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nadezda [96]
3 years ago
11

Which of the following states (conditions) does not describe an advantage associated with mass-marketing?

Business
1 answer:
ipn [44]3 years ago
8 0

Answer:

b. The wants and needs of individual customers can be more directly targeted

Explanation:

Mass marketing by definition "is the advertising or promotion of a product, good or service to a wide variety of audiences with the expectation of appealing to as many as possible". If we analyze one by one the options we have this:

a. A large pool of potential customers exists.

Thats one of the alternatives in order to use mass marketing in order to indentify potential customers.

b. The wants and needs of individual customers can be more directly targeted.

This one is NOT a method or a way to apply the mass marketing since that's a technique to classify the info from subjects.

c. Scale economies, if achieved, can generate the ability to charge low prices while still remaining profitable.

Thats one alternative that can be applied if we use mass marketing

d. Firms can still differentiate their brands from the competition through creative promotions.

That's one alternative since we can see and create potential customers with this alternative.

e. Scale economies (economies of scale) can potentially be obtained.

For this case is one of the options in order to apply mass marketing since "Economies of scale are cost advantages reaped by companies when production becomes efficient".

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To save for retirement, Jamie decides to invest in an annuity that pays 5% annual interest, compounded annually. If Jamie contri
tatyana61 [14]

Answer:

Interest= $26,131.91

Explanation:

Giving the following information:

Annual deposit= $2,000

Number of periods= 20 years

Interest rate= 5%

<u>First, we need to calculate the future value using the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {2,000*[(1.05^20) - 1]} / 0.05

FV= $66,131.91

<u>Now, we can determine the interest earned:</u>

Interest= future value - total investment

Interest= 66,131.91 - 20*2,000

Interest= $26,131.91

6 0
3 years ago
A manufacturer of food products is looking at entering several new markets in developing countries. Before it does this, the com
Lorico [155]

Answer:

Option D

Explanation:

In simple words, the problem depicted in the given scenario is an example of low knowledge of the target audience. In the given case, the company did everything correct with respect to their procedures, like they made a question are in the local language and distributed to the target audience and collected the survey efficiently.

However while doing the procedure, they were unaware of the fact that their target audience was not literate enough. Hence we can conclude that the correct answer is D.

4 0
3 years ago
Assume the following information from a schedule of cost of goods manufactured:
Evgesh-ka [11]

Answer:

The manufacturing overhead applied to work in process is:

D. $79,000

Explanation:

a) Data and Calculations:

Beginning work in process inventory          30,000

Direct materials used in production            50,000

Direct labor                                                   60,000

Total manufacturing costs to account for 219,000

Manufacturing overhead applied to WIP   79,000 (219,000 - 140,000)

Ending work in process inventory              72,000

b) The manufacturing overhead applied to Work in Process is the difference between the total manufacturing costs to account for and the costs of beginning work in process, direct materials, and direct labor for the period.  When the ending work in process is deducted from the total manufacturing costs, the resulting figure represents the cost of goods transferred to finished goods inventory.

3 0
2 years ago
What are features in personal finance?
Alik [6]

Answer:

Account. Manage your money.

Card. Spend anywhere.

Budgeting. Save money and time.

Add Funds. Cash into your account.

Payments. Bank transfers.

Security. Safe money.

Explanation:

4 0
3 years ago
The ACT is a standardized test administered to high school students and used to determine college admissions. The test is offere
algol [13]

Answer:

B)

Explanation:

Makes the most sense considering the scenario.

7 0
2 years ago
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