Answer:
c. $45
Explanation:
Transfer price is the price charged for a product which is transferred to other department/ division / subsidiary of same company / group. The minimum selling price in the absence of any excess capacity is the price available in the market, because the company has demand for the product and it does not lost the sale if transfer not takes place. The product can be sold in the market. So the Transfer price should be $45.
Answer: b. The company did not define its business in terms of the benefits customers seek.
Explanation:
In order for a business to make money, it needs to provide its customers with what they want not what the company wants the customers to want.
In this scenario, people switched to shampoos that could be used by people of all ages instead of just small children because this is what they wanted but not what the company provided. If the company had defined its business in terms of what their customers wanted, they would have made an all age shampoo which would have been bought.
Answer:
B. Creating value for customers.
Explanation:
Marketing is all about building values for customers. Its about creating customer relationships which are profit generating. Any company or brand has a value proposition. It is the set of benefits the company promises to deliver to the consumer to satisfy his/her needs. Thus marketing is the bridge which connects the brand with the customers perceived value of the brand. It makes sure the customer pledges loyalty to the brand, by delivering on its promises on the value proposition. Thus, the most important role that marketing plays in the economy is Creating Value for Customers.
Regarding the Production Possibilities Curve, a decrease in the unemployment rate will most likely move us from a point inside the PPC to a point closer to the PPC.
Option B;
<u>Explanation:
</u>
The curvature of production options measures the maximum capacity of two items by means of a specified input amount. There was a misunderstanding. Each item on the curve indicates how much every good is generated when assets change from one good to another. The curve tests the difference between one positive and another.
As somewhat of a movement within the Curve of production opportunities it may be decreased to a point nearer to the Curve of production opportunities as an inside point
.
Answer:
b. Exploratory research
Explanation:
As the sales has been declined in Latin American territory with no knowledge to the team about sudden decline in sales performance therefore, Exploratory research can be helpful as to collect the information through the various means such as focus groups, customer advisory boards etc to know the exact reason for the decline so that the corrective action plan can be formulated