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Licemer1 [7]
3 years ago
13

As the Chief Marketing Office (CMO) for a $100 million product company you need to lead the development of marketing plan for th

e company for the upcoming fiscal year.
Required:
a. What are the key success factors for the marketing plan process for the company?
b. Briefly describe the key elements of a strategic marketing plan.
Business
1 answer:
sveta [45]3 years ago
8 0

Answer:

b

Explanation:

describe the elements of a strategic marketing plan

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​age, personality, buying​ style, and job position are​ __________ factors that can influence the business buying decision proce
Akimi4 [234]

The answer is "Individual".<span>

<span>Each of these mentioned factors with few variations will influence the business buying decision process. One or more changes in these might lead to a different result. These factors can also operate in different ways varying from person to another person.</span></span>

4 0
4 years ago
A firm has an opportunity to invest $95,000 today that will yield $109,250 in one year. If interest rates are 4%, what is the ne
Goryan [66]

Answer:

The net present value (NPV) of this investment is C) $10,048

Explanation:

Net present value (NPV) is the value of the future cash flows over the entire life of an investment discounted to the present.

The firm  invests $95,000 today that will yield $109,250 in one year. The interest rates of the investment are 4%. The net present value (NPV) of this investment:

NPV = $109,250/(1+4%) - $95,000 = $10,048

​

3 0
4 years ago
Suppose business decision makers become more optimistic about the future and, as a result, increase their investment spending by
Art [367]

Answer:

$80 million

Explanation:

We know that

Multiplier = (1) ÷ (1 - marginal propensity to consume)

                = (1) ÷ (1 - 0.75)

                = (1) ÷ (0.25)

                = 4

Now the GDP would increase by

= Increase in  Investment spending × multiplier effect

= $20 billion × 4

= $80 million increase

We simply multiplied the investment spending increase with the multiplier effect

4 0
3 years ago
jeremy has focused on developing his listening skills and using his​ firm's new intranet technology to better convey information
Anastaziya [24]

Jeremy has focused on developing his listening skills and using his​ firm's new intranet technology to better convey information. Jeremy is focusing on the employability skills of communication.

Communication is an essential employability trait in today’s fast-paced and interconnected world. It consists in the capacity to exchange information with other people through various mediums, ranging from direct conversations, to the written form, to even televised form such as the TV ads.

Open and genuine communication in the workplace is key to fostering a healthy work culture. It is a top trait of the team player. Managers need to be effective communicators to ensure employees are committed to the organization’s values and understand their specific responsibilities. Communication is essential to concluding beneficial partnerships and expanding one’s consumer bases.

To learn more about communication skills: brainly.com/question/28147993

#SPJ4

3 0
2 years ago
In an ideal situation, the waste of one firm becomes the resource of another, and such synergies can create eco-industrial parks
RideAnS [48]

The principle where one firm's waste becomes the resource used by another firm is known as biomimicry.

<h3>What is biomimicry?</h3>

Biomimicry is when the waste products of one firm becomes the resource that is used by another firm for production processes.

An example of biomimicry is when the scrap metals that is used to produce a machine is used by another firm to make a product.

To learn more about biomimicry, please check: brainly.com/question/15300161

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3 0
3 years ago
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