Answer:
The profit margin on an item the company sells can best be defined as:
price of the unit minus cost of goods sold
Explanation:
In order to know the profit margin of an item a company sells, the price sold out would be deducted from the original cost of such goods which gives the profit on such item
Annual tax return is a document which states the income and expenses of a certain firm or individual and it is given to the tax department for further checking.
Depreciation expenses is the decrease in the cost of an asset that has appeared over a period of time because of its use. Any expense that is related to a certain asset is included to calculate the depreciation expense.
Depreciation expense: Cost of the asset - residual value/ total units expected to be produced * actual units produced
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Persuasive advertising serve as kind of advertising that build selective demand.
- Persuasive advertising can be regarded as a form of product promotion which convince the potential customer in a persuasive manner to purchase a specific product.
- It is a kind of advertising that bring about Selective demand whereby demand for a specific brand is been set as a result of the advert to the potential customer.
Therefore, Persuasive advertising is the correct term.
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Answer: Secondary source of market research (external source)
Explanation: when an individual makes use of public information which have been collected by others in his or her research, such source is refered to as a secondary source. It is also called eternal source in market research, this can be gotten from company's websites, market research reports, trade publications etc. All this information can easily be accessible using the internet at small to no cost at all.
So Jamie made use of secondary source (external source) in his market research assignment.
