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3 years ago

A local restaurant has prepared a new recipe for it's lunch menu which form of nonprice competition is this?

2 answers:

7 0

Non price competition is competing against others when price isn't the driving force of differentiation. If a local restaurant repairs a new recipe for it's lunch menu it is using the physical characteristic form of non price competition. The restaurant is hoping to differentiate based on the quality and taste of their new lunch item compared with another restaurants.

BartSMP [9]3 years ago

3 0

Physical Characteristics

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What are the five marketing management functions used to manage the marketing process?

Kamila [148]

The answer is "a. analysis, planning, implementation, organization, and control".

The marketing process comprises of five key steps. The initial step is comprehend the commercial center and client needs and wants.In the last advance of the five-advance process, the organization receives the benefits of solid client connections by catching an incentive from customers. The marketing process, in which four of them concentrated on making an incentive for clients. One procedure for making an incentive for clients is customer-engagement marketing, which encourages immediate and ceaseless client association in forming brand discussions, brand encounters, and brand network.

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3 years ago

The following accounts and their balances appear in the ledger of Goodale Properties Inc. on June 30 of the current year: Common

Katyanochek1 [597]

Answer:

Explanation:

Particulars Amount

Common stock $15 par value 594,000

Paid-In Capital in Excess of Par—Common Stock 15,840

Total Paid-In Capital 609,840

From sale of Treasury stock 24,400

Add: Retained Earnings 932,000

Deduct: Treasury Stock (645 shares) 12,255

Total Stockholders' Equity 1,553,985

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3 years ago

Troy will receive $7,500 at the end of Year 2. At the end of the following two years, he will receive $9,000 and $12,500, respec

Pepsi [2]

Answer:

$33,445.44

Explanation:

The future value of an investment is its worth at a future date if the investment is done at a specific interest rate compounded yearly for certain number of years

It is computed as follows:

FV = PV (1+r)^n

FV = Future Value, PV = present value, r- interest rate, n- number of years

Future value of $7500 after 3 years:

FV = 7500× (1.08)^3 = 9,447.84

Future Value of $9000 after 2 years:

FV = 9000 × (1.08^2) = $10,497.6

Future value of $12,500 after 1 year:

FV = 12500× 1.08 = $13,500

The future value of these cashflows at the end of year 5

= 9,447.8 + 10,497.6 + 13,500

= $33,445.44

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