Answer:
A promotional plan of a company refers to the promotional mix. This mix contains decisions regarding the company which would put them on the path of growth and lead them towards success.
This consists of decisions regarding the manufacturing procedures, marketing decisions, market niche decisions, customer care services if required, promotional decisions, planing and strategic organizational decisions and etc.
Advertising regulations provide a set of rules and regulations that protects the consumer from deceptive or misleading claims.
Answer: Option (d)
<u>Explanation:</u>
Advertising regulations is a consumer protection act that safeguards the peoples from being misled in false information about sales and trade.
These regulations evaluates the bad products in a company and makes it fail easily.
It explains the detailed information about the severity of false product in a company and prevents the people from consuming that product.
FTC is one of the advertising policies commonly referred to as the Federal Trade Commission safeguards the consumers from unwanted practices and it also protects the basic rights of the consumer in a state.
FTC uses three major bureaus to evaluate the fraud practices involved in a business and implements a proper advertising activities.
Bureaus of Competition, Economy and Consumer protections implies the best practices of advertising policies.
<u>Answer:
</u>
Out of the following positions, the position of the factory supervisor would have a salary or wage that is classified as a factory overhead cost by a baking company.
<u>Explanation:
</u>
- For a baking factory, professionals like a baker, a salesman, or the president of the company are mandatory to have.
- The need for a factory supervisor arises only if it is devised or felt that the employees would not work properly if they are not monitored.
- If such a need is not felt anymore, the salary of the factory supervisor would be considered as an overhead cost by the company.
Answer:
$224,000
Explanation:
Goodwill from acquiring Mini Company = Cash consideration paid - Fair value of Mini Company's plant and equipment = $371,000 - $147,000 = $224,000
The net increase in Maxi's assets only after paying the cash for Mini is $224,000 i.e. the goodwill from acquiring Mini Company.
