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3 years ago

The purpose of advertising is _____.

Business

2 answers:

Nostrana [21]3 years ago

7 0

The correct answer is A. To convince consumers that they can benefit from a product or service

Explanation:

Advertising refers to a type of business communication in which companies or sellers promote a certain product or service. Advertising implies using slogans, messages, vivid colors through display adds, podcast, video ads, among other to show potential consumers they should buy the product or service you are offering, usually because this is better than others or the consumers benefit from it. Additionally, in business, advertising is one of the most important elements because if a business or company cannot attract customers then sales would drop. Thus, the purpose of advertising is "to convince consumers that they can benefit from a product or service".

Elza [17]3 years ago

5 0

I'm pretty sure the answer would be choice A

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The Pawnshop would be the highest risk for the customer.

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3 years ago

Read 2 more answers

Scarbrough Corp. factored $600,000 of accounts receivable to Duff Corp. on October 1, year 2. Control was surrendered by Scarbro

Virty [35]

Answer:

Scarbrough will receive and record cash of $538,685

The journal entry to record this transaction would be:

Debit Credit

Cash $2,900,300

Interest Expense $89,700

Notes Payable $2,990,000

Debit Cash for $2900300, debit Interest Expense for $89700, and credit Notes Payable for $2990000

Explanation:

In order to calculate the amount Scarbrough will receive and record cash we would have to make the following calculation:

Scarbrough will receive and record cash=Receivables-Amount of the hold back-Withheld as fee income-Less: Withheld as interest expense

Receivables= $600,000

Amount of the hold back=$600,000 x 5%=$30,000

Withheld as fee income=$600,000 x 3%=$18,000

Withheld as interest expense=$600,000 × 15% × 54/365=$13,315

Therefore, Scarbrough will receive and record cash=$600,000- $30,000-$18,000-$13,315=$538,685

Scarbrough will receive and record cash of $538,685

According to the given data to journal entry to record this transaction would be the following:

Debit Credit

Cash $2,900,300

Interest Expense $89,700

Notes Payable $2,990,000

Interest Expense=$2,990,000 x 3%=$89,700

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2 years ago

In 5-10 sentences, answer the Question; What is a Market Economy?

Ulleksa [173]

Answer:

A market economy is an economic system in which the decisions regarding investment, production and distribution are guided by the price signals created by the forces of supply and demand. The major characteristic of a market economy is the existence of factor markets that play a dominant role in the allocation of capital and the factors of production.Market economies range from minimally regulated free-market and laissez-faire systems where state activity is restricted to providing public goods and services and safeguarding private ownership, to interventionist forms where the government plays an active role in correcting market failures and promoting social welfare. State-directed or dirigist economies are those where the state plays a directive role in guiding the overall development of the market through industrial policies or indicative planning—which guides yet does not substitute the market for economic planning—a form sometimes referred to as a mixed economy.

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3 years ago

Are there any true communist economies today? Which economies call themselves communist, and what are they actually, if not comm

Stels [109]

Hey!! Glad I can help!!!

Answer:

Today, the existing communist states in the world are in China, Cuba, Laos and Vietnam. These communist states often do not claim to have achieved socialism or communism in their countries, but to be building and working toward the establishment of socialism in their countries.

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3 years ago

Television has had a positive impact on the growth of commercial sports because it

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3 years ago