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Mnenie [13.5K]
3 years ago
7

Baldwin's Traditional product Basket finished 2019 with an awareness of 72%. One-third of Basket's existing awareness is lost ev

ery year. What is the minimum that Basket s product manager should spend in promotion to earn have an awareness level of 92% at the end of 2020? The first $1million in promotion generates 26% of new awareness, the second million will add 18% more awareness and the third million adds another 5% awareness.
Business
1 answer:
Katyanochek1 [597]3 years ago
8 0

Answer:

they should spend $2 in promotions

Explanation:

Baldwin's Traditional product Basket will lose 1/3 of its 2019 awareness (72%), which will result in only a 48% during 2020. If the product manager wishes to end 2020 with a 92% awareness, they must spend in promotion enough money to raise awareness by 44%.

  • The first $1 million spent in promotions will increase awareness by 26%, to a total of 74% (= 48% + 26%).
  • The second $1 million spent in promotions will increase awareness by 18%, to a total of 92% (= 74% + 18%).
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Determine whether each of the following events causes a shift of a curve or a movement along a curve in the short run. Indicate
Vaselesa [24]

Answer:

Check the explanation

Explanation:

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This will reduce the cost of production of American Producers and would increase their profit-margin.

This will induce US firms to produce more and therefore there will be increase in short-run aggregate supply.

So, the given scenario will involve short-run aggregate supply curve and would shift the curve to the right.

Kindly check the attached image below to see the required graph -

4 0
3 years ago
Which of the following describes the process by which radical changes needed to meet higher customer expectations can be achieve
Oliga [24]

Answer:

correct option is Business process reengineering

Explanation:

solution

the correct answer is Business process re-engineering because business process re-engineering is a radical re-design of the business process for getting  improvement in the critical aspect as like it quality and cost and service etc.  

and it is focusing on  analysis and design of workflow

so correct option is Business process reengineering

6 0
3 years ago
The five elements of internal control include all of the following except risk assessment. control procedures. information and c
Paul [167]

Here, the five elements include all of the following except- None of these choices are correct

<h3><u>What are the five elements of internal control ?</u></h3>

Different internal control systems function with varying degrees of efficacy. A judgment on an internal control system's effectiveness is made after evaluating if each of the five components -

  • Control Environment-The tone of an institution is defined by the control environment created by the organization's management, which also has an impact on the individuals who work there.
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  • Control Activities-The rules and practices that guarantee management directions are followed are known as control activities. They aid in ensuring that the required steps are made to address risks preventing the entity from achieving its goals.
  • Information and Communication-Relevant information must be located, recorded, and disseminated in a way and at a pace that makes it possible for recipients to fulfill their duties. Effective communication must flow up, down, and throughout the company in a wide sense.
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To know more about the concept of internal control, refer to: brainly.com/question/15318839

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8 0
1 year ago
Unions and company managers typically do their best to resolve grievances before arbitration becomes necessary. Arbitration is t
elixir [45]

Answer: arbitration is a costly process

                       

Explanation: Arbitration, a form of substitute dispute settlement, is a route out of a trial to settle disputes. Any or more people will decide the issue, which allows the arbitration grant. The arbitration award on both sides is legally enforceable and actionable in court.

Arbitration is long term process and requires heavy time and money from both sides of the party. Due to such ongoing process it affects the business and both the parties suffers heavy losses in their side.

Therefore, most of the time parties tries to avoid arbitration in a conflict as  much as they can.

4 0
3 years ago
The annual net sales for a huge soft drink company were 5.6 billion dollars in 2012 and sales were increasing at a continuous ra
Ivanshal [37]

Answer: 6.51 billion dollars

Explanation:

From the question, we are informed that the annual net sales for a huge soft drink company were 5.6 billion dollars in 2012 and that sales were increasing at a continuous rate of 3.85% per year.

The annual net sales in 2016 will be:

= 5.6 billion × (1 + 3.85%)^4

= 5.6 billion × (1 + 0.0385)^4

= 5.6 billion × (1.0385)^4

= 5.6 billion × 1.1631

= 6.51 billion dollars

4 0
2 years ago
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