The magazine industry continues to shun the internet because of its threat to printed journals.
A. True
B. False.
Answers
B. False. The magazine industry recognizes the importance of the internet and its potential to enhance their reach and engagement with readers.
The statement is false. The magazine industry has not shunned the internet due to its threat to printed journals. In fact, the magazine industry has actively embraced the internet and digital platforms to reach a wider audience and adapt to changing consumer preferences. Many magazines now have online versions or digital editions, and they also utilize social media and online platforms for content distribution and engagement.
The magazine industry recognizes the importance of the internet and its potential to enhance their reach and engagement with readers. Rather than shunning the internet, they have embraced it as a valuable tool for growth and adaptation in the digital age.
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Related Questions
20 POINTS AND WILL GIVE BRAINLY
PLS ANSWER
Answers
operating expenses $ 24000 sales returns and allowances 7000 sales discounts 5000 sales revenue 180000 cost of goods sold 88000 Gross profit would be a. $80000. b. $87000. c. $85000. d. $92000.
Answers
The gross profit, given operating expenses, sales returns and allowances, sales discounts, sales revenue, and cost of goods sold, is $80,000. Option a is correct.
To calculate the gross profit, we need to follow these steps:
1. Calculate the net sales revenue by subtracting sales returns and allowances, and sales discounts from sales revenue.
Net sales revenue = Sales revenue - Sales returns and allowances - Sales discounts
Net sales revenue = 180,000 - 7,000 - 5,000
Net sales revenue = 168,000
2. Calculate the gross profit by subtracting the cost of goods sold from the net sales revenue.
Gross profit = Net sales revenue - Cost of goods sold
Gross profit = 168,000 - 88,000
Gross profit = 80,000
So, the gross profit would be $80,000. Option a is correct.
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true or false Resource owners must feel that their incomes are large enough so that they will continue to supply resources
Answers
Answer:
True.
Explanation:
What is a sales quote?
Answers
Answer:
Explanation:
A sales quote allows a prospective buyer to see the costs that will be involved for desired work.
______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answers
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
question 3 award documentation is typically required to be prepared and submitted within how long after the end of a project period:
Answers
Award documentation is typically required to be prepared and submitted within how long after the end of a project period is 90 days.
The time period for which the programmatic work happens. A project duration may comprise more than one financial period. The Utah Legislature implements rules to boom access to free, safe, and desirable quality menstrual products in Utah's public and constitutional colleges. Menstrual products have to be positioned in faculty bathrooms to make sure accessibility and privacy.
Nadya Okamoto is also the founding father of duration (length.org), a company fighting to give up period poverty and stigma that she founded at the age of 16. The Pad task's task is to create and domesticate local and global partnerships to stop period stigma and to empower women and all menstruators internationally.
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8
Select the correct answer.
Which area of engineering focuses on the design, construction, and maintenance of energy facilities?
ОА. .
chemical engineering
OB.
civil engineering
OC.
mechanical engineering
OD.
environmental engineering
Reset
Next
Answers
Answer:
civil engineer is the answer
Your class makes a proposal to sell hot dogs, hamburgers, and other refreshments at sporting events. The local School Board agrees. A representative from the School Board Office arrives and provides the class with a list of foods to purchase for the refreshment stand, as well as the amount of food to purchase and the prices that your class must charge. Your class must also agree to buy all of
the food and supplies from a company that has other contracts with the school.
What type of economic system does this scenario suggest, and why?
Answers
Answer:
I help u after my online class:))))
Explanation:
I help u after my online class wait my answer
if the united states exports more goods/services than it imports, then the united states would have a(n)
Answers
If the United States exports more goods/services than it imports, then the U.S. would have a(n) increased global impact.
What is increased global impact?Each region of the world is impacted by climate change in a unique way. Each region of the world will have to deal with a unique mix of effects brought on by climate change because of the Earth's biodiversity, shifting weather patterns, and geographic diversity. This could indicate a rise in the ferocity and frequency of severe weather phenomena like hurricanes and tornadoes, as well as protracted droughts and flooding. Unfortunately, food insecurity and a lack of clean water will continue to be challenges in those places.
Environmental refugees will become a brand-new issue as a result of climate change. With almost 24 million people already relocated, experts believe that there could soon be 50 million environmental refugees. Flooding, hurricanes, droughts, food scarcity, and social unrest have forced many migrants from their homes.
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which of the following is most likely true of a product in the maturity stage of the product life cycle? sales are zero, and the company's investment costs mount. new competitors enter the market. a slowdown occurs in sales growth. sales increase with decreasing competition. new distribution channels are acquired.
Answers
A "slowdown occurs in sales growth" is most likely true of a product in the maturity stage of the product life cycle. The correct option is D.
In the maturity stage, the product has already been on the market for some time, and sales growth begins to slow down. The market becomes saturated, and competitors are well-established. The company's investment costs are usually lower during this stage since the product has already been developed and marketed, and the focus shifts to maintaining market share and optimizing profits.
New competitors may enter the market, but they face significant barriers to entry due to the established players' dominance. Companies in the maturity stage may seek new distribution channels.
The reason of a slowdown in sales growth is the most likely characteristic of a product in the maturity stage of the product life cycle due to reach new markets or acquire complementary products to expand their product lines, but this is not a defining characteristic of the maturity stage.
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When comparing general partnerships to sole proprietorships, an advantage of partnerships is that they?
Answers
When comparing general partnerships to sole proprietorships, an advantage of partnerships is that they option(d)i.e, Give the firm a stronger financial foundation.
A general partnership, which is the fundamental type of partnership under common law, is, in the majority of nations, a grouping of people or an unincorporated business having the main characteristics listed below: Estoppel, proof of existence, and agreement are all necessary for creation.
A sole proprietorship is a type of business that is owned and operated by one person and in which there is no legal separation between the owner and the business entity. It is also referred to as a lone tradership, individual entrepreneurship, or proprietorship. A sole proprietor may hire staff members and does not always work alone.
In a sole proprietorship, the business's owner is personally liable for all debts and obligations. In a partnership, two or more individuals pool their resources for the company and split earnings and losses.
The complete question is:
When comparing general partnerships to sole proprietorships, an advantage of partnerships is that they:
a) Are less risky because each partner is responsible for only a specified fraction of the firm's debts.
b) Are easier to terminate.To know more about refer to:
c) Cost less to organize.
d) Give the firm a stronger financial foundation.
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assuming a 2% commission, calculate the total cost of buying 400 shares of cvs at $102.90. (round your answer to the nearest cent.)
Answers
Assuming a 2% commission, the total cost of buying 400 shares of CVS at $102.90 is $41,983.20. In this example, the commission of 2% adds $838.66 to the total cost, increasing the overall cost of the investment by almost 2%.
To calculate the total cost of buying 400 shares of CVS at $102.90, we need to first calculate the cost of the shares and then add the commission.
The cost of 400 shares of CVS at $102.90 per share is:
400 x $102.90 = $41,160
To calculate the commission, we need to multiply the total cost by the commission rate of 2%:
$41,160 x 0.02 = $823.20
Therefore, the total cost of buying 400 shares of CVS at $102.90 with a 2% commission is: $41,160 + $823.20 = $41,983.20
Rounding the answer to the nearest cent, the total cost is $41,983.20. It's essential to include the commission when calculating the total cost of buying shares as it can add a significant amount to the cost of the investment.
In this example, the commission of 2% adds over $800 to the total cost, increasing the overall cost of the investment by almost 2%.
In summary, to calculate the total cost of buying shares, we need to add the cost of the shares and the commission. In this example, buying 400 shares of CVS at $102.90 with a 2% commission results in a total cost of $41,983.20.
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For Standing Bear Company, sales revenue is $200,000, sales returns and allowances are $5,000, sales discounts are $3,000, and cost of goods sold is $120,000. Net sales is:_________
a) $192,000.
b) $195,000.
c) $ 72,000.
d) $197,000.
Answers
The net sales of the given set of data is:
$72,000What is Net Sales?This refers to the addition of a company's gross sales minus the expenses which includes returns, allowances, etc.
The Gross Sales:
Sales revenue: $200,000
Cost of goods sold: $120,000
Total = $200,000 - $120,000
=$80,000
Expenses:
Sales allowances and discounts: $5,000
Sales discounts: $3,000
Total= $5,000 + $3,000
= $8,000
Therefore, net sales = Gross Sales – Returns – Allowances – Discounts
$80,000- $8,000
=$72,000
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At any given hotel, one of the largest departments is housekeeping.
True
False
Answers
Answer:
True
Explanation:
The amount of money received through wages, rents, investments, pensions, and subsidies is called
a.wealth.
b.discretionary income.
c.prosperity.
d.credit.
e.income.
Answers
Option e: Income is the total sum of money received in the form of wages, rents, investments, pensions, and subsidies.
Income, usually expressed in monetary terms, is the spending and savings opportunities acquired by a business over a period of time. Conceptually, income is difficult to define and may be defined differently in different areas. For example, a person's income may differ from income in the legal and economic sense.
Haig Simmons' income, which defines income as consumption + change in net worth, is widely used in economics and is a very important definition of income.
Income, as defined by tax law, is the aggregate sum of all wages, salaries, income, interest, rent, or other forms of income received by a family or individual in the United States in a calendar year. Gross income less taxes and other deductions (such as required pension payments) is a common definition of discretionary income and is often used as a measure of a taxpayer's benefits.
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Which best describes a central bank’s primary goals?
Limiting inflation and reducing unemployment.
Reducing unemployment and maintaining cash flow.
Controlling stagflation and reducing unemployment.
Managing credit and ensuring the money supplies liquidity.
Answers
Answer: A-limiting inflation and reducing unemployment
Explanation: edeg2020
The primary goal of the central bank of a country is to:
Limiting inflation and reducing unemployment.What is the central bank?The central bank is the highest bank of the country. This is the bank that is in charge of all other banks in the nation.
The bank is responsible for the control of the country's currency. They are also responsible for the supply of liquidity.
But their main function in the economy is to Limit inflation and reduce unemployment.
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the essence of business is
Answers
Answer: To satisfy Customer demand
Explanation:
Businesses are created in order to satisfy the demand of customers and make a profit whilst doing so. It involves finding out what the customer wants and then finding a way to satisfy that want.
It is also important to go beyond what the customers want to what they might want as well. This is what gives businesses the edge because in satisfying needs that the customer did not even know they wanted, the business can retain that customer and even gain others as well.
Due Today!!!
Direct and indirect distribution basically refers to the same thing.
True
False
Answers
Suzie pays her insurance company every month for coverage for her car. This payment is called the ___. deductible premium contribution liability
Answers
Answer:
premium
Explanation:
Premium is the term given to the regular and periodic payments that the insured makes to the insurance companies. Premiums are the payments for the insurance coverage.
Insurance coverage is a contract between the insurance company and the customer. As per the contract agreement, the company provides insurance coverage, and the customer pays premiums. In other words, Premium is the consideration for the insurance coverage.
Which of the follow is NOT a good place to gather and evaluate investment options?
a Social Media
b Newspapers and magazines
c Brokers and advisers
d Company financial reports
Answers
In 18th century, what was the main reason of slow down of Indian Foreign Trade
Answers
Answer:
Introduction to India’s Foreign Trade:
Even being a typical poor underdeveloped country, India’s foreign trade was in a prosperous state during the period under review. In terms of volume of trade and the range of commodities entering into trading list, India was better placed compared to other contemporary underdeveloped countries. But that must not be viewed as an indicator of prosperity. Above all, her pattern of trade was definitely different from those of other underdeveloped countries.
India’s composition of trade (i.e., pattern of imports and exports) before 1813 included manufactured goods as well as primary articles in export list and metals and luxury products in the import list. But such pattern of trade was supplanted by the import of manufactured goods and exports of agricultural raw materials and food grains during much of the nineteenth and twentieth century. This must not be the sign of prosperity or cause for jubilation.
Explanation:
Rather, this situation generated much heat and controversy because, instead of being an engine of growth, foreign trade, as engineered by the British Government, exacerbated economic exploitation. It hampered the process of industrialization. It brought untold misery to the masses. Most importantly, of course partly the backwardness of Indian industry and agriculture is ‘the effect of its external trade which moulded into shape the productive mechanism of the country.’
To understand the nature of the controversy it will be fruitful to tell something about the history of India’s foreign trade during 1757 and 1947. The growth of foreign trade during the two centuries can be divided into following unequal periods: 1757 to 1813, 1814 to 1857, 1858 to 1914, and from 1915 to 1947.
The first period—the early years of the British East India Company (EIC)—is known as the ‘age of mercantilism’. During the period under consideration trade statistics is not available. However, some sort of institutional changes in trade took place during this period.
In the mid-18th century, Indian foreign trade was mainly conducted by the English, Dutch, French, and Portuguese traders and merchants. But the revolution of 1757 strengthened the supremacy of the British EIC. In the process, the EIC monopolized trade and ousted the other merchants and traders.
You have been placed in charge of a large project. Shortened communication lines are required to ensure quick resolution of problems as they arise. You recognize that the project is going to take a lot of time and require a lot of team pride, motivation, and commitment by all members. Which project management structure should you use in this situation?
A. Pure Project
B. Task force
C. Matrix Project
D. Functional Project
E. PERT
Answers
Option A is true. Pure Project is the technique in the project management structure that will be used in this situation.
Pure Project organization is a different type of utilitarian unit wherein every one of the individuals from the project workforce are straightforwardly capable to project chief. The task association become an independent unit with its own specialized staffs, organization, assets, attached to parent association just through intermittent advancement report. Some parent association might endorse regulatory, monetary, representatives and control system exhaustively as a rules and rules. Others permit the task practically all out opportunity inside constraints of conclusive responsibility. It implies project director is given full line power to deal with the task exercises for the accomplishment of characterized targets. There is no any obstruction by the parent association during the venture execution period. There is the solidarity of order.
Since the task is isolated from the utilitarian division, the lines of correspondence are abbreviated. The project administrator straightforwardly speaks with senior administration. There is no need of the authorization of useful chief prior to pursuing innovative and different choices. It lessens the progressive system and works with fast choice. Anyway the unadulterated venture association is valuable for large undertakings and uber projects.
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J. Jackson invested $1,000 in his business in exchange for common stock. Show how to use T-accounts to record this transaction by selecting the correct answer below. Multiple choice question. Debit Investments; credit Cash. Debit Cash; credit Revenue. Credit Cash; debit Common stock Debit Cash; credit Common stock
Answers
Based on the information given the transaction will be recorded T-accounts as: Debit Cash; credit Common stock.
T-accounts:
Since $1,000 was invested in the business in exchange for common stock which means that we are going to debit cash with the amount of $1,000 and credit common stock with the amount of $1,000.
Hence, the T-account will show:
Debit Cash $1,000
Credit Common stock $1,000
Inconclusion the transaction will be recorded T-accounts as: Debit Cash; credit Common stock.
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The principle of learning that is being emphasized by performing the same task over and over is:
Select one:
a. whole learning.
b. meaningfulness of presentation.
c. practice and repetition.
d. transfer of training.
Answers
Option C - Practice and repetition is the principle of learning that is being emphasized by performing the same task over and over.
Practice and repetition are key principles of learning, particularly for developing new skills or mastering complex tasks. By repeating a task or action over and over, learners are able to strengthen the neural pathways associated with that activity, making it easier and more automatic over time. This can help to improve accuracy, speed, and overall performance. Practice and repetition are often used in skill-based training programs, such as those for sports, music, or language learning, where learners must acquire a high degree of proficiency and accuracy to be successful. While other principles of learning, such as whole learning or meaningfulness of presentation, may also be important in certain contexts, practice and repetition are often a key foundation for successful learning outcomes.
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Suppose that a study conducted by the Pew Research Center found the following: • 38% of adults do not exercise regularly. • 63% of the population is older than 44 years of age. • 75% of the adult population is either aged 18-44 or exercises regularly. Find the probability that... (Enter your answers as numbers between 0 and 1 (not percentages), and round them to two decimal places, if necessary.) 1a. a randomly selected adult exercises regularly. 1b. a randomly selected adult is aged 18-44. 1c. a randomly selected adult is 18-44 and exercises regularly. 1d. a randomly selected 18-44 adult exercises regularly.
Answers
1a. Probability that a randomly selected adult exercises regularly is 0.62
1b. Probability that a randomly selected adult is aged 18-44 is 0.37
1c.Probability that a randomly selected adult is 18-44 and exercises regularly is 0.09
1d. Probability that a randomly selected 18-44 adult exercises regularly is 0.66
1a. Probability that a randomly selected adult exercises regularly is:
P(exercises regularly) = 1 - P(does not exercise regularly) = 1 - 0.38 = 0.62
Answer: 0.62
1b. Probability that a randomly selected adult is aged 18-44 is:
P(aged 18-44) = 1 - P(older than 44) = 1 - 0.63 = 0.37
Answer: 0.37
1c. Probability that a randomly selected adult is 18-44 and exercises regularly is:
P(aged 18-44 and exercises regularly) = P(aged 18-44) * P(exercises regularly | aged 18-44)
We are not given P(exercises regularly | aged 18-44) directly, but we can calculate it using the information provided:
P(exercises regularly | aged 18-44) = (P(aged 18-44 and exercises regularly) / P(aged 18-44))
P(aged 18-44 and exercises regularly) = P(exercises regularly) - P(older than 44) + P(aged 18-44 and does not exercise regularly)
P(aged 18-44 and does not exercise regularly) = P(aged 18-44) - P(aged 18-44 and exercises regularly)
Substituting the given values:
P(aged 18-44 and exercises regularly) = 0.75 - 0.63 + (0.37 - P(aged 18-44 and exercises regularly))
Simplifying:
2P(aged 18-44 and exercises regularly) = 0.49
P(aged 18-44 and exercises regularly) = 0.245
Now we can calculate P(aged 18-44 and exercises regularly):
P(aged 18-44 and exercises regularly) = P(aged 18-44) * P(exercises regularly | aged 18-44) = 0.37 * 0.245 = 0.09065 ≈ 0.09
Answer: 0.09
1d. Probability that a randomly selected 18-44 adult exercises regularly is:
P(exercises regularly | aged 18-44) = (P(aged 18-44 and exercises regularly) / P(aged 18-44)) = 0.245 / 0.37 ≈ 0.6622 ≈ 0.66
Answer: 0.66
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A sample of n = 16 Honda Civic automobiles with the same engines and transmissions yielded the following sample statistics when fuel mileage tests were conducted on a test track:
X= 28.4 mpg
s = 2.0 mpg
(a) Calculate a 95% confidence interval for the average mileage for all Honda Civics with this particular engine and transmission. (28.4 mpg +1/- 1.0655 mpg)
(b) If we want to reduce the margin of error for the above confidence interval to be about 0.5 mpg, approximately how many Honda Civics would we need to test? Show the calculations.
Answers
We have a 95% confidence level that the actual average fuel economy of all Honda Civics equipped with this engine and transmission falls between 27.3345 and 29.4655 mpg.
CI equals X t/2 * (s/n)
When the data are plugged in, we obtain the following: CI = 28.4 2.131 * (2.0/16) = (28.4 - 1.0655, 28.4 + 1.0655) = (27.3345, 29.4655)
As a result, we have a 95% confidence level that the actual average mileage of all Honda Civics equipped with this engine and transmission falls between 27.3345 and 29.4655 mpg.
(b) We need to increase the sample size in order to lower the margin of error to 0.5 mpg. You may write the margin of error (E) as follows:
E = tα/2 * (s/√n)
We may solve for n as follows: n = (t/2 * s / E)
²
When the values are plugged in, we obtain: n = (2.131 * 2.0 / 0.5).
² = 36.26
Consequently, to lower the margin of error to around 0.5 mpg, we need to test about 37 Honda Civics.
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a 5-member commodity cartel faces the demand curve: p = 60 – 0.4q. each member can produce output at (constant) lac = lmc = $20 per unit. how much profit does each member make?
Answers
To determine the profit of each member of the cartel, we need to first calculate the total output of the cartel, which is the sum of the output of each member. Since there are 5 members and each member has a constant marginal cost of $20, the total output of the cartel is:
Q = 5 x Qm
where Qm is the output of each member.
To find the equilibrium output and price of the cartel, we need to set the cartel's total output equal to the demand curve:
Q = 5 x Qm = 60 - 0.4Q
Solving for Q, we get:
Q = 75
Substituting Q back into the demand curve, we get:
P = 60 - 0.4(75) = 30
Therefore, the equilibrium output is 75 units and the equilibrium price is $30 per unit.
Each member's profit is equal to its revenue minus its total cost. The revenue of each member is:
R = P x Qm = $30 x Qm
The total cost of each member is:
TC = AC x Qm = $20 x Qm
Therefore, the profit of each member is:
π = R - TC = ($30 x Qm) - ($20 x Qm) = $10 x Qm
Substituting Qm = Q/5 = 75/5 = 15, we get:
π = $10 x 15 = $150
So, each member of the cartel makes a profit of $150.
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Quail Company builds snowboards. Quail Company has reported the following costs for the previous year. Assume no production inventories.
Cost of fiberglass (raw material) $ 85,000
Factory rent $ 59,000
Advertising $ 134,000
Utilities for factory $ 12,000
Wages of assembly workers $ 91,000
Production supervisor salary $ 44,000
Sales manager salary $ 42,000
Factory property taxes $ 15,000
Depreciation on production equipment $ 30,000
Cost of bindings (raw material) $ 34,000
Screws $ 1,200
Wages of snowboard painters $ 78,000
Wages for maintenance workers $ 37,000
a. Compute the direct material costs.
b. Compute the direct labor cost.
c. Compute the manufacturing overhead.
d. Compute the total manufacturing cost.
e. Compute the prime cost.
f. Compute the conversion cost.
g. Compute the total period cost.
Answers
a. Compute the direct material costs
Explanation:
a. Compute the direct material costs
identifying an example of the factor of production labour used in producing the Nano
Answers
Answer:
The Four Factors of Production
Land Labor Capital
The physical space and the natural resources in it (examples: water, timber, oil) The people able to transform resources into goods or services available for purchase A company's physical equipment and the money it uses to buy
1. Develop a marketing plan for the business you described in Final Assignment A by replacing the information in each of the categories below with the information for your own company. You can review the material from this course, from the Part I Review, and from your assignments as needed.
Market Research (5.0 points)
Your marketing plan should include research into the overall market, definitions of market segments, and a description of the specific target market you are aiming for.
In addition, your research should describe industry trends, economic changes, and other factors that could affect your market.
Instruction: Write 1-2 short paragraphs about the target market segments for your company and why you think this company and product will be successful. Are there economic, social, or other trends that make this a good opportunity now?
Product Description (2.0 points)
This section of the marketing plan describes the features of the product and its benefits for people in your target market.
This is where you discuss the needs, desires, and fears of your target market and consider how you can use emotions to make your product's benefits most attractive.
Instruction: Write 1-2 short paragraphs about your product's features and benefits.
Competition Analysis (3.0 points)
In this section, you describe and analyze your company's competition.
This includes direct competitors who offer very similar products, as well as indirect competitors who satisfy the same need or desire in a different way.
This is also where you describe the competitive advantages your product has when compared to these competitors.
Instruction: Describe at least two other companies that are direct or indirect competitors to your company. Explain how you will differentiate yourself from them.
Brand Image Goals (2.0 points)
This section describes your company's current brand image, as perceived by your customers and potential customers.
This is where you describe your goals for your brand image. Make a list of the main qualities you want people to associate with your brand.
Describe the market positioning you want to achieve. How do you want your product to be positioned in people's minds, particularly in comparison to your competitors?
Instruction: Describe your brand image goals in 1-2 short paragraphs. Include at least two qualities that you want people to associate with your brand.�
Financial Goals (2.0 points)
Set measurable marketing goals over a specific period of time, such as an increased number of customers, sales, or income.
Instruction: Decide how much monthly revenue you want the company to make from sales of the product six months from now, one year from now, and five years from now.
Other Marketing Goals (2.0 points)
You may have other marketing goals that you wish to measure.
Instruction: Describe at least one other marketing goal you would like to achieve. 1-3 sentences.
Marketing Message (4.0 points)
Describe the message you plan to communicate to your target market.
This should be a focused message that explains the benefits of the product in a way that appeals to people's needs, desires, or fears.
Instruction: Write 2-3 short paragraphs about the marketing message you will use and why you chose this message. Why does it appeal to your target market?
Pricing (4.0 points)
Discuss your strategy for determining the price of your product.
Explain how your pricing strategy will support your overall brand image, marketing message, and financial goals.
Instruction: Decide what the price for your product will be, and describe at least two factors you considered in determining that price.
Promotional Strategies (4.0 points)
Promotional strategies are the ways you will communicate and support your marketing message.
This includes things like advertising methods, public relations efforts, publicity, and other communications.
Describe in detail each method you will use, such as types of ads and their content, or public relations tools like newsletters, networking, and improving your Web site.
Set timelines for when you will put each promotional strategy into action.
This section of your marketing plan should also describe which things your company will do for itself and which things you will hire other people or companies to do for you.
Instruction: Write 2-3 short paragraphs describing at least two promotional strategies you will use.
Budget (2.0 points)
In this section, you define your overall marketing budget for a specific length of time.
Then break down the budget to show where the money will be spent.
Explain how you decided on these numbers for the budget, and why you think it will be worth spending this amount.
Instruction: Decide what the total marketing budget will be, and make a list of at least four things you will spend money on and how much you think they will cost.
Will Give Brainliest to first response
Answers
Answer:
Final Assignment B
Market Research-
What will make my market research a more successful plan is the research I've found and done for it. Demographic, Psychographic Geographic, and Behavioral are the three key segments in my market plan. This will aid in the differentiation of gender, age, and lifestyle in my market plan. The Demographic market segment of my market plan is what I'm mostly targeting.
Demographic segmentation separates the market into smaller groups based on criteria like age, gender, and income. Instead of reaching out to the entire market, I'll use this strategy to concentrate resources on a certain segment of my market.
Product Description-
When people learn about my low prices on the thing I'm offering, they'll be hooked. Everyone deserves luxuries, not some rubbish that turns your neck green after a few rinses, with the most magnificent jewelry and clothing.
People will require this since everyone has an important meeting or a special family gathering, and no one has the same level of luxury as a really wealthy individual. The things aren't visibly made of the same material as Gucci or other more costly locations, but that's part of what makes them so appealing: you get what a millionaire has for a fraction of the cost. People will be ecstatic because they can now buy something they couldn't before, allowing them to make their looks look drastically different and giving them the confidence to go out when others don't.
Competition Analysis-
Shien, a large clothing company, sells shirts for as little as $12, and every product they sell is quite low. The difference between their company and mine is that mine will sell things at that price, but they will appear to cost more, and everything will be made creatively and not sell fakes.
All of the materials used in the apparel will have a luxurious feel to them and will not appear to be cheap. Every piece of clothing sold will be available in every size, allowing everyone to experience good apparel rather than having to choose between different sizes, causing people to miss out on something truly unique and to their taste.
Brand Image Goals-
I want my customers to think of my business as a destination. They don't have much money or are saving for something special, but they have been asked to something once in a lifetime, which is where my company comes in. They won't go to any other store since it's so amazing.
The atmosphere in the store will be so pleasant and inviting that customers will wan
Answer:
what about the budget?
Explanation: