All categories

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

#SPJ4

You might be interested in

A catalog company that receives the majority of its orders by telephone conducted a study to determine how long customers were w

Oksi-84 [34.3K]

The waiting time at which 10 percent of the people would continue to hold is given as 2.3

<h3>How to solve for the waiting time</h3>

We have to solve for X ~ Exponential(λ).

then E(X) = 1/λ = 3,

= 0.3333

Remember that the cumulative distribution function of X is F(x) = 1 - e^(-λx). ; x is equal to the time in over case

For 10 percent of the people we would have a probability of

10/100 = 0.1

we are to find

P(X ≤ t)

= 1 - e^(0.3333)(t) = 0.1

Our concern is the value of t

Then we take the like terms

1-0.1 = e^(0.3333)(t)

1/0.9 = e^(0.3333)(t)

t = 3 * ln(1/0.9)

= 0.3157

5 0

2 years ago

What is the term given to mortgage loan costs such as pest inspections, survey fees, and title insurance?

vichka [17]

Answer:

Services the borrower did shop for, that the buyer may find on his own.

Explanation:

Services such as a pest inspection or title insurance are services that the buyer of a house usually want, but are not mandatory for them to purchase. Therefore usually buyers must search for them on their own since they are not required by a bank.

They are different than services that a lender requires like home insurance, which a buyer must purchase.

3 0

3 years ago

At a price of $5/hour, bob wants to hire three workers. when the price rises to $7/hour, bob wants to hire only two workers. bob

Rashid [163]

$5 per worker
5*3=15
$7 per worker
7*2=14
total of what he pays the workers per hour
15+14=29
he pays the workers 29 dollars per hour

7 0

3 years ago

The Card Shoppe needs to maintain 18 percent of its sales in net working capital. Currently, the store is considering a four-yea

mylen [45]

Answer:

$56,520

Explanation:

As per given data

Year Sales Working Capital 18%

0 $279,000 ($50,220)

1 $308,000 ($5,220)

2 $314,000 ($1,080)

3 $314,000 $0

4 $314,000 $56,520

As the sales value of year 2, 3 and 4 are same, as capital is adjusted in year 2 and company has equal working capital required in year 3, years 4 is the last year of the project so, working capital will be recovered from the project

Net Working capital will be reimbursed at the end of the project. The accumulated value of investment in working capital will be recorded as cash inflow in the analysis.

0 0

3 years ago

Baker Corp. is required by a debt agreement to maintain a current ratio of at least 2.5, and Baker's current ratio now is 3. B

Orlov [11]

Answer:

$1.67 Million

Explanation:

Current asset = 15 Million

Current liabiltiy = 15 Million/3

= 5 Million

Let the inventory X can be purchased with short term debt without violation

per current ratio requirement

(15 + x)/5+x = 2.5

15 + x = 12.5 + 2.5x

2.5 = 1.5x

x = $1.67 Million

Therefore, $1.67 Million inventory can Baker purchase without violating its debt agreement if their total current assets equal $15 million

7 0

3 years ago