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3 years ago

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

2 answers:

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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Suppose a local McDonalds increases prices of hamburgers form $2 to $2.50. What will happen to the quantity of McDondalds hambur

Dmitry [639]

Answer: Decrease in the quantity demanded.

Explanation:

According to the law of demand, other things remains constant, if there is increase in the price of a commodity as a result the quantity demanded for that commodity decreases.

In this case, McDonalds increases the price of its hamburgers, so as a result the quantity demanded for the hamburgers decreases. This is due to the higher prices as it will be more expensive for the consumer to buy hamburgers at the prevailing prices.

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3 years ago

Pemco Enterprises sells annual membership to its shooting lodge. The memberships cost $240 each. On January 1, Pemco sold 2,000

jenyasd209 [6]

Answer:

Option C. $480,000

Explanation:

The reason is that the consideration (Services of memberships which has monetary value) of the contract to deliver the subscribers has been delivered by the Pemco Enterprise which was active their member account and let them enjoy the services which they provide so the sales would be the amount that the company is legally entitled to receive after delivering the consideration of the contract and is $480,000 ($260 * 2000 memberships).

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4 years ago

If a firm engages in final assembly in its home operations, then which of the following operations of the firm in a foreign coun

Talja [164]

Answer:

D) Marketing

Explanation:

Vertical foreign direct investment (FDI) refers to companies moving upstream (R&D and manufacturing process) or downstream (distribution and selling process) in different value chain stages in a host country.

In this case, downstream vertical FDI includes marketing activities done at the host country. Upstream vertical FDI would include the purchase of component parts in the host country.

3 0

3 years ago

How do you register partnerships firm in Nepal?

koban [17]

<em><u>answer</u></em>

Procedure for Registering a Partnership Firm

Step 1: Application for Registration. An application form has to be filed to the Registrar of Firms of the State in which the firm is situated along with prescribed fees. ...

Step 2: Selection of Name of the Partnership Firm. ...

Step 3: Certificate of Registration

6 0

3 years ago

Read 2 more answers

we are evaluating a project that costs $848,000, has an eight-year life, and has no salvage value. assume that depreciation is s

alukav5142 [94]

A project's susceptibility to undesirable fluctuations in the value of the underlying factors, such as the sales price, sales units, its indirect cost, and other variables, is assessed using sensitivity analysis.

<h3>Sensitivity analysis: What is it?</h3>

According to a specific set of assumptions, sensitivity analysis evaluates how various values of an exogenous variables impact a specific dependent variable. In other words, analyses look at how different types of ambiguity in a mathematical formula affect the overall level of uncertainty in the model.

<h3>Briefing:</h3>

Project has an eight-year lifespan, costs $848,000, and has no residual value. Over the course of the project's life, depreciation decreases linearly to zero.

Depreciation = $848,000 / 8 = $106,000

Contribution margin per unit = selling price - variable cost per unit

= 40 - 20 = $20 per unit

Accounting break-even point = (Fixed costs + Depreciation) / Contribution per unit

= (625,000 + 106,000) / 20

= 36,550 units

To know more about Sensitivity analysis visit:

brainly.com/question/14293513

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8 0

1 year ago