1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Marizza181 [45]
3 years ago
8

Without doubt, the recommendation promotional budgeting technique is the objective and task approach. et, there is one major pro

blem/ obstacle to overcome if one plans to use thath approach. what is major problem/obstacles associated with the objective and task approach?
Business
2 answers:
stiks02 [169]3 years ago
6 0

Answer: difficulty of accurately assessing the advertising costs necessary to accomplish the goals

Explanation: Objective and Task control method; objective task control method is a system used by companies to allocates certain amount of money to to be used for it's marketing budget based on some objectives, rather than choosing a random amount or deciding it's marketing budget based on sales revenues or projections alone. This means advertising budget is based on set objectives. The challenge faced is their inability to correctly determine the cost necessary to accomplish the set objectives or goals.

WINSTONCH [101]3 years ago
4 0

Answer:

The major challenge is cost estimation.

Explanation

The objective and task method are one of the most widely and most accepted methods for budgeting for advertisements in a company.

It involves a series of very logical steps:

  1. Defining the specific objectives of the Marketing Unit
  2. Set advertising objectives in relation to profit, turnover, competitive stability, loyalty to the brand, etc.
  3. break-down of objectives into actionable tasks
  4. Forecast the cost associated with each of the actionable tasks defined within the period when it must be executed
  5. Match all cost with budget

From the steps highlighted above, the primary challenge with utilizing the Problem/Obstacle approach to decision making it that it comes with the difficulty of correctly or accurately estimating the costs necessary to accomplish the goals.

Objectives, planning and breaking down tasks are all internal to the organization. The costs associated however is always external and outside of the control fo the budgeting team.

Cheers!

You might be interested in
"this process of continuous alteration was applied not only to newspapers, but to books, periodicals, pamphlets, posters, leafle
natta225 [31]
<span>Answer: This passage refers to the process of changing the past, which is Winston's job. By controlling the past, the Party is able to manipulate the minds of Party members.</span>
7 0
3 years ago
Administrators of crawford county's memorial hospital are interested in identifying the various costs and expenses that are incu
Kryger [21]
A. The items that fall under the DIRECT MATERIAL category include the following:
1. Film cost for the X ray machine.
2. Electricity cost for the X ray department.
3. Maintenance and repair on the X ray machine.
4. X ray department supplies.
The items that fall under the DIRECT LABOUR category include the following:
1. Salaries of the X ray machine technician.
2. Salary of the X ray technicians' supervisor.
The items that fall under the SERVICE OVERHEAD category include the following:
1. Wages for the hospital janitorial personnel.
2. Property taxes on the hospital building.
3. Depreciation on the hospital building.
4. Depreciation on the X ray department equipment [Manufacturing overhead]

B. The costs that are incurred during the production of a good or service are usually divided into three categories, which are direct material, direct labour and overhead costs.
Direct materials refer to those materials used in the production process which can be traced to a particular unit or department. A good example of a direct material is the raw materials used in the production unit for the production of a particular product.
Direct labour refers to the salaries and wages of those employees that are directly involved in the production process or in carrying out a particular operation. An example of a direct labour for the production of chocolates is the salary of those workers in the production unit.
Overhead cost refers to all other costs that are incurred during the process of production.These costs can not be traced to a specific department per say, but it cover the whole business unit. Overhead cost is of two types: administrative and manufacturing overheads. Examples of overhead costs are rent, utilities, insurance, depreciation, etc.

5 0
3 years ago
please subscribe my mom's channel those who subscribed my mom's channel I will mark as brainlylist,thnx and follow 101 % gaurant
horrorfan [7]

Answer:

ou okay!! done i will do it

3 0
3 years ago
Which institutes offer two-year programs that enable students to obtain an associate degree?
ehidna [41]

Community colleges offer two-year programs that enable students to obtain an associate degree. Community colleges are smaller colleges within each community that will allow a person to go to college and study for an associates degree. After the completion of the associates degree, the student can continue their education at a four year college or join the workforce.

3 0
3 years ago
How do businesses and the society benefit from marketing?
Verdich [7]

Answer:

Marketing stimulates a competitive economy, promotes products and services, and targets consumers who are most likely to become purchasers. Higher sales for a company that employs effective marketing strategies translate into expansion, job creation, higher government tax revenue, and eventually, overall growth.

HAVE A GOOD DAY!

5 0
3 years ago
Other questions:
  • How do I do this? I think I know how But I am not 100% sure! Thanks in advance! I will mark answer the Branliest! Calculate the
    11·1 answer
  • In the following examples, state how you would use the principle of marginal analysis to make a decision.
    6·1 answer
  • Allison buys equipment and pays cash of $50,000, signs a note of $10,000 and assumes a liability on the property for $3,000. In
    14·1 answer
  • What is your credit score based on
    8·2 answers
  • Ornaments, Inc., is an all-equity firm with a total market value of $608,000 and 27,300 shares of stock outstanding. Management
    10·1 answer
  • Using the variable cost method, determine the selling price (rounded to the nearest dollar) for 30,000 units using the following
    5·1 answer
  • Say the reserve requirement is 20 percent. If you pay back a loan of $10,000 a bank had previously made to you, the act of payin
    10·1 answer
  • An entrepreneur is usually a positive thinker and a decision-maker. Explain. hellpppppp​
    11·1 answer
  • Examine a local industry in your locality and describe the problems that it faced.​
    15·1 answer
  • You receive $100 today, $200 in one year, and $300 in two years. if you deposit these cash flows into an account earning 10 perc
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!