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Valentin [98]
3 years ago
7

Which of the following statements is true of direct marketing? Direct marketers can target only large groups of customers whose

demographic features have not been determined. Online direct marketing results in higher cost-per-contact for the company when compared to traditional mass marketing strategies. Direct marketing is immediate, interactive, and gives consumers a lot of control in making purchases. For buyers, direct marketing is an inconvenient and lengthy process. Direct marketers offer a limited selection of products and services to customers.
Business
1 answer:
Lady bird [3.3K]3 years ago
6 0

Answer:

The correct answer is: Direct marketing offers sellers a low-cost alternative for reaching their markets.

Explanation:

Direct marketing generally consists of creating direct connections or links with potential consumers in order to cultivate as long-lasting business relationships as possible. Achieve a closeness of constant loyalty with them.

Sellers or direct sales consultants often communicate with customers interactively, that is, one by one. With the help of detailed databases, they adapt their offers and marketing communications to the needs of narrowly defined segments or even individual buyers.

The first sellers or direct sales consultants (such as catalog sales companies, direct mail and telemarketers), collected customer names and sold items mainly by mail and telephone. Today, direct marketing has undergone an impressive transformation driven by rapid advances in database technologies and new marketing media, especially the internet.

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103. Department M had 600 units 60% completed in process at the beginning of June, 6,000 units completed during June, and 700 un
eimsori [14]

Answer:

b. 5,640 units

Explanation:

Please see attachment

5 0
4 years ago
Who are venture capitalists? A. investors who see growth of a company but invest using other people’s money B. buyer who convert
lorasvet [3.4K]

Answer:

A. investors who see growth of a company but invest using other people’s money

Explanation:

A venture capitalist is an employees of a venture capital firm . These capitalists are private equity investors who provide capital to business startups and small businesses using other people's money held in a fund. Even though these businesses have the potential for exponential growth, they usually have a high risk. Additionally, if the startup goes under, they are not obligated to pay back these venture capitalists.

3 0
4 years ago
if a company calculated the final sales value of its various products that are manufactured and then subtracts out identified se
Colt1911 [192]

Answer:

The allocation method use if a company calculated the final sales value of its various products that are manufactured and then subtracts out identified separable costs is <u>Direct Allocation Method</u>

Explanation:

The direct method allocates costs directly to the producing departments based on relative use.

This method subtracts reciprocal services that incur additional costs  For example, this method would ignore service provided by the data processing department to other support departments, such as personnel or maintenance.

Final sales value of its various products and services that are manufactured and the costs form a portion of the overhead cost of production, which is then allocated to inventory and the cost of goods sold.

This method provides a better picture of how costs are incurred, but requires more accounting effort. It also tends to delay the recognition of expenses until a later period, when some portion of the produced goods are sold.

Identified separable costs are then subtracted from final sales value.

4 0
3 years ago
The manager of a computer software company wishes to study the number of hours senior executives by type of industry spend at th
miskamm [114]

Answer:

Since the calculated value of F= 5.733 falls in the critical region we reject the null hypothesis  and conclude all three means are not equal.

Explanation:

The given data is

Banking          Retail            Insurance

12                      8                        10

10                     8                          8

10                     6                          6

12                     8                           8

<u>10                    10                          10</u>

The results of excel are:            

<u><em>Anova: Single Factor  </em></u>    

     

SUMMARY      

Groups    Count Sum Average         Variance  

Column 1 5 54            10.8              1.2  

Column 2 5 40               8               2  

Column 3 5 42              8.4                 2.8  

         

1) Let the null and alternate hypotheses be

H0: u1=u2=u3  i.e all the three means are equal and

Ha: Not all three means are equal

2) The significance level is set at ∝ =0.05

3)The test statistic to use is

F= sb²/ sw²

which has F distribution with v1= k-1 →3-1=2 and v2= n-k →15-3=12 degrees of freedom

After calculations the following table is obtained.

<u><em>ANOVA  </em></u>    

Source              SS            df         MS            F        P-value        F crit

of Variation

B/w Groups        22.93         2     11.467      5.733    0.01788        3.885

<u>Within Groups       24           12           2                                                       </u>      

<u>Total                     46.93      14                                                                </u>

4) The critical region is F ≥ F(0.05, 2,12) = 3.885

5) Since the calculated value of F= 5.733 falls in the critical region we reject the null hypothesis  and conclude all three means are not equal.

4 0
3 years ago
When using a __________ strategy, there is no change in either the basic product line or the markets served. Instead, increased
Dima020 [189]

Answer: market development

Explanation: In simple words,market development refers to the strategy in which a firm tries to cover new market or increase its sales in the existing market through promotion or product development etc.

These strategies are usually used by the multinational corporations that are going to start their business in some new foreign country.

Hence from the above we can conclude that the correct option is B.

6 0
3 years ago
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