1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Give description of a recent (2019-2021)example of how this problem has displayed in Southafrica
Gemiola [76]
South africa’s is a cool place,
7 0
2 years ago
When using the needs approach, several "special needs" should be considered. One special need is money to cover unexpected event
12345 [234]

Answer:

Emergency fund.

Explanation:

Emergency funds are money that we keep on hand in case of unforeseen events. It may cover car repairs, unforeseen buying, medical bills and so on.

It is important to hold some emergency funds so as to avoid being stranded with no access touch needed resources.

Also emergency funds can be saved over time in case of job loss, having some back-up funds to use in the meantime will be a wise strategy.

3 0
3 years ago
The final step in recognizing the completion of production requires a company to:
BaLLatris [955]

Answer:

A. debit Finished-Goods Inventory and credit Work-in-Process Inventory.

Explanation:

The work in progress cannot yet be debited because it cannot be sold while the finished goods represent cash.

3 0
3 years ago
On January 1, 2017, Sheridan Company established a stock appreciation rights plan for its executives. It entitled them to receiv
Elza [17]

Answer:

$1,140,000

Explanation:

AS AT December 2018, the market price ended at 30 USD Which is 10 USD above pre established price on the 114,000 SARs

thus compensation for the year ended 2018 will be 10 x 114,000

7 0
3 years ago
Apple anticipates it will sell 100,000 units in the coming year. It is considering investing in a new machine that will increase
Vilka [71]

Incomplete question. However, it would be inferred you want to know the requirements to calculate net income.

<u><em>Explanation</em></u>:

Remember, net income is total revenue minus total cost. Since Apple anticipates selling 100,000 units, if we assume the fixed cost to be $2,400 and the variable cost $34, and selling price unit is $150.

  • Total cost= 2400+ (34*100,000)= 3,400,000
  • Total Revenue= 150*100,000= $15,000,000
  • Net income= 15,000,000-3,400,000= $11,600,000

The Net income is therefore $11,600,000.

7 0
4 years ago
Other questions:
  • which of the following is true of both paying with a check and paying with a debit card? aa personal identification number must
    10·1 answer
  • Kingbird, Inc. wrote checks totaling $43810 during October and $47839 during November. $41660 of these checks cleared the bank i
    5·1 answer
  • The companny is funded by a government grant miguel works for a
    7·1 answer
  • In a department, 28,000 units are completed and transferred out and 14,400 remain in ending WIP at 85% complete. If an equivalen
    8·1 answer
  • Carlos opens a dry cleaning store during the year. He invests $30,000 of his own money and borrows $60,000 from a local bank. He
    6·1 answer
  • Larry Bar opened a frame shop and completed these transactions: Larry started the shop by investing $40,700 cash and equipment v
    12·1 answer
  • Please subscribe to my mom channel please<br><br>I need 100 subscribe​
    10·1 answer
  • The Dry Dock is considering a project with an initial cost of $118,400. The project'scash inflows for years 1 through 3 are $37,
    6·1 answer
  • If a mutual fund's portfolio is valued at $500 million while there are liabilities of $6 million, what would be the NAV if there
    12·1 answer
  • The owner of a national software company has been watching current economic information for the past two quarters and a rapid ri
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!