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Yuki888 [10]
3 years ago
15

Creative locations, such as kiosks at the baggage claim in airports or small booths in grocery stores, represent Starbucks' effo

rt to improve its offering on which dimension of the marketing mix? Group of answer choices product promotion price perception place
Business
1 answer:
Sergio [31]3 years ago
5 0

Answer:

The answer is Place. Option E.

Explanation:

In the marketing mix which constitutes; product, promotion, price, and place, the process of moving products from the point of production to the point(s) where the customers can access them is called place.

Put simply, it is the way in which a manufacturer's product is bought and where it is bought. This movement of products could be achieved through the use of one or a combination of the following intermediaries:

  • Distributors,
  • Wholesalers, and
  • Retailers.

Therefore, the creative locations in the scenario above represent the marketing mix dimension of place, because it is the effort of Starbucks to make its product available to its customers at different locations.

You might be interested in
Managerial Economics as a specialized branch of EconomicsA. Provide ready-made solutions to business problemsB. Provide logic an
Y_Kistochka [10]

The correct answer is choice b.

Managerial Economics deals specifically with the application of economic concepts, theories, tools, and methodologies in order to solve practical problems in a business. This definition aligns with choice b, which is to provide logic and methodology to find solutions to business problems.

5 0
3 years ago
Interest rates rise faster in Scotland (GBP) than they do in the United States (USD). Which nation’s currency appreciates? Which
patriot [66]

There is very simple logic between demand and supply. When demand is high, price rises and currency appreciates in its value. On the other hand, price should decline if import rate is mare compared with export rates. As prices of U.S goods increases which ultimately goes to international market where producers have to pay domestic currencies. Americans will demands comparatively less expensive goods. So it will result in supplying more dollars to foreign exchange market.

Finally, increasing demand of pounds. Finally, U.S dollars appreciates and pound depreciates. Trade value is amount by which total import value deviates from export value. Due to changes in interest rates results in trade imbalance in U.S. There is not greater effect on Scotland as it is key player in transporting of energy products to rest of U.K.

6 0
3 years ago
AV Sales has net revenue of $513,000 and costs of $406,800. The depreciation expense is $43,800,interest paid is $11,200, and di
vredina [299]

Answer:

addition to retained earnings is $34,304

Explanation:

 Revenue                        =  $513,000

- Costs                              <u>= $406,800</u>

Gross Profit                       =  $106200

-  Depreciation expense  =   $43,800

-   Interest paid                  <u>=   $11,200</u>

Profit before tax                =   $51,200

-   Tax 33%                         =   $16,896

Profit after tax                    =   $34,304

*Profit after tax is actually addition to Retained earning the dividend payment is made from the Retained earning account after that.

6 0
3 years ago
Soap Company manufactures soap X and soap Y and can sell all it can make of either. Hours available to produce the products are
Nastasia [14]

Answer:

It would take 162 minutes to make one unit of product X.

Explanation:

Giving the following information:

Hours available to produce the products are the constrained resources.

Soap could reduce the processing time for X by 10 percent.

X Y

Sales Price $20 $25

Variable Cost 14 15

Hours needed to process 3 5

<u>First, we need to determine the number of minutes required to make one unit of Product X under the new method:</u>

Number of minutes required= (3*60)*0.9= 162 minutes.

It would take 162 minutes to make one unit of product X.

B) False. The contribution margin per hour of Product B is higher than product Y.

C) False. The contribution margin per hour of $2 was before the improvement in product X.

D) False. Product Y has a higher contribution margin per unit but lower compared to the contribution margin per hour.

6 0
3 years ago
On January 1, 2012, Uncle Company purchased 80 percent of Nephew Company’s capital stock for $672,000 in cash and other assets.
Inga [223]

Answer:

a. $51,840

b. $15,440

Explanation;

a. First find the excess fair-value allocation;

= Fair value of Nephew - Book Value

Fair Value = Uncle ownership + Non-controlling interest

= 672,000 + 168,000

= $840,000

Excess fair value = 840,000 - 806,000

= $34,000

Any excess fair-value allocations are amortized over a 10-year period;

= 34,000/10

= $3,400

The Income to be recognized will be reduced by this yearly amotization so the 2014 income recognized by Uncle would be;

= (Nephew income - Amortization) * Uncle ownership stake

= ( 68,200 - 3,400) * 0.8

= $51,840‬

b. Nephew Company also owns 30% of Uncle which means that they will receive 30% of Uncle dividends.

= 0.3 * 30,000

= $9,000

Added to their own income;

= 9,000 + 68,200

= $77,200

The Non-controlling interest owns 20% so the income they will recognise is;

= 0.2 * 132,100

= $15,440‬

6 0
4 years ago
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