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3 years ago

Advertising plays an important role in helping a firm develop and manage its brands. T/F

Business

1 answer:

klasskru [66]3 years ago

4 0

Answer:

The given above statement that advertising helps in developing and managing brand is true.

Explanation:

For a company, brand management ( which means developing and maintaining brand image of your company, in order to create a good relationship with its target consumers ) is very important for its success and proper advertising and promotion can help in creating a good brand image of the company.

With the help of advertisement, a company can deliver a message to its target consumers telling about the benefits of its brands and why their brand is much better than other competitors , and by delivering this message , a company would be able to influence the purchase decision of its consumers.

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You have just completed a $ 24 comma 000 feasibility study for a new coffee shop in some retail space you own. You bought the sp

ikadub [295]

Answer:

$150,300

Explanation:

The computation of the correct initial cash flow is shown below:

= Capital expenditure + net after taxes + initial investment in inventory

= $33,000 + $112,000 + $5,300

= $150,300

The net after taxes is also term as opportunity cost

And, the initial investment in inventory is also term as change in working capital

All other information which is given is not relevant. Hence, ignored it

6 0

3 years ago

Tina will be working at the municipal swimming pool as a lifeguard this summer. She will earn $1,000 per month (a total of $3,00

Nata [24]

If she is making $3,000 for the whole summer and her rate is $1,000, than the monthly income is $1,000.

5 0

2 years ago

Cigarette smokers are very loyal buyers of cigarettes. Even if prices of cigarettes rise, they will typically continue to buy th

Amanda [17]

Answer:

a. mostly cigarette buyers.

Explanation:

The law of demand states an inverse relationship between quantity demanded of a good and it's price, keeping other factors affecting demand as constant.

Price elasticity of demand refers to the degree of responsiveness of quantity demanded to a change in price.

Alcohol and cigarettes are exceptions to the law of demand since in their case, the factor of addiction presides which outweighs rational decision making.

Thus, price elasticity of demand of cigarettes is inelastic. So a marginally higher price charged for cigarettes will not reduce their consumption.

A new tax on cigarettes would raise their prices. The manufacturers, to cover such taxes and maintain the same margin as before would further raise the prices of cigarettes further.

Thus, the tax burden would be shifted to the consumers and hence majorly borne by them.

3 0

3 years ago

Supler Corporation produces a part used in the manufacture of one of its products. The unit product cost is $22, computed as fol

notsponge [240]

Answer:

It is cheaper to buy the component.

Financial advantage= $23,500

Explanation:

Giving the following information:

Direct materials $7

Direct labor $8

Variable manufacturing overhead $3

Fixed manufacturing overhead $4

An outside supplier has offered to provide the annual requirement of 4,700 of the parts for only $15 each.

First, we need to calculate the total cost of making the product:

Production in-house:

Total cost= (7 + 8 + 3 + 4)*4,700= 103,400

Buy:

Fixed costs= 2*4,700= 9,400

Buy= 4,700*15= 70,500

Total cost= 79,900

It is cheaper to buy the component.

Financial advantage= 103,400 - 79,900= $23,500

5 0

3 years ago

Jing Associates, LLC, a large law firm in Denver, is building a new office complex. To pay for the construction, Jing Associates

Alik [6]

Answer:

The security worth $5,615 today

Explanation:

Amount of Security = $6,750

Annual rate of return = 3.75%

number of years = 5 years

Future value = Present Value x ( 1 + rate of return )^number of years

Present Value = Future value / ( 1 + rate of return )^number of year

Present Value = $6,750 / ( 1 + 3.75% )^5

Present Value = $6,750 / ( 1 + 0.0375 )^5

Present Value = $6,750 / ( 1.0375 )^5

Present Value = $6,750 / 1.2021

Present Value = $5,615.17

Present Value of security is $5,615

4 0

3 years ago