The given statement is True.
In this new communication environment, advertising is often the single most important element of a marketing communication program for sales and building brand and customer equity.
Explanation:
Advertising is an important part of Marketing. Advertising is basically a written, verbal, non verbal, visual, promotional message about the product or service by the company.
In this new world of communication, Advertising is very important, because without advertising, it is very difficult to attract customers and make the customer's base and build the brand image among them.
Advertising is done by companies through medium like, Television, Magazines, Billboards, Hoardings, Promotional Events, etc.
Learn more about Advertising at:
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Answer:
The costs of a “freebie” item includes resources to make, a person's labor, and the cost to the store to offer it to us as free.
Explanation:
Answer:
Option D. The accountant was a member of a professional organization.
Explanation:
The reason is that for a successful claim under the negligence act, the claimant have to prove following three things:
- Duty of care existed between the relation
- She has suffered economic harm &
- The harm was proximately caused by the accountant's breach of the duty of care.
So the accountant's membership is not a valid requirement under the negligence act for a successful claim.
Answer:
Results are below.
Explanation:
To determine whether the project should be accepted or not, we need to calculate the net present value. <u>If the NPV is positive, the project should be accepted.</u>
<u>To calculate the NPV, we will use the following formula:</u>
NPV= -Io + ∑[Cf/(1+i)^n]
Cf1= 9,800/1.0975= 8,929.38
Cf2= 16,400/1.0975^2= 13,615.54
Cf3= 21,700/1.0975^3= 16,415.20
Total= $38,960.12
NPV= -38,700 + 38,960.12
NPV= 260.12
<u>The project is profitable. </u>
