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natka813 [3]
3 years ago
12

Assume you are a brand manager of a clothing brand that offers formal clothing for gents in mid-tier market segment. The brand i

s constantly experiencing low sales for last six months. Being the brand manager you are given a task of carrying out the research to identify the problem. Explain in detail (step-wise) the market research you will carry out to identify the cause. Also provide the plausible trends (outcomes) of the research. You may assume any detail (such as brand name, location, etc.) yourself that is not mentioned here and may be needed for solving the problem. However, mention those details in your solution.
Business
1 answer:
vlada-n [284]3 years ago
8 0

Answer:

Following steps are followed to carry out research for declining sales,

Define the problem

List possible solution

Evaluate each alternative solution

Finalize the solution

Implement the solution

Measure results

Explanation:

Sales is very crucial element for any business. The declining sales at gents clothing brand has created a problem for business managers. The declining sales will results in many problems like, inventory obsolete issues, lesser profits, increase cost and similar. The main reason for declining sales could be change in fashion or trend. Gents clothing is very much impacted by celebrities. If some popular celebrity has changed its way of dressing the impact can be observed in entire fashion industry.

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An investor purchased 100 shares of stock X at \small 6\frac{1}{8} dollars per share and sold them all a year later at 24 dollar
Salsk061 [2.6K]

Answer:

option (C) 280%

Explanation:

Number of shares of stock X purchased = 100

Purchasing cost of share = \$6\frac{1}{8} =\frac{49}{8}

Selling cost of stocks = $24 per share

Brokerage paid = 2%

Now,

The total purchasing cost involved = 100\times\frac{49}{8} + 2% of 100\times\frac{49}{8}

= 612.5 + 0.02 × 612.5

= $624.75

also,

Total income from sales of stocks

= Total selling cost of shares - brokerage paid

= $24 × 100 - 2% of Total selling cost

= $2400 - ( 0.02 × $2400 )

= $2400 - $48

= $2,352

now,

The investor's percent gain on this investment = \frac{\textup{Income-invested amount}}{\textup{Invested amount}}\times100\%

= \frac{\textup{2,352 - 624.75}}{\textup{624.75}}\times100\%

= \frac{\textup{1727.25}}{\textup{624.75}}\times100\%

= 276.47% ≈ 280%

Hence, the correct answer is option (C) 280%

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2 years ago
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7 0
3 years ago
Which of the following statements is CORRECT?a. One defect of the IRR method versus the NPV is that the IRR does not take accoun
KIM [24]

Answer:

d. One defect of the IRR method versus the NPV is that the IRR does not take proper account of differences in the sizes of projects.

CORRECT As the project yields over time can differ. This generates that projects with a lower IRR can achieve a higher NPV at lower rates.

There is a crossover point after which a projects NPV are equal and from there the one with higher IRR obtains better NPV

Explanation:

a. One defect of the IRR method versus the NPV is that the IRR does not take account of the time value of money.

FALSE both method consider time value of money

b. One defect of the IRR method versus the NPV is that the IRR does not take account of the cost of capital

FALSE The IRR can be compared against the cost of capital to indicate wether or not a project should be preferable

.c. One defect of the IRR method versus the NPV is that the IRR values a dollar received today the same as a dollar that will not be received until sometime in the future.

FALSE IRR considers the time value of money

e. One defect of the IRR method versus the NPV is that the IRR does not take account of cash flows over a project's full life.

FALSE it considers all the cash flows over the project's full life.

7 0
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Question 10 of 10 Which of the following is the largest student organization and focuses on developing business leaders?
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