Even when a manager is not able to grant employees' requests or suggestions, employees are much more likely to accept the decision and respect the manager if they know that they were heard and were able to provide input, and if the manager explains the reasons for the decision.
The Tullen Group is an example of a marketing intermediary as it is hired to design an advertising campaign that includes creating a web presence.
<h3>What is a
marketing intermediary?</h3>
This refers to those independent firms that assist firms in the flow of goods and services from producers to end-users.
A typical example of a marketing intermediary includes:
- the agents
- the wholesalers
- the retailers.
Also, these intermediary also functions as a link between manufacturers and customers in the distribution of products.
Hence, the Tullen Group is an example of a marketing intermediary as it is hired to design an advertising campaign that includes creating a web presence.
Read more about marketing intermediary
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This is because of the rampant advertising activities that can be done through social media and other platforms related to the internet and the global network. The world has become too small already because of the presence of technology in the form of internet connection. The need for advertising firms is no longer that high because with just a click of a button you can already create your own advertising material and reach as many people as you can. This is the reason why a lot of top global advertising firms have seen a lot of mergers in the recent years of advertising.
The most important factor in the
work process or industry is to retain the interest of the employee. And to
retain them, their salary or profit must be adjusted to the best value. Unless
the employee does not do his job properly, employees must receive bonuses or
benefits to ensure them to stay in the company. It will actually make them stay
longer, make them feel important and reduce costs for hiring new employees.
Answer:
5.925%
Explanation:
For computing the cost of debt, first we have to determine the YTM by using the Rate formula that is shown in the attachment
Given that,
Present value = $1,050
Assuming figure - Future value or Face value = $1,000
PMT = 1,000 × 8% = $80
NPER = 20 year - 1 year = 19 year
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
So, after solving this,
1. The pretax cost of debt is 7.50%
2. And, the after tax cost of debt would be
= Pretax cost of debt × ( 1 - tax rate)
= 7.50% × ( 1 - 0.21)
= 5.925%
