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dexar [7]
2 years ago
9

__________ have an increasingly important role in top management because of their ability to think strategically, bringing with

them to the job multi-industry backgrounds, cross-functional management expertise, analytical skills, and intuitive marketing insights.
a) Chief Marketing Officers (CMOs).
b) Chief Financial Officers (CFOs).
c) Chief Executive Officers (CEOs).
d) Chief Human Resource Officers (CHROs).
e) Chief Operating Officers (COOs)
Business
1 answer:
noname [10]2 years ago
6 0

Answer:

The correct answer is a) Chief Marketing Officers (CMOs).

Explanation:

Chief marketing Officers determine the demand for the products and services offered by a company and its competitors, and identify potential customers. They develop pricing strategies with the objective of maximizing the benefits of the company or its participation in the market, while ensuring the satisfaction of the company's customers. They monitor product development or follow trends that indicate the need for new products and services.

In companies that manufacture products or are dedicated to the provision of services, marketing directors have to decide the best way to promote themselves to increase sales. Marketing departments are often involved in different aspects of this process, from advertising market research, to public relations, events and sponsorships.

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Inventory records for Marvin Company revealed the following: Date Num of units unit cost Mar. 1 Beginning Inventory 1000 7.20 Ma
swat32

Answer:

Ending inventory= $5,040

Explanation:

Giving the following information:

Beginning Inventory= 1000 units for  $7.20

Mar. 10: Purchase= 600 units for $7.25

Mar. 16: Purchase= 800 units for $7.30

Mar. 23: Purchase= 600 units for  $7.35

Marvin sold 2,300 units.

Under the LIFO inventory method, the ending inventory cost is calculated using the first units incorporated to inventory.

Ending inventory in units= total units - units sold

Ending inventory in units= 3,000 - 2,300= 700 units

Ending inventory= 700*7.2= $5,040

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3 years ago
XYZ Company has expected earnings of $3.00 for next year and usually retains 40 percent for future growth. Its dividends are exp
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Answer:

Price of stock  = $40

Explanation:

According to the dividend growth model, the price of a stock is the present value of expected dividend discounted at the required rate of return.

This is done as follows:

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r- required rate of return - 15%

Price of stock = 1.8× (1.1)/(0.15-0.1)

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3 years ago
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