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3 years ago

When discussing the marketing planning process, stp stands for?

1 answer:

3 0

When discussing the marketing planning process, STP stands for segmentation, targeting and positioning that firms use to identify and evaluate opportunities for increasing sales and profits. In addition,

• Market segmentation includes aggregating prospective buyers into groups or segments that have mutual needs and will respond similarly to a marketing action.

• Targeting is the procedure of assessment the appeal of various segments and then determining which to pursue as a market.

• Market positioning includes the process of importing the marketing mix variables so that the target customers have a clear, characteristic, desirable sympathetic of what product does or signifies in a contrast with opposing products.

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Abc company, which is headquartered in the united states, has production plants in mexico and vietnam. according to this informa

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3 years ago

Read 2 more answers

You can buy property today for $2.2 million and sell it in 5 years for $3.2 million. (You earn no rental income on the property.

Stolb23 [73]

Answer:

PV of the sales price $1,986,948.23

Explanation:

We will calcualte the present value of the sale price using the present value of a lump sum formula:

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 3,200,000

time 5 years

rate 10% = 10/100 = 0.1

$\frac{3200000}{(1 + 0.1)^{5} } = PV$

PV $1,986,948.2338

This indicates the 3,200,000 in five years are equivalent to 1,986,948.23 dollars Thus, this investment is not profitable as the property will be purchased at 2,200,000

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2 years ago

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levacccp [35]

Answer:

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Explanation:

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3 years ago

The accounts receivable aging report:

Nana76 [90]

Answer:

A. includes a chronological summary of all transactions posted to individual patient ledgers/accounts on a specific day

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2 years ago

Automobile repair costs continue to rise with the average cost now at $367 per repair.† Assume that the cost for an automobile r

vovikov84 [41]

Answer:

a) 0.1728

b) 0.09183

c) 0.7354

d) $ 222.25

Explanation:

Given

mean = $\mu$ = $367

Standard deviation = $\sigma$ =$88

Cost of automobile repair is normally distributed.

a) We have to find P( x > 450 )

P( x > 450 ) = 1 - P( x <= 450 )

Using excel function, P( x <= x ) = NORMDIST (x, $\mu$ , $\sigma$ , 1 )

P( x > 450 ) = 1 - NORMDIST( 450 , 367, 88, 1 )

= 1 - 0.8272 = 0.1728

P( x > 450 ) = 0.1728

b) P( x < 250 ) = NORMDIST( 250 , 367, 88, 1 ) = 0.09183

P( x < 250 ) = 0.09183

c) P( 250 < x < 450 ) = P( x <450 ) - P( x < 250 )

P( x <450 ) = NORMDIST( 450 , 367, 88, 1 ) = 0.8272

P( x < 250 ) = NORMDIST( 250 , 367, 88, 1 ) = 0.09183

P( 250 < x < 450 ) = 0.8272 - 0.09183 = 0.7354

P( 250 < x < 450 ) = 0.7354

d) We have P( X < a ) = 0.05

We have to find a.

Using Excel, = NORMINV ( Probability, $\mu$ , $\sigma$ )

a = NORMINV ( 0.05 , 367, 88 ) = 222.2529

Cost = $ 222.25

8 0

3 years ago