The given statement " When determining its marketing mix for a new product, a company decides to price the item in the discount category, with low-cost packaging. The company would most likely choose a minimal promotions strategy with few, if any, broad communications " is TRUE.
Explanation:
The marketing mix relates to the series of measures or strategies used by a corporation to sell a commodity or product on the marketplace.
The 4Ps represent a traditional marketing blend, including price ,product ,promotion and place.
- Define the firm's Single Sales Proposal (USP).
- Describe the brand target audience.
- Define in depth the element.
- Develop a product pricing plan.
- Recognise the market location of the product. Specify the advertising techniques you are using for the product.
Mainly racism means judges anybody to see his / her colour
Answer and Explanation:
The preparation of the multiple step income statement is presented below
Sales revenue $250,000
Less: cost of goods sold -$180,000
Gross profit $70,000
Less
Selling expenses 50,000
Administrative expenses 30,000
General expenses 40,000
Total operating expenses -$120,000
Non operating revenue $100,000
Income before income taxes $50,000
Less: income tax expense -$20,000
Net income $30,000
Answer:
C) problem-solving
Explanation:
Problem-solving team -
The group of people that assemble to work on a project which involves the resolution of one or more problems or issues , which arises to deal effectively with issues .
For a business , a problem - solving team team is assembled for a small period of time to resolve a particular time .
Hence , from the information of the question , the correct answer is problem-solving team .
Answer:
The current ratio is 2.75
The acid-test ratio is 1.36
Explanation:
In order to calculate the current ratio we would have to make the following calculatio:
Current Ratio
=Current Assets/Current Liabilities
Current Assets = Cash + Receivables + Inventory + Other current assets
= 109 + 101 + 189 + 25 = $424 million
Current Liabilities = Accounts Payable + Current portion of long term debt = 112 + 42 = $154 million
Therefore, current ratio=$424/$154
current ratio= 2.75
In order to calculate the acid-test ratio for Airline Accessories we would have to make the following calculation:
Acid - Test Ratio
=Cash + Receivables/Current Liabilities
Acid - Test Ratio=$210/$154
Acid - Test Ratio=1.36
