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maria [59]
3 years ago
5

Tennot Inc. sells used cars. It focuses solely on low-income customers who prefer to buy an old car rather than a new one. There

fore, it develops one marketing mix that targets the low-income group. In this scenario, Tennot Inc. most likely uses a(n)_____.
Business
1 answer:
skad [1K]3 years ago
3 0

Answer:

concentration targeting strategy

Explanation:

Based on the information provided within the question it can be said that Tennot Inc. most likely uses a concentration targeting strategy. This is a type of strategy in which the company focuses a single specific market segment to put all their efforts into. Which in this scenario Tennot is focusing on the old car market segment and targeting low income customers with these cars.

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Marko, Inc. is considering the purchase of ABC Co. Marko believes that ABC Co. can generate cash flows of $5,000, $9,000, and $1
nika2105 [10]

Answer:

$21,435.74

Explanation:

Marko will pay as much as the discounted present value of the cash flow:

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  $5,000.00

time  1.00

rate  0.14000

\frac{5000}{(1 + 0.14)^{1} } = PV  

PV   4,385.9649

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  $9,000.00

time  2.00

rate  0.14000

\frac{9000}{(1 + 0.14)^{2} } = PV  

PV   6,925.2078

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  $15,000.00

time  3.00

rate  0.14000

\frac{15000}{(1 + 0.14)^{3} } = PV  

PV   10,124.5727

We add them together and get the total price for ABC Co

\left[\begin{array}{ccc}#&Cashflow&Discounted\\&&\\1&5000&4385.96\\2&9000&6925.21\\3&15000&10124.57\\&total&21435.74\\\end{array}\right]

8 0
4 years ago
The higher the forgetting rate associated with a brand, product category, or message, the lower the warranted level of repetitio
Pani-rosa [81]

Answer:

False

Explanation:

Forgetting curve depicts how a person tends to forget about a particular information over time when there is no attempt to retain it.

Normally memory retention declines over time without repetition.

The lower the forgetting rate of customers associated with a brand the lower the number of repetition required to retain the information.

When rate of forgetting is high customers easily forget about the product. So there is need for higher repetition to keep the information fresh in their minds.

5 0
3 years ago
Different prices are commonly charged to different groups of consumers for tickets at movie theaters, whereas the groups are cha
ankoles [38]
I think the explanation of this manner is that the concession items have a high-profit margin. It has more sales than the theater tickets. So to avoid the possible losses of income, the theater decides to make the prices of each item of concession stand must be the same to a different group of people. 
4 0
4 years ago
Mrs. Brown is a lawyer, specialized in common-law and she
jeka57 [31]

Mrs. Brown has to follow the provincial law regime.

<u>Explanation:</u>

  • The basic difference between federal and provincial law is that federal law or the federal government enacts laws and legislation for all the state of the country while provincial laws are those laws that are for the specific province or state. Furthermore, the Federal government has the authority to enact criminal laws and enactments while the provincial law has got no such authority.
  • The Canadian Federal Government is solely responsible for making laws and legislation that covers and impacts the entire country while the provincial government has the authority to make enactments which directly impacts and concerns their territory. The federal laws concern laws governing the national interest of the country including national defense, criminal law, and national postal services while health care, public education, and highways are part of provincial government legislation.  
  • In the given question, Mrs. Brown who is a lawyer by profession wants to create a company to operate her business activities in all provinces and territories - this is a situation which requires provincial law to be implemented since it concerns the business formation and it's operation for an individual and hence doesn't concerns the national interest of the country.  
7 0
4 years ago
Assume that Sallisaw Sideboards, Inc. had a retained earnings balance of $10,000 on April 1, and that the company had the follow
algol13

Answer:

$11,400

Explanation:

Calculation to determine What was Sallisaw's retained earnings balance at the end of April

First step is to calculate the Net income for the month of April

April Net income=$2,000+$900-$800-$700

April Net income=$1,400

Now let calculate the Retained earnings at the end of April

April Retained earnings=$10,000+$1,400=$11,400

April Retained earnings= $11,400

Therefore What was Sallisaw's retained earnings balance at the end of April is $11,400

7 0
3 years ago
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