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4 years ago

After segmenting and defining their target markets, what should retailers do next?

2 answers:

7 0

After segmenting and defining their target markets, the next step must retailer should do is to find a marketing and sales strategies. This process will answer the question "How are you going to market your business and your sales strategies". So, as a retailer, you must use and effective marketing strategies and sales strategies to catch your customers.

DIA [1.3K]4 years ago

4 0

After the segmenting and defining their target markets, the next step that the retailers should take into consideration is the type of goods that they are going to sell. This answers the question, "What?" For example, being located near the schools, their target market are the students and they should also consider what type of goods are the students mostly in need of.

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Discuss the difference between organizational objectives and strategies.

densk [106]

Objectives are like goals that you want to accomplish, strategies are the methods to get there

3 0

3 years ago

if a customer makes a partial payment of $100 on a service for which you have already billed him, you would record this transact

Anna35 [415]

You would record this transaction into the accounting equation by: increasing cash and decreasing accounts receivable

<h3>What is accounting?</h3>

Accounting refers to the process of keeping track of a company's financial transactions. Summarizing, analyzing, and reporting these transactions to oversight organizations, regulatory bodies, and tax collection organizations are all parts of the accounting process.

The financial statements that are used in accounting provide a succinct overview of all financial transactions that took place during a given accounting period, including information on a company's operations, financial situation, and cash flows.

One of the essential duties in practically any firm is accounting. In a small business, it might be handled by a bookkeeper or an accountant; in larger corporations, it might be handled by vast financial departments with dozens of staff members.

Management may greatly benefit from the data produced by different streams of accounting, including cost accounting and managerial accounting, in order to make wise company decisions.

Learn more about accounting

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4 0

2 years ago

If property rights are not well enforced, all of the following are likely to occur except;_________

aleksandrvk [35]

Answer:

If property rights are not well enforced, all of the following are likely to occur except;_________

A. a significant number of people will be willing to risk their funds by investing them in local businesses.

Explanation:

Other options are likely to occur, except option A. Investors cannot risk their capital investing in the local economy. This is the fate of an economy where property rights are not protected. This also underlines the need for each government to ensure that property rights are recognized and legally protected.

8 0

3 years ago

Gary is a self-employed accountant who pays $2,000 for business meals. How much of a deduction can he claim for the meals and wh

bonufazy [111]

Answer:

He can Claim a 50% deduction on the Schedule C Business Expense Deductions

Explanation:

Business Meals fall under the category of the small businesses tax deductions made available under Schedule C by the Internal Revenue Service that can small businesses can take advantage of.

The business owner or employee must be present at the meal.
The meal must not be extravagant under any circumstances.
The meal must be an ordinary and necessary part of carrying on businesses.

Gary as a self-employed accountant is a small service provider who can take advantage of this deduction.

5 0

4 years ago

Innovative Products reported net income of $222,000. Beginning and ending inventory balances were $45,000 and $46,000, respectiv

Vlad [161]

Answer:

net operating cash flows = $218000

Explanation:

given data

net income = $222,000

Beginning inventory = $45,000

ending inventory = $46,000

Beginning Accounts payable = $38,500

ending Accounts payable = $35,500

to find out

net operating cash flows

solution

first we get here Increase in Inventory that is

Increase Inventory = ending inventory - Beginning inventory .......................1

put here value

Increase Inventory = $46,000 - $45,000

Increase Inventory = $1000

and

Decrease in Accounts payable will be here as

Decrease in Accounts payable = Beginning Accounts payable - ending Accounts payable ........................2

put here value we get

Decrease in Accounts payable = $38,500 - $35,500

Decrease in Accounts payable = $3000

so net operating cash flows will be

net operating cash flows = Net Income - Increase Inventory - Decrease in Accounts payable .......................3

put here value

net operating cash flows = $222,000 - $1000 - $3000

net operating cash flows = $218000

8 0

3 years ago

After segmenting and defining their target​ markets, what should retailers do​ next?

After segmenting and defining their target markets, what should retailers do next?