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Amanda [17]
3 years ago
11

In which step of the target marketing process do marketers develop a marketing mix that will lead to competitive advantage forâ€

‹ consumers?
Business
1 answer:
otez555 [7]3 years ago
4 0

Answer:

Positioning

Explanation:

A target market is a subset of the total market that a business identify as being potential customers and targets with an aim to provide goods and services. They usually exhibit similar characteristics such as age, sex, location and so on.

Positioning is the final stage when the STP approach is being used. The three stages of targeting are segmentation, targeting and positioning. Insights gained from segmentation and targeting is used to formulate a plan on how best to deliver the product to the consumer in such a way that they find it appealing. Marketing mix unique to customer need is developed to give competitive advantage to the business.

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Contingency planning is also known as Group of answer choices a trend analysis. scenario planning and scenario analysis. organiz
qaws [65]

Answer:

scenario planning and scenario analysis.

Explanation:

Planning can be defined as the process of developing organizational objectives and translating them into action plans or courses of action.

This ultimately implies that, planning is a strategic technique used by organizations to make an aggregate plan for its manufacturing (production) process typically ahead of time, in order to have an idea of the level of goods that are to be produced and what resources are required so as to reduce the total cost of production to its barest minimum.

Contingency planning is also known as scenario planning and scenario analysis.

Basically, a contingency planning is a type of plan that is typically designed by a business firm to take into account a possible future circumstance or event based on a forecast.

6 0
3 years ago
How to write a reimbursement cheque in Quickbooks?
Aleks04 [339]

Answer:

Click the Employees tab.

Select the employee name.

In the Pay section, click Edit.

Under Additional pay, select the Reimbursement checkbox. ...

Click Edit and enter a recurring amount or give the pay type a unique name (optional).

Click Save.

Explanation:

Hope that helps!

8 0
3 years ago
Jody is an agent for Kwik Credit Company (KCC). In the course of Jody's performance for KCC, Jody pays Leo for certain auto main
Serjik [45]

Answer:

D. Reimbursement

Explanation:

A principal may be defined as a company's agent dealing with a contractor. The principal has the duty to reimburse an agent for the amount of money used up while carrying out his/her duty. Reimbursement may be from expenses like cost of travelling, cost of meals, cost of lodging and so on. In other words, if an agent makes authorized spending while doing a job for the principal, the principal has the duty to reimburse the agent for the money spent.

3 0
3 years ago
Read 2 more answers
Identify and explain the four primary types of taxes that businesses pay
DENIUS [597]

Answer

Hi,

They are; income tax, self-employment tax, employment tax and Excise tax

Explanation

All businesses are expected to file income tax return on yearly basis. Some pay taxes as they earn the income. The self-employment tax is imposed to contribute to social security and health care cover for a person who works for him or herself. Employment taxes are a mandatory to employers who are required to pay it to cover social security and healthcare taxes and federal unemployment tax for the workers. Some businesses are levied excise tax depending on the goods sold or manufactured, the type of business operation and the type of equipment and products used.

Best wishes!

3 0
4 years ago
Krisp Bite, a breakfast cereal manufacturer, has a storage facility to store sugar, corn, wheat, oats, rice, and barley before t
sattari [20]

Answer:

D) inventory

Explanation:

Inventory: Inventory is the stock of the company. It passed through various cycles i.e. raw material, work in progress, finished goods. When the cycle is finished then the product is ready to sell in the market.  

Moreover, the recording of the stock is done based on the cost or market value whichever is lower.  

In the given question, operation management uses the storage facility. So, the storage facility is used to store the inventory. Here, the storage facility means the warehouse in which the company products are kept for safety measurement.

Thus, all other options are incorrect except D option

7 0
3 years ago
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