Answer:
d. the complexity of the product.
Explanation:
Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. The pre-service strategies includes identifying the following target market, design, branding, market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.
Personal selling also known as face-to-face selling can be defined as a sales technique or strategy in which the salesperson meets with the potential buyer (customer) for the sole purpose of convincing him or her to buy a product.
For Michael, personal selling works better than other forms of promotion because of the complexity of the product i.e high technicalities associated with the product. The product Michael are highly technical and as such would require guidance or explanation on how to safely use them.
Well, you don't have exact information for me to solve it.
Answer:
$5,790
Explanation:
As we know that
Future value = Present value × (1 + rate)^number of years
where,
Present value = $?
Future value = $12,500
Rate = 8%
Number of years = 10 years
So, the present value equal to
= $12,500 ÷ (1 + 0.08)^10
= $12,500 ÷ 2.1589249973
= $5,790
Basically we applied the future value formula so that the present value could come
Answer:
B. decrease the demand for e-readers.
Explanation:
Substitute Good is a factor effecting demand of a good. A good's demand and it's substitute good's price are directly related.
- Price rise of a good's substitute makes the good relatively cheaper & increases that good's demand.
- Price fall of a good's substitute makes the good relatively expensive & decreases that good's demand
So, If tablet computers & e - readers are substitutes : Decline in price of tablet will make e - readers relatively expensive & decrease the demand for e - readers.
Answer:
The correct answer is the option A: government regulations.
Explanation:
Government regulations are those that could influence the business' operations in order to make them more profitable or less profitable. Therefore that this type of intervention is not a major advantage of a coporation due to the fact that most of the government regulations <em>tend to generate more difficult situations in where to operate and manage the business</em> in order to facilitate and improve the benefits from the employees and from the society, which is good in general, but sometimes difficult the fact of managing the organization.
