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UNO [17]
3 years ago
5

Jeffrey is going to sell sporting apparel, which he has already purchased from manufacturers, and has signed a deal agreeing to

the volume he will sell monthly. He has researched his competition, talked to some customers, and decided on prices he will charge. Jeffrey has also developed a plan for promoting his business. Based on this description, which element of the marketing mix does Jeffrey still need to work on?
A. place
B. product
C. price
D. promotion
E. planning
Business
2 answers:
elena-s [515]3 years ago
7 0

Answer:

He has not factored in Place

Explanation:

The place factor in the marketing mix is very important. It is defined by channels that are most accessible to the target client.

For example for fashion products targeted at younger people, using social media will be quite effective to connect with the client.

Also physical location should be accessible and in close proximity to where clients are.

photoshop1234 [79]3 years ago
3 0

Answer: Place.

Explanation:

The marketing mix are those parameters a marketer can influence to increase sales, the market mix include: promotion, price, product and place. Jeffrey has taken necessary steps to plan for other marketing mix except location (place) his product would be sold.

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Gather secondary data by reading what others have experienced and observed. You should begin nearly every research project by re
STatiana [176]

Answer:

C. Periodicals

Explanation:

In this case the most recommended source for use would be the periodicals.

Periodical publications are scientific publications made in electronic or on paper that address different topics and are published at regular intervals. So this would be a good source to enrich a research project with up-to-date information on the subject that you want to collect information about.

5 0
2 years ago
BrainTrust Company produces and sells educational toys for children. In pricing its product, the company needs to make sure it p
gayaneshka [121]

Complete Question:

BrainTrust company produces and sells educational toys for children. In pricing its product, the company needs to make sure it properly estimates its costs. The company can safely estimate that transportation is what percentage of total distribution cost?

a. 50%

b. 75%

c. 30%

d. 100%

Answer:

a. 50%

Explanation:

In this scenario, BrainTrust Company produces and sells educational toys for children. In pricing its product, the company needs to make sure it properly estimates its costs. The company can safely estimate that transportation is 50% of total distribution cost.

In supply chain management, the total distribution cost can be defined as the overall expenses incurred by a manufacturer in the process of delivering finished goods and services from the production stage to the final consumer. The total distribution cost can either be direct or indirect expenses incurred on insurance, handling, storage, shipping, packing and logistics.

<em>Generally, the total amount spent on the movement of goods and services from one location to another, usually accounts for half (50%) of the overall expenses incurred in total distribution cost. </em>

8 0
3 years ago
Some interviewers may use questions to lead the client and sell their own points of view. This is known as ________. a. ​questio
mars1129 [50]

Answer:

The correct answer is letter "A": questions as statements.

Explanation:

Using questions as statements is a selling technique in which the salesperson allows the prospective buyers to lead the interview by their ideas about a project so they implicitly assume they are having the approval of the salesperson on their thoughts which will make them feel more comfortable about the product, thus, increasing the possibility of them making the purchase. Clerks must make sure that most of the ideas of the buyers match the product they are attempting to acquire no to give consumers a false expectation.

7 0
3 years ago
Tatsuo has just been awarded a four-year scholarship to attend the university of his choice. The scholarship will pay $9,000 eac
a_sh-v [17]

Answer:

Value of scholarship today = $30,484.90

Explanation:

The value of the Scholarship is the present value of the annual payment of $9,000 discounted as the annual interest rate of 7% per annum.

This can be computed using the formula below

Present Value = Annual cash flow ×  (1- (1+r)^(-n)/r)

n -number of years, r-interest rate

rate r- 7%, n=4, Annual  cash flow = 9,000

Present Value = 9,000× (1-1.07^-4)/0.07

                      = 9,000× 3.3872

                      = $30,484.90

Value of scholarship today = $30,484.90

4 0
3 years ago
Guy​ Ferrell, a student who lives in the country​ Paragon, observes that analysts are cutting their growth forecasts for the eco
Rama09 [41]

The correct answer to this open question is the following.

The statement, if​ true, that would explain the​ analysts' predictions would be "the Producer Price Index has been steadily increasing over the past few months."

That is what would have been the factor that supports the forecast. Although inflation has been constant at low levels, what changed was the Producer Price Index that is moving up. This factor could modify the results despite inflation is stable at this moment. When inflation is high, it directly affects the price of goods and the consumer.

5 0
3 years ago
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