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Shkiper50 [21]
3 years ago
15

Why is it important to conduct market research on your target audience before building your marketing plan?

Business
2 answers:
nalin [4]3 years ago
5 0

Answer:

B

Explanation:

Marketing strategies vary in effectiveness depending on what kind of customer you're trying to sell to. A product that is designed for the younger generation wouldn't sell that well in a newspaper, a medium that is mostly used by older consumers.

kozerog [31]3 years ago
4 0
It would be b it’s obvious
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The market demand for wheat is Q = 100 − 2p + 1pb + 2Y . If the price of wheat, p, is $2, and the price of barley, pb, is $3, an
stira [4]

Answer:

0.95

Explanation:

Given that,

Market demand for wheat: Q = 100 − 2p + 1pb + 2Y

price of wheat, p = $2

price of barley, pb = $3

Income, Y = $1000

Q = 100 − 2p + 1pb + 2Y

   = 100 - (2 × 2) + (1 × 3) + (2 × 1,000)

   = 100 - 4 + 3 + 2,000

   = 2,099

Differentiating Q with respect to Y,

dQ/dY = 2

Income elasticity of wheat:

= (dQ/dY) × (Y ÷ Q)

= 2 × (1,000 ÷ 2,099)

= 0.95

4 0
3 years ago
A forecast that addresses the business cycle by predicting planning indicators is
zloy xaker [14]

Answer:

B. a demand forecast.

Explanation:

3 0
3 years ago
Wright Company's cash account shows a $29,300 debit balance and its bank statement shows $27,600 on deposit at the close of busi
IgorLugansk [536]

Answer:

Bank Reconciliation Statement:

Calculation of Adjusted cash Balance on 31 May:

Cash Balance:                              $ 29,300

less: Bank Charges                      $ (190)

less: NSF Check                          <u> $ (420)</u>

Adjusted cash Book Balance      $ 28,690

Add: Outstanding Checks           $ 6,500

Less: Uncleared Checks              <u>$ 7,100</u>

Revised Cash Book Balance (A) <u>$ 28,090</u>

Bank Statement Balance               $ 27,600

Add: Error by Bank                         <u>$   490    </u>

Adjusted Bank Balance (B)           <u>$ 28,090</u>

Explanation:

Bank reconciliation is a company document prepared in order to reconcile difference between balance as per cash book and balance as per bank statement.

The difference arise because of two reasons:

  • Timing differences (Outstanding checks and Uncleared checks
  • Error and Omissions. (Bank charges -NSF)
6 0
3 years ago
Marketing ________ sports involves the strategic marketing efforts of companies in which they partner with a sports entity for s
melamori03 [73]

'Marketing through sports involves the strategic marketing efforts of companies in which they partner with a sports entity for some commercial benefit.

Marketing strategy is the process that enables a company to focus its limited resources on the greatest opportunities to increase sales and achieve a sustainable competitive advantage.

Marketing activities are the resources companies spend to promote their products and services. Through marketing activities, businesses can generate demand and interest in their products and increase awareness among potential customers.

marketing strategy helps you discover areas that will be impacted by business growth, thereby helping you create organizational plans that address customer needs. It helps organizations appropriately price their goods and services based on information gathered through market research.

Learn more about Marketing strategy brainly.com/question/25640993

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6 0
2 years ago
Beckett, Inc., has no debt outstanding and a total market value of $200,000. Earnings before interest and taxes, EBIT, are proje
FrozenT [24]

Answer:

Beckett, Inc.

Earnings Per Share:

a-1. Earnings Per Share:

Economic Conditions                          Normal    Expansion  Recession

Earnings before interest and taxes = $30,000  $35,400      $24,000

Earnings per share:

Recession = $24,000/8,000                                                       $3.00

Normal = $30,000/8,000                   $3.75

Expansion = $35,400/8,000                                    $4.43

a-2. Percentage changes in EPS:

Recession = -$0.75/$3.75 x 100 = -20%

Expansion = $0.68/$3.75 x 100 = 18.13%

b-1. EPS after recapitalization:

Economic Conditions                          Normal    Expansion  Recession

Earnings before interest and taxes = $30,000  $35,400      $24,000

Interest at 8%                                         $8,000    $8,000        $8,000

Earnings after interest                        $22,000  $27,400       $16,000

Earnings per share:

Recession = $16,000/8,000                                                       $2.00

Normal = $22,000/8,000                   $2.75

Expansion = $27,400/8,000                                    $3.43

b-2. Percentage changes in EPS:

Recession: -$0.75/$2.75 x 100 = -27.27%

Expansion:  $0.68/$2.75 x 100 = 24.73%

Explanation:

1. Data:

Market Value = $200,000

Economic Conditions                          Normal    Expansion  Recession

Earnings before interest and taxes = $30,000  $35,400      $24,000

Issue of debt for $75,000 with 8% interest

Proceeds to repurchase shares of stock.

Outstanding shares = 8,000

Ignore taxes

5 0
3 years ago
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