The five marketing strategies includes strategies on 5P's which includes Price, Product, Promotion, Place and People.
The retailers are basically people who sells goods in smaller quantity to the final consumer in the chain of distribution.
The five marketing strategies they spend half of their annual budget on includes on the following:
- Price: The retailers ensures that prices of their product are reduced below cost price to persuade consumers to buy from them.
- Product: The retailers need to ensure that varieties of product are available in the stores to satisfy the consumers need.
- Promotion: Various advertisement and others strategy to persuade consumers needs funds to make successful.
- Place: The store and outlet need to be where is more favorable and comes with high cost of expenses for the retailers.
- People; The consumers are given discounts and other incentives to persuade them to come and buy more goods from the retailers.
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Answer:
Option A is correct.
The required rate of return for the bond that PUMP managers are considering is <u>1.46%</u>
Explanation:
Required rate of return for the bond that PUMP managers are considering is 1.46%. Because, currently, the yield on a U.S. Treasury bond with about 10 years to maturity is 1.46%. same type of bond yielding is 1.46%.
Answer:
D. Reimbursement
Explanation:
A principal may be defined as a company's agent dealing with a contractor. The principal has the duty to reimburse an agent for the amount of money used up while carrying out his/her duty. Reimbursement may be from expenses like cost of travelling, cost of meals, cost of lodging and so on. In other words, if an agent makes authorized spending while doing a job for the principal, the principal has the duty to reimburse the agent for the money spent.
Answer:
32,500 units must be sold to realize an operating income of $250,000.
Explanation:
a) Calculations:
Using the break-even plus target profit analysis, we can calculate the target quantity of sales that will generate a target profit.
To break-even, the company needs to sell the following quantity,
Break-even point = fixed costs/contribution margin per unit = $400,000/$20 = 20,000 units.
To achieve a target profit, the company needs to sell the following quantity,
Break-even with target profit = (Fixed cost + target profit)/contribution margin per unit = ($400,000 + 250,000) / $20 = $650,000/$20 = 32,500 units.
b) Break-even analysis is a managerial accounting technique for determining the units should a company can sell or produce in order to even revenue and costs. From the analysis, a company can also determine the units to sell in order to realize a target profit. This helps a lot in decision making.
Answer:
A) Joint Venture
Explanation:
Based on the scenario being described within the question it can be said that in this context, Cream Bite Inc. is a Joint Venture. This is a business term that refers to an arrangement between two parties in which both combine their resources in order to meet an agreed upon goal in a more efficient manner and in a much smaller time-frame than if they were to do it separately.
