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zepelin [54]
3 years ago
7

Explain the key function of the marketing manager..

Business
1 answer:
harina [27]3 years ago
5 0

Marketing manager analyze the demand regarding the product as well as the trend.

Explanation:

Marketing manager has to perform various responsibilities, they are as follows-

<u>Coordinates and advises various business activity</u>

A marketing manager looks after various activities such as packaging, storage, advertisement, transportation, sales  as well as purchase

<u>Identifying market potentials</u>

A marketing manager always look after the potential of the markets , the manager also keep knowledge regarding the product that is in demand, as well as look after the trend .

<u>Launch attractive product</u>

A marketing manager always try to produce new product that would attractive to the consumers and try to satisfy the demand of the consumers.

<u>Create a good market plan</u>

A marketing manager always has to make a good plan. A manager has to focus on which product need to be produced, how the packaging should be done, how to improve the storage, what will be the strategy for advertisement.

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For the quarter ended March 31, 2020, Croix Company accumulates the following sales data for its newest guitar, The Edge: $321,6
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Answer:

$13,800

Explanation:

Static budget report for the second quarter and for the year to date

PRODUCT LINE: BUDGET; ACTUAL; DIFFERENCE; REMARK

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Production line = Guitar:The Edge

Budget =$380,800

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Answer:

The correct answer is letter "C": diseconomies of scale.

Explanation:

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In marketing, the unique selling proposition (USP), also called the unique selling point, or the unique value proposition (UVP) in the business model canvas, is the marketing strategy of informing customers about how one's own brand or product is superior to its competitors (in addition to its other values).

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A start-up internet service provider expects to gain money in each of the first four years. Gains are projected to be $50 millio
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Answer:

A. Draw the cash flow diagram.

since the site doesn't include a drawing tool I just prepared a table to depict cash flows associated to years one through four:

Year                   Cash inflows

1                            $50 million        

2                           $60 million  

3                           $70 million  

4                           $100 million  

B. What is the present worth of the gains for the first three years?

  • the present value of the first three cash flows = $50/1.1 + $60/1.1² + $70/1.1³ = $45.45 + $49.59 + $52.59 = $147.63 million

C. What is the present worth of the gains for all four years?

  • the present value of the first three cash flows = $50/1.1 + $60/1.1² + $70/1.1³ + $100/1.1⁴ = $45.45 + $49.59 + $52.59 + $68.30 = $215.93 million

D. What is the equivalent uniform annual worth of the gains through year four?

  • equivalent annual worth = (NPV x r) / [1 - (1 + r)⁻ⁿ] = ($215.93 x 0.1) / [1 - (1 + 0.1)⁻⁴] = 21.593 / 0.31699 = $68.12 million

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3 years ago
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