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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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seropon [69]

Answer:

the future value is $1.08

Explanation:

The computation of the future value is shown below:

As we know that

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3 0
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I guess the correct answer is the color of the decorations in the room

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patriot [66]

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Suppose a bond has a $1,000 face value, a market price of $1,045.00, and pays a coupon of $80 annually. What is the bond's coupo
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Explanation:

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For this question

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4 0
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Answer:

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Subject-verb agreement is described as the grammatical rule according to which the subject, as well as, the verb must agree with one another in number. As per the rules, if the subject(noun or noun phrase) is singular, it will take a singular verb while if the subject is plural(noun or noun phrase), it will carry a plural verb.

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