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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

#SPJ4

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Answer:60 days

Explanation:

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3 years ago

Palmona Co. establishes a $150 petty cash fund on January 1. On January 8, the fund shows $61 in cash along with receipts for th

saveliy_v [14]

Answer:

Palmona Co Journal entries

Jan-01

Dr Petty cash 150

Cr Cash 150

Jan-08

Dr Postage expense 35

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3. Jan-08

Dr Postage expense 35

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Explanation:

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3.To record reimbursement

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2 years ago

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spayn [35]

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3 years ago

The personnel director at a large company studied the eating habits of the company's employees. the director watched and recorde

valina [46]

The answer is "An experiment."

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In the analysis stage, the specialist thinks about gathering scores on some reliant variable. In view of the investigation, the scientist makes an inference about whether the treatment (independent variable) causally affected the dependent variable.

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3 years ago

Express the following comparative income statements in common-size percents. (Round your percentage answers to 1 decimal place.)

Mila [183]

Answer: Cost of Goods sold

Explanation:

Common size analysis refers to making all entries in the income statement, a percentage of sales for that year.

Current Year Prior Year

Sales 100% 100%

Cost of Goods sold 75.7% 46.5%

Gross Profit 24.3% 53.5%

Operating expenses 17.3% 35%

Net Income 7.0% 18.5%

Looking at the percentages above, one can see that the COGS increased the most from the previous year by going from 46.5% to 75.7% representing an increase of 29.2%.

This had the most impact on Net income as it substantially reduced Gross profit.

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3 years ago