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leonid [27]
1 year ago
12

which factors should be considered in the process of determining an advertising budget? (choose every correct answer.)

Business
1 answer:
Alex_Xolod [135]1 year ago
4 0

The factors that should be considered in the process of determining an advertising budget are Firms must understand how advertising will help them meet objectives and Advertising spending will fluctuate over the course of the product life cycle.

A budget for advertising is money set aside by a business to promote its products and services. Conducting market research, having ad creatives created and produced, promoting through print, digital, and social media, launching advertising campaigns, etc. are all examples of promotional activities.

Any marketing activity a business wishes to engage in requires some financial investment. The advertising budget is crucial for this reason. It aids in comprehending the goals. Costs aid in strategy development and profit generation by raising total sales.

To learn more about advertising budget, visit the link below:

brainly.com/question/29304981

#SPJ4

The complete question is:

which factors should be considered in the process of determining an advertising budget? (choose every correct answer.)

A) Firms must understand how advertising will help them meet objectives.

B) The budget should be uniform for all products within the firm.

C) The budget should be relatively uniform throughout the product's life.

D) Advertising spending will fluctuate over the course of the product life cycle.

E) Advertising spending should depend on the previous year's sales volume.

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Human Resources are like eyes,mouth,legs and etc. they help us everyday and we need them,without them we wouldn’t be anything and some ppl don’t have them but they work without it. Business objectives is like you doing something that requires objectives like pen,paper,laptop something that will help with business.

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3 years ago
Walter opens a motorcycle repair shop where he will not only repair motorcycles, but will also offer custom paint jobs, accessor
beks73 [17]
Make a profit...............
5 0
2 years ago
Year 1 2 3 4 Free Cash Flow ​$12 million ​$18 million ​$22 million ​$26 million Conundrum Mining is expected to generate the abo
makkiz [27]

Answer:

$463.67 million

Explanation:

The computation of the expected terminal enterprise value is shown below:

Terminal Enterprise value is

= Free cash flow ×  (1 + growth rate)  ÷ (Weighted average cost of capital - growth rate)

= $26 million × (1.07) ÷ (0.13 - 0.07 )

= $27.82 million ÷ 0.06

= $463.67 million

We simply applied the above formula to determine the expected terminal value

4 0
2 years ago
Reimer Company reported total manufacturing costs of $425,000, manufacturing overhead totaling $80,000, and direct materials tot
erik [133]

Answer:

$245,000

Explanation:

Total manufacturing costs are comprised by three components: manufacturing overhead, direct materials cost and direct labor cost.

If we are given the amount for each cost mentioned above except the labor cost, direct labor cost can be simply obtained by:

Total\ cost = Overhead+Materials+Labor\\Labor = \$425,000-\$80,000-\$100,000\\Labor = \$245,000

The direct labor cost is $245,000.

5 0
2 years ago
Case Study: Personnel Needs of ABC Company
vredina [299]

Answer:

Answer is explained in the explanation section below.

Explanation:

As a human resource manager, you'll have to work with a lot of different people with different personalities. To produce successful results, a manager must follow a step-by-step process.

Here, the ABC Company's human resource manager must assess the individual's needs and work location.

In the planning process, the HR manager considers a number of factors, including:

What credentials does the applicant obtain?

How many workers are needed to manufacture two new products?

What each employee should be paid depending on their assigned duties, and so on.

These are the company's human resource standards when launching two new products.

To fill the required role, the HR manager will issue job applications. It will shortlist the most suitable and professional applicants and invite them to participate in the next stage of the recruitment process.

4 0
2 years ago
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