1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
STatiana [176]
3 years ago
10

Ideally, before a new product is developed, a firm should have a precise protocol, which is a statement that identifies: (1) wha

t the product will be and do to satisfy consumers; (2) specific customers' needs, wants, and preferences; and (3) __________.
a. a clear marketing plan
b. clear financial goals and expectations
c. a well-defined target market
d. a comprehensive SWOT analysis
e. a precise budget of how much can be spent for a new offering's marketing program
Business
1 answer:
Elena-2011 [213]3 years ago
5 0

Answer:

The correct answer is the option B: clear financial goals and expectations.  

Explanation:

To begin with, before a new product is developed a company must follow a precise protocol in which the marketing mix plan is already established and therefore once that the company states the 4Ps of their marketing mix, it establishes the features of the product including characteristics of what it will be and do; the target audience including the costumers' preferences, needs and wants; the distribution channels and the promotion strategy.

To continue, <u><em>the protocol must establishes clear financial goals and expectations</em></u> in order to know how much is available to spend and how much of time will it take to create the product and to obtain the return of investment as well. Therefore, once that the marketing mix is established, the company needs to have in mind their expectations and expenditures.

You might be interested in
Dynamic Apps is an organization specializing in highly specialized technology software, but it found that its original business
Vika [28.1K]

Answer:

The correct answer is True.

Explanation:

In the business world, the only good thing we can get out of the times of crisis is that they give you the opportunity to reinvent your company, products or services completely, whether it is to remain competitive or to survive.

The change may come due to crisis situations, the appearance of new competitors, changes in consumer habits or tastes.

6 0
2 years ago
A regression line is the line that best fits the data, but this does not mean that the fit is good. In other words, there can st
horsena [70]

Answer:

Larger-sq and small Se.

Explanation:

Regression line is a line that clearly describes the behavior of a given set of data.

Regression lines are very essential for forecasting processes. The importance of the line is to describe the interrelation of a dependent variable (Y variable) with one or many independent variables (X variable).

An analyst can forecast future behaviors of the dependent variable by making use of the equation gotten the regression line. This is done by inputting different values for the independent ones. Regression lines are frequently employed in the financial sector.

Financial analysts make use of linear regressions to forecast stock prices, commodity prices and also to carry out valuations for many different securities. Companies use regressions for the purpose of forecasting sales, inventories and a lot of other variables that are needed for strategy and planning. The regression line formula is represented below:

(Y = a + bX + u)

6 0
2 years ago
Peter and Paul shared a sum of money in the ratio of 4:5. If peter got ₱56,000,what was the original amount of money?​
Natalka [10]

Answer:

126,000

Explanation:

56,000/4 = 14,000

5*14,000 = 70,000

56,000 + 70,000 = 126,000

8 0
2 years ago
Suppose the own price elasticity of demand for good X is -3, its income elasticity is -3, its advertising elasticity is 4, and t
WINSTONCH [101]

Answer:i dont know

Explanation:

8 0
2 years ago
Why has le pliage been so successful? to what do you attribute its popularity and longevity? what is the role of the longchamp b
blondinia [14]

Longchamp’s iconic merchandise, Le Pillage is a range of foldable, leather-trimmed nylon bags. The huge success is labelled as “eternal”. Le Pillage’s achievement can be regarded as a perfect practice of marketing mix. Part of 4P model can be used to analyze this case.

Product

Le Pillage’s successful product positioning is “Quality”. Intended as a functional bag, Le Pillage accepted one of the most practical and unusual materials, nylon which is durable, sturdy, light as well as cheap.

Price

Le Pillage’s price plan, that average price is €90, made this sequence of bags reasonable to most of the consumers.

Promotion

In 2006, Le Pliage sprang its first marketing campaign with Kate Moss. Even in this campaign, model didn’t carry Le Pliage, halo effect of Longchamp brand has enthused its trades.

Place

Longchamp brand as the strongest support plays the crucial role in Le Pliage’s successful distribution. 

5 0
3 years ago
Other questions:
  • True or false: by bundling the two books together, book bound can force bookstores to pay more than they would be willing to pay
    12·1 answer
  • New fashion stores inc received 1,000 t-shirts on the first of the month, by the end of the month the company has sold 743 shirt
    12·1 answer
  • Which loan type requires you to make loan payments while you’re attending school?
    8·1 answer
  • Personal values and work values cannot be related.<br> True or false?<br><br> Ill brainly
    13·2 answers
  • Suppose a student has 3 hours of time to spend at her apartment before afternoon classes. She has the option of doing laundry, s
    10·1 answer
  • Assuming that a is positive, theories of short-run aggregate supply are expressed mathematically as a. quantity of output suppli
    15·1 answer
  • According to federal regulations, an irb must have at least two community members to fulfill membership requirements; one member
    15·2 answers
  • Supply-side policy is designed to a. Move the economy from a point inside the production possibilities curve to a point on the c
    8·1 answer
  • Hakeem wants to diversify his investment portfolio. He wants an asset with
    5·1 answer
  • Cash flows from activities include both inflows and outflows of cash from the external funding of a business. True or false?.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!