<span>There are different elements of the promotional mix, namely: <span>multiple choice, advertising cause, marketing publicity, personal selling, and sales promotion. The one c</span>haracterized by a customized interaction that is extremely expensive but very persuasive and likely to yield immediate feedback is the personal selling.</span>
<span>Personal selling is more of a personal interaction where a buyer meets a seller. It aims to influence a person’s or group’s purchase decision.</span>
<span>Personal selling is customized. It is expensive because fees are paid to salespeople as either salaries or commissions. </span>
This desire to reduce internal tension is a crucial aspect of the drive-reduction theory.
<h3 /><h3>What is drive-reduction theory?</h3>
It corresponds to a psychological theory developed by Clark Hull, who believed that individuals are motivated to meet their basic needs, which are psychological and physiological needs.
Therefore, a behavior to reduce the unpleasant sensation of cold would be a physiological motivation proposed by the drive-reduction theory.
Find out more about drive-reduction theory here:
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Answer: Disadvantage of $52,000
Explanation:
Financial advantage(disadvantage) of dropping Product A will depend on if the savings associated with the drop will be more than the contribution margin that A brings in.
If the product is dropped, the fixed costs that would be dropped are: the salary of the manager, the advertising for the product and the insurance on the inventories of the product.
The other fixed costs are either general or irrelevant (product does not wear so depreciation is irrelevant)
Advantage (disadvantage) = Savings - Contribution margin
= (65,000 + 35,000 + 8,000) - 160,000
= (52,000)
Answer:
Business Administration and in general, all business degrees require at least two accounting courses, often even more, since accounting is such an important part in any business.
Finance is another degree that requires at least 2 accounting courses (likely more). Finance is closely linked to accounting, because finance is often dedicated to the study of aggregate accounting variables like those appearing in financial statements.
Economics is a degree that often requires at least 2 accounting courses, including a course in public accounting. It is important for economists to understand the accounting reality of governments and organizations.
Finally, International relations is a degree that often includes accounting courses as well.