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kow [346]
3 years ago
15

Describe the differences between traditional marketing communication strategies and service business communication strategies.

Business
1 answer:
Novay_Z [31]3 years ago
3 0

Traditional marketing is the common methods of marketing that have been utilized since the start of advertising and commercials. Traditional marketing is anything except the use of digital channels for marketing. It consists of many aspects and the examples are posters, billboards, newspaper, brochures and commercial on TV.

>Reduced cost --Daily paper promotions, TV advertisements cost a lot. Digital marketing, on the other hand, cost less and reach out to a large demographic area. So even the young entrepreneur or startups can do marketing at a lower cost. This, in turn, helps in expanding the marketing over the limits of age and finance.

>Real­-time result --With traditional marketing, you need to wait for a considerable period of time, even for months to see the outcome. Whereas in digital marketing you can see everything in real-time, such as the number of visitors, increase or decrease in the traffic directed to the website, the most engaging time of the day and conversion rate. When you have the outcome in real time, you squander no time in taking the action.

>Non-intrusive --Individuals purchasing the daily paper don't buy it for the advertisements in it. Individuals tune in to the radio for music and the climate gauge.Individuals purchasing magazines for the contents which do include the advertisements. So we can state that traditional marketing is invasive.

In the case of digital marketing, you can pick whether you want to see the advertisement or not. It isn't pushed into your face, aside from the irritating popup advertisements obviously. You can choose to avoid the email as long as you need. Digital marketing seems to know how to develop an interest in individuals and not to irritate them.

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Why did Tonya's lender most likely deny her credit?
vagabundo [1.1K]

Creditors will decline your request for credit if they see that your income is insufficient to cover your debts.

Lenders will be reluctant to approve a loan if you have a bankruptcy on your credit report since it increases the risk involved.

Thus, Option B is correct.

<h3>Who makes the decision about your credit application?</h3>

Your information is provided to the credit reporting bureau, but the lender ultimately decides whether or not to extend credit.

The best course of action is typically to speak with the lender directly if you require more details especially regarding your denial.

For more information about Credit application refer to the link:

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3 0
2 years ago
What is your idea of success?
horsena [70]

<u>the accomplishment of one's goals and hard work .</u>

5 0
3 years ago
Read 2 more answers
Tool Manufacturing has an expected EBIT of $72,000 in perpetuity and a tax rate of 24 percent. The company has $128,500 in outst
harkovskaia [24]

Answer:

The value of the company according to MM Proposition I with taxes is $528294.55

Explanation:

value of unlevered firm  = EBIT(1-T)/Ru

                                        = 72000*(1 - 24%)/11%  

                                       = 497454.55

value of levered firm = 497454.55 + 128500*0.24

                                   = $528294.55

Therefore, The value of the company according to MM Proposition I with taxes is $528294.55

4 0
3 years ago
Decreases in the money supply affect the economy indirectly because A. interest rates decrease causing planned investment to inc
Nimfa-mama [501]

Answer:

The correct answer is option C.

Explanation:

A decrease in the money supply would reduce the availability of credit in the market. The money supply curve will shift to the left. This would further cause the interest rate to increase.

This increase in the interest rate would increase the cost of borrowing. As a result, the cost of borrowing will increase. This will cause the planned investment to decline.

Since investment expenditure is a component of aggregate demand, a decline in the investment will cause the aggregate demand to decrease as well.

8 0
3 years ago
The balance sheet is a financial statement that measures the flow of funds into and out of various accounts over time, whereas t
vitfil [10]

Answer:

True

Explanation:

Balance sheet is the financial report of an organization that includes investments, liabilities, assets wealth, overall debt, etc. during a given time.

The income statement is one of the company's financial statements that indicates the company's profits and expenditures for a specific period of time. This shows how the profits are converted into net revenue or net income.

8 0
3 years ago
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