Answer: The answer is given below
Explanation:
My assessment of the Under Armour’s performance downturn in North America that first appeared in the fourth quarter of 2016 was that Under Armour’s 2016 downturn was caused as a result of the reduction in the sale and earnings outlook.
Also, the weakened demand that occurred in North America had a negative effect on demand and resulted in the company dropping from 25.7% in the first quarter, to 21.5% in the second quarter and about 15.6% in the third quarter.
Step 5 in the marketing plan process is when a firm evaluates the outcome of the strategy and implementation process.
<h3>What is the marketing plan process?</h3>
This is the approach that is taken towards meeting the goals of marketing.
<h3>The steps includes</h3>
- Set the objectives
- Formulation of strategy
- control
- review
- analysis
Read more on the marketing plan process here:
brainly.com/question/9027729
Answer:
c. Equilibrium quantity would decrease, but the impact on equilibrium price would be ambiguous.
Explanation:
When the demand decreases along with the decrease in supply, obviously the equilibrium quantity will also decrease, to match the level of supply and demand.
But the price cannot be fairly estimated as because the supply is decreased the prices shall increase for equilibrium but as the demand has also decreased the prices shall decrease in order to match the equilibrium.
Thus, the price is ambiguous but definitely the quantity shall stand decreased for equilibrium.
