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2 years ago

Why target market trade is executed

Business

2 answers:

weeeeeb [17]2 years ago

7 0

Answer:

Target market is strategy in which a company offers its product in specific market only. This strategy enables the business to reach its customers through marketing efforts. The target market trade refers to trading in certain markets only to ensure the limited availability of products. The organization who want do not want to market its products through wholesalers or retailer choose such strategy.

Explanation:

The target marketing reduces the marketing cost to business as they only market their product in specified markets. They only target those customers who are genuinely willing to buy company's product. This strategy rewards its customers of buying a genuine product at a reasonable price as there will be no extra cost charged to them. The price charged to customers is the price set by the business itself for the product.

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skelet666 [1.2K]2 years ago

4 0

Answer:

The target marketing reduces the marketing cost to business as they only market their product in specified markets. They only target those customers who are genuinely willing to buy company's product. This strategy rewards its customers of buying the genuine product at a reasonable price as there will be no extra cost charged to them. The price charged to customers is the price set by the business itself for the product.

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An elderly father owns a classic car that was purchased many years ago for $7,500. The father dies and bequeaths the car to his

igor_vitrenko [27]

The available options are:

A. No capital gain or loss because the item sold was personal property

B. $2,500 long term capital gain

C. $12,500 long term capital gain

D. $22,500 long term capital gain

Answer:

$2,500 long term capital gain

Explanation:

Given that the classic car, that is an item under consideration is inherited, therefore, the cost basis to the recipient is the market value at the date of death.

Hence, the market value of the date of death is $20,000

The amount the classic car is sold is $22,500

To get the capital gain or loss, subtract the value at the date of death from the amount sold, which is $22,500 - $20,000 = $2,500

Hence, the correct answer is $2,500 long term capital gain

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2 years ago

Which of the following is NOT an employer responsibility stated in OSHA’s Bloodborne Pathogens Standard?

blondinia [14]

C. Take minimal precautions

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2 years ago

Recently, u. S. Dairies, struggling to increase milk sales, tried to change the way adults thought about milk. The dairies wante

Ronch [10]

In this particular scenario, the dairies are making an effort to change the way that adults perceive chocolate milk, and they want to reposition it in the minds of their customers.

The term "repositioning" refers to the process of moving a product's position in the mind of the client in relation to the benefits that the product provides. It is a very difficult and nuanced procedure due to the fact that the brand or product needs or requires changing the way in which the market views the product. Repositioning is the process of changing how a product or service is understood or perceived by a particular market. This can be done to attract new customers or retain existing ones.

The positioning of a product is determined by the customers' perceptions of the product's qualities and their judgments of the product in respect to competing products. Consequently, repositioning requires making significant adjustments to the way the target market perceives the product. Repositioning is not always easy, especially for companies that have established names and faces within their customer base.

To learn more about Repositioning, please see the following link: brainly.com/question/28940273

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11 months ago

Chris can be paid in one of two ways. plan a is a salary of $360 per month, plus a commission of 9% of sales. plan b is a sal

vfiekz [6]

The correct answer is any amount higher than $5,400.

First, you need to solve the break even point of sales when Chris will earn the exact same amount by plan a or plan b. The following equation will solve this problem, with x being the amount of sales.

$360 + .09x = $630 + .04x

First, subtract .04x from both sides:

$360 +.05x = $630

Next, subtract $360 from both sides:

.05x = $270

Finally, divide both sides by .05:

X = $5,400

At $5,400 Chris will earn the same about of pay, regardless of which plan they are on. Since the commission percentage is higher on plan a, Chris is better off having plan a when sales are higher than $5,400. At this point Chris is earning 9% commission, rather than 4% in plan b.

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3 years ago

T. L. Jones Trucking Services establishes a petty cash fund on April 3 for $500. By the end of April, the fund has a cash balanc

djyliett [7]

Answer:

The question is missing some figures which can be seen from the attached image.

Petty cash is a fund set aside in the office to pay minor day to day expenses incurred.Usually, an amount is made available at the beginning of period called float,from which expenses can be paid and the amount equal to spend is reimbursed at the end of the month.

In order, to make payment even more easier,some businesses take up credit cards from financial institutions,from which expenses can be paid on account.

The balance of $415 means in petty fund,implies that $85 spent needs to be replenished at month end and that the remaining expenses were paid with credit card.

Explanation:

Find in the attached spreadsheet the entries posted in respect of petty cash and credit card expenses in the month.

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3 years ago