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2 years ago

How does the targeting process in entrepreneurship differ from the targeting process in traditional marketing

1 answer:

4 0

Targeting process in entrepreneurship differ from traditional marketing because the entrepreneurs begin the process with the idea for a new product.

Targeting process refers to process of breaking-down a market into segments to facilitate concentration of marketing efforts on target segments.

An entrepreneur will first seek to come up with a product idea in the targeting process whereas the marketer will seek to identify the market segment to concentrate on.

In conclusion, the targeting process in entrepreneurship differ from traditional marketing because the entrepreneurs begin the process with the idea for a new product.

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What is the economic importance of the Great Smokey Mountains?

romanna [79]

It creates great local economic benefits through national park tourism - number of park visitors, money visitors spend in the park area (lodging, dining, etc.). Additionally, it may have impacts on creating more jobs, which help develop a comprehensive economic ecosystem. See attached. The Great Smoky Mountains!

3 0

3 years ago

allowance,a paycheck,gifts and gains from an investment are examples of a.icome b.expences c.wealth d.philanthropy

Maksim231197 [3]

I think its D). Philanthropy means the love of mankind. In this case an allowance means you generously giving money to your child because you care about them and their happiness. a paycheck means you care for your employees, and gifts come from the heart.

4 0

4 years ago

Read 2 more answers

Care facilities are expensive. Your mother wants a single room with her own bath-room. The annual estimated cost is $100,000, bu

Shtirlitz [24]

Answer:

$3,384.31

Explanation:

first of all we must determine how much money do you need to pay for 3 years of the facility:

PV = $100,000 x 2.6730 (PV annuity factor, 6%, 3 periods) = $267,300

if your mother does not invest more money, she will have $200,000 x (1 + 6%)⁴ = $252,495

this means that your mother will be $267,300 - $252,495 = $14,805 short

her annual contribution = $14,805 / 4.3746 (FV annuity factor, 6%, 4 periods) = $3,384.31

8 0

4 years ago

The Day Company and the Knight Company are identical in every respect except that Day is not levered. Financial information for

Alex

Answer:

a) $67,250

b) $68,500

c) Investment in Day Company results in a higher return, so I guess investors would probably go for it.

Explanation:

Knight Company's net income = $750,000 - $77,500 = $672,500

total investment in Knight Company = $2,300,000 / 10% = $230,000

earnings per 1$ invested = $672,500 / $2,300,000 = $0.292391

total cash flow = $230,000 x $0.292391304 = $67,250

Day Company's net income = $750,000

earnings per 1$ invested = $750,000 / $3,600,000 = $0.208333333

total investment in Day Company = $360,000, but I borrowed $130,000 to make this investment. The $130,000 will result in $6,500 annual interest payments

total cash flow = ($360,000 x $0.208333333) - $6,500 = $75,000 - $6,500 = $68,500

7 0

3 years ago

Sahia company bought a building for 90,000 cash and the land on which it was located for 1,10,000 cash. The company paid a trans

Alexxandr [17]

Answer:

Sahia Company

1. Net book value of the property at the end of year 2 = $217,800.

2. Journal entry to record the purchase:

Debit Property (land and building) $241,000

Credit Cash Account $241,000

To record the acquisition of the property.

3. Straight-line depreciation (on building only) = $11,600.

Explanation:

a) Data and Calculations:

Bought building for cash = $90,000

Bought land for cash = 110,000

Transfer cost = 10,000

Renovation on building = 31,000

Book value of property = $241,000

Depreciation:

Building cost = $90,000

Transfer cost 4,500 ($10,000*90,000/200,000)

Renovation 31,000

Total cost = $125,500

Residual value 9,000

Depreciable value = $116,000

Depreciation per annum = $11,600 ($116,000/10)

a) Land is not subject to depreciation and its value is $115,500 or $110,000 + 5,500 ($10,000*110,000/200,000).

b) The net book value of the property at the end of year 2 is

Building $125,500 - 23,200 = $102,300

Land = 115,500

Net book value of property = $217,800

6 0

3 years ago