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Eduardwww [97]
3 years ago
6

Environmental scanning would be MOST important for which of the following organizations? a. A manufacturer of household linens b

. A provider of hospice services for the terminally ill c. A neighborhood sewer and water utility d. A web design company catering to small businesses
Business
1 answer:
CaHeK987 [17]3 years ago
6 0

Answer:

The correct answer is letter "D": A web design company catering to small businesses.

Explanation:

Environmental scanning is a research conducted by a company in the attempt of finding out what is happening in the market and inside the organization. The SWOT (<em>Strengths, Weaknesses, Opportunities, and Threats</em>) analysis is the most used tool to conduct environmental scanning. The study aims to unveil chances from where the organizations can take advantage to make profits.

In such cases, <em>a web design company could use environmental scanning to spot small businesses without web pages or with web pages with poor designs so they can help small businesses to improve their online marketing interface. Eventually, the web design company will be benefited from the revenues of its works.</em>

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uestions 1. How has an understanding of consumer behavior helped Coppertone grow in the United States and around the globe? 2. D
aniked [119]

Explanation:

1. This knowledge has enabled them to quickly adapt to the needs of its consumers in the United States and around the world.

2. The five stages of the purchase decision process are problem identification, search for information, comparing alternatives, the decision to buy, and the post-purchase feedback.

1. Problem identification involves recognition by customers that they have a problem.

2. Search for information is a stage in which these customers look for the solution to the identified problem.

3. Comparing alternatives requires customers to compare and contrast solutions offered by companies in terms of their cost advantages and disadvantages.

4. The decision to buy stage is when the customer decides to buy the product from Coppertone based on perceived advantages from their comparison of solutions.

5. Post-purchase feedback by consumers is a measure of the performance of the product they bought.

<u>3. i) Situational influences: </u>this could be thoughts about spending time outdoors at the beach or going on a road trip.

<u>ii) Psychological influences: </u>this may be in the form of self-awareness about the need to protect their skin and to improve their general well-being.

<u>iii) Sociocultural influences: </u>they probably came from a  background where beauty treatments are esteemed and part of their culture.

4. Interestingly, Coppertone is one of the major sponsors of the U.S. women's and U.S. men's soccer teams. It also does TV, social media, other digital marketing campaigns.

5. i) They face the threat of unstable demand since they deal with a seasonal product.

ii) Constant product innovation is very much needed in order to meet customer needs.

<u>Recommendations are:</u>

i) Publicity campaigns should be carried out to encourage all-round usage, to avoid the habit of customers waiting for the season before purchasing the product.

ii) Creating new Innovative products should be a priority for the organisation in order to appeal to their needs.

5 0
3 years ago
True or False: Computing interest using the sum-of-the-digits method allocates more interest at the beginning of a loan than at
Serhud [2]

Answer:

True

Explanation:

To illustrate how the sum-of-the-digits method allocates interest we can use a lease example:

You are the lessor and you will lease a machine during 4 years. The lease requires 4 equal payments of $100,000 at the beginning of the year. After the lease, the asset's salvage value = $0.

The asset's current value = $300,000, so total interests received = $100,000

Using the sum-of-the-digits method, you will allocate interest as follows:

  • year 1 = 3/6 x $100,000 = $50,000
  • year 2 = 2/6 x $100,000 = $33,333
  • year 3 = 1/6 x $100,000 = $17,000

The largest portion of interests is allocated during the beginning of the loan.

5 0
3 years ago
Dallas Boot Corporation has been asked to submit a bid on supplying 1,000 pairs of military combat boots to the Armed Forces Tra
Kipish [7]

Answer:

Dallas Boot Corporation

Assuming that there would be no commission on this potential sale, the lowest price the firm can bid is some price greater than:_________

= $20.

Explanation:

a) Data and Calculations:

Pairs of military combat boots on the bid = 1,000

Direct material                                     $8

Direct labor                                            6

Variable overhead                                3

Variable selling cost (commission)      3

Fixed overhead (allocated)                  2

Fixed selling and administrative cost  1

Total cost of production and sales $23

Less commission                                 3

Total cost per boot                         $20

b) The bidding price less sales commission will be a price that is greater than $20 per boot.  The extra amount per boot will cover the profit expected from the transaction.

7 0
3 years ago
Making decisions and taking actions to achieve a superior fit between the organization and its environment is.
MaRussiya [10]

Answer:

Making decisions and taking actions to achieve a superior fit between the organization and its environment is. strategic management

What is strategic management?

a process that uses vision, goals and objectives, internal, and external analysis, and implementation levers that can be used to help formulate and implement strategy.

8 0
2 years ago
Unlimited liability for sole proprietors means that​
astraxan [27]

Answer:

Sole proprietors and partners have unlimited liability. The unlimited liability means that if you're unable to repay the debts of the business, your creditors can go after whatever you own

6 0
2 years ago
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