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3 years ago

Explain how an items target market might affect its price

Business

1 answer:

Lubov Fominskaja [6]3 years ago

6 0

Answer:

A target market is a group of buyers whom the company wants to acquire as customers, directing its marketing program to them in order to motivate them to acquire the product. The company selects the market in which it intends to operate based on previously identified market segments and their characteristics, which emerge from previously carried out market evaluations.

The target market of a certain product can clearly influence its price, as it depends on the market to which the company aims to sell the product: if you want to sell, for example, a car to young people who have just entered the labor market (and therefore do not have the highest wages in the market), the value of said car will be affordable compared to other similar car prices.

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Kelly Enterprises' stock currently sells for $35.25 per share. The dividend is projected to increase at a constant rate of 4.75%

olganol [36]

Answer:

stock's expected price is $44.45

Explanation:

given data

currently sells = $35.25 per share

constant rate r = 4.75% per year = 0.0475

required rate of return = 11.50% = 0.1150

time t = 5 year

solution

we get here future value that is express as

future value = currently sells × $(1+r)^{t}$ ..................1

put her value we get

future value = $35.25 × $(1+0.0475)^{5}$

future value = $44.45

so stock's expected price is $44.45

3 0

3 years ago

Gainville Inc. manufactures Android phones. Each new Gainville phone launch advances the cause of democratizing technology. Gai

alina1380 [7]

Answer:

Strong belief and values.

Explanation:

Marketers need to position their brands clearly in the minds of consumers.

Brand strategy decision incluedes:

-product attributes.

-product benefits

-product belive and values. Strongest brands go beyond attribute or benefit position. These brands pack an emotional wallop. They focus on creating surprise, passion and excitement surrounding a brand.

8 0

3 years ago

If a government wants to pursue an expansionary fiscal policy, then a tax cut of a certain size will be more expansionary when t

zvonat [6]

Answer:

Economy's marginal propensity to save (MPS) is small.

Explanation:

Fiscal policy in economics refers to the use of government expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as Aggregate Demand (AD), inflation, and employment within a country. Fiscal policy is in relation to the Keynesian macroeconomic theory by John Maynard Keynes.

For instance, measuring the time between when a fiscal policy is implemented and when the people feel its impact in the society refers to a lag.

A fiscal policy affects combined demand through changes in government policies, spending and taxation which eventually impacts employment and standard of living plus consumer spending and investment. Monetary policy affects the money supply in an economy, which then creates an impact on interest rates and the inflation rate.

Basically, an expansionary fiscal policy comprises of rebates, transfer payments, tax cuts, as well as an increase in government spending on the improvement of infrastructure and other public projects.

Hence, if a government wants to pursue an expansionary fiscal policy, then a tax cut of a certain size will be more expansionary when the Economy's marginal propensity to save (MPS) is small.

4 0

3 years ago

Brummer Corporation makes a product whose variable overhead standards are based on direct labor-hours. The quantity standard is

Sonja [21]

Answer:

c) Variable overhead efficiency variance = $320 Unfavorable

Explanation:

The variable overhead efficiency variance is the difference between the actual hours and the standard hours for the actual output valued at the standard variable overhead rate per hour.

Hours

8700 units should have taken (8700× 0.1) 870

but took 910

40 Unfavorable

× Standard rate per hour × $8

Variable overhead efficiency variance $320 Unfavorable

Variable overhead efficiency variance = $320 Unfavorable

8 0

3 years ago

When you eat out and have $25 to spend, what information do you need to maximize your utility?

dexar [7]

You can compare the costs and benefits of where you want to eat, in order to receive a greater satisfaction from your purchase. When comparing also keep in mind all the factors from where you want to eat out (quality of the food, where will you get more out of your purchase, etc.).

8 0

3 years ago