1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
shepuryov [24]
2 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]2 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.

You might be interested in
In which of the following situations could a research analyst use multiple regression? A real estate development company wants t
rjkz [21]

Answer:

A). A real estate development company wants to estimate the probable sales of construction services on the basis of marriage rates, population movement in the region, and interest rates on construction loans.

Explanation:

Multiple regression is elucidated as the statistical technique employed to determine the association between two or more dependent or response and independent/explanatory variables.

As per the question, the multiple regression can be employed in the first situation where 'a real estate company wishes to forecast the probable sales of construction on the basis of....loans.' Multiple regression analysis would help in representing the linear relationship between these two variables that helps in ensuring effective analysis and making predictions and ensuring optimum output. Thus, <u>option A</u> is the correct answer.

5 0
3 years ago
At Smartech, a company dealing in software products, employees often complain about the lack of clarity regarding the tasks they
Yuliya22 [10]

Answer:

(B) Analysis and design of work

Explanation:

HR functions , to resolve some problems like ,

  • Recruiting the Right People for the Right Job profile
  • Maintaining a Safe and healthy Environment
  • Compensation and Benefits
  • Employer-Employee Relations
  • Training and Development

Along with , listening to the complains and resolving them ,

As in this case , due to lack of clarity of the plan and resolving the conflicts at the work place .

5 0
2 years ago
On January 2, 2015, Moser, Inc., purchased equipment for $100,000. The equipment was expected to have a $10,000 salvage value at
OLEGan [10]

Answer:

a. Debit Depreciation expense $6,400

   Credit Accumulated depreciation $6,400

b. $33,600

Explanation:

Depreciation is the systematic allocation of cost to an asset. It is given as

Depreciation =  (Cost - salvage value)/estimated life

When accumulated over time, it is known as accumulated depreciation which is deducted from the cost to get the carrying amount of the asset.

Depreciation

= (100000 - 10000)/6

=$15,000

Between 2015 and start of 2019 is 4 years hence

accumulated depreciation at start of 2019

= $15,000 × 4

= $60,000

Net book value  = $100,000 - $60,000

= $40,000

If the asset life is to be extended by 3 years, the remaining useful life changes from 2 to 5 years.

New depreciation rate

= (40,000 - 8000)/5

= $6,400

To record this for 2019,

Debit Depreciation expense $6,400

Credit Accumulated depreciation $6,400

The book value of the equipment at the end of 2019

= $40,000 -  $6,400

= $33,600

4 0
3 years ago
In the last decade or so, there has been a dramatic expansion of small retail convenience stores (such as 7-Eleven, Kwik Shop, a
WINSTONCH [101]

Answer:

2) the time consumers save when purchasing goods there.

Explanation:

Their name explains everything. A convenience store is a store where someone can go and purchase goods easily and without any type of difficulty.

Of course a Walmart is cheaper, but will you travel 20 minutes just to get there, and spend 20 more minutes choosing and paying for a cheap good like a Coke, and then 20 more minutes back home. Whatever you save on buying the Coke, you will spend 50 times more in gas and personal time.

So even if a Coke costs $1 more in a 7-Eleven, it is worth it. You will save a lot of money by purchasing your Coke there.

6 0
3 years ago
How do property rights benefit entrepreneurs?
Oxana [17]
Enabling them to purchase capital and use it as they fit. having the rights means they can use the property for martgage and raise loans,or show as an asset and acquire capital on its worth. they can sublet the property and get resources from the rent as well
7 0
3 years ago
Read 2 more answers
Other questions:
  • In Maricaibo, incandescent lightbulbs are being replaced with fluorescent lightbulbs, which have fewer negative effects and many
    14·2 answers
  • If a nation is going to achieve and sustain a high rate of economic growth, it must prohibit low-wage foreign producers from sup
    8·2 answers
  • Greg benefited from his experience working for an established private company that provided innovative lighting for large music
    5·1 answer
  • Fullerton Waste Management purchased land and a warehouse for $720,000. In addition to the purchase price, Fullerton made the fo
    12·1 answer
  • Omni Healthcare's analgesic drug Cetaprin has a 40% share in the analgesics market in the country of Terrania. Its closest compe
    13·1 answer
  • A student was asked to draw an aggregate demand and aggregate supply graphLOADING... to illustrate the effect of an increase in
    12·2 answers
  • The following information is for Punta Company for July: Factory overhead costs were applied to jobs at the predetermined rate o
    13·1 answer
  • How did the McDonald brothers lose the Mcdonalds business?
    15·1 answer
  • What qualities do you personally value in a future apartment? A few options to consider (among others):
    12·1 answer
  • Bea Moran wants to establish a long derivatives position in a commodity she will need to acquire in six months. Moran observes t
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!