Which of the following is NOT an element of the marketing mix? a. Distribution b. Pricing c. Target Market d. Product

Q: What assumption is usually made concerning sales mix inCVP analysis?

A: Sales mix: A proportion of two or more products sold by the company to maximize the profit, that…

Q: Define the term sales mix.

A: The sales mix is a calculation that determines the proportion of each product a business sells…

Q: What are some tactical and strategic retail customer considerations?

A: Strategic management or business management is the science, art, and craft of preparing,…

Q: Critique one aspect of each of Lululemon’s marketing mix strategies.   Product Strategy Market…

A:

Q: Trace the development of the marketing concept and how it is implemented.

A: Marketing concept is defined as the preoccupied along with an idea of the satisfying the requirement…

Q: Identify any two potential drawbacks that purchasing manager could face given their choice of…

A: The sourcing process encompasses all activities centered on identifying and evaluating possible…

Q: The primary objective of a transfer pricing system/scheme/policy is to motivate segment managers to…

A: internal transfer can be between the division or between the related companies.

Q: Describe following:* Market approach* Income approach* Cost approach

A: Market Approach:   Market approach is a method used to assess the value of an asset depending on the…

Q: Can a company use a target pricing model without a follow-on cost-savings sharing agreement? Why or…

A: Target price is the price at which the stock future price is estimated grounded on earnings…

Q: How is standalone selling price defined?

A: Performance Obligation: Performance obligation refers to the obligation that the seller to provide…

Q: Explain the difference between market-based transfer prices and cost-based transfer prices.

A: Market based Transfer Price and Cost Based Transfer Price: Transfer pricing refers to the rules and…

Q: A decision about one product is said to have ________ effects when a change in the sales of one…

A: A decision about one product is said to have ________ effects when a change in the sales of one…

Q: Define the term make-or-buy (or outsourcing) analysis?

A: Make or buy: purchasing of goods from the outside vendors is called outsourcing.

Q: Sales pricing decisions do not usually consider A - total product absorption costs B - costs of…

A: Sales pricing decisions are related to the costs and price related to the entity.

Q: Which of the following is an advantage of using cost-based transfer prices? Multiple Choice Such…

A: Cost based transfer pricing is a costing method where the selling cost of the product is based on…

Q: Explain the Sales Comparison Approach?

A: Sales comparison approach is comparative market analysis that compares a property to other…

Q: What questions should managers answer when considering special pricing orders?

A: Definition:   Special Pricing: When businesses get Special orders from its customers for bulk…

Q: What is meant by the term sales mix? What assumption is usually made concerning sales mix in CVP…

A: Sales mix of a product is the proportion of a product sales in overall sales of the company. A…

Q: When companies are price-setters, their products and services a. are priced by managers using a…

A: Definition:   Price-setter: Price-setter is a company that acquires control over the prices of its…

Q: What is meant by the term sales mix?

A: Sales Mix: Sales mix is the relative proportion or ratio of a business's products that are sold.…

Q: What are the 4 P's in the Marketing Mix?

A: Marketing Mix: The marketing mix is a crucial tool to help understand what the product or service…

Q: Identify and briefly discuss the ways to conceive how advertising works in the framework of…

A: In a monopolistic competition, there are many firms selling similar but not identical products. It…

Q: What is the normal sequence in performing top down security analysis? A-competition, consumer…

A: INTRODUCTION The top-down approach is a very important approach which is used in the fundamental…

Q: What is the perform

A: one of the objectives of transfer pricing is to performance evaluation and improve the same . fair…

Q: Explain how negotiation between the supplying and buying units may be used to set transfer prices.…

A: Cost accounting is the branch of accounting that inspects the cost structure of a business. This…

Q: Why is there often a conflict between the performance evaluation and cost-minimization objectives of…

A: SOLUTION- TRANSFER PRICING   IS THE ACCOUNTING PRACTICE THAT REPRESENTS THE PRICE THAT ONE DIVISION…

Q: What are the forces in the marketing environment? How much control does a marketing manager have…

A: Forces of marketing environment: there are two types of forces in the marketing environment. One…

Q: Discuss (i). The notions and purposes of CVP Analysis, and (iii) The Components of CVP Analysis…

A: The behavior of profits in response to a change in cost and volume is explained by Cost Volume…

Q: The three common approaches to setting transfer prices include: the _____ price approach, where the…

A: There are three approaches, cost, market and negotiated.

Q: Describe the residual distribution model. Explainhow it operates and how firms use it in practice.…

A: The technique used by the companies to estimate the amount of dividend it will pay to the…

Q: what are the advantages of calculating a supplier performance index?

A: Supplier Performance Index: A supplier performance index is used to determine the total cost of…

Q: Discuss it in your own understanding and then give example each of the following:   Tangible and…

A: 1.Tangible and Intangible Tangible is something which a person can see, feel or touch and thus…

Q: Does the information provided by activity-based pricing serve its intended purpose? Include specific…

A: The costing and monitoring of activities and the pricing of outcomes are done using movement-based…

Q: When is it more appropriate to use market-based transfer price rather than cost-based transfer…

A: Transfer pricing:- Its the price at which one unit of a company sells goods to its another unit.…

Q: Which of the following marketing concepts believes that consumers will not buy enough of the…

A: The answer is Selling Concept