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nasty-shy [4]
3 years ago
8

Julie is developing a budget for her firm's IMC program. First she sets objectives. Then she chooses media, and finally she dete

rmines the cost for each product to be promoted. Julie is using the ________ method of establishing an IMC budget.
Business
1 answer:
Pepsi [2]3 years ago
5 0

Answer:

These are the options for the question:

a. track and decode

b. objective-and-task

c. reach and frequency

d. rule-of-thumb

e. sender-receiver

And this is the correct answer:

b. objective-and-task

Explanation:

This answer is self-explanatory. Julie is using the objective-and-task method because she is first establishing a clear objective, and after that, she is determining the tasks that need to be done in order to attain that objective.

This is a very efficient method for budgeting because it is well-grounded in reality, and takes into account only those things that are essential to achieve a goal.

You might be interested in
While gambling at Prairie Meadows Casino, Troy Blackford became angry and smashed a slot machine. He was banned from the premise
ra1l [238]

Answer:

There is no contract, he has been banned for life

Explanation:

Troy and the casino had no contract. Troy black Ford had no business going back to gamble in the casino because he had already been banned for life for destroying a slot machine. So except this ban had been lifted by prairie meadows, there was no way he could argue that he had a contract and then win the case. Prairie meadows made him no offers so as a result there could be no contract.

3 0
3 years ago
Fidelity Stereo Company has provided the following information regarding its activity-based costing system:Purchasing department
VikaD [51]

Answer:

a. $392, 265

Explanation:

Given that:

i. Purchasing department, overhead allocation rate is $77 per purchase order.

ii. Assembly department, overhead allocation rate is $5 per part.

iii. Packaging department, overhead allocation rate is $4 per unit.

iv. Direct material cost is $70 per unit.

v. Each stereo has 50 parts.

Total parts required = 1200 x 50

                                 = 60000

vi. 45 purchase order was required for 1200 stereos.

Thus:

i. $77 x 45 = $3465

ii. $5 x 60000 = $300000

iii. $4 x 1200 = $4800

iv. $70 x 1200 = $84000

Therefore,

total cost for 1200 stereos = $3465 + $300000 + $4800 + $84000

                                            = $392, 265

8 0
4 years ago
M Corporation has provided the following data concerning an investment project that it is considering: Initial investment$220,00
weeeeeb [17]

Answer:

$197,923.86

Explanation:

5 0
3 years ago
An intangible asset
Alexxx [7]

Answer:

The correct answer is letter "C": does not have physical substance, yet often is very valuable.

Explanation:

Physically, intangible assets do not exist but they are important since they represent potential revenue. Types of intangible assets include brand recognition, intellectual property and legitimate patents such as patents, trademarks, and copyrights. Intangible Assets do not have value for accounting recording purposes.

3 0
3 years ago
Savings for You, a discount retail chain, is highly competitive. When entering a new market, Savings for You often cuts prices s
REY [17]

Answer:

<u>Predatory pricing</u>

Explanation:

A "predator" refers to an animal who survives by "preying" on other animals.

Predatory pricing in a similar sense refers to that form of excessively low pricing which in a way consumes other firms by taking away their share of industry revenues. Such form of pricing is considered illegal and is against healthy competition.

Such pricing eliminates competitors from the market and gradually leads to emergence of a monopoly i.e supremacy of a single firm in the whole industry and thus considered an illegal practice.

In the given case, the retail chain can be alleged to have followed predatory pricing which is substantiated by the fact that it cuts it's prices excessively i.e even below cost , thereby forcing smaller companies to exit the industry.

7 0
3 years ago
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