The marketing mix, also known as the four p's of marketing, consists of product, price, promotion, and place. They are the main essential elements in the marketing mix, which implies in the strategic formation of the company.
<h3>What is marketing mix?</h3>
Marketing mix is the strategy in the initial state of introducing the product. The company do the study about the product which they are going to launch before introducing it into the market.
They have four main elements of the marketing mix that are product is that which is going to launch, price consist of the price of the product in the initial stage, place consist of the place where the product is going to launch, and promotion is the technique of advertising the product's and features.
Thus, it is place.
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Answer:
The answer is letter C.
Explanation:
Revenues of the blended component unit.
Answer:
trends, fashions, and tastes can change quickly.
Explanation:
Based on the information provided within the question it can be said that in a job role like the one that Victoria is in, the biggest complication is that trends, fashions, and tastes can change quickly. Due to the large impact that celebrities have on the world, one comment or action can immediately spark new trends and fashion senses around the world. This makes trying to predict the wants of customers very hard.
Answer:
Answer is explained and solved in the explanation section below.
Explanation:
Data Given:
First we need to clearly extract the data from the question.
Sales of the year = 5000000
Increase in Sales (%) = 20%
Profit Margin = 4%
Retention Ratio = 100%
Dividend Payout = 0
1. Increase in Assets necessary to support increase in Sales = Increase in Sales x total Assets = 20% x 3000000 = 600000
2. Increase in Liabilities necessary to support increase in Sales = Increase in Sales x Total Liabilities Accounts payable + Accrued Liabilities + other payables = 20% x 500000 = 100000
3. Net Income = 5000000 x (1 + 0.20) x 4% = 240,000
So Addition of Retained Earnings = 100% = 240,000
4. AFN = Increase in Assets - Increase in Liabilities - Increase in Retained Earnings = 600000 - 100000 - 240000 = 260000
Under this scenario, the company would have higher level of retained earnings which would reduce the amount of additional funds needed.
Answer:
12%
Explanation:
The computation of the accounting rate of return is shown below:
Accounting rate of return = Average profit ÷ Average investment
where
Average profit is
= $1,500 × 5 years ÷ 5 years
= $1,500
And, the average investment is
= $25,000 ÷ 2
= $12,500
So, the accounting rate of return is
= $1,500 ÷ $12,500
= 12%
We simply applied the applied formula