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Nonamiya [84]
3 years ago
14

The first step in the process of creating a marketing plan is to

Business
2 answers:
tia_tia [17]3 years ago
6 0
The right answer for the question that is being asked and shown above is that: "• set marketing objectives." The first step in the process of creating a marketing plan is to <span>set marketing objectives. The group must know the goals and objectives why they are making a business or something.</span>
omeli [17]3 years ago
6 0

Answer:

The answer is: set marketing objectives

Explanation:

Drafting a business marketing plan requires a clearly defined set of goals and objectives. These goals and objectives give a purpose to the overarching plan. The goals should be attainable and the objectives measurable. Thereafter, a complete situation analysis is conducted to evaluate the business position in the environment it operates in. Developing marketing strategies takes place after the situation analysis and control measures are conducted to ensure that there are no significant deviations from the set plan.

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This model shows how cold winter air is warmed in the Great Lakes Basin, which creates ideal temperatures for year-round fruit f
Free_Kalibri [48]

Answer:

Can I Know Where Is The Model Brother Please

6 0
2 years ago
In expanding into foreign markets, a company can strive to gain competitive advantage (or offset domestic disadvantages) by
il63 [147K]

Here's the options that completes the question:

A. building a state-of-the-art facility to fully capture scale economies via an export strategy.

B. using export, licensing, or franchising strategies so as to minimize risk and capital investment.

C. locating buyer-related activities in all countries where it sells its product.

D. dispersing its activities among various countries in a manner that lowers costs or else helps achieve greater product differentiation and transferring competitively valuable competencies and capabilities from its domestic operations to its operations in foreign markets.

E. avoiding the use of strategies that entail coordinating its domestic strategic moves with its strategic moves in the various foreign markets that it enters.

Answer:

D. dispersing its activities among various countries in a manner that lowers costs or else helps achieve greater product differentiation and transferring competitively valuable competencies and capabilities from its domestic operations to its operations in foreign markets

Explanation:

A key condition that makes a firm achieve competitive advantage or a favourable business position is it's costs and product design.

If a firm can lower it's cost in a foreign market while also maintaining quality just as it is has done in it's domestic market then it stands a better chance of success.

For example, if a firm in the clothing line industry decides to expand its operations to a foreign market eg Africa.

A key factor in determining its success is its ability to lower its cost in the foreign market as compared to competitors, while also achieving the same quality standards of products.

7 0
3 years ago
Wehrs Corporation has received a request for a special order of 8,600 units of product K19 for $45.50 each. The normal selling p
disa [49]

Answer:

Increase in the net income=$ 89,160

Explanation:

The amount of the financial advantage or disadvantage would be determined as follows:  

Unit variable cost of order = 16.30 + 5.60+ 2.80+5.20 = 29.9

                                                                                                               $

Sales from special order)  ($45.50× 8,600)                              391300

Variable cost of special order ($29.9× 8,600)                        <u>   257,140 </u>

Contribution from special order                                                  134,160

Cost of special machine                                                              <u>(45,000) </u>

Increase in contribution                                                               89,160

Increase in the net income=$ 89,160

Note the fixed manufacturing overhead is irrelevant, they are cost that would be incurred whether or not the order is accepted

3 0
2 years ago
Burlington Construction Company is considering selling excess machinery with a book value of $281,000 (original cost of $400,100
Ksenya-84 [330]

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6 0
2 years ago
Which of the statements is not true? A marginal cost curve will always intersect the average total cost curve at the minimum ave
pychu [463]

Answer: The correct answer is "Costs that are small and unimportant with little impact on profits are called marginal costs."

Explanation: The statement "Costs that are small and unimportant with little impact on profits are called marginal costs." Is not TRUE because as the following statement says the marginal cost is the change in a firm's total cost due to a one‑unit change in output.

8 0
2 years ago
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