Answer:
Given that this is not the company's first production, it means that they have some history in the market.
At this time, they ought to have some performance with regard to price, product, place, performance, and positioning. This sort of information is usually gleaned from:
- Sales figures (Invoices)
- Number and type of clients (Invoices)
- Feedback from the market via dealers, consumers etc.
- Reviews (Online and offline)
- Financial Statement
When a forecast is made base on predictive values such as the above, it is called Forecast based on historical data.
The management team will take all the above into account in redesigning it's marketing Ps.
- Price
- Product
- Positioning
- Place
- Promotion
- People and
- Process
The management team will answer question such as:
- Do we increase or reduce our price? or do we leave it as it is but modify it to using psychological pricing to attract more sales;
- What upgrades do we need to make to the products if at all?
- How do we position or reinforce the position of the products in the mind of the consumers?
- How do we get the products to more consumers/buyers? online? offline? completely new markets?
- How best do we promote the products?
- Who do we need to execute the marketing plan?
- what modifications do we need to do to our process to enable us to achieve the marketing goals?
- do our products contain a physical evidence of what we have promised during the promotion/positioning?
Answers to all these questions will help the marketing improve on its previous marketing strategy.
Cheers!
Answer:
The correct answer is $22.5
Explanation:
According to the scenario, computation of the given data are as follows:
We can calculate the price of stock by using following formula:
Price of stock = (Net Income ÷ No of Shares) × PE Ratio
By putting the value in the formula, we get
Price of stock = ( $1,500,000 ÷ $1,000,000) × 15
= $1.5 × 15
= $22.5
Answer: B. False
Explanation:
Information Technology Infrastructure Library (ITIL) is a framework of best practices for delivering IT services to businesses and management generally. The main aim of ITIL is to focus IT in managing the needs of a business.
ITIL’s systematic approach to IT service management can help businesses manage risk, strengthen customer relations, establish cost-effective practices, and build a stable IT environment that allows for growth, scale and change.
Answer:
Head Office Cost Allocations
Explanation:
Usually Projects have Head Office costs that are allocated to them.
Head office costs allocated to projects will be the same for the choices of alternatives (replacing or not replacing the machine).
The Head office costs are a costs that is incurred at Head office as well.
Thus, Head Office Costs allocations are <em>irrelevant</em> and must not be included in the analysis.
D: It is both a short run and long run decision.
Explanation:
Whether its a short run or long run decision, it is determined by when the benefit will accrue to the entity.
Thus employing 5 more workers in the short run is going to help the entity whiles in the long run also they are going to be a developed staff which will benefit the entity in the long run.
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