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3 years ago

Why is vocabulary important? What is Promotion? Why is Promotion important in marketing?

1 answer:

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Why is vocabulary important? Your vocabulary is important because it allows others to better understand the message you are trying to convey. Readers and listeners will not be able to understand what they are looking at if they can not understand the words being used. Also, in business and the corporate world, vocabulary is important to make sure the correct terminology is being used for the consumer to understand.

What is Promotion? A promotion is an item or service that helps publicize a product or organization to increase their sales or awareness. A promotion typically draws attention to the business and helps them expand their consumer base.

Why is Promotion important in marketing? A promotion is important in marketing to attract new consumers as well as remind loyal consumers of the brand. A promotion may also be used when demonstrating a new release item to bring awareness.

You might be interested in

Who is responsible for applying skills, knowledge, and project management tools and techniques to project activities to successf

spin [16.1K]

Answer:

The correct answer is: Project manager.

Explanation:

The Project manager is the executive in corporations to oversee the accomplishments of the objectives of the firm. These professionals help to set, perform, evaluate, and adjust the goals of the company according to the current situation. They come up with different tools to effectively achieve that.

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3 years ago

LO 8.5When might an unfavorable variance be a good outcome?

ivolga24 [154]

Answer: An unfavorable variance can be used to detect a drop in estimated income early, and then solutions to the challenge can be identified.

Explanation:

An unfavorable variance is the difference between a company's projected expectation and the actual outcome of a financial activity of the company, where the actual outcome is less favorable than the projected expectation.

The information from an unfavorable variance can help alert a company to a negative outcome early, and the company's leadership can then find ways of solving the cause of the negative outcome.

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3 years ago

why do you think business organization need to hire people? write at least three sentence in your answer sheet.pls

vladimir1956 [14]

Answer:

So why does a company hire a person?

Explanation:

It isn’t to have more people around. The goal of any company isn’t to rack up its number of employees. In fact, the goal of most companies is generally the exact opposite to that, to have the fewest employees possible it needs to be successful.

Less and less do companies hire because they need a very specific task done. In the days of old, companies would hire someone to do the same task over and over again, like hammering the same nail to connect the same two parts all day long. Most of those jobs now are automated, as employers have found cheaper and often more productive alternatives to humans for that work.

No, to understand why employers hire, instead of just using a piece of software or a robot, one first has to understand the unique value proposition a human has. What is it? Well, really it has everything to do with our brain, and our unique ability to conjure up creative solutions to complex problems.

An employer hires a person because their unique value proposition, i.e. generally their ability to think, fixes a business problem they face and there are no other cheaper or more effective alternatives.

For example, a company hires a marketer because they face a business problem: a lack of customers. The marketer’s job is to increase the amount of customers anyway they can, whether it be through email marketing, social media, publicity stunts, etc. The marketer’s job is to constantly solve a problem – in this case getting more customers – that cannot be solved by a machine.

Because most of the jobs that require minimal thought have become or soon will become automated, the jobs that are left require someone who is creative, can learn quickly and is always willing to adapt to new problems thrown their way. So the question therein lies for the employer: how do you figure out who those people are?

The answer is not to look at a pile of resumes and select the two or three best to bring in for an interview. The answer is to screen all candidates through an interview, perhaps best done using a program like VoiceGlance, and ask them challenging questions that reveal those candidates’ line-of-thinking. With that information, companies can discover the employees they really want – the problem solvers – who will lead them to success.

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3 years ago

Read 2 more answers

The bank statement _________.A.may show service charges, EFT collections from customers, and EFT withdrawals B.does not inclu

kari74 [83]

Answer:

The correct answer is letter "A": may show service charges, EFT collections from customers, and EFT withdrawals.

Explanation:

A bank statement shows account holders' transactions during a certain period of time that tends to be one (1) month. This report shows the current balance in the customers' accounts including charges, Electronic Funds Transfers (EFT) collections, and withdrawals as well as payments representing inflows.

Bank statements are useful for clients so they can have control of the expenditures of their accounts.

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3 years ago

The FOURX Corp. has purchased $50,000 of experimental equipment. The anticipated salvage value is $5500 at the end of its 5-year

Anestetic [448]

Answer:

b. NPW(SL): $33,738; NPW(DDB): $37,068; Recommendation: DDB

Explanation:

The computation is shown below:

As we know that

Present value is

= [Cash Flow ÷ (1 + Rate of Interest)^Year]

where,

Rate of Interest = 10%

Under Straight-line depreciation:

Beginning book value = $50,000

Salvage value = $5,500

So, the depreciationper year is

= [($50,000 - $5,500) ÷ 5]

= $8,900

Year Beginning Depreciation End Present value

book value book value of depreciation

1 $50,000 $8,900 $41,100 $8,090.91

2 $41,100 $8,900 $32,200 $7,355.37

3 $32,200 $8,900 $23,300 $6,686.70

4 $23,300 $8,900 $14,400 $6,078.82

5 $14,400 $8,900 $5,500 $5,526.20

$33,738.00

Under Double declining depreciation:

Depreciation rate per year = (1 ÷ Useful Life) × 100

= 1 ÷ 5 × 100

= 20%

Now for double-declining, the rate is doubled

So,

= 20% × 2

= 40%

Year Beginning Depreciation End Present value

book value book value of depreciation

1 $50,000 $20,000 $30,000 $18,181.82

2 $30,000 $12,000 $18,000 $9,917.36

3 $18,000 $7,200 $10,800 $5,409.47

4 $10,800 $4,320 $6,480 $2,950.62

5 $6,480 $980 $5,500 $608.50

$37,068

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3 years ago