1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tanya [424]
3 years ago
7

Is marketing information as important to small firms as it is to larger firms? Explain.

Business
1 answer:
mamaluj [8]3 years ago
3 0

Answer:

Yes, it is. --- in my opinion.

Explanation:

There are no right or wrong answers in questions like this, because the question seeks opinions. So, my solution will be based on my opinions.

Marketing information is important to all firms, irrespective of whether the firm operates on a large scale or a small scale.

This is so because one of the means through which firms compete amongst themselves is through the way they market their products and/or services. The way a firm markets their products and/or services may make or mar their presence in the industry. This is not peculiar to large firms alone. In fact, small firms need to put in extra efforts because they are just growing up, and they still have a lot of space to cover in the industry.

Also, when a firm gives high priority to marketing information, such firm is expected to have huge turnouts of sales. The higher the sales a firm makes, the increase the growth of such firm.

<em>Hence, marketing information is important to all firms, irrespective of their size.</em>

You might be interested in
On January 1, 2020, Pharoah Corporation redeemed $640,000 of bonds at 99. At the time of redemption, the unamortized premium was
marusya05 [52]

Answer:

The Journal entry is as follows:

Bonds Payable A/c Dr. $640,000

Premium on Bonds Payable A/c Dr. $19,200

               To Gain on Redemption of Bonds            $25,600

               To Cash                                                       $633,600

(To record the re-acquisition of the bonds)

Working notes:

Cash = $640,000 × 0.99

         = $633,600

7 0
3 years ago
Burton Pharmaceuticals is a fast-growing drug company based in Dallas. Top executives at Burton realize that human capital plays
Jobisdone [24]

Answer:

C) HR representatives attend merger and acquisition discussions.

Explanation:

Decisions about mergers and acquisitions are very complex and include all the aspects of both companies involved (e.g. finance, production, HR, etc.). M&A are part of Burton's strategic planning since they involve the future of both companies.

If HR managers or representatives already attend and participate in M&A discussions, that means that they are already actively participating in Burton's strategic planning.  

8 0
3 years ago
You have a 12 piece cake, you divide for Vanessa because she says the ran out of lemon loaf at starbucks. Ella gives you 5 piece
Rudik [331]

Answer:

The answer is B.

Explanation:HAve a greAT day

3 0
3 years ago
Read 2 more answers
Ben and chris combined their love of hockey with a business venture. they purchased a small portable cart and began selling hock
dybincka [34]

I believe the answer is: environmental circumstances are dynamic and tough to control

Because of this , the best thing that Ben and Chris could do under the situation is adjust their marketing strategy to cater to the unique situation at hand. For example, Ben and chris could reduce the overall price of the product by using cheaper material to attract most consumers.

4 0
3 years ago
Im asian lololololololol
qaws [65]

Answer:

nice nice nice, nice pfp lol-

8 0
3 years ago
Read 2 more answers
Other questions:
  • Lee johnson sold golf shoes for $89.99 a pair. the shoes cost the store $26.28 a pair. what was the markup rate based on cost to
    12·1 answer
  • PoolPak produces climate-control systems for large swimming pools. The company's customers are more concerned about service supp
    7·1 answer
  • John would like to move from the suburbs into the city, but the rent in the city is very high. John has found an apartment he re
    12·1 answer
  • An economics system in which consumers vote with their dollars to answer what is produced and how it is produced is known as ___
    13·2 answers
  • Cite 3 reasons for and 3 reasons against rebuilding Greensburg as a “green town
    7·1 answer
  • Many companies recognize three major categories of costs of manufacturing a product. These are direct materials, direct labor, a
    15·1 answer
  • When you buy a _ you are loaning money to an organization
    10·1 answer
  • Budgeted sales commissions would appear on the: A. sales budget and pro forma balance sheet. B. sales budget and pro forma incom
    13·1 answer
  • One of the most important applications of ratio analysis is to compare a company's performance with that of other players in the
    12·1 answer
  • a fully disclosed broker-dealer a) is also known as a full-service clearing agent able to process and clear transactions. b) cle
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!