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Mnenie [13.5K]
3 years ago
13

1 1.1 Briefly name and explain the aspects of the marking mix.​

Business
1 answer:
mafiozo [28]3 years ago
5 0

Answer: Marketing mix could described as methods taken by an organization to boast their brand or improve demand of product in the market.

Explanation:

Marketing mix could described as methods taken by an organization to boast their brand or improve demand of product in the market.

Aspects of marketing mix are Price, product, promotion and place.

Price; this refers to the value of a product. The organization in considering marketing mix would have to make her price affordable for the market in relation with the value of the product it's selling.

Product; this is the item being sold. The item must be valuable and worth the buy of the customers, this would improve consistent buying and referral by those who have already bought.

Promotion: this refers to actions taken to make known the product visibility in the market. This actions could be through branding, marketing with the aim of making the products demanded more than usual always.

Place: these is referred to as the target market. Every market is not a market, the place refers to those who are either already customers or would be customers. The organization must try to identify those who her products address and try selling to them.

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Answer:

Consider the following calculations

Explanation:

According to this general formula

f1,k = [(1+rk+1)k+1/((1+r1)]1/k -1

f1,1 = [(1+ 4.9%)1+1/((1+4.4%)]1/1 -1 = 5.40%

f1,2 =  [(1+ 5.6%)2+1/((1+4.4%)]1/2 -1 = 6.21%

f1,3 =  [(1+ 6.4%)3+1/((1+4.4%)]1/3 -1 =7.08%

4 0
3 years ago
Stanley-Morgan Industries adopted a defined benefit pension plan on April 12, 2021. The provisions of the plan were not made ret
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Answer:

1. Projected Benefit Obligation 2021 $260,000

Projected Benefit Obligation 2022 $623,000

2.Plan assets 2021 $270,000

Plan assets 2022 $577,000

3. Pension expense 2021 $260,000

Pension expense 2022 $336,000

4.Net pension asset 2021 $ 10,000

Net pension liability2022 $46,000

Explanation:

1. Computation for Projected benefit obligation

for 2021 and 2022

Projected Benefit Obligation 2021

($)

Balance, January 1, 2021 $0

Service cost $260,000

Interest cost (5% x $0) $0

Benefits paid ($0)

Balance, December 31, 2021 $260,000

Projected Benefit Obligation 2022

Balance, December 31, 2021 $260,000

Service cost $350,000

Interest cost $13,000

(5% x $260,000)

Benefits paid($0)

Balance, December 31, 2022 $623,000

2. Computation for 2021 and 2022 Plan assets

Plan assets 2021

Balance, January 1, 2021 $ 0

Actual return on plan assets (10% x $0) $0

Contributions, 2021 $$270,000

Benefits paid ($0)

Balance, December 31, 2021 $270,000

Plan assets 2022

Balance, December 31, 2021 $270,000

Actual return on plan assets $27,000

(10% x $270,000)

Contributions, 2022 $280,000

Benefits paid (0)

Balance, December 31, 2022 $577,000

3. Computation for Pension expense for 2021 and 2022

Pension expense – 2021

Service cost $260,000

Interest cost (5% x $0) $0

Expected return on the plan assets $0

(10% x $0)

Pension expense $260,000

Pension Expense – 2022

Service cost $350,000

Interest cost $13,000

(5% x $260,000)

Expected return on the plan assets($27,000)

(10% x $270,000)

Pension expense $336,000

4. Computation for Net pension asset/liability for 2021 and 2022

2021

PBO $260,000

Less Plan assets $270,000

Net pension asset, Dec. 31, 2021 $ 10,000

2022

PBO $623,000

Less Plan assets $577,000

Net pension liability, Dec. 31, 2022 $ 46,000

3 0
3 years ago
Merck & Co., Inc. is a global, research-driven pharmaceutical company that discovers, develops, manufactures, and markets a
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Find the given attachment

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3 years ago
An example of Web 2.0 is a high school student promoting his or her poetry on a blog.
puteri [66]
I believe the answer to this question is : False
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3 years ago
Read 2 more answers
Fern motors is offering a rebate on cars purchased this month. this activity involves the ____ ingredient of the marketing mix.
saveliy_v [14]

Answer:

Pricing

Explanation:

4 ingredients of marketing mix are Pricing, Product, Place and Promotion(the 4Ps).

Pricing-  is for determining the value that is put on a product including rebates. Deciding the correct intrinsic value of a product puts a lot of factors into consideration like the target market, the consumer willingness to pay, whether it is sufficient enough for the company to make a profit out of it.

Product - answers the <em>what</em>; the actually good or service being offered for sale.

Place- answers the <em>where; </em>the location of product so customers can buy it.

Promotion- any activities to inform the target market that the product exist, how to use it etc. this includes advertisement, word of mouth among others.

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3 years ago
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