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daser333 [38]
2 years ago
10

How can creating a customer profile help entrepreneurs identify their target market

Business
1 answer:
Nimfa-mama [501]2 years ago
3 0

Creating a customer profile helps identify markets because the information on it is too persuade the buyer, customer or Purchaser. I'm in 6th grade don't judge x

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Answer:Data steward

Explanation:

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A firm that decides to emphasize those goods with the highest contribution margin per unit may have made an incorrect decision w
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Has capacity constraints in the form of limited resources

Explanation:

When the company has capacity constraints in the form of limited resources they should prioritize those goods with highest <em>contribution margin per unit of the limiting factor</em> instead of goods with the <em>highest contribution margin per unit</em>. This ensures that resources are distributed first to where they are more profitable.

Therefore, A firm that decides to emphasize those goods with the highest contribution margin per unit may have made an incorrect decision when the company has capacity constraints in the form of limited resources.

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What is gross profit? (Select the best answer.)
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The money left over the cost of making a product or providing a service
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Match each stage of the business life cycle to its corresponding description.
slega [8]

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<h3>Maturity</h3>

The business is separate from the owner with responsibilities delegated to staff. A business in this stage usually commands a considerable share of the market and may even be a household name.

<h3>Takeoff</h3>

Expansion strategies are implemented, and investment is balanced with potential.

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The business introduces itself to the market and attempts to catch the attention of potential customers.

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Company is stable and profitable.

<h3>Survival of the Fittest</h3>

Focus shifts to revenue, expenses, and growth. Cashflow is the major issue.

Therefore, the business life cycle will help management to manage its resources according to the business phase and make more effective decisions for competitiveness and organizational positioning.

The correct answer is:

C. Maturity

B. Takeoff

D. Existence

A. Success

E. Survival of the Fittest

Find out more information about  business life cycle here:

brainly.com/question/25754149

8 0
2 years ago
Question 2 Which of the following are wholesale and which are retail? (a)Large-scale deposits made by firms at negotiated rates
NNADVOKAT [17]

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Wholesale banking refers to banking services sold to large clients, such as other banks, other financial institutions, government agencies, large corporations, and real estate developers. It is the opposite of retail banking, which focuses on individual clients and small businesses. Wholesale banking services include currency conversion, working capital financing, large trade transactions, mergers and acquisitions, consultancy, and underwriting, among other services

7 0
2 years ago
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