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Juliette [100K]
2 years ago
12

Sarah’s marketing team was beginning the process of developing a new product to expand their current product line and/or mix. At

her very first meeting, she had the team write on the board their objectives within the marketing department, the business unit, and corporation, the characteristics they’d like their new product to have its role within the current marketing offerings, and the target market they would be targeting. This indicates that Sarah and her team were at the ___________ stage of the new product development process.
Business
1 answer:
vlada-n [284]2 years ago
5 0

Answer: New-product strategy

Explanation:

Based on the information given in the question, Sarah and her team were at the new product strategy stage of the new product development process.

This is a strategy that is used to develop a new product. The strategy helps to answer questions such as who will benefit from the products, the goals of the company and other necessary details.

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kicyunya [14]

Answer: $750,000

Explanation:

Based on the information given, in last year's income statement segmented by division, SegR-1882's total common fixed expenses will be calculated thus:

Note that Net operating income = Total segment margin - Common fxed expenses

Therefore, Common fixed expense = Net operating income - Total segment margin

Common fixed expenses:

= $1,300,000 - $550,000

= $750,000

Therefore, common fixed expenses is $750,000

Note that total segment margin = $1,000,000 + $300,000 = $1,300,000

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