Question

In: Finance

Can a firm produce higher financial results by increasing marketing efforts and relying on strong sales...

Can a firm produce higher financial results by increasing marketing efforts and relying on strong sales culture? What federal regulations affect sale and services of the banks? How?

Solutions

Expert Solution

Yes a firm can produce higher financial results by increasing the marketing efforts and relying upon strong sales culture.marketing efforts are inclined towards increasing over of sales of the firm by targeting the potential target customers and maximizing the profit of them by designing selective strategy that suits its consumer base.

firm also nowadays try to market through different advertisement strategies which will held in maximization of overall benefits in the long run. it just targets customers who are highly in volume and could be done through lower cost.

Securities and exchange exchange guidelines which effect sales and service of banks as well as their various Capital requirement which have been fixed by these agencies. Environmental protection agency has also been established which the helps in containiment of shifting of cost from company to the consumers.

So a firm should inclined to work upon it's marketing strategies and fulfill the litigation in order to sustain and survive in the long run which will help in maximization of profit and attainments of future goals


Related Solutions

Show using diagrams that a profit-maximizing dominant firm (with a competitive fringe) can produce either higher...
Show using diagrams that a profit-maximizing dominant firm (with a competitive fringe) can produce either higher or lower quantity of goods than if it were a profit-maximizing monopolist. Show also their corresponding profits in these two scenarios.
Supposed a firm wanted to conduct an interactive survey topredict whether to push marketing efforts...
Supposed a firm wanted to conduct an interactive survey to predict whether to push marketing efforts aimed at families expecting their first child through Pinterest, Instagram, or Facebook efforts. The researcher is considering using a single-mode approach consisting of telephone survey. Critique this decision and offer suggestion for improvement.
Email marketing can be a successful direct marketing strategy and deliver a strong ROI when done...
Email marketing can be a successful direct marketing strategy and deliver a strong ROI when done effectively. What are 4 key strategies or considerations to use that will improve the chances of conducting a successful email campaign?
air travel can be made safer by increasing the security efforts. Identify the trade-offs associated with...
air travel can be made safer by increasing the security efforts. Identify the trade-offs associated with increasing security checks of individual passengers and their luggage. be sure to consider the effect on ghe demand for air travel and the resulting effects on automobile travel that statistically has a greater risk of injury and death per mile than air travel.
How can marketers know how to measure the business contribution of their marketing efforts? This question...
How can marketers know how to measure the business contribution of their marketing efforts? This question lies at the center of all marketing challenges. How do we measure effectiveness? It seems an organization's foundational philosophy of marketing's purpose lies at the core of decisions and strategies. Marketing can include product development based on customer needs and wants, or from an alternative purpose, it can be primarily a sales focus. Even in considering these two directions, many options exist in this...
Evaluate whether increasing opportunities for higher education can reduce income inequality.
Evaluate whether increasing opportunities for higher education can reduce income inequality.
Why is the use of direct marketing increasing faster than overall sales growth? (Meaning that it...
Why is the use of direct marketing increasing faster than overall sales growth? (Meaning that it is likely becoming a larger part of the overall promotional budget spend). PLEASE ANSWER IN PARAGRAPH FORM. THANK YOU! PLEASE DO NOT JUST COPY AND PASTE DIRECTLY FROM A WEB PAGE.
Marketing and Sales have a strong relation. To get more sale you have to develop good...
Marketing and Sales have a strong relation. To get more sale you have to develop good marketing strategies. If you have a company name Shahen Express that is working online using Website Domain www.shahenexpress.com. Which Web marketing strategies will be used in this website? How you increase the sales of the company and What will be the Revenue Model? Is Revenue Transition concept will used in the website? Justify your answer with suitable examples.
A firm can produce orange juice in the US and ship it to Japan at a...
A firm can produce orange juice in the US and ship it to Japan at a cost of $1.75/unit. They want to sell it with a 50% markup (50% higher than their cost), and the yen/US$ exchange rate is 111.11. 1) At what price would they sell it in Japan (in yen)? 2)What is their US$ profit? Now suppose the $ appreciates from ¥/US$ 111.11 to ¥120/US$ prior to payment. 3) What is the new US$ revenue and profit? 4)...
A marketing research firm suspects that a particular product has higher name recognition among college graduates...
A marketing research firm suspects that a particular product has higher name recognition among college graduates than among high school graduates. A sample from each population is selected, and each asked if they have heard of the product in question. A summary of the sample sizes and number of each group answering yes'' are given below: College Grads (Pop. 1):High School Grads (Pop. 2):n1=86,n2=85,x1=52x2=37 The company making the product is willing to increase marketing targeted at high school graduates if...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT