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yaroslaw [1]
2 years ago
9

A vital component of marketing is ______, which involves letting customers know the benefits of the product/service, where you c

an buy it, and describing the value proposition of the product/service.
Business
1 answer:
Sindrei [870]2 years ago
5 0

The vital component of marketing is promotion.

Promotion in marketing refers to any sort of marketing communication that is used to enlighten target audiences about the relative qualities of a product, service, brand, or problem, and is usually persuasive in nature. It assists marketers in creating a distinct space in the minds of their customers, which can be either cognitive or emotional.

Marketing relies heavily on promotion. Marketing promotion is described as a method of communication between buyer and seller in which the buyer persuades his or her audience to purchase his or her items.

Advertising, sales promotion, public relations, and direct marketing are the four primary promotional strategies.

Hence, the blank will be filled by promotion.

To know more about promotion click here:

brainly.com/question/26312542

#SPJ4

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Event sponsorship is not an effective public relations tool. The most common publicity-based tool is the press conference. Marke
Mariana [72]

Public relations (PR) is the process of maintaining a favorable image and building associated with events, sponsorships and other PR-related activities.

<h3>What is Public relations?</h3>

The practice of managing and disseminating information from an individual or organization to the public in order to influence their public perception is known as public relations. The distinction between public relations and publicity is that PR is controlled internally, whereas publicity is not controlled and is contributed by third parties.

Public relations professionals create and maintain a positive public image for a business or organization. They generate media, ranging from press releases to social media messages, that shape public opinion of the company or organization and raise brand awareness.

To know more about Public relations follow the link:

brainly.com/question/20313749

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7 0
1 year ago
earned net sales revenue of $62,000,000 in 2016. Cost of goods sold was $41,540,000​, and net income reached $9,000,000​, the​ c
Gekata [30.6K]

Answer:

33%

Explanation:

The gross profit percentage is also known as the gross margin which is the ratio of the gross profit to sales. it shows the amount of gross profit earned per $1 of revenue made.

The gross profit is the difference between the sales and the cost of goods sold.

Gross profit for 2016

= $62,000,000 - $41,540,000

= $20,460,000

Gross profit percentage

= $20,460,000 /$62,000,000

= 0.33

= 33%

3 0
3 years ago
Allison wants to become an MLO but is unsure about the process in which she must go through to obtain her license. She needs som
ladessa [460]

Answer: See explanation

Explanation:

The steps that Allison must take in order to obtain her mortgage loan originator license include the following:

Step 1. In order to get the license, Allison should be at least 18 years old.

Step 2. Allison should register with Nationwide Mortgage Licensing System and Registry after which she'll get an NMLS number.

Step 3. Allison would then have to finish the 20 hours pre-licensure education aftee which she must pass it by having a score of at least 75%.

Step 4. Allison would then go through a criminal background check if she scores at least 75% and get the credit report.

8 0
2 years ago
Historically, common crimes (such as robbing a bank) were punished more severely than white collar crimes (like embezzlement). W
Gelneren [198K]

Answer:

They must be severely punished.

Explanation:

Common crimes earlier were more threat full to the society than any other act and that is the reason they were mentioned more.

Since, the new era has new crimes, and one of the kind is white collar crimes which happens when companies’ heads try to misguide people with false financial reports, adding more losses to avoid taxes and sometimes showing more profit to attract potential investors, now it has become even severe.

Whichever the case, both crimes ultimately effect society and its stakeholders, however, common crimes are more frequent than white collar crimes.

Hence, they must be severely punished because they are committing crimes under the disguise of an innocent professionals.

5 0
3 years ago
The Terrence Co. manufactures two products, Baubles and Trinkets. The following are projections for the coming year: Baubles Tri
MAXImum [283]

Answer:

Bauble to be sold for break even = 5484

Explanation:

Sales Mixture = 16000 : 8000 =  2:1                  2            :         1  

                                                                             Bauble         Trinkets  

Selling Price P.u (16/16) : (16/8)                         =       1                    2

Variable Cost  (6400/16000) : ( 11520/16000)  =     (0.4)              (0.72)

Contribution margin Per unit (Sp-Vc)                =      0.6                1.28      

Com-posit Cm 2 baubles 1 trinkets                   = 0.6*2+1.28*1 =   2.48  

Fix Cost Total  =  3200+3600 = 6800

Break-Even units =  6800/2.48 = 2741

Baubles 2742*2  = 5484*0.6 = 3290.4

Trinkets 2742*1   = 2742*1.28 = 3509.7

5 0
3 years ago
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