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2 years ago

Although test marketing costs can be high, they are often small when compared with ________.

1 answer:

5 0

Although test marketing costs can be high, they are often small when compared with the costs of a major mistake.

<h3>What is meant by test marketing?</h3>

Before a larger release, a product or marketing campaign is made accessible on a restricted basis to test markets with the intention of examining consumer reaction. It's crucial to keep in mind that customers who have been exposed to the product or campaign can unknowingly be a part of a test group.

Standard test markets, controlled test markets, and simulated test markets are the three different types of test markets. The main users of test markets are marketers of consumer packaged goods. Products supplied in packets that people use practically daily are referred to as consumer packaged goods (CPG).

Even while test marketing expenses can be considerable, they are frequently insignificant when weighed against the price of a significant error.

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Universal Travel Inc borrowed $500,000 on November 1, 2018 and signed a twelve month note bearing interest at 6% Principal and i

horrorfan [7]

Answer:

Interest will be $5000

So option (A) will be correct option

Explanation:

We have given principal amount P = $500000

Rate of interest = 6 %

Time is November 1 to December 31

So time = 2 months = 0.1666 year

Interest is given by

Interest $=\frac{principal\ amount\times rate\times time}{100}=\frac{500000\times 6\times 0.1666}{100}=$5000$

So option (a) will be correct option

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2 years ago

Gregory knew that he was going to have to pay a premium for buying a home in a certain area but was determined to do so because

labwork [276]

The characteristic of value that is represented here is <u>C. Situs.</u>

<h3>What is Situs?</h3>

Situs refers to the location of the property in legal terms. The location of an asset adds or subtracts value from the property. Some properties are located in urban areas where the demand is much more than in suburbs or rural areas. Such properties attract equivalent values based on their locations.

<h3>Answer Options:</h3>

A. Scarcity

B. Nolo Contendere

C. Situs

D. Caveat Emptor

Thus, the characteristic of value represented in this scenario is not scarcity, nolo contendere, or caveat emptor, but <u>Option C. Situs.</u>

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2 years ago

How does the FDIC monitor banks?

Lynna [10]

FDIC monitor banks by analyzing Call Report data and examination findings relative to the emerging trends.

The FDIC monitor banks to ensure that they are operating within the bounds of the law and are not engaging in any illegal or unsafe practices. They also work to ensure that banks are providing customers with the best possible service and are protecting their deposits

If the FDIC finds that a bank is not meeting these standards, they will take action to correct the situation. As a result, the FDIC has a better understanding of the risks that banks face and is better equipped to protect consumers from financial fraud.

To know more about banks, click here.

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7 0

1 year ago

The total length of your apartment is 30 feet and the total width is 20 feet. What is the total area of the apartment?

gavmur [86]

Answer:

The answer should be 600

Explanation:

30x20=600

6 0

3 years ago

In the context of business products, unprocessed extractive or agricultural products are called _____.

klasskru [66]

Answer:

In the context of business products,unprocessed extractive or agricultural products are called RAW MATERIAL

Explanation:

Raw material is the basic material from which a product is made or it can be defined as materials or substance in the primary production or manufacturing of goods

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3 years ago

Read 2 more answers