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kari74 [83]
3 years ago
10

Chester's Elite product Cat has an awareness of 72%. Chester's Cat product manager for the Elite segment is determined to have m

ore awareness for Cat than Andrews' Elite product Ant. She knows that the first $1M in promotion generates 22% new awareness, the second million adds 23% more and the third million adds another 5%. She also knows one-third of Cat's existing awareness is lost every year. Assuming that Ant's awareness stays the same next year (77%), out of the promotion budgets below, what is the minimum Chester's Elite product manager should spend in promotion to earn more awareness than Andrews' Ant product
Business
1 answer:
Vsevolod [243]3 years ago
7 0

Answer:

$2 million

Explanation:

It is given that the 77% is exiting awareness out of which one-third is lost i.e 26% and the target of the company to create the awareness for minimum 26% so for that the company should invested $2 million as it generates the awareness among the 45% people aware i.e 22% + 23% but what we needs 26% at least so the company should go for $2 million

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A portfolio is comprised of 100 shares of Stock A valued at $22 a share, 600 shares of Stock B valued at $17 each, 400 shares of
Dafna1 [17]

Answer:

.4792 or 47.92%

Explanation:

The computation of the weight of C is shown below:

But before that first determine the following things

For A is

= 100 × $22

= $2200

For B

= 600 × $17

= $10200

For C

= 400 × $46

= $18400

For D

= 200 × $38

= $7600

So,

Total = 38400

And, finally

weight of C is

= $18,400 ÷ $38,400

= .4792 or 47.92%

6 0
2 years ago
Mike is driving over to his girlfriend's apartment and decides to buy some gum. He could stop in a gas station, go to any grocer
stepan [7]

Answer:

Intensive.

Explanation:

In this scenario, Mike is driving over to his girlfriend's apartment and decides to buy some gum. He could stop in a gas station, go to any grocery store, go to any discount store, or even buy some out of a vending machine. The reason Mike has so many options to buy gum is because chewing gum companies strive for intensive channel coverage.

An intensive channel coverage is a sales method which is typically focused on providing varieties of sales outlets or channels for customers to buy their desired products.

Companies operating under the intensive channel coverage, are usually aimed at saturating the market with their products, by using all available sales outlets.

<em>Hence, Mike had so many outlets where he could buy gum from because chewing gum companies strive for intensive channel coverage in order to reach out to potential customers. Other examples of companies that use the intensive coverage channel are cigarette, beer etc. </em>

5 0
3 years ago
Please answer the following:
Anarel [89]

Answer:

Depreciation expense Office equipment = 1,200.00

Depreciation expense Computer equipment = 5,000.00

Explanation:

The difference between accumulated depreciation represents the depreciation charge that was made during the first quarter of the 2018 accounting year.

Then depreciation charges for the first quarter are calculated as follows:

Depreciation expense Office equipment = 800 – 400 = 400

Depreciation expense Computer equipment = 2,500 – 1,250 = 1,250

Since there are 4 quarters in an accounting year, the depreciation charge in 2018 is calculated as follows:

Depreciation expense Office equipment = 400 * 4 = 1,200

Depreciation expense Computer equipment = 1,250 * 4 = 5,000

6 0
3 years ago
Would the outcome have been different if the roles of board chairman and CEO in BP had been combined, as in many large American
hram777 [196]

\huge \text{Answer:}

In many companies, the chief executive officer (CEO), who holds the top management position in the company, also serves as chairman of the board. This is often the case with companies that have grown rapidly and still retain the initial founder in those roles.

8 0
3 years ago
1. Cedric enters into a contract with Claudia to buy her house for $150,000. Claudia decides later not to sell
jonny [76]

Answer:

True

Explanation:

Trust me

7 0
2 years ago
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