<span>this consulting company is using a b2b model.
B2b stands for business to business., it means that all the transactions that is made through this model will be done by a producer/company to another producer/company, usually b2b products took form in some sort of service that make it easier for another company to serve its customers.
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Answer:
Target sales revenue = $7,830,000
Explanation:
given data
target price = $270
annual target sales volume = 29,000
target operating income = 40%
to find out
Target sales revenue
solution
we will get here Target sales revenue that is express as
Target sales revenue = target price × annual target sales volume .................1
put here value we get
Target sales revenue = $270 × 29000
Target sales revenue = $7,830,000
Answer: evoked set
Explanation:
In simple words, evoked set refers to the collection of brands that initially comes in the mind of the consumer when he or she is willing to buy a product in market. These are the brands that are of high significance to the customer and that individual customer completely trust such brand.
Every producer in the market wants to be in the evoked set of the consumer as there is a high probability that customer will choose to buy their willing commodity form such a set. However, positioning in evoked set cannot be marked quickly as it depends on various factors such as duration, quality and price etc.
Answer: 180%
Explanation:
Return on investment = (operating income/sales) x (sales/total assets)
=> operating income / total assets
given Operating income=1,800,000
Total assets.1,000,000
Current liabilities.=810,000
Return on investment=1,800,000/1,000,00=1.8 X 100= 180%
