How can you explain 4Ps in marketing mix?

4Ps in marketing mix are: Place, Price, Product, and Promotion. Products include quality features, size, brand name, so on. Place includes transport, distribution channel, inventories size,...Promotion includes advertising, personal selling, sales promotion,...And Price includes the basic list price, discounts, credit terms,...

What are the common mistakes in setting the price?

The most common mistakes are: Pricing is too cost-oriented, price is not revised often enough to capitalize on market changes, price is set independently of the rest of marketing mix rather than an intrinsic element of the market-positioning strategy, and price is not varied enough for different product items and market segments.

How are prices set in different types of corporation?

companies handle pricing in many ways: in small companies, prices are set by top management. In large companies, pricing is handled by divisional and product-line managers. In some industries, a pricing deparment is established to set prices or assist others in determining suitable prices

What are differences between financial accounting and management accounting?

financial accounting is used to assist investors and creditors in deciding where to place their scarce investment resources. Management accounting is used to set the company's overall goals, evaluate the performance of individuals and departments. Financial accounting information is public information but management accouting information is confidential information

How many financial statements do companies include in theirs annual report? what are they?

There are 3 common financial statements: income statements, balance sheets, cash flow statements. The balance sheet shows a comany's financial situation on a particular date. It lists the company's assets, liabilities and shareholder's funds. The income statement gives figures for costs, sales, and profits. The cash flow statement shows the flow of cash in and out of business between balance sheet dates

What are financial analysis? for what purpose is financial analysis used?

Financial analysis is the selection, evaluation and interpretation of financial data, along with other pertinent information, to assist in investment and decision-making. Financial analysis may be used internally to evaluate issues such as employee performance, the efficiency of operations, credit policies, and externally to evaluate potential investments, credit-worthiness of borrowers, among other things.

What are sources of data available for financial analysis?

There are 4 sources of data. The primary source is the annual reports including the income statement, the balance sheet, the statement of cash flow and footnotes of these statements. Besides, information can be found in the financial press and electronic media daily. Another source of information is economic data such as GDP and CPI. The final source of information is economic events that help explain the company's present condition

What is internal audit? what are the advantages and disadvatages of internal audit?

Internal audit is done by the company's accountants. Internal auditors report to management on current state of the company's fiscal affairs, any deviations from the standard operating procedures. They also make suggestions for improvements in the standard operating procedures. However, if a report is unfavourable, management will receive the false impression that things are running smoothly

Auditing is an accounting function that involves the review, evaluation of financial records

What benefits does international business bring to exporting and importing countries?

International business brings benefits to both exporting and importing countries. Exporting goods and services help exporting countries to receive money, to expand their market, to increase production. Whereas, consumers of importing countries can have wider choice of goods and services at lower prices

Why do governments try to encourage exports and restrict imports?

Governments try to encourage exports because they can receive money, increase production, expand their market. Governments try to restrict imports to protect domestic industries because these industries provide emplyment for the population

Name four common trade barriers? What are some reasons for imposing these trade barriers?

Four common trade barriers are: Tariff, Quotas, embargoes, subsidies. Some reasons for imposing these trade barriers are: To protect domestic emloyment, to protect relatively young domestic industries, to protect firms and industries that produce output vital to the security and defense of the nation

How can financial ratios be classified?

By construction, financial ratios can be classified into a coverage ratio, a turnover ratio, a return ratio, a component percentage. By general characteristics, financial ratios can be classified into a financial leverage ratio, an activity ratio, a liquidity ratio, a profitability ratio, a shareholder ratio, a return on investment ratio.

English for Finance 2

Authored by Diễm Quỳnh

English

University

Used 5+ times

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

Content View

Student View

20 questions

Show all answers

FILL IN THE BLANK QUESTION

2 mins • 1 pt

What are the tasks of financial manager in monitoring the fincance?

FILL IN THE BLANK QUESTION

1 min • 1 pt

what are the function off corporate finance

FILL IN THE BLANK QUESTION

1 min • 1 pt

How can a company raise capital ?

FILL IN THE BLANK QUESTION

1 min • 1 pt

What is the advatage and disadvantage of long-term loans?

FILL IN THE BLANK QUESTION

1 min • 1 pt

What are the tasks of financial management in monitoring inventories?

FILL IN THE BLANK QUESTION

1 min • 1 pt

How can a working capital be classified?

FILL IN THE BLANK QUESTION

1 min • 1 pt

What are the tasks of financial management in managing debtor?

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever

or continue with

Microsoft

Apple

Others

Already have an account?

Similar Resources on Wayground

20 questions

Screen Time: Friend or Frenemy?

Quiz

•

1st Grade - University

15 questions

During The Meeting

Quiz

•

University

20 questions

MI3 Voc Test 5.2

Quiz

•

University

20 questions

Stress and Intonation

Quiz

•

University

15 questions

The Lion, the Witch and the Wardrobe chapters 7 and 8

Quiz

•

University

18 questions

Collocations Unit 1

Quiz

•

University

15 questions

WH- QUESTION WORDS (SIMPLE PAST) - 6° GRADE

Quiz

•

University

20 questions

Noun clauses

Quiz

•

11th Grade - University

Popular Resources on Wayground

8 questions

Spartan Way - Classroom Responsible

Quiz

•

9th - 12th Grade

15 questions

Fractions on a Number Line

Quiz

•

3rd Grade

14 questions

Boundaries & Healthy Relationships

Lesson

•

6th - 8th Grade

20 questions

Equivalent Fractions

Quiz

•

3rd Grade

3 questions

Integrity and Your Health

Lesson

•

6th - 8th Grade

25 questions

Multiplication Facts

Quiz

•

5th Grade

9 questions

FOREST Perception

Lesson

•

20 questions

Main Idea and Details

Quiz

•

5th Grade

Discover more resources for English

20 questions

Implicit vs. Explicit

Quiz

•

6th Grade - University

20 questions

Plot structure review

Passage

•

9th Grade - University

8 questions

Personification

Quiz

•

KG - University

10 questions

Identify the Subordinating Conjunction

Quiz

•

KG - University