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Kisachek [45]
3 years ago
13

Carolina Biological Supply Company sells science instructional materials. It wants to grow beyond the current customer base and

identify potential markets besides the public education systems. What is the order it should follow to take in the market targeting process? Multiple Choice Question
Business
1 answer:
mario62 [17]3 years ago
5 0

Answer:

The correct answer is letter "A": research and validate marketing opportunity, identify business needs, segment total market, profile target customer segment, research and validate marketing opportunity.

Explanation:

In an attempt to expand their operations, companies must analyze the market where they are planning to handle businesses. For such a purpose, entities must use two important tools which are segmentation and targeting. Segmentation is the classification of the market that differentiates customers by different features such as age, gender or income.

Targeting refers to selecting a specific sector of the market to whom the product planned to be manufactured will be offered. The steps an organization should follow to conduct the segmentation and targeting correctly are:

  1. <em>Research and validate marketing opportunity (in the beginning) </em>
  2. <em>Identify business needs </em>
  3. <em>Segment total market </em>
  4. <em>Profile target customer segment </em>
  5. <em>Research and validate marketing opportunity (at the end)</em>
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Effective follower

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4 0
3 years ago
Ferguson corp. purchased inventory on account for $20,000. the entry to record this transaction would include?
Marianna [84]

The entry to record this transaction would include:

Dr. Inventory $20,000

Cr. Accounts payable    $20,000

What does it mean to purchase inventory on account?

Purchasing the inventory on account for $20,000 means that Ferguson corp. did not make payment for the inventory immediately, it rather purchased the inventory on credit with a promise to pay later.

As a result, the liability of Ferguson corp. has increased, specifically, the company would credit accounts payable with $20,000 such that inventory, which is the receiving account is debited with the same amount

Find out more about journal entry on:brainly.com/question/11312217

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8 0
2 years ago
Sabemos que os problemas enfrentados pelas empresas podem ser vários e em várias circunstâncias. Por essa razão, as empresas são
dangina [55]

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Explanation:

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Therefore, for an organizational development plan to be well-founded, it must take into account the use of technology and technological updates.

<em>I hope this information can help you.</em>

6 0
3 years ago
Adham is interested to buy a pair of shoes, at Lazzado.com as follows:
nlexa [21]
I think it could either be the first or third option, but I thinking the correct one should be the first option. Hope this helped :)
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Public relations is used to find out the effect of the products in the market and also to get feedbacks from consumer which will enable mgt to plan on ways to correct any issue observed.

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