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jeka57 [31]
3 years ago
5

Where would it be right to apply the product concept?

Business
1 answer:
Nady [450]3 years ago
6 0

Answer:

In marketing

Explanation:

The Product concept is the understanding of the best features of a product which a marketer wishes to sell. Before a product is sold, it is very important that the marketer gets a proper understanding of the product. This knowledge would help him convince the customer that the product is the best and would actually meet his needs.

For producers, realizing this need of customers would help them focus on making products with superior quality that can as well meet the requirements of customers. These products should also be able to thrive in a very competitive environment.

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Name three pieces of information you may need when obtaining a car insurance quote.
Salsk061 [2.6K]

The agent will probably further inquire about the following to give you an estimate on auto insurance:

  • Individual data.
  • driving history
  • additional background

<h3>A car insurance quotation is what?</h3>

A car insurance quotation is an estimate of your monthly premium. No two quotes will be identical, regardless of whether you provide Geico, Progressive, or any other carrier with the same information, as each insurer uses a separate algorithm to calculate a car insurance price.

<h3>What are the three things to think about while purchasing car insurance?</h3>

Particular Elements That Affect Your Rate

  • Your driving history — drivers with a history of infractions or collisions are viewed as higher risk.
  • Urban locations have more claims than rural areas in terms of your geographic territory.
  • Your age and gender- Certain age groups and males have more claims and accidents, respectively.

Learn more about car insurance quote: brainly.com/question/3705016

#SPJ13

5 0
1 year ago
Assume a central bank follows a rule that requires it to take steps to keep the price level constant. If the long run price leve
Gre4nikov [31]

Answer:

a) the central bank would have to decrease the money supply which would decrease output.

Explanation:

In the case when the long run price would fall due to the reduction in the aggregate demand and there is a rise of short run aggregate supply so the central bank would have to reduce the money supply due to this it automatically reduced the output as it shows the direct relation between the money supply and the output

Therefore the correct option is a.

4 0
3 years ago
The largest​ consumer-products company in the​ world, procter​ &amp; gamble​ (p&amp;g), is in the process of selling more than h
kari74 [83]

This would be a focused growth strategy. P&G is divesting of some of their brands so that they can pay more attention to (focus on) their core brands. Sometimes businesses expand too much and lost the essence of what the company was founded upon.

4 0
3 years ago
A common size income statement:_______.
yulyashka [42]

Answer:

The correct answer is letter "B": expresses items as a percentage of net sales.

Explanation:

A Common Size Income Statement reflects a percentage of net sales for each account. Common size income statements are basic tools that a business owner may use to compare the performance of his company to rivals or to compare the company to industry averages. Each line in this type of income statement is displayed as a percentage of revenue or sales and the amounts are compared to past performances which allow to observe the different values easily.

7 0
4 years ago
Assume Gillette Corporation will pay an annual dividend of $0.65 one year from now. Analysts expect this dividend to grow at 12%
soldi70 [24.7K]

Answer:

In order to find Gillette's value of a share we need to use the multi stage model and find what will its dividend be at the end of the 5th year

The dividend of the first 5 years can be calculated by multiplying the previous one by 1.12

Dividend 1 year from now = 0.65

Dividend 2 years from now= 0.65*1.12=0.728

Dividend 3 years from now=0.728*1.12=0.81536

Dividend 4 years from now= 0.81536*1.12= 0.913203

Dividend 5 years from now=0.91320.*1.12= 1.022788

After this the growth level will be 2% so we can find the 6th years dividend by multiplying 1.022788 by 1.02 and we will get 1.043243

Now we can calculate the share price will be after 5 years by using the DDM

D1/(R-G)

D1= 1.0432

R= 0.08

G= 0.02

1.0432/0.06= 17.38

Now in order to find the current price we need to discount this price to find the present value we can do this by using its cost of capital as the discount rate.

17.38/1.08^5

=12.98735

Explanation:

5 0
4 years ago
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