Answer:
Helps understand what your product or service can offer to your customers. Helps plan a successful product offering. Helps with planning, developing and executing effective marketing strategies. Helps businesses make use of their strengths and avoid unnecessary costs.
Explanation:
The IRS says that you can destroy them after three years. However, if you owe taxes, it is better to keep them up to 10 years.
Answer:
- A. Marketing.
- B. Products.
- A. Marketing objective
- B. Choose your promotion strategy
- B. Customer Value.
Explanation:
Marketing is all about knowing what the customer wants and satisfying it by offering the relevant products.
Products are simply bundles of benefits that were designed to be able to satisfy the needs and wants of customers.
The marketing objectives specify what the goals need to be achieved when marketing so comparing reality against them helps show progress.
The promotion strategy shows the activities that will be undertaken during the marketing of your goods and services.
Finally, the customer value from a product is simply what benefit the customer received less the cost of receiving that benefit.
Answer :
A. Stereotype (i think this is right)
Answer:
Food is more profitable
Explanation:
The formula for calculating the gross margin ratio is as below.
Gross margin ratio= gross profit/ net sales.
Therefore, gross profit= net sales x gross profit ratio
in this case:
The gross profit ratio is 67%
gross profits from food sales
=1200 x (67/100)
=$804
Gross profit from beverages
=$800 x ( 67 /100)
=$536
Gross profit from food sales is higher than that of beverages
Food is more profitable
