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marishachu [46]
3 years ago
11

A_ defines how the marketing group will use its resources to support the

Business
1 answer:
gizmo_the_mogwai [7]3 years ago
6 0

Answer:

A marketing strategy defines how the marketing group will use its resources to support the  company's goals for growth and earnings.

Explanation:

A marketing strategy can be defined as how the marketing group will use its resources to support the company's goals for growth and earnings. In the general sense, a marketing strategy is a company's overall plan on how it will achieve it's goals. The specific goals are usually on how to effectively reach the consumers and convert them into loyal customers. A marketing strategy usually consists of the following major aspects, including; the key message, target audience demographics, and the company's value proposition. Marketing strategies should consider targets in the long-term thus should be very broad and specific to organization overall needs.

A marketing strategy that has been keenly created should seek to promote the company's value proposition. A company's value proposition tends to outline the company's competitive advantage over rival companies. Thus when the strategy involves strategies that focus more on the company's strength, there is a higher chance of success in gaining more customers over business rivals.

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If she sells 3 she's not getting her money back
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3 years ago
A company factored $40,000 of its accounts receivable and was charged a 3% factoring fee. The journal entry to record this trans
bezimeni [28]

Answer:

Correct answer is B, Debit cash $38,800, debit factoring fee expense $1,200 and a credit of Accounts receivable of $40,000

Explanation:

Factoring is one way to raise fund for immediate use of the company. It is a way to sell accounts receivable of the company. The above-mentioned problem is to sell accounts receivable (factored) with the corresponding factoring fee of 3% and that is $1,200 (40,000 x 3%). In effect of this fee, the company will receive cash less than the amount of its accounts receivable sold. The company will record the inflow of cash at $38,800 (40,000 - 3%) and will also recognize an expense incurred during the factoring in the amount of $1,200 and finally will credit the sold accounts receivable in the amount of $40,000.

3 0
3 years ago
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Sliva [168]

<em>It can be </em><em>challenging to define and apply the term "new" </em><em>to items. One can consider it from an</em><em> organizational, consumer, or even legal standpo</em>int.

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Products that are new to the company, meaning that while other companies may have created or sold them before, the company has never done so. Products that have just entered the market and have never before been available there

learn more about new to the company product here <u>brainly.com/question/14094175</u>

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6 0
2 years ago
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Neko [114]
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3 years ago
What are three goods provided by the federal government?
Rudiy27
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