Answer:
Persuasive messages convince someone to accept a product, service, or idea.
Explanation:
A persuasive message starts with highlighting the customers greatest benefit. It can be boldly displayed on the heading or opening statement in a marketing conversation.
A persuasive message occurs when a person attempts to convince an individual or group to take certain specific actions•
In a business environment, the two types of persuasive messages are sales and marketing, which are utilized to convert intention to effective demand which translates into retained customers.
Answer:
Rate of return per quarter = 7.11%
Explanation:
<em>The rate of return is the percentage return earned if compounding is done quarterly. It can be worked as follows:</em>
r= (FV/PV - 1)- 1× 100
r- rate of return
FV= Future value of the investment after 48 months
PV= Amount invested now
Let the amount invested i.e PV be 10.
If the investment is tripped, the sum earned would be 3×10 = 30
DATA
FV- 30
PV- 10
n-48/3= 16
r= ?
r = ((30/10)^1/16 -1 )× 100
r= 7.1075 × 100 = 7.11%
r= 7.11%
Rate of return per quarter = 7.11%
Answer:
D. Design and manufacture their own products.
Answer:
Debit : Allowance for doubtful debts - $62,000
Explanation:
An account for allowance for doubtful debts is a contra account created, predicting that certain debtors will not be able to pay for the goods and services they purchased. This can be based on historical experiences. Doubtful debts aren’t officially uncollectible, it is simply an estimation made, but bad debts are, where you have officially written off a certain accounts receivable as uncollectible.
An allowance for doubtful debts is recorded in the balance sheet, directly under accounts receivables. Bad debts are recorded as an expense in the income statement.
The question states that the company had recorded $62,000 as a bad debts expense in its income statement. In order to do this, the company would have first made an estimate of bad debts known as the allowance for doubtful debts where:
Debit : Bad Debts
Credit : Allowance for doubtful debts
When the amount is officially declared uncollectible as in this case, the allowance for doubtful debts account will be debited with $62,00 and the accounts receivables account will be credited with $62,000 meaning that the money would not be expected to be received from that debtor anymore.
Answer:
a. the number of factors included in a marketing research study are not exhaustive.
Explanation:
Marketing research is highly effective as a tool for guiding marketing decisions, but it is necessary for the manager to rely on making decisions not only through research, but also due to his conceptual skills of seeing the organization in a systematic way, where there is a much greater breadth and more complex factors than just the information found through marketing research. The set of the manager's vision, experiences, analyzes and indicators is important for the most adequate assessment so that organizational marketing decisions are effective and achieve the company's objective.
Therefore, it is correct to state that the number of factors included in a marketing research study is not exhaustive.
