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Kobotan [32]
1 year ago
7

Since it‘s where most young adults spend their time, 50% of retailers spend at least half of their marketing money on.

Business
1 answer:
hichkok12 [17]1 year ago
7 0

Since it‘s where most young adults spend their time, 50% of retailers spend at least half of their marketing money on Mobile social advertising.

<h3> What is marketing?</h3>

Marketing can be defined as a process through which the company or a brand makes the consumer aware of their products And or perceive them to buy their commodity or the service they are providing.

As Retailers spend approximately 50% of their income on convincing young adults who spent most of their time on social media to Buy a particular product. They use mobile or social media advertising to do so as Most young adults buy their products from that source.

Learn more about marketing, here:

brainly.com/question/13414268

#SPJ1

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Suppose that, in a competitive market without government regulations, the equilibrium price of donuts is $1.00 each. Indicate wh
vodomira [7]

Answer:

1. Price ceiling, Binding

2. Price ceiling, Binding

3. Price floor, binding

Explanation:

Price ceiling is a government or group control limit on how high a product, commodity or service can be charged.

Price floor is a government or group limit on how low a product, commodity or service can be charged.

Binding simply means you are legally bound to something while non-binding means you are not legally bound to it.

8 0
3 years ago
How does advertising influence the job roles in a purchasing department and business buying decisions?
DIA [1.3K]
The company's objectives, purchasing<span> policies and resources </span>can influence<span> the buying process. ... Four main </span>influences<span> impact the </span>business buying decision<span> process: ... from marketing or other functional</span>departments, must pay close attention to ... Individual factors including age, education level, personality,job<span> tenure, and ...</span>
3 0
3 years ago
Gundy Company expects to produce 1,243,200 units of Product XX in 2020. Monthly production is expected to range from 79,000 to 1
a_sh-v [17]

Answer:

Gundy Company

Flexible Budget Report for the month of March, 2020:

                          Flexible Budget     Actual Budget     Variance

Direct materials    $400,000              $425,000       $25,000 U

Direct labor           $700,000              $695,000         $5,000 F

Overhead           $1,000,000            $1,005,000         $5,000 U

Fixed Cost            $632,000              $632,000          $0        None

Explanation:

a) Data and Calculations:

Expected production units for 2020 = 1,243,200

Monthly production range = 79,000 to 121,000

Budgeted variable manufacturing costs per unit are:

Direct materials $4

Direct labor        $7

Overhead        $10

Total variable cost   $21

Budgeted fixed manufacturing costs per unit:

Depreciation   $5

Supervision     $3     $8

Total costs    $29

Total fixed cost = 79,000 * $8 = $632,000

Actual costs incurred in March 2020:

Production units = 100,000

Direct materials = $425,000 ($4.25 per unit)

Direct labor = $695,000 ($6.95 per unit)

Variable overhead = $1,005,000 ($10.05 per unit)

Actual fixed costs = $632,000

Flexible Budget:

Direct materials $400,000 ($4 * 100,000)

Direct labor        $700,000 ($7 * 100,000)

Overhead        $1,000,000 ($10 * 100,000)

Fixed Cost         $632,000

4 0
2 years ago
Which of the following is true regarding the payback method: 18 8 01:02:53 a. When a company is 'cash poor', a project with a sh
Rasek [7]

Answer:

b. The computation of the payback period is the project's initial investment divided by the present value of its net cash flows.

Explanation:

Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows

Payback period = Amount invested / cash flow

Discounted payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative discounted cash flows

payback period decreases as cost of capital increases

A payback period of 35 means a company will recover the amount invested in a project in 35 years

6 0
2 years ago
The dollar value generated over decades of customer loyalty to your company is known as
nlexa [21]
Band equity as it means the commercial value generated by a consumers view of the brand of a service/ product not the product/service they are actually buying
Hope this helps
4 0
3 years ago
Read 2 more answers
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