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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

Communicating value.

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

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

What makes communicating value so crucial?

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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A company has a unit contribution margin of $80 and a contribution margin ratio of 50%. what is the unit selling price?

lora16 [44]

If a company has a unit contribution margin of $80 and a contribution margin ratio of 50%. Then its unit selling price is $160 therefore option (d) is the correct answer.

Contribution margin, or dollar contribution in keeping with the unit, is the selling fee in step with the unit minus the variable price in line with the unit. "Contribution" represents the portion of sales that isn't eaten up by variable prices and so contributes to the coverage of fixed fees. The contribution margin is computed because of the promoting charge per unit, minus the variable value according to the unit. Additionally known as greenback contribution per unit, the measure indicates how a specific product contributes to the general income of the business enterprise.

To calculate the unit selling price use the formula

Unit selling price = contribution margin / contribution margin ratio

Unit selling price = $80 / 50%

Unit selling price = $160

Therefore option d) $160 is the correct answer

The contribution margin ratio of a business is the same as its revenue much less all variable fees, divided by means of its sales. It represents the marginal gain of producing one more unit.

Learn more about the Contribution margin here brainly.com/question/24881206

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3 0

1 year ago

The head of accounting at delores inc. is computing a value that represents the company's financial performance for the previous

Nesterboy [21]

In this scenario, the mean as a measure of central tendency will be least effective as an accurate representation of financial performance.
The mean is a measure of central tendency that is the average for a sample.
In this specific case the mean is not effective measure because there is a huge difference in the financial performance in the last month compared to the previous months.So the mean would not give the real picture.

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3 years ago

A firm reports a net margin of 5.00%. The firm has 1,456,800.00 million shares outstanding. The firm has invested in a new produ

n200080 [17]

Answer:

To find Earning per share, we can find this by the following formula:

Increase in Earnings Per Share = Net profit of new products / Number of shares

and

Net Profit of new products = 5% * $4,898,300 = $244,915

Increase in Earnings Per Share = ($244,915) / 1,456,800 = 16.81%

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3 years ago

Tom finds out that his coworker is sharing confidential information with a competitor. What should Tom do to handle the situatio

omeli [17]

i just asked my brother , and he goes to business school at bentley university in massachusetts, he said he was in a similar situation he said that reporting it to your supervisors is the best idea.

your welcome!!

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3 years ago

What is the best scam ever in Business

mixas84 [53]

Like toys r us it failed because they always had low costs and low profits from their toys.

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3 years ago

Read 2 more answers