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artcher [175]
3 years ago
14

Quattlebaum Widgets is creating a company strategy to expand its market to include teens, as well as children and adults. When e

valuating this segment of the market, its marketing department finds that teens have longed for widgets that can simultaneously help them with their homework and solve their problems with acne. Which element of the marketing plan should Quattlebaum Widgets address in meeting this need?
A) Place
B) Price
C) Product
D) Promotion
Business
1 answer:
stepan [7]3 years ago
7 0

Answer:

C) Product

Explanation:

There is fours Ps in the marketing mix

A. Place: The place denotes the location at which the product is sold and buyed

B. Price: The price is the key element of the product without which the product is not sold or even bought. Through knowing the price of the product, customers are able to purchase the product

C. Product: The product describes the attributes that attract the customer.  

D. Promotion: The promotion is the way to knowing the company products either by advertising, the worth of mouth  

According to the given situation, it focuses more on the product rather other elements of the marketing mix

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Pat gave 5,000 shares of stock in Coyote Corporation (a publicly traded corporation) to her church (a qualified charitable organ
frutty [35]

Answer: a. $180,000

Explanation: Given that the fair market value of the 5000 shares of stock was $180,000 at that time; Pat should include this in information with proof of it's fair value at the time in schedule A of the form

8 0
4 years ago
Horses cost $10, pigs cost $3, and rabbits are only $0.50. A farmer buys 100 animals for $100, How many of each animal did he bu
VMariaS [17]

Answer:

The correct answer to the following question is that there are 5 horses, 1 pig and 94 rabbits.

Explanation:

Given information -

Horses cost = $10

Pigs = $3

Rabbits = $.50

There are total of 100 animals, which are bought for $100 in total.

So by using simple equations we can solve this problem,

where let number of horses be x

number of pigs be y

number of rabbits be z

so the first equation that we can make by using given information is -

x + y + z = 100 (total of 100 animals bought )  _ _ equation 1

10 x + 3 y + .5 z = $100 _ _ equation 2

Now multiplying equation 2 by 2 and then subtract that from equation 1

(10 x + 3 y + .5 z = $100) x 2

= 20 x + 6 y + z = $200  _ _ equation 3

Now subtracting equation 3 from 1 -

20 x + 6 y + z = $200

          -

x + y + z = 100

19 x + 5 y = 100

Here 19 x and 5 y have to be a multiple of 5 ( where x and y are integers ), therefore the only possible value of x here can be 5 and if the value of x =5 , then the value of y will be equal to 1,

19 x 5 + 5 x 1 = 100

Now putting the value of x and y in equation 2,

10 x 5 + 3 x 1 + .5 x z = $100

50 + 3 + .5 z = 100

.5 z = 47 ( 100 - 53 )

z = 47 / .5

z = 94

4 0
3 years ago
Tyare Corporation had the following inventory balances at the beginning and end of May: May 1 May 30 Raw materials $ 35,000 $ 49
Kobotan [32]

$7,700

Explanation:

$18,500 - $6,000 - $4,800 = 7,700

4 0
3 years ago
a. Using the starting point formula, what is the price elasticity of demand for going from a price of $160 per unit to a price o
ki77a [65]

Answer:

Price Elasticity of Demand is -4

Explanation:

We can see the graph and easily calculate the Q1 which is 120 units at P1 $140 and Q2 which is 80 units at P2 $160 price.

The starting point formula for calculating price elasticity of demand is given as under:

Price Elasticity of Demand = (ΔQ / Q2)  /  (ΔP / P2)

Here

ΔQ = Q1 - Q2 = 120 - 80 = 40 units

ΔP = P1  -  P2 = 140 - 160 =   - $20

By putting value in the above equation, we have:

Price Elasticity of Demand = (40 Units / 80 Units)  /  (-$20 / $160)

Price Elasticity of Demand = -4

8 0
3 years ago
A policy that provides coverage for losses over an extended period of time up to a maximum benefit limit is known as a(an):
Tom [10]

Answer:

A policy that provides coverage for losses over an extended period of time up to a maximum benefit limit is known as Lifetime Limit Policy.

Explanation:

This policy is also know as Lifetime Maximum Benefit or Maximum Lifetime Benefit Policy where an insured individual will get paid the maximum amount of any health plan during his entire lifetime.

This policy has proved much beneficial for the people because they get a sign of relief without any kind of worry, if their medical treatment exceeds their allocated or allowed limit.

These policies particularly are limited only to the essential medical services,  but here it needs to be defined what does this essential services means. Because the services considered as essential by one person might not be of the same importance for another person.

4 0
4 years ago
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