Answer:
1. Marketing strategies
2. Marketing Strategies
Explanation:
Marketing strategies are simply a set of procedures or actions a company and/or a seller intends to undertake to sell a product or service to the end user, with a view to earning a profit. Marketing strategies understand that there are many goods chasing fewer buyers. Hence, the competition is often stiff. In a bid to gain a competitive advantage and an edge, a good marketing strategies is very critical to a business concern.
There are basically 4 elements of marketing:
- Price
- Promotion
- Product, and
- Place
Price is simply the amount the end user intends to pay for a product. It is an acknowledged fact through the study of consumer behavior that consumer will buy more of a go when the price is low, compared to when high. This is bearing that they both have same quality content. Thus, pricing is a critical element of marketing as its proper application is incidental to a firm gaining its competitive advantage. Hence, a seller must have the propensity to change price often, rapidly and aggressively in response to competitors' price changes.
Additionally, Proper pricing should not be viewed in isolation. Other elements of marketing are also critical to understanding appropriate marketing strategies. Making products stand out through requisite promotion strategies - advertisements, publicity, fairs and all, make pricing more competitive.
Also, a product with good and high quality easily wins the heart of a consumer than otherwise. Thus, to be competitive, a seller must come up with a product of good quality and rating. And when a consumer sees that there's value for money, he's inclined to paying more.
Strategically placing your product where it'll easily contact the prospective buyer goes a long way in being competitive and taking the advantage of the pricing decision.
Answer:
mercantilism
Explanation:
It advocates trade policies that protect domestic industries.it helps to reduce trade deficit and create surplus.
Answer:
The answer is $259,116.04 million
Explanation:
The current total firm value of Allied Biscuit Co will be equal to the present value of future cash flow of the firm.
Present value of FCF1 = 8,140 million / 1.063 = $7,657.57 million;
Present value of FCF2 = (8,140 x 1.19) / 1.063^2 = $8,572.45 million;
Present value of FCF3 = (8,140 x 1.19^2) / 1.063^3 = $9,596.63 million.
Present value of the growing perpetuity at 2% of cash flow after year 3:
[ (8,140 x 1.19^2 x 1.021) / ( 6.3% - 2.1%) ] / 1.063^3 = $233,289.39 million.
So, the current total firm value:
7,657.57 + 8,572.45 + 9,596.63 + 233,289.39 = $259,116.04 million.
Answer: ABC costing systems have separate indirect cost allocation rates for each activity
Explanation: this costing method is based on the costs that each activity consume in a company. It can be used in either manufacturing or services company. The way of distribution the indirect costs is quite accurate.
Answer: 13.26%
Explanation:
Year 0 Investment = $385,000
Incremental Cash flow every year = Cashflow if owned - Cashflow if leased
= 164,000 - 133,000
= $31,500
Incremental cashflow in Year 10 = Incremental Cashflow + Cashflow from sale of property
= 31,500 + 750,000
= $781,500
Using Excel and the IRR function, the rate is = 13.26%
