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kkurt [141]
2 years ago
9

A boat-cleaning company needs to increase its number of clients. It walks through segmentation and targeting exercises and disco

vers that the identified target segment is not addressed in its current marketing mix. What question were they trying to answer by conducting targeting and segmentation activities?
Business
2 answers:
UkoKoshka [18]2 years ago
7 0

Answer:

What am I trying to sell

Explanation:

sertanlavr [38]2 years ago
5 0

Marketing of a boat cleaning company needs to account for targeting a segment of population that owns boats.

Explanation:

Here, in simple terms, the marketing strategy is missing the people it was supposed to target for their marketing.

The company working in the niche has to target boat owners specifically, which the marketing fails to do.

<u>Segmentation is an activity in which a wide net of marketing population is marketed to and then the clients are filtered out.</u> This is not a very effective method but it was essentially trying to <u>find which people look out for the service the company provides.</u>

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Karolina [17]

Answer:

i just need points

Explanation:

8 0
2 years ago
Patrick Company expects to generate freeminuscash of​ $120,000 per year forever. If the​ firm's required return is 12​ percent,
photoshop1234 [79]

Answer:

$6.3 per share

Explanation:

There are two method of Valuation of the firm

  • Weighted average cost of the capital (WACC)
  • Free cash flow to equity (FCFE)

We have to calculate the value of the firm using FCFE. Free cash flow to equity (FCFE) is the amount of cash flow generated by the business and potentially available for distribution among the stockholders.

Value of firm = Free cash flow / required rate of return = $120,000 / 12% = $1,000,000

Market value of Equity = Total value of firm - Market value of Debt - Market value of Preferred share

Market value of Equity = $1,000,000 - $300,000 - $70,000 = $630,000

Value of​ Patrick's stock = Market Value of equity / shares of stock outstanding = $630,000 / 100,000 = $6.3 per share

4 0
2 years ago
Howie’s Carpet World has just received an order for carpets for a new office building. The order is for 4,000 yards of carpet 4-
Murrr4er [49]

Answer:

the question is missing the part of the cutting patterns required:

  1. 4,000 yards of 4 ft wide carpet
  2. 20,000 yards of 9 ft wide carpet
  3. 9,000 yards of 12 ft wide carpet

2) in order to obtain the 20,000 yards of 9 ft wide carpet, the company must purchase 10,000 yards of 18 ft wide carpet = (10,000 / 100) x $1,400 = $140,000

1) if you buy 1,000 more yards of 18 ft wide carpet, you will be able to get the 4,000 yards of 4 ft wide = (1,000 / 100) x $1,400 = $14,000.

You could also purchase 1,400 yards of the 12 ft wide carpet (you will also get the 4,000 yards that you need) at the same cost = (1,400 / 100) x $1,000 = $14,000

3) finally you must purchase 9,000 yards of 14 ft wide carpet to get the remaining 9,000 yards of 12 ft wide carpet = (9,000 / 100) x $1,000 = $90,000

total cost = $140,000 + $14,000 + $90,000 = $244,000

5 0
2 years ago
Which statement best describes the current price for the good shown in this
Marina86 [1]

Answer:

The Current price will result in a low supply for the good.

Explanation:

5 0
1 year ago
Lucia is using cost-volume-profit analysis to predict profits for a new product line. Which of the following reflect how Lucia’s
tino4ka555 [31]

Lucia’s analysis is subject to assumptions because(c) The analysis lacks validity if the total fixed costs required for the calculated break-even point generates too low of capacity.

Explanation:

Cost-volume-profit analysis is used to make short-term decisions.

Cost-volume-profit (CVP) analysis is used to study the changes in cost and volume and how its impact on the company's operating income and net income.

While  performing <u>Cost-volume-profit (CVP) analysis</u>  several assumptions are made like assuming the  Sales price per unit to be  constant. Variable costs per unit  to be constant.

The five basic component of CVP analysis includes

  • volume or level of activity
  • unit selling price
  • variable cost per unit
  • total fixed cost
  • sales mix.

5 0
2 years ago
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