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emmainna [20.7K]
2 years ago
11

Chip Wilson, Lululemon's founder, envisioned creating high-quality sportswear, found low-cost producers, realized sales that exc

eeded those of competitors, established a corporate culture, and formulated a marketing strategy. Of these activities, which would be first and last in the strategic planning process?
Business
1 answer:
Maksim231197 [3]2 years ago
4 0

Answer:

d. envisioning high-quality sportswear and realizing high sales

Explanation:

At the first step of strategic planning process he identifies the opportunity which lies in high quality sportswear.  At the last step execution is done for making the opportunity being realized by achieving the high sales.

Options to the question are: " a. finding producers and establishing a corporate culture ; b. establishing a corporate culture and formulating a marketing strategy ; c. formulating a marketing strategy and envisioning high-quality sportswear ; d. envisioning high-quality sportswear and realizing high sales

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Corey, a supervisor, needs to rate the performance of 20 subordinates. He uses a rating scale to rate them on a scale of 1 to 10
Sonbull [250]

Answer:

central tendency distributional error

Explanation:

There are three types of distributional errors:

  1. severity.- when the person in charge of rating is too strict and rates the employees with a poor grade.
  2. leniency.- when the person in charge of rating is too lenient and rates the  employees with a high grade.
  3. central tendency.- when the person in charge of rating does not want to assume responsibility and rates the employees with a middle grade, not bad, not good.
3 0
2 years ago
The stock of healthy eating, inc., has a beta of .88. the risk-free rate is 3.8 percent and the market return is 9.6 percent. wh
Alexxx [7]
<span>Answer: E(R) = 3.80 + .88(9.60 - 3.80) = 8.90 percent</span>
3 0
1 year ago
Rather than acquire an existing textile manufacturer in Jakarta, FauxFabric Inc. chose to establish new operations in Indonesia.
Arisa [49]

Answer: (A) Greenfield investment

Explanation:

 The greenfield investment is one of the type of FDI ( Foreign direct investment) that helps in constructing the various types of new production facilities in an organization.

The main objective of the greenfield investment process is to making the manage the investor control process and also form different types of opportunities for managing the partnerships in the market.

According to the given question, the Greenfield investment process is helps in establishing the various types of new operation in Indonesia and it is the form of foreign direct investment.

 Therefore, Option (A) is correct answer.

7 0
1 year ago
What happens to the price and quantity of dog treats if the demand for dog treats increases and the supply of dog treats increas
kumpel [21]

Answer:

Demand Increase = Supply Increase : No change in price, quantity increases

Demand Increase > Supply Increase: Price increase, quantity increase

Demand Increase < Supply Increase : Price decrease, quantity increase

Explanation:

Markets are at equilibrium where market demand = market supply. And, upward sloping supply curve intersects with downward sloping demand curve.

If both demand & supply of dog treats increase, the effect on change in price & quantity will depend on their relative magnitude

  • If increase in demand = Increase in Supply : Both the curves shift equivalently rightwards. At new equilibrium -  there is no change in price, as demand increase is fulfilled by supply increase. The equilibrium quantity increases
  • If increase in demand > Increase in Supply : Demand curve shifts more rightwards than supply curve. This creates excess demand & competition among buyers increase the new equilibrium price. The equilibrium quantity also increases.
  • If increase in demand < Increase in Supply : Supply curve shifts more rightwards than demand curve. This creates excess supply & competition among sellers reduce the new equilibrium price. The new equilibrium quantity increases.
7 0
2 years ago
Michael works as a sales representative for an oilfield supply business in West Texas. He sells highly technical safety equipmen
Sphinxa [80]

Answer:

d. the complexity of the product.

Explanation:

Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. The pre-service strategies includes identifying the following target market, design, branding, market research. Thus, it comprises of 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. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.

Personal selling also known as face-to-face selling can be defined as a sales technique or strategy in which the salesperson meets with the potential buyer (customer) for the sole purpose of convincing him or her to buy a product.

For Michael, personal selling works better than other forms of promotion because of the complexity of the product i.e high technicalities associated with the product. The product Michael are highly technical and as such would require guidance or explanation on how to safely use them.

4 0
2 years ago
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