There are several purposes of drawing a budget in a business, such as :
- As a tool for making decisions
- It could be used to monitor your current business activity performance
- You can predict the flow of revenue and expenditure in the future
Hope this helps
The Sun Chips brand is being marketed by Frito-Lay as being environmentally friendly. All of its point-of-purchase displays, packaging, print and television advertisements and television commercials convey this idea. The business employs an integrated marketing communications approach.
Integrated marketing is a method for spreading a unified message across all of the platforms your business utilizes for marketing. Regardless matter where clients choose to do business with a firm, it offers stability. Without an integrated marketing strategy, you run the risk of saying the wrong thing or speaking illogically.
There are five key communication strategies that complement integrated marketing communications, as we've just mentioned. These include sales promotion, advertising, public relations, direct marketing, and advertising.
To learn more about integrated marketing communications
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Answer:
a. Premium
b. Discount
c. Discount
Explanation:
a. Valley issued $300,000 of bonds with a stated interest rate of 7 percent. At the time of issue, the market rate of interest for similar investments was 6 percent.
Premium (discount) = Bond's stated interest rate - Market rate of interest for similar investments = 7% - 6% = 1% premium
Therefore, Valley's bond will sell at a premium.
b. Spring issued $220,000 of bonds with a stated interest rate of 5 percent. At the time of issue, the market rate of interest for similar investments was 6 percent.
Premium (discount) = Bond's stated interest rate - Market rate of interest for similar investments = 5% - 6% = -1% discount
Therefore, Spring's bond will sell at a discount.
c. River Inc. issued $150,000 of callable bonds with a stated interest rate of 5 percent. The bonds were callable at 102. At the date of issue, the market rate of interest was 6 percent for similar investments.
Premium (discount) = Bond's stated interest rate - Market rate of interest for similar investments = 5% - 6% = -1% discount
Therefore, River Inc.'s bond will sell at a discount.
Answer:
Explanation:
Accounting profit
Revenue Pizza- 400000
Revenue beverage 190000
Total revenue 590000
Cost of sales
Wages (55000*2) 110000
Pizza ingredients 50000
Manager 75,000
Pizza baker (60000*3) 180000
Equipment 10000
Finance cost (50000*6%) 3000
Tuition fee 2000
Total expenses 430000
Accounting Profit 160000
Implicit cost
Salary forgone 80000
Rent forgone 12000
Interest on savings (110000*5%) 5500
Total 97,500
Economic profit =(160000-97500) =62500
I will advise John to return to the teaching Job as he earns more in salary than the economic profit of doing business.
Answer:
B) assessment centers
Explanation:
Since in the question it is mentioned that the company could hired marketing managers after testing their strategic thinking by providing the job description i.e any task designed to provide you with an realistic summary of the day-to-day tasks you are interviewing.
So according to the given situation, the company uses the assessment centers so that they could analyze the individual performance at the time of interview
