Innovators are a critical group of new product adopters because they:

if you followed the suggestions of robert m. mcmath, which of these provides the best advice for a marketer for colgate, when la

dimaraw [331]

Robert M. McMath, would be best for a marketer like Colgate to launch a new consumer product like toothpaste Study past toothpaste product failures and learn from them.

What is Product launching?
A product launch involves multiple teams, including sales teams, customer support teams, product teams, product marketing, event management, and even managers. Each team aligns and collaborates to maximize go-to-market potential, building anticipation, interest, brand awareness and momentum in the process. Some product launches are more memorable and successful than others. For example, when Apple releases a new iPhone, it circulates several press releases and articles before unveiling the new design at its annual conference. This creates so much excitement and hype that potential users line up at retail outlets overnight to get their hands on the device.

To learn more about Product launching
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5 0

1 year ago

Sharon works for a cereal manufacturing company. Her company recently built a manufacturing facility in Canada and agreed to tak

sergejj [24]

Answer:

d. buyback

Explanation:

The scenario that is being described is a form of countertrade known as buyback. There are two reasons why this usually happens. The first is that the manufacturing company has limited access to liquid funds in the country which they are currently located and the goods provide better value. The second circumstance would be that they believe that the product being produced will increase in value and their profits will increase by holding the product as opposed to liquid funds.

4 0

3 years ago

Using the following data, Garcon Company Pepper Company Beginning finished goods inventory $ 12,000 $ 16,450 Beginning work in p

aliina [53]

Answer:

Garcon company : cost of production $96,680 cost of good sold $91,030 Gross profit $104,000 Net profit $33,000

Pepper company : cost of production $139,860 cost of good sold $143,010 Gross profit $147,000 Net profit $58,000Explanation:

Garcon. Company

T Account Format

Manufacturing, Trading, Profit and Loss Account

Dr. Cr

$ $

Raw materials. Cost of production transferred

Beginning inventory 7,250. to trading account

Add: purchase 33,000. 96,680

----------

Total materials available 40,250

Less:Ending inventory 5,300

----------

Cost of raw materials consumed 34,950

Add: Direct Labour 19,000

-----------

Prime Cost. 53,950

Factory overhead

Rental cost 27,000

Factory utilities 9,000

Factory supplies used 8,200

Indirect labour 1,250

Repair of factory equipment 4,780

-----------

50,230

Add:Beginning WIP. 14,500

----------

64,730

Less: Ending WIP 22,000

---------

42,730

--------------- ------------------------

Cost of production. 96,680. 96,680

----------------- ---------------------------

Finished good

Beginning inventory 12,000. Sales 195,030

Add: Cost of production 96,680

----------

Goods available for sale 108,680

Less: ending finished good inventory 17,650

-----------

Cost of good sold. 91,030

Gross Profit c/d. 104,000

------------- -----------------

195,030. 195,030

------------------ ----------------------

Expenses

General & Administrative expenses 21,000. Gross Profit b/d 104,000

Selling expenses. 50,000

Net profit. 33,000

------------------ ----------------

104,000 104,000

------------------- -----------------

Pepper company

T Account Format

Manufacturing , Trading, Profit and Loss Account

Dr. Cr

$ $

Raw materials. Cost of production

Beginning inventory 9,000. Transferred to trading Account

Add: purchase. 52,000. 139,860

----------

Total materials available. 61,000

Less: Ending inventory. 7,200

-----------

Cost of raw materials consumed 53,800

Add: Direct Labour. 35,000

-----------

Prime Cost. 88,800

Factory overhead

Rental cost 22,750

Factory utilities 12,000

Factory supplied used 3,200

Indirect labour 7,660

Repair of Factory equipment 1,500

-----------

47,110

Add: Beginning WIP. 19,950

-----------

67,060

Less: Ending WIP. 16,000

-----------

51,060

------------- --------------

Cost of production. 139,860. 139,860

-------------- -----------------

Finished good

Beginninginventory 16,450. Sales 290,010

Add: Cost of production 139,860

--------------

Cost of good available for sale 156,310

Less:Ending inventory 13,300

-------------

Cost of good sold. 143,010

Gross Profit c /d. 147,000

------------ ----------------

290,010. 290,010

-------------- ------------------

Expenses

General &Administrative expenses 43,000. Gross Profit b /d 147,000

Add: Selling expenses. 46,000

----------------

89,000

Net profit 58,000

-------------- -----------------

147,000. 147,000

-------------- -------------------

7 0

4 years ago

72 points Everything is sales, whether we are convincing our parents to take us to a movie, asking a teacher for a second chance

tino4ka555 [31]

i chose honey over vinegar you’ll do better with honey than with vinegar -- but the honey must be genuine. Never underestimate the natural ability of other people to sense who you really are. Disingenuous, manipulative and secretive are feelings that simply cannot be hidden.

When negotiating, you too can sense if the other party's values are subpar or lack integrity altogether. No greater red flag exists in the entire arena of negotiation.

5 0

3 years ago

Tim mows neighborhood lawns for extra money. Suppose that he would be willing to mow one lawn for $14, a second lawn for $17

Crazy boy [7]

<span>14 + 17 + 24 = 55 24 + 24 + 24 = 72 Producer Surplus = $17 Tim makes $17 more than he is initially willing to charge, thus a surplus of 17. 33 + 26 + 24 = 83 24 + 24 + 24 = 72 Consumer Surplus = $11 The customers pay $11 less than they are initially willing to pay, thus a surplus of 11. Everybody wins, yay capitalism</span>

3 0

4 years ago