Answer:
When any company wants to sale their product without prior knowledge of the market then it's a disaster.
First thing Jack can do is "Test Marketing". If any company has no knowledge of market then fastest way to know your market is test marketing. Jack must put his sweaters in small quantity for sale at different locations. Test marketing needs to be done for whole week. Jack needs to collect the feedback from its customers too. Feedback is the way jack can know the market. Without knowing the market and customers, it's really hard to market or sale your product. Feedback from test marketing activity will actually give him market knowledge and customer's feedback.
Answer:
E) $609,000
Explanation:
amount received by Eagle Corp. = bond selling price + accrued interest
= (bond price x quantity of bonds x face value) + (interest x months x quantity of bonds x face value) =
= (0.99 x 600 bonds x $1,000 per bond) + (10% x 3/12 x 600 bonds x $1,000 per bond)
= $594,000 + $15,000 = $609,000
Answer:
Product development.
Explanation:
The product development stage is the initial part of a product life cycle. Market research is carried out at this stage to determine how well the product will sell in the market.
Product development stage involves the creation of a particular product from an idea and then introducing it into the market. Getting feedback about the product from test users is very important in this stage.
Answer:
budget surplus.
if government spending and taxes are equal, it is said to have a balanced budget.
