In decades past, the development and implementation of marketing strategy was about b.creating a large number of transactions in order to maximize a firm's market share.
<h3>What was the focus of marketing strategy in the past?</h3><h3 />
Companies wanted to increase the number of sales transactions they had as they believed it would lead to a higher market share.
These days however, companies try to retain their customers over the long term so they can have a sustainable revenue base.
Options for this question are:
a.aggressive selling in order to maximize sales volume.
b.creating a large number of transactions in order to maximize a firm's market share.
c.making products of moderate quality that could be sold at the lowest price possible.
d.conducting extensive research to discover customer needs.
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Answer:
Sept 1
DR PETTY CASH $350.30
CR CASH $350.30
Sept 30
DR POSTAGE EXPENSE $100
DR OFFICE SUPPLIES $116
DR CASH SHORT & OVER $4
CR CASH $220
Explanation: A petty cash is a small amount of money disbursed by an organisation for expenditures. This expenditures are usually day to day expenses such as postages, stationaries, office supplies and so on. From time to time, there may be cash shortages or the cash may be over for various reasons.
The answer is B. Fixed expenses are just expenses that you know won’t change. They have a specific amount that will remain constant.
Answer:
a. The production function in the Solow growth model is Y = F(K, L), or expressed in terms of output per worker, y = f(k). If a war reduces the labor force through casualties, then L falls but k = K/L rises. The production function tells us that total output falls because there are fewer workers. Output per worker increases, however, since each worker has more capital.
b. The reduction in the labor force means that the capital stock per worker is higher after the war.
Answer: Shawn is most likely a middle manager.
Middle managers are the link between the top level of executive management and the lowers levels in a management hierarchy.
Middle managers are responsible for the junior staff. They are also in charge of implementing the strategies of a company within their region and their benefits are also linked with how efficiently they implement the company’s policy.
Since Shawn is solely responsible for implementing the marketing strategies of the company in his region and also sets targets and reviews the performance of sales representatives, he is most likely a middle manager.