Answer: False.
Explanation:
Viral marketing is a form of marketing where information about a product or brand is made to spread very quickly among a consumers within a short period of time, with the aim that the popularity of the product would increase sales. In viral marketing the company is not directly involved in communicating with their customers, but rather communication is done on their behalf.
Answer:
Final Value= $7,144.13
Explanation:
Giving the following information:
Suppose you decided to place $2,500 in a savings account at First Foremost Savings and Loan. The account pays 7% compounded continuously.
Number of years= 15
<u>Because it is compound continuously, we need to use the mathematical constant e.</u>
To calculate the final value, we need to use the following formula:
FV= PV*[e^(i*n)]
FV= 2,500*[e^(0.07*15)]
FV= 2,500*(e^1.05)
FV= $7,144.13
Answer: Direct materials quantity variance.
Explanation:
Direct Material quantity variance is the difference between the actual quantity of materials used in production and the standard quantity that was supposed to be used, multiplied by the standard price of the material.
It is a method that checks the company's efficiency is being able to use raw materials to produce goods. If the Actual quantity needed is greater than the Standard quantity, this will be considered an Unfavorable Variance and mean that the company was not efficient in using the materials.
Causes of this can be low quality of materials and inadequate employee training.
Most major forms of advertising contain both visual and verbal elements.
Answer:
the $400 you would have earned if you sold the toy
Explanation:
Opportunity cost or implicit is the cost of the next best option forgone when one alternative is chosen over other alternatives.
If you didn't give the toy to the child, you could have sold it for $400. Selling the toy is the next option and thus, it is the opportunity cost
