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ella [17]
3 years ago
7

List 5 things you have purchased in the last year because of a marketing function. Describe what function of marketing was evide

nt in your decision to purchase it.
Business
1 answer:
Marizza181 [45]3 years ago
8 0

Answer:

1- smartphone

2- computer

3- kindle

4- clothes

5- watch

Explanation:

The economy exists due to the human need for products and services.

Marketing is responsible for adapting such products and services to the individual needs of each person, in order to offer value to the customer, meeting their desires and preferences through features, personalization of products and services, benefits, customer service, advertising, communication , etc., for a company to be strategically competitive and improve profits.

Therefore, in relation to the products acquired by me last year, there are 3 technological products (smartphone, computer and kindle) that were acquired through the function of marketing features that satisfy the needs of work, communication and leisure.

The watch and clothes were acquired through the function of advertising marketing and differentiated design, which add value to the customer through the status they create in the consumer's mind.

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Tim, who works for Peachtree Realty, referred a buyer to a broker who works for Pinetop Realty. The referring agent is to receiv
IrinaK [193]

Answer:

$1,312.50

Explanation:

Calculation for How much was the referring agent paid

First step is to find the buyer agent amount by using the buyer's agent percentage to multiply the buyer purchased amount of the home

Using this formula

Buyer agent amount =Buyer's agent percentage× Home purchased amount

Let plug in the formula

Buyer agent amount=1.5%×$350,000

Buyer agent amount=$5,250

The last step is to find How much was the referring agent paid

Using this formula

Amount referring agent paid =Buyer agent amount× Percentage of buyer side commission

Let plug in the formula

Amount referring agent paid=$5,250×25%

Amount referring agent paid=$1,312.50

Therefore the amount that the referring agent paid will be $1,312.50

5 0
3 years ago
At the beginning of Year 1, Trey Inc., purchased a machine with a total acquisition cost of $33,000. The machine has an estimate
soldier1979 [14.2K]

Answer:

$8,000

Explanation:

Data provided in the question:

cost of machine = $33,000

Estimated residual value = $3,000

Estimated useful life = 3 years

Estimated useful life in terms of production = 60,000 units

Total units produced in year 1 = 16,000

Now,

Rate of annual depreciation with respect to units produced

= [ Cost - Salvage value ] ÷ Estimated useful life in terms of production

= [ $33,000 - $3,000 ] ÷ 60,000

= $0.5 per unit

Therefore,

Depreciation expense for the year 1

= Rate of annual depreciation × Total units produced in year 1

= $0.5 per unit × 16,000 units.

= $8,000

7 0
3 years ago
What is the maximum amount a 45-year-old taxpayer and 45-year-old spouse can put into a Traditional or Roth IRA for 2016 (assumi
tangare [24]

Answer:

$5,500 USD

Explanation:

Since traditional Roth IRA accounts cannot be owned jointly, then both individuals must have their own account. That being said they can still contribute to each other's Roth IRA accounts on behalf of their spouse. You can contribute a total of 100% of your earned income up to a limit of $5,500 USD. Pensions are not allowed as contributions. Individual's over the age of 50 have a limit of $6,500

6 0
3 years ago
If the United States wanted to reduce the cost of its goods in foreign markets, it could ________ its currency.
Kruka [31]

Answer:

Devalue its currency

Explanation:

Exchange Rate is the conversion rate of domestic & foreign currency.

Eg $1 =   _ € .

Devaluation means deliberate fall in value of domestic currency in terms of foreign currency (increase in foreign exchange rate) , under fixed exchange rate by government.

Eg :  $1 =   5€ - change to -  $1 = 7€ . This implies dollar can purchase less amount of euro , and has depreciated.

However , this would also lead to reduce the cost of its exports in foreign (here European market) , because US $ has become cheaper in terms of their currency & hence so have been their goods.

3 0
3 years ago
Olivia+invests+$6,000+in+an+account+at+the+beginning+of+each+year+for+6+years.+if+she+earns+12%+per+year+on+her+investment,+what
Gekata [30.6K]

The equivalent present value of her investment is $71,057.62

Investment is an asset or object acquired with the aim of generating profits or appreciation. Appreciation refers to a boom in the value of an asset over time. when a man or woman purchases a good as funding, the purpose isn't to devour the best but as an alternative to applying it within the future to create wealth.

An investment is an effective manner to place your money to work and probably construct wealth. smart making an investment may also permit your money to outpace inflation and boom in price. The more boom ability to invest is more often than not because of the energy of compounding and the threat-go back tradeoff.

total investment for six-year = $6,000 × 6

                                                  = $36,000  

rate of interest = 12%

First, convert R as a percent to r as a decimal

r = R/100

r = 12/100

r = 0.12 rate per year,

Then solve the equation for A

A = P(1 + r/n)nt

 = 36,000.00(1 + 0.12/1)(1)(6)

 = 36,000.00(1 + 0.12)(6)

 = $71,057.62

The equivalent present value of her investment is $71,057.62

Disclaimer:- The correct format of the question is given below.

Olivia invests $6,000 in an account+at the beginning of each year for 6 years. if she earns 12% per year on her investment, what is the equivalent present value of her investment?

Learn more about investment here:-brainly.com/question/25300925

#SPJ4

4 0
1 year ago
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