Answer:
The company will budget $0.91 billion for advertising
Explanation:
Determine the initial percentage of sales spent in advertising is as shown;
initial percentage of sales=(amount spent in advertising/total revenue)×100
where;
amount spent in advertising=0.8 billion
total revenue=15 billion
replacing;
initial percentage of sales=(0.8/15)×100=5.33%
Determine forecasted percentage of sales as shown;
forecasted sales=initial percentage×forecasted sales
forecasted advertising=5.33% ×17 billion
forecasted advertising=$0.91 billion
The company will budget $0.91 billion for advertising
Answer:
C. 2.2.
Explanation:
Mid point elasticity is calculated as follows:
<em>% change in qty supplied/ % change in price</em>
<em />
<em>% change in qty supplied</em>
= (600-400)/(600+400)/2
= 0.4
<em> % change in price </em>
= (12 -10)/(12+10)/2
= 0.181
Mid point elasticity
= 0.4/0.18
=2.2
<span>An example would be King Ferdinand of Spain having Columbus do his exploring for him. It is two fold, in that the riches or the conquering acquires land or resources and it is a show of power, more wealth equals more power. The explorer being from a foreign country is another feather in the cap, showing that they have an edge over that country and that the countryman was willing to go elsewhere and work for a competitor.</span>
Employee buy-in more readily occurs when employees are informed of the change and are educated on the reason for the change.
An employee is a person who is paid to work for an individual or company. A worker does not have to work full time to be considered an employee. You just need to be paid for the work by your employer (the person or company that pays your wages).
The definition of employee is someone who works for another person or company for wages or other agreed remuneration. An example of an employee is someone employed by McDonald's who is paid a fixed amount for each hour worked.
Learn more about Employee here:brainly.com/question/1190099
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Business analysis phase of the new product development process
