Gerick is starting a donut and ice cream business. He spent many hours sitting in various ice cream shops and donut shops making notes about which flavor of ice cream is asked for the most often and which donuts sell-out first and what prices are charged for each product at the different shops. He already knows what his break-even point will be and is now trying to determine how he will promote his shop and whether he will rely on walk-in orders and orders placed over the phone or if he should actively market his shop and its products to businesses and nonprofit organizations in his community. Which of the following best describes Gerick's activities?
A. Developing a marketing strategy
B. Selecting his products to market
C. Selecting his marketing environment
D. Determining his marketing mix
Answer: D
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During interviews for medical assistants at the Fairview Medical Center, all the candidates are asked to talk about a situation in the past when they had to empathize with an emotionally unstable person and help that person make rational decisions. This was to test whether the candidates would be able to assist a frantic patient and help him or her make informed decisions. This is known as a(n) ________ interview.
A. physical ability B. behavior description C. exit D. unstructured E. nondirective
Which of the following communication skills is least likely to be a major advantage for a recent college graduate in the workplace?
A) Computer skills B) Writing skills C) Listening skills D) Speaking skills E) Adjusting communications skills to any given situation
Warrantless searches are permitted where it is likely that evidence will be destroyed
Indicate whether the statement is true or false
A company produces a single product. Variable production costs are $21 per unit and variable selling and administrative expenses are $4 per unit. Fixed manufacturing overhead totals $30,000 and fixed selling and administration expenses total $36,000. Assuming a beginning inventory of zero, production of 6,000 units and sales of 5,600 units, the dollar value of the ending inventory under variable costing would be:
A. $14,400 B. $10,000 C. $12,000 D. $8,400