Answer: Integrated Marketing communication.
Explanation:
Integrated marketing communication is a form of marketing strategy, where a business brand sends out several interconnected adverts and promotions, which all function to highlight the need for a consumer to purchase a certain product/service.
A reasonable man would attach decision making important to the omitted information.
Answer:
Line production system
Scale of production
Development of Factories
Development of Capital Machinery
Development of Capital Goods Industry.
Explanation:
Line production system: This system was adopted in manufacturing companies to divide the tasks between the workers so a product can be manufactured in the fastest way possible
Scale of production: The manufacturing industry develop high levels of production that allow surpluses of production of goods in the economy.
Development of Factories: The manufacturing industry was the first in organize the Plant for production purposes. Therefore, the creation of what is nowadays known as factories was a consequence of this organization.
Development of Capital Machinery: Manufacturers Researched and developed new machines to improve the times of production. With time this technology was used for more industries to achieve fast performances.
Development of Capital Goods Industry: As machines were developed the industry of Capital goods arose and became an important source of technology for companies.
Answer:
compitition of the bussiness
Answer:
Identifying the amount by which the costs of existing products must be reduced to achieve a target profit margin.
Explanation:
Target costing refer to an act of setting a target cost by deducting from a competitive market price a desired profit margin. A target cost is the targeted maximum cost that is allowed to be incurred on a product.
The aim of the target costing to ensure that cost is reduced to a desired level determined through the process of target costing.
By implication, the purpose of the target costing is to identify a particular cost of production for a good that will produce the desired profit margin when the good is sold.
Therefore, the correct option form the question is that target costing is directed toward identifying the amount by which the costs of existing products must be reduced to achieve a target profit margin.
