Explanation:
It is necessary for companies to develop a strategic business plan, which contains the action plans necessary for an organization to achieve its objectives and goals.
The organization's strategic planning will comprise long-term objectives, including the company's guidelines, its mission, vision and values, the analysis of internal and external environments, and action plans, which will help the company to be well positioned, profitable and competitive in the market.
Answer:
Advertising a similar property can and does create interest in their property
Explanation:
In real estate agents need to effectively market properties in order to sell to consumers.
One way of doing this is by creating awareness in a given market about a particular property type.
When interest in a type of property is created it generates interest that will lead to more sales.
In the given scenario when Tom meets with his sellers to explain his advertising plan, he should make sure the owners understand that to capture a market they need to advertise even products that are similar.
As interest grows it will create a demand for that type of property
Answer:
$76
Explanation:
The computation of Unit product cost under variable costing is shown below:-
Unit product cost under variable costing = Direct material + Direct labor + Variable manufacturing overhead
= $47 + $21 + $8
= $76
So, for calculating the Unit product cost under variable costing we simply added the direct material, direct labor and variable manufacturing overhead.
Answer:
GDP grew by $2,200
Explanation:
G<em>ross domestic product (GDP) which is the total market value of all the final goods and services produced in a country over a given period of time. The GDP can be calculated using the value added approach.</em>
Here the GPD figure is ascertained by summing the amount of additional value created by each factor of production at each stage of the production process of the final product.
<em>Only the values added are summed, the cost of the inputs or intermediate goods are not included</em>
<em>In this question, the final value of $2200 represents the amount by which the GDP has increased in the period. This also can be verified using the value-added approach as follows</em>
Value added($)
Gold miner - 600
Mining company : 1000 -600 = 400
Jewerlry maker :1600 - 1000 = 600
Departmental store :2200 -1600 = <u>600</u>
Total value added <u>2,200</u>
Answer:
Mass Distribution
Explanation:
Mass distribution strategy is one of three approaches to distribution in marketing. It is engaged where an organisation seeks to sell its goods to as many customers as possible. Intermediaries with very wide market base are usually the targets for such organisations.
