Answer:
exclusive
Explanation:
Marketing mix can be defined as the choices about product attributes, pricing, distribution, and communication strategy that a company blends and offer its targeted markets (customers) so as to build and maintain a desired response.
Generally, a marketing mix is made up of the four (4) Ps;
1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.
2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.
3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.
4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.
In this scenario, The Hopper Leg Winery from California's Sonoma Valley is trying to enter the wine market in France. To the company's surprise, it found that the France wine distribution channel was difficult to access as an outsider. Based on this, the market must have an exclusive distribution channel i.e the exclusive or unique rights to be a retailer for the supplier or manufacturer of the wine products.
Answer:
Total FV= $1,220,441.33
Explanation:
<u>First, we need to calculate the value of the $200 for 20 years. To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
A= 200
n= 20*12= 240
Intertest rate= 0.07/12= 0.005833
FV= {200*[(1.005833^240) - 1]} / 0.005833
FV= $104,180.27
<u>Now, the value of the $300 for 30 years. At the same time, the future amount of the first investment. Each one with its separate formula. </u>
$300 monthly investment:
n= 300*12= 360
FV= {300*[(1.005833^360) - 1]} / 0.005833
FV= $365,962.41
$104,180.27 investment:
FV= PV*(1+i)^n
FV= 104,180.27*(1.005833^360)
FV= $854,478,92
<u>Finally, the total FV:</u>
Total FV= 854,478.92 + 365,962.41
Total FV= $1,220,441.33
Symptoms of poor time management.
1. Poor punctuality.
You are regularly late for your appointments or completing your tasks. This may be due to you accepting too many tasks or your inability to assign the correct amount of time to your activities. Poor punctuality almost always impacts others and, as a result, usually has a negative impact on the quality of your relationships.
2. Rushing.
There will be times when everybody has to rush a little; however, if you find yourself constantly rushing from one appointment to another then your time management is poor. A skilled time manager allows sufficient time between appointments to cope with unforeseen events e.g. a previous meeting overrunning.
3. Impatience.
Impatience is usually a sign of poor time management. Having failed to allow sufficient time for a task or, having procrastinated excessively, you find yourself under extreme pressure to make a deadline. You may accuse other people, or technology, of delaying you but the truth is that you have failed yourself by failing to manage your time properly.
4. Poorly defined goals.
Your goals help you to identify your priorities. They outline what you want to achieve, when you want to achieve it by and the importance of the task. If you do not have clearly defined goals, how are you supposed to know which tasks need to be prioritised? A skilled time manager knows to take time to set clearly defined goals, around which their activities can be scheduled.
5. Procrastination.
Sometimes, you know what needs to be done but you keep putting it off. Eventually, when you decide to complete the task, the deadline is usually looming large and you are under pressure to complete the task in time. Repeated procrastination can result in stress and poor performance.
6. Poor performance.
You can get away with poor time management for a while but eventually it catches up on you. You begin to miss deadlines; you are constantly late for appointments and your impact on other people becomes too much for them to cope with. Your productivity levels decline and your backlog increases.
7. Lack of energy.
When you have poor time management skills, you are constantly chasing your tail. You constantly fall behind in tasks and you have to work extra hard to catch up. Eventually, your energy levels begin to drop and you lose motivation. It becomes harder to catch up and so you fall further behind which drains you of even more energy.
8. Perfectionism.
This is one of the symptoms which I have suffered from myself. You spend so much time trying to prepare and make sure that you perform the task perfectly that you either fail to start or go incredibly slowly. In reality, very few tasks are ever performed perfectly but when you are overcome by a need for perfection, it can be hard to see that.
9. Indecisiveness.
When you are faced with more than one option, you are unable to choose an option and run with it. You spend excessive time going over the options without coming to a conclusion.
10. Saying ‘Yes’ to everything.
It is great to be able to help others but if you are always helping others, you are rarely working on the tasks which are important to you. Constantly saying ‘Yes’ will leave you with an excessive workload. One of the quickest ways to improve your time management is to be assertive and learn to say ‘No’.
Answer:
Estimated Payable Days = 39
Explanation:
Given:
Annual account Payable = 4,800
Annual revenue = 75,000
Gross profit margin = 40%
Find:
Payable days
Computation:
Annual expense = Annual revenue(1-Gross profit margin)
Annual expense = 75,000(1-0.4)
Annual expense = 45,000
Estimated Payable Days = [4,800 × 365] / 45,000
Estimated Payable Days = 39
