1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Fantom [35]
2 years ago
6

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.

Hope it helps,

Please mark me as the brainliest

Thank you

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.

You might be interested in
Based on what you learned in The Power of the Informal Economy video, what is the informal economy and how many people in the wo
frosja888 [35]

Answer:

1.8 billion people are employed in System D.

Explanation:

System D is a large informal economy. It is an open economic arena where everything is available. Though it is very large, it doesn’t include two-thirds of the workers in the world. The people who are a part of System D are about 1.8 billion people in the world. The economy is worth $10 trillion per year.

In informal economy varied set of economic activities happen. The enterprises, jobs and workers are not regulated or protected by the state. It is basically mean self-employment in small enterprises.

Yes, United States has an informal economy. Government does not tax or monitor the black market and market of illegal drugs.

5 0
3 years ago
Use the following to prepare the cash budget. What is the ending cash balance? Beginning cash balance $3,000; Cash receipts $50,
aleksley [76]

Answer:

 Ending cash balance = $13,000

Explanation:

<em>A cash budget is statement that shows the estimated cash receipts and the estimated cash payments for a forth coming accounting period. In addition, it provides information about the expected cash balance for the period to which it relates.</em>

With help of a cash budget, a business can plan ahead for  the usage of its surplus funds and how to finance its deficit cash position

Ending cash balance = Beginning cash balance + cash receipts - cash payment

             = 3,000 + 50,000 - 40,000

 Ending cash balance = $13,000

7 0
3 years ago
After retiring from Jones Corp., a partnership founded by Megan Jones and other partners, Megan grew tired of staying at home an
lana [24]

Answer:

The Correct option is <u>"B"</u>

Explanation:

Any person who by arguments verbal or written or by behavior characterize himself, or wittingly documents himself to be drawn, to be a companion in a very secure, is responsible as a companion in this organization to any person who has on the religion of one such illustration specified credit to the organization, whether or not the individual signifying himself or drawn to be a companion will or doesn't understand that the illustration has extended the individual therefore providing credit.

8 0
3 years ago
Read 2 more answers
What is income elasticity onlyy
Lina20 [59]

Income elasticity of demand measures the receptiveness of the quantity demanded for a good or service to a change in income.

It's calculated as the ratio of the percentage change in quantity demanded to the percentage change in income.

Explanation:

Hope this helps!!

8 0
3 years ago
A firm organized on the basis of retail customers and wholesale customers utilizes the concept of departmentalization by
lilavasa [31]

Answer:

Customer

Explanation:

In customer departmentalization, departments are basically separated from each other based on the types or groups of customers that needs to be handled or dealt with. For instance, customers can be classified under types such as, bulk purchasing or wholesale customers, retail customers, etc.

To handle them in a better way each group of customers needs different tactics and strategies. Therefore, customer deparmentalization serves the purpose of the firm that is organized on the basis of retail customers and wholesame customers.

3 0
3 years ago
Other questions:
  • Parker Lane Cafe currently has $160,000 in cash, $380,000 in inventory, and $40,000 in accounts receivable. The company also has
    15·1 answer
  • Leslie, a first-grade teacher, recently received a pink slip notice informing her that she would be laid off next year. she has
    14·1 answer
  • On November 15, Paulson Painting received a $6,000 cash payment from Apex Inc. in exchange for painting services to be provided
    7·1 answer
  • The goal in networking with other business owners is to
    13·1 answer
  • Yellow Enterprises reported the following ($ in 000s) as of December 31, 2018. All accounts have normal balances. Deficit (debit
    15·1 answer
  • Wattan Company reports beginning inventory of 10 units at $60 each. Every week for four weeks it purchases an additional 10 unit
    13·1 answer
  • When a firm shifts from transactional selling to a value-added and relationship approach, a number of changes have to take place
    7·1 answer
  • You have just entered an MPP program and have decided to pay for your living expenses using a credit card that has no minimum mo
    13·1 answer
  • What are The two segments of the organization's environment
    13·1 answer
  • The use of sharp, temporary price cuts as a form of ________ would enable traditional US automakers to discourage new competitio
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!