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shepuryov [24]
3 years ago
12

Small Treasure Gifts is deciding whether to sell its products in kiosks outside subway stations or in stores at popular malls. W

hat element of the marketing mix does this decision most closely relate?
Business
1 answer:
Monica [59]3 years ago
3 0

Answer:

Place

Explanation:

Marketing mix is the understanding of 4 important and controllable elements of marketing plan. Usually, these elements are considered as 4P which are Product, Place, Price and Promotion.

Place: To enter more effectively or in general to be successful in the market, as a supplier you should choose your segment or where to reach to your potential customers carefully and certainly. That’s why the place which is selected must be considered where the target market is.

Product: It is very important to develop your product to make the customers to have “willingness to pay”. So it has to have unique or good design, standards, quality and other important attributes. You should seek to sell the products which have big demand.

Price: There should be the reasonable price to the customers who will be able to buy your products. Sure, the price is established after the analysis of your costs (fix, variable and etc.). However, you should be careful about your rivals in the price policy. The buyers will have always power on you in this case so they can substitute your product to others.

Promotion: This element is about the process of explanation how your product will create the value on the customers. It is very necessary point on the value chain activities. If you have a better promotion than others your products will be demanded more or permanently.

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In converting net income to net cash provided (used) by operating activities, under the indirect method:
Monica [59]
My guess would be B , Hope I helped :)
6 0
3 years ago
Select the answers that correctly complete the given statements.
Alina [70]

Answer:

leftward shift of

leftward shift of

movement along

rightward shift of

Explanation:

The right answers to complete the given statements are that;

A decrease in real GDP causes leftward shift of the money demand curve.

An increase in technology which makes it easier to pay for goods and services without carrying lots of causes a leftward shift of the money demand curve

A decrease in interest rates causes a movement along the money demand curve.

An increase in the aggregate price level causes a rightward shift of the money demand curve.

6 0
3 years ago
Company XYZ applies overhead cost to jobs on the basis of direct labor cost. Job A which
Bumek [7]

Answer:

sorry po hindi ko po alam pag alam ko po sasabihin ko po sa inyo promise

6 0
3 years ago
During the year, Wright Company sells 415 remote-control airplanes for $100 each. The company has the following inventory purcha
mihalych1998 [28]

Answer:

See explanation section.

Explanation:

We know, first in first out (FIFO) inventory system shows that items were sold those were purchase earlier.

Cost of good sold under FIFO method,

Jan. 1 Beginning inventory                       50 units × $75 = $3,750

May. 5 Purchase                                       215 units × $78 = $16,770

<u>Nov. 3 Purchase                                        150 units × $83 = $12,450</u>

Cost of good sold                                      415 units            = $32,970

Ending inventory = Total inventory - cost of good sold

Ending inventory = 430 units - 415 units = 15 units

Cost of inventory = Total cost - Cost of good sold

Cost of inventory = $34,215 - $32,970 = $1,245

7 0
3 years ago
Speedy Bikes could sell its bicycles to retailers either assembled or unassembled.
Feliz [49]

Answer:

Speedy Bikes

a. Incremental Analysis for the sell-or-process-further decision:

                                                       Cost of an              Cost an    Difference

                                                   unassembled bike  assembled bike

                                                     Alternative 1          Alternative 2 Increment

Sales price of unassembled bike      $450                     $495           $45

Manufacturing cost per unit              $290                      $312            (22)

Net operating income                        $160                       $183           $23

b. Speedy should process the bikes further.

c. It will generate an incremental net operating income of $23 per bike.

Explanation:

a) Data and Calculations:

                                                       Cost of an              Cost an

                                                   unassembled bike  assembled bike

Direct materials                                    $150                      $155

Direct labor                                               70                         80

Variable overhead (70% of direct labor) 49                         56 ($80 * 70%)

Fixed overhead (30% of direct labor)      21                          21

Manufacturing cost per unit               $290                      $312

7 0
2 years ago
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