The business dimensions to be analyzes by the Marketing Manager and Financial controller includes:
- profitability
- liquidity
- solvency
- efficiency
- valuation.
<h3>Who is a Marketing Manager & Financial controller?</h3>
Marketing Manager are those managers that specializes in the development of marketing strategies for their organizations while the Financial controller is a top-hierarchy manager that oversees and controls the firm's day-to-day financial operations.
The main role of the Marketing Manager is to promote the firm's business, product, service etc while the main role of the Financial controller is to records and manages the accounting function.
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The benefits of establishing a pay structure that helps the organization achieve its goals include:
- Employee motivation
- Cost control
- Ability to attract and retain talented human resources
<h3>What is the benefit of a good pay structure?</h3>
A good pay structure means that employees are adequately compensated for their work. This can help a lot with employee motivation because a huge part of the motivation that employees feel to work towards helping an organization to achieve its goals are monetary.
If a company is able to use its pay structure to engage in employee motivation, there will be better cost control from the company being able to reduce its recruitment costs, and having employees that are retained for long enough to know how to use resources efficiently. It is therefore important that when coming up with a pay structure to help achieve company goals, it should compensate employees adequately.
Options for this question include:
- Employee motivation
- Quality loss
- Cost control
- Increased budget
- Ability to attract and retain talented human resources
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Escalating fuel and escalating insurance costs continue to have an impact on the trucking industry.
<h3>Impacts of the raised costs:</h3>
- Carriers are forced to raise their pricing in order to cover rising fuel costs, or else they risk losing money.
- The whole business is impacted by the growing cost of gasoline since the shipper is required to pay more to carry goods if the freight carrier must pay more to do so.
- Additionally, if the shipper is paid extra for transportation, the recipient will also be charged more to cover the increased costs.
- Some businesses may start stocking up on more items as a result of the rising expense of transportation, which can cut down on the quantity of transportation required; henceforth, causing inflation for the public.
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Answer:
Off-Peak daily rate changes
Explanation:
Off peak daily rate changes is strategically changing the price of product and services based on time factor, when number of customer turnaround is very less. The price are fixed lesser than that of price during normal of peak demand time so that customer are motivated to buy the product.
As given in question, early evening drinking time is not considered a healthy drinking practice, hence to induce customer to use drinking service at that time, slightly reduced prices are charged, business have defined it as happy hour .
Since this is time based pricing strategy it can be termed as Off peak daily rate changes.
Answer:
B. product proliferation
Explanation:
Product proliferation -
It refers to the practice of making variation on the same product , in the market , is referred to as product proliferation .
various innovative and latest method of packaging , sizes and color are used , to attract the consumers .
The method is used to deal with the upcoming competition and attract the consumers .
Hence , from the given scenario of the question ,
The correct answer is B. product proliferation .