Step 1-Place the last five steps of the marketing process in the correct order. Please note that once you complete this
part of the question, you will be unable to adjust your answers.

Step 1-Place The Last Five Steps Of The Marketing Process In The Correct Order. Please Note That Once

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Answer 1

It is to be noted that the last five steps of the marketing process in the correct order are given as

1. Product testing.

2. Name, package, and price.

3. Distribution.

4. Promotional program

5. Relationships.

What is the marketing process?

It is to be noted that the Marketing process comprises the following steps :

1. Finding opportunities

2. Conducting research

3. Identifying a target market

4. Designing a product

5. Product testing

6. Determining a brand name

7. Designing a package

8. Setting a price

9. Selecting a distribution system

10. Designing a promotional campaign.

11. Building relationships with customers.

A marketing process is a set of activities that enables businesses to discover consumer issues, assess market prospects, and generate marketing materials to reach the target audience.

Businesses use marketing procedures to stay competitive in the market. Creating this guideline necessitates a business to analyze and comprehend its consumers' requirements and desires.

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Related Questions

assume the following information for the milling department: milling department units beginning work in process inventory 300 units started into production during the period 6,000 units completed during the period and transferred to the next department 5,770 ending work in process inventory ? using the weighted-average method, how many units were in ending work in process inventory?

Answers

In the weighted average let the weight of each unit be 1 so in beginning 300 + 6000 = 6300 units were under process in ending 5770 were transferred, so 6300 - 5770 = 530 units were in work in process inventory at the end.

A technique known as a weighted average accounts for the varied levels of significance of the values in a data collection. Each number in the data set is multiplied by a predefined weight before the final computation is completed when calculating a weighted average.

The accuracy of the data can be enhanced by a weighted average. Investors in stocks use a weighted average to keep track of the cost basis of the shares they have acquired over time. The method is used to calculate inventory at the beginning and at the end.

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all else equal, if a price floor is imposed on a market that has reached a competitive equilibrium price, what will happen to consumer and producer surplus?

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The consumer surplus is the difference ratio of the amount a customer or a consumer was willing to pay for a commodity or a service and what he ended up paying for it.

The producer surplus is the difference between the market price and the least price a manufacturer or a producer is willing to accept from a consumer.

The proportion producers gain from selling at a market price higher than the lowest price they would be prepared to deal at is known as the producer surplus. An effective price floor will increase the cost of a good, reducing the rest of consumers.

If the higher price (higher than the equilibrium price) offsets the lesser quantity sold, producers benefit more from the bound price floor. A binding price floor usually makes consumers worse off since they must pay more for a less amount.

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if an excise tax is imposed on a supplier, the tax incidence will fall more heavily on consumers if group of answer choices demand and supply are both unit elastic. the price elasticity of supply is more elastic than supply. the price elasticity of supply is more inelastic than demand. the price elasticity of supply is perfectly elastic. the price elasticity of demand is more inelastic than supply.

Answers

If the excise tax is imposed on a supplier, the tax incidence will fall more heavily on consumers if the price elasticity of demand is more inelastic than supply.

What is an Excise Tax?

It refers to the legislated tax on specific goods or services at purchase such as fuel, tobacco, alcohol etc. These taxes are more like an intranational taxes imposed within a government infrastructure rather than international taxes imposed across country borders.

Concerning the excise tax paid by consumers, when the demand curve is relatively steep, the demand is price inelastic. But if the supply curve is relatively flat, the supply is price elastic. Therefore, in a situation when demand happens to be price inelastic and supply is price elastic, the majority of the tax burden falls upon the consumer.

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what is a global network of organizations and activities that supply a firm with goods and​ services? part 2 a. supply tree b. supply chain c. vendor tree d. vendor network e. provider network

Answers

A supply chain is the global network of organizations and activities that supply a firm with goods and​ services.

What is a supply chain?

In management, a supply chain refers to the network of individuals and companies who are involved in creating a product and as well as delivering it to the consumer. The links on the supply chain begin with the producers of the raw materials and end when the van delivers the finished product to the end user.

Furthermore, some of the components of a supply chain include producers, vendors, warehouses, transportation companies, distribution centers and retailers. In conclusion, the functions performed by a supply chain include product development, marketing, operations, distribution, finance, customer service etc.

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taylor company has current sales of 1,000 units, at a selling price of $190 per unit, variable costs per unit of $76, and fixed expenses of $96,000. the company believes sales will increase by 300 units, if the company introduces sales commissions as an incentive for the sales staff. the change will decrease the selling price to $175 per unit, increase variable cost per unit to $100, and decrease fixed expenses by $20,000. what is the net operating income after the changes?

Answers

the taylor company $14,200 increase is the change in net operating income after the changes. the correct option is (c).

Contribution margin per unit = ($190,000 $76,000) divided by 1,000 units equals $114 per unit.Total CM increase ($114 per unit * 300 units) - fixed costs = NOI change (114*300) -20,000=$14,200.Net Operating Income, or NOI for short, is a formula used by real estate professionals to quickly calculate the profitability of a specific investment. After deducting necessary operating expenses, NOI helps determine the revenue and profitability of an invested real estate property.

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The question was incomplete. Check below the complete question.

Taylor Company has current sales of 1,000 units, at a selling price of $190 per unit, variable costs per unit of $76 and fixed expenses of $96,000. The company believes sales will increase by 300 units, if the company introduces sales commissions as an incentive for the sales staff. The change will decrease the selling price to $175 per unit, increase variable cost per unit to $100 and decrease fixed expenses by $20,000. What is the net operating income after the changes?

a. Increase of 21500

b. Decrease 30000

c. Increase $14,200

d. Decrease 22000

The rlx co. Just paid a dividend of $3. 20 per share on its stock. The dividends are expected to grow at a constant rate of 4 percent per year indefinitely. If investors require a return of 10. 5 percent on the company’s stock, what is the current price? what will the price be in 3 years? in 15 years?.

Answers

If the company just paid a dividend of $3.20 per share on its stock and the investors require a return of 10.5% on stock, then the current price is equal to $51.2. The price in 3 years will be $57.54 and the price in 15 years will be $92.15.

If the investors require a return of 10. 5 percent on the company’s stock, then the current price can be calculated as follows;

Current price =  Dividend / (return % - change %)

Dividend = 3.20 (1 + 0.04) = 3.328

Current price = 3.328 / (0.105 - 0.04)

Current price = 3.328 / 0.065

Current price = $51.2

The price in 3 years can be calculated as follows;

3.328 (1 + 0.04)^3 = 3.74

Price in 3 years = 3.74 / (0.105 - 0.04)

Price in 3 years = 3.74 / 0.065

Price in 3 years = $57.54

Similarly, the price in 15 years can be calculated as follows;

3.328 (1 + 0.04)^15 = 5.99

Price in 15 years = 5.99 / (0.105 - 0.04)

Price in 15 years = 5.99 / 0.065

Price in 15 years = $92.15

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What is 2+2-5x(87x-32)=

Answers

Answer:

-435x^2+160x+4

Explanation:

put the 2 as a square root

-435×^2+160×+4
hope it help!

ivan, an industrial engineering student, is working on a homewokr problem for engineering economy. he needs to calculate the pw at 12% of a cash flow series with $1140 at t

Answers

If Ivan applies the equation,P = 1,140(P|A 12%,3) + 570(PG 12%,3), then P is now located at t=2.

What do you mean by equation?

A mathematical formula known as an equation uses the equals sign to express the equality of two expressions. =. The word equation and its cognates in various languages may have somewhat different definitions; for example, in French, an équation is defined as including one or more variables, whereas in English, an equation is any well-formed formula consisting of two expressions linked by an equals sign.

Based on the provided equation

He has worked as 3

Which is. 0,1,2

So, Time t =2

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Complete Question

Ivan, an industrial engineering graduate, is studying on an Engineering Economy homework issue.He must compute the PW at 12% of a cash flow series with $1,140 at t= 3, $1,710 at t = 4, and $2,280 at t = 5. If Ivan uses equation P = 1,140(P|A 12%,3) + 570(PG 12%,3), where is the P now located? Ot=2 Ot=4 Ot=1 Ot=0

based on supply and demand analysis and holding all else constant, as the federal reserve reduces its holdings of treasury securities, the resulting impact could result in:

Answers

As the federal reserve decreases its holdings of treasury securities, the impact could lead to a drop in the price of treasure, based on supply and demand calculations and assuming everything else remains constant.

How do the Federal Reserve and the Treasury collaborate?

Another connection exists between the Federal Reserve and the Treasury Department. The Federal Reserve is a charitable organization. Any gains that are left over after expenses are covered are given to the Treasury Department. The Treasury Department then utilizes that money to pay for government expenditures.

What takes place when the Federal Reserve purchases Treasury bonds?

To purchase or sell securities to banks, the Fed uses open market operations. The Fed provides banks with additional funds to maintain as reserves on their balance sheets when it purchases securities. When the Fed sells securities, it depletes the money supply by removing funds from banks.

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merchandising includes all of the following activities except: group of answer choices ignoring competitors merchandising assortment to develop a unique plan buying goods and making them available for customers estimating customers' wants and needs planning purchases

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Merchandising includes all of the following activities except: Ignoring competitors merchandising assortment to develop a unique plan.

Merchandising

Merchandising is any practise that aids in the sale of products to retail customers. At the retail level, merchandising refers to the imaginative display of products for sale in order to attract buyers to purchase additional items or products. Visual display merchandising in retail commerce refers to merchandise sales that use product design, selection, packaging, pricing, and presentation to encourage customers to spend more money. This includes disciplines and discounts, physical product presentation and displays, and decisions about which products to present to which customers at what time.

Merchandising entails determining quantities, pricing commodities, designing display displays, planning marketing strategies, and arranging discounts or coupons. Merchandising may also apply to retail sales in general: the distribution of items to end-user consumers.

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Kaye Blanchard is 50 years old. She has $66000 of adjusted gross income and 15,200 of qualified medical expenses. She will be itemized her tax deductions this year. How much of a tax deduction will Kaye be able to deduct (assume 7.5 percent floor for deduction)?

Answers

Deductible amount is $10,250

A deductible is an expense that an individual taxpayer or a business can deduct from adjusted gross income when filling out a tax form. Deductible expenses lower taxable income and, as a result, the amount of income taxes owed.

Most wage earners take the standard deduction; however, those with extremely high deductible expenses can itemize to reduce their tax bill.

Individual tax deductions for individuals include student loan interest, self-employment expenses, charitable donation deductions, and mortgage interest deductions.

Payroll, utilities, rent, leases, and other operational costs are examples of business deductibles.

The amount of tax levied on the taxpayer is referred to as his or her income tax liability. It represents the total amount of tax owed to the government. Once paid, it will contribute to the total amount required by the government to fund its projects.

Threshold amount

=Adjusted gross income × Threshold rate

=$66,000 × 0.75

=$4950

Deductible amount

=Qualified medical expenses - Threshold amount

=$15,200 - $4950

=$10,250

Deductible amount is $10,250

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Employees who speak up with practical ideas, share their love of their work with others, help out their coworkers, and take care of the company’s building and equipment are exhibiting organizational citizenship behaviors. True or false?.

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True, Employees who speak up with practical ideas, share their love of their work with others, help out their coworkers, and take care of the company’s building and equipment are exhibiting organizational citizenship behaviors

What is Organizational citizenship behavior?

This refers to a person's voluntary commitment outside their contractual tasks within an organization or company.

OCB deals with actions and behaviors that are not required or critical to a worker's job. These actions might benefit the team and encourage even greater organizational functioning and efficiency. An example of these actions includes being helpful and caring towards other employees in the workplace.

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a bank lender is concerned about the creditworthiness of one of its major borrowers. the bank is considering using a swap to reduce its credit exposure to this customer. which type of swap would best meet this need?

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One of a bank lender's most important borrowers' creditworthiness is a problem. In order to lessen its credit exposure to this customer, the bank is thinking about implementing a swap. This need would be best served by a credit default swap kind of swap.

A swap is a derivative transaction in the financial industry where one party exchanges the value of an asset or cash flows with another. A company that pays a variable interest rate, for instance, might swap interest payments with another company, who would then pay the first company a fixed rate. A contract between a lender and a borrower is the standard definition of credit. In addition, the term "credit" can refer to someone's or a company's creditworthiness or credit history. A credit in accounting could result in a drop in assets, a rise in liabilities, a reduction in costs, or a gain in income.

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Which one of the following provides rules that direct dealings between partners when they encounter situations not addressed in their partnership agreement?

inherent authority

US Constitution

RUPA

tax laws

Answers

RUPA provides rules that direct dealings between partners when they encounter situations, not addressed in their partnership agreement.

The Revised Uniform Partnership Act (“RUPA”) could be a demonstrated statute that decides how a commerce organization ought to be organized and built up. RUPA moreover directs the legitimate commitments and rights of the accomplices included in organization commerce.

RUPA characterizes an organization as an organization that comprises two or more people who carry on as co-owners of trade for profit.

In expansion, RUPA states that people who frame an organization can be held severally and mutually at risk for any issues that emerge in association with the organization`s business.

RUPA moreover gives that any people who allow another party to promote or request a trade in a way that proposes they are trade accomplices, can at that point be seen as such by outside parties.

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which state in industry 2 has the best performance in collecting its outstanding accounts receivable balances? if you were a manager operating in industry 1, in which state should you be the most concerned about accounts receivable collections?

Answers

Based on the maps, the state in Industry 2 that has the best performance in collecting its outstanding accounts receivable balances is California.

The state that one should be most concerned about accounts receivables collections in Industry 1 is Kansas.

What is the Average Days outstanding?

The Average Days Outstanding shows the number of days it takes for a company to get paid by its accounts receivable.

From the given map, California has the fastest average days outstanding in Industry 2 and so is best at collecting its accounts receivable balance.

There is then Kansas in Industry 1. They are ranked lower than Oregon on the Treemap which means they are the worst at collecting their accounts receivable balance.

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according to the production possibility model, if more resources are allocated to the production of physical and human capital, then all of the following are likely to happen except

Answers

Fewer goods will be produced for consumption today, if more resources are allocated to the production of physical and human capital according to the production possibility model.

The Production Possibilities Curve (PPC) is a model that illustrates the tradeoffs involved in allocating resources in between creation of two goods. Deprivation, opportunity cost, effectiveness, low efficiency, economic expansion, and contractions can all be illustrated using the PPC. Because of the law of diminishing returns, the graph is curved. At some point during the production of a good, it is marginally more advantageous to produce a piece of a separate good instead of another unit of the same good.

Here is the complete question-

According to the production possibility model, if more resources are allocated to the production of physical and human capital, then which of the following is likely to happen?

A) The country's total production will fall.

B) Fewer goods will be produced for consumption today.

C) Future economic growth will decline.

D) The production possibilities frontier will be shift inward in the future

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who or what organization is responsible for this process from start to finish? what are the implications for managing and improving the treatment process?

Answers

If we examine the situation, it becomes quite evident that the hospital bears primary responsibility for the surgery.

A therapy process is what?

Biological treatment units, waste incinerators, steam stripping units  thin-film evaporation units, and other processes can all be used to remove or eliminate organic materials from wastewater or residual streams.

Briefing:

Every corporate operation and supply chain management revolve around improving various business processes. Different processes lose efficiency with time, and they can only be improved by exerting any kind of power. There is always a high level of rivalry, therefore even if there is no immediate need for business process improvement, it is still ideal for the enterprises to do so.

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in order to reduce the undesirable effects of moral hazard, an insurance company can multiple choice introduce a deductible. classify clients into different types according to their history. reject the renewal of policies of those people with really bad records. do all the items listed in the provided answers.

Answers

In order to reduce the undesirable effects of moral hazard, an insurance company can multiple choice introduce a deductible, client reject the renewal of policies of those people with really bad records.

Why moral hazard an economic problem?

Because it results in an ineffective distribution of resources, moral hazard is a concern for the economy. It does so because one party is imposing a greater cost on another party, which, if carried out on a macro scale, would have extremely high consequences for an economy.

The moral hazard issue arises when one party feels more at ease taking risks in a trade or transaction—whether they are financial or physical—because they are aware that they will not be held accountable for any unfavorable outcomes, but rather the side who chose not to take any risks.

What Makes It a Moral Hazard?

The reason it is named "moral hazard" is because morality plays a role in deciding what actions are acceptable and wrong in a transaction that could produce or avoid a hazard in which the party not acting in the hazardous manner might perhaps suffer the consequences.

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If oranges sell for $100 per crate in the united states and 4000 pesos per crate in mexico, the law of one price indicates that you should be able to exchange $1 for.

Answers

The law of one price indicates that you should be able to exchange $1 to 40 pesos.

A currency exchange can be described as a licensed business that allows customers to exchange one currency for another. Currency exchange of physical money (paper bills and coins) is usually done over the counter at a teller station, which can be found in various places such as hotels, and resorts, airports, and banks.

There are 3 methods of money exchange, such as reciprocity, redistribution, and market exchange.

Oranges = $100

Oranges = 4000 pesos

Oranges = $100 = 4000 pesos

$100 = 4000 pesos

So, $1 = 40 pesos

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you are 21 years old today. your grandparents set up a trust fund that will pay you​ $25,000 per year for 20​ years, starting on your 65th birthday to supplement your retirement. if the trust can earn​ 7.5% per​ year, how much will your grandparents need to put in the trust fund today​ (rounded to the nearest​ $10)?

Answers

The amount that your grandparents need to put in the trust fund today is $11,370.

What is present value?

The idea of present value holds that money today is worth more than it will be in the future. In other words, money received in the future is not as valuable as money obtained today in the same amount. The value of $1,000 now will exceed $1,000 in five years.

PV = $25,000 * PVIFA7.5%, 20 * PVIF7.5%, 43

= $25,000 * 10.194 * 0.045

= $11,368.96

= $11,370

Therefore, it should be noted that $11,370 needs to be out into the account.

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Why is it necessary to invest for retirement instead of saving for retirement?

Answers

Answer:

Compound interest is likely the most significant benefit of investing early in retirement. Though there's no guaranteed set rate of return, when you start saving for retirement earlier, you'll end up with more money with a smaller capital investment than if you wait until later in your career

Explanation:

the income statement for the month of june, 2021 of camera obscura enterprises contains: revenues, $7,000; expenses, $5,700; and net income, $1,300. the entry to close the expense accounts includes a .

Answers

Camera Obscura Enterprises' income statement for the month of June 2021 shows $7,000 in revenues, $5,700 in costs, and $1,300 in net income. a debit amount of $1,300 is to cancel the expense accounts.

A net profit is typically defined in the income statement as the difference between income and expenses for a certain period. This results in a credit balance in the income statement, but a debit balance in the income summary to close the account.

A net loss, on the other hand, is when an accounting period's expenses exceed its income. This results in a debit balance on the income statement, but a credit balance on the income summary that closes net profit the account.

The amount in the income statement will be a debit balance of $1,300 since Camera Obscura Enterprises had a net profit of $1,300 in the month of June.

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