1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Gala2k [10]
3 years ago
15

Several years ago, Canadian Sam Holman realized there may be a need for a stronger, more durable wood baseball bat. He went thro

ugh the process of developing the SamBat, a maple bat of precise dimensions. He set a price with a reasonable margin, he decided to take special orders and sell bats directly from his garage, and he promoted the bat with sales calls to professional baseball camps, where ball players could sample the bat. In marketing terms, we recognize that Mr. Holman designed the
A) marketing process.
B) marketing mix.
C) marketing equity.
D) marketing distribution.
Business
1 answer:
Bingel [31]3 years ago
5 0

Answer:

B) marketing mix.

Explanation:

This is a marketing mix that Mr Holman designed. This is the 4P's; Product, Price, Promotion, Place

From this paragraph, you pick the hint from this sections;

  • "He went through the process of developing the SamBat, a maple bat of precise dimensions" -(PRODUCT); the good that fulfills the need in the market.
  • "..He set a price with a reasonable margin" -(PRICE) ; basically, the value of your product
  • "..he decided to take special orders and sell bats directly from his garage"-(PLACE); where your customers will get access to the product; the ideal location.
  • "and he promoted the bat with sales calls to professional baseball camps, where ball players could sample the bat. "- (PROMOTION) ; involves making the product known in the market and it involves advertising, public relations or online marketing.
You might be interested in
If you are starting a new business, you can assume with some certainty that your customers will have the same level of technolog
kakasveta [241]
This would be false
8 0
3 years ago
Read 2 more answers
On December 31, 2020, Flint Corporation sold for $150,000 an old machine having an original cost of $270,000 and a book value of
dalvyx [7]

Answer:

$105,547

Explanation:

Original cost of machine = $270,000

Machine sold for = $150,000

Book value = $120,000

Down payment = $30,000

$60,000 payable on December 31 each of the next two years .

Present value of an ordinary annuity of 1 at 9% for 2 years = 1.75911

The amount of the notes receivable net of the unamortized discount:

= Amount paid on December 31st ×  Present value of an ordinary annuity

= $60,000 × 1.75911

= $105,547

3 0
3 years ago
Harte Systems, Inc., a maker of electronic surveillance equipment, is considering selling to a well-known hardware chain the rig
Taya2010 [7]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

The proposed deal calls for the hardware chain to pay Harte $30,000 and $25,000 at the end of years 1 and 2 and to make an annual year-end payments of $15,000 in years 3 through 9. The final payment to Harte of $10,000 would be due at the end of year 10.

1)

Cash flows:

Year 1= 30,000

Year 2= 25,000

Year 3= 15,000

Year 4= 15,000

Year 5= 15,000

Year 6= 15,000

Year 7= 15,000

Year 8= 15,000

Year 9= 15,000

Year 10= 10,000

2) To calculate the present value we need to use the following formula for each cash flow:

PV= FV/(1+i)^n

Year 1= 30,000/1.12= 26,785.71

Year 2= 25,000/1.12= 22,321.43

Year 3= 15,000/1.12= 13,392.86

....

Year 10= 10,000/1.12^10= 3,219.73

PV= $104,508.27

3) The present value of cash inflows is higher than $100,000. It is more convenient to decline the $100,000.

4 0
3 years ago
Knowing your audience: Find an example of when a company or business did not listen to its customers. Investigate the case and e
geniusboy [140]

Answer:

E.g., Nokia did...

Customers made it clear to them that neither Windows phone nor Symbian will get anywhere near Android or iOS.

They resisted, ignored. They just flat out wanted the customers to adapt to their OS rather the other way around due to the absolute authority in the mobile phone market share.

As with any business which doesn't evolve as per the customer demands, the end was inevitable, and it was just a matter of time.

Brainliest me <3

8 0
3 years ago
If a company defaults on a loan, the organization that granted the loan may be able to seize the assets of the company.
mariarad [96]
This is indeed true
5 0
3 years ago
Other questions:
  • In A competitive balance sheet,the ending cash was315000 in 2011 and270000 in 2012 the net increase or decrease is:
    5·1 answer
  • Suppose toyota manufacturing plant employs a total of 100 workers and pays a mean monthly salary of $ 5,000 to the employees in
    11·1 answer
  • You have two options to repay a loan. You can repay $6,000 now and $5,940 in one year; or you can repay $12,000 in 6 months. Fin
    14·1 answer
  • Marshall's &amp; Co. purchased a corner lot in Eglon City five years ago at a cost of $640,000. The lot was recently appraised a
    15·1 answer
  • the return to schooling for society is higher than the return to schooling for the individual if a. the concept of diminishing r
    10·1 answer
  • The $1,000 face value ABC bond has a coupon rate of 10%, with interest paid annually, and matures in 3 years. If the bond is pri
    13·1 answer
  • How are dividends and dividends payable reported in the financial statements prepared at december 31
    13·1 answer
  • What are the 4 factors that affect the international business environment? Give two examples/characteristics of each.
    11·1 answer
  • A firm is considering the purchase of a $500,000 machine for its business. The machine is expected to increase sales by $237,000
    10·1 answer
  • This tax is locally assessed, varies according to the worth of land and goods on it, and generally funds things like public scho
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!