Walmart’s various marketing channel relationships offer examples of different forms of a vertical marketing system.
<u>Explanation:
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In vertical marketing system, the manufacturer, the wholesale distributor and the retail distributor work together to promote and manage huge base of customers. There are three distinguished forms in vertical marketing system namely,
- Corporate- where one member among the distribution channels holds the ownership.
- Administered- where one member among the distribution channels, without any ownership stake hold and coordinates the other members
- Contractual- where independent companies club together for mutual benefit on a contract basis.
Here, the Walmart company imposes control on small producers namely Brown Betty Dessert Boutique for their mutual benefits. The Walmart has the advantage of handling the key holds from the production of the product to the selling of the product. This helps in anticipating the problems priory, making necessary changes and thereby increasing the efficiency.
The answer to your question would be : Hello ! :)
After a long thought process regarding this question, I concluded that this would be the only acceptable response.
Hi there
Worth of merchandise after purchase returns
4,000−275=3,725
Worth of merchandise after cash discount
3,725+3,725×0.02=3,799.5
Add the transportation cost to the cost of merchandise to get total amount paid for this merchandise
3,799.5+350=4,149.5
Good luck!
Answer:
c. the administrative principles approach.
Explanation:
The administrative principles approach serves as a guideline to understand the functions that a manager must carry out in order to successfully manage a business. They outlined a series of administrative functions:
- planning
- organizing
- directing
- coordinating
- controlling
Answer:
The intrinsic value per share is $33.92
Statement A is true about the constant growth model.
A. The constant growth model can be used if a stock's expected constant growth rate is less than its required return
Explanation:
The fair value or the intrinsic value per share of a stock whose dividends grow by a constant rate forever can be calculated using the constant growth model of dividend discount model approach. This model values a stock based on the present value of the expected future dividends from the stock. The fair value today under this model is calculated as follows,
P0 = D0 * (1+g) / (r - g)
Where,
- D0 * (1+g) is the dividend for the next period or D1
- r is the required rate of return
- g is the constant growth rate
P0 = 2.88 * (1+0.06) / (0.15 - 0.06)
P0 = $33.92
The constant growth model can only be used when the sustainable or constant growth rate is less than the required rate of return because a growth rate which is higher than the required rate of return will provide a negative share price and the prices for shares can never be negative. Thus statement A is correct.