what are five marketing strategies that retailers spend half of their annual budget on?

Answers

Answer 1

The five marketing strategies includes strategies on 5P's which includes Price, Product, Promotion, Place and People.

The retailers are basically people who sells goods in smaller quantity to the final consumer in the chain of distribution.

The five marketing strategies they spend half of their annual budget on includes on the following:

Price: The retailers ensures that prices of their product are reduced below cost price to persuade consumers to buy from them.

Product: The retailers need to ensure that varieties of product are available in the stores to satisfy the consumers need.

Promotion: Various advertisement and others strategy to persuade consumers needs funds to make successful.

Place: The store and outlet need to be where is more favorable and comes with high cost of expenses for the retailers.

People; The consumers are given discounts and other incentives to persuade them to come and buy more goods from the retailers.

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Answer 2

Answer:Product, Price, Promotion, Place, and People

Explanation:


Related Questions

to derive a competitive advantage, firms can properly configure hr practices to drive ________ which leads to ________.

Answers

When firms configure it HR practices to drive employees which leads to improved Firm performance, then the firm will derive competitive advantage.

In a firm, the Human personnel is saddled with the responsibility of effectively managing and motivating the employee for purpose of achieving productivity.

Competitive advantage of a firm entails an attribute which enables a company to outperform its competitors such as Increasing customer-base over other firms.

Therefore, when the firm HR drives the employees, productivity will be achieved which will then create an advantage of competition over other firms.

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what is it called when government regulations are needed to protect customers

Answers

Answer:

Regulatory compliance 

Explanation:

I think this is what your looking for

The entity’s manufacturing division, whose assets constituted 75% of its total assets at September 30, Year 5 (end of year), was sold on November 1, Year 5. The new owner assumed the bonded indebtedness associated with this property. How should this event be presented in the financial statements?

Answers

The event should be presented in the financial statements as follows:

1. The assets side of the balance sheet will be reduced by 75%, with its accompanying accumulated depreciation.

2. The bonded liability on the balance sheet is eliminated by the relevant amount.

3. The journal entry should debit the Bonded Liability and accumulated depreciation, while the assets worth 75% are credited.

4. If the bonded indebtedness is more than 75% of the assets, the company records a profit on disposal on the income statement. Otherwise, it records a loss. If they are equal, there is no profit or loss.

Thus, the difference between the debit and credit entries constitutes either profit or loss on disposal.

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The notation is Y = GNP = national income C = consumption I = private investment G = government spending X = exports M = imports T = taxes There is an intimate relationship between a country's BCA and how the country finances its domestic investment and pays for government expenditures. Given this, which of the following is a true statement? Multiple Choice All of the options If (S − I) < 0, it implies that a country's domestic savings is insufficient to finance domestic investment. If (T − G) < 0, it implies that a country's tax revenue is insufficient to finance government spending. When BCA is negative, it implies that government budget deficits and/or part of domestic investment are being finance with foreign-controlled capital.

Answers

The true statement is D. When BCA is negative, it implies that government budget deficits and/or part of domestic investment are being financed with foreign-controlled capital.

The above statement is based on the intimate relationship between a country's Balance of the Current Account (BCA) and how the country finances its domestic investments and pays for government expenditure.

Explanation:

National income = Y = GNP

Consumption = C

Private Investment = I

Government spending = G

Exports = X

Imports = M

Taxes = T

Therefore, the BCA = X-M = (S-1) + (T – G)

Where BCA = Balance of Current Account

Thus, the Balance of the Current Account (BCA) should be positive to avoid deficit-financing of government budgets.

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Fill in the blank. . Roughly ___ million trademarks are registered with the U.S. government.

A. 10
B. 12
C. 2
D. 5

Answers

Roughly 2 million trademarks are registered with the U.S. government.

What is a Registered Trademark?

This refers to the intellectual property of an individual or business that is duly registered and bears a mark, sign or symbol.

Hence, we can see that according to the official count, there are about 1.9 million trademarks that are registered with the American government, and thus, when roughly stated, one can say that they are 2 million and option C is correct.

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how does the inventory costing methods affect the income statement when costs tend to rise over time?

Answers

Answer:

Cost of Goods Sold on the income statement differs between the methods causing

Income Tax Expense to differ.

Explanation:

Answer:cost of good sold on the income statement

Explanation:

how to understand and differentiate job roles in the workplace

Answers

Answer:

How do you define roles in the workplace? Here's how to develop functional roles and responsibilities in your team: Determine what needs to get done. Make a list of all the tasks that need to be completed. ... Identify strengths and weaknesses. ... Refer back to a team member's job description. ...

    4. Get feedbac.

What is difference between job and role? Here's an example Turri gave:According to Turri, the difference is that while a person's job describes what they do on a daily basis, their role encompasses how their actions add value to the organization. ... That process can be applied to any job at any organization.

Explanation:

i got this straght from go ogle so be shoure to annotate or reword

which of the following are NOT needed to calculate cost of goods sold
a. purchases and wages
b. purchases and salaries
c. wages and closing stock
d. wages and salaries​

Answers

Option c is correct.

go grub’s customer complaints have increased because its drivers often get lost when attempting deliveries, which means that the deliveries arrived late. the drivers have resisted using gps systems, claiming they know their territories, but managers are now encouraging them to look for the best solution to the increased level of customer complaints. go grub is in the ________ stage of lewin’s change model.

Answers

Analyzing the information on the issue, it is clear that Go Grub is in the unfreezing stage of Lewin's change model, which corresponds to the first stage of change where persuasive preparation about the needs of change takes place.

To manage the changes that generate adherence to the use of GPS systems at Go Grub, it is necessary for managers to look for methods to demonstrate the advantages of the changes, such as:

Increased speed at work.Improved communication.Greater customer satisfaction.Cost reduction.

It is also important to train the employee to reduce insecurity and be honest about how the changes will make the job better, and then proceed with the changing and refreezing, according to Lewin's model.

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what is a company market share​

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A company's market share is its sales measured as a percentage of an industry's total revenues. You can determine a company's market share by dividing its total sales or revenues by the industry's total sales over a fiscal period. Use this measure to get a general idea of the size of a company relative to the industry.

I hope this helps! Good luck.

Why is it important for a company to have structure?:​

Answers

Answer :

It is important to give your company a framework that allows it to grow over time. Structure will give employees more clarity, help manage expectations, enable better decision-making and provide consistency

Answer: Organizational structure provides guidance to all employees by laying out the official reporting relationships that govern the workflow of the company. A formal outline of a company's structure makes it easier to add new positions in the company, as well, providing a flexible and ready means for growth.

Explanation:

A trading company acts like a ______, taking on much of the responsibility of finding markets while facilitating all marketing aspects of a transaction.

Answers

A trading company acts like a wholesaler

rhodes borrowed $5,000 by signing a 5-year note with an interest rate of 8%. on the date the note is signed, rhodes should

Answers

On the date the note is signed, rhodes should credit Note payable for $5,000.

Note payable is a loan agreement that is put down in written were the borrower agreed to pay the lender the certain amount he or she borrowed from the lender and must be signed by the borrower.

In Note payable the borrower as well will have to pay interest on the amount borrowed or the interest accrued on the amount borrowed on the due date.

The journal entry on the date the note is signed is:

Debit Cash $5,000

Credit Note payable $5,000

(To record note payable)

Inconclusion on the date the note is signed, rhodes should credit Note payable for $5,000.

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Some companies expand successful retail businesses by entering into contracts that give others the right to operate businesses with the same name and format. This is called ______. Multiple choice question. franchising an administered vertical marketing system licensing co-branding

Answers

Answer:the answer is franchising

Explanation:

Franchises are contracts or stores and are given to public people to own and operate

Franchising is when some companies expand successful retail businesses by entering into contracts which give others right to operate businesses.

What is franchising?

Franchising refers to an arrangement whereby a one party gives aproval for the other party to trade in his name with all rights and privileges.

Advantages of owning a franchise are :

Franchise owner gets valuable help throughout the lifespan of the business. Owning a franchise comes with a low rate of failure.

Hence, franchising is when some companies expand successful retail businesses by entering into contracts  which give others right to operate businesses.

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what are some things you can do during the grace period to make sure your loan repayment goes as smoothly as possible?

Answers

The gracing period allows the borrower to get more time on how to sources for fund for repayment of the loan.

Basically, the loan repayment refers to the way at which a borrower will gradually repay back the loan gotten from the lender.

The gracing period in loan repayment refers to the period where repayment payment has lapsed but the borrower is given grace to continue to repay the loan.

Therefore, the things that can be done during the grace period to make sure the loan repayment goes smoothly is by re-strategizing on options to sources for fund for repayment of the loan.

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List 4 stakeholders

Answers

Answer:

Employees,Governments,Local communities,customer

In choosing between two investments, if one has the higher expected return but the other has the lower standard deviation, we use another measure of risk called _____________. To obtain this measure we divide the _____________ by the ____________. This measure shows the amount of_____________ per unit of return and provides a more useful risk measure when the expected returns on two alternatives are different.

Answers

Based on the information given in the paragraph above, the measures that fill in the blanks in order are:

Coefficient of Variation Standard deviation Expected return Risk

When we have an investment with a higher expected return and a higher standard deviation than another investment, we can then base our decision on the amount of risk that we incur per return of the investment.

This measure is called the coefficient of variation and it is calculated thus:

= Standard deviation / Expected return

This will then show you the risk incurred per unit of return. The investment with the lower coefficient is the better one.

In choosing between two investments, if one has the higher expected return but the other has the lower standard deviation, we use another measure of risk called Coefficient of Variation. To obtain this measure we divide the Standard deviation by the Expected return. This measure shows the amount of Risk per unit of return...

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Melanie's country has recently gone through a change in governance. The new government has enacted policies to reduce barriers to
International trade, which will boost its economy. What type of trade policies has Melanie's country adopted?
Melanie's country has adopted
policies by reducing international trade barriers.

Answers

A trade barriers reducing policy is the policies that the Melanie's country has adopted to reduce international trade barriers.

What are trade barriers?

A trade barrier refers to a natural barrier or imposed restraint by government on the flow of international goods or services.

Some examples of trade barrier includes import quotas, embargoes, buy-national regulations, distance, language etc.

In conclusion, a trade barriers reducing policy is the policies that the Melanie's country has adopted to reduce international trade barriers.

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activity #1 picture identification as to what type of business

direction identify the following pictures below whether it is a
Service
Merchandising
Manufacturing or a
Hybrid type of business​

Answers

Answer:

1. Manufacturing

2. Service

3. Merchandising

4. Manufacturing

5. Hybrid type of business

Explanation:

I'm not sure about my answers but- they are based on logic if you look closely at each picture

¯\_(ツ)_/¯

Select all the correct answers.
Which two expenses are considered variable expenses?
car loan payment
car fuel
o grocery bill
O mortgage payment
O property taxes

Answers

Explanation:

1: mortgage payment

2: property taxes

______ economic resources means limited goods and services.

Answers

Answer:

Scarce.

Explanation:

Answer:

Scarce

Explanation:

When we say scarce economic resource, as it's name implies it means limited available resources.

a document certifying ownership of part of a corporation is a

Answers

Answer:

a document certifying ownership of part of a corporation is a stock certificate

can you give me example about Perfect cube​

Answers

Answer:

square prisms

Explanation:

it is square prism

some would describe american capitalism as?

Answers

is hell an option i can pick?

IF YOU CAN HELP ME, I WILL GIVE U BRAINLIEST!!!! HIGHEST POSSIBLE AMOUNT OF POINTS BECAUSE I'M SO STUCK!!!!!
If you could just explain it for me, I would be so grateful!!

Step 1: Read the Scenario
Because of the great work you’ve been doing for your department at running shoe company Runner Rush, your vice president has elected you to join an innovative cross-departmental team in your organization. The company is looking to launch a new shoe that enhances any runner’s speed. Management wants this new team to create an idea within a month. All the members of the team are alleviated of some of their regular job duties in order to join several meetings a week to brainstorm and design the new product.
Step 2: Develop a Month Plan
You have been appointed as the team leader. Develop a month plan that you will present to your teammates at the initial meeting. Focus on developing a strong team dynamic, setting goals, expectations, deadlines, and other elements that will lead the team to success. Make sure that your plan is easy to follow and clearly outlines all the required information.

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I T S W A I T I F O R G O T T H E A N W S E R S O R R Y B U T I F I G E T T H E A N W S E R B A C K U P O N M Y P H O N E I W I L L L E T Y O U K N O W

which option has had the least impact on international business?

Answers

Do you have multiple choice question with this question or not?

The price of a good or service must ____.
A. be lower than what customers are willing to pay
B. be below any government price floor
C. cover the cost of producing and selling the product
D. not be below the manufacturer's suggested retail price (MSRP)

Answers

Answer:

c. cover the cost of producing and selling the product

individuals in different segments should have ______ within the segment and ______ across the segments.

Answers

Answer:

similarities; differences Is correct answer

Explanation:

individuals in different segments should have similarities within the segment and differences across the segments.

(Hope this helps can I pls have brainlist (crown)☺️)

Name at least 4 management skills which you think you already have. Justify your answer and identify ways on how you could further develop your chosen management skills.​

Answers

Answer:

Hello there,

I'll answer based on myself,

The management skills I think I have are;

Planning, To achieve my goals, planning is an essential skill that I must have. Short term and long term goals need planning to be achieved and the short term goals like assignment completion and helping with chores at home must be done within a scope of at most a week and not more. And long term goals are ongoing and the fast they can be achieved within a year is more favourable. By continuous planning I gain more experience when my plans don't give. I usually ask my parents, teachers and experts on my plans to further better them. Decision making; With decision making, planning is much easier because I get to choose the best choice out of many layouts of plans I have. Deciding on my priorities is best way to figure out the best plans. This is usually based on past experience to make it better and ask help from parents and teachers. Delegation; This is most evident in my duties at school as a leader and assigning work in projects. It's not that some duties can't be performed by me but delegation is superb when a single person can concentrate on allocated tasks in full efficiency. It allows fast error checking and less slacking. I continue to learn this through projects given at school, getting help from parents and older siblings. Communication; I believe the best system works in a clear back to back communication. Good thing the environment am in allows thorough communication. And as a leader, youth, student and a responsible community member communication has been a great tool to make known our strengths and weaknesses. My parents, teachers have cultivated an environment that allows clear channels of communication.

cost flow is in the order in which costs were incurred when using

Answers

Answers : last in, first out

Explanation: