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Jlenok [28]
4 years ago
14

A company’s website has seen 50% more traffic since its new product was positioned. There is also social media traffic buzz abou

t the product. The marketing team is thrilled with the numbers of site visits and buzz. After speaking with the customer service team, they discovered most of the web traffic is to get the customer service number to complain about the new product’s small size. Most of the buzz is also negative about the size too. Knowing this more specific customer feedback will allow the marketing team to do which of the following to make their messaging more effective?
Business
1 answer:
skelet666 [1.2K]4 years ago
6 0

The correct answer is A) Reevaluate the positioning campaign to see where there is misalignment between message and product.

A company’s website has seen 50% more traffic since its new product was positioned. There is also social media traffic buzz about the product. The marketing team is thrilled with the number of site visits and buzz. After speaking with the customer service team, they discovered most of the web traffic is to get the customer service number to complain about the new product’s small size. Most of the buzz is also negative about the size too. Knowing this more specific customer feedback will allow the marketing team to do the following to make their messaging more effective: "Reevaluate the positioning campaign to see where there is misalignment between message and product.

That is why it is very important to maintain permanent communication channels between departments. So information can be transmitted swiftly to take immediate decisions.

Once they knew the reason for the amount of traffic to the website, the Marketing department should focus on communicating other and better attributes of the product, as well as the company's answer and resolution of the customers' complains.

The other options of the question were B) ignore the customers complains and present the website traffic numbers to management. C) tell the customer service team to deal with the customers and that there is no need to change the marketing.

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A firm is planning on paying its first dividend of $2 three years from today. After that, dividends are expected to grow at 6% p
BabaBlast [244]

Answer:

The intrinsic value of a share today is $16.87

Explanation:

Intrinsic Value of the share is calculated as below.

Dividend Valuation method is used to value the stock price of a company based on the dividend paid, its growth rate and rate of return. The price is calculated by calculating present value of future dividend payment.

Value of Share = Dividend / (Rate of return - Growth rate)

placing values in the formula

Value of share = $2 / (14% - 6%) = $25

$25 is the value of share after 3 year, to calculate today's value we have to discount it as below

Today's value of share = $25 x ( 1 + 14% )^-3 = $16.87

7 0
4 years ago
What do inflation rates measure?
My name is Ann [436]

Answer:

C. The speed with which general prices are rising

Explanation:

Inflation measures the rate at which the general prices of goods and services are increasing in an economy. During inflation, the purchasing power of a country's currency is eroded.  Inflation means a selected basket of goods will cost more this period than it did in the previous season.

The consumer price index or CPI is the most acceptable index used in determining the rate of inflation. Inflation may result from high economic growth where firms and individuals have increased incomes resulting in too much money in circulation.  A moderate level of inflation is required to promote spending and sustain favorable economic growth.

6 0
3 years ago
You are a very small company that sells healthcare insurance plans. You estimate that the breach of your customer database will
liq [111]

Answer:

Spend $25000 on cyber insurance to transfer the risk

Explanation:

A cyber insurance is the best option since it protects the business from internet based risk such as the breach of customer database and other risks involved in the use of the internet by businesses and individual internet users.

The cost of purchasing a Data Loss Prevention solution that would cost $30000 per year will amount to $150000 in 5 years which will be more expensive compared to the cost of the risk it is been used to prevent. hence it is not a good option. also accepting the risk is a very bad option becasue the risk might harm the business beyond expectation.

5 0
3 years ago
Kingbird Company has the following stockholders’ equity accounts at December 31, 2017.Common Stock ($100 par value, authorized 8
viktelen [127]

Answer:

Journal Entries :

1.

Common Stocks $29,400 (debit)

Cash $29,400 (credit)

2.

Dividends Declared $174,300 (debit)

Shareholders for Dividends $174,300 (credit)

3.

Shareholders for Dividends $174,300 (debit)

Cash $174,300 (credit)

4.

Cash $30,600 (debit)

Common Stocks $30,600 (credit)

5.

Common Stocks $48,300 (debit)

Cash $48,300 (credit)

6.

Cash $29,100 (debit)

Common Stocks $29,100 (credit)

Explanation:

1.

Common Stocks $29,400 (debit)

Cash $29,400 (credit)

Purchase Cost = 300 shares × $98 = $29,400

2.

Dividends Declared $174,300 (debit)

Shareholders for Dividends $174,300 (credit)

Dividend Calculation = (8600 - 300) × $21 = $174,300

<em>Note : Recognize the Liability : Shareholders for Dividends and recognise the Equity Element : Dividends Declared</em>

3.

Shareholders for Dividends $174,300 (debit)

Cash $174,300 (credit)

<em>Note : De-recognize the Liability : Shareholders for Dividends and De -recognize the Assets of Cash.</em>

4.

Cash $30,600 (debit)

Common Stocks $30,600 (credit)

Proceeds  = 300 shares × $102 = $30,600

5.

Common Stocks $48,300 (debit)

Cash $48,300 (credit)

Purchase Cost = 460 shares × $105 = $48,300

6.

Cash $29,100 (debit)

Common Stocks $29,100 (credit)

Proceeds  = 300 shares × $97 = $29,100

5 0
3 years ago
If the cross- price elasticity of demand between beer and wine is 0.31, then beer and wine are complements. a. substitutes. b. p
Zolol [24]

Answer:

The answer is Substitutes.

Explanation:

For cross-price elasticity we can either have substitute goods or compliment goods. If the cross-price elasticity is positive, then the goods are substitutes and If the cross-price elasticity is negative, then the goods are compliments.

In this example, the cross-price elasticity is 0.31. This answer is postive, meaning, beer and wine are substitutes.

So 1% increase in price of wine will make demand of beer to rise by 0.31.

It can't be complement s because it is not negative.

It can't be necessities because this does not relate to cross-price elasticity

5 0
4 years ago
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