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1 year ago

Which marketing activity is most directly served by the promotion element of the marketing mix?

Business

1 answer:

gizmo_the_mogwai [7]1 year ago

7 0

<u>Communicating value.</u>

The marketing mix activities are promotion (communicating value), product (creating value), price (capturing value), and place (delivering value).

<h3><u>What is the benefit of communicating?</u></h3>

When you convey value, you must guide your audience through the stages of exposure, awareness, attention, comprehension, evaluation, yielding, retention, and, ultimately, action. This response hierarchy model represents the progression of a customer from first knowing about your good or service to actually use it.

<u>What makes communicating value so crucial?</u>

No matter if your goal is to sell goods or services, persuade a target investor to invest in your firm, or find and keep the best personnel, your organization must be able to effectively communicate value to its stakeholders in order to achieve its goals.

Learn more about communicating value with the help of the given link:

brainly.com/question/14066002

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Which of the following is an example of long-term debt?

GarryVolchara [31]

Home equity loan is an example of long term debt among the choices provided in the question. The correct option among all the options that are given in the question is the last option or option "d". Long term debts are the type of debts that are not needed to be paid within a years time. I hope this helps.

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3 years ago

Arriving 20 minutes early to an interview _____. is too early because you will not be able to use your cell phone during that pe

Vikki [24]

If you are 20 minutes early to interview it shows that you can be early for things but sometimes too early to be able to do anything

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2 years ago

You manage a farm equipment supply store in iowa. Use the price of soybean futures as a signal, an incentive, and as a source of

vlada-n [284]

You manage a farm equipment supply store in iowa. Use the price of soybean futures as a signal, an incentive, and as a source of information to help make better business decisions by answering the following questions. Soybean futures are option C. contracts where a buyer agrees to purchase soybeans at a specific time in the future.

The price of soybean futures has increased over the last three months. as a soybean equipment supplier, how you would respond is that A higher futures price indicates that farmers expect to be able to sell soybeans at <u>higher</u> price in the future. You should <u>increase</u> the amount of soybean farming equipment you plan on supplying to the market.

<h3>Who is a store manager?</h3>

A store manager also known as a retail manager is the person powerfully responsible for the every day activities (or management) of a retail store. All employees working in the store report to the retail/store manager. A store manager reports to a district/area or general manager.

Therefore, the correct answer is as given above

learn more about store manager: brainly.com/question/28219371

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6 0

1 year ago

calls for establishing cost reduction targets for products or services that an organization is currently providing to customers.

dezoksy [38]

Answer:

A. Kaizen costing

Explanation:

Costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.

In Financial accounting, a direct cost can be defined as any expense which can easily be connected to a specific cost object such as a department, project or product. Some examples of direct costs are cost of raw materials, machineries or equipments.

On the other hand, any cost associated with the running, operations and maintenance of a company refers to indirect costs. Some examples of indirect costs are utility bill, office accessories, diesel etc.

Kaizen costing refer to calls for establishing cost reduction targets with respect to products or services that an organization is currently providing to customers. The word "Kaizen" has a Japanese origin and it simply means continuous improvement to a thing.

8 0

2 years ago

Suppose the elasticity of demand for your parking lot spaces, which are located in a downtown business district, is –1.8, and th

Ipatiy [6.2K]

Answer:

Elastic

DECREASED

Explanation:

The price elasticity is elastic. Demand is price elastic if the absolute value of coefficient of elasticity is greater than 1.

When demand is elastic, it means that quantity demanded is sensitive to changes in price. A small change in price would lead to a greater change in quantity demanded.

Because the parking lot has been operating below its full capacity and marginal cost is zero, the optimal strategy is to reduce price so that quantity demanded would increase.

I hope my answer helps you

4 0

2 years ago