A partnership does not pay income tax, however each partner pays tax on his/her income.
Answers
That statement is not entirely accurate. In a general partnership, the partnership itself does not pay income tax.
Instead, the partnership's income, losses, deductions, and credits "pass through" to the individual partners.
Each partner then includes their share of the partnership's income or loss on their personal tax return and pays taxes on that amount at their individual tax rate. This is known as "pass-through taxation."
So, while it is true that a partnership itself does not pay income tax, the individual partners are still responsible for paying taxes on their share of the partnership's income. Each partner's tax liability is determined based on their individual tax situation and the income they receive from the partnership.
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Related Questions
The profit remaining after subtracting the cost of bringing the goods into the store and the operating expenses from the sale of the goods.
Answers
The profit remaining after subtracting the cost of bringing the goods into the store and the operating expenses from the sale of the goods is known as "net profit." Net profit is an important financial metric for businesses, as it indicates the company's overall financial health and profitability.
To calculate net profit, one must consider various costs and expenses incurred in the business operation. Firstly, the cost of bringing goods into the store, also called the cost of goods sold (COGS), should be considered. This includes expenses like purchasing the products, shipping, and storage.
Secondly, operating expenses need to be taken into account. These include expenses associated with running the business, such as rent, utilities, salaries, and marketing efforts. Once you have the total costs and expenses, subtract them from the total sales revenue generated by selling the goods.Net profit = Sales revenue - (Cost of goods sold + Operating expenses)Understanding net profit is essential for businesses to make informed decisions about pricing, investments, and expansion.
By maximizing net profit, companies can increase their financial stability, reinvest in the business, and provide a return on investment for stakeholders. However, it's crucial to maintain a balance between cost reduction and maintaining product quality, as focusing solely on increasing net profit can lead to decreased customer satisfaction and long-term negative impacts on the business.
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Copy the sample kitchen budget worksheet to the current workbook
Answers
The total section will automatically calculate the sum of the planned budget and actual expenses.I can provide you with a general template for a kitchen budget worksheet that you can create in your current workbook.
Here's a sample format:
Kitchen Budget Worksheet:
Category Planned Budget Actual Expenses
Groceries [Enter amount] [Enter amount]
Dining Out [Enter amount] [Enter amount]
Kitchen Supplies [Enter amount] [Enter amount]
Appliances [Enter amount] [Enter amount]
Utilities [Enter amount] [Enter amount]
Repairs and Maintenance [Enter amount] [Enter amount]
Miscellaneous [Enter amount] [Enter amount]
Total [Sum of planned budget] [Sum of actual expenses]
In this worksheet, you can enter the planned budgeted amounts for each category and update the actual expenses as you make purchases or incur costs.
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The management of a chain of restaurants is replacing some menu items. Which economic question are they focusing on?.
Answers
The economic question that management of chain restaurants is focusing on when they replace some menu items is what to produce. Hence, the correct option is (A).
What Are The Three Main Economic Questions?In the modern economy, there are several main questions that entrepreneurs must find solutions to for their businesses to run well. The questions are what to produce, how to produce it, and for whom should we produce it. The economic question answered by the restaurant in question is what to produce, where the restaurant is trying to replace existing food with new food. The main objective of this innovation is to create more attractiveness so that consumers become more interested in visiting the restaurant.
The question is incomplete, but most probably your question was:
The economic question that management of chain restaurants is focusing on when they replace some menu items is
A. What to produce
B. How to produce
C. For whom should we produce
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Drag the tiles to the correct boxes to complete the pairs. Match the different types of communications with their descriptions. Tiles business letter business report note memorandum Pairs a formal way to communicate with people outside your organization arrowBoth an informal handwritten message arrowBoth a formal way to communicate with people inside your office arrowBoth a way to communicate financial information arrowBoth
Answers
Answer:
Matching the different types of communications with their descriptions:
Types of Communication Descriptions
business letter : a formal way to communicate with people
outside your organization
business report : a way to communicate financial information
note : an informal handwritten message
memorandum : a formal way to communicate with people
inside your office
Explanation:
a) Data:
Types of Communication:
business letter
business report
note
memorandum
Pairs
a formal way to communicate with people outside your organization
an informal handwritten message
a formal way to communicate with people inside your office
a way to communicate financial information
b) In Business, choosing the means of clear communication is very essential. The format used to communicate internally is not the same format for communicating externally. Even, within an organization, there are still different communication formats. A handwritten note can be used instead of memorandum for some communications depending on the formality required. Presenting a business report is more formalized than a handwritten note, for instance.
Answer:
Business Letter: a formal way to communicate with people outside your organization
Note: an informal handwritten message
Memorandum: an informal way to communicate with people outside your office
Business report: a way to communicate financial information
On has just received information that there were increases in both accounts payable and accounts receivable for $12,000 and $15,000, respectively. the net income is $230,000. what is the net cash provided by operating activities
Answers
The net cash provided by operating activities: is $227,000.
To calculate the net cash provided by operating activities, we will start with the net income of $230,000. Then, we will adjust for changes in accounts payable and accounts receivable. The increase in accounts payable represents an increase in cash, as the company has not yet paid for goods or services. On the other hand, the increase in accounts receivable represents a decrease in cash, as the company has not yet collected payments from customers.
Therefore, to find the net cash provided by operating activities, we will add the increase in accounts payable ($12,000) to the net income ($230,000) and subtract the increase in accounts receivable ($15,000):
Net cash provided by operating activities = $230,000 + $12,000 - $15,000 = $227,000.
In conclusion, the net cash provided by operating activities, given the provided information, is $227,000.
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a customer sells 1 WL september 100 call for 120 and buys 100 shares of WL stock at 105. The customer will break even at what market price
Answers
We have been given: Premium received = $120Shares bought = 100 Shares sold = 1; the Stock price at the time of purchase = $105.
From this, we can calculate the breakeven point for the customer, as follows: When the stock price is less than or equal to the strike price of the call option minus the premium received, the customer will make a profit. When the stock price is greater than the strike price of the call option plus the premium received, the customer will suffer a loss. In this question, the customer sells a call option, indicating a bearish sentiment. As a result, the stock price must decrease in order for the customer to profit from this transaction. The maximum profit for the customer can be found by multiplying the premium received by the number of shares sold. The maximum profit is $120.The breakeven point, on the other hand, is determined by subtracting the premium received from the stock purchase price and dividing it by the number of shares bought. Breakeven point = (stock purchase price - premium received) / number of shares bought= (105 - 120) / 100= -15/100= -$0.15This suggests that the stock price at the time of purchase was $105. The customer will break even if the stock price drops by $0.15 to $104.85 per share.When the stock price falls below $104.85 per share, the customer will start to make a profit. When the stock price rises above $104.85 per share, the customer will begin to lose money.
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If the price of a car is $3,500 with a 6% tax, and the percent of the down payment is 10%, what is the total amount of money you'll need to pay for the car? (total loan)
Answers
Based on the price of the car and the percent down payment, the total amount of money that you'll need to pay for the car is $560
What amount would you pay?The down payment on the car is:
= 3,500 x 10%
= $350
The tax on the car is:
= 3,500 x 6%
= $210
The total amount you'll need to pay for the car is:
= 350 + 210
= $560
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PLEASE HELP YOU DONT HAVE TO ASNWER ALL OF IT IF YOU CANT
1. Describe the nature and types of business.
2. What are the economic factors influencing the communication industry as a whole, and how does this impact the economic base?
3. Explain ethical conduct and describe one way you exhibit ethical conduct.
4. Describe copyright laws in relation to fair use of materials and duplication materials.
Answers
Answer:
All answer is nou XDDDDDDDDDDDDDD
Which of the following statements regarding annuities is FALSE?
A. Most car loans, mortgages, and some bonds are annuities
B. PV of an annuity= C X 1/r (1- (1/ (1+r)^N)
C. An annuity is a stream of N equal cash flows paid at regular intervals.
D. The difference between an annuity and a perpetunity is that a perpetuity ends after some fixed number of payments
Answers
Answer:
Explanation:
The statement that is FALSE regarding annuities is D. The difference between an annuity and a perpetuity is that a perpetuity ends after some fixed number of payments. This statement is incorrect as the difference between an annuity and a perpetuity is that a perpetuity has an infinite stream of equal cash flows paid at regular intervals, while an annuity has a fixed number of equal cash flows paid at regular intervals.
An annuity is a financial product that involves a series of equal cash flows paid at regular intervals, usually monthly or annually. Examples of annuities include car loans, mortgages, and some bonds. The present value of an annuity can be calculated using the formula: PV of an annuity = C x (1 - 1 / (1 + r)^N) / r, where C is the cash flow, r is the discount rate, and N is the number of periods.
In contrast, a perpetuity is a financial product that involves an infinite stream of equal cash flows paid at regular intervals. The formula to calculate the present value of a perpetuity is PV of a perpetuity = C / r, where C is the cash flow and r is the discount rate.
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The false statement regarding annuities is : The difference between an annuity and a perpetuity is that a perpetuity ends after some fixed number of payments.
An annuity is a series of equivalent cash flows that are produced or received at regular intervals over a fixed period. These payments can be made either now (annuity due) or later (ordinary annuity). The difference between an annuity and a perpetuity is that a perpetuity ends after some fixed number of payments is the false statement regarding annuities. A perpetuity is a unique form of an annuity, which implies a continuing and recurring income stream that will never end. Its payments continue indefinitely and do not have a fixed ending date as annuities do. In contrast, an annuity ends after a fixed number of payments. For instance, a life annuity stops paying after the recipient dies, while a term certain annuity stops making payments after a fixed period.
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The demand curve for money shifts to the right when:________
Answers
The demand curve for money shifts to the right when money demand decreases.
What happens to the interest rate when money demand decreases?
The quantity of money demanded at a certain interest rate is represented by the money demand curve. Because the demand curve for money slopes downward, people will opt to keep less of their wealth in the form of cash if interest rates on bonds and other alternative investments rise.
The central bank manages the money supply and does business with other organisations. This interaction is a hallmark of the money market and may be shown as a supply curve.
The supply and demand for money in a country are represented by the money market, a kind of economic model. Money, including cash and checking and savings accounts, is a need for both individuals and organisations.
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The total estimated cost of attending a public two-year college in Hasani’s home town last year was $2,265. The cost of attending the college is expected to increase 5% annually. Hasani plans to enter the college this year and attend for 2 years. Which is the best estimate for the total cost Hasani will pay for only his second year? $2,270.66 $2,275.00 $2,491.50 $2,497.16
Answers
Answer: Hi there! For this question, we will be compounding, because the cost of going of going to college goes up by 5% each year. The formula for compounding is P(1 + r)^t, where P = starting amount, r = rate, and t = time in years. First, let's add 5% (0.05) to 1. 1 + 0.05 is 1.05. We are talking about how much Hasani will have to pay in his second year. We will raise that number to the 2nd power. 1.05^2 is 1.1025. Now, we will multiply that number by2,265 to find the amount. When we multiply both numbers, we get 2,497.1625 or 2,497.16 when rounded to the nearest hundredth. There. Hasani will pay an estimated cost of $2,497.16. The answer is D.
Answer:
D
Explanation:
What are customer needs?
Answers
Answer:
A customer need is a need that motivates a customer to purchase a product or service.
I don't have moey. What is the best job to get when you're in middle school?
Answers
Answer:
You can work at publix as a cashier. They acept 14 year olds. And ur in 8th grade as 14 which is in middle school.
Explanation:
This is the best job u can get as a kid
also brainlist me pls
Explain how a consumer’s place of residence has an especially large impact on their purchase of sports and entertainment commodities.
please and thank you :)
Answers
Answer:
Concept: Business digression
Lets assume you live in Los Angeles CALA houses the Lakers, dodgers, and so many more big brand teams.A consumer which is defined as any person in a free and open market to openly trade their wealth and income in return for an item or service.Residence defined as the area that surrounded the immediate perimeter of the said consumer.Hence, by the principle of socialization people are more inclined to buy sports gear to represent their teams and inclined to participate in consumer purchases based on their peers.It becomes the "lifestyle" and "ideal" personalities in a place such as LA and this inherently drives up sales of sports and entertainment commodities.The location, or residence directly exposes the consumer to the products in a market where it "hot" and in style/demand.Rate brainlist & give positive feedback.what do limited partners in a business give up ? why ?
Answers
Answer:In return for giving up management power, limited partners get the benefit of protection from personal liability. This means that a limited partner can't be forced to pay off business debts or claims with personal assets. A limited partner, however, can lose his or her financial investment in the business.
Explanation:
Liam has purchased a fee-for-service health insurance plan from Leroux Health Insurance. Plan A includes a $248. 00 monthly premium and an annual deductible of $5,500. 00 (not including co-pays). Liam is a fairly healthy young man. He visits his primary care physician three times a year on scheduled visits. He sees a chiropractic specialist every week to help with lower back pain. He has no current prescriptions that need refilling regularly. Assuming Liam maintains his regular visits with his primary care physician and his chiropractor, and avoids any trips to the emergency room or urgent care, how much will Liam pay in health care related fees this year?.
Answers
The amount that'll be paid by Liam in healthcare-related fees this year will be $6216.
Based on the information given, the monthly payment will be:
= $248 × 12
= $2976
She went to the specialist 52 times at 60 dollars. This will be:
= 52 × 60 = $3120
3 visits to the physician at $40 will be:
= $40 × 3 = $120.
Liam's total expenses will be:
= $2976 + $3120 + $120
= $6216
In conclusion, the correct option is $6216.
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Lisa Campos was interested in buying a coffee pot to use at college and a cassette player for her sister's birthday present. At the local discount store, she compared prices on coffee pots and chose the cheapest. She read the product information on each cassette player and finally chose one with stereo headphones and a rechargeable battery. For Lisa, the coffee pot was a. a convenience product, but the cassette player was a specialty product b. a heterogeneous shopping product, but the cassette player was a staple c. an impulse product, but the cassette player was a convenience product d. a specialty product, but the cassette player was a heterogeneous shopping product e. a homogeneous shopping product, but the cassette player was a heterogeneous shopping product
Answers
Answer:
e. a homogeneous shopping product, but the cassette player was a heterogeneous shopping product.
Explanation:
Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services.
In sales and marketing, pricing of products is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.
At the local discount store, Lisa compared prices on coffee pots and chose the cheapest. She read the product information on each cassette player and finally chose one with stereo headphones and a rechargeable battery. For Lisa, the coffee pot was a homogeneous shopping product, but the cassette player was a heterogeneous shopping product.
Homogeneous shopping products can be defined as products that have similar level of quality but with differing attributes such as brand image, price or production style.
On the other hand, heterogeneous shopping products can be defined as products that have different level of quality and their price is less important to consumers.
PLEASE HELP I NEED THIS ASAP, I WILL GIVE BRAINLEST
Answers
Answer:
actuary - An actuary is a business professional who deals with the measurement and management of risk and uncertainty. The name of the corresponding field is actuarial science. So the answer would be D.
bankteller - A bank teller is an employee of a bank whose responsibilities include the handling of customer cash and negotiable instruments. So the answer would be A.
IFM - Researching various stocks or funds that may be in the news for recent product developments, earnings statements. So the answer would be C.
Auditor - An auditor is a person authorized to review and verify the accuracy of financial records and ensure that companies comply with tax laws. So the answer would be B.
Explanation:
Carl Sonntag wanted to compare what proceeds he would receive with a simple interest note versus a simple discount note. Both had the same terms: $18, 195 at 10% for 2 years. Use ordinary interest as needed. Calculate the simple interest note proceeds. Simple interest note proceeds $ Calculate the simple discount note proceeds. Simple discount note proceeds $
Answers
a. The proceeds for the simple interest note would be $21,834.
b. The proceeds for the simple discount note would be $14,556.
a. To calculate the proceeds for both the simple interest note and the simple discount note, we need to use the appropriate formulas.
Simple Interest Note Proceeds:
The formula to calculate the proceeds for a simple interest note is:
Proceeds = Principal + (Principal × Rate × Time)
Principal (P) = $18,195
Rate (R) = 10% (convert it to decimal form by dividing by 100: 10/100 = 0.10)
Time (T) = 2 years
Substituting the values into the formula:
Proceeds = $18,195 + ($18,195 × 0.10 × 2)
Proceeds = $18,195 + ($3,639)
Calculating the result:
Proceeds = $21,834
Therefore, the proceeds for the simple interest note would be $21,834.
b. Simple Discount Note Proceeds:
The formula to calculate the proceeds for a simple discount note is:
Proceeds = Principal - (Principal × Rate × Time)
Given the same values:
Principal (P) = $18,195
Rate (R) = 10% (convert it to decimal form by dividing by 100: 10/100 = 0.10)
Time (T) = 2 years
Substituting the values into the formula:
Proceeds = $18,195 - ($18,195 × 0.10 × 2)
Proceeds = $18,195 - ($3,639)
Calculating the result:
Proceeds = $14,556
Therefore, the proceeds for the simple discount note would be $14,556.
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the cost of estimated accounts receivable that will not be collected is referred to as
Answers
Answer: bad debt expense
Which statement is true about certificates of deposit?
true
OA. They are drafts issued by a bank.
OB. They are a bank's promise to pay a sum of money.
OC. They reach maturity in a few days.
OD. They are generally cashed early without penalties.
Answers
Certificates of deposit:They are a bank's promise to pay a sum of money.Option B
What are certificates of deposit?Generally, A certificate of deposit (CD) is a financial product offered by banks and credit unions that provides a fixed rate of return on funds deposited for a fixed period of time.
CDs are considered to be a low-risk investment because they are insured by the Federal Deposit Insurance Corporation (FDIC) for banks or the National Credit Union Administration (NCUA) for credit unions, up to $250,000 per depositor.
CDs typically have higher interest rates than savings accounts or money market accounts, but they also have stricter withdrawal terms.
Investors can't access their funds until the CD reaches maturity, and they may incur a penalty if they withdraw the funds before the CD matures.
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When working with Ivhich team would a pharmacy technician be working directly with physicians? Check all that
apply.
O FDA teams
healthcare teams
research teams
pharmacy management
hospital teams
Intro
Done
Answers
Pharmacy management would be working with pharmacy technicians.
Pharmacy technicians are particularly professional and important individuals of the drugstore crew and paintings under the supervision of a pharmacist. they're involved in the instruction, allotting, and supply of drugs and merchandise to sufferers.
Technicians get hold of written prescription requests from patients and perform medication reconciliation. Additionally, they may additionally get hold of prescriptions sent electronically from doctors' offices, and in some states, they're permitted to process requests via phone.
They discover, dispense, percent, and label a prescribed medication for a patient this is then reviewed for accuracy by a pharmacist before allotted to the affected person.
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yoinkers my dude, take some and pass on.
Answers
Answer:
l
Explanation:
Answer:
u serious my dude
Explanation:
Money market funds invest primarily in foreign currency.
Please select the best answer from the choices provided
True
False
Answers
Answer:
true
Explanation:
I hope I help you thank you
which product exists in a monopolistically competitive market?
Answers
Numerous businesses provide competitive products or services that are similar but not exact substitutes. A monopolistic competitive market is present.
Clothing and hair salons are two examples of sectors with monopolistic competition. When businesses provide rival goods or services that are comparable but imperfect substitutes, monopolistic competition exists.
A monopolistic competitive industry has low entry requirements, and decisions made by any one firm do not directly affect those of its rivals. The pricing and marketing choices made by the rival companies serve as their points of differentiation.
Between a monopoly and perfect competition, monopolistic competition exists, combines aspects of both, and includes businesses with comparable but distinct product offerings.
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Answer:
clothing
Explanation:
I learn today that monopolistically competitive is something with varity like cloths there are plenty of options
52. The greatest advantage of using a credit card is that it provides
A. An easy way to establish a personal credit history.
B. An easy way to avoid going into debt.
C. A less expensive way to pay for college.
D. A safe way to improve one's credit score.
Answers
The greatest advantage of using a credit card is that it provides a safe way to improve one's credit score. Option D
What is a credit card score?A credit score is a three-digit figure that lenders use to determine how hazardous lending money to someone is. A good credit score indicates that a person is a low-risk borrower, which may result in cheaper loan interest rates in the future.
A poor credit score indicates a high-risk borrower, which may result in higher interest rates and less favorable loan terms.
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Cash received prior to delivering a product or performing a service is called a(n) a.unearned asset. b.unearned revenue. c.unearned expense. d.unearned contra-asset.
Answers
The correct answer is b. unearned revenue.
Unearned revenue, also known as deferred revenue or advance payments, refers to the cash a company receives from its customers for goods or services that it has not yet delivered or performed. Unearned revenue is considered a liability on the company's balance sheet until the work is completed or the product is delivered, at which point it becomes revenue that can be recognized on the income statement.
Unearned revenue is commonly found in industries such as software and subscription-based services, where customers pay upfront for future access to products or services. It's essential for companies to properly account for unearned revenue to avoid overstating their revenue and profits in a given period.
When a company receives unearned revenue, it records it as a liability on its balance sheet and recognizes it as revenue on the income statement when the associated goods or services are provided. The amount of unearned revenue decreases over time as the company fulfills its obligations to its customers.
In summary, unearned revenue represents cash received by a company before it delivers a product or service to its customers, making it a liability on the company's balance sheet until the related revenue is recognized on the income statement.
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What is location analysis
Answers
Answer:
Location analysis is a technique for discovering, assessing and specifying the optimal placement of an organization's people, information, activities, and materials.Location models are key in performing location analysis by providing a well-documented common vision of current and desired location arrangements.
What are the five Ws of a good press release?
Major Questions the release should answer
Types of Audiences for the release
Categories of the Media the release should cover
Five paragraph structure of the release
Answers
The main five Ws of a good press release which most journalists know that the basic format of a press release includes:
Whowhenwhatwherewhy information Why is five Ws of a good press release important?Investigative journalists, detectives, and researchers use the 5Ws and 1H technique as a straightforward technique to gather a comprehensive and accurate story. This method's premise is that if you can figure out the responses to these six questions, you should have a complete account of what happened. What, Why, When, Where, Who, and How are the six questions listed above.
The 5Ws and 1H framework is a remarkably straightforward but seriously powerful approach to data collection. The list is simple to remember and can be used as a guide for journalists and other researchers whenever they are frantically gathering data.
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Explanation:
The main five Ws of a good press release which most journalists know that the basic format of a press release includes:
Who
when
what
where
why information
Why is five Ws of a good press release important?
Investigative journalists, detectives, and researchers use the 5Ws and 1H technique as a straightforward technique to gather a comprehensive and accurate story. This method's premise is that if you can figure out the responses to these six questions, you should have a complete account of what happened. What, Why, When, Where, Who, and How are the six questions listed above.
The 5Ws and 1H framework is a remarkably straightforward but seriously powerful approach to data collection. The list is simple to remember and can be used as a guide for journalists and other researchers whenever they are frantically gathering data.
Match the steps that marketing management performs to the scenarios that describe the steps
Answers
The steps that marketing management performs to the scenarios that describe the steps include the "Discovery Step --- Marketing management team are performing detailed research for the best target market for their products or services."
The other steps that marketing management performs to the scenarios that describe the steps include the following:
Strategy step -- the marketing management team determines the proper marketing channels for their product or services. Then, they formulate the messaging and finally plan the timing.Implementation step -- the marketing management team decides when and where to execute their targeted, cost-effective marketing campaigns and put them into action.Measurement step -- the marketing management team assesses the marketing campaign results to know the right methods or techniques before continuing with the marketing campaign.Hence, in this case, it is concluded that the Marketing management team plays a vital role in the product life cycle.
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