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3 years ago

What are the marketing objectives when a product is at the introduction stage?

Business

2 answers:

Ludmilka [50]3 years ago

7 0

Answer:

C. to create awareness, organize customer trials, and develop a market for the product

Ede4ka [16]3 years ago

5 0

Answer:

C. to create awareness, organize customer trials, and develop a market for the product

Explanation:

The introduction stage is the first one in the product life cycle. At this stage, the product has just been launched in the market. The sales growth rate is low as customers are not aware of the commodity. The business incurs losses by having the product in the market.

The marketing goal at this stage is to create awareness about this product. The business makes efforts to create demand through promotions and awareness creation. The stage is associated with heavy advertisements as the business tries to popularize and establish a market share for the product.

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In early July, Damon Rutton purchased a $70 ticket to the December 15 game of the Sarasota Shippers. Parking for the game was ex

Bingel [31]

Answer:

Sunk cost will be = $70

Explanation:

Sunk Cost refers to the cost for which the amount has been already spent, and cannot be recovered. These are generally incurred and then not regarded for decision making as irrespective of decision being viable or not this cost cannot be avoided.

In the given instance, Damon Rutton Purchased the ticket of $70

This is the only cost which has already been incurred, else other costs of parking and food will only be incurred if he visits the game of Sarasota Shippers.

When he spend some time with his wife sunk cost will be = $70

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3 years ago

Krasco Inc.'s auditors prepared the following reconciliation between book and taxable income. The corporation has a 34% tax rate

AveGali [126]

Answer:

income tax expense 2,806,064.2 debit

deferred income tax (benefit) 38,216 debit

income tax payable 2,844,820.2 credit

Explanation:,

income before taxes 8,288,900

permanent difference (35,770)

accounting taxable income: 8,253,130

temporary difference 112,400

taxable income 8,365,530

income tax expense:

will be calculate considering the accounting income:

8,253,130 x 34% = 2,806,064.2

income tax payable:

will be calcualte considering the temporary difference:

8,365,530 x 34% = 2,844,820.2

the difference will be deferred income tax

2,844,820.2 - 2,806,064.2 = 38,216

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3 years ago

Suppose investment spending increases by $50 billion and as a result the equilibrium income increases by $200 billion. the value

iren [92.7K]

The marginal propensity to consume (MPC) is the the change in consumption divided by change in income. Where change in in consumption = $50B and change in income = $200B. So we have 50/200 =1/4 = 0.25. So the MPC is $250M

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3 years ago

Keeping a journal is not an effective way of keeping stress under control. please select the best answer from the choices provid

kozerog [31]

I believe the answer is false

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3 years ago

Read 2 more answers

g On January 1, a machine with a useful life of four years and a salvage value of $13000 was purchased for $77000. What is the d

Aleonysh [2.5K]

Answer:

Annual depreciation= $16,000

Explanation:

Giving the following information:

Purchase price= $77,000

Useful life= 4 years

Salvage value= $13,000

Under the straight-line method, the depreciation expense remains constant during the life of the asset.

To calculate the depreciation expense, we need to use the following formula:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (77,000 - 13,000) / 4

Annual depreciation= $16,000

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3 years ago