1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Masteriza [31]
3 years ago
10

Budweiser is well known for the use of humor in its ad campaigns for Bud Light beer. Based on the use of humor in advertising fo

r beer, does Budweiser believe that beer is a high-involvement or low-involvement purchase for most consumers? Explain your answer using the elaboration likelihood model. (Chapter 6)
Business
1 answer:
Alona [7]3 years ago
4 0

Answer:

Explanation:

Low involvement. The major reason for the advertisement is not so that there will be high involvement buyer, with information about the product (beer) to be produced deeply to form strong attitudes, but the advertisement is basically for entertainment and also so that good feeling can be associated about the advert and product (beer). In fact the major disadvantage about the use of humour in advert is that people can remember the advert and forget the brand or product been advertised.

You might be interested in
An investor deposits $35,000 into an IRA for her retirement in 25 years.The account pays 3.5% interest compounded continuously.
sergeinik [125]

Answer:

The value of her account after 25 years, if she stays true to the plan is:

= $152,823.31.

Explanation:

a) Data and Calculations:

Initial deposits = $35,000

Period of investment = 25 years

Interest rate per year = 3.5% compounded continuously

Annual deposit into the same account = $1,800

Period of investment = 25 at 3.5% interest rate

Total value of her IRA account after 25 years:

Future value of $35,000 =       $82,713.57

Future value of $1,800 yearly = 70,109.74

Total future value =                 $152,823.31

From an online financial calculator:

N (# of periods)  25

I/Y (Interest per year)  3.5

PV (Present Value)  35000

PMT (Periodic Payment)  0

Results

FV = $82,713.57

Total Interest $47,713.57

N (# of periods)  25

I/Y (Interest per year)  3.5

PV (Present Value)  0

PMT (Periodic Payment)  1800

Results

FV = $70,109.74

Sum of all periodic payments $45,000.00

Total Interest $25,109.74

7 0
3 years ago
A company uses the finite replenishment model to determine the optimal quantity to produce. There are days a year over which dem
SVEN [57.7K]

Answer:

16.1 days

Explanation:

Note: The full question is attached as picture below

Daily demand d = 520

Annual demand D = 520*250 = 130000

Setup cost S = $680

Production rate p = 875

Holding cost H = 0.25*25 = 6.25

Optimal order quantity Q

Q = \sqrt{2DS/H} \sqrt{p / p -d}

Q = \sqrt{(2*130000*680)/6.25}   \sqrt{875/875-520}

Q = 8350

Length of production run = Q/d

Length of production run = 8350/520

Length of production run = 16.05769230769231

Length of production run = 16.1 days

8 0
3 years ago
"a company is developing an expert system. it has assembled the participants in its expert systems. taylor has extensive knowled
DIA [1.3K]
Mary's role is that of a knowledge engineer.
A knowledge engineer is tasked with integrating certain knowledge into computer (in this case expert) systems, with the aim to solve very difficult problems that otherwise people would not be able to solve on their own. 
6 0
3 years ago
A bank loan has been given to a customer at a bank with a FIXED nominal interest rate of 13%. The real
dmitriy555 [2]

Answer:

The new real interest rate is 15%

and the lender was hurt.

O 15%; lender

Explanation:

a) Data and Calculations:

Fixed nominal interest rate = 13%

Real interest rate for the bank's profit margin = 10%

Inflation rate = 3% (13% - 10%)

Unanticipated inflation rate = 7%

Nominal interest rate = 17% (10% + 7%)

But the bank could not increase its fixed nominal interest rate to match the nominal interest rate.

6 0
3 years ago
____________ is the combination of ways your company researches, plans for, and communicates with the market. A. Customer profil
liq [111]

I just finished this quiz and the answer is "marketing"

4 0
4 years ago
Read 2 more answers
Other questions:
  • Which of the following is true about checks?
    7·1 answer
  • Suppose that the market equilibrium price for a medical check-up is $50, in a market in which there is no health insurance. To e
    15·1 answer
  • You must estimate the intrinsic value of Noe Technologies’ stock. The end-of-year free cash flow (FCF1) is expected to be $27.50
    12·1 answer
  • "Total revenue equals the price multiplied by the quantity. The relative change price and quantity is given by the concept of __
    14·1 answer
  • When some consumers see the marketing mixes being offered by various firms as being different, but other consumers consider thes
    15·1 answer
  • using the aging of accounts receivable, Age Old, Inc. estimates that $90000 of its 4000000 of accounts receivable will be uncoll
    12·1 answer
  • Human Resources Manager Claire Siu must inform Anthony that company job changes will require him to seek retraining or lose his
    10·2 answers
  • A restaurant currently uses 62,500 boxes of napkins each year at a constant daily rate. the cost to order napkins is $200.00 per
    9·1 answer
  • Investments can help a business increase productivity by:
    6·2 answers
  • a high uncertainty avoidance ranking indicates that the country has a high tolerance for uncertainty and ambiguity.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!