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1 year ago

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

1 answer:

7 0

Rule of thumb methods use two factors to determine the communication budget. These factors are prior sales and communication activities. These methods have several limitations but they are also easy to implement.

<h3>What are prior-sales activities?</h3>

These activities are also called the pre-sales activities and they are the ones which are performed before any product is sold to the customer.
These activities include product research, market research, analysis of data and customer proposals etc…
communication activities mainly include training the salesperson in a way that he can easily persuade the customer and explain the product content nicely.
These activities can be of verbal and non-verbal kind. Example: sales pitch, e-mails, calls etc.

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An individual consumes products X and Y and spends $36 per time period. The prices of the two goods are $3 per unit for X and $2

vekshin1

Answer:

a) 3X + 2Y = 36

b) X = 6 , Y = 9

c) 27

Explanation:

Individual consumes : X and Y

Spends : $36 per time period

unit cost : $3 per unit for X

$2 per unit for Y

utility function : U( X, Y ) = .5XY

<u>A) Budget equation mathematically</u>

X* Px + Y* Py = M

3X + 2Y = 36

Px and Py = unit cost for X and Y

M = Total spent ( revenue )

<u>b) Values of X and Y that will maximize utility </u>

Maximum utility ( MRS ) = Px / Py ,

MRS = MUx / MUy

= Y/X = 3/2

∴ 2Y = 3X

From BC : 6X = 36 ( X = 6 plug into mathematically equation above )

∴ X = 6 , hence Y = 9

<u>c) Total utility generated per unit of time </u>

U( X,Y ) = .5XY

= 0.5 * 6 * 9 = 27

6 0

2 years ago

Although the number of people employed in manufacturing in the united states has decreased since 1950, each person is now produc

gogolik [260]

The statement mentioned above regarding manufacturing in the United States is true.

<h3>What is manufacturing?</h3>

Manufacturing refers to the changing or conversion of the raw material into finished products and deliver it to the customers directly or indirectly. The manufacture of the products in order to maximize their profits and satisfy the needs of the customers.

More young individuals entering the industrial industry could have a significant impact on the manufacturing growth in the United States. Young people use their creativity and knowledge to increase the production.

The number of people has increased in manufacturing sectors. Therefore, it can be concluded that the statement mentioned above is true.

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5 0

1 year ago

Dot miller owns a small chain of dive shops. she is interested in knowing how many potential customers she will need to sample i

uranmaximum [27]

Standard deviation is an amount of the dispersion of a group of data from its mean. It is computed as the square root of variance by distinguishing the variation amid each data point relative to the mean. If the data points are distant from the mean, there is greater deviation within the data set. But since not all are given in this problem Dot can use some previous knowledge about the population, undertake a pilot study or approximation the range (7), and divide by 6.

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3 years ago

Gantner Company had the following department information about physical units and percentage of completion: Ch21_Q64 If material

Basile [38]

Answer:

200,000 units

Explanation:

The computation of the total no of equivalent units for material during may month is given below:

Units added during May is

= 150,000 + 50,000

= 200,000 units.

Hence, the total no of equivalent units for material during may month is 200,000 units

The same should be considered and relevant

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2 years ago

List all the source documents in accounting

devlian [24]

Answer:

Canceled checks.

Invoices.

Cash register receipts.

Computer-generated receipts.

Credit memo for a customer refund.

Employee time cards.

Deposit slips.

Purchase orders

Explanation:

That is all i think

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3 years ago