Answer:The first of two major components of developing a marketing strategy is to<u> select a target market.</u>
<u>Explanation:</u> After determining business products and services the business needs to identify the target market. Identifying the target market is the major step in developing a marketing strategy.
Steps to select a target market
- Target market is actually those customers whom we want to sell our products.Concentrating on target market will make it easier to sell our products.
- Customers can be targeted on the basis of age,gender,income,occupation,educational level.
- Look at the competition that exist .Identify those areas that have been overlooked by our competitors.
- If business is already existing than identify those products and services which are bought by current customers and the benefits that they are getting from it.
- Finally target those customers who actually need your products and services.
Answer:
8.10%
Explanation:
The required rate of return (yield) on the preferred stock = Dividend / Price
= $12.80 / $158 = 0.0810126582278481 = 8.10%
Answer:
True
Explanation:
While a sole proprietor is expected to report his business income or loss on his personal tax form as the business is not considered for separate tax , a c corporation shareholders are taxed based on the dividends received from the business profit and the entire profit taxed for the corporation tax.
As no profit was distributed to the owners , there was no personal tax basis for Lucy but only the corporation tax that will be charged on the business net profit.This could have been a tax avoidance method adopted by Lucy to reduce his tax liabilities as a sole share holder.
