Swifty Company on July 15 sells merchandise on account to Blossom Co. for $4900, terms 2/10, n/30. On July 20 Blossom Co. returns merchandise worth $1900 to Swifty Company. On July 24 payment is received from Blossom Co. for the balance due. What is the amount of cash received

This activity is important because as a marketing manager, you must allocate resources to reach your target market. during the strategic marketing process, managers move through three important phases to determine how to optimally allocate resources: a planning phase, an implementation phase, and an evaluation phase. in this interactive exercise, you are asked to review various strategic marketing actions and determine where in the strategic marketing process the action would occur. the goal of this exercise is to demonstrate your understanding of the strategic marketing process and related marketing actions.