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lukranit [14]
3 years ago
10

The Artisan Cheese Company in Florida has decided to add a new line of imported cheeses to its offering. The company president (

the head cheese) has a preference for cheese from Spain. The product director has a penchant for French cheese and the customer feedback from company surveys and cheese tasting nights steers more in the direction of cheeses from England. If the company follows the marketing mix correctly, which should they choose to be their new line of cheeses?
Business
1 answer:
KonstantinChe [14]3 years ago
4 0

Answer:

Cheeses from England.

Explanation:

First, let us define what Marketing Mix is:

  • This refers to the number of strategies a company employs to promote its goods and services in the market. The four Ps of the marketing mix include Product, Price, Place and Promotion.

The goal of a marketing strategy is to create awareness among the target audience.

Feedback and surveys are ways in which a company informs its marketing mix strategy. Therefore, if it has been determined from the customer feedback from company surveys and cheese tasting that the Product the customers prefer is Cheese from England, then that is what should be produced and promoted.

It cannot be over emphasized that companies are in business because of the customers, so their opinion takes precedence, as the saying goes, customer is always right. Therefore, if the need of the customer is not met, the company will make no profits.

The company president and product director will have to do what the customer wants.

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Juliette [100K]

Answer: Inquiry

Explanation:

According to the given question, by using the procedure of the business process for making the various types of decisions and the Trevor should perform the inquiry process for determining the ethical and some legal issues.

 The inquiry is one of the type of approach that is helps in developing the problem solving ability and also the information processing.

It is the process that has ability for resolving various types of problems or ussies by implementing a compliance policies.    

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5 0
3 years ago
How does globalization affect your life?
lina2011 [118]

Globalization affects all lives across the world with the world being completely connected by it.  All of the points given here are valid.

Explanation:

Due to a globalized economy we are able to -

-Buy clothes and items from across the world and get them shipped to us. We also are able to buy things made in different parts of the world.

- The communication between the whole world is now clicks away from each other

- The websites we use are created in other countries sometimes.

-The businesses in one's own country are often foreign businesses.

All of these are things that are happening due to globalization as the world has become completely interconnected and interdependent.

4 0
3 years ago
Donovan and Keith both work as line employees at the Widget Corporation plant. They are both big fans of the San Francisco Forty
Bezzdna [24]

Answer:

Social companionship

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Social companionship is a type of friendship or relationship between individuals who share similar likes and benefit from each other as they feel a sense of closeness doing things they like together. Donovan and Keith, who share some similarities and likes between each other, provide social companionship to each other as they hang out together as fans of a club.

6 0
4 years ago
If the company is using the payback period method and it requires a payback of three years or less, which project(s) should be s
algol [13]

Answer: Project X

Explanation:

The Payback period is the amount of time it would take for the cash inflows accruing from an investment to payoff the cost of the investment.

Project X has a constant cashflow of $24,000 for 3 years and a cost of $68,000 for the Payback period is;

= 68,000/24,000

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Year before payback = 4,000 + 26,000 + 26,000

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This means that the third year is the year before payback.

60,000 - 56,000 = $4,000

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= 3.2 years

Based on a Payback period of 3 years, only Project X should be chosen as it pays back in less than 3 years.

7 0
3 years ago
Pioneer has developed a new consumer electronics item-a heterogeneous shopping product with unique patented features. it probabl
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8 0
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