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oksian1 [2.3K]
3 years ago
7

Identify the incorrect statement about sales promotions.

Business
1 answer:
Harman [31]3 years ago
5 0

Answer:

a. Sales promotions have increased because of competition in emerging markets.

Explanation:

Competition in emerging markets is <u>irrelevant for sales promotions</u>. If you are present in a particular market, competition in other markets won't affect the efficiency of your sales promotions.

On the other hand, other statements are correct. Sales promotions are a great tool to hinder consumer price resistance, as they emphasize the benefits of the product and make the whole promotion more convincing.

Technology upgrades vastly affect and improve sales promotions (use of AR/VR in promotions, media, AI...). The wider market of ad agencies gives companies a better choice (with a more competitive price) of agencies that will conduct the sales promotions.

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When a commercial for men's razor blades demonstrate how the blades work to create the closest shave, the brand is using a _____
Ivenika [448]

Answer:

a) Informational

Explanation:

The company is using informational appeal in its advertisement to convince the buyers that they need the product and shows how it works. . This type of appeal informs customers of the features, quality and benefits of a product. The demonstration of how the blades work helps the potential customers to make a rational decision as it it portrays that the blades' function of the providing the closest shave is what they need.

4 0
3 years ago
One bag of flour is sold for $1.00 to a bakery, which uses the flour to bake bread that is sold for $3.00 to consumers. A second
Phoenix [80]

Answer:

The correct answer is option b.

Explanation:

GDP is a measure of economic growth that shows the level of final goods and services produced in an economy in a year. It includes only final goods and services, intermediate goods are not included.  

So here the value of flour used to make bread will not be included as it is an intermediate good. But the value of bread will be included. The value of the second bag of the floor will be included as it is a final good sold to the consumer.  

Increase in GDP

= $3 + $2

= $5

8 0
3 years ago
Which of the following explains why a recipe is considered an algorithm?
Len [333]

Answer:

the dish created by a recipe is the same each time it is followed properly

Explanation:

6 0
3 years ago
How did economic prosperity during the 1920s affect consumers?
Blizzard [7]

Answer:

After the war, Americans were ready to buy and wanted consumer goods like cars and appliances. Americans became accustomed to homes with electric lighting, phones, cars, vacations, and entertainment.

The lifestyles of Americans were significantly effected by the availability of labor saving products, luxury items and the emergence of mass advertising campaigns and consumerism.

Explanation:

3 0
3 years ago
Duke Company has net fixed assets of $400,000, short-term liabilities of $30,000, long-term liabilities of $20,000, common stock
ycow [4]

Answer:

option (b) 20

Explanation:

Data provided in the question:

Net fixed assets = $400,000

Short-term liabilities = $30,000

Long-term liabilities = $20,000

Common stockholders' equity = $90,000

Total stockholders' equity = $100,000

Now,

Ratio of fixed assets to long term liabilities

= Net Fixed assets ÷ Long term liabilities

or

= $400,000 ÷ $20,000

= 20

Hence,

The correct answer is option (b) 20

3 0
4 years ago
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