It may seem that franchise has many benefits since it allows for a person to open and operate a business without much knowledge of how to run a business and generally franchises are well advertised so not much marketing costs are needed, however negative impacts are much more, since you need to pay lifetime percentages for sales and operating under franchise as well as there is no room for creativity and too much dependence on a big business. Also the funds needed to open a franchise are much higher than same business but operating independently. So negative side is prevailing.
Defining the mission is the marketing planning process
Explanation:
The organization's mission statement deals with two main topics: the form of business a corporation is in, and its general goals. The first step towards the implementation of this marketing plan is to identify the project.
Five key steps for the creation of a marketing plan:
Step 1 : Define Your Business Goals.
Step 2 : Set goals & budgets for SWOT marketing.
Step 3 : Define the individuals you seek.
Step 4 : Create a plan for your execution.
Step 5 : Arrange and take action.
Answer:
- racial justice and democracy
Explanation:
I hope this answer will help you! I know the answer because I actually took this test last year.
Answer:
A) rivalry among existing competitors
Explanation:
Since Barb chooses to go to Payless Shoes to purchase her children's shoes rather than shopping at another shoe seller Zappos.com, this is an example of rivalry among existing competitors
.
In Porters' five forces, Competitive rivalry measures the extent of competition between existing firms. This rivalry can trigger price wars (including price cutting) which result in limitation of profits. It also involves increased advertising costs, higher research and development on service/product improvements and innovation, etc.
Organization need to account for location changes of their inventory because the control of Inventory helps them to know the amount of inventory that they have.
<h3>What is inventory location?</h3>
An Inventory locations is known to be seen as places where inventory is said to be saved and where it is distributed.
Note that Organization need to account for location changes of their inventory because the control of Inventory helps them to know the maximum amount of profit as it is gotten from the least amount of investment in stock without influencing customer satisfaction.
Therefore, Profit = Amount of stocks available - inventory sold.
Learn more about Inventory from
brainly.com/question/24868116
#SPJ1