Which central tendency is most suitable for measuring average rate growth

The set of marketing tools a firm uses to implement its marketing strategy is called the ________.

Naily [24]

Answer:

<u>Marketing mix.</u>

Explanation:

Marketing mix is defined as a set of elements that make up marketing actions in an organization. According to Kotler, the purpose of the marketing mix is to help the company achieve its goals in the market by using a set of marketing tools.

There are several models developed to represent the marketing mix, but the most used by organizations is represented by four essential pillars for the development of any marketing strategy, which are the 4P's of marketing: <u>product, price, place and promotion</u>. For each variable there are distinct and relevant activities:

Product: Differentiation of design, packaging, brand. Warranty Policy
Price: Discounts and terms of payment and financing.
Place: Store, distribution channel, logistics.
Promotion: Advertising, promotions.

8 0

3 years ago

_______ used to create an application that is helpful in designing business process models and also helpful in simulating, optim

mina [271]

Answer:

Business Process Management Tools

Explanation:

According to my research on different business processes, I can say that based on the information provided within the question the term being described are called Business Process Management Tools. Like mentioned in the question these are tools that assist an organization accomplish certain goals in their everyday functions, such as simulating, optimizing, and monitoring.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0

2 years ago

Sharp Screen Films, Inc., is developing its annual financial statements at December 31, the current year. The statements are com

elena-s [515]

Answer:

Detailed step-wise solution in tabular form is given below:

4 0

3 years ago

True or False: If Kevin's Fire Engines were a competitive firm instead and $160,000 were the market price for an engine, decreas

Feliz [49]

Answer:

False

Explanation:

Kevin should not rise the level of production from 5 to 6 as the impact of the price dominates this situation

Also the market is not depend on the Kevin fire engines because of the competitive market

Plus the supply and demand relation is inverse and not depend on the change in price level in a competitive market

If the price is decreased from $160,000 to $120,000 so the quantity of the production would not be impacted

In addition to this, the total revenue could be impacted when there is a reduction in the price that produced more sale due to this there is a slightly change in upward and downward

Also the change would never be in the similar production as compare to the change in price

Therefore the given statement is false

8 0

3 years ago

Two managers in the research and development department of a company disagree on whether their organization should outsource dev

Allushta [10]

Answer:

Intragroup.

Explanation:

A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information. Also, they are required to engage their staff members (entire workforce) in the most efficient and effective manner.

A functional (departmental) organizational structure is a type of structure used to organize staffs by dividing them into various departments based on their skill set, roles or functions and knowledge.

These departments which are vertically structured may include, finance, IT, sales and marketing, research and development, customer service etc. Also, the various departments are headed by a functional manager who are saddled with the responsibility of overseeing, managing and reporting to the executive management.

In this scenario, two managers in the same department of a company disagree on whether to outsource the development of a new product or staff it internally. Thus, this is an example of intragroup conflict because its happening within the same department of an organization having common goals and interests.

An intragroup conflict can be defined as a type of conflict that arises between individuals belonging to the same team or group.

5 0

3 years ago

Which central tendency is most suitable for measuring average rate growth ​

Which central tendency is most suitable for measuring average rate growth