Marketing intermediaries add value and create efficiencies by:
a. providing convenience.
c. reducing the number of exchanges between producers & buyers
d. performing necessary activities such as storage and transportation
<h3>What are
marketing intermediaries?</h3>
Marketing intermediaries can be defined as organizations that are saddled with the responsibility of transporting goods and services from producers (manufacturers) to businesses, and from businesses to consumers (B2C).
This ultimately implies that, marketing intermediaries are able to add value and create efficiencies by providing convenience and performing activities such as transportation and storage.
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Complete Question:
Marketing intermediaries add value and create efficiencies by:
a. providing convenience
b. eliminating activities such as transportation & storage
c. reducing the number of exchanges between producers & buyers
d. Performing necessary activities such as storage and transportation
A franchise is defined as:
an authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, e.g., providing a broadcasting service or acting as an agent for a company's products.
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Answer:
6.97%
Explanation:
In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below
Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)
12.8% = 3.6% + 1.32 × (Market rate of return - 3.6%)
12.8% - 3.6% = 1.32 × (
Market rate of return - 3.6%)
9.2% ÷ 1.32 = (
Market rate of return - 3.6%)
So, (
Market rate of return - 3.6%) would be 6.97%
The Market rate of return - Risk-free rate of return) is also known as the market risk premium and the same is applied.