Answer:
E. Two- Step approach to direct marketing
Explanation:
The two step approach is a form of direct marketing that involves two steps or procedures. The first step is compose of designing to screen or qualifying potential buyers. While the second step is the responsibility of generating response. In this approach, multiple efforts/steps are used in generating responses. In this scenario, the first effort done by the company was using telemarketing to inform the potential buyers on their products. While the second effort was placing s website that contains a form in which buyers can use in purchasing products.
Answer:
d. rational decision making
Explanation:
Rational decision making -
It refers to using the proper thought process during the act of decision making , is referred to as rational decision making .
The method supports in the decision making , it makes the use of knowledge and information in a very proper manner .
This method is employed during making a very high value decision .
Hence , from the given scenario of the question ,
The correct answer is d. rational decision making .
Answer:
You can find your answer in attached document.
Explanation:
Answer:
$900,000
Explanation:
Given that,
Perpetuity payment = $100,000
Annual interest rate = 12.5 percent
Total value of investment should be:
= Perpetuity payment ÷ Annual interest rate
= $100,000 ÷ 0.125
= $800,000 (should be as balance on the date of retirement)
The first payment of $100,000 should be on the date of retirement
Therefore,
Total investment on the date of retirement should be:
= $800,000 + $100,000
= $900,000
