The objective of this assignment is to develop a new product and create a marketing plan for the Fijian marketplace. The assignment requires students to design and present a marketing report, showcasing their ability to develop a marketing plan and apply their knowledge gained during lectures and tutorials.
The main body of the marketing plan should include product marketing objectives, the 4P's of marketing (Product, Promotion, Price, and Place), and customer analysis with a focus on market segmentation, target markets, and positioning. In this assignment, students are tasked with developing a new product or modifying an existing one for the Fijian market. They need to define the marketing objectives for their product, such as launching the product, increasing volume, expanding market share, or maximizing revenue and sales.
The marketing plan should cover the 4P's of marketing. Under the Product aspect, students need to provide a detailed description of the product's development, including its brand name, features, benefits, packaging, labeling, and environmental safety considerations.
For Promotion, students should outline advertising and marketing promotional strategies, including product launch details, such as advertising, sales promotion, public relations, and personal selling.
The pricing strategy needs to be clearly described under Price, including list price, discounts, allowances, payment period, and credit terms.
Under Place, students should discuss the distribution strategy, whether it is direct or indirect distribution, involving channel intermediaries, wholesalers, direct selling to customers, logistics, transportation, and inventory management.
Finally, the marketing plan should include a customer analysis, identifying target markets and discussing the bases for market segmentation. Students should explain how they selected a particular segment and detail the positioning strategy for their product in the identified market segment.
By addressing these requirements, students will demonstrate their ability to develop a comprehensive marketing plan for their chosen product in the Fijian marketplace.
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You are creating a budget for your new business. What should you include?
A. All income and expenses.
B. Fixed expenses but not income.
C. Income but not variable expenses.
D. Fixed and variable expenses but not taxes.
Answer:
A
Explanation:
You should include all income and expenses because you need to know the value of the business and the amount of money you'll have to spend after you have deducted all the expenses and added all the incomes of the business.
according to organizational theory, conflict stems from a mismatch of any of the following agency bases except
According to organizational theory, conflict stems from a mismatch of any of the following agency bases except
Conflict is a natural occurrence in organizational settings, but it can be managed through effective communication, conflict resolution strategies, and clear agency bases to ensure all parties involved have a clear understanding of their roles and responsibilities.
The organizational theory explains conflict as a disagreement between individuals or groups within a business setting. The main reason for conflict is due to a mismatch of agency bases.
Agency theory explains the relationship between the owner (principal) and the agent (employee). When this relationship is not clearly defined, it leads to conflicts. Below are the types of agency bases that contribute to conflict;
Role conflicts refer to the conflicting expectations of different roles that the employee holds in the organization. These expectations cause stress, confusion, and ambiguity, which leads to conflict.
Role conflict may arise when an employee is given two or more assignments that require different skills and abilities, and the employee is not sure which one to prioritize and focus on.
Goal conflicts occur when employees are assigned different goals that are in contradiction with each other. For example, the sales team may have a target to sell a specific product in a particular region, while the production team may have a target to reduce costs.
This can lead to conflicts because the two teams have different goals that do not support each other. Resource conflict This is a situation where there is a limited resources such as money, time, and space. In most cases, this type of conflict arises when employees compete for resources that are not enough to satisfy their needs.
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Explain how the Fed's monetary policy affects the unemployment level. The Fed's monetary policy -Select- interest rates, which affect the cost of borrowing by households and businesses which in turn, -Select- the demand for products and services. The aggregate demand for products and services -Select- the number of people employed by businesses and therefore -Select- the unemployment level.
Answer:
17
Explanation:
Jake, a businessman, filed for bankruptcy and was declared insolvent by the courts. He owed $15,000 each to two creditors and $5,000 each to two others. The courts also decreed that he should sell his house worth $30,000, to pay his debts. Which of the following is legally permissible in this scenario?
a. Jake is entitled to sell his house and pay the creditors he owes the least amount of money to.
b. Jake is entitled to sell his house and pay whomsoever he chooses.
c. Jake is entitled to sell his house and pay the creditors he owes the maximum amount of money to.
d. Jake is entitled to sell his house and pay the creditors on a pro-rata basis.
Answer:
Option D is the best which state that Jake is entitled to sell his house and pay the creditors on a pro-rata basis
Explanation:
Based on the information given about Jake in which we were been told that Jake owed the amount of $15,000 each to two of his creditors and another amount of $5,000 each to two others creditors we can vividly say that Jake is entitled to sell his house which worth the amount of $30,000 and pay the creditors on a pro-rata basis by given the amount he owed to one of the creditors based on to their share of the total or whole amount .
Major sources of foreign direct investment in terms of frequency and dollar amount are Group of answer choices fair trade programs. startup organizations. venture capitalists. transnational corporations. microfinance.
Venture capitalists are the main sources of foreign direct investment in terms of frequency and dollar amount.
What are Venture Capitalists?Corresponds to the purchase of businesses through shareholding, whose purpose is to increase the value of shares for subsequent exit.
Therefore, the venture capitalists provides an equity fund for companies with high growth potential, supporting their development with the aim of achieving substantial return on investment (ROI).
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In what three ways does the government affect production of goods and services in the US economy?
What do you think it means that your money is FDIC/NCUA insured up to $250,000
I believed that my deposit money is insured up to $250,000 by FDIC/NCUA because it is a legal banking requirement.
What is the banking requirement?The insurance of deposit is necessary to prevent to banks from huge liability incase they lose their customer's deposit because of theft, fraud etc
In conclusion, I believed that my deposit money is insured up to $250,000 by FDIC/NCUA because it is a legal banking requirement.
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They have fixed costs of £200 per month Each item's raw materials cost £50 The items sell for £150 each
What is the Break Even Point for the business?
Answer:
2 unit
Explanation:
The break-even point is that point at which a business makes no profit after settling all the necessary fixed cost for the period. It is the point preceding profit making at which costs are recovered
It is calculated by dividing the fixed costs with the sales revenue less the variable cost per unit of an item.
Workings
Fixed cost = 200
Selling price = 150
Variable cost = 50
Break even point = 200/(150-50)
=2 units
Any sales below this ends up in a loss as the fixed cost will not be fully recovered.
During the _____ stage of the business cycle, high unemployment begins to decline and the total disposable income of consumers increases.
Answer: I'm pretty sure the answer is recovery
Explanation:
because the cycle goes Prosperity, recession, depression, recovery
We can hire the best economist in the country, give them enough resources to find the best point of production on a PPC. True False
False. Hiring the best economist and providing resources can help in analyzing production possibilities, but determining the best point on a production possibilities curve (PPC) involves trade-offs and subjective factors that go beyond expertise and resources.
While hiring the best economist in the country and allocating resources can contribute to analyzing production possibilities, identifying the "best" point on a production possibilities curve (PPC) is not solely dependent on their expertise and resources.
PPC illustrates the maximum combinations of two goods that can be produced with limited resources and technology . Determining the optimal point on the PPC involves considering various factors such as consumer preferences, market demand, opportunity costs, efficiency, and external factors like government policies and technological advancements.
Even with the best economist and abundant resources, determining the "best" point on the PPC requires subjective judgments and trade-offs. It may involve considering factors like maximizing output, minimizing costs, achieving sustainability, or meeting specific goals and objectives. Different stakeholders may have different perspectives on what constitutes the "best" point on the PPC, based on their priorities and objectives.
, while economists and resources can contribute to analyzing production possibilities, the determination of the best point on a PPC involves subjective factors and trade-offs that go beyond expertise and resources alone.
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what should be your first step in the career preparation process? a. job shadowing. b. self-reflection. c. writing an elevator pitch. d. talking to industry professionals. 2 points first question previous question question 20 of 50 next question last question
Self reflection is the first step in the career preparation process. Option (b) is correct.
What do you mean by Profession?Any job that requires specialized training or a specific ability, frequently one that is recognized because it requires a high degree of education is known as profession.
During the career planning phase, you determine your desired professional path and the steps necessary to achieve it. You decide what steps you need to take to achieve your short-, medium-, and long-term career goals.
Therefore, Option (b) is correct. Self reflection is the first step in the career preparation process.
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For the following sinking fund, calculate its average life. Face Value: $100 million Maturity: 10 Years Mandatory Sinking Fund Payments: Years 5 & 7: $25 million
The average life of the sinking fund is approximately 6.16 years.To calculate the average life of a sinking fund, we need to consider the timing and amount of each sinking fund payment.
Given:
Face Value: $100 million
Maturity: 10 years
Mandatory Sinking Fund Payments: Years 5 & 7: $25 million
To calculate the average life, we will assign a weight to each sinking fund payment based on its timing. We will consider the midpoint of each year as the timing point.
Year 5 sinking fund payment: Weight = (5 + 5.5) / 2 = 5.25
Year 7 sinking fund payment: Weight = (7 + 7.5) / 2 = 7.25
To calculate the average life, we use the formula:
Average Life = (Sum of (Weight * Time)) / (Sum of Weight)
Average Life = ((5.25 * 5) + (7.25 * 7)) / (5.25 + 7.25)
Average Life = (26.25 + 50.75) / 12.5
Average Life = 77 / 12.5
Average Life ≈ 6.16 years
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OJT is best for large groups.
True
False
-1 Name the Act that makes provision for employees to improve their work performance.
An emotional response that can take various forms such as feelings of regret, fear, or anxiety is:
A) Saturday-morning syndrome
B) buyer's high
C) buyer's remorse
D) closing reluctance
E) closing reserve
The emotional response that can take various forms such as feelings of regret, fear, or anxiety is buyer's remorse (option C). Buyer's remorse refers to the feelings of regret, anxiety, or unease that a person may experience after making a purchase.
It typically arises when a buyer questions or doubts their decision and may be accompanied by thoughts such as "Did I make the right choice?" or "Should I have spent my money differently?"Buyer's remorse can stem from a variety of factors, including a perceived discrepancy between the expectations and the actual experience of the product or service, concerns about the financial impact of the purchase, or the fear of making a wrong decision. It is a common phenomenon that occurs across various purchase situations, ranging from small everyday purchases to significant investments.
The emotional response of buyer's remorse can manifest differently for different individuals and can be influenced by factors such as the significance of the purchase, personal financial circumstances, and individual predispositions. Marketers and businesses often strive to address and alleviate buyer's remorse by providing clear product information, offering return or refund policies, and ensuring positive customer experiences to minimize the likelihood and intensity of these negative emotions.
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100 points. The owner of this credit account needs to make a $5,000 medical payment and doesn't have enough in his or her other accounts. Describe at least one option available to the owner.
Line of credit : $3,000.
Available credit: $2246,63
Answer:
transfre the money
Explanation:
Question 8 A cup of coffee with cooling constant k=-0.11 per minute is placed in a room at temperature 19°C. If the coffee is served at 91°C. how long will it take to reach a 10 points Save Ane drinking temperature of 66°C? 6.7 minutes 5.4 minutes 4.9 minutes 3.9 minutes
The correct option is C, 4.9 minutes. Time taken to reach drinking temperature of 66°C is 4.9 minutes.
The temperature of coffee is initially 91°C and the temperature of the room is 19°C.
So, the initial temperature difference will be, 91°C - 19°C = 72°C.
The cooling constant of coffee, k = -0.11 per minute.
The temperature of the coffee will decrease exponentially, which can be modelled using the formula,
T = T0 e^(kt)
where T0 is the initial temperature of the coffee,
T is the temperature of the coffee after t minutes, and
e is the mathematical constant approximately equal to 2.71828.
Plugging in the values of T0, k, and T, the above formula can be rewritten as,T/T0 = e^(kt)
Solving for t, we get:
t = ln(T/T0) / k
where ln is the natural logarithm function.
We need to find the time taken to reach a drinking temperature of 66°C, which means T/T0 = 66°C / 91°C = 0.725.
Thus,t = ln(0.725) / k = 4.9 minutes (approx)
Therefore, the time taken to reach drinking temperature of 66°C is 4.9 minutes.
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whether the economy is in a recession is illustrated in the ad/as model by how close the _____________________ is to the potential gdp line.
Answer:
The answer is equilibrium
Explanation:
Whether the economy is in a recession is illustrated in the ad/as model by how close the equilibrium is to the potential gdp line.
Mary's baby was born at 28 weeks, and now part of her medical care includes massage several times a day.What are the benefits of the massage?
The benefits of massage for Mary's baby born at 28 weeks include improved weight gain, enhanced motor development, and reduced stress levels.
Massage therapy has been shown to have numerous positive effects on premature infants. One of the main benefits is improved weight gain. Regular massage can stimulate the release of growth hormones and increase the production of insulin, leading to better weight gain in premature babies. Additionally, massage can help enhance motor development by promoting muscle strength, coordination, and flexibility. It can stimulate the nervous system and encourage the development of motor skills.
Furthermore, massage therapy can help reduce stress levels in premature infants. Premature babies often experience high levels of stress due to their early entry into the world and the unfamiliar environment of the neonatal intensive care unit. Gentle massage techniques can provide comfort and relaxation, soothing the baby's nervous system and promoting better sleep patterns.
Overall, incorporating massage therapy as part of Mary's baby's medical care can offer various benefits, including improved weight gain, enhanced motor development, and reduced stress levels.
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What are some alternatives to Bankruptcy? (Select All that Apply)
Group of answer choices
Using your Credit Card for a cash advance
Obtaining help from consumer credit counseling
Having a friend or family member Co-sign for an auto loan
Reduction of payments
Payment of debts by selling or borrowing on property
Out of court settlement
Securing a Payday Loan
Answer:
obtain help from consumer credit counseling, reduction of payments
If the marginal benefit of the first donut is 30, the marginal benefit of the second donut is 15, and the marginal benefit of the third donut is 10,
what is the total benefit from eating 2 donuts?
Answer:
45
Explanation:
Marginal benefit is the additional satisfaction gained from consuming an additional unit of the good. It refers to the advantage associated with the consumption of one more unit of a product. The total benefit is total satisfaction derived from the consumption of goods and services.
The total benefit of consuming two doughnuts is the sum of consuming the first two doughnuts.
= 30 +45
=45
then impact of risky behaviour on one's well-being by referring to social,emotional,physical and spiritual
The Profit Margin is calculated by
using which of the following?
A. Statement of Equity
B. Income Statement
C. Revenue Statement
Answer:
Explanation:
B. Income Statement
the types of companies that make particularly attractive acquisition targets when employing an unrelated diversification strategy are
The types of companies that make particularly attractive acquisition targets when employing an unrelated diversification strategy
are those that operate in different industries or have diverse product/service offerings. These companies can bring complementary expertise, resources, and customer bases to the acquiring company, reducing its reliance on a single industry or market. By diversifying into unrelated industries, the acquiring company can mitigate risks associated with economic fluctuations or industry-specific challenges, and potentially unlock new growth opportunities. Additionally, acquiring companies with strong management teams, established brand recognition, and scalable business models can further enhance the attractiveness of such acquisition targets for unrelated diversification strategies.
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Which of the following is NOT an organization to protect consumers?
The American Red Cross
The U.S. Food and Drug Administration
Federal Trade Commission
Better Business Bureau
Answer:
It might be D- whic
With respect to data warehousing, appraise at least two (2) approaches in data warehouse design that supports quality data management from varying sources, processing/storage of data throughout the warehouse model, and meaningful output into the presentation layer. Summarize your recommendations in the executive summary.
Two approaches in data warehouse design that support quality data management, processing/storage of data, and meaningful output are the Kimball and Inmon approaches.
The Kimball approach is a widely adopted methodology for data warehouse design. It emphasizes dimensional modelling, which involves organizing data into fact tables (containing numerical measures) and dimension tables (describing the context of the measures). This approach enables easy navigation and query performance, as well as the integration of diverse data sources. It also promotes iterative development, allowing for incremental updates and adjustments to the data warehouse model.
The Inmon approach, proposed by Bill Inmon, emphasizes a centralized data repository called the "data warehouse." It prioritizes data integration and normalization, ensuring consistency and accuracy. The Inmon approach focuses on capturing detailed data from various sources and transforming it into a common structure for analysis and reporting. This approach supports complex querying and analysis but may require more storage and processing resources due to the normalized data structure.
Both approaches have their merits and considerations. The Kimball approach excels in quickly delivering meaningful output, enabling iterative development and user-driven design. On the other hand, the Inmon approach provides a comprehensive and integrated view of the data, facilitating complex analysis and ensuring data consistency.
Ultimately, the choice between the Kimball and Inmon approaches depends on factors such as the specific requirements of the organization, the complexity of data sources, and the desired outputs. A combination of both approaches may also be considered to achieve the best outcomes in data warehouse design and management.
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The required sample size needs to be changed depending on the known population standard deviation σ. Suppose the maximum error estimate remains the same. Answer the following questions about how the sample size needs to be changed. a. In case the population standard deviation is tripled b. In case the population standard deviation is halved
The required sample size needs to be increased if the population standard deviation is tripled and decreased if the population standard deviation is halved, while maintaining the same maximum error estimate.
When estimating a population parameter, the sample size required for a given maximum error estimate depends on the variability of the population. A larger standard deviation means more variability, which requires a larger sample size to achieve the same level of precision. If the population standard deviation is tripled, the required sample size will need to be increased to achieve the same level of precision. Conversely, if the population standard deviation is halved, the required sample size will be decreased. It is important to note that while increasing the sample size can improve precision, it also increases cost and time. Therefore, it is important to carefully consider the appropriate sample size for a given study.
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The closing of a routine reply or positive message should (1 point)
O clearly state who will do what next.
explain the reasons for any negative information you have included.
O offer an explanation for why this decision was made.
O all of the above
what are the building blocks of a personality select all that apply A. emotional qualities B, ethnic identity
Answer:
A
Explanation:Bcause ethnic identity should not determine youre personality. Many peoplefrom the same ethic identity may have different personalities.
Answer:
emotional qualities, ways of behaving
Explanation:
correct on quick check.
3. Jang, a resident of Washington (which imposes a general sales tax), goes to Oregon (which does not impose a general sales tax) to purchase his automobile. Will Jang successfully avoid the Washington sales tax
Jang may not successfully avoid the Washington sales tax by purchasing the automobile in Oregon.
To determine if Jang can avoid the Washington sales tax, we need to consider the concept of sales tax nexus and use tax. Sales tax nexus refers to the connection between a seller and a state that determines whether the seller is required to collect and remit sales tax on a transaction.
In this case, Jang is a resident of Washington, which means he has sales tax nexus with the state. Even if he purchases the automobile in Oregon, he may still be liable to pay the use tax in Washington, which is a tax on the use, storage, or consumption of tangible personal property. While Oregon does not impose a general sales tax, Washington has a use tax provision that requires residents to report and pay taxes on out-of-state purchases if they are subject to use tax.
If Jang brings the automobile to Washington and uses it within the state, he may be required to pay the use tax on the vehicle based on its value. Therefore, Jang may not successfully avoid the Washington sales tax by purchasing the automobile in Oregon. It is important for Jang to consult with tax professionals or authorities to understand the specific rules and regulations regarding sales tax and use tax in Washington and Oregon.
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