successful entrepreneurial leaders are quick to give credit and recognize good performance, and they always accept more than their share of the blame when things do not work out. True Or False

Answers

Answer 1

The given statement, "successful entrepreneurial leaders are quick to give credit and recognize good performance, and they always accept more than their share of the blame when things do not work out," is true because successful entrepreneurial leaders prioritize humility and accountability,

They also acknowledged the contributions of others and took responsibility for their mistakes.

What is Entrepreneurship?

Entrepreneurship is the practice of establishing and maintaining a business venture to make a profit while dealing with market imperfections in terms of capital, knowledge, and other resources. The development of entrepreneurship is influenced by economic, social, and cultural conditions. Entrepreneurship is commonly associated with risk-taking, a willingness to invest in new ideas, and the creative, innovative ability to imagine new markets, products, or business models.

Characteristics of Successful Entrepreneurial Leaders

Entrepreneurship is a complex field, and successful entrepreneurs come in many shapes and sizes. However, many entrepreneurial leaders share certain characteristics, such as the following:

Vision - they have the ability to think about the future and see possibilities that others cannot.Creativity - they are creative and imaginative, able to think outside the box and generate new ideas.Passion - they are passionate about their business and believe in their ideas.Perseverance - they are persistent and determined to overcome obstacles and see their vision come to fruition.Risk tolerance - they are willing to take risks and be bold, recognizing that failure is a natural part of the entrepreneurial journey.Team-oriented - they recognize the importance of building a strong team around them and developing strong partnerships and alliances. They recognize the value of recognizing and supporting good performance and accepting more than their share of the blame when things do not work out.

Therefore, it is true that successful entrepreneurial leaders are quick to give credit and recognize good performance, and they always accept more than their share of the blame when things do not work out.

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Related Questions

Please help me i’ll mark you brilliant

Please help me ill mark you brilliant

Answers

Explanation:

cash alc dr

to capital alc

to sales alc

furniture alc

Suppose that when you were one year old, your grandmother gave you a shiny silver dollar. Your parents put that silver dollar in a savings account with a guaranteed 9% interest rate and then promptly forgot about it. Round answer to the nearest whole silver dollar. a. Use the Rule of 72 to estimate how much that account will grow to by the time you are 65. ____silver dollars b. Calculate exactly how much you will have in that account using the formula for compound interest._____ silver dollars c. By how many silver dollars do your answers in parts a and b differ?

Answers

Assuming that you are currently 65 years old, the Rule of 72 can be used to estimate how much the account grew over the years. The Rule of 72 is a quick method for estimating the number of years it takes for an investment to double based on its annual rate of return.

To use this rule, divide 72 by the annual interest rate. In this case, the interest rate is 9%, so we divide 72 by 9 to get 8. Therefore, the account would double approximately every 8 years. Since you were one year old when the account was started and you are now 65, that means the account has had 8 doubling periods. So, the account would have grown to approximately 2^8 or 256 times its original value. Thus, the account would be worth approximately 256 silver dollars.
To calculate the exact amount, we can use the formula for compound interest, which is A=P(1+r/n)^(n*t), where A is the ending amount, P is the principal (the initial investment), r is the annual interest rate, n is the number of times the interest is compounded per year, and t is the time in years. In this case, P=1 silver dollar, r=9%, n=1 (since the interest is compounded annually), and t=64 (since the investment was made when you were one year old and you are now 65). Plugging in these values, we get A=1(1+0.09/1)^(1*64), which simplifies to A=1(1.09)^64. Using a calculator, we find that A is approximately 283.44 silver dollars.
The difference between the estimates in parts a and b is approximately 27 silver dollars. (256-283.44=27.44, which rounds to 27 when rounded to the nearest whole silver dollar.)

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Philosophers who have been studying entrepreneurs found that successful entrepreneurs all over the world have some characteristics in common. True or False

Answers

Answer:

TRUE

Explanation:

Answer:

True

Explanation:

It doesn't matter where they are; they are all doing the same thing and therefore have at least some similar characteristics to one another.

a salesperson must travel to five cities to promote a new marketing campaign. how many different trips are possible if any route between cities is​ possible?

Answers

If a salesperson must travel to five cities to promote a new marketing campaign. The number of different trips that are possible if any route between cities is​ possible is 120 routes.

Who is a salesperson ?

A salesperson can be defined as the person who role and responsibility is to market or advertise a company product so as to attract potential customers, thereby increasing sales.

Hence,

Given data:

Number of cities = 5

Now let determine the number of possible route

Number of possible route = 5!

Number of possible route = 120 routes

Therefore we can conclude that 120 routes are possible.

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The closing price of Schnur Sporting Goods Inc. common stock is uniformly distributed between $16 and $26 per share. What is the probability that the stock price will be: a. More than $18

Answers

The probability that the stock price will be more than $18 is 0.8 or 80%

To find the probability of the stock price being more than $18, we need to find the proportion of the range that lies above $18. The portion of the range above $18 is $26 - $18 = $8.

Therefore, the probability of the stock price being more than $18 is given by dividing the portion above $18 by the total range:

Probability = ($8) / ($10) = 8/10 = 0.8 or 80%.

So, the probability that the stock price will be more than $18 is 0.8 or 80%.

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complete question:

The closing price of Schnur Sporting Goods Inc. common stock is uniformly distributed between $16 and $26 per share. What is the probability that the stock price will be: More than $18? (Round your answer to 4 decimal places.) Less than or equal to $18? (Round your answer to 4 decimal places.)

When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must

Answers

When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.

This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.

To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.

Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.

Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.

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Which of the following actions can be considered good business etiquette?
A.
switching your cell phone off before you enter a meeting
B.
keeping your cell phone on low volume before you enter a meeting
C.
setting a pleasant ring tone on your cell phone before you enter a meeting
D.
setting a standard ringtone on your cell phone before you enter a meeting

Answers

The answer is A, switching your cell phone off before you enter a meeting.

Quick! When applying for a job, what are 2-3 things a hiring manager might ask you to send them?

Answers

Answer:

Social security number, birth certificate, and driver's license or state ID.

If you don't have a license then give them your ID.

Explanation:

The document the hiring manager will ask includes the Social security number, Birth certificate and Valid identification card

The hiring manager is the manager who perform the task of Human resources manager because he is responsible for selection process, interview and training of qualified applicant for a job.

Usually, the hiring manager will ask the qualified manager to send him some document after his successful selection to work in the company. They includes

The applicant's social security number. The applicant's birth certificate.The applicant's valid license or identification card.

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yall i just need like 4 sentances of information about retail technology!!!
FIRST ANSWER GETS BRAINLIEST!!

Answers

Answer:

Virtual and augmented reality offer retailers several ways to enhance the customer experience. From browsing products to virtually “trying them on,” extended reality is already in use by many retailers today the information technology investment in the retail sector has increased significantly. IT plays an important role in the management of complex retail operations. Market knowledge, as well as control of data and information is essential to obtain a competitive advantage in the retail sector.Retailers can now closely follow customer trends, helping them figure out which products are attracting customers the most. Technology aids retailers to competitively price their products, by doing research of other markets and their prices as well as their products.

Explanation:

what’s one category you wish fewer taxes were spent on? why?

Answers

I wish less tax money went toward healthcare. While everyone's health is important, I believe there are other social issues that are more pressing and need attention, such as the federal debt or veterans' benefits.

What exactly is a tax?

We engage in financial transactions every day, and taxes play a significant role in those transactions. A portion of the money we spend goes into maintaining the area in which we live, whether it is on groceries, a home, or gas.

Taxes are sums of money that an individual or organization must pay to tax bodies to support public spending. Without expecting anything in particular in return, taxpayers pay taxes in accordance with national tax regulations. Taxes are used by governments to fund internal operations, new infrastructure, public health, education, and security.

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One of the big advantages to a 401(k) plan is that ______. a. 401(k) plans are rare enough that they are very valuable b. the plan automatically increases in value by 500% c. you don't have to pay into a 401(k) with your own money d. the amount you contribute reduces your taxable income

Answers

Answer:

d. the amount you contribute reduces your taxable income

Explanation:

The 401(k) plan is the plan that has the tax advantage in the retirement. It could be opened via the employees, Here the money could be grow at tax-free. In this, if the amount is contributed so it could lowered the tax burden and unless you withdrawn you dont have to pay the tax in the retirement

Therefore as per the given situation, the option d is correct

Answer:

the answer is D

Explanation:

on edge 2020

Question #1
Which of these products is a service?
O Pet food
O Veterinary care
O Grooming brush
O Medication for a pet

Answers

Veterinary care. Due to others being things or objects.

Critique the following statement: “Safety is not important in offices or retail workplaces.”

Answers

Answer:

Safety is important in every workplace. Even in low risk work places, there are certain occupational hazards, like musculoskeletal disorders, including carpal tunnel syndrome and repetitive stress injuries.

Explanation:

The answer the site said after I took it

Answer:

Safety is important in every workplace. Even in low risk work places, there are certain occupational hazards, like musculoskeletal disorders, including carpal tunnel syndrome and repetitive stress injuries.

Explanation:

Sample answer; edge 2021

A corporation is listed as one of the Standard and Poor's 500. That means the company is _____. (Select all that apply.) used as a benchmark for some industry leverage comparisons an energy sector stock is not presently carrying debt publicly traded

Answers

Answer:

used as a benchmark for some industry leverage

Explanation:

Standard and Poor's 500, sometimes known as  S&P 500 is an index for stock market which measures the stock performance of five hundred large organizations that is listed in the stock exchanges of the United States. It is founded in the year 1957.

The S&P lists a group of 500 organizations whose daily average share prices are use to calculate the the index a day's security prices. It is used to benchmark the organization.

A résumé that is converted from a graphic image into text and searched for keywords is a _______.
a.
Print résumé
b.
Web résumé
c.
Electronic résumé
d.
Scannable résumé

Answers

Answer:scannable resume D

Explanation:

The answer is scannable resume.

Résumé that is converted from a graphic image into text and searched for keywords is a Scannable resume.

What is resume?

A resume contain an individual background including education, job experience and certification that is related to a job the individual is applying for.

The resume describes the individual and why the person fit in for the job. Scanning takes a picture of a resume in a clearer form

Therefore, Résumé that is converted from a graphic image into text and searched for keywords is a Scannable resume.

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customer orientation Definition
Customer orientation is a modern business approach adopted by businesses for increasing their sales by satisfying the changing wants and needs of a customer. In this approach, businesses focus more on the customer than the company itself. This approach leads an organization to do better for the consumer in order to retain their customer base.

Answers

Customer orientation is a business strategy that emphasizes the importance of customer satisfaction. It is the practice of focusing on the wants and needs of the customer in developing products, services and experiences that meet or exceed their expectations.

This approach to business involves understanding customer needs, designing products and services that meet those needs, and building customer relationships that foster loyalty and repeat business. Customer orientation enables businesses to create a competitive advantage by providing superior service and value to customers. Ultimately, customer centricity is an essential part of any successful business, as it leads to increased customer satisfaction, loyalty and increased sales.

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A customer calls the support center of a company to get advice on which digital camera is best for her needs. The customer support employee listens to her needs and provides recommendations appropriate for her.

Answers

Answer:be fair and honest with customers

Explanation:

Answer:

Be fair and honest with customers.

the ucc provides that if a firm offer is silent as to the length of time it is irrevocable, then the contract assumes an irrevocability period of .

Answers

The UCC provides that if a firm offer is silent as to the length of time it is irrevocable, then the contract assumes an irrevocability period of 3 months.

The Uniform Commercial Code (UCC), a comprehensive body of law, regulates all commercial activities in the United States. Instead of being a federal legislation, every state has adopted it. Uniformity of law is essential for interstate business transactions.

According to the U.C.C., even when there hasn't been any payment made for the promise, a written and signed offer by a merchant to buy or sell goods that states that it will be held open is irrevocable for the duration of the time mentioned.

If the offer is promised to remain open but no time period is mentioned, it cannot be removed for a reasonable period of time. Regardless matter whether it is accepted, an offer cannot be held open for more than three months.

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which benefits does efficient supply chain management provide retailers concerning product availability?

Answers

The correct option is C ;   Better fashions , Efficient supply chain management is critical for retailers because it may give a strategic advantage through increased product availability (fewer stockouts and specialized assortments) and inventory turnover, as well as a greater return on assets.

Inventory and overhead expenditures have been reduced. A well-managed supply chain may eliminate the need for inventory, lowering the overhead expenses associated with storage and security.

A very low inventory, on the other hand, puts strain on distribution networks and diminishes resilience to supply chain shocks.

Effective supply chain management allows businesses to enhance product flow by accurately estimating demand and sales, as well as improving inventory management to stop the bullwhip effect and avoid underproduction.

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Full Question ;

Which of the following is NOT a benefit of efficient supply chain management?

A. improved product availability

B. fewer stockouts

C. better fashions

D. higher return on investments

E. strategic advantage

Think of a futuristic business. Then identify the level and type of production that it would undertake. W/ all relevant information.


Give a description of the business.

Answers

The futuristic business would be a robot selling business, the business would produce robots that will help the individuals in their household work.

What is Business?

A business is an idea of trade, the individual starts a business to earn profits by investing capital. The business have major four heads, capital, assets, liabilities and income.

The futuristic business idea would be the production of robots which will be produced by robots itself that is machines in a factory, however the robots will be customized as per the customer requirements and the actions required will be embedded in the robot system.

The robots will help the individuals in their household work, it will cook, clean the house, take out trash and more. The robots will be made at a large scale and the customization will be required on the system only.

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why is it important to call for assistance if a guest is not cooperative? select all that apply.

Answers

It is important to call for assistance if a guest is not cooperative for several reasons. Firstly, it ensures the safety and security of all individuals present in the area. If a guest is behaving in a threatening or aggressive manner, calling for assistance can help to diffuse the situation before it escalates and potentially becomes dangerous.

Additionally, calling for assistance can also help to protect the reputation and liability of the establishment. If a guest is not cooperative and their behaviour leads to damage or injury, having called for assistance shows that the establishment took all necessary steps to ensure the safety and well-being of its patrons. Lastly, calling for assistance can also help to resolve the situation more effectively and efficiently.

If an individual is not responding to the staff's requests or attempts to diffuse the situation, calling for assistance can bring in additional resources and expertise to help resolve the issue in a timely and effective manner. Overall, calling for assistance when a guest is not cooperative is crucial in maintaining a safe and secure environment for all individuals involved.

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Iin the value chain model, all of the following are considered core activities except: A. procurement. B. management and administrative services. C. marketing. D. technology development.

Answers

Except for managerial and administrative services, all of the following are regarded as core activities in the value chain model. Here option B is the correct answer.

In the value chain model, core activities are the primary activities involved in the creation and delivery of a product or service, while support activities provide the necessary support for the core activities. The four core activities in the value chain model are inbound logistics, operations, outbound logistics, and marketing and sales.

Therefore, of the options provided, the answer is Management and administrative services. This is because management and administrative services are considered to support activity rather than core activity. Procurement is a core activity that involves the process of acquiring the materials and supplies needed for the production process.

Operations is a core activity that involves the actual production process. Outbound logistics is a core activity that involves the process of getting finished goods to customers. Marketing and sales is a core activity that involves the promotion and sale of the product or service.

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What is cold Storewhat is cold Store

Answers

Answer:

Explanation:

Cold

FIRST ANSWER GETS BRAINLIEST!
(If you answer with nonsense, brainliest will go to the other person)
Personal & Family Finance


You have closed an account due to fraudulent activity. What else should you do to BEST protect yourself?


A) Change all of your passwords and PINs.


B) Do not put anything about the closing of the account in writing.


C) Put a permanent credit freeze on your credit report.

Answers

Answer:

C

Explanation:

Answer:

A) Change all your passwords and pins

Explanation:

when you do this, you better secure your information to keep unwanted hackers out, if you change your passwords and pins, hackers will need to figure out what the new codes are

the answer is not C) put a perm freeze on your account- becuase though it does stop anyone from using your information to make new accounts, it also stops YOU from making any new accounts as well, a freeze can be a temporary fix -i.e. to buy you more time to secure things and figure out whats going on-, but not perminant

hpe this helps you out, sorry if im a little late on answering

The Federal Reserve is worried about rising prices, so it has decided to decrease the money supply. The government wants to encourage economic growth, so it has decided to cut taxes. This situation shows that the Federal Reserve and the government can have _____ goals.

Answers

The Federal Reserve has chosen to reduce the amount of money in circulation because it is concerned about growing prices. The administration has chosen to reduce taxes in order to promote economic growth. This instance demonstrates how the objectives of the Federal Reserve and the state can diverge.

What is Economic growth?

The rise or improvement in the market value of the commodities and services generated by an economy within a fiscal year is referred to as economic growth. Statisticians typically gauge this growth as a percentage rate of growth in the real GDP, or gross domestic product.

To remove the distorting influence of inflation on the prices of produced items, growth is typically calculated in real terms, i.e., terms adjusted for inflation. National income accounting is used to calculate economic growth. The benefits and downsides of that approach are present since economic growth is calculated as the annual percent change of GDP. Utilizing the GDP to population ratio, it is common practice to compare the economic growth rates of various nations.

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Which is least likely to be an advantage of secondary data? group of answer choices time realism cost fit

Answers

The least likely advantage of secondary data among the options provided is "cost fit."

Secondary data refers to information that is collected by someone else for a different purpose but can be used for research or analysis. It offers several advantages, such as time realism, cost, and fit. Time realism is a key advantage of secondary data because it allows researchers to access information from past periods without having to wait for new data to be collected. This can be particularly useful when studying long-term trends or historical patterns. Another advantage is fit, which refers to the relevance and applicability of the secondary data to the research question or problem at hand. When secondary data aligns well with the research objectives, it can save time and resources by providing readily available information.

However, the least likely advantage among the options provided is "cost fit." While cost can be a potential advantage of secondary data, as it is often cheaper to obtain compared to primary data collection, the concept of "cost fit" is not commonly associated with secondary data. The term "cost fit" suggests that secondary data is particularly suitable or aligned with the cost requirements of a specific research project. However, the cost of secondary data can vary depending on factors such as data quality, accessibility, and licensing fees. Therefore, while cost can be a consideration when using secondary data, it is not a distinct advantage related to its fit for a specific project.

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The least likely advantage of secondary data is time realism. Secondary data refers to information that has been previously collected by someone else for a different purpose. It can include sources like books, articles, or databases.

While secondary data has several advantages, such as cost-effectiveness and the ability to fit a wide range of research needs, it is not inherently time realistic. Secondary data may have been collected at a different time, which could limit its relevance to the current research question.

For example, if you're studying current consumer trends, secondary data collected five years ago may not accurately reflect the current market. Therefore, time realism is the least likely advantage of secondary data.

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A $100,000 house insured on a policy with an 80% coinsurance requirement has a fire that caused $40,000 of damage; the owner has a policy with $60,000 coverage. How much can the owner collect for his loss?

Answers

Assuming the owner has a policy with $60,000 coverage. The amount that  the owner collect for his loss is $30,000.

Policy coverage

In order for the total amount of a partial loss to be paid the house must be insured for at least 80 percent of its value on the date in which the loss ocur.

And since house has a policy coverage of the amount of $60,000. Based on this  the minimum requirement is 75 percent  which mean that the policy will pay only 75 percent of the loss or $30,000.

Inconclusion  the amount that  the owner collect for his loss is $30,000.

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a company decided to price its product with the penetration strategy. what advantage does the company potentially create by selecting this type of pricing strategy?

Answers

With penetration strategy, the advantage the company potentially create is  Due to the goodwill developed among inventors and early adopters, it can build demand through word-of-mouth advertising.

What is meant by Penetration strategy?

The idea of a penetration strategy is to work aggressively to significantly increase one's share of total sales in a market. A business may often make things or purchase goods at a reduced cost as a result of the increasing sales volume, which allows it to raise its profit margin.

The promotions for introductory low prices for select fresh items that you frequently notice when you enter a supermarket are the ideal instances of penetration pricing. In order to boost demand for the organic goods they sell, Costco and Kroger use penetration pricing.

A market penetration strategy is essentially a method of introducing a new product into an established market (where existing or similar products already exist) (from your company or organization).

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1. Develop a marketing plan for the business you described in Final Assignment A by replacing the information in each of the categories below with the information for your own company. You can review the material from this course, from the Part I Review, and from your assignments as needed.



Market Research (5.0 points)



Your marketing plan should include research into the overall market, definitions of market segments, and a description of the specific target market you are aiming for.



In addition, your research should describe industry trends, economic changes, and other factors that could affect your market.




Instruction: Write 1-2 short paragraphs about the target market segments for your company and why you think this company and product will be successful. Are there economic, social, or other trends that make this a good opportunity now?



Product Description (2.0 points)



This section of the marketing plan describes the features of the product and its benefits for people in your target market.



This is where you discuss the needs, desires, and fears of your target market and consider how you can use emotions to make your product's benefits most attractive.



Instruction: Write 1-2 short paragraphs about your product's features and benefits.



Competition Analysis (3.0 points)



In this section, you describe and analyze your company's competition.



This includes direct competitors who offer very similar products, as well as indirect competitors who satisfy the same need or desire in a different way.



This is also where you describe the competitive advantages your product has when compared to these competitors.



Instruction: Describe at least two other companies that are direct or indirect competitors to your company. Explain how you will differentiate yourself from them.



Brand Image Goals (2.0 points)



This section describes your company's current brand image, as perceived by your customers and potential customers.



This is where you describe your goals for your brand image. Make a list of the main qualities you want people to associate with your brand.



Describe the market positioning you want to achieve. How do you want your product to be positioned in people's minds, particularly in comparison to your competitors?



Instruction: Describe your brand image goals in 1-2 short paragraphs. Include at least two qualities that you want people to associate with your brand.�



Financial Goals (2.0 points)



Set measurable marketing goals over a specific period of time, such as an increased number of customers, sales, or income.



Instruction: Decide how much monthly revenue you want the company to make from sales of the product six months from now, one year from now, and five years from now.



Other Marketing Goals (2.0 points)



You may have other marketing goals that you wish to measure.




Instruction: Describe at least one other marketing goal you would like to achieve. 1-3 sentences.



Marketing Message (4.0 points)



Describe the message you plan to communicate to your target market.



This should be a focused message that explains the benefits of the product in a way that appeals to people's needs, desires, or fears.



Instruction: Write 2-3 short paragraphs about the marketing message you will use and why you chose this message. Why does it appeal to your target market?



Pricing (4.0 points)



Discuss your strategy for determining the price of your product.



Explain how your pricing strategy will support your overall brand image, marketing message, and financial goals.



Instruction: Decide what the price for your product will be, and describe at least two factors you considered in determining that price.



Promotional Strategies (4.0 points)



Promotional strategies are the ways you will communicate and support your marketing message.



This includes things like advertising methods, public relations efforts, publicity, and other communications.



Describe in detail each method you will use, such as types of ads and their content, or public relations tools like newsletters, networking, and improving your Web site.



Set timelines for when you will put each promotional strategy into action.



This section of your marketing plan should also describe which things your company will do for itself and which things you will hire other people or companies to do for you.



Instruction: Write 2-3 short paragraphs describing at least two promotional strategies you will use.



Budget (2.0 points)



In this section, you define your overall marketing budget for a specific length of time.



Then break down the budget to show where the money will be spent.





Explain how you decided on these numbers for the budget, and why you think it will be worth spending this amount.



Instruction: Decide what the total marketing budget will be, and make a list of at least four things you will spend money on and how much you think they will cost.
Will Give Brainliest to first response

Answers

Answer:

Final Assignment B  

Market Research-

What will make my market research a more successful plan is the research I've found and done for it. Demographic, Psychographic Geographic, and Behavioral are the three key segments in my market plan. This will aid in the differentiation of gender, age, and lifestyle in my market plan. The Demographic market segment of my market plan is what I'm mostly targeting.

Demographic segmentation separates the market into smaller groups based on criteria like age, gender, and income. Instead of reaching out to the entire market, I'll use this strategy to concentrate resources on a certain segment of my market.

Product Description-  

When people learn about my low prices on the thing I'm offering, they'll be hooked. Everyone deserves luxuries, not some rubbish that turns your neck green after a few rinses, with the most magnificent jewelry and clothing.

People will require this since everyone has an important meeting or a special family gathering, and no one has the same level of luxury as a really wealthy individual. The things aren't visibly made of the same material as Gucci or other more costly locations, but that's part of what makes them so appealing: you get what a millionaire has for a fraction of the cost. People will be ecstatic because they can now buy something they couldn't before, allowing them to make their looks look drastically different and giving them the confidence to go out when others don't.

Competition Analysis-  

Shien, a large clothing company, sells shirts for as little as $12, and every product they sell is quite low. The difference between their company and mine is that mine will sell things at that price, but they will appear to cost more, and everything will be made creatively and not sell fakes.

All of the materials used in the apparel will have a luxurious feel to them and will not appear to be cheap. Every piece of clothing sold will be available in every size, allowing everyone to experience good apparel rather than having to choose between different sizes, causing people to miss out on something truly unique and to their taste.

Brand Image Goals-  

I want my customers to think of my business as a destination. They don't have much money or are saving for something special, but they have been asked to something once in a lifetime, which is where my company comes in. They won't go to any other store since it's so amazing.

The atmosphere in the store will be so pleasant and inviting that customers will wan

Answer:

what about the budget?

Explanation:

What IMC strategy involves a two-way flow of communication between a buyer and a seller and is designed to influence the buyer's purchase decision

Answers

The strategy involves a two-way flow of communication between a buyer and a seller is personal selling.

What is communication?

It should be noted that communication simply means the exchange of information between the involved parties.

In this case, the IMC strategy involves a two-way flow of communication between a buyer and a seller and is designed to influence the buyer's purchase decision is personal selling.

Learn more about communication on:

https://brainly.com/question/26152499

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