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zalisa [80]
3 years ago
7

Furs unlimited is using a combination of advertising and personal selling to increase the sales of its fur coats. this activity

involves the ____ ingredient of the marketing mix.
a. pricing

b. product

c. distribution

d. promotion

e. timing
Business
1 answer:
My name is Ann [436]3 years ago
7 0

Answer: C. Promotion

Explanation:

Furs unlimited needs to use the technique of marketing mix called promotion, to give more exposure to their products then get more popular that should result in a incrementation of their sales. The purpose of the promotion is also to capture the customer to obtain brand loyalty.

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Explain with examples, the process of screening and evaluating new venture opportunities.
Blababa [14]
Self-Analysis
According to the Arkansas Small Business Development Center, most small businesses fail because of poor management and the owner’s inability to manage resources. Before you even start researching the feasibility of your idea and the market you plan on entering, evaluate your own talents, desires and goals. Consider your willingness to take risks as well as the amount of time and energy you’ll need to make the business a success. Review your financial, personnel and marketing skills as well to ensure you have the necessary background to make a success of your new venture.

Financial Components
After learning about the investment required to purchase the existing business or franchise or the start-up costs you’ll need initially, evaluate your own resources. Part of a financial assessment includes the amount you have in personal savings to add to the initial investment. Banks typically require entrepreneurs to come up with a portion of the investment to show good faith and willingness to take a risk with the lender. Assess the financing available through the seller, investors and lenders when evaluating your chances of succeeding.

Market Research
To thoroughly understand what you’re getting into, perform an extensive market research project to determine the feasibility of your business. In addition to gleaning statistics of trends and current customer buying patterns, you need to know who your customers are, where they are located and what kind of competition exists in your area. Consider market research your first steps in opportunity analysis that help you understand exactly how you will sell products or services to a specific market.

Support
Finally, evaluate the amount of support you expect to receive from your family and the community.
4 0
2 years ago
Its best if you share details of a personal appointment when you need time off work. True False
Reika [66]
I would say false because 'personal' is in the name. Your work doesn't really need to know the exact details (might depend on the business tho). 
7 0
3 years ago
A country's overall level of interest rates should have an impact on the financial account of the BOP. Relatively low real inter
Alex777 [14]

Answer: a. True

Explanation: Higher interest rates tend to attract foreign investment, increasing the demand for and value of the home country's currency. Foreign investment involves capital flows from one country to another, granting extensive ownership stakes in domestic companies and assets. Foreign investment denotes that foreigners have an active role in management as a part of their investment. One major spur of this inflow and outflow is the existing interest rate a country offers. Higher interest rates increases inflow of capital. The opposite is true for countries with lower interest rates, as there is an outflow of capital to countries having higher interest rates.

5 0
2 years ago
The following is a partial unadjusted Trial Balance.
PilotLPTM [1.2K]

Answer:

Supplies Expense         12500

Explanation:

<em>Bravo Unlimited</em>

<em>Adjustment Entry</em>

Date                          Particulars                     Debit           Credit

February 29          Supplies Expense         12500

                                      Supplies Account                       12500

( Opening bal+ purchases- Ending bal= Expense= 2000+ 12000- 1500= 12500

At the month end Supplies were used for $ 12500 and supplies on hand are $ 1500.

On 2nd Feb the supplies account totalled $ 14000 but $5000 supplies had been expensed  so the total amount of supplies used up is calculated by (Opening bal+ purchases- Ending bal= Expense) the formula given above.

5 0
3 years ago
A newly formed firm must decide on a plant location. There are two alternatives under consideration: locate near the major raw m
kiruha [24]

Answer:

<u>Omaha would produce a higher Income.</u>

Explanation:

170 Sales revenue per unit

Omaha

Sales \: Revenue - Variable \: Cost = Contribution \: Margin

170 - 20 = 150

Contribution \: per \: unit \times units \: sold = Total \: Contribution \: Margin

9,400 x 150 = 1,410,000

fixed cost (900,000)

<em>Income 510,000</em>

Kansas City

Sales \: Revenue - Variable \: Cost = Contribution \: Margin

170 - 35 = 135

Contribution \: per \: unit \times units \: sold = Total \: Contribution \: Margin

10,000 x 135 = 1,350,000

fixed cost (1,000,000)

<em>Income 350,000</em>

4 0
3 years ago
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