Answer:
Carter G. Woodson
Explanation:
Woodson. Carter G. Woodson was a scholar whose dedication to celebrating the historic contributions of Black people led to the establishment of Black History Month, marked every February since 1976.
Competition between producers is essential to capitalism.
Answer: Place
Explanation: Jeff still needs to work on the place element of the marketing mix. Jeff has covered all the other three elements.
His decision to sell sports apparel covers the product element. He has also decided the prices he is going to charge so he has also covered price mix. Jeff has also decided the promotional strategies covering the promotion element.
Since he has not decided how he will going to make the product available and what will be the distribution channel etc.
Hence from the above we can conclude that the correct option is place element.
Answer:
It will take 1.97 years to payback the machine.
Explanation:
Giving the following information:
It will cost $7,500 to acquire a cotton candy cart. Cart sales are expected to be $3,800 a year for four years.
We need to determine the amount of time required to payback the machine.
Year 1= 3,800 - 7,500= -3,700
Year 2= 3,800 - 3,700= 100
3,700/3,800= 0.97
It will take 1.97 years to payback the machine.