Maxim Computer has a 10 percent of a $250 billion market. Maxim is the low-cost leader and realizes a 20% margin on sales, and marketing, sales, and administrative expenses equaling 10% of sales. What is Maxim's net marketing contribution?
A) $250 billion
B) $25 billion
C) $5 billion
D) $2.5 billion
E) $500 million
D
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The temporary working capital needs for Hasbeen Toys in quarter 1 is closest to ________
A) $0 million B) $340 million C) $770 million D) $845 million
Exclamation marks: a. should be used frequently in business documents
b. indicate places to pause when reading a sentence. c. are used to show strong emotion. d. All the answers are correct.
Mark has a brilliant business idea that he intends to explain to a venture capitalist. However, the venture capitalist agrees to invest in Mark's idea provided he prepares a report that explains the product, price, distribution, and promotion strategy. The venture capitalist also wants Mark to include an analysis of the existing competition and to clearly indicate his target customers in the report. Mark has been typically asked to prepare a _____ by the venture capitalist.
A. letter of credit B. balance sheet C. documentary draft D. marketing plan
One component of a time series is cyclical variation. An example of cyclical variation is the business cycle that consists of periods of prosperity followed by periods of recession, depression, and recovery.
Answer the following statement true (T) or false (F)