How does the targeting process in entrepreneurship differ from the targeting process in traditional marketing

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Answer 1

Targeting process in entrepreneurship differ from traditional marketing because the entrepreneurs begin the process with the idea for a new product.

Targeting process refers to process of breaking-down a market into segments to facilitate concentration of marketing efforts on target segments.

An entrepreneur will first seek to come up with a product idea in the targeting process whereas the marketer will seek to identify the market segment to concentrate on.

In conclusion, the targeting process in entrepreneurship differ from traditional marketing because the entrepreneurs begin the process with the idea for a new product.

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Related Questions

Select the correct answer. Which sales channel is the most effective for a business that has a small scale of operations? a A. telemarketing B. hiring agents C. flea markets D. franchising E. multilevel marketing​

Answers

Answer:

franchising marketing

Assuming the total GDP is $1000 billion, if the government increases spending from $800 billion to $900 billion and the initial interest rate was 6%, the long-term interest rate will be between 6.5% and ___%

Answers

Answer:

7%

Explanation:

i got it right .

When current output is less than potential output, which of the given monetary policies is the federal reserve (the fed) likely to enact?.

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The federal reserve is likely to enact that reserve requirement should be lower so that there will be a decrease the interest rate in the case when current output is less than potential output.

The Federal reserve does enhance the economy by reducing the interest rate that banks pay each other for overnight loans.

However, if the current output is greater than potential output, then, the FED would try to reduce current output by increasing the interest rate.

In conclusion, the federal reserve is likely to enact that reserve requirement should be lower so that there will be a decrease the interest rate in this case when the current output is less than potential output.

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General partners must obtain approval from a majority of the limited partners in order to manage the business. True or False

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General partners do not have to obtain approval to run the business which means that this statement is FALSE.

In a Limited Partnership:

The limited partners are not involved in the running of the business The general partner makes all the relevant decisions involved in running the company

The general partner therefore, does not have to take permission from the limited partners to manage the business. The limited partners have limited roles with one of them being that they do not run the business.

In conclusion, this statement is false.

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HELP PLEASE

Companies create a division of labor among employees in order to:

O A. reduce the opportunity cost for hiring new employees.

O B. make it easier to shift employees between different jobs.

O C. allow each employee to perform one task at a high level.

O D. gain access to more human and physical capital.

Answers

Answer:

D

Explanation:

companies do this so everyone is more proficient with their bodies and their work

Is zero economic profit inevitable in the long run for monopolistically competitive firms? in the long run, monopolistically competitive firms.

Answers

Firms usually engage in a lot of activates for profit.  Zero economic profit  may continue to earn profit by reducing costs.

A monopolistic competitor, like some organizations often earn profits in the short run. The entry of some firms into the same market can bring about a shift in the demand curve faced by a monopolistically competitive firm.

When economic profit is zero, an organization is known to be earning the same as when its resources were used in the next best alternative.

See full question below

Is zero economic profit inevitable in the long run for monopolistically competitive firms? In the long run, monopolistically competitive firms

A. will not continue to earn profit because the cost of production will rise as new firms enter the market.

B. may continue to earn profit by convincing consumers their products are different.

C. will continue to earn profit due to barriers to new firms entering the market.

D. may continue to earn profit by instead beginning to produce a product identical to competitors.

E. will not continue to earn profit because monopolistically competitive firms produce identical products.

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since her firm’s sales have increased from 3.5 to 4 percent, tanya has determined she would set her share of communication expenses at 4 percent of sales, which is an example of the use of the ________ method.

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When she determined to set her share of communication expenses at 4 percent of sales, it is an example of the use of the competitive parity method.

Competitive parity refers to when one want to achieve standard or average results as compared to others in your industry or within one's firm.

Here, because the firm’s sales have increased to 4%, she decided to set her share of communication expenses at 4% of sales

It is obvious she is acting because of the movement of internal situation (increase of firm's sales)

Thus, the scenario of method is definitely known as Competitive parity.

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Why is Berkshire Hathaway underpreforming?

Answers

Answer:

no sales

Explanation:

Two countries, Country A and Country B, produce petroleum and seafood. A 4-column table has 2 rows. The first column is labeled country with entries Country A, Country B. The second column is labeled Cost (units) with entries 1, 1. The third column is labeled Petroleum (units) with entries 16, 8. The fourth column is labeled Seafood (units) with entries 8, 8. Based on the data in the table, has the absolute advantage in producing petroleum.

Answers

Answer:

Country A

Explanation:

Based on the data in the table, has the absolute advantage in producing petroleum is country A.

What is absolute advantage?

A country has an absolute advantage in the production of a good or service if it produces more quantity of a good when compared to other countries.

Looking at the table, Country A, produces 16 units of pertroluem while Country B produces 8 units. Thus, Country A has an absolute advantage.

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if the firm can vary all factors of production, it is operating:

Answers

Answer:

in the short run.

Explanation:

50 POINTS
Nathan joined the US army as an infantryman. He is now serving in a foreign country, teaching local police forces how to use defensive tactics. What education might have been appropriate for Nathan to qualify for his job?

A. High school diploma
B. Associate degree in health services
C. Bachelors degree in mathematics
D. masters degree in law

Answers

Answer:

What education might have been appropriate for Nathan to qualify for his job?

A. High school diploma

(No need brainliest)

A High school diploma might have been appropriate for Nathan to qualify for his job. Thus, option A is the correct option.

What is a High school diploma?

When a high school student graduates, they are given a credential known as a high school diploma (or high school degree). After completing four-year courses of study, usually from grade 9 to grade 12, a high school diploma is granted. In both the United States and Canada, it is a requirement for graduation from high school.

According to the demands of the regional state or provincial government, the school awards the certificate. Depending on the jurisdiction, different streams or levels of high school graduation may have varying criteria for obtaining the diploma. They typically consist of a mix of chosen coursework that meets the requirements for a particular stream and passing scores on the state exit test.

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How can you make the most of a tight budget?

a) making a list before shipping
b) buying on sale
c) setting good priorities
d) all of these

Answers

Answer:

D

Explanation:

most prob everything is good

Answer would be D

Explanation:
Setting good priorities can help you only spend money when needed
Buying things on sale help you save money
and making a list helps you budget before hand how much you need
therefor all of these are good ways to make the most of a tight budget

Hope I helped !

True or false: Changes in cash are classified as either operating activities, direct activities or indirect activities.

Answers

The operating cash flows often uses the direct method of presentation. Changes in cash are classified as either operating activities, direct activities or indirect activities is a false statement.

Operating activities is said to be cash activities that are linked to net income.

The cash flow direct method often determines changes in cash receipts and payments.

The indirect method often takes the net income gotten in a period and adds or subtracts changes in the asset and liability accounts.

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List one thing you SHOULD do if your car loan suddenly becomes too expensive.

Answers

Answer:

Modify Your Auto Loan.

Refinance Your Vehicle Loan.

Trade-in Your Car.

Let Someone Else Assume Your Loan.

Sell Your Vehicle.

Turn the Keys In.

Let Your Car Be Repossessed.

File for Bankruptcy.

When Federal Reserve Banks purchase government from commercial banks, they increase the reserves in the banking system, which then increases the lending ability of the commercial banks.

Answers

When Federal reserve banks purchase government securities from commercial banks, they increase the reserves in the banking system and they also increase the lending ability of the commercial banks.

If the Federal reserves want to increase the reserves, what they do is to buy securities. They then make a deposit to the account held at the commercial bank.

An example is if the Feds should buy securities of 1000 dollars, the bank would be having an excess of 1000 dollars to lend.

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what kind of potatoes are best for mashed potatoes?

Answers

Russets or Yukon Golds.

Which statement describes an advantage of buying a home?
A. Purchasing a home builds equity.
B. Homes depreciate over time.
C. Your landlord may force you to move.
D. Your taxes increase.

Answers

A. purchasing a home does build equity

- homes usually don’t depreciate over time.
- when buying a home you don’t have a landlord.
- property taxes may go up, but that’s not an advantage.

terms like "can be," "as much as," and "help," are examples of

Answers

Terms like "can be," "as much as," and "help," are examples of ambiguity

hope this helped!

Preferred stock generally (has/does not have) ______ voting rights and (has/does not have) ______ preference as to dividends.

Answers

According to share and stocks management, the preferred stock generally does not have voting rights and has a preference as to dividends.

This is because Preferred stock is a type of stock that is first paid to the stockholders before the common share or stockholders are paid.

However, unlike the common stockholders that have voting rights in a firm, the preferred stockholders do not have voting rights.

Hence, in this case, it is concluded that Preferred stock has its advantages and disadvantages.

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Mr. Forest, a single taxpayer, recognized a $252,000 loss on the sale of Section 1244 stock. What is the character of this loss

Answers

Based on current tax laws, the character of this loss is $50,000 ordinary loss and $202,000 capital loss.

Tax laws stipulate that when it comes to losses from section 1244 stock, $50,000 is the maximum that can be stipulated for losses to a single person with the rest being treated as capital loss.

This means that $50,000 will be stipulated as ordinary losses here and the capital loss will be:

= 252,000 - 50,000

= $202,000

In conclusion, $50,000 is ordinary loss and $202,000 is capital loss.

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If the U.S. dollar appreciates, an MNC's: a. exports denominated in foreign currencies will probably increase. b. U.S. sales will probably decrease. c. interest owed on foreign funds borrowed will probably increase. d. exports denominated in U.S. dollars will probably increase. e. All of these choices are correct.

Answers

Most likely when the U.S. dollar appreciates, the MNC's interest owed on foreign funds borrowed will probably increase.

MNC refers to Multinational corporation .

The Multinational corporation are known to borrow from foreign bodies in dollars.

Hence, when the dollar appreciates, the amount owed to the foreign bodies will increase consequently.

Therefore, the Option C is correct because the MNC's interest owed on foreign funds borrowed will probably increase when U.S. Dollars appreciates.

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beneficiaries are responsible for of prescription costs

Answers

Answer:

In general, beneficiaries are responsible for paying the following for a Medicare Prescription Drug Plan:  

Monthly premiums

Annual deductible

Copayments or coinsurance

A small copayment for the rest of the calendar year after they reach a certain out-of-pocket amount

Explanation:

If a rental space measures 40 feet by 40 feet, what would the monthly rent be per square foot if the monthly rent totals $2,000

Answers

Square feet = Length x width:

Square feet of the space = 40 x 40 = 1600 square feet

Cost per square foot = cost / area

Cost per square foot = 2000 / 1600 = $1.25 per square foot

Type the correct answer in the box. Spell all words correctly.

What is a continuous discussion to bring out innovative ideas from employees?

A _____ session is a continuous discussion to bring out innovative ideas from employees. (Using Plato for this)

Answers

The name which is given to the session that is a continuous discussion to bring out innovative ideas from employees is called:

Brainstorming

According to the given question, we are asked to state the  name which is given to the session that is a continuous discussion to bring out innovative ideas from employees.

As a result of this, we can see that when a group of workers sit down together to bring out a new idea that would be innovative  to their company, then we can say that they are brainstorming because they bring ideas that would improve overall business and profit

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To succeed in the future, marketing must ________. rely more on mass marketing become more holistic focus on free-spending be more departmental build brands through promotion rather than performance

Answers

Based on marketing strategies, to succeed in the future, marketing must become more holistic.

What is marketing?

Marketing is the process of promoting commodities and services in a way that results in to increase in its demands. It usually involves advertisements mad marketing research.

However, to be more successful in the future of the business, it is believed that marketing should become holistic and less departmental.

This implies that marketing should be carried out by every segment or unit of the business and not left to

marketing department alone.

Hence, in this case, it is concluded that the correct answer is option B. "become more holistic."

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EconomicsAlthough GDP is a reasonably good measure of a nation's output, it does not necessarily include all transactions and production for that nation. Which of the following scenarios are either not accounted for or measured inaccurately by either the income or the expenditure methods of calculating GDP for the United States?
a. The value of baby-sitting services, when the babysitter is paid in cash and the transaction isn't reported to the government.b. The costs of air and water pollution.c. Funds spent by city governments to renovate their buildings.d. The leisure time they have.
When a U.S. company purchases and imports wood from Brazil to use to build new houses within the United States, this purchase increases the_____component of GDP while also_____net exports by the same amount. Therefore, the purchase of wood from Brazil_____in US GDP.

Answers

The following scenarios are either not accounted for or measured inaccurately by either the income or the expenditure methods of calculating GDP for the United States:  

a. The value of baby-sitting services, when the babysitter is paid in cash and the transaction isn't reported to the government.

b. The costs of air and water pollution

d. The leisure time they have

The purchase of wood from Brazil, the import component of GDP increases whole net exports decreases by the same amount. The purchase of wood from Brazil decreases US GDP.

Gross domestic product is the sum of final products produced in a country within a given period. GDP can be determined using the expenditure, income or value added product.

GDP calculated using the expenditure approach = Consumption spending + Investment spending + Government spending + Net export

Items not included in the calculation of GDP includes:  

1. Activities not reported to the government  

2. illegal activities

3. sale or purchase of used products

4. externalities

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When an advertiser is in the process of creating an ad and debates whether to run the ad on television or in print, the advertiser is deciding on which ______ to use. Multiple choice question. headline medium text message

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When an advertiser is in the process of creating an ad and debates whether to run the ad on television or in print, the advertiser is deciding on which medium to use.

Mass media simply means the array of media technologies that can be used to reach out to people. There are several mediums to reach out to people such as television, radio, newspapers, etc.

Since the advertiser wants to create an advertisement is deciding whether to run the ad on television or in print, then the person is deciding on the medium to use.

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What happens to the price and quantity of churro waffles if the price of brown sugar decreases?.

Answers

Answer:

The price of the churro waffles will go up and the quality will go down.

If the price of brown sugar decreases, then the price of churro waffles will decrease and quantity will increase.

How quantity is affected by price changes?

The quantity that customers desire is determined by the price of an item or service in a market. When non-price elements are taken out of the equation, it follows that higher prices lead to lower quantities demanded and lower prices lead to larger quantities desired. As a result, according to the rule of demand, there is an inverse connection between a product's price and the quantity that is desired for it.

A drop in the cost of the good leads to an increase in the amount required (and vice versa). The amount wanted and any market price is represented by a demand curve. A shift along a demand curve is used to illustrate a change in the amount required.

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which general staff member directs management of all

Answers

Answer:

manager

Explanation:

answer: manager explanation:

If an economic crisis were to occur that caused a significant decline in the projected tax revenue for the biennium, the state legislature would likely deal with the shortfall by taking which steps

Answers

If a country is going through financial difficulty, there are several steps they can take including:

Reducing spending Delaying interest payments Using cash reserves

If a country sees that its taxes will not be enough to cover its obligations, it can reduce the amount it spends on goods and services so as to reduce its obligations.

Country can also increase the time taken to pay off debts so that they can divert cash to needed areas whilst waiting for things to be better.

Country can use cash reserves that it accumulated in one form or the other to weather the storm of reduced taxes.

In conclusion, the government can deal with tax shortage in several ways.

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