All categories

3 years ago

What is the foundation for the marketing plan?

Business

1 answer:

malfutka [58]3 years ago

8 0

Answer:

Market analysis

Explanation:

Market analysis is the foundation of the marketing plan. Every marketing plan should include a clear explanation of the market segmentation, target market focus, and a market forecast.

You might be interested in

Research indicates that __________ communication is more accurate and effective than _______ communication.

gregori [183]

The answer in the blanks are: one way communication; two way communication. It is because, the reason why one way communication is more accurate because the communication or message that is being sent to is only on a one direction, this makes it accurate and more effective to use because there are no discrepancies. The two way is less accurate and less effective than the one way communication because it does not contain a one direction in terms of communication but it involves transmit information with the parties.

7 0

3 years ago

Geneva Company manufactures dolls that are sold to various customers. The company works at full capacity for half the year to me

SpyIntel [72]

Answer: So, the minimum selling price will be $26.

Explanation:

The fixed cost are incurred regardless of the production volume, they're tangential to decision making.

Now,

Minimum selling price that should be accepted for the product is given as follow:

Variable manufacturing cost = $20

Variable selling and admin = $6

Total cost incurred = Variable manufacturing cost + Variable selling and admin = $26.

So, the minimum selling price will be $26.

7 0

3 years ago

Read 2 more answers

One important distinguishing feature of valid arguments is that __________.

nignag [31]

One important distinguishing feature of valid arguments is that the conclusion is always based on the premises or follow the premises. If the premise is true then the conclusion is true. If the premise is is false, then the conclusion is false. They are valid arguments.

3 0

3 years ago

Suppose Megan gets a sales bonus at her place of work that gives her an extra $400 of disposable income. She chooses to spend $3

kicyunya [14]

Answer:

0.75, 0.25

Explanation:

With an increase in disposable income marginal propensity to consume increase. Similarly, with an increase in disposable income marginal propensity to save increases. Marginal propensity to save is the amount of money saved or kept after a fraction increase in overall disposable income.

MPC = 300/400=0.75

MPS = 100/400=0.25

Marginal propensity to consume is 0.75

Marginal propensity to save is 0.25

5 0

3 years ago

The Duerr Company manufactures a single product. All raw materials used are traceable to specific units of product. Current info

Gemiola [76]

Answer:

Direct material used= $102,000

Cost of goods manufactured= $327,000

COGS= $347,000

Explanation:

First, we need to calculate the cost of direct material used:

Direct material used= beginning inventory + purchases - ending inventory

Direct material used= 28,000 + 105,000 - 31,000

Direct material used= $102,000

Now, the cost of goods manufactured:

cost of goods manufactured= beginning WIP + direct materials used + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 40,000 + 102,000 + 130,000 + 105,000 - 50,000

cost of goods manufactured= $327,000

Finally, the cost of goods sold:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 80,000 + 327,000 - 60,000

COGS= $347,000

6 0

3 years ago