a marketing plan is an important tool for communicating details of the marketing functions. what else is the marketing plan used for?

Answers

Answer 1

Answer:

to attract customers or other buissness man that might want to invest

Answer 2

A marketing plan is used in order to attract customers or other businessman that might want to invest.

What is a Marketing plan?

A marketing plan may be included as part of a larger company plan. A solid marketing strategy is the cornerstone of a well-written marketing plan that will allow goals to be met. While a marketing strategy provides a list of tasks, it is useless to a firm without a solid strategic basis.

A marketing plan is an advertisement strategy that a company will use to sell its product or service. The marketing strategy will assist in determining who the target market is, the best way to contact them, the price point at which the product or service should be marketed, and how the firm will assess its efforts.

Therefore, it can be concluded that a marketing plan is designed to attract clients or other businessmen who may be interested in making investments.

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Related Questions

going to the movies is an example of what types of expenses?

Answers

Discretionary (non-essential) expenses

to decide how much an insurance policy should cost a customer, underwriters use ________, such as historical industry trends and loan characteristics, to predict risk levels.

Answers

To decide how much an insurance policy should cost a customer, underwriters use: Data analytics.

Data analytics can be defined as the systematic computational collection, modelling and analysis of raw data, in order to discover trends, patterns, and draw conclusions about the information that are contained in the data.

An insurance policy can be defined as a contractual agreement between an insurer and an insured (policyholder), in which the claims, terms and conditions binding on both parties are listed in details.

Thus, it is a contract in which an insurer indemnifies an insured (policyholder) against losses in the event of certain dangers or problems.

Underwriting refers to a process through which an insurer determines the risks of insuring a customer and establishing the required cost (price).

Basically, underwriters use data analytics to predict risk levels and determine how much an insurance policy should cost a particular customer. Some examples of the data used by underwriters are:

Loan characteristics.Historical industry trends.

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Explain the importance of the processor as apart of the computer system. ​

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Answer:

Explanation:

The purpose of a computer processor is to do the actual computation done by the computer, which includes managing the computer's memory, handling input from users, sending them output and doing whatever calculations are necessary.

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Its function is to be the brain of the entire operation of the system, being in charge of directing all the tasks carried out by our team and of executing the code of the different programs, often with the joint help of the rest of the components and peripherals.

Which of the following is an example of capital loss?

Answers

what are the options?

Sarah has decided that she never wants to go into debt. Therefore, she only uses her
debit card and cash for purchases. The store where she is planning to purchase a dining
room set charges a 15% annual interest rate for all store credit card purchases. If Sarah
saves up the cash and uses her debit card to purchase her new $1,200 dining room set,
how much will she have to pay in interest?

Answers

The amount that Sarah will have to pay as interest will be $180

Based on the information given, the following can be depicted:

Cost of dining room set = Principal = $1200

Interest rate = 15%

Time = 1 year

The simple interest will be calculated using the formula:

= PRT/100

= (1200 × 15 × 1) / 100

= 18000/100

= 180

Therefore, based on the calculations above, the interest that'll be paid by Sarah is $180.

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List five internal factors that influence a sales forecast.

Answers

Answer:

The internal factors such as plant capacity, quality, price, advertisement policy, resources, etc., of the enterprise affect the sales forecasting of the enterprise.

Explanation:

These factors can very well be controlled by the business enterprise itself.

Jacqui decides to open her own business and earns $90,000 in accounting profit the first year. When deciding to open her own business, she withdrew $20,000 from her savings, which earned 3 percent interest. She also turned down three separate job offers with annual salaries of $30,000, $40,000, and $45,000. What is Jacqui's economic profit from running her own business

Answers

Jacqui's economic profit from running her own business is: $44,400

Using this formula

Economic profit =(Accounting costs - Implicit costs)

 

Where:  

Accounting profit = $90,000

Implicit costs=($20,000 x 3%) + $45,000

Let plug in the formula

Economic profit=$90,000-[($20,000 x 3%) + $45,000]

Economic profit=$90,000-($600+$45,000)

Economic profit=$90,000-$45,600

Economic profit=$44,400

Inconclusion Jacqui's economic profit from running her own business is: $44,400

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advantage of running a business with someone and disadvantage​

Answers

advantages are you can split the workload and the costs between the two of you, but the disadvantages are more prone to infighting, and you have to split the profit

in the past, kohl’s has been losing sales to amazon. why then would it enter into a partnership with one of its most fierce competitors?

Answers

Kohl’s will want to enter into a partnership with Amazon with hopes of increasing its store traffic by bringing Amazon customers in.

Partnership is basically the coming together of two of more companies or individual with a common goal.

Let bear in mind that Partnership is different from Acquisition or Merger because each owner is entitled to their share of profit.

Through this partnership, Kohl's and Amazon will both benefit from the arrangement.

Currently, Kohl's has a large number of physical stores which Amazon has no access to. So therefore, Kohl's will benefits from Amazon's strong online customer base.

Therefore, Kohl’s will want to enter into a partnership with Amazon with hopes of increasing its store traffic by bringing Amazon customers in.

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if gdp is $15 trillion, consumption is $9 trillion, government spending is $2 trillion, investment is $3 trillion, and exports are $3 trillion, then imports must be $____ trillion.

Answers

The imports of this country are around $2 trillion.

The GDP of a nation refers to the value of all the final goods and services produced in the country in that year. It is calculated by the formula:

GDP = Consumption + Government Spending + Investment + Exports - Imports

15 = 9 + 2 + 3 + 3 - Imports

15 = 17 - Imports

Imports + 15 = 17

Imports = 17 - 15

Imports = $2 Trillion

In conclusion, the imports are $2 Trillion

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give questions from biology plzz and take free 20 points for that and more after you give question and ill give brainliest

Answers

Answer:

How did evolution ever lead ostriches to hide their head in the sand when an enemy approaches?

Explanation:

HOPE IT HELP

Business studies i need to fill it out

Answers

Answer:

Be completely honest.

Explanation:

the suffix .org is used for domain names of what type of organizations?

Answers

It used by non-profit and trade organizations. For example, "redcross.org" and "change.org". Hope this helps!

which type of workplace discrimination occurs when an organization uses an employment practice that results in unfavorable outcomes to a protected class?

Answers

Answer:

searchhhh mo saaa

Explanation:

GOOoogle

Two homebuilders are building homes in nearby subdivisions. One is offering 2,500-square-foot homes with two-acre yards. The other is offering a similarly sized house with quarter-acre yards. The builder offering the smaller lots cannot keep up with demand. The builder offering the larger lots has several unsold houses. The builder with the larger lots could use ____ to determine why his homes are not selling.

Answers

Answer: estimation

Explanation:

As per the given situation, Proactive customer monitoring might be used by the builder with the bigger lots to figure out why his homes aren't selling.

What is Proactive customer monitoring?

The goal of proactive monitoring is to proactively seek out possible problems before they become serious obstacles for their company. Because proactive monitoring foresees problems, one  can deal with them before an application crashes or performance degrades.

Homes are being constructed in surrounding communities by two homebuilders. One presents homes with two-acre yards that are 2,500 square feet in size. The other is providing a home with a similar size and quarter-acre yards.

The smaller lots are being offered by a builder who is unable to meet demand. The developer who is offering the larger lots has a number of unsold homes.

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John has just paid off the full balance of his credit card. What happens to the
debt?

a. John will be paid an interest
b. It is added back to his credit limit to be used again
c. His credit limit will be increased
d. It remains a debt

Answers

Answer:

I think the answer is B. If It's correct please give the brainliest award.

John has just paid off the full balance of his credit card. It is added back to his credit limit to be used again. Thus the correct option is B.

What is a credit card?

A credit card is referred to as plastic money that allows an individual to do shopping or buy products above the limit of credit cards by borrowing from the bank.

When an individual paid off the full balance of his credit card. It gives a good impression on the lender and helps in improving the credit rating of an individual and can allow for ease in accessing loans.

When an individual pays off the full balance that amount is added to the account and the credit limit can be used again. when the payment is not made timely the interest will be charged at a particular rate.

Therefore, option B is appropriate.

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what is the interest rate charged per period multiplied by the number of periods per year called?

Answers

a lot of them i think

Fong, a member of Toronto's Amazon Employees for Climate Justice explains "as employees we are supposed to challenge leadership on what we think is morally right…I don't strike out of of sense of guilt or obligation to anyone else. I strike because I care about this cause and I want to continue to be proud of the organization to which I dedicate my time." Fong likely scores high on which commitment(s) towards his job?

Answers

Answer:

ask a teacher

Explanation:

when you love your job, the opportunity cost of working is _____ the opportunity cost if you dislike your job.

Answers

Answer:

When you love your job, the opportunity cost of working is lower than the opportunity cost if you dislike your job.

Explanation:

There is a relation between liking or not liking your job and the opportunity cost. When a worker is happy, they are more likely to work harder.

If the opportunity costs of working is the same as the opportunity cost if you dislike your job, then you would feel indifferent or ok with your job.

If the opportunity cost of working was higher than the opportunity cost if you dislike your job, then you would likely NOT love your job, but hate  or dislike your job and would want to find another job.

If the opportunity cost of working was lower than the opportunity cost if you dislike your job, then you would likely love or like your job.

What people need to make a phones?

Answers

Answer:

Some electronic gadgets wires and all other stuff

Explain why it is important to maintain good relationships with: a) Colleagues. b) Supervisors. c) Internal clients. d) External clients

Answers

Answer:

c

Explanation:

accumulated depreciation and depreciation expense are classified, respectively, as

Answers

Answer:

Expensive, contra asset

Explanation:

Which person used a cost-saving strategy when deciding how to spend their money?

a. when selecting a new tablet, Rosita carefully read about the features of each model.

b. when purchasing a new jacket, Thao chose the one that was manufactured locally.

c. when choosing which coffee to buy, Ivan chose the brand with the "fair trade" label.

d. when buying a used dirt bike, Fabian negotiated with the seller to get a better deal.

will give brainliest!

Answers

d. when buying a used dirt bike, Fabian negotiated with the seller to get a better deal.
(cost-saving)

The person who used a cost-saving strategy when deciding how to spend their money is the Fabian who negociated with the seller to buy a used dirt bike to get a better deal.

What is cost-saving stategy?

The strategy in which we analysis the basic requirements which are necessary and on which minimum cost can be made in a business

What is a dirt bike?

The bikes which are generally used in dirts to have races or to have friction with the roads with dirts.

Hence, option D is the correct answer

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All of the following are important to consider when deciding if a vocational
school is right for you except
A. the lack of general education,
B. how new the school buildings are.
C. the duration of the program.
O D. the range of career options.

Answers

B. how new the school buildings are

Hope this helps!

Answer:

b.

Explanation:

just took the test

________ is the process of examining data sets in order to draw conclusions about the information they contain.

Answers

Answer:

Data analytics

Explanation:

Literary techniques are ineffective when it comes to speeches.
- True
✅False

Answers

Answer: False? looks like u got it right

Explanation:

What of the following forms the basis for a financial advantage when making a business decision?multiple choiceWhether opportunity costs are presentWhether irrelevant costs and benefits ariseWhether the dfferential benefits exceed the differential costsWhether alternatives exist

Answers

Answer: whether the differential benefits exceed the differential costs

Explanation:

if a business owner becomes aware of a shortage in the market for the good or service he or she produces, he or she is likely to

Answers

Answer:

increase the price

Explanation:

they would increase the price to reduce demand

the first step in the process of organizing a business is to

Answers

Answer:determine the work that needs to be done

Explanation:

External economies of scale occur when average costs of a​ firm: A. rise as the industry grows larger. B. fall as the industry grows​ larger, but may or may not rise as the representative firm grows larger. C. fall as the representative firm and industry grows larger. D. remain constant.

Answers

We are required to explain how external economies of scale occur with a change in average costs of firm

Economies of scale can be defined as the rise in output as cost per unit decrease.

External economies of scale occur when average costs of a firm "fall as the representative firm and industry grows larger."

External economies of scale occur when a industry grows larger and representative firms benefit from lower long-run average costs.

External economies of scale can also be called positive external benefits of industrial expansion.

Therefore, External economies of scale occur when average costs of a firm "fall as the representative firm and industry grows larger."

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