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Valentin [98]
4 years ago
10

Hillary Clinton, as a presidential candidate, actively engaged in trying to persuade potential voters of her ideas and her worth

iness to be elected as the first woman president of the US. Mrs. Clinton periodically presented her message in the form of highly structured "town hall" meetings with voters. From a marketing perspective, these town hall meetings, illustrate the ____________ component of the marketing mix.a. Product
b. Promotion
c. Place
d. Prediction
e. Price
Business
1 answer:
Troyanec [42]4 years ago
7 0

Answer:

b. Promotion

Explanation:

This is a promotional marketing strategy. Promotional marketing is a strategy that aims to generate more value for a product or service, in order to build customer / audience loyalty. This is usually a sales strategy that can also be applied to political campaigns. Hillary's strategy was to use being the first possible US president as a differentiation from her campaign. This is a way of bringing a group of voters sympathetic to the idea proposed (female president) to the election campaign. This is reinforced by the proximity she sought in having structured meetings with voters.

You might be interested in
Orion Iron Corp. tracks the number of units purchased and sold throughout each year but applies its inventory costing method at
sammy [17]

Answer:

Part 1.

Number = 2,000 units and Cost  = $26,800

Part 2.

1,040 units

Part 3.

a. FIFO

Ending Inventory  = $14,580

Cost of Goods Sold  = $12,220

b. LIFO

Ending Inventory = $13,180

Cost of Goods Sold  = $13,620

c. Weighted Average Cost

Ending Inventory = $13,936

Cost of Goods Sold = $12,864

Part 4.

Orion Iron Corp.

Income Statement

                                            FIFO               LIFO         Weighted Average

Sales (960 x $42)          $40,320          $40,320               $40,320

Less Cost of Sales        ($12,220)         ($13,620)               ($12,864)

Gross Profit                    $28,100          $26,700                $27,456

Less Expenses

Operating Expenses    ($18,000)         ($18,000)              ($18,000)

Net Income                     $10,100            $8,700                 $9,456

Part 6.

Weighted Average method minimizes Income taxes as it provides lowest profits than the rest of the methods.

Explanation:

Periodic Inventory method ensures that Cost of Sales and Inventory Value are determined at the end of the period.

Cost of Goods Available for Sale = Beginning Inventory + Purchases

therefore,

Number = 350 + 950 + 700 = 2,000 units

Cost = 350 x $14 + 950 x $12 + 700 x $15 = $26,800

Units in Ending Inventory = Units available for sale - Units sold

therefore,

Units in Ending Inventory = 2,000 - ( 350 + 610 ) = 1,040

FIFO

<em>This method assumes that the units to arrive first, will be sold first.</em>

Ending Inventory =  340 x $12 + 700 x $15 = $14,580

Cost of Goods Sold = 350 x $14 + 610 x $12 = $12,220

LIFO

<em>This method assumes that the units to arrive last, will be sold first.</em>

Ending Inventory = 690 x $12 + 350 x $14 = $13,180

Cost of Goods Sold = 700 x $15 + 260 x $12 = $13,620

Weighted Average Cost

This method calculates a new unit cost based on units available for sale after each and every purchase. This unit cost is then used to determine the cost of sales and inventory value.

Unit Cost = Total Cost ÷ Units available for sale

                = $26,800 ÷ 2,000 units

                = $13.40

Ending Inventory = Units in Inventory x Unit Cost

                             = 1,040 x $13.40

                             = $13,936

Cost of Goods Sold = Units Sold x Unit Cost

                                 = 960 x $13.40

                                 = $12,864

3 0
3 years ago
The staffing system components model says that the phases of the staffing process occur in which order after the initial interac
olya-2409 [2.1K]

Answer:

Recruitment, selection ,employment

Explanation:

The staffing system components model occur in this stage that is <em>Recruitment, Selection, Employment </em>, after the initial interaction between the applicant and the organization .

<em>Staffing refers to filling the empty space or finding the appropriate person for the empty space or job.</em>

<u>The staffing function has three elements which are mentioned below-</u>

   1. Recruitment

   2. Selection

   3. Training

<u>The stages of staffing function are -</u>

    1. Estimating man power requirement

    2. Recruitment

    3. Selection

    4. Placement and orientation

    5. Training and development

    6. Performance Appraisal

    7. Promotion and career development

    8. Compensation

6 0
3 years ago
________ is based on research that estimates how much of a product will sell over a given period of time.
konstantin123 [22]

Answer:

sales forecasting

Explanation:

Sales forecasting is a mathematical tool or process to estimate the amount of sales for a product over a given period of time.

Sales forecasts helps companies to make better business decisions so as to analyse the short-term and long-term performance.

The basis for the forecast are generally the past sales data of the product, industry-wide comparisons, and the economic trends for the related products.

6 0
3 years ago
United Technologies is a good example of a​ ________ strategy because it uses individual or separate family brand​ names, includ
Andrew [12]

Answer:

e. house of brands

Explanation:

House of brands is when a company has many brands. Each one is independent, with its own target audience. They each communicate a unique brand value to customers.

United Technologies has adopted this strategy by developing various brands: Otis Elevators, Carrier Heaters and Air-conditioners, Sundstrand Aerospace, and Sikorsky Helicopters.

8 0
3 years ago
Dr. hamrick is hired by the abc company to hear cases involving grievances of employees of the company. sometimes evidence is pr
Phoenix [80]

Answer:

This is an example of <u>"arbitration".</u>

Explanation:

When someone resolve the disputes outside the court, and that person is the third party who is solving the dispute of two parties, this process is known as arbitration. As in the given scenario Dr, hamrick is hired to resolve the disputes of the employees of the company, so this is the example of the process of arbitration.

8 0
3 years ago
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