The five marketing strategies includes strategies on 5P's which includes Price, Product, Promotion, Place and People.
The retailers are basically people who sells goods in smaller quantity to the final consumer in the chain of distribution.
The five marketing strategies they spend half of their annual budget on includes on the following:
- Price: The retailers ensures that prices of their product are reduced below cost price to persuade consumers to buy from them.
- Product: The retailers need to ensure that varieties of product are available in the stores to satisfy the consumers need.
- Promotion: Various advertisement and others strategy to persuade consumers needs funds to make successful.
- Place: The store and outlet need to be where is more favorable and comes with high cost of expenses for the retailers.
- People; The consumers are given discounts and other incentives to persuade them to come and buy more goods from the retailers.
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The answer is C) communist ideology because all other are the factors of production except this one.
Planning is the management process that Pedro is using.
Answer: Option A.
<u>Explanation:</u>
Management process is the process that has certain steps and procedures in it that a business organisation needs to follow to achieve the goals of the organisation and for the betterment of the business organisation for which the employers are working.
The various steps and procedures of the management process are planning, organizing, managing, leading, controlling and so on. Planning is the management process in which all the resources needed to achieve the organisational goals are planned and there is proper thinking before acting to achieve the goals.
Answer:
$0
Explanation:
Scott Company must record the warranty expense and liability regarding the products sold during the years that they occur. For example, the following journal entry must be made to record the warranty expense for year 1:
Dr Warranty expense 25,000
Cr Warranty liability 25,000
During year 2, they will record the warranty expense for that year:
Dr Warranty expense 20,000
Cr Warranty liability 20,000
That means that during year 3, the only warranty expense recorded will be the one related to the goods sold during that year.
Answer:
A person who works in a company belonging to another country is called an expatriate. These high-ranking personnel are generally sent to other countries, mainly to promote the organizational culture of the company and for corporate purposes to be fulfilled.
It can also be used to train staff in the new country where there are expansion plans.
For example: An operations manager who is moved to another country to manage a new plant of a group, this will be responsible for promoting knowledge and align the ideas of the parent company with the company of the other country.
