1. Using at least five (5) segmentation factors from your readings, describe yourself in terms a marketer might use to place you in a market segment for casual clothing. 2. Of all the promotional...

DUMMY


1. Using at least five (5) segmentation factors from your readings, describe yourself in terms a marketer might use to place you in a market segment for casual clothing. 2. Of all the promotional tools we looked at, which one is the most effective in getting your attention and interesting you in a product? Conversely, which of the tools is something that has a slim to zero chance of reaching you, much less interesting you? 3. Keeping the Fundamental Accounting Equation in mind (Assets = Liabilities + Equity), categorize the items below into the proper category to create a simple balance sheet. Please provide the balance sheet in its entirety, not just the answer to the equation. Equipment 250000 Accounts Payable 50000 Cash 25000 Loans Payable 125000 Buildings 400000 Retained Earnings 710000 Land 125000 Accounts Receivable 50000 Inventory 35000 4. Max the Tailor is going to sell custom suits. He was able to rent a garage from his Uncle Ed for $2,000 a month, which includes utilities, and he already owns the equipment he needs. He anticipates being able to sell his suits for $500 each. The raw materials (fabric, buttons, zippers, thread, etc.) will cost an average of $75 for each suit, and he plans to spend $25 per suit to advertise them. Assuming these are all the costs and revenues, what will beMax’s monthly break-even point in units? Does this seem like a reasonable amount for him to produce and sell every month? Please show your calculations.