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3 years ago

What types of information does the company currently maintain on markets, the marketing environment, and marketing activities?

Business

1 answer:

Reil [10]3 years ago

5 0

Information related to economic conditions , technology changes as well as political activity.

Explanation:

Marketing Environment is referred to as the combination of both internal and external factor which also affect the customers as well as its ability of the company. The internal environment includes various factors they are the money, people, materials as well as the markets. The internal market is under the marketers and the market changes when the external market changes.

The external factor includes those factors which are external in nature and the marketer cannot influence the external market neither it can be controlled by the marketer.

Every company whether small or big should have a marketing environment. A company's profit , position and image depends on the external and internal environment . A marketing environment is dynamic in nature. In order to hold the market we need to analyse the market.

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ivolga24 [154]

Answer:

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Explanation:

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2 years ago

The realization that a consumer is necessary and must play a part in order to produce value is the major premise underlying the

Svetach [21]

The realization that a consumer is necessary and must play a part in order to produce value is the major premise underlying the concept of (A) value co-creation.

<h3>What is value co-creation?</h3>

Simply said, value creation is the process of converting resources (whether physical such as materials, or non-physical such as time) into something of perceived value.
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<h3>Solution -</h3>

As the definition of value co-creation states that value creation is the process of converting resources into something of perceived value.

Therefore, the realization that a consumer is necessary and must play a part in order to produce value is the major premise underlying the concept of (A) value co-creation.

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2 years ago

Using the same scenario as in number 2, your interviewer tells you that the game costs $1 to play and it has an expected value o

Anastaziya [24]

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Cumulative sums, often known as running totals, are used to show the total sum of data as it grows over time (or any other series or progression). This allows you to see the entire contribution of a specific measure across time.

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2 years ago

Which of the following is true? a. As long as the economic pie continually gets larger, no one will have to go hungry. b. Effici

stealth61 [152]

Answer:

Explanation: Government policies usually improve upon both equality and efficiency.

5 0

3 years ago

Division A offers its product to outside markets for $30. It incurs variable costs of $11 per unit and fixed costs of $75,000 pe

olga55 [171]

Answer:

a. See part a below for the analysis.

b. We have:

1. Division A total cost = $1,131,000

2. Division A total profit or benefit = $1,509,000

3. Division B total cost = $1,320,000

4. Division A total profit or benefit = $44,000

Explanation:

Note: See the attached excel file for the calculation of calculation of costs and benefits of options available to Divisions A and B.

a. What are the costs and benefits of the alternatives available to Division A and Division B with respect to the transfer of Division A's product? Assume that Division A can market all that it can produce.

Under this condition, each analysis is based on the condition that either Division A or Division B will pay for the transportation cost.

From part a the attached excel file, we have:

1. Division A will incur a total cost of of $559,000 and gets a profit or benefit of $761,000 if it sells to the outside market.

2. Division A will incur a total cost of of $647,000 and gets a profit or benefit of $673,000 if it sells to Division B.

3. Division B will incur a total cost of $1,408,000 if it buys from Division A.

4. Division B will incur a total cost of $1,364,000 if it buys alternate supplier. It thereby saves the transportation cost of $88,000 of buying from A as a benefit.

b. How would your answer change if Division A had idle capacity sufficient to cover all of Division B's needs?

Under this condition, it is assumed that Division A will pay for the transportation cost. Therefore, Division A will sell to both the outside market and Division B.

From part b of the attached excel file, we will have the following based on this condition:

1. Division A total cost = Total cost of selling to the outside market + Total cost of selling to Division B = $559,000 + $572,000 = $1,131,000

2. Division A profit or benefit cost = Total profit or benefits of selling to the outside market + Total profit or benefits of selling to Division B = $761,000 + $748,000 = $1,509,000

3. Division B will incur a total cost of $1,320,000 by buying from Division A. It thereby saves $44,000 (i.e. $1,364,000 - $1,320,000 = $44,000) as a benefit for not buying from alternate supplier.

Download xlsx

3 0

3 years ago