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devlian [24]
3 years ago
8

Vance, a marketing major, was helping his sister develop her retail shop. Her business was not thriving, and Vance quickly deter

mined that trying to please everyone was pleasing no one. Together they worked out an approach where she would identify groups of customers who had similar needs, and then work with each group to meet their needs. This basic process in marketing is called
Business
1 answer:
GREYUIT [131]3 years ago
8 0

Answer:

"Marketing segmentation" is the appropriate answer.

Explanation:

  • The technique of dividing large operations into communities having shared requirements, specifications as well as preferences, would be considered as Marketing segmentation.
  • However, it is founded upon this notion that within an attempt to maintain their competitive edge as well as improved flexibility, organizations should identify organizational process categories.

Thus, the above is the correct response.

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Siddiqi has been a team leader in a company for five years. he was promoted to a managerial role after taking his leadership qua
ElenaW [278]

Based on McClelland’s Learned Needs Theory, Siddiqi is likely to be motivated by the need of power. Need of power when high has a desire of controlling everything and exaggerates their own resources and position, whereas in low level, it is likely to minimize one’s position and resources.

3 0
3 years ago
Your vote is not likely to matter (determine the outcome of an election) and you reason that it is irrational to take the time a
Sonbull [250]

Answer:

.......................

5 0
3 years ago
You have just turned 22 years old, and have accepted your first job. Now you will decide how much money to put into your retirem
gayaneshka [121]

Answer:

Annual deposit= $71,428.57 per year

Explanation:

Giving the following information:

You expect to live to 100 and work until you turn 65. You estimate that you will need $100,000 per year.

Every dollar in the plan earns 7% per year.

You have just turned 22 years old.

First, we need to calculate the amount of money necessary in retirement:

Final value= 100,000*35 years= 3,500,000

Now, using the following formula, we calculate the yearly deposit needed:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

n= 65-22= 43

FV= 3,500,000

i=0.07

A= (3,500,000*0.07)/[(1.07^22)-1]

A= 245,000/3.43

A= 71,428.57 per year

4 0
3 years ago
What term is used by strength coaches to pre-plan training program around events or competitions?
galina1969 [7]
Mentoring and encouraging
4 0
4 years ago
One of Sanjay's work responsibilities is to check inspection stations periodically to monitor the quality of the products throug
Nikitich [7]

Answer:

This is an example of quality control

Explanation:

A production process usually involves the action of a variety of things that all perform specific functions towards a common goal, usually the production of a finished good or service. This therefor means that a type of management is needed to ensure that all these aspects are handled in such away that the set organizational needs are met. This can be broadly defined as management control. Management control involves the control and operation aspects of a production process to ensure that the organizational goals are met.

One aspect of management control that is very important in the production environment is quality control. Quality control involves the inspection of the production process and the products to determine the quality. The quality of the process and the products is usually measured against set organizational and production standards. This therefor means that if the process or the production quality falls below the standard, then the quality of the product can be said to be low while if the quality meet or surpass the standards then the quality is high.

Quality control helps companies identify areas that need to be improved, thus raising overall product value.

3 0
3 years ago
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