1) The variable cost per unit = $60,450 divided by 1,500 is $40.30 for the past nine months of providing this service.
$195,510 in total fixed costs less ($40.30 multiplied by 4,100) equals $30,280.
2) The anticipated cost of maintenance for October is $171,330
1) Quantity of tests
total price
High: 4,100 in August
$195,510
Low - 2,600 in February
$135,060
Difference 1,500
$60,450
The variable cost per unit is $40.30 ($60,450 divided by 1,500).
C(x)= FC + V is the cost function (x)
Total cost for x tests = $30,280 plus $40.30 times 2) The anticipated maintenance cost is:
Amount fixed $30,280
Cost variable: 3,500 times $40.30 = 141,050
October's anticipated maintenance costs are $171,330.
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5. thad morgan, a motorcycle enthusiast, has been exploring the possibility of relaunching the western hombre brand of cycle that was popular in the 1930s. the retro-look cycle would be sold for $14,000 and at that price, thad estimates 300 units would be sold each year. the variable cost to produce and sell the cycles would be $10,500 per unit. the annual fixed cost would be $997,500.
The break-even in unit sales is 450 units and the margin of safety in dollars is $2,100,000 and the degree of operating leverage is 4 and the net operating income be in this situation is $736,000.
Here is the Full question
a. Break even in unit sales = (Fixed expenses) + (Contribution margin per unit)
= $1,890,000+ ($14,000 - $9,800)
= 450 units
b. Margin of safety = Expected sales - break even sales
= ($14,000 x 600) - ($14,000 × 450)
= $2,100,000
Contribution margin = Sales - Variable cost
= ($14,000 x 600) - ($9,800 x 600)
= $2,520,000
Profit before earning and tax = Contribution margin - Annual fixed cost
= $2,520,000 - $1,890,000
= $630,000
c. Degree of operating leverage
Contribution + Profit before earning and tax
= $2,520,000 - $630,000
= 4
d. Loss on Net operating income = (Sales) - (Variable cost) - Fixed expenses
=($11,000 x 600) - ($9,800 x 600) - $1,456,000 =-$736,000
Complete question: Thad Morgan, a motorcycle enthusiast, has been exploring the possibility of relaunching the Western Hombre brand of cycle that was popular in the 1930s. The retro-look cycle would be sold for $14,000 and at that price, Thad estimates 600 units would be sold each year. The variable cost to produce and sell the cycles would be $9,800 per unit. The annual fixed cost would be $1,890,000.
a. What is the break-even in unit sales?
b. What is the margin of safety in dollars
C. What is the degree of operating leverage?
Thad is worried about the selling price. Rumors are circulating that other retro brands of cycles may be revived. If so, the selling price for the Western Hombre would have to be reduced to $11,000 to compete effectively. In that event, Thad would also reduce fixed expenses to $1,456,000 by reducing advertising expenses, but he still hopes to sell 600 units per year.
What would the net operating income be in this situation?
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a good with many close substitutes is likely to have relativelyelastic demand, since consumers can easily choose to purchase one of the close substitutes if the price of the good rises.
Because customers may easily choose to purchase one of the near replacements if the price of the product increases, a good with several close substitutes is likely to have somewhat elastic demand. The sensitivity of customers to price changes is measured by the price elasticity of demand.
Because demand for one product rises as the price for the substitute good rises, the cross elasticity of demand for substitute goods is always positive. In contrast, the demand for complementary items has a negative cross-elasticity. Since it is simpler for customers to transfer from one product to another, goods with near substitutes typically have more elastic demand. Margarine and butter, for instance, may be readily swapped out. The demand for an item with near replacements will be elastic, whereas the demand for a commodity without close substitutes will be inelastic. Let's take the scenario where the cost of a candy decreases from Rs. 10 to Rs. 5 and the demand grows from Rs. 10 to Rs. 15 for the candy. Here, 50% divided by 50% equals 1, meaning that the percentage change in demand is equal to the percentage change in price.Know more about the elasticity of demand:
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If a company uses an actual cost system, inventory records can first be updated from the:____.
a. vendor invoice
b. purchase order
c. receiving report
d. purchase requisition
If a company uses an actual cost system, inventory records can first be updated from the: receiving report
Inventory records
Inventory records are databases that contain information about each item in a brand's product line, such as what's in stock at the SKU level. What has been purchased and reordered. The worth of the commodity. The location of the inventory's storage. An accurate inventory record ensures that you always have in-demand commodities on hand, so you never run out. An accurate inventory record also allows you to track sales patterns and distinguish between fast-moving and slow-moving products.
A receiving report is an internal document that records what materials and inventory the company received. The receiving report is distributed to other departments in order to inform them of the things that have been received and are ready for usage.
Therefore, the correct option is option C
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What is the latest stage during which a buyer can terminate the buying decision process?.
The latest stage during which a buyer can terminate the buying decision process is purchase.
What is purchase?Purchase is to buy, obtain by payment of a price in money or its equivalent.
What is purchase decision?Purchase decision is the thought process that leads a consumer from identifying a need, generating options, and choosing a specific product and brand. The level of dominance of each process at a particular time is the key determinant of purchasing decisions. Visitors are more likely to add a product to their cart when the emotional process takes control, as they are directed by “how it feels” and not “is it worth it.To learn more about purchase decision, refer: https://brainly.com/question/15071491?referrer=searchResults
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Experts working in the area of _____ work to make sure systems are easy to use, while people working in the area of _____ work to leverage technology to make firms more efficient.
Experts working in the area of process design work to make sure systems are easy to use, while people working in the area of automation work to leverage technology to make firms more efficient.
What is technology?Technology can be described as the process of application of science and technology.
It should be noted that technology help to bring about different innovation in the todays world, hence Experts working in the area of process design work to make sure systems are easy to use, while people working in the area of automation work to leverage technology to make firms more efficient.
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Cisco uses the term the power of in-person to describe the ability of what technology to improve access to subject matter experts and to open doors for small business people?.
The ability of telepresence technology to increase access to subject matter experts and open doors for small company owners is referred to by Cisco as "the power of in-person."
More about telepresence technology:
The term "telepresence" refers to a group of technologies that enable a person to appear or appear to be present via telerobotics at a location other than their actual location.
Through the use of technology, telepresence enables people to connect, collaborate, and feel as though they are physically present in one place while actually being in another. With regard to ocean exploration, telepresence technology enables an almost limitless number of scientists on land to take part in at-sea ocean exploration, contributing their knowledge to missions regardless of where a ship or the scientists are located in the world.
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Communities depend on local businesses to support local events.
A. True
B. False
Answer:
True hope this helps
Explanation:
A manufacturer of frozen pizzas found that total revenue decreased when price was lowered from $5 to $4. It was also found that total revenue decreased when price was raised from $5 to $6. Thus,.
Bank feeds will make suggestions based on transactions that you have previously __________ and __________.
Answer:
purchased and searched
a marketing department that promises delivery faster than the ability of the production department to produce is an example of a lack of understanding of the group of answer choices interrelationships among value-creating activities within a firm. synergy of the business units. need to maintain the reputation of the company. organizational culture and leadership.
A lack of awareness of the interactions between functional areas and company strategies is demonstrated by a marketing department that promises delivery sooner than the production department is capable of producing. For effective marketing and sales, the marketing department is essential.
What is marketing department?The Marketing Department plays a vital role in promoting the business and mission of an organization. It serves as the face of your company, coordinating and producing all materials representing the business. It is the Marketing Department's job to reach out to prospects, customers, investors and/or the community, while creating an overarching image that represents your company in a positive light.
developing a brand definition and management.managing marketing campaign initiatives.creating advertising and marketing materials.creating content for your website that is search engine optimized. social media management and observation.creating communications within.being a liaison with the media.carrying out market and consumer research.managing external contractors and organizations.To learn more about marketing department visit:
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Switzerland is much smaller than the united states but its population density is much greater. Although switzerland’s gdp is much smaller than the united states’ gdp, its _______ is slightly higher.
Although Switzerland's gdp is significantly lower than that of the United States, its GDP per capita is slightly higher.
GDP
GDP, or gross domestic product, is a wide monetary measure of a country's overall economic activity. It is a measure of the total worth of all final goods and services produced over a given time period. GDP is often used to assess a country's standard of living. It is the sum of all consumption, consumer spending, government spending, national investment, business capital expenditures, and total net exports, which is the difference between total exports and total imports.
Switzerland is substantially smaller than the United States, but it has a much higher population density. Although Switzerland's GDP is significantly lower than that of the United States, its GDP per capita is marginally greater.
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In the market for natural gas, what will likely happen to current natural gas prices and output if the producers expect future prices to decrease? current supply will _________, and, as a result, current prices will _________.
If producers expect prices to decline in the future, what will happen to natural gas prices today and what is the output of the natural gas market? Current offers increase. As a result, the current price decreases.
A manufacturer is a person who makes and provides goods or services. Producers combine labor and capital (called factor costs) to create something else. A business company is a prime example of a producer, and when we refer to a producer we usually refer to an economist. Those who sell and buy are producers and consumers. Producers make or produce goods and services, and consumers receive money to purchase these goods and services. Most people are producers and consumers.
Producers are all types of green plants. Green plants get their food by receiving sunlight and using energy to produce sugar. Plants use this sugar, also called glucose, to make many things, such as trees, leaves, roots, and bark. Trees such as giant oak and American beech are examples of producers.
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A devoted sales agent is required to review the entire summary of benefits during a compliant sales presentation to a prospect
The statement that a devoted sales agent is required to review the entire summary of benefits during a compliant sales presentation to a prospect is TRUE.
What should a sales agent do?When trying to convince a prospect to purchase a good or service, it is important that the sales agent go above and beyond to make the sale. This shows the difference between a devoted sales agent, and one that handles their craft lackadaisically.
One way to show devotion from the sales agent, is to review the benefits of the service or good in its entirety. To remain time efficient, it is best that only a summary is provided of these benefits. However, there should be an effort to let the prospect know of all the benefits that the good or service affords as this would make them more likely to make a purchase.
In conclusion, it is true that a devoted sales agent should review the entire summary of benefits.
Options include:
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the economic environment consists of economic factors that affect . the economic environment consists of economic factors that affect . the natural environment entrepreneurial orientation of a population the quality of technological innovation consumer purchasing power cultural patterns of communities
The economic environment consists of economic factors consumer purchasing power and spending patterns.
What's consumer?A consumer is a person or a group who intends to order, orders, or uses bought goods, products, or services primarily for particular, social, family, menage and analogous requirements, not directly related to entrepreneurial or business conditioning. In an frugality, a consumer buys goods or services primarily for consumption and not for resale or for marketable purposes.Consumers pay some quantum of plutocrat( or original) for goods or services.What are consumer duties?Consumers must make sure that the product they're copping is of good quality, and have been quality pronounced similar as Ag mark, ISI, Hallmark, etc. Consumers should always make sure that they've seen and understood all the information available about a product and make an informed choice.Learn more about consumer here:
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The internal factors include strengths and weaknesses ________ the organization currently.
The internal factors include strengths and weaknesses, particularly the resources and capabilities, of the organization currently
A SWOT analysis consists in analyzing the strengths, weaknesses, opportunities, and threats, to the organization. It enables essential interventions in the areas of vulnerability, and a consolidation of the areas where the organization is performing well. External factors include the opportunities and threats to the organization.
Internal factors include the strengths and weaknesses of the organization. These consist of the resources and capabilities that the organization has, such as its financial conditions and human resources. It is in these areas that the most control can be exercised, and therefore interventions may be most effective.
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Ji-eun loves her car. Recently, she noticed her tires were getting worn. She took it into the dealership, where she was told that all her tires were worn and should be replaced. Ji-eun knows this will be a significant investment. She decided on getting the most expensive tires because they are high quality and she wants the best. She hopes she is making the right decision. At least she will not have to purchase tires for several more years, unless she gets a flat. Ji-eun’s involvement with her tire purchase is an example of ______.
Ji-eun’s involvement with her tire purchase is an example of high involvement.
What is high involvement in the purchase process?It corresponds to making a decision about a purchase that involves a series of important deliberations about the characteristics and long-term consequences.
Therefore, high involvement in the purchase process usually occurs with consumer durables, where consumers look for the best options that will satisfy their long-term needs.
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Your cousin is currently years old. She will be going to college in years. Your aunt and uncle would like to have in a savings account to fund her education at that time. If the account promises to pay a fixed interest rate of per year, how much money do they need to put into the account today to ensure that they will have in years?.
A savings account is a hobby-bearing deposit account held at a bank or different economic group. though this money owed typically pays a modest hobby price, their safety and reliability lead them to an awesome choice for parking coins you need available for quick-term needs.
A savings account is a basic type of financial product that permits you to deposit your money and generally earn a modest amount of interest. those debts are federally insured for as much as $250,000 in keeping with the account owner and offer a safe area to place your money at the same time as income interest.
Savings bills are truly a very low danger, as long as your financial institution is FDIC insured. The FDIC insures each depositor, which means anybody who deposits cash, for as much as $250,000, according to the insured financial institution.
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In a study whose purpose is to determine the market for a vitamin that is to be chewed like bubble gum, what is the first question to be answered before a sampling plan is selected?.
The first question to be answered before a sampling plan is selected is What is the population or universe of interest?
A sampling plan is a detailed outline of when, what materials, how, and by whom measurements will be taken. The Statistical sampling plans obey the laws of probability, so valid inferences about a population can be drawn from the statistics of a sample drawn from the population.
Sampling Systems and Sampling Plans Allow Assessment of Risk to Both Producers and Consumers in Accepting or Rejecting Batches of Product and these risks need to be quantified, discussed, and agreed upon.
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ifrs requires disclosure, but not accrual, of these present obligations: (select all that apply.) multiple select question. amount of probable future sacrifice
IFRS Classification of Contingencies. Contingent liabilities are recorded to ensure that the financial statements are accurate and meet GAAP or IFRS requirements.
In this IFRS, the term 'contingent' is used for liabilities and assets that are not recognized because their existence will be confirmed only by the occurrence or non-occurrence of one or more uncertain future events not wholly within the control of the enterprise.
A contingent liability is not recognized in the statement of financial position. However, unless the possibility of an outflow of economic resources is remote, a contingent liability is disclosed in the notes.
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A market results from the interaction of a marketer’s efforts, economic conditions, and.
A market results from the interaction of a marketer's efforts, economic conditions, and the elements of culture.
What is market?The exchange of products and services may take place more easily when buyers and sellers can connect in a market.Markets can exist in the real world, like a physical store, or online, like an e-retailer.In addition, there are financial markets, auction markets, and illicit markets.As a result of supply and demand, markets decide the pricing for commodities and services.The existence of an arena, buyers, and sellers, as well as a commodity, are characteristics of a market.Any location where two or more people may come together to conduct a business transaction, even one that doesn't involve cash, is referred to as a market.To know more about market, refer to the following link:
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Suppose you are buying your first condo for $180,000, and you will make a $15,000 down payment. You have arranged to finance the remainder with a 30-year, monthly payment, amortized mortgage at a 6. 5% nominal interest rate, with the first payment due in one month. What will your monthly payments be?.
If we arranged to finance the remainder with a 30-year, monthly payment, amortized mortgage at a 6. 5% nominal interest rate, with the first payment due in one month. The monthly payments amount be $1,042.91
Purchase Price of Condo $180,000.00
Down payment $15,000.00
Loan amount $165,000.00
Terms in years 30
Annual interest rate 6.50%
Monthly interest rate 0.5417%
No. of monthly loan payment 360
Monthly payment amount $1,042.91
The term "Monthly Payment Amount" refers to the total of the interest payable under this Note on the portion allocated as Fixed Rate Tranche A at the Fixed Interest Rate in the amounts for each such Payment Date set forth on Annex 1 attached hereto and incorporated herein by this reference or as provided by Payee to Maker in connection with the initial Fixed Interest Rate Interest Period from and including the First Payment Date through the Maturity Date.
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Alex and bailey run a dog wash and spa service. they have to purchase basic, low-cost work supplies on a regular basis. they budget a specific amount of money to buy these goods each month. which type of credit would be most helpful and least risky for them? installment credit secured credit card service credit bank loan
Alex and bailey run a dog wash and spa service. They have to purchase basic, low-cost work supplies on a regular basis. They budget a specific amount of money to buy these goods each month. Secured credit card service would be most helpful and least risky for them.
What do you mean by Secured credit card service?
A secured credit card is a type of credit card that is backed by a cash deposit from the cardholder. This deposit acts as security for the account and provides security to the card issuer in case the cardholder is unable to make payments. With a secured credit card, the amount you put down becomes your credit limit for your credit card.Secured credit cards are often issued to subprime borrowers or those with poor or limited credit history (so-called thin file borrowers). Since the card issuer will report secured credit cards to the credit reporting agencies, these cards can help borrowers improve their credit scores.To learn more about Secured credit card service, refer to:
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3. Using the Base Case, calculate the change in non-cash working capital in 2024E
Once you have calculated the non-cash working capital, you can analyze your results to learn more about your company. To make an informed investment, potential investors may ask for information about your company's non-cash working capital.
The base case is the model's expected case, determined by using the assumptions that the project team consider are most likely to occur. The financial results from the base case should be better than those from conservative scenarios, but worse than those from upside cases. A base case analysis usually refers to the results obtained from running an economic model with the most likely or preferred set of assumptions and input values.
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2. as a public health leader, what stakeholders would you involve in creating and implementing solutions to the potential effects of rationing on the poor and medically underserved under your public health jurisdiction?
Patients, the general public, communities, governments, pharmaceutical companies, educational institutions, medical specialists, governments, international organisations, and supporters of research are among the stakeholders in public health.
What are stakeholders?According to the definition of the term "stakeholder" in a 1963 internal Stanford Research Institute memo, a stakeholder in a corporation is a member of "groups without whose support the organisation would cease to exist."A party with an interest in a business and who may have an impact on or be affected by it is referred to as a stakeholder. Investors, employees, clients, and suppliers make up a typical corporation's main constituencies.By offering their expertise and perspective to a project, stakeholders primarily assist organizations in achieving their strategic goals. They could offer the tools and resources needed as well. An undertaking's success depends on their support.To learn more about stakeholders visit:
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In college, does it cost more to do a major and a minor than to just do a major? Does it take more time? Can you do your major and minor combined and still finish in 4 years?
PLEASE PROVIDE DETAILED ANWSER-THANKS BRO
MUCH LOVE!
(remember Jesus loves you)
The subject on which your degree is primarily focused is called a major. You will finish with a degree in your major, and the majority of your courses will be in that major.
You have the abilities you need to launch your career thanks to your major. A minor allows you the opportunity to pick up new talents unrelated to your major. You might decide to declare a minor based on your personal interests in a particular area of study or pick one that somehow compliments your major.
Almost typically, a double major entails taking more classes, which results in higher tuition costs. Your course load will be heavily influenced by the particular programmes you choose.
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a broker-dealer located in state a has all of its agents registered in state a. the broker dealer has no office in neighboring state b. the broker-dealer would be required to register in state b if its clients in state b
If the broker-clients dealer's in State B were exclusively State B government officials, then State B would require that the broker-dealer register there.
Broker-dealers are exempt from registration in a State if they do not have an office there and exclusively conduct business with institutional clients there. Institutional clients include broker-dealers, financial advisors, and organizations that accept deposits, such as banks. On the other hand, because the broker-dealer is now working with "ordinary investors," the sale of securities to State B government employees would necessitate the broker-registration dealer's in the State.
Does the FINRA require broker-dealers to register?Both businesses and individuals must be registered with FINRA to transact securities and do business with the investing public in the United States. To become a FINRA-registered broker-dealer, a company must apply and complete specific membership requirements.
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what is the future value of a 10-year annuity, if $100 payments are made at the end of each year and the interest rate is 8%? what type of annuity is this? enter the data into your calculator: n
Since, series of regular payments made at the end of each year, So it is ordinary annuity
Explain the Ordinary Annuity ?N = 10 years
PMT= $100
future value of ordinary annuity -
[tex]FV = PMT \frac {[(1+r)^n -1]}{r}[/tex]
Here
FV is future Value
PMT is Payment made every year
r is rate
Substitute the given values in FV:
[tex]FV = 100 \frac {[(1.08)^10 -1]}{0.08}[/tex]
[tex]FV = 100 \frac {1.589}{0.08}[/tex]
FV = $1448.66
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What arguments would support unitech's focus on technical skills among first-line supervisors? what arguments could be made against that focus? what are the pros and cons of periodically sending top managernent out to work alongside non-management employees?
Technical skills can be inferred as specialized knowledge or expertise needed to accomplish a task or it can also be said as an individual's knowledge, expertise, and ability in any process, method or technique.
what are the pros and cons of periodically sending top managernent out to work alongside non-management employees?What are the benefits and drawbacks of occasionally assigning top managers to work with non-management staff if you have recently completed your degree program and have been chosen by a corporation to lead a department? need a variety of talents. You lack expertise in each of those areas. Imagine that there were individuals in that department who were well-respected by their coworkers and who had applied for the same management post but lost out to you. You would be aware that the individuals in the department believe that this was unjust.To learn more about non-management employees refer"
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Technical skills may be interpreted as the particular knowledge or competence required to complete a work, or they may refer to a person's knowledge, expertise, and ability in any procedure, method, or technique.
What benefits and drawbacks might there be if top managers occasionally worked with non-management staff?If you have just finished your degree program and have been selected by a company to run a department, what are the advantages and disadvantages of occasionally putting top managers in charge of working with non-management staff?Require a variety of skills. You're not an expert in any of those fields. Imagine that there were people in that department who were well-liked by their co-workers and who applied for the same management position but were unsuccessful because you were the best candidate.You would be aware that the department's members think this was unfair.To know more about non-management employees visit:
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When ilana was considering different brands of pocketbooks to buy, she could think of only three she would actually consider purchasing. These three brands make up her ________ set.
Ilana could only come up with three brands of pants she would truly consider buying when she was pondering which ones to buy. Her Evoked set is comprised of these three brands.
More about evoked sets:
An evoked set is simply the collection of brands that consumers think about when they are in need of a certain good or service. Based on how consumers view these brands and overall brand equity with consumers, they are regarded as acceptable.
Both previously purchased brands and products that the consumer has never used can be part of the evoked set.
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QUESTION 2 2.1 Today marketing management must pay special attention to packaging so that products are (10) displayed in the best possible way." Explain any FIVE requirements of good packaging
Marketing management today must pay special attention to packaging to ensure that the product (10) is presented in the best possible way. Packaging serves a variety of roles. This includes providing protection, security, improved usability, attractive appearance, and optimal design.
Marketing management is an organizational discipline that focuses on the practical application of marketing directions, methods, and techniques within enterprises and organizations, and on the management of the marketing resources and activities of an enterprise. In a nutshell, marketing management is the process of planning, implementing, and tracking an organization's marketing strategy.
This includes marketing plans, campaigns, and tactics used to create and meet the needs of your target audience to increase profitability. The four types of marketing management typically represent the four components of the marketing mix: product, price, promotion, and location. But the marketing mix is not marketing management. Some types of advanced marketing management include managing resources, tasks, projects, and operations.
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