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pychu [463]
3 years ago
6

Maureen, a talented painter, started a business making handmade furniture with customized designs painted on each piece. Because

she knows nothing about marketing, you'd advise her to
A. rely on word-of-mouth to sell her furniture.

B. hire an outsider with marketing experience.

C. teach herself how to market the products.

D. ask a relative to handle marketing for her.

And c is wrong
Business
2 answers:
Fynjy0 [20]3 years ago
5 0
A. rely on word-of-mouth to sell her furniture
This method is cost-effective and would go a long way in the business world. Patience is the key to its success and maintaining the standard of quality & integrity will be her focus. With this, she will make long-term customers.
DochEvi [55]3 years ago
5 0

I believe the answer is: B. hire an outsider with marketing experience.

By hiring an outsider with marketing experience, Maureen could focus all of her time solely on creating the best quality products while the marketers can handle all of the sales. Even though the cost may be high in the beginning of the operation, Maureen would start to see profit when her costumer base start to grow.


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Media richness refers toa. a message's impact on the company's bottom lineb. how much a communication channel costs the company
Anit [1.1K]

Answer: c. the extent to which a channel represents all of the information available

Explanation:

Media richness is when a communication media is able to pass across a rich messages. We should note that the characteristics of richness has to do with the amount of feedback, language variety, and social cues, that is passed to a communicative partner.

Media richness has to do with the amount of information that is transmitted through a particular communications channel.

6 0
3 years ago
Suppose that during the past year, the price of a laptop computer rose from $2,750 to $2,880. During the same time period, consu
icang [17]

Answer: Elasticity of demand is 7.06

Explanation:

P1= $2,750

P2=$2,880

Q1=446,000

Q2=321,000

Elasticity = \frac{Q2 - Q1}{\frac{Q1 + Q2}{2} } * \frac{\frac{P1 + P2}{2} }{P2 - P1}

Elasticity = \frac{321,000 - 446,000}{\frac{446,000 + 321,000}{2} } * \frac{\frac{2750 + 2880}{2} }{2880 - 2750}

Elasticity = \frac{-125,000}{383,500} * \frac{2815}{130}

Elasticity = - 0.3259*21.6598

Elasticity = -0.76

Thus, elasticity of demand for laptops is 7.06. This means that laptops are highly price elastic as it is greater than 1.



8 0
4 years ago
An investment proposal with an initial investment of $100,000 generates annual net cash inflow of $20,000 for a period of 10 yea
dalvyx [7]

Answer:

5 years

Explanation:

Initital investment           $100,000

Cash inflows 1-5 (20,000*5)             ($100,000)

The payback period for this investment project is 5 years.

or

100,000/20,000=5 years

7 0
4 years ago
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4 0
3 years ago
Can someone help pick 1, 2,or 3 ?
ollegr [7]

Answer:

2no I think you are confused so

8 0
3 years ago
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