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3 years ago

What is marketing mix definition

1 answer:

7 0

<span>The definition of marketing mix is the tactics employed by a company for promoting its product or brand in the market for moving ahead of its competitors. A mix of 4 P’s actually completes the marketing mix. Now the question that might cross your mind instantly is what are the 4 P’s? The first P is Price, the second P is the Product, third P signifies Promotion and the last but not the least important P or the fourth P is the Place.</span>

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Bear Publishing sells a nature guide. The following information was reported for a typical month: Total Per Unit Sales $ 17,600

avanturin [10]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Sales= $17,600 ($16.00 selling price per unit)

Contribution margin 7,920

Fixed expenses 3,600

First, we need to calculate the unitary contribution margin:

Units sold= 17,600/16= 1,100 units

Unitary contribution margin= 7,920/1,100= $7.2

Now, using the following formulas, we can calculate the break-even point in units and dollars:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 3,600/7.2= 500 units

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 3,600/ (7.2/16)

Break-even point (dollars)=$8,000

7 0

3 years ago

How are SAE programs expanded and/or diversified?

harkovskaia [24]

Answer:

The SAE programs could be extended even diversified using the following techniques.

Explanation:

Increased self-employment has led to something like the SAE programs.
Rather than growing the breadth of this. The concept seems to be the volume, gross margin, quantity of acres, respectively.
By introducing or growing new goods as well as companies. This would be referred to those as diversification.
Whilst also connecting to the awareness acquired via the SAE programs.

8 0

2 years ago

our Grandfather wants to establish a scholarship in his father’s name at a local university and had stipulated that you will adm

inn [45]

Answer:

The correct answer is Option A. you will need to deposit $111,111 so that you can fund the scholarship forever, assuming that the account will earn 4.50% per annum every year.

Explanation:

Perpetuity is the cash flows to be receivable for an unspecified period of time. The present value of a perpetuity is calculated as the cash flows divided by the interest rate provided.

Given data;

Amount needed to be deposited = $5000

Interest rate = 4.50%

Present Value of Perpetuity = Cash Flows ÷ Interest rate

= $5000 ÷ 0.045

= $111,111

3 0

2 years ago

Horatio has taken out a $12,450 unsubsidized Stafford loan to pay for his four-year undergraduate education. The loan has an int

abruzzese [7]

Answer:

Explanation:

We solve by first, getting the quota Horatio pays on his loan:

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV 12,450

time: 10 yearss x 12 months per year = 120

monthly rate: 7.3% / 12 = 0.006083333

$12450 \div \frac{1-(1+0.006083333)^{-120} }{0.006083333} = C\\$

C $ 146.487

Now, we miltiply the quota by the quantity of payment ans subtract the principal to get the amount of interest paid:

quota times quantity of monthly payment: total amount paid

less principal: interest paid.

146.49 x 120 - 12,450 = 5,128,80

4 0

3 years ago

A local college of business offers an outstanding business school education. Cali pays the tuition to attend and earns her MBA w

GrogVix [38]

Answer:

Yes, there is marketing exchange.

Explanation:

Marketing exchange is the exchange which happens or take place when two or more people trade services or goods. In theory of marketing, each exchange is supposed to have a utility.

So, in this case, there is marketing exchange of paying the tuition fees for or against the knowledge and it directly lead to the new job of Cali.

8 0

2 years ago