To create and capture customer value, companies must engage the first step of the marketing process, which is Research Your Ideal Customer/Audience.
<h3>Why is the
first step of the marketing process important ?</h3>
The first step of the marketing process important because it help to identify the potential; buyers as well as to know the kind of the market that is needed to be focus on so as to be able to ,maker sales.
In this case, it should be noted that create and capture customer value, companies must engage the first step of the marketing process, which is Research Your Ideal Customer/Audience.
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Answer:
C. 3/12, n/45
Explanation:
These payment terms would be expressed as : 3/12, n/45.
This is because :
- 3/12 means 3 % discount is granted if payment is made within 12 days.
- n/45 means supplier allows customer to pay within 45 days in total.
Answer:
The bond will sell at $4831.43
Explanation:
Given C = 0, FV = $1000, YTM= 5.31%, n =30 years
BV= ?
BV for a zero coupon bond is = F / (1+r)^-n*t
So we are told there is semi annual compounding
have to calculate
n = 30*2 = 60 periods
r = 5.31/2 = 2.66%
BV = 1000/(1+0.0266)^-60
=$4831.43
Answer:
The effect on net operating income would be an increase of $137,900
Explanation:
Giving the following information:
Selling price $85
Variable expenses per unit $ 35
If Price Paper spends an additional $12,100 on advertising, sales volume should increase by 3,000 units.
To calculate the effect on income, we need to determine the incremental total contribution, and deduct the incremental fixed costs:
Effect on income= 3,000*(85 - 35) - 12,100= $137,900
Answer:
<u>Scholarship Amount would be $45.68</u>
Explanation:
Deposits into an endowment account that pays 12% per year
Year 0 Deposit $100
Year 1 Deposit $90
Year 2 Deposit $80
Year 3 Deposit $70
Year 4 Deposit $60
Year 5 Deposit $50
Year 6 Deposit $40
First find the present worth of the gradient deposits.
P = 100 + 90(P/A, 12%, 6) - 10(P/G, 12%, 6) = $380.69
A = 380.69 (0.12)
A= $45.68