Answer:
1. Marketing strategies
2. Marketing Strategies
Explanation:
Marketing strategies are simply a set of procedures or actions a company and/or a seller intends to undertake to sell a product or service to the end user, with a view to earning a profit. Marketing strategies understand that there are many goods chasing fewer buyers. Hence, the competition is often stiff. In a bid to gain a competitive advantage and an edge, a good marketing strategies is very critical to a business concern.
There are basically 4 elements of marketing:
- Price
- Promotion
- Product, and
- Place
Price is simply the amount the end user intends to pay for a product. It is an acknowledged fact through the study of consumer behavior that consumer will buy more of a go when the price is low, compared to when high. This is bearing that they both have same quality content. Thus, pricing is a critical element of marketing as its proper application is incidental to a firm gaining its competitive advantage. Hence, a seller must have the propensity to change price often, rapidly and aggressively in response to competitors' price changes.
Additionally, Proper pricing should not be viewed in isolation. Other elements of marketing are also critical to understanding appropriate marketing strategies. Making products stand out through requisite promotion strategies - advertisements, publicity, fairs and all, make pricing more competitive.
Also, a product with good and high quality easily wins the heart of a consumer than otherwise. Thus, to be competitive, a seller must come up with a product of good quality and rating. And when a consumer sees that there's value for money, he's inclined to paying more.
Strategically placing your product where it'll easily contact the prospective buyer goes a long way in being competitive and taking the advantage of the pricing decision.
Answer:
<u>The overall effect on the company's monthly net operating income of this change is $40,960</u>
Explanation:
New contribution margin ($154 - $11)=143
New unit monthly sales (9,800 + 320)=10,120
New total contribution margin (10,120 units * 143 per unit)= 1,447,160
Present total contribution margin (9,800 units * 154 per unit)=1,509,200
Changes in total contribution margin=(62,040)
Plus Savings in sales person's salaries= 103,000
Change in net operating income $40,960
Answer: The correct answer is "CFO".
Explanation: A CFO (Chief Financial Officer) is responsible for the economic and financial planning of the company. It is who decides the investment, financing and risk in order to increase the value of the company for its owners (whether shareholders or partners). It provides financial, accounting knowledge and in general an analytical look at the business. In many cases he is also the strategic affairs advisor for the CEO.
Therefore, if he is guilty of serious misconduct, he may subject the company to large losses in financial wealth.
Answer:
B) Company HD has more net income.
Explanation:
The total debt to capital ratio is calculated by dividing total liabilities by the sum of total shareholders' equity + total debt:
- debt to capital ratio = total debt / (total debt + total equity)
Since company HD uses more debt to finance its operations, its net income will be lower since it has to pay more interests, but its ROE will be higher since equity is much lower also. Companies that use a lot of financial leverage are more risky but at the same time can generate higher returns to their owners.
Answer:
C) Sales Tax
Explanation:
The Government-wide Statement of Activities shows the revenues and expenses of the government and the general revenues indicate all the taxes, aid received from other governments and earnings from investments. According to that, the answer is that the option that is considered a source of general revenue in the Government-wide Statement of Activities is sales tax.
