Rather than assume the product was a "dog," the Grape-Nuts marketing manager decided Post should first do marketing research to identify what needs were not being satisfied
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Explanation:</u></h3>
Marketing research helps a business in the identification of the problems that exist in the market and also finding solutions for those problems. There are many methods that can be used by a firm in doing market research such as focus groups, surveys, personal interviews, field trials and observation. The opinions of the consumers can be easily gathered and the ares of the strength and improvement can be identified.
The information that are collected from these research methods can be used by a firm in correcting the problems. In the given example, Post Cereal Co the sales was found to decline. The identification of the need of the needs of the consumers that are not satisfied must be identified first so that the problem can be solved.
Invest in training schemes for the unemployed to boost their human capital to equip them with new skills and skills that can be transferred from one occupation to another.
Subsidise the provision of vocational training by private sector firms to raise the skills level.
Answer:
Total Cash= $19,750
Explanation:
Giving the following information:
Hammond's Cookie Toppings makes payments on its inventory purchases as follows: 30% in the month of purchase, 65% in the following month, and 5% in the second month following purchase. Budgeted inventory purchases for June, July, and August are $16,000, $19,000 and $22,000, respectively.
Cash for August:
Purchase for August= 0.30*22,000= 6,600
From July= 0.65*19,000= 12,350
From June= 0.05*16,000= 800
Total= $19,750
.70 since the top 8 firms produce 70% of the output.
Answer:
6.75%
Explanation:
The calculation of the coupon rate is given below:
Given that
PV = $1,037
FV = $1,000
YTM = 6.4% ÷ 2 = 3.2%
NPER = 17.5 × 2 = 35
The formula should be
=PMT(RATE,NPER,-PV,FV,TYPE)
After applying the above formula, the pmt should be $33.77
Annual pmt is
= $33.77 × 2
= $67.55
Now the coupon rate is
= 67.55 ÷$1,000
= 6.75%