the marketing mix, often known as the four ps of marketing, represent areas that a firm can adjust to influence demand for its goods, services, or ideas. if a firm wanted to adjust the cost of a service by 2 percent to stay competitive, on which of the four ps would it be focusing?

Answers

Answer 1

if a firm want to adjust the cost of a service by 2% to stay competitive, such firm will be focusing on the Price in marketing mix.

What is a marketing mix?

In marketing, these mix refers to those elements of a business's marketing that are designed to meet the needs of its customers.

The four elements of marketing mix are often called 4 'Ps' and includes:

priceproductpromotionplace.

In conclusion, the firm will be focusing on the Price in marketing mix if a firm want to adjust the cost of a service by 2% to stay competitive,

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Related Questions

Note that common work styles are listed toward the top, and less common work styles are listed toward the bottom. According to O*NET, what are common work styles needed by Stationary Engineers? Check all that apply.

integrity
social
dependability
independence
artistic

Answers

Integrity is the right answer

What was the opening price of Dow Jones Industrial Average on Sep 28, 2017 in the format of XXXXX.XX?

Answers

The starting price was $21080.28.

Calculation

On May 30, 2017, the Dow Jones Industrial Average was:

The Dow Jones Industrial Average finished at 21029.47 on May 30, 2917, a decrease of 50.81, according to valueline.com.

Index of closure: 21029.47+ downward motion = 50.8121080.28 is the opening index.

According to this, the starting price was 21080.28.

The stock performance of 30 major firms that are listed on American stock exchanges is tracked by the Dow Jones Industrial Average. It is an index of stock price. The S&P 500 Index and the NASDAQ are two more.

The day's initial average price before trading began is represented by the starting index. The price must have fluctuated, moving up and down, while trade. By adding back, it can be deduced from this closing index data that the opening price was higher than the closing price by 50.81, or around 51 basis points.

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the budget for a dinner party had to be addressed before hannah began buying supplies for the party.

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b.) Purchasing place cards for the table a dinner party ought to be a celebration of time spent not at work.

an inexpensive dinner party

Put away the expensive invitations - Cards are a great addition, but they are not need to be elaborate. Make your own or, if you'd prefer to send an email, personalize it by downloading and editing a free template. Numerous free invitation and e-card designs are available on websites like Greeting Card Island.Cheap entertainment made easyPrepare the sceneHost a potluck gatheringMake a plan based on the season and use what you already know.recipes that only require three ingredientsTake an inventory of your kitchen.Watch out for dealsApproach the deli counter.

A proper dinner party doesn't start before 5 p.m., which is when the normal workweek ends. This ensures that the most invitees possible can really attend.

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Question - " The budget for a dinner party had to be addressed before Hannah began buying supplies for the party."

Which of the following items would be paid from the dinner party budget?

a.)Using the serving plate she bought last year

b.)Purchasing place cards for the table

c.)Running the dishwasher to clean up after the party

d.)Borrowing two chairs from her co-worker for extra seating      

what information do the traders in sources 1 and 2 want to convey to prospective buyers, and why? what similarities and differences do you see in the way sellers might choose to market servants and slaves?

Answers

The traders want to convey to prospective buyers the age and sex of the people they are trading. In both advertisements, the people being sold are described as healthy.

Slaves are the negroes and their posterity, following the condition of the mother. They are called slaves, in respect of the time of their servitude, because it is for life. Servants are those who serve only for a few years, according to the time of their indenture, or the custom of the country.

Many landowners also felt threatened by newly freed servants' call for land. The colonial elite found out about the troubles of indentured servitude. Landowners grew to become African slaves as a greater profitable and ever-renewable source of exertions and the shift from indentured servants to racial slavery had begun.

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one company markets such diverse products as old el paso mexican foods, yoplait yogurt products, and blue buffalo pet foods. these various offerings exhibit this firm's product mix

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One company markets such diverse products as old el paso mexican foods, yoplait yogurt products, and blue buffalo pet foods. these various offerings exhibit this firm's product mix Width .

What is firm's product mix width ?

Product mix, also known as product assortment, refers to the total number of product lines offered to clients by a company. A company's product mix has four dimensions: width, length, depth, and consistency.

The number of product lines sold by a corporation determines the width, or breadth, of its product mix. For example, if you run EZ Tool Company and only sell hammers and wrenches, your product mix width is two.

Small and new enterprises typically do not have a diverse product offering. It is more realistic to begin with some basic products and gradually increase market share.

Later on, the company's technology may allow it to diversify into other industries and broaden its product mix.

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Word count -

sean attributes the success of his video game arcade to advertising on the most popular website for gamers. recently, the website raised ad prices, so sean has cut his advertising in half. he believes that positive word-of-mouth will be enough now that his game is well established. however, sales are slipping. of the five primary activities in the value chain, this problem is most likely to occur in .

Answers

Sales of video games may be declining as a result of value chain marketing and sales challenges.

What impact may marketing have on sales?

Sales Facilitation Although a business can sell its goods directly to consumers, adopting marketing strategies raises consumer awareness of the goods and makes them more visible to a wider audience, which in turn boosts sales and revenue. Marketing can spot changes in consumer behavior.

These internal elements that influence a product's sales include:

1) The company's product, 2) The company's marketing plan, 3) The company's marketing staff, 4) Technology and automation, 5) Presence in numerous forms, notably in E-commerce, and 6) The company's marketing personnel.

6) The ability to reach "Digital Footprints" clients.

7) The availability of funds

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startup costs aren't deductible in the year that a business is started, but they can be amortized over

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Startup costs aren't deductible in the year that a business is started, but they can be amortized anything over $5,000 must be amortized (deducted) over the following 15 years.

The IRS allows you to deduct $5,000 in charter fees and $5,000 in organization fees, but only if the total charter fees are less than or equal to $50,000. If incorporation costs exceed $50,000 in any region, the deductible amount will be reduced by the excess.

If your start-up costs actually keep your business going, you can: Deduct part of first-year expenses. When. The remaining costs are amortized (that is, divided evenly) over 180 months from the month the business was started.

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If consumers view cappuccinos and lattés as substitutes, what would happen to the equilibrium price and quantity of lattés if the price of cappuccinos rises?.

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Answer:

The price would increase based on the economical and global dislike of risen prices on favorite products. Hope this helps!

a business wants to evaluate how much they're spending on their customers, versus how much their customers go on to spend. if they want to see how much they spent for a customer to take action on a campaign, that measurement would be:

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a business wants to evaluate how much they're spending on their customers, versus how much their customers go on to spend. if they want to see how much they spent for a customer to take action on a campaign that measurement would be ROI(Return on investment).

What is ROI?
Return on investment, or ROI, is a mathematical formula that investors can use to evaluate their investments and determine how well one investment performed in comparison to others. An ROI calculation is sometimes used in conjunction with other approaches to create a business case for a specific proposal. The overall ROI for an enterprise is used to assess how well a business is managed. If an enterprise has immediate goals, such as increasing market revenue share, constructing infrastructure, or positioning itself for sale, a return on investment may be measured in terms of meeting one or more of these goals rather than immediate profit or cost savings.

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Chevening is looking for individuals who will be future leaders or influencers in their home countries. explain how you meet this requirement, using clear examples of your own leadership and influencing skills to support your answer.

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There are many ways to become a competent leader or influencers some of them are as follows:

Follow the rules and guidelines: a good leader should always make sure to follow the public rules wherever and whenever possible as it is the leader that people look up to regarding the social behavior.Taking a stand for social issues: there are many social issues going around the society, a good leader listen to them and takes a stand against it to help the ones facing them.Speaking through actions: it is not only just the words that the leader has to speak it is through the actions that a leader is going to prove his/her views.Helping the ones in need: for a good leader the society or people around them is their family and need to look out for them and take decisions in their welfare.

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A likely effect of government policies that redistribute income and wealth from the wealthy to the poor is that those policies.

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Redistribution of income and wealth from the wealthy to the poor is that those policies reduce efficiency, equality and the reward for working hard. As a result people work less and produce fewer good and services.

When income and wealth from the wealthy is redistributed to the poor it reduces the motivation to work among all type of people and also has a negative effect on the economic efficiency. It can keep inequality in check but there won't be any big differences, and also lower poverty but only when done correctly.

This would improve equality but efficiency will be affected.

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how do I start a business?

Answers

Answer: You start a business by conducting your research on what you want to do and making sure your stable enough with money because it will cost money to earn money

Explanation:

You start a business plan containing market research with this you would hopefully find a thing that makes your product unique and invest into your company

• calculated transition and risk costs associated with recommendations of tobacco regulation acts regarding

Answers

Republic Act No. 9211, often referred to as the Tobacco Regulation Act of 2003, is an all-encompassing regulation that controls, among other things, smoking in public places, tobacco advertising, promotion, and sponsorship, and sales limitations.

What is Tobacco Regulation Act ?

The Family Smoking Prevention and Tobacco Control Act (Tobacco Control Act), which was enacted on June 22, 2009, grants FDA the ability to control the production, distribution, and marketing of tobacco products in order to safeguard the public and ensure a healthy future for all Americans.

With the approval of the Family Smoking Prevention and Tobacco Control Act by the US Congress, the U.S. Food and Drug Administration started to regulate tobacco in 2009.

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which one of the following policies would typically answer questions about when an organization should destroy records?

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A data retention policy would typically answer questions regarding the destruction of records in an organization.

What is an organization?

An organization can be defined as the part where the business or a firm is being made, and they carry out trade and has a specified purpose for its making.

Data retention policy is a water person should usually use in an organization with speaks start up to 10 years of data need to be preserved, and a data is beyond that time period and the organization can easily delete that data without facing any consequence in the near future.

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allen filed his 2022 tax return on may 15th, 2023, and underreported his gross income by 30 percent. assuming allen's underreporting is not due to fraud, the statute of limitations for irs assessment on allen's 2022 tax return should end:mult

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The statute of limitations for irs assessment on Allen's 2022 tax return should end: none of the choices are correct.

How to determine when to file the statute of limitations for the tax return

When there is the cased of underreporting of the tax return of a person that is not due to fraudulent activities, the statute of limitation would have to end after 6 years form the date that the return was filed and the due date of that return.

We can see that he made the filing in the month of may 2023, when we add 6 years to this, it would have to be filed on the 15th of may 2029. Since the question does not have this date, we can say that none of the options are correct

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complete question

a. may 15 2024

b.april 15 2024

c. may 15 2025

d. april 15 2025

e. none of the choices are correct

suppose now that the school wishes to make sure no students with diabetes or asthma go without the drug because they cannot afford it. because it does not know the budget of each student, the health center decides to offer vaccines free to students who can provide a doctor's note stating they have a pre‑existing condition.

Answers

The school is now seeking a greater degree of equity

Education equity, sometimes known as "equity in education," is a metric for success, justice, and opportunity. The study of excellence and equity is frequently related to the study of educational equity. Equity in education is influenced by two key elements.What makes equity crucial in education?According to additional research, equality can improve pupils' social and emotional development. Students from all backgrounds and abilities are more likely to show compassion and kindness to others as children and adults when diversity is promoted, understood, and given opportunity to grow in empathy.

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. when wq<1, minimum "c for asa" can be found. thus run the excel sheet based on the formula we can get the minimum cost staffing plans. minimum "c for asa" for each call centers and employees’ 8-hour shifts are such as the following:

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For each call center, the total "C for ASA" is as follows: 271, 67, 57, and 73. Each center needs to have a minimum of 23, 6, 5, and 6. 40 workers are needed in total to staff the four call centers: 23 + 6 + 5 + 6.

What is ASA?
The independent advertising regulator in the UK is called the Advertising Standards Authority (ASA). The ASA ensures that advertisements in UK media follow the advertising guidelines (the Advertising Codes). The ASA's sibling organization, the Committee of Advertising Practice (CAP), is in charge of creating the Advertising Codes.

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lisa is a mortgage underwriter who is analyzing a borrower’s ability to repay a home loan. in addition to the borrower’s income, lisa is also looking at the type and value of the property financed. all of the following are true regarding lisa’s property analysis, except the

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Lisa is a mortgage underwriter who is analyzing a borrower’s ability to repay a home loan. In addition to the borrower’s income, Lisa is also looking at the type and value of the property financed. All of the following are true regarding Lisa’s property analysis, except the title insurance policy may protect from loss.

In coverage, the insurance policy is a contract among the insurer and the policyholder, which determines the claims which the insurer is legally required to pay. In trade for an initial price, called the top rate, the insurer promises to pay for loss as a result of perils protected under the coverage language.

What is called insurance policy?

Insurance is a felony settlement among two events – the insurer and the insured, additionally known as insurance coverage or insurance policy. The insurer gives financial coverage for the losses of the insured that she/he may additionally undergo under positive instances.

What's the advantage of insurance policy?

Insurance policy covers the loss of an man or woman but the social loss cannot be eliminated. If the assets of someone is misplaced via hearth, it may be compensated by using the insurance organization. The loss of goods will continue to be as a social loss. Insurance policy can't eliminate loss but it can lessen the risk to the person.

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the study of business activities for the purpose of making recommendations about the efficient and effective use of resources, effective achievement of business objectives and compliance with company policies is auditing.

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the study of business activities for the purpose of making recommendations about the efficient and effective use of resources, effective achievement of business objectives and compliance with company policies is operational auditing

What is operational auditing?

An operational audit is the process of assessing a company's operational activities, both on a daily basis and on a larger scale. An operational audit focuses more deeply than other types of audits, which might only examine one department or the business' finances.

It provides a comprehensive view at all of the internal divisions and procedures that make up a company's operations. An operational audit looks at how a firm runs its operations with the goal of enhancing overall effectiveness, as opposed to a conventional audit that assesses financial accounts.

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e-business is the exchange of goods and services among individuals, typically facilitated by a third party.

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C2C business is the exchange of goods and services among individuals, typically facilitated by a third party.

C2C refers to a market situation in which one customer purchases goods from another customer with the aid of a platform or business run by a third party. The sharing economy and e-commerce gave rise to a specific type of business model known as C2C companies.              

What is E-Commerce?

E-commerce, also referred to as electronic commerce, is the transfer of products and services as well as funds and data through an electronic network, most frequently the internet. These business transactions may be B2B, B2C, C2C, or C2B (business-to-business, consumer, or business-to-business). E-tail is another name for the transactional processes that make up online retail shopping. Online retail has grown dramatically over the past 20 years thanks to the widespread use of e-commerce platforms like Amazon and eBay. According to the U.S. Census Bureau, e-commerce accounted for 5% of all retail sales in 2011.

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introduction to managerial accounting, 9th edition with connect (baruch college edition), by brewer, garrison, and noreen, published by mcgraw hill.

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Brewer's Introduction to Managerial Accounting is known for being the most reading and accessible text available. Students are guided toward knowledge by its small chapters and straightforward presentation, much as how a compass's needle directs a traveller.

The authors of the book are aware that everyone may arrive at a different place, nevertheless.

Some pupils are destined to work as accountants, while others will work in management, marketing, or finance. The Brewer text not only explains managerial accounting ideas to students in a straightforward and succinct manner, but it also pushes them to think about how the concepts they are learning will apply to real-world scenarios they will inevitably encounter throughout the course of their careers.

Whatever their end destination may be, students will succeed with this mix of conceptual understanding and application skills.

The term "managerial accounting" refers to a system of accounting that produces documentation, reports, and statements that aid management in making better judgments about the operation of their company. Internal uses make up the majority of managerial accounting.

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QUESTION 9
Donald is a college student who has $4,000 in savings that he earned from his summer job. He plans to
leave the $4,000 in a 6 percent certificate of deposit (CD) for three years. How much will Donald have in
the CD at the end of the three years?

Answers

$4000 x 1.06 = $4240 = +$240 every year

After 3 years: $4000 + $720 = $4720

true or false: by law, at least 10% of all proceeds from stock transactions in the secondary market go to the issuing company.

Answers

By law, at least 10% of all proceeds from stock transactions in the secondary market go to the issuing company.

The above statement is false that at least 10% of all proceeds from stock transactions in the secondary market go to the issuing company.

Secondary Market: It is a market where investors can acquire and sell securities they already possess. Although stocks are also sold on the main market when they are originally issued, it is what most people refer to as the "stock market."

Stock Market: Shares of publicly traded corporations are traded there. In an initial public offering (IPO), corporations sell shares to the general public on the primary market in order to raise money.

The above statement is false that at least 10% of all proceeds from stock transactions in the secondary market go to the issuing company.

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a. explain the typical shapes of the marginal-benefit and marginal-cost curves. the marginal-benefit curve is (click to select) sloping. the marginal-cost curve is (click to select) sloping. b. with these curves, the optimal allocation of resources to a particular product will occur when (click to select) . c. if current output is such that marginal cost exceeds marginal benefit, should more or fewer resources be allocated to this product? (click to select)

Answers

The Curve of marginal benefit's slope is a downward sloping curve that demonstrates that if government expenditure becomes more insecure, the extra benefit to the public will decrease. The marginal cost curve is trending higher, imposing an additional unit of tax on persons who have greater marginal cost owing to sacrifice.

What is marginal benefit?

A marginal benefit is a modest but demonstrable benefit that a buyer receives by purchasing an additional unit of an item or service.

As a customer decides to consume more of a single commodity, the marginal benefit typically decreases.

With these curves, the optimal allocation of resources to a particular product will occur when?

Optimal resource allocation for a certain product means that the marginal return for each type of outlay is the same. In other words, optimal resource allocation occurs when the marginal benefits of each item become equal.

If current output is such that marginal cost exceeds marginal benefit, should more or fewer resources be allocated to this product?

The marginal cost is greater than the marginal benefit Financial activities will likewise be inefficient and inefficient because the marginal sacrifice exceeds the marginal benefit.

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janelle loves sashimi. her first piece of sashimi normally gives her a marginal benefit of $5. each additional piece yields a marginal benefit that declines by $0.25 per piece. if her favorite sushi bar charges $2.75 per piece of sashimi, how many pieces should she eat?

Answers

The total quantity that Janelle would have to eat if the favorite bar charges 2.75 dollars is 10

How to solve for the total quantity that Sashimi would have to eat

We would have to get this by subtracting the declining marginal benefit of 0.25 dollars till we get to the point where the marginal benefit is the same as the price that is charged at $2.75

55 - 0.25 = 4.754.75 - 0.25 = 4.54.5 - 0.25 = 4.254.25 - 0.25 = 44 - 0.25 = 3.753.75 - 0.25 = 3.53.5 - 0.25 = 3.253.25 - 0.25 = 33 - 0.25 = 2.75

We can see that at the 10th quantity, that Janelle was able to get the same marginal benefit at the price for which the sushi bar is sold.

Hence we would say that the number of pieces that she would have to eat is 10.

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free cash flows should be discounted at the firm's weighted average cost of capital to find the value of its operations

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To determine the value of the company's operations, free cash flows should be discounted at the firm's weighted average cost of capital. True

In the field of corporate finance, free cash flow (FCF) or free cash flow to firm (FCFF) refers to the amount by which a company's operating cash flow exceeds its needs for working capital and expenditures for fixed assets (known as capital expenditures).

 It is that percentage of a company's cash flow that can be taken out and given to creditors and stockholders without having an adverse effect on business operations. The holders of the firm's equity, debt, preferred stock, and convertible securities, as well as potential lenders and investors, are all interested in this metric because it shows how financially flexible a company is.

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the dallas development corporation is considering the purchase of an apartment project for $100,000. they estimate that they will receive $15,000 at the end of each year for the next 10 years. at the end of the 10th year, the apartment project will be worth nothing. required: a. if dallas purchases the project, what will be its internal rate of return, compounded annually? note: do not round intermediate calculations and round your final answer to 2 decimal places. b. if the company insists on an 8 percent return compounded annually on its investment, is this a good investment?

Answers

The internal rate of return is  8.14%.

The investment is still a good investment.

What is the internal rate of return?

The internal rate of return is a capital budgeting method that is used to determine the profitability of a project. It is the discount rate that equates the after-tax cash flows from an investment to the amount invested.

A disadvantage of the internal rate of return is that there can be multiple IRRs if the negative cash flow does not occur at the beginning of the investment. A benefit of the internal rate of return is that it accounts for the time value of money.

The internal rate of return can be determined using a financial calculator.

Cash flow in year 0 = -100,000Cash flow each year from year 1 to 10 = 15,000

IRR = 8.14%

If the company insists on an 8 percent return compounded annually on its investment, it is a good investment because the internal rate of return is greater than the discount rate.

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shareholders group of answer choices everyone who is making a business decision. groups of people who are impacted by a company's business decisions including customers, suppliers and the government. owners of any type business. owners of shares of stock in a corporation.

Answers

Shareholders can be defined as the owner of shares of stock and the people who are impacted by the decision-making, like the customer-supplier and the government. Thus, options B and D are the correct options.

Who is a shareholder?

A shareholder can be defined as a person who owns at least one or more shares of a particular company.

Shareholders are owners of the stock that the company has issued. Also as the company booms or makes a profit the shareholder also makes the profit as both are related to each other.

So we can say that the impact of business or how the business is doing is in relationship with the customer-supplier or the government. Therefore options B and D are correct options.

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The question is incomplete, the complete question will be:

Who is a shareholder? group of answer choices

everyone who is making a business decision.

groups of people who are impacted by a company's

business decisions including customers, suppliers and the government.

owners of any type business. owners of shares of stock in a corporation.

the gabriel corporation has asked you, a consultant, to recommend an action that is likely to reduce potential conflicts between stockholders and bondholders. which action do you propose?

Answers

The action which shall propose, Including restrictive covenants in the company's bond indenture (which is the contract between the company and its bondholders).

What do you suggest bond?

Bonds are funding securities wherein an investor lends money to a corporation or a central authority for a fixed period of time, in change for ordinary interest bills. once the bond reaches adulthood, the bond provider returns the investor's cash.

What's bond in easy manner?

A bond is without a doubt a mortgage taken out with the aid of a employer. in preference to going to a bank, the organization gets the money from traders who purchase its bonds. In alternate for the capital, the enterprise can pay an interest coupon, that is the yearly hobby price paid on a bond expressed as a percent of the face fee.

How do bonds work?

An I bond earns hobby month-to-month from the primary day of the month in the difficulty date. The interest accrues (is delivered to the bond) until the bond reaches 30 years otherwise you coins the bond, whichever comes first. The hobby is compounded semiannually.

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An email usually is short in length and very direct. True? Or False?

Answers

Answer:

True

Explanation:

Based off of basic format of an email, you want to state your purpose for emailing this person or subject clearly and in a concise way. So therefore, this answer is True! Hope this helps!

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