> $15,000 + $1,875 = $16,875

So, Grandmother will receive $16,875

3 0

3 years ago

Howe Corporation calculates inventory and cost of goods sold one time at the end of every accounting period. In contrast, Kelty

Mariana [72]

The difference is only in the strategy the company wants to use. For some market segments calculating the cost of goods sold by the permanent or periodic method may be more advantageous and allow a better monitoring of business efficiency and profitability. Companies often choose the method that best fits their organizational strategy. The periodic method, for example, as used by Kelty Industries, can be useful for greater input and output control, process optimization, consumer behavior assessment, and other advantages. But if Howe and Kelty wanted to change the calculation method, it would not affect anything, as the result would be the same regardless of the calculation, periodic or daily.

3 0

4 years ago

A company that loans money to an organization is a(n):______.a. supplier.b. lender.c. shareholder.d. investor.

fomenos

Answer:

lender.

Explanation:

A lender is an individual or company that makes funds available another com[any. Lenders receive fixed payments based on a predetermined rate at an agreed time.

A shareholder is the owner of a company. A shareholder is a person who buys the stock of a publicly traded company

Supplier provides raw materials needed for production to a company

An investor can either be a lender or shareholder

6 0

3 years ago

How can I start for drug design to end up having a career as a drug designer?

MatroZZZ [7]

Answer:

Inorder to start for drug design to end up having a career as a drug designer, one needs to follow the processes below;

1. Discovery

2. Product characterization

3. Formulation, delivery, packaging development

4. Phamacokinetics and drug disposition

5. Preclinical toxicology testing and IND application

6. Bioanalytical testing

7. Clinical trials

Explanation:

Drug design is a method in which one develops new medicinal drugs based on the knowledge of a biological target.

The knowledge of the biological target is it's molecular make up. Once the molecular information about the target has been determined, the drug is developed to compliment the bio-molecular properties of the target.

The bio-molecular properties usually considered are the shape and the charge.

There are seven major processes to complete drug design. They are as follows;

1. Discovery

This starts with a target identification where the biochemical relationship involved in the disease condition. The interaction between a drug candidate and the drug target is determined using rigorous screening processes. A lead compound is chosen after effective review.

2. Product characterization

The candidate molecule is then classified and its characteristics noted.

3. Formulation, delivery, packaging development

Formulations for proper drug delivery parameters should be determined. This will include all parameters of shipment and storage to ensure proper and safe delivery.

4. Phamacokinetics and drug disposition

Pharmacokinetics(Pk) offer useful feedback to the formulation scientists. Pk offers parameters such as area under the curve and the maximum concentration of the drug in the blood and the time at which the maximum concentration is reached.

5. Preclinical toxicology testing and IND application

This involves the testing of the bio-activity, safety and efficacy of the formulated drug product

6. Bioanalytical testing

This is important for proper characterization of the molecule

7. Clinical trials

The clinical trial are conducted by grouping them into three types, majorly;

human pharmacology, therapeutic exploratory, and therapeutic confirmatory

6 0

4 years ago

A feature of personal selling by salespeople is that it is

dlinn [17]

A feature of personal selling by salespeople is that it is their development of oral conversation.

<h3>What is a Personal selling?</h3>

This refers to a face to face selling technique whereby the salesperson uses an interpersonal skills to persuade the prospective customer in buying a particular product.

However, the main feature of personal selling by salespeople is that it is their development of oral conversation because they need to effectively persuade their client.