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crimeas [40]
3 years ago
9

Marketing practitioners commonly refer to the 4 P's of the Marketing Mix: Product, Price, Place and Promotion. In the service en

vironment, however, three additional P's are added due to the unique nature of services. They are:
Business
1 answer:
Bezzdna [24]3 years ago
7 0

Answer:

Process, Physical Evidence and People

Explanation:

Marketing mix is the term which is described as the set of tactics or the actions which a business or a company follows or use in order to promote the product or the brand in the market.

And the 4 Ps of the marketing mix are Promotion, Price, Place and Product. These are related to the product of the business or the company.

For the service environment, there are 3 additional Ps which are consist of People who use the service, Process involve the processing of the service and lastly, the Physical evidence, which states the evidence for the service.

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True or False: Caffeine and other energy boosters can be used to effectively compensate for fatigue.
seropon [69]
True caffeine and other energy boosters can be used to effectively compensate for fatigue.
8 0
3 years ago
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Scenario: You are an American Red Cross Disaster Program Specialist in charge of teams trained to help in sheltering displaced p
lawyer [7]

Answer: NIMS management characteristic Accountability is there in this situation.

Explanation:

The National Incident Management system controls major incidents and coordinates with the person to overcome such incidents based on some management characteristics. Accountability is one such characteristic where the check-in and check out are included.

Therefore, in the above situation, the Principle of Accountability is the management characteristic. According to the principle of Accountability, the manager is responsible to coordinate with the resources. It includes, checks in and check- out, personal responsibility, unity of command, etc.

7 0
3 years ago
A company is evaluating an investment which has an initial investment of $15,000. Expected annual net cash flows over four years
vladimir2022 [97]

Answer:

$850

Explanation:

Data provided in the question:

Initial investment = $15,000

Expected annual net cash flows over four years, R = $5,000

Return on the investment = 10% = 0.10

Present value of an annuity factor for 10% and 4 periods, PVAF = 3.1699

The present value of $1 factor for 10% and 4 periods = 0.6830

Now,

Net present value = [ R × PVAF ] - Initial investment

= [ $5,000 × 3.1699 ] - $ 15,000

= $15,849.50 - $ 15000

= $849.50 ≈ $850

4 0
3 years ago
Richard has $652 in his account and is planning a road trip. He looks at how expensive hotels and sightseeing costs are in certa
Cloud [144]

Answer:

The answer is: Detroit  $196.87

Explanation:

We first must add the cost of visiting the five cities:

Detroit            $196.87

Pittsburgh      $180.32

St. Paul          $102.87

Cincinnati      $155.81

<u>Richmond      $211.86      </u>

Total cost     $847.73

Then we find what is the difference between the total cost and the road trip budget: $847.73 - $652 = $195.73

The cheapest city that Richard can drop is Detroit, by doing so his total expenses will be $650.86, which is below his budget.

4 0
3 years ago
Read 2 more answers
List five of the most widely followed indicators of the economy.
Kobotan [32]

Answer:

1. Gross Domestic Product

GDP represents the market value of all final goods and services produced within a country during a given period. The figure is usually given in nominal and real formats, with real GDP adjusting for changes in monetary value. Given its vast breadth, this indicator is among the most-watched by the financial markets.

The expansion of a country's GDP is indicative of a growing economy, while a contraction in GDP indicates a slowdown in a country's economy. Meanwhile, a country's projected GDP growth rate can be used to determine an appropriate level of sovereign debt or determine if companies operating within the country are likely to experience growth.1

2. Employment Indicators

The productivity and wealth of a country's citizens is arguably the ultimate determiner of economic success. Employment indicators, such as labor force, payroll, and unemployment data estimate how many citizens are employed and whether they are making more or less money than before.

The financial markets carefully watch these employment indicators, especially in developed countries that generate most of their income from domestic consumer spending. A fall in employment is often followed by a fall in consumer spending, which can hurt GDP statistics and overall economic growth prospects.2

3. Consumer Price Index

CPI measures changes in the prices of consumer goods and services that are purchased by households. The index is a statistical estimate created by using prices from a sample of representative items collected periodically. Often times, this measure is used as a gauge of inflation, which can positively or negatively affect a country's currency.3

The financial markets carefully watch CPI figures for signs of inflation. Rising inflation can lead to higher interest rates and reduced lending, while deflation can lead to lower interest rates and greater lending.4

4. Central Bank Minutes

Central banks create monetary policy and exert significant control over a country's economy. Consequently, the financial markets tend to listen closely to every word that central bankers utter publicly for clues about the future. Central bank minutes are formal releases that contain valuable economic commentary that can signal future policy action.5

In the U.S., the Federal Reserve issues what's called the Beige Book, which contains anecdotal information about current economic conditions from each Federal Reserve Bank. Similar notes are released by many other central banks, including the Bank of Japan, European Central Bank (ECB), and others on a regular or semi-regular schedule.6

5. PMI Manufacturing & Services

The Purchasing Manager's Index (PMI) is an economic indicator developed by Markit Group and the Institute for Supply Management. By polling businesses on a monthly basis, the index reflects the acquisition of goods and services by purchasing managers. The two most important surveys are the PMI Manufacturing and PMI Services indices.

The financial markets watch the PMI Manufacturing and PMI Services indices as key leading economic indicators because companies stop purchasing raw materials when demand dries up. This can indicate problems in an economy much before other reports like retail sales or consumer spending

3 0
3 years ago
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