Answer:
It’s when you convince people to buy a product, or service. Marketing is used in this.
Explanation:
Answer:
12 months
Explanation:
The fiscal or financial period of a business lasts for 12 months or one year. It means that at the end of that 12 months, the business prepares its financial statement to determine its profitability. The business assesses its growth, success, and failure for the period.
After evaluating performance, planning for the next period of 12 months begins. The entrepreneur prepares a budget for the year, including their compensation. Compensation for the entrepreneur should be budgeted and reviewed every year together with the other budget items.
Answer:
The correct word for the blank space is: market cannibalization.
Explanation:
Market cannibalization refers to the loss of revenues as a result of the introduction of a new product by the same company. The initial purpose of the firm is to spread its market share but the product introduced is so similar or covers the same need than the previous that it ends up replacing it instead of acquiring more consumers.
Market cannibalization also takes place when franchises of the same firm open stores too close to each other than one of them ends up capturing all consumers which replace the first store operating in the area.
Answer:
MIRR -16.50%
They should reject the project is it destroys capital it do not meet to pay up the cost of the investment.
A typical firm’s IRR will be greater than its MIR
If the project yields higher than the cost of capital the IRR will be higher than the MIRR as reinvest the cashflow at the project yield rather than copany's cost of capital, thus it overstate the return.
Explanation:
WACC (cost of capital, reinvestment and financiation rate) = 7%
<em>Cash inflow:</em>
Year 1 275000 336,886.825
Year 3 450000 481500
Year 4 450000 450000
Total 1,268,386.825
<em>Cash outflow:</em>
F= -2,500,000
Year 2 -125000 - 109, 179.841
Total 2,609,179.841
Now we can solve for MIRR:
![MIRR = \sqrt[n]{\frac{FV \: inflow}{PV \: outflow}} -1](https://tex.z-dn.net/?f=MIRR%20%3D%20%5Csqrt%5Bn%5D%7B%5Cfrac%7BFV%20%5C%3A%20inflow%7D%7BPV%20%5C%3A%20outflow%7D%7D%20-1)
![MIRR = \sqrt[4]{\frac{1,268,386.82}{2,609,179.84}} -1](https://tex.z-dn.net/?f=MIRR%20%3D%20%5Csqrt%5B4%5D%7B%5Cfrac%7B1%2C268%2C386.82%7D%7B2%2C609%2C179.84%7D%7D%20-1)
MIRR - 16.49991% = -16.50%
Answer:
Creation of Demand 2. Customer Satisfaction 3. Market Share 4. Generation of Profits 5. Creation of Goodwill and Public Image
Explanation:
The basic purpose of marketing management is to achieve the objectives of the business.
