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OLEGan [10]
3 years ago
11

(1) A(n) _____ is a group of people or organizations for which an organization designs, implements, and maintains a marketing mi

x intended to meet the needs of that group, resulting in mutually satisfying exchanges.
Business
1 answer:
Doss [256]3 years ago
4 0

Answer:

Target market

Explanation:

A TARGET MARKET is a group of people or organizations for which an organization designs, implements, and maintains a marketing mix intended to meet the needs of that group, resulting in mutually satisfying exchanges.

Target market refers to a group of people who are most likely to purchase a company's product. They are potential customers to whom a firm wants to sell it's product and services.

Target market includes specific customers to whom a firms efforts of marketing is directed. The target market Customers possess similar characteristics such as age, income level, location and lifestyle.

A firm need to segment the market using various factors such as gender, income level, age and focus on a particular group. This helps the firm to strategize better on how to satisfy the target Customers.

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Scenario 22-3: Economy of Centralia Centralia has no trade and no government. GDP = $25 trillion. Consumption Spending = $18 tri
erastovalidia [21]

Answer:

The level of private saving in Centralia is $7 trillion.

Explanation:

The economy of Centralia has no trade and no government.

The level of GDP is given as $25 trillion.  

Consumer spending is $18 trillion.  

The level of private savings, in this case, will be the difference between the GDP or total income and consumption spending.  

Private savings  

= $25 trillion - $18 trillion

= $7 trillion

8 0
4 years ago
Mass company is investing in a giant crane. it is expected to cost $6.0 million in initial investment, and it is expected to gen
alexdok [17]
17.8% is the irr for the project if the cost of capital is 12%. IRR <span>is the interest rate at which the net present value (NPV) of all the cash flows (both positive and negative) from a project or investment equal tgo zero.</span> IRR<span> calculations rely on the same </span>formula<span> as NPV does. To </span>calculate IRR <span>using the </span>formula<span>, one would set NPV equal to zero and </span>solve<span> for the discount rate (r), which is the </span>IRR.  <span>Multiply the net cash flow for each period by its discount factor to obtain its present value. Sum the present values of each cash flow to </span>calculate<span> the </span>NPV. Find the IRR<span>, the discount rate, that makes the </span>NPV<span> zero.</span>
3 0
3 years ago
What is a temporary suspension of loan payments for specific situations called?
Anna35 [415]

Answer:

deferment

Explanation:

6 0
3 years ago
If the supply of loanable funds shifts to the right, then the equilibrium interest ratea. and quantity of loanable funds risesb.
Amanda [17]

Answer:

Option (d) is correct.

Explanation:

When the supply of loanable funds increases and this change in loanable funds shifts the supply curve of loanable funds rightwards then as a result the equilibrium interest falls and the quantity of loanable funds increases.

In this situation, the supply of loanable funds exceeds the demand for loanable funds, so the financial institutions would provide funds at a lower interest rate to the borrowers.

Fall in the interest rate would induce borrowers to take loan at a cheaper rate.

7 0
3 years ago
Rockwell Collins is a manufacturer of avionics and communications systems for corporate aircraft. In response to a general slowd
Fed [463]

Answer:

Option A                            

Explanation:

In simple words, Firmographics refers to the descriptive characteristics of businesses which can be utilized to classify different companies into relevant sections of the market. We identify companies, pseudo-profits, and government bodies. Basically, firmographics are something that surveys are for individuals to companies and organisations.

Firmographic factors enable companies to deem in specifics the characteristics of organisational behaviour, for example in a specific industry. It is beneficial where their is no substantial difference among operational variables, buying strategy, contextual factors and consumer personal attributes.

6 0
3 years ago
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