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enot [183]
3 years ago
7

global market distribution system and because the Breathe Right strips complemented the 3M first-aid product line.Refer to Breat

he Right. To market the nasal strips in countries outside the United States, CNS and 3M provided the strips to the national sports teams. For example, sales in South Africa took off when the entire South African rugby team wore the strips when they won the World Cup of rugby. This example primarily illustrates the use of which element of the global marketing mix
Business
1 answer:
ELEN [110]3 years ago
4 0

Answer:

Promotion

Explanation:

Marketing mix is a combination of factors which are controlled by the organization for influencing customers. There are 4Ps in the marketing mix, people, process, promotion, product. In the given scenario emphasis is laid on the promotion.

You might be interested in
Which of the following is a source of market power for a monopolist? a. a firm may have a patent or copyright b. a firm may cont
Tpy6a [65]

Answer:

The correct option is D

Explanation:

Monopolist is a company, individual or a group which controls or regulates all the market for a specific good or service. They have little scope to improve their product as customers will have no alternatives available.

Source of market power they have a copyright or patent, control critical resources, enjoy economies of scale and have the government authorized franchise.

6 0
3 years ago
falsely claiming that a competitor's product is defective or harmful might constitute defamation or product disparagement. true
jonny [76]

Falsely claiming that a competitor's product is defective or harmful might constitute defamation or product disparagement. This statement is true.

<h3>What is the definition of competition?</h3>

In business, competition is always a factor. Whether it is two companies vying for the same customer base, or two employees vying for the same promotion, competition is a natural part of the business world. However, there is a line that should not be crossed when it comes to competition. Falsely claiming that a competitor's product is defective or harmful might constitute defamation or product disparagement.

Defamation is defined as a false and unprivileged publication by writing, printing, picture, effigy, or other fixed representation to the eye, which exposes any person to hatred, contempt, ridicule, or obloquy, or which causes him to be shunned or avoided, or which has a tendency to injure him in his occupation. Product disparagement is similar, in that it is a false and injurious statement made about a competitor's product.

Learn more about the defamation:

brainly.com/question/14634806

#SPJ4

3 0
1 year ago
A. Finance, or financial management, requires the knowledge and precise use of the language of the field.
Sergio [31]

Answer:

1. Amortization Schedule.

2. Amortized loan.

3. Annual Percentage rate.

4. Discounting.

5. Future Value.

6. Opportunity cost of funds.

7. Time value of money.

8. Annuity due.

9. Perpetuity.

10. Ordinary annuity.

11. PMT/r.

Explanation:

Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP).

Some of the financial terminologies used in financial accounting are;

1. <u>Amortization Schedule</u>: A schedule or table that reports the amount of principal and the amount of interest that make up each payment made to repay a loan by the end of its regular term.

2. <u>Amortized loan</u>: A loan in which the payments include interest as well as loan principal.

3. <u>Annual Percentage rate</u>: A value that represents the interest paid by borrowers or earned by lenders, expressed as a percentage of the amount borrowed or invested over a 12-month period.

4. <u>Discounting</u>: A process that involves calculating the current value of a future cash flow or series of cash flows based on a certain interest rate.

5. <u>Future Value</u>: The name given to the amount to which a cash flow, or a series of cash flows, will grow over a given period of time when compounded at a given rate of interest.

6. <u>Opportunity cost of funds</u>: A 6% return that you could have earned if you had made a particular investment.

7. <u>Time value of money</u>: A concept that maintains that the owner of a cash flow will value it differently, depending on when it occurs.

8. <u>Annuity due</u>: A series of equal cash flows that occur at the beginning of each of the equally spaced intervals (such as daily, monthly, quarterly, and so on).

9. <u>Perpetuity</u>: A cash flow stream that is generated by a share of preferred stock that is expected to pay dividends every quarter indefinitely.

10. <u>Ordinary annuity</u>: A series of equal cash flows that occur at the end of each of the equally spaced intervals (such as daily, monthly, quarterly, and so on).

11. Time value of money calculations can be solved using a mathematical equation, a financial calculator, or a spreadsheet. The equation which can be used to solve for the present value of a perpetuity is given below;

Present value of a perpetuity (PV) = PMT/r

Where;

  • PMT represents the payment amount.
  • r represents the annual interest rate.
3 0
3 years ago
Which one of the following is a working capital management decision? Select one: a. What type(s) of equipment is (are) needed to
photoshop1234 [79]

Answer:

b. Should the firm pay cash for a purchase or use the credit offered by the supplier?

Explanation:

Working capital decision is the decision which includes the cash, Account receivable, Account payable, the portion of debt payable within one year. Decision related to supplier is actually related to account payable. so this is the working capital decision. Other decision involves fixed assets, long term debt, investments and projects under consideration.

5 0
3 years ago
Semiautomatic process has a fixed cost of $40,000 per year and variable cost of $30 per unit. An automatic process has fixed cos
GuDViN [60]

Answer:

Total cost= 40,000 + 30X

Explanation:

Giving the following information:

The semiautomatic process has a fixed cost of $40,000 per year and a variable cost of $30 per unit.

We need to use the following formula:

Total cost= fixed costs + unitary variable cost*X

Total cost= 40,000 + 30X

3 0
3 years ago
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