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2 years ago

What are five marketing strategies that retailers spend half of their annual budget on?

1 answer:

4 0

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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$16,281$⁢16,281 is invested, part at 15%15% and the rest at 13%13%. If the interest earned from the amount invested at 15%15% ex

aleksandr82 [10.1K]

Answer:

Ans. The amount invested at 13% was $1,595.97 and $14,685.03 were invested at 15%

Explanation:

Hi, you can solve this by using 2 equations, so let X be the portion of the money invested at 15% and Y be the amount invested at 13%. So the equation for the whole amount is:

$X+Y=16,281$

Now, the problem says that the money that you earn by investing at 15% exceeds the money received as interest in your investment of 13% by $1,995.27, this leads us to the second equation.

$0.15X=0.13Y+1995.27$

Now, to make it a little more friendly, we just have to go ahead and divide everything by 0.15, so we get.

$X=0.8667Y+13,301.8$

Now, in our first equation, we substitute X fo 0.8867(Y)+13,301.8 and we will see this.

$0.8667Y+13,301.8+Y=16,281$

Now, we solve for Y

$1.8667Y=16,281-13,301.8$

$Y=\frac{2,979.2}{1.8667} =1,595.97$

So the money invested at 13% was $1,595.97 therefore, the money invested at 15% was $16,281 - $1,595.97 = $14,685.03

And we can check this results like this. The money invested at 15% will return an amount of:

$14,685.03*0.15=2,202.75$

And the money invested at 13% will return

$1,595.97*0.13=207.48$

Substracting, we would found that the difference is:

$2,202.75-207.48=1,995.27$

Best of luck.

5 0

3 years ago

Starting an investment portfolio at a young age means:

Zinaida [17]

Answer:

c. There is greater potential for high yield over a longer period

Explanation:

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3 years ago

True or false the texas legislature is classified as highly professional, the highest level of institutionalization.

Phantasy [73]

Your question lacks some context. So, I am going to assume that you are talking about relates to America as a whole. If my assumption is right, I'd have to say that the answer is false because they are at the state level and the federal level outranks it. For instance, if Texas passes a law abolishing a minimum wage, the law on federal minimum wage still must be followed.

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3 years ago

Which of the following is true? A. Both microeconomics and macroeconomics deal with same economic issues of inflation, unemplo

Sergio039 [100]

Answer:

the correct answer is D. Macroeconomics is the study of the economy as a whole, while microeconomics deals with the individual decision-making units.

Explanation:

Macro economics emerged as a seperate disclipline in the late 1930's witht eh influence of the prominent british economist John Meynard Keynes. it looks at the economy as a whole and tries to solve major economic issues affecting the national economy such as the unemployment, inflation, GDP and current rate changes.

Micro economics on the contrary, looks at how the individuals and firms behave in an economy and tries to explain their decisions and how they react.

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3 years ago

Infinity Clock Company prepared the following static budget for the year: Static Budget Units/Volume 5 comma 000 Per Unit Sale

aalyn [17]

Answer:

a) Operating income - $33,800

Explanation:

The flexible budget would be prepared for a different activity level of 6,300 production units but using the assumptions of the fixed budget

Sales revenue - ($7× 6,300 units ) : 44,100.00

Less Variable cost - ($1 × 6,300 units ) : ( 6,300)

Contribution 37,800

Less Fixed costs (4,000)

33,800

Note that the fixed costs of $4000 remains the same for both the static and flexible budgets. This is because the activity level of 6,300 units of the flexible budget remains within relevant range. So the fixed cost would not change.

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3 years ago