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salantis [7]
2 years ago
14

What factors are used in the rule-of-thumb methods to determine the communication budget?.

Business
1 answer:
kvv77 [185]2 years ago
3 0

The factors that are used in the rule-of-thumb methods to determine the communication budget is "Prior sales and communication activities".

<h3>What is rule-of-thumb method?</h3>

The rule of thumb would be a cognitive guideline that offers basic guidelines or guidance that is distilled for a certain topic or course of action.

Some characteristics of rule-of-thumb are-

  • A general rule of thumb an unofficial practical guidance that offers streamlined rules that generally apply.
  • Numerous financial rules of thumb provide advice on how much should be saved, how much should be paid for a home, where and how to invest, and other topics.
  • Rules of thumb may not apply to your specific scenario because they not scientific and don't take into consideration the unique circumstances and demands of each individual.
  • It is a fundamental principle that provides step-by-step guidelines for carrying out or handling a specific task.
  • In contrast to scientific study or a theoretical underpinning, rules of thumb typically emerge through experience and practice.

To know more about rule-of-thumb method, here

brainly.com/question/9220387

#SPJ4

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A review of Munchen Corporation's financial statements reveals the following information: cost of goods sold: $100,000; decrease
drek231 [11]

Answer:

The Cash paid to suppliers was $85,000

Explanation:

Data provided in the question:

Cost of goods sold = $100,000

Decrease in inventory = $5,000

Increase in accounts payable = $10,000

Now,

Cash paid to suppliers will be

= Cost of goods sold - Decrease in inventory - Increase in accounts payable

= $100,000 - $5,000 - $10,000

= $85,000

Hence,

The Cash paid to suppliers was $85,000

8 0
3 years ago
Which of the following is true about the correlation between salary and job satisfaction? a. Financial perks and benefits always
Sindrei [870]
Can you dm me for the answer I’m not home rn I’m trying to help out a lot of people
4 0
3 years ago
Read 2 more answers
Which of the following are steps in the planning process of an organization? (Check all that apply.) Multiple select question. F
vovangra [49]

The steps in the planning process of an organization include:

  • A. Formulating strategies to achieve the goals.
  • B. Determining the organization's mission and goals.
  • D. Selecting the most effective way to implement the organizational strategy.

<h3>What is planning?</h3>

Planning is a management function that ensures the achievement of organizational efficiency and effectiveness.

Planning usually takes place at three levels of the organization, including:

  • Functional
  • Business
  • Corporate levels.

Thus, the steps in the planning process of an organization include Options A, B, and D.

Learn more about the planning function at brainly.com/question/3504046

#SPJ12

5 0
1 year ago
Discuss the unique marketing characteristics a product or service required based on the specific phase of the product life cycle
laiz [17]

Answer: The product life cycle of a unique marketing can be characterized by introduction, growth, maturity and decline.

Explanation:

The product life cycle of a unique marketing can be characterized by introduction, growth, maturity and decline.

Introduction; This is viewed as an entry level into the market. Where the goods begin to gain a little recognition

Growth; this is described as a movement from introduction to a fast or slow consistent rapid growth of the product in the market.

Maturity; is described as the growth from the growth category, where the product gain some market stability and is now known by the public.

Decline; is the stage of slow and loss of recognition in the market space which could be caused by lack of creativity or consistency drop

While some products may stay in a prolonged maturity state, all products eventually phase out of the market due to several factors including saturation, increased competition, decreased demand and dropping sales

5 0
3 years ago
Suppose economies A and B have the same initial level of GDP per capita at $15,000, and each economy begins with a constant grow
Zinaida [17]

Answer:

If we made the assumption that both countries had a per capita of $15,000 in 1960, country A, which entered an era of political stability, and applied liberal reforms, growing at a rate of 5%, would double its GDP per capita by 1975, reaching a GDP per capita of $31,183.92.

On the contrary, country B, which continued to grow by 1% per year, would only double its GDP per capita by 2030, reaching a figure of $30,101.45.

Therefore, it would take 55 years more for country B to double its per capita GDP level compared to country A.

4 0
3 years ago
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