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1 year ago

Which of the following are good examples of objectives that a marketing manager might set for advertising?

1 answer:

5 0

Persuade potential clients to attempt a sample of the product. Emphasize that the product is more innovative than its rivals.

Promote the agency website as a way for customers to research more about the product.

<h3>What is a Marketing objective?</h3>

A announcement of what is to be accomplished through advertising activities.

<h3>What is the principal goal of advertising strategies?</h3>

The reason of a marketing design is to have a defined path to go to achieve new customers, support relationships with present day clients and clients, extend sales, enhance retention and expand company awareness.

Learn more about marketing objectives here:

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1. The car dealer is offering a promotion on a new that the buyer pays zero interest over 72 months. The monthly payment is $350

inessss [21]

Answer:

selling price of this car is $22700

Explanation:

given data

zero interest = 72 months

monthly payment = $350

market interest rate = 3.5% per year = 0.2917 % per month

time = 6 year = 72 months

solution

we get here present value of annuity that is

present value annuity = ( 0.2917 % per month , 72 months )

present value annuity = 64.8568

so here selling price of car is

selling price = monthly payment × present value annuity ............1

selling price = $350 × 64.8568

selling price = $22700

so selling price of this car is $22700

8 0

3 years ago

Southern Tours is considering acquiring Holiday Vacations. Management believes Holiday Vacations can generate cash flows of $218

PIT_PIT [208]

Answer:

The correct answer is option (A) $519,799.59.

Explanation:

According to the scenario, the given data are as follows:

Payment 1st year = $218,000

Payment 2nd year = $224,000

Payment 3rd year = $238,000

Rate of interest = 14.5%

So, We can calculate the amount Southern Tours willing to pay by using following formula:

We add the payment for 3 years by simple interest as:

= $\frac{payment (1st year)}{1+r^{t1} }$ + $\frac{payment (2nd year)}{1+r^{t2} }$ + $\frac{payment (3rd year)}{1+r^{t3} }$

= $\frac{218,000}{1+0.145 }$ + $\frac{224,000}{(1+0.145)^{2} }$ + $\frac{238,000}{(1+0.145)^{3} }$

= $519,799.59

Hence, the amount Southern Tours willing to pay is $519,799.59.

4 0

4 years ago

Which of the following would likely be covered under homeowners insurance but NOT by renter's insurance? A)Your basement floods,

Snowcat [4.5K]

I would say that B), C) and D) would apply as events that would be covered by one's own homeowner insurance for sure. The flooding, as long as it wasn't one's own fault, ie it was the neighbour's fault or it ingressed from outside for example should be covered by the building insurance if it is a strata complex and if one has a deductible for flooding in case of one's fault, that will help too.

8 0

3 years ago

Read 2 more answers

Adam plans to invest $1500 today in a mutual fund. if he earns 12 percent interest compounded monthly, to what amount will his i

konstantin123 [22]

Starting amount is $1,500, 12% interest that compounds monthly and it will grow over a period of 20 years. Using a calculator it comes out to a total of <span>$16,339.07</span>

4 0

3 years ago

Argue why are Treasury bills a favorite place for financial managers to invest excess cash, as compared to other options? Your a

Maurinko [17]

Treasury bills are a favorite place for financial managers to invest excess cash because of the sizable and vibrant market in which they are traded.

<h3>What are treasury bills?</h3>

Treasury bills are referred to as short-term securities issued by the government when they require cash. In comparison to their face value, bills are offered at a discount.

As a result, the investor can choose any term from one day to a year, literally defining the desired maturity. Maximum liquidity is offered by the "T-bill" market, which may take on practically any volume of activity.

Learn more about Treasury bills, here:

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5 0

2 years ago