Answer:
Place
Explanation:
Marketing mix is the understanding of 4 important and controllable elements of marketing plan. Usually, these elements are considered as 4P which are Product, Place, Price and Promotion.
Place: To enter more effectively or in general to be successful in the market, as a supplier you should choose your segment or where to reach to your potential customers carefully and certainly. That’s why the place which is selected must be considered where the target market is.
Product: It is very important to develop your product to make the customers to have “willingness to pay”. So it has to have unique or good design, standards, quality and other important attributes. You should seek to sell the products which have big demand.
Price: There should be the reasonable price to the customers who will be able to buy your products. Sure, the price is established after the analysis of your costs (fix, variable and etc.). However, you should be careful about your rivals in the price policy. The buyers will have always power on you in this case so they can substitute your product to others.
Promotion: This element is about the process of explanation how your product will create the value on the customers. It is very necessary point on the value chain activities. If you have a better promotion than others your products will be demanded more or permanently.
Answer:
the present value of the annuity = $4,523,638
Explanation:
this is an ordinary annuity:
annual payment = $9,420,713 / 20 = $471,035.65
number of periods = 19 periods
interest rate = 8%
therefore, the present value annuity factor = 9.6036
the present value of the annuity = $471,035.65 x 9.6036 = $4,523,637.97 ≈ $4,523,638
Answer:
B. Creating value for customers.
Explanation:
Marketing is all about building values for customers. Its about creating customer relationships which are profit generating. Any company or brand has a value proposition. It is the set of benefits the company promises to deliver to the consumer to satisfy his/her needs. Thus marketing is the bridge which connects the brand with the customers perceived value of the brand. It makes sure the customer pledges loyalty to the brand, by delivering on its promises on the value proposition. Thus, the most important role that marketing plays in the economy is Creating Value for Customers.
Answer:
lower
Explanation:
As people would make a smaller profit but more if it accumulating it to get bigger than expensive with less sales.
Answer:
(a) 208.33 J/s
(b) 141.12 s
Explanation:
(a) Energy is the rate of doing work.
Work is the product of power and time
Work = Power × Time
Power = Work/time
where work is in joule and time is in seconds
Given that work = 6 × 
Time = 8 h = 8 × 60 × 60
= 28800 seconds
Average useful power = 
= 208.33 J/s
(b) Given
mass = 2000kg , using g = 9.8 m/s2
Force = 2000 × 9.8
= 19600N
Work = Force × Distance ( considering that Work done to lift his body can be omitted because it is not considered useful output here)
Work = 19600 × 1.5
= 29,400J
Time taken = Work/Power
= 
= 141.12s
≈ 2 Minutes 21 Seconds
At the rate of 208.33J/s, it will take the person 141.12 seconds to lift 2000 kg of bricks 1.50 m to a platform.
