ANSWER: The correct answer is (d)- To serve as an introduction.
Explanation: Executive summary is a brief overview or introduction of the entire plan. It highlights the main points of the marketing plan to the company or business. Mostly people in the authority are occupied to deeply go through the plan so executive summary provides a basic understanding or overview or idea. It provides the summary of objectives and a proposed framework for growth potential.
Answer:
B. they spend every other day making decisions, because with every passing day trends changes.
Answer: Mall intercept
Explanation:
From the question, we are informed that Barry was sitting on a bench near the center of the shopping mall waiting for his wife to finish her shopping when he was approached by a woman holding a clipboard with a dress shirt laid over her arm and asking him question related to the shirt.
Based on the above scenario, Barry participated in a mall intercept. Mall intercept simply refers to a situation whereby people are approached at shopping malls and asked questions in form of surveys which are done by researchers in order to gather information regarding a particular subject area.
Answer: Old machine should be replaced.
Explanation:
The variable manufacturing cost will reduce by:
= 624,000 - 524,000
= $100,000
Over a period of 5 years this will be:
= 100,000 * 5
= $500,000
Selling the old machine would bring in $32,000:
= 500,000 + 32,000
= $532,000
The cost of the new machine would reduce this gross benefit by:
= 532,000 - 455,100
= $76,900
<em>Net income will increase by a total of $76,900 over the 5 year period if the new machine is bought so it should be bought. </em>
