Sports and marketing have to compete on which angle if they want to be relevant to the 21st century market?

cheapest prices

scarcest supply

most appealing

quickest distribution

Answers

Answer 1

Answer:

cheapest prices

Explanation:

Marketing can be defined as the process of developing promotional techniques and sales strategies by a business firm, so as to enhance the availability of goods and services to meet the unending requirements, needs or wants of the end users or consumers through advertising and market research. Thus, it comprises all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers.

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.

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. Thus, it refers to the amount of money a customer or consumer buying goods and services are willing to pay for the goods and services being offered.

Hence, sports and marketing have to compete on the cheapest prices, if they want to be relevant to the 21st century market because it's the most important factor that influences the willingness of a consumer to buy a good or take a service.


Related Questions

identify the true statements about managing cycle stocks. (Check all that apply.) Multiple select question. The primary driver of cycle stock is the order quantity. Reduction in order costs results in an increase in cycle stock. Offering the lowest possible price per unit regardless of order quantity would result in smaller order quantities. One way to reduce total average inventory is to reduce the order quantity.

Answers

The true statements are:

The main driver of the cycle stock represents the order quantity.If the less possible price per unit is offered irrespective of the order quantity so this should have resulted in the fewer order quantities. In order to decrease the overall average inventory,  we have to decrease the order quantity.

The stock cycle should be managed by:

Order quantity.Few possible prices per unit so that there is a fewer order quantity.When the overall average inventory is decreased so the order quantity is also decreased.

But it should not be managed by the decrease in the cost of the order via increment in the cycle stock.

Learn more about the inventory here: brainly.com/question/14184995

Dan just lost his job. At 44 years old, he worked as a middle manager at a well-known advertising firm for 14 years. Due to a significant loss of clients, the company had to downsize despite Dan being an exemplary employee and winning several awards. The company decided to let Dan go instead of another middle manager who was in a minority group. In a business setting, this occurrence is referred to as

Answers

In a business setting, the given occurrence we called the reverse discrimination

Reverse discrimination is the non-fair treatment of members who belong to the majority group in the workplace that depends upon race, gender, etc.

Reverse discrimination might arise at the time when the majority group like white or males are to be overlooked for following things

JobsPromotionsOther types of opportunities

These should provide the preference to the minority group like for women

So therefore we can conclude that In a business setting, the given occurrence we called  the reverse discrimination

Learn more about reverse discrimination here: brainly.com/question/12382112

Horace is seeking to exchange money in preparation for his trip to Uruguay. He will need 5,000 Uruguayan pesos, and the exchange rate between the US dollar and the Uruguayan peso is 1:19.924. The currency exchange agent Horace is using requires that a 5% surcharge be paid when converting currency. Taking the surcharge into account, how many US dollars will it take Horace to get 5,000 pesos

Answers

Answer:

$263.50

Explanation:

Calculation to determine how many US dollars will it take Horace to get 5,000 pesos

First step is to determine Total Uruguayan pesos to buy

Total Uruguayan pesos= 5,000 Uruguayan pesos + (5,000 Uruguayan pesos* 0.05)

Total Uruguayan pesos=5,000 Uruguayan pesos + 250 Uruguayan pesos

Total Uruguayan pesos = 5,250 Uruguayan pesos

Now let determine how many US dollars will it take Horace to get 5,000 pesos

US dollars needed = (5,250 Ur.$)/(19.924 Ur.$/U$S)

US dollars needed =$263,50

Therefore how many US dollars will it take Horace to get 5,000 pesos will be $263,50

Which phrase best describes the purpose of a slide master? Check all that apply.
A. to determine the layout for each individual slide in a presentation
B. to allow users to give each slide in a presentation a unique look and feel
C. to establish the layout of all slides, or a group of slides, in a presentation
D. to determine the theme of all slides, or a group of slides, in a presentation
E. to set the thematic characteristics of each individual slide in a presentation
F. to allow users to apply changes in layout or theme to an entire presentation

Answers

Answer: to establish the layout of all slides, or a group of slides, in a presentation.

to determine the theme of all slides, or a group of slides, in a presentation.

to allow users to apply changes in layout or theme to an entire presentation.

Explanation:

It should be noted that the Slide Master refers to the top slide which controls the information regarding the background, fonts, theme, layout, and color of all the slides in Microsoft PowerPoint.

The phrase best describes the purpose of a slide master include:

• to establish the layout of all slides, or a group of slides, in a presentation.

• to determine the theme of all slides, or a group of slides, in a presentation.

• to allow users to apply changes in layout or theme to an entire presentation.

Therefore, the correct options are C, D and F.

Answer:

C

D

F

Explanation:

edge

Research suggests that the adoption of may increase efficiency and lower unit costs relative to what can be achieved by the mass production of a standardized output. Group of answer choices Just-in-time manufacturing Unscheduled manufacturing Flexible production technology Quick technology

Answers

The answer is "flexible production technology".

It is also known as a "flexible manufacturing system".  FMS is a production method that can easily adapt to variations in the item's kind and quantity. The user could be configured machinery and computing devices like that it should produce a variety of products and manage varying production levels.

The incorrect choice can be defined as follows:

A just-in-time manufacturing method, it aims to reduce production cycle durations as well as reaction times between suppliers and customers to save costs.Unscheduled manufacturing orders could be removed and afterward reinserted into the production schedule.Quick technology must be made much easier so that society's largest problems may be addressed, and individuals and companies could become more innovative, effective, and productive.

Learn more:

flexible production technology: brainly.com/question/23851086

When communicating significant deficiencies in internal control noted in a financial statement audit of a nonissuer, the communication should indicate that
A. The purpose of the audit was to report on the financial statements, not to provide assurance on internal control.
B. The deficiencies noted were not detected within a timely period by employees in the normal course of performing their assigned functions.
C. The expression of an unmodified opinion on the financial statements may be dependent on corrective follow-up action.
D. Fraud or errors may occur and not be detected because of the inherent limitations of internal control.

Answers

Answer is A!!! The purpose of the audit was to report on the financial statements not to provide assurance on internal control

How is chinese food made soo gosh darn good?​

Answers

Answer:

Worm noodles

Explanation:

Answer:

I wish I knew. salt i guess

Explanation:

A subject property has a swimming pool (worth $5,000) and a three-car garage (worth $4,500). Comp property A has a pool only and sold for $452,500. Comp property B has a three-car garage only and sold for $446,000. What adjusted prices should you use for these two comps in a CMA

Answers

Answer and Explanation:

The calculation of the adjusted price that could use for these two comps in a CMA is given below:

For Comp property A, the value of the garage should be

= $452,500 + $4,500

= $457,000

And, for comp property B, the value of the pool should be

= $446,000 + $5,000

= $451,000

In this way, it should be considered

Mill Co. uses a batch processing method to process its sales transactions. Data on Mill's sales transaction tape are electronically sorted by customer number and are subjected to programmed edit checks in preparing its invoices, sales journals, and updated customer account balances. One of the direct outputs of the creation of this tape most likely would be a

Answers

Answer: Report showing exceptions and control totals.

Explanation:

Batch processing system has to deal with input controls showing exceptions and how invoiced are processed on each batch.

The batch processing system helps make it easier to notify invoices automatically as customers get items.

Shortly after the foreclosure sale, the man received a substantial inheritance. He approached the bank to repurchase the property, but the bank decided to build a branch office on the property and declined to sell. If the man prevails in an appropriate action to recover title to the property, what is the most likely reason

Answers

Answer:

statutory right of redemption

Explanation:

Statutory right of redemption is a certain amount of time given by states to previous mortgagors allowing them to raise the money to pay off the debts of their property and cancelling the mortgage. This allows the prior owner (mortgagor) to recover his/her property even after a foreclosure has been carried out. The time is set by the state and varies depending on the state. Some states do not allow this.

PLEASE HELP! (interest rate)
Ludwig borrowed $700,000 for a
period of 2 years. His interest rate is
10%. How much interest will
Ludwig pay in all?
$[?]

Answers

Answer:

By yearly interest or monthly? Yearly: he pays 840000 monthly: 2380000 sorry it’s so long just tryna help a bruthu or sister out I didn’t check yo username

Sam is the marketing director for StyleHub, a clothing boutique. They opened their brick and mortar store last year, but Sam only published the website a month ago and it isn't receiving much traffic yet. Now, they're ready to focus on SEO and have some resources to dedicate to it. Which three tactics should Sam focus on initially

Answers

Answer:

There are several tactics that can help San increase traffic to her clothing store website. Some of them that he could focus on initially could be:

1- Create a profile on G. My Business, which is a tool that allows your site to be highlighted in the g. search tool when potential consumers are looking for clothes in your region, for example.

2- Create valuable content for your target audience, such as a blog, and spread it on social media, as a way to engage your audience and make them interested in visiting your site.

3- Optimize the website making its resources faster and more accessible, including mobile devices.

The Affordable Care Act (ACA) requires insurance companies to adhere to the: Group of answer choices pure community rating approach for individuals and small businesses. adjusted community rating approach for individuals and small businesses. same standards used by the Social Security Administration. pure community rating approach for college communities. cost-of-living adjustment (COLA) for individuals and small businesses.

Answers

Answer:

adjusted community rating approach for individuals and small businesses.

Explanation:

The Affordable Care Act (ACA) requires insurance companies to adhere to the adjusted community rating approach for individuals and small businesses.

Hamill Company purchased equipment on January 3rd, 2022, for $70,000. The equipment is expected to be used for four years and 12,000 hours (4,000 hours in the first year, 3,000 hours in year 2, and 2,500 per year for each of the last two years). Hamill hopes to sell the asset for $5,000 at the end of its useful life. Using the double-declining-balance method of depreciation, what amount of depreciation expense will Hamill report on the income statement for the year ended December 31st, 2022

Answers

Answer:

Annual depreciation= $32,500

Explanation:

Giving the following information:

Purchase price= $70,000

Salvage value= $5,000

Useful life= 4 years

To calculate the annual depreciation under the double-declining-balance method, we need to use the following formula:

Annual depreciation= 2*[(book value)/estimated life (years)]

2022:

Annual depreciation= 2*[(70,000 - 5,000) / 4]

Annual depreciation= $32,500

If you could choose to be anything you want, what would you choose to be and why? 2-3 paragraphs

Answers

Chief keef
He is the oldest rapper alive being 300 years old he also dropped the best album of this generation in 2012 he is still making music he has mutiple cars and houses he had mutiple baby moms he’s rich

Please, I need help

Answers

Answer:

IV,I,III,V,II........

Vertical integration appears particularly advantageous when the organization has: Question 40 options: 1) a very specialized product. 2) a large market share. 3) a very common, undifferentiated product. 4) little experience operating an acquired vendor. 5) purchases that are a relatively small percent of sales.

Answers

Answer:

2) a large market share.

Explanation:

Horizontal consolidation can be defined as a strategic technique which typically involves the process of merging companies that are into the production (manufacturing) of the same or similar products (finished goods) and services into a single business unit. This type of merger or integration is the most commonly used consolidation method across the world. It is also known as horizontal integration and it essentially helps to increase the level of output (production) for businesses

Vertical Integration is a business strategy whereby a firm acquires businesses that provide the supplies it needs to make its products or that makes and sell its products.

Vertical integration appears particularly advantageous when the organization has a large market share i.e it controls a huge or enormous portion of a market.

You have a full-time job and are also doing a part-time evening course. You now find that you cannot continue the course. Write a letter to the course tutor. In your letter • describe the situation • explain why you cannot continue at this time • say what action you would like to take

Answers

Answer:

To,

The Learning provider,

London City.

Dear Sir,

I am student of project management course. I have successfully completed level 1 and now currently pursuing level 2 at your institute. I want to inform you that I have got a full type Permanent job at a multinational organization. I will not be able to take this course in morning now due to job commitments. I wish to take my remaining course on evening or weekends. If there is not availability on weekends then i will not be able to continue my course at this time and will wish to freeze the course studies for now.

Hope to hear from you soon.

Regards,

Jason Mak.

Lori purchased a home for $250,000 with an additional $5,000 in related purchase costs and then added a garage at a cost of $25,000. She sold the home 10 years later for $575,000 and paid $35,000 in selling costs. She will pay capital gains tax on how much? $10,000 $260,000 $575,000 Zero

Answers

Answer: $10,000

Explanation:

If you purchase a house and pass the ownership test of having lived in the house for at least 2 years in the past 5, you can exclude $250,000 from the capital gains as a single person.

Lori passes the ownership test and so can claim the tax exclusion.

Capital gain:

= Cash received - Purchase costs

= (575,000 - 35,000) - (250,000 + 5,000 + 25,000)

= $260,000

After claiming exclusion of $250,000

= 260,000 - 250,000

= $10,000

In this condition, the practitioner instructs the individual that it is time to work. After the initial instruction, the practitioner delivers a series of demands that the client is typically required to complete. If the client engages in the target behavior, the demand is removed and the client is allowed to take a break. What condition are we implementing

Answers

Answer:

Escape Condition

Explanation:

Functional analysis

This is simply known as the study of negative or inappropriate behavior, its antecedents, its consequences is also used to determine one or more functions that the behavior may serve for the learner.

Experimental Conditions

1. Alone

2. Attention

3. Demand (Escape)

4. Play

5. Tangible (if needed)

Escape (Demand) condition

This simply states that the removal of a particular stimuli as soon the occurrence of a behavior will increase the likelihood of that behavior. An example includes; when a room is too cold, we tend to avoid the chill by wearing on an extra sweater. It is also called negative reinforcement and it is because it is the removal of certain stimuli soonest as the occurrence of a behavior.

During the late 1990s, a lot of big animation companies started to move away from the traditional hand-drawn animation and towards computer animation. As a result, they had to lay off their employees who did not have experience with computer animation. What type of unemployment did these workers experience

Answers

Answer:

Structural unemployment

Explanation:

Structural unemployment is the type that occurs as a result of changes in an industry that results in a mismatch between the job requirements and the skills the workers have to offer.

In the given scenario big animation companies started to move away from the traditional hand-drawn animation and towards computer animation.

So workers that were skilled in traditional hand drawing and who did not know how to do computer animation were now redundant.

This resulted in the mass lay offs. It is an example of structural unemployment

If a 10 percent increase in income induced a group of consumers to reduce their yearly purchases of eggs by 5 percent, for these consumers, Group of answer choices the income elasticity of eggs equals approximately 1.05. the income elasticity of eggs is 0.5. eggs are a luxury good. eggs are an inferior good.

Answers

Answer:

the income elasticity of eggs is 0.5.

Explanation:

Inferior goods are goods whose demand falls when income rises and increases when income falls.

Income elasticity of demand measures the responsiveness of quantity demanded to changes in income.

income elasticity = percentage change in quantity demanded / percentage change in income

5/10 = 0.5

If the absolute value of income elasticity of demand is greater than one, it means demand is elastic.

If the absolute value of income elasticity of demand is less than one, it means demand is inelastic.

Mutt and Jeff each have a 50% interest in Keni Partnership. The partnership and the individuals file on a calendar-year basis. For its Year 4 tax year, Keni had a $30,000 loss. Mutt's adjusted basis in the partnership interest on January 1, Year 4, was $8,000. In Year 5, Keni partnership had a profit of $28,000. Assuming that there were no other adjustments to Mutt's basis in the partnership in Year 4 and Year 5, what amount of partnership income (loss) would Mutt show on his Year 4 and Year 5 individual income tax returns

Answers

Answer:

A partner's distributive share of partnership loss is allowed only to the extent of the adjusted basis of the partner's partnership interest:

Computation:

Year 4 Year 5

Mutt's share of profit(loss) at 50% ($15,000) $14,000

Basis 8,000 0

Unallowed loss (carryover) ($ 7,000) ($ 7,000)

Taxable income(loss) allowed ($ 8,000) $ 7,000

Two unrelated individuals, John and Tom, own all the stock of Regal Corporation, which has earnings and profits of $400,000. Because of the inactivity of the business for the last several years, Tom has decided to retire from the business and move to Alaska. Accordingly, Regal Corporation will redeem all the stock owned by Tom and, in return, Tom will receive a distribution of $500,000. Tom's adjusted basis in the stock is $250,000. What will be the tax effect to Tom

Answers

Answer:

Capital gain of $250,000

Explanation:

Calculation to determine What will be the tax effect to Tom

Redemption proceeds $500,000

Less Adjusted basis in the stock ($250,000)

Capital gain $250,000

($500,000-$250,000)

Therefore the tax effect to Tom will be CAPITAL GAIN of $250,000

If a bank benefits when a foreign currency declines in value, then the bank must be in a __________ position. The term below that correctly fills in the blank in the preceding sentence is: Group of answer choices

Answers

Short position (I think you were supposed to add answers)

Small businesses that are just getting off the ground often have problems with the difference between cash coming into the business and cash going out of the business. For example, if the company allows far too lenient credit sales terms, customers do not pay on time, which could cause cash to come in too slowly. That's why the __________ is a key financial statement of any business.

Answers

Answer: cash flow

Explanation:

Cash flow refers to the net amount of cash and cash equivalents which is being transferred into and out of a business.

The cash flow is an important financial statement of any business. It's vital for all businesses to keep a watch on their cash flows. This is vital in knowing if the business is making a profit or loss.

Masterson Company's budgeted production calls for 71,000 units in April and 67,000 units in May of a key raw material that costs $1.85 per unit. Each month's ending raw materials inventory should equal 20% of the following month's budgeted materials. The April 1 inventory for this material is 14,200 units. What is the budgeted materials purchases for April

Answers

Answer:

70,200 units

Explanation:

Calculation to determine the budgeted materials purchases for April

Using this formula

Budgeted material needed for april=April budgeted production calls +

+ (Ending inventory*Ending inventory percentage)- Beginning inventory

Let plug in the formula

Budgeted material needed for april= 71,000 + (67,000*20%) -14,200

Budgeted material needed for april= 71,000 + 13,400-14,200

Budgeted material needed for april= 70,200 units

Therefore the budgeted materials purchases for April is 70,200 units

A mechanic sued his former employer in federal court, claiming that the employer had discharged him because of his age in violation of federal law. The employer answered, denying the claims and promptly moving for summary judgment. In support of the motion, the employer attached the mechanic's employment evaluations for the past three years, which rated his skills and performance as poor and culminated in a recommendation for his discharge. What is the mechanic's best argument to defeat the summary judgment motion

Answers

Answer:

The essential facts are unavailable to the mechanic and therefore discovery is required. (Civil Procedure-Motions)

Explanation:

In United States law, the motion to be considered as the procedural device so that it brings the limited and contested issue prior a decision could be taken by the court. It is the request that made to the judge for making out the decision for the case also the party that oppose to the motion should be the non-moving party

So as per the given situation, the important facts are not available to the mechanic and so the discovery is needed

You work for Dr. Zhang, the autocratic dictator of Zhouland. After taking an economics course, you decide that devaluing your currency (Zhoullars) is the way to increase GDP. Following your advice, Dr. Zhang orders massive increases in the supply of Zhoullars, which reduces the value of Zhoullars in world markets. Use the AD-AS model and assume the economy was in long-run equilibrium before this change. Remember to consider only this change as you determine your answers. In the short run, the policy will cause the price level to __________, real GDP to __________, and the unemployment rate to __________.

Answers

Answer: increase; increase; decrease.

Explanation:

Since there's an increase in the supply of Zhoullars, which then reduces the value of Zhoullars in world markets, this will result in the increase in the price level.

The increase in price will be due to the fact that there's more money in circulation as this will lead to inflation. Also, the real GDP will increase as there's more money in circulation to purchase goods and services. This will lead to reduction in unemployment too

You are the CEO of a home appliance manufacturing company and have recently undertaken a review of your company's strategy. In comparing your stock market valuation to that of your closest competitor, you note that your firm is currently valued at $50 billion, while your competitor is valued at $40 billion. How should you proceed?
A.Consider this evidence of a sustainable competitive advantage and maintain your current strategy
B. Compare the current valuations with past valuations to determine a trend
C. Assume your current strategy has failed and begin to formulate a new one
D. Compare your valuation to firms in another industry.

Answers

Answer:

The correct answer is the option B: Compare the current valuations with the past valuations to determine a trend.

Explanation:

To begin with, in the field of business managent when it comes to terms of analyzing strategies that lead the organization in its market value the most important thing to do is to find trends that will compass tasks or ways of action that the company has so that they will know if they are in the correct path growing and how the strategy should continue going or change. Because if you keep the same strategy then maybe the context will change or a fortuite case will appear and harm the organization's strategy so that will indicate that you will have to change that. Therefore that seeking for trends in the history of the company's strategies and to see what has been going well

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