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3 years ago

What is utility in business and marketing

Business

1 answer:

svp [43]3 years ago

3 0

Answer:

Utility marketing is the concept whereby a brand intersects the consumer at the moment of a non-commercial need, addresses their need, becomes a part of their life, and remains with them for when they're ultimately ready to make a purchase.

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Summit Software, Inc., recently celebrated its fifth year of business. Jim Mueller, the proprietor, started the software manufac

kirill115 [55]

Answer:Q1. Is Summit software is gazelle? Support your answer.

Ans. .Gazelle define as a gazelle company is a high-growth company that has been increasing its revenues by at least 20% annually for four years or more, starting from a revenue base of at least $1 million. Yes from this definition, we can say that this software is gazelle.

Q2.What problems may Jim face by owning such a fast-growing business?

Ans. Faces problems that the As the business grows rapidly, there would be more expectations from the customers. They would expect for change and more innovation in their products. Mr. JM has only three employees and they are burdened with heavy load of work.

The competition arises between firms. Some might be healthy and some might be unhealthy. Unhealthy competition may lead Mr. JM to go in a wrong path.

Q3. Are gazelle more important to the economy that traditional growth business?why or why not?

Ans. Gazelles are vital for the growth of the economy as the country is being benefitted by the profit received by gazelles. Gazelles grow rapidly and hence the economy of the country grows rapidly. Traditional growths in businesses are very slow but they also bring steady profit for the country at a lower and standard level.

Explanation:

7 0

3 years ago

During the current year, East Corporation had 4 million shares of common stock outstanding. 2,200, 4% convertible bonds, each wi

ASHA 777 [7]

Answer:

$1.64

Explanation:

Diluted earning per share is calculated by adjusting all the convertible share options or securities in the outstanding share.

According to given data

Net Income for the year = $6,600,000

Outstanding shares = 4,000,000 shares

Number of shares to be converted = 2,200 x 10 share = 22,000

Outstanding shares after adjusting options = 4,00,000 + 22,000 = 4,022,000 shares

Diluted EPS = Net Income / Outstanding share after adjustment

Diluted EPS = $6,600,000 / 4,022,000 = $1.64

Note

Options are inconsistent with data given.

8 0

3 years ago

Your company is considering expanding its retail outlet. Currently, inventory levels are $5,000. With the expansion, it is expec

natka813 [3]

Answer:

Change is net working capital is -$18,500(use of cash)

Explanation:

Due to the expansion inventory would increase by $4,500 ($9,500-$5,000)

Accounts receivable would also increase by $4,000 over its previous amount.

Accounts payable would reduce by $10,000 as compared to previous balance of accounts payable

The change in net working capital=$4,500+$4,000+$10,000=$18,500

This is a use of cash not a source of cash inflow

6 0

3 years ago

In all cases of identity theft, you should notify the

ludmilkaskok [199]

President of the United States

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3 years ago

The Lady Eagles won 70% of their 30 basketball games this season How many games did they win?

Nitella [24]

They won 21 out of their 30 basketball games.

5 0

3 years ago

Read 2 more answers