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3 years ago

Five principles of marketing food items

Business

1 answer:

UNO [17]3 years ago

6 0

Answer:

Explanation: The 5 P's of Marketing – Product, Price, Promotion, Place, and People – are key marketing elements used to position a business strategically.

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Telling your spouse where you would like to go out to eat for your birthday makes sense in terms of utility maximization. This s

Elanso [62]

Answer:

The correct answer is: The benefit of making the request will likely exceed the cost.

Explanation:

Utility maximization implies obtaining the greatest return after making a decision considering the least amount possible of resources in the process to obtain what is desired. The benefit is greater than the cost, utility maximization takes place in determining what the benefit and the cost could be.

Thus, if you decide to tell your spouse where to go to eat for your birthday, the benefit of informing that is likely higher than the cost of disclosing that information.

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3 years ago

Which of the following best represents the three types of business organizations today? a. Financial, sales, and product creatio

asambeis [7]

Answer: b. Services, marketing intermediaries, and manufacturing

Explanation:

The three types of businesses today;

Services - Service companies sell intangible goods otherwise known as services to people who will derive value from them. As such they are highly focused on customer satisfaction which leads to them employing individuals with the knowledge and experience to provide services. Examples include; Accounting firms, law firms, etc

Marketing Intermediaries - These are the middle men in the market. The facilitate the flow of goods from the producer/ supplier to the end user. They include: agent, wholesalers, retailers, financial institutions etc.

Manufacturing - Manufacturing businesses are those who produce the goods that we use today. They are most probably the biggest and most valuable of the 3 types as they comprise of all goods manufactured in the market including technology, commodities, construction, automobiles and the like.

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4 years ago

The signaling aspect of the market system refer to:______

Tanya [424]

Answer:

The correct answer is letter "A": the price of the good to the consumer and producer.

Explanation:

While talking about markets in Business, signaling refers to the asymmetry of information between buyers and sellers. Usually, sellers provoke a buying pattern in consumers because of a piece of information that is unknown by other parties. Individuals providing that information are called insiders.

Thus, signaling is an aspect of the market system inherent to the price that influences in the behavior of buyers and sellers.

6 0

4 years ago

María works for 5 hours and 15 minutes. How should she write that on her time card?

padilas [110]

Hello there! So, the 5 hours will represent a whole number. There are 60 minutes in an hour, and as you may know, 15 minutes is one quarter of an hour, and one quarter is equivalent to 0.25 in decimal form. When we add, 5 + 0.25 is 5.25. There. María should write the time as 5.25 on her time card. The answer is C: 5.25.

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3 years ago

Phoenix Company can invest in each of three cheese-making projects: C1, C2, and C3. Each project requires an initial investment

arlik [135]

Answer:

Only projects C2 and C3 should be carried out since their net present value is positive ($5,630 and $15,329 respectively). While project C1 should be rejected because its NPV is negative.

Explanation:

C1 C2 C3

initial investment -$288,000 -$288,000 -$288,000

cash flow 1 $32,000 $116,000 $200,000

cash flow 2 $128,000 $116,000 $80,000

cash flow 3 $188,000 $116,000 $68,000

total $348,000 $348,000 $348,000

required rate of return =9%

NPV -$5,737 $5,630 $15,329

NPV C1 = -$288,000 + $32,000/1.09 + $128,000/1.09² + $188,000/1.09³ = -$5,737

NPV C2 = -$288,000 + $116,000/1.09 + $116,000/1.09² + $116,000/1.09³ = $5,630

NPV C3 = -$288,000 + $200,000/1.09 + $80,000/1.09² + $68,000/1.09³ = $15,329

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4 years ago