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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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Consider the following scenarios. Determine whether each of the following would generate a substitution effect, an income (wealt
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Answer:

a) subtitution effecrt as the opportunity cost for consuming Doritos increased therefore, a portion of the demand in this market will steer into other like Lays.

b) wealth effect the consumption will increase as we are given an extraordinary income

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Explanation:

4 0
3 years ago
Discuss the advantages and disadvantages of owning versus renting a home.
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Advantages and disadvantages ofrenting vs. owning a home.Advantages: One variable that may be an advantage when renting is leasing flexibility. ... Rent can be significantly less than a mortgage because renter's insurance is cheaper than homeowner's insurance and there is no property tax. Got this of Google hope this helps
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3 years ago
Future Value of Multiple Annuities Assume that you contribute $150 per month to a retirement plan for 20 years. Then you are abl
love history [14]

Answer:

$641,455.26

Explanation:

Calculation to determine the value of your retirement plan after 40 years

First step is to determine FV Using financial calculator

N = 40*12 = 480

I = 8%/12 = .6667

PV = 0,

PMT = $150

CPT FV =$523,651.17

N = 20*12 = 240

I = 8%/12 = .6667

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Now let determine the value of your retirement plan after 40 years

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Therefore the value of your retirement plan after 40 years will be $641,455.26

5 0
3 years ago
Cardinal Industries purchased a generator that cost $11,000. It has an estimated life of five years and a residual value of $1,0
atroni [7]

Answer:

Correct answer is letter D, $11,000 cost, five-year life and $1,000 salvage value

Explanation:

To compute depreciation expense of an asset using straight-line method of depreciation, the information we needed is 3,

1. cost of an asset

2. life of an asset (in year)

3. residual value (if available)

<em>* residual value of an asset is to be determined by the company, some asset don't have scrap value assigned.</em>

<em />

<em>FORMULA </em>

<em>The difference between the cost of an asset and the expected residual value over the number of years it is expected to be useful.</em>

<em>(cost of an asset - residual value ) / life of an asset</em>

6 0
3 years ago
Tax loopholes allow individuals and corporations to
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<span>They allow individuals and corporations to legally reduce their taxable income. An example of a tax loophole is owning a church- these are non- taxable. However, a lot of private individuals have set up churches in their homes in recent years in order to avoid having to pay their usual taxes.</span>
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