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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 rate of return on the common stock of Flowers by Flo is expected to be 14 percent in a boom economy, 8 percent in a normal e

FinnZ [79.3K]

Answer: The standard deviation of the stock is 3.23 percentage

Explanation:

First we shall calculate the epected weighted average return of the stock.

We shall multiply the probability of the scenario with its expected return and then take the sum of the expected returns of different scenarios,

E(x) = (0.2 x 14%) + (0.7 x 8%) + (0.1 x 2%)

E(x) = 8.6%

We shall use the follwing formula to calculate the Variance of the stock,

σ²(x) = ∑ P( $x_{i}$ ) × [ $x_{i}$ - E(r)]²

σ²(x) = (0.2) (0.14 - 0.086)² + (0.7) (0.08 - 0.086)² + (0.1) (0.02 - 0.086)²

σ²(x) = 0.001044

To find the standar deviation,

σ(x) = $\sqrt{0.001044}$

σ(x) = 0.0323109

in percentage it would be 3.23%

7 0

3 years ago

A company earned $7,605 in net income for October. Its net sales for October were $19,500. Its profit margin is:

vivado [14]

Answer: 39%

Explanation:

From the question, we are informed that company earned $7,605 in net income for October and that its net sales for October were $19,500.

To calculate its profit margin, we have to divide the net income by the net sales. This will be:

= 7605/19500

= 0.39

= 39%

3 0

4 years ago

$3000 is invested in an account earning 8% interest compounded annually. How much will there be in the account after two years?

igor_vitrenko [27]

Answer:

Explanation:

The answer is c Have a look at the procedure ..

5 0

3 years ago

The Yurdone Corporation wants to set up a private cemetery business. According to the CFO, Barry M. Deep, business is "looking u

jenyasd209 [6]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

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4 years ago

Lillypad Toys is a manufacturer of educational toys for children. Six months ago, the company's research and development divisio

lakkis [162]

Answer:

True

Explanation:

Lilypad Toys should be vary of the imitators. Since they introduced a new technology in the market, it is bound to be copied by other manufacturers who will try to sell it in the same market for cheaper rates.

Lilypad Toys should come up with a patent for their technology to earn profit off of this technology and also save themselves from the raging competition from the imitating companies.

I hope the answer was helpful.

Thanks for asking.

4 0

3 years ago