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2 years ago

Explain in brief about market development

Business

2 answers:

andrew-mc [135]2 years ago

7 0

Answer:

Definition: Market development is a strategic step taken by a company to develop the existing market rather than looking for a new market. The company looks for new buyers to pitch the product to a different segment of consumers in an effort to increase sales

Explanation:

MARK ME AS BRAINLIEST

Westkost [7]2 years ago

3 0

Answer:

Market development is a strategic step taken by a company to develop the existing market rather than looking for a new market. The company looks for new buyers to pitch the product to a different segment of consumers in an effort to increase sales.

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Charlton is the maker of a $200,000 promissory note payable to Development & Sales Corporation. Development & Sales indo

Slav-nsk [51]

Answer:

First Select Investors

Explanation:

With timely notice to the proper parties, Global Bank may collect payment on the note from First Select Investors.

Although Charlton is the maker of the $200,000 promissory note payable, and was directly issued to Development & Sales Corporation, the party that issued it to Global Bank is First Select Investors.

Hence, Global Bank has direct link to First Select Investors and will notify the later about payment of their account receivable.

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3 years ago

Read 2 more answers

Parc hired Glaze to remodel and furnish an office suite. Glaze submitted plans that Parc approved. After completing all the nece

seraphim [82]

Answer:

From the information given about the contract and its execution between the two parties involved( That is, Parc and Glaze), the option 2 is most likely.

2. Glaze will win because Glaze substantially performed and Parc prevented complete performance.

Explanation:

It is stated that Glaze was hired to remodel and furnish an office suite, after a submitted plans by Glaze were approved by Parc. It was further stated that the construction and painting had been done.

Although, with Glaze purchasing minor accessories which Parc rejected because they did not conform to the plans is a breach of contract, but that can be corrected by calling Glaze to order. However, it was Parc that refused to allow Glaze to make necessary corretion and complete the project and also refused to pay Glaze any part of the contract price.

5 0

3 years ago

Compound Interest:

MA_775_DIABLO [31]

Option answer:

d. Interest = $10.64 and New Balance = $360.64

Answer:

A = $360.64

A = P + I where

P (principal) = $350.00

I (interest) = $10.64

Calculation Steps:

First, convert R as a percent to r as a decimal

r = R/100

r = 1.5/100

r = 0.015 rate per year,

Then solve the equation for A

A = P(1 + r/n)nt

A = 350.00(1 + 0.015/4)(4)(2)

A = 350.00(1 + 0.00375)(8)

A = $360.64

Summary:

The total amount accrued, principal plus interest, with compound interest on a principal of $350.00 at a rate of 1.5% per year compounded 4 times per year over 2 years is $360.64.

7 0

2 years ago

?_____ are responsible for developing operational plans. ?middle managers ?board of directors ?top managers ?lower-level manager

Gelneren [198K]

The answer is your last option: lower-level managers. Hope I helped! :)

7 0

3 years ago

Use the following selected information from Wheeler, LLC to determine the 2017 and 2016 trend percentages for net sales using 20

babunello [35]

Answer:

119.4% for 2017 and 100.0% for 2016.

Explanation:

2017 2016

Net sales $276,200 $231,400

Cost of goods sold $151,900 $129,590

Operating expenses $55,240 $53,240

Net earnings $27,820 $19,820

since we are using 2016 as a base year, the $231,400 in net sales represent 100%, so the trend percentage for 2017 = net sales 2017 / net sales 2016 $276,200 / $231,400 = 1.1936 = 119.4% or a 19.4% increase.

The base year's amount will always be 100% or 1, and the trend percentages will change relative to that year.

7 0

3 years ago

Read 2 more answers

Explain in brief about market development​

Explain in brief about market development