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2 years ago

A product's target market is part of which of the 4 P's of marketing?

Business

1 answer:

Lostsunrise [7]2 years ago

4 0

Answer:

Place

Explanation:

The marketing mix is defined as a set of the marketing tools which the organizations use them to obtain their marketing objectives in their target markets.

In other words, it is the foundation model for the businesses. It defines the key management decisions that are needed to achieve success in the marketing world.

The four P's in marketing are :

price , product , place and promotion.

A product's target market is a part of 'place' of the 4 P's of the marketing strategy.

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When Stuart sold a computer network to a Fortune 500 company, he often called on the company's purchasing department to see if e

Semmy [17]

Answer: Relationship selling

Explanation:

Stuart in his sales transaction with Fortune 500 company, is carrying out relationship selling, where the seller tries to make sales by creating a friendly relationship with their buyers. Relationship selling helps the buyer to easily relate with the seller, thereby making sales very easy to transact.

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3 years ago

Which of the following is an advantage that shopping at a physical store has over shopping online?

krok68 [10]

Answer:

A. Personal help and interaction wider.

Explanation:

Due to the physical contact and getting to physically recognise each other, the familiarity increase the level of personal relationship.

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2 years ago

On January 1, 2014, Borstad Company purchased equipment for $1,180,000. It is depreciating the equipment over 25 years using the

bezimeni [28]

Answer:

Explanation:

a)Purchase cost - 1,180,000

Useful life - 25

Annual depreciation = 47,200

Timeline - Jan 1 , 2014 - 2019 = 6 years

Accumulated depreciation = 47200*6=283,200

Carrying value at 2019 = (1,180,000 - 283,200)= 896,800

B) Annual cash flow - 400,000

Annual cash outflow - (295,000)

Net cash inflow= 105,000

Net cash flow for 8 years = 105000*8 = 840000

Since the net cash inflow is less than the carrying value , there is an impairment.

PV value of the net cash inflow at 12% discount for 8 years = 521,602

Impairment loss = $375,198

At December 21.2019

2.) Debit impairment loss - $375,198

Credit equipment - $375,198

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2 years ago

Based on the principles of psychological pricing, which of the following price adjustment would likely have the greatest positiv

saul85 [17]

Answer:

D.) $50 to $49

Explanation:

a p e x

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3 years ago

A severe freeze has once again damaged the Florida orange crop. Explain the impact of the weather condition on the market for or

Elanso [62]

Answer:

Because the freeze has damaged the orange crop, the supply curve wil shift to the left, since suppliers now have less oranges available for sale.

This will cause the equilibrium quantity to fall, because there is less produce available, and the equilibrium price to rise, because all else being equal demand remains unaffected, and now, more consumers will scramble for a lesser amount of the good.

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3 years ago

A product's target market is part of which of the 4 P's of marketing?​

A product's target market is part of which of the 4 P's of marketing?