Answer:
d. It does not guarantee media time and space.
Explanation:
<em>MPR(Marketing public relations):</em>
The is the combination of marketing and public relation to generate awareness and positive responses to products, services and businesses. Marketing public relation has come into existence due to the increased saturation of markets and the difficulties it creates in reaching out to the customers. The traditional forms of marketing are yielding lower and lower returns, thereby requiring companies to use more innovative methods of reaching potential customers.
<u><em>Below are some of the Advantages of Marketing public relations:</em></u>
1. Marketing public relation Planning and Management
2. Media Relations
3. Producing Publicity
4. Producing Publications
5. Corporate Communications
6. Lobbying
7. Crisis Management
8. Research and Analysis
9. Marketing Public Relations Audience
10. Implementing Marketing Public Relations
<u><em>Some of the disadvantages includes:</em></u>
1) No standard effectiveness measures
2) Lack of control over the media
3) Difficult to tie in slogans and other advertising devices
4) Media time and space are not guaranteed
<em> </em>
Less mobile because the house has to be sold in order to move to another location
The law of diminishing marginal returns---<u>explains why the average </u><u>total costs</u><u> and</u><u> marginal cost curves </u><u>are U shaped in the </u><u>short run.</u>
<u />
Option C is correct.
<h3>What is the law of diminishing marginal returns?</h3>
The law of diminishing marginal returns states that when a firm uses more than one variable factor of production for a given fixed quantity of factors of production, the marginal product of the variable factor of production that will eventually drop.
<h3>Why is diminishing profit margin important?</h3>
The law of diminishing marginal returns is one of the fundamental principles of economics and is very important in finding the right balance of production in an organization. Regardless of the nature of the business, understanding the law of diminishing marginal returns will have a direct impact on its performance.
Learn more about law of diminishing marginal returns :
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Answer:
D. Small Business Administration.
Explanation:
The Small Business Administration (SBA) is an agency of the federal government that offers both managerial and financial assistance to small businesses. SBA was established in 1953 as an autonomous or independent agency of the government of the United States of America. Generally, it is saddled with the responsibility of providing both managerial and financial assistance and counseling to small businesses in order to bolster the American economy.
The small business administration (SBA) serves as an intermediary between entrepreneurs and investors or creditors, in order to provide them with the necessary funds required to plan, start and grow their business.
<em>Basically, SBA provides services such as entrepreneurial development, access to funds, advocacy and contracting to small businesses (entrepreneurs) in the United States of America. </em>
Answer: test marketing stage
Explanation: In simple words, it refers to the market development stage in which an organisation distribute their product to a specified audience, that belongs to their target market, for knowing their review on the product.
This testing is done before the product is launched to the complete market. It helps the organisation to evaluate whether they should launch the product or not and if they should make some changes in it before doing so.
Hence from the above we can conclude that in the given case the company is in test marketing stage.
