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Fantom [35]
3 years ago
14

Bob's Custom Millwork is a business that provides custom cabinetry and furniture for both businesses and individual consumers. B

ob does not make any products until he receives an order from the customer. What type of marketing strategy does this represent?
Business
1 answer:
raketka [301]3 years ago
5 0

Answer:

The correct answer to the following question is that the marketing strategy used by Bob's custom millwork is pull strategy.

Explanation:

A pull marketing strategy ( also know as pull promotional strategy ) can be defined as that strategy where a company tries to increase the demand of its products and services and and pull (draw) the consumers towards their products. The main objective of this strategy is to make people or consumer want or seek for your particular product. This strategy can be used independently ( on its own ) or this can be used with push marketing strategy. From the given case of Bob's custom millwork it is quite clear that pull marketing strategy is being used here.

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About the financial sector of Japan?
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Answer:

At least four core functions can be identified.[1] The financial sector should provide the following services:

Value exchange: a way of making payments.

Intermediation: a way of transferring resources between savers and borrowers.

Risk transfer: a means for pricing and allocating certain risks.

Liquidity: a means of converting assets into cash without undue loss of value.

6 0
3 years ago
__________ involves taking apart a product, analyzing it, and creating an improved product that does not infringe on the competi
kompoz [17]

Answer:

Reverse engineering

Explanation:

Reverse engineering is one of the most complicated procedures which involves great deal of critical analysis. It’s a process which takes apart a product and then redesign and recreate it.  Reverse engineering is the best way to learn other technologies and replicating them effectively. It also involves a great deal of analysis regarding the complete composition and construction.

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3 years ago
What is buisness studies​
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8 0
3 years ago
Read 2 more answers
Is it necessary that the five steps in the strategic management process be performed sequentially? Why or why not?
Artemon [7]

Answer:

No

Explanation:

Strategic management process may be defined as the process which appraises the industries and business where the organization is involved. It is the culture of appraisal that any business adopts in order to outdo their competitor.

There are mainly 5 steps for the strategic management process in any business. They are :

-- in goal setting

-- to analyze

-- in strategy formulation

-- in strategy implementation

-- to control and evaluate

These are main 5 steps which follows a logic and is easily understandable as it is simple process. But it is not compulsory for the business or organization to take these steps in a sequential manner. It depends upon the company's need. Many company analyses the internal as well as the external factors that affects their strategy which is important to their business process. So they may start with any step for the appraisal process.  They can start with any step and see the impact of it and then change or move to any other step depending upon their necessity. It is according to the company's need and situation that these steps are taken in any sequence by the company.

4 0
3 years ago
At December 31, 2021, Moonlight Bay Resorts had the following deferred income tax items: Deferred tax asset of $62 million relat
o-na [289]

Answer:

Moon light Bay Resorts would report in the balance sheet December 31, 2021 ; non current deferred tax asset of $102 million and non current deferred tax liability of $208 million .

Explanation:

From the above question, we are to determine if Moon Light Bay Resorts should report as assets (Current or non current) or liabilities (Current or non current) in its balance sheet as at 31st December, 2021.

The items are also classified in the balance sheet as seen below;

Total deferred tax liability ($128 million + $80 million) = $208 million

(Deferred tax liabilities related to both current or non current assets)

Total deferred tax asset ($62 million + $40 million) = $102 million

The net deferred tax liability = $106 million ($200 million - $102 million)

5 0
3 years ago
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