Answer:
The first and foremost step is the determine the budget and also to identify the goals and the strategy.
Explanation:
In order to develop and implement or execute the social media marketing campaign or plan one need to follow the following six essential or vital steps:
Step 1: Decide or Determine the Objective and Budget
Step 2: Identify or recognize the Target Audience
Step 3: Create the Message
Step 4: Develop or spread the Media Strategy
Step 5: Implement or execute the Marketing Campaign
Step 6: Last step is to measure and analyze the Results or outcomes
Therefore, the first step is to decide the goals and the budget.
Answer:
economies of scale.
Explanation:
Economies of scale -
It refers to the edge over the cost of the company , which is due to the very efficient production rate , is refer to as economies of scale .
Economies of scale can be both external and internal .
This process can be done by increasing the production of the goods and services , and thereby reducing the overall cost of the product , and more number of consumers will try to grab the product , and hence ,
The profit of the company will increasers .
Hence , from the given scenario of the question ,
The correct answer is economies of scale .
Answer:
8.2%
Explanation:
As we know that:
r = (Future Value / Present Value)^(1/Time) - 1
Here
Future Value is $430,065.11
Present Value is $3,800
Time is 60 years
By putting values, we have:
r = ($430,065.11 / $3,800)^(1/60) - 1
r = (113.16)^(1/60) - 1
r = 1.082 - 1 = 8.2%
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