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1 year ago

Describe the advantages and disadvantages of advertising and other promotional tools.

1 answer:

4 0

Advertising is a means of communication in which a message about the product is sent to intend or influence people. It is basically considered a paid form of communication. Advertising is for a large number of people, not for one individual. Advertising is communication about different ideas and products. Different tools are used in advertising. Nowadays, most organizations give preference to social media advertising due to its benefits. Social media advertising gives more benefits as compared to other advertising and promotional strategies.

Following are the possible advantages of advertising and other tools

Sales will be promoted.
Production will be expanded
Huge profit
Information related to different products and prices.
More employment opportunities will be created.
People's living standards get improved.
You can target your customer easily
Customer can easily be engaged

Possible disadvantages of advertising and other promotion tools are

The cost of production will be increased.
Create unequal competition.
Promote consumption that is unnecessary.
Customer may compare your products with other competitors
Wrong advertising strategies brings more badly effects on sales

Therefore there are different advantages and disadvantages of advertising and promotional tools.

You can learn more about advertising at

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A standard hour incentive plan is likely to be successful if :_________

Y_Kistochka [10]

Answer: employees want the extra money more than they want to work at a pace that feels comfortable

Explanation:

A standard hour plan is based on the units that employees produce and once that unit is met, a set hourly wage is paid to the employees and an incentive can be given once the standard number of hours is exceeded.

It should be noted that a standard hour incentive plan is likely to be successful if employees want the extra money more than they want to work at a pace that feels comfortable. This will motivate them to work for extra hours since they want the extra money.

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2 years ago

Mark and Kate are establishing a fund for their son's college education. They would like $60,000 in the fund at the end of 10 ye

katen-ka-za [31]

Answer:

The lump sum amount to be deposited should be $27,020.67

Explanation:

Data provided in the question:

Future value = $60,000

Time, t = 10 years

Interest rate, r = 8% = 0.08

Compounded monthly i.e number of periods n = 12

Now,

Future value = Amount deposited × $\left( 1 + \frac{r}{n} \right)^{\Large{n \times t}}$

Therefore,

on substituting the respective values, we get

$60,000 = Amount deposited × $\left( 1 + \frac{0.08}{12} \right)^{\Large{12 \times 10}}$

$60,000 = Amount deposited × ( 1.00667 )¹²⁰

$60,000 = Amount deposited × 2.220522

Amount deposited = $60,000 ÷ 2.220522

Amount deposited = $27,020.67

Hence,

The lump sum amount to be deposited should be $27,020.67

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3 years ago

Television is different from film in that

Dmitry_Shevchenko [17]

Answer: The correct answer is "all answers correct".

Explanation: The television contains images of lower quality than the films since the films are made individually with the aim of creating an experience of cinematographic entertainment totally different from that offered by television.

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3 years ago

When working with international firms, U.S. businesses Multiple Choice expect socially responsible behavior from their business

Brilliant_brown [7]

When working with international firms, U.S businesses expect socially responsible behavior from their business partners.

<h3><u>Why do U.S businesses increasingly focus on international businesses?</u></h3>

American businesses are aware that doing business abroad will boost productivity and broaden their population, which will promote economic expansion. Since the beginning of time, there have been numerous international exchanges, and American businesses now recognize the advantages of offering their services abroad.

To cut costs, some US companies relocate abroad. To grow their business, other companies venture abroad. Many companies can successfully operate on a global scale.

You can learn more about international business using this link:

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2 years ago

Help with these 3 economics questions plzzzz

Firlakuza [10]

Answer:

Explanation:

Various educators teach rules governing the length of paragraphs. They may say that a paragraph should be 100 to 200 words long, or be no more than five or six sentences. But a good paragraph should not be measured in characters, words, or sentences. The true measure of your paragraphs should be ideas.

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