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aalyn [17]
4 years ago
8

When Brian explains to his supervisor that advertising communication may not lead to immediate behavioral response or purchase,

and uses a purchase funnel analogy to explain that a series of effects must occur, with each step fulfilled before the consumer can move to the next stage, he is explaining the _________________ model of how advertising works.
Business
1 answer:
Andrej [43]4 years ago
5 0

Answer: hierarchy of effects

Explanation:

The Hierarchy of Effects model which was created by Robert J Lavidge and Gary A Steiner in 1961 posits that advertisers should design adverts in such a way that the intended individuals go through 6 stages being;

a) Awareness - customer should be aware of the brand

b) Knowledge - ensure that positive knowledge about the brand is widespread

c) Liking - Prop up the emotional benefits of the brand to make people like it

d) Preference - Ensure that the points that make your brand different from other similar brands are well communicated so that the individual builds a preference

e) Conviction - the doubt in the individuals' mind must be removed here.

f) Purchase - most crucial stage. Here the product needs to be sold in a hassle free way to the consumer.

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Schedule of Cash Collections of Accounts Receivable OfficeMart Inc. has "cash and carry" customers and credit customers. OfficeM
Step2247 [10]

Answer:

Total cash receipts in October = $137,300

Total cash receipts in November = $120,825

Total cash receipts in December = $164,925

Explanation:

As per the data given in the question,

Total cash receipts in October = Cash sales in October + September sales collection in October + October sales collection in October

= $108,000 × 30% + $86,000 + $108,000 ×70% × 25%

= $137,300

Total cash receipt in November = Cash sales in November + October sales collection in November + November sales collection in November  

= $135,000 × 30% + $108,000 × 70% × 75% + $135,000 × 70% × 25%

= $120,825

Total cash receipt in December = Cash sales in December + November sales collected in December + December sales collected in December

= $198,000×30% + $135,000 × 70% × 75% + $198,000 × 70% × 25%

= $164,925

5 0
4 years ago
Treasury bills and Treasury notes are an investment security issued by the U.S. government. A Treasury bill matures within one y
mel-nik [20]

Answer:

<u>I would rollover.</u>

Explanation:

It is expected an increase in the interest rate in the near future. It is better to <u>wait for the purchase of a long-term note because</u>, once the interest rises, the <u>price of the TS at 9 years will decrease</u> to match the new yield.

While doing a rollover we can make the cash work at 5% and start yielding at 7% in six month. Once the expectation of higher interest rate vanish, I can consider moving to a long Treasury Bill, which most probably will have a lower cost than today.

5 0
4 years ago
Saddle Inc. has two types of handbags: standard and custom. The controller has decided to use a plantwide overhead rate based on
frozen [14]

Answer:

Estimated manufacturing overhead rate= $1.84 per direct labor dollar

Explanation:

Giving the following information:

Total Direct labor costs= 60,000 + 103,000= $163,000

Total estimated overhead costs are $300,000.

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 300,000/163,000

Estimated manufacturing overhead rate= $1.84 per direct labor dollar

5 0
3 years ago
A monopolistically competitive market could be considered inefficient because
swat32
<span>A monopolistically competitive market could be considered inefficient because price exceeds marginal cost. A monopolistic competitive market is defined as imperfect </span>competition because there are many producers that sell products that differentiate from each other. Because these products differentiate between how they branded and their quality they are not able to be perfect substitutes for one another. 
6 0
3 years ago
Imrie Corporation makes a product that uses a material with the quantity standard of 9.5 grams perunit of output and the price s
SashulF [63]

Answer:

Option (B) is correct.

Explanation:

Given that,

Standard Price = $5

Direct material (Actual Price) = $4.9

Actual Quantity Purchased = 28,900  

Materials price variance for January:

= (Standard Price - Actual Price) × Actual Quantity Purchased

= ($5 - $4.9) × 28,900

= $2,890 (Favorable)

Therefore, the materials price variance for January is $2,890 Favorable.

6 0
4 years ago
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