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2 years ago

Question- outline and discuss the steps of the marketing management process that a marketing manager Is Responsible for

Business

1 answer:

lord [1]2 years ago

4 0

Answer: 1) Raising brand awareness 2) Supervise sales team 3) Carry out presentation

Explanation:

The marketing management has a lot to do to ensure a product is well sold in the market.

1) Raising brand awareness; the product management must come up with innovative wats of promoting brand awareness, either through social media or street marketing, these lies in their hands to do. They are to come up with marketing campaigns

2) Supervise team: the product management would work with a team of marketers and while doing so, would supervise each of them in monitoring how they are going about getting new clients and retaining old clients

3) Presentations; where the nee arises, the marketing management would go out for presentations to companies and group of organization to teach about her products. This can also be done by her team members but they are some occasion the management plays the role

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Gaw Company owns 15% of the common stock of Trace Corporation and used the fair-value method to account for this investment. Tra

Marizza181 [45]

Answer:

It is $9,000 (B)

Explanation:

Total paid dividends paid = $60,000

Return on Investment = $60,000 *15%

=$9,000.

Gaw Company investment in Trace Corporation will be treated as Investment Assets. In its book ,it can only recognize its share of dividend paid as return on investment.

Gaw Company cannot recognize its share of entire net income of Trace because it doesn't have controlling interest (i.e subsidiary) in the company neither does it have significant influence (i.e associate).

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3 years ago

Who would recall an unsafe toy that presents a choking hazard to young children?

lora16 [44]

The third option, Consumer Product Safety Commission is who would recall an unsafe toy that presents a choking hazard to young children.
CIA deals with other things. :) Food and drug administration has nothing to do with toys. Federal communications commission has to do with communication as the name itself says.

8 0

2 years ago

___________________ are enacted when discontented sellers, feeling that prices are too low, appeal to legislators to keep prices

Marianna [84]

The answer is PRICE FLOORS.

6 0

2 years ago

Blossom Furniture factors $710000 of receivables to Blue Spruce Factors, Inc. Blue Spruce Factors assesses a 2% service charge o

Wittaler [7]

Answer:

Debit : Accounts Receivables : $695,800

Debit : Service Charge Expense : $14,200

Credit : Sales : $710,000

Explanation:

Factoring is a process by which a business sells its accounts receivables to a third party (factor) at a particular discount or service charge. Factoring generally occurs when a business wants to meet it’s immediate cash requirements. The factoring company in this case, charges 2% service fee of $710,000 accounts receivables. In monetary terms this is : 710,000 x 2% = $14,200. This amount would be an expense incurred by the business. The double entry to record this transaction in the books of the business is as follows:

Debit : Accounts Receivables : $695,800

Debit : Service Charge Expense : $14,200

Credit : Sales : $710,000

4 0

2 years ago

On January 1, 2020, Swifty Corporation exchanged equipment for a $640000 zero-interest-bearing note due on January 1, 2023. The

kozerog [31]

Answer:

$61,071.36

Explanation:

According to the scenario, computation of the given data are as follows,

Value of note = $640,000

So, Carrying value of note on Jan 1, 2020 = $640,000 × 0.71

= $454,400

Prevailing interest rate = 12%

So, Interest for 2020 = $454,400 × 12% = $54,528

Now, Interest revenue for 2021 = ($454,400 + $54,528) × 12%

= $508,928 × 12%

= $61,071.36

Hence, the amount of interest revenue that should be included in Swifty's 2021 income statement is $61,071.36

8 0

2 years ago