The statement in the marketing mix, product refers to activities that communicate the merits of a product and persuade target customers to buy it is: True.
<h3>What is marketing mix?</h3>
Marketing mix can be defined as the technique or strategies use by companies to create awareness about their product or brand.
The statement is true because with marketing mix a company can make use of price, product, promotion to attract and persuade potential customers to buy the product.
The marketing mix are:
- Price
- Product
- Promotion
- Place
Therefore the statement is true.
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Answer:
20,300 pounds
Explanation:
<u>Purchases Budget for February - Pounds</u>
Material required in Production 19,900
Add Opening Materials Inventory (19,900 x 20%) 3,980
Total 23,880
Less Closing Materials Inventory (17,900 x 20%) (3,580)
Budgeted Purchases 20,300
Therefore,
Purchases of raw materials for February would be budgeted to be 20,300 pounds
Answer:
the allocation of the factory rent assigned is $440
Explanation:
The computation of the allocation of the factory rent assigned is given below:
= Total rent ÷ total space × space used by preparation and setup
= $2,600 ÷ 6,500 square foot × 1,100 square foot
= $440
hence, the allocation of the factory rent assigned is $440
The answer is "B.O.P. or BoP", balance of payments.
Balance of payments of a nation or country refers to the record of every single financial exchange between the residents of the nation and whatever remains of the world in a specific period (over a fourth of a year or all the more normally finished a year). These exchanges are made by people, firms and government bodies. Accordingly the balance of payments incorporates all outside unmistakable and non-obvious exchanges of a nation. It is a critical issue to be contemplated, particularly in worldwide money related administration field, for a couple of reasons.
<span>The least important in terms of
priority for Carol’s personal finances is planning an exotic vacation. Having an
exotic vacation is just for pleasure and must be done if there is extra money
from the budget. While, the children’s education fund and emergency fund is
very important because these are considered to be a basic need for her family. Moreover,
paying off credit card debt should also be given allocation for credit scoring
is essential in terms of financial stability.</span>