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
lutik1710 [3]
3 years ago
9

Greg is hired into the marketing services department of a full-service advertising agency. His job profile includes gathering in

formation relating to the client's product and service that can be used in the development of the creative strategy. He has to collect information from various other departments in the firm to gain a better understanding of the client's target audience. In this scenario, Greg has been hired as a(n)
Business
1 answer:
Nonamiya [84]3 years ago
7 0

Answer:

Greg has been hired as an Account Planner.

Explanation:

What is Account Planning?

This is the department in an advertising agency that

Formulates strategies and techniques that will communicate the unique traits of a brand to consumers. This is usually done by bringing the consumer into the process of planning an advertisement, i.e. the process would not be complete if information about a client's target market is not incorporated into the planning process.

The account planner's role therefore, is to familiarize him/herself with the target audience and utilize the data acquired in planning an effective advert. This data acquisition can be done through the setting up of focus groups, or by asking consumers what they think of a product or service and what prompts them to purchase such commodities.

You might be interested in
The major difference between a low-cost provider strategy and a focused low-cost strategy is the a. amount of outsourcing involv
docker41 [41]

The major difference between a low-cost provider strategy and a focused low-cost strategy is the size of the buyer group to which a company is appealing.

<h3>What is a strategy?</h3>

These are devices company employ to achieve their medium and long term objectives.

Hence, the major difference between a low-cost provider strategy and a focused low-cost strategy is the size of the buyer group to which a company is appealing.

Learn more about strategies here: brainly.com/question/24462624

#SPJ12

6 0
2 years ago
"The owner of a small restaurant that sells take-out fried chicken and biscuits pays $2,500 in rent each month, $500 in utilitie
natulia [17]

Answer:

Break-even point (dollars)= $9,976.25

Explanation:

Giving the following information:

Fixed costs:

Rent $2,500

Utilities $500

Interest $750

An insurance premium of $200

Advertising on local bus $250 a month

Total= $4,200

A small bucket of take-out chicken, the only menu item, is priced at $9.50. Unit variable costs for the bucket of chicken are $5.50.

To calculate the break-even point in dollars, we need to use the following formula:

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)=  4,200/ [(9.5 - 5.5)/9.5]

Break-even point (dollars)= 4,200/0.421

Break-even point (dollars)= $9,976.25

7 0
3 years ago
A customer buys a Brokered CD for $100,000. Upon receipt of his next account statement, the customer sees that the market value
Mnenie [13.5K]

Answer: A. interest rates have risen

Explanation:

Since the customer buys a Brokered CD for $100,000 and upon eceipt of his next account statement, he sees that there has been a reduction in the market value of the CD to $99,800.

This would occur because there has been an increase in the interest rates. On the other hand, assuming there was a reduction in the interest rate, this will lead to an increase in the market value.

5 0
2 years ago
In March, Kelly Company had the following unit production costs: materials $12 and conversion costs $8. On March 1, it had zero
pochemuha

Answer:

A) the total units to be accounted for = 23,980 + 4,600 = 28,580 units

B) the total material equivalent units = 23,980 finished units + 4,600 = 28,580 units

total conversion equivalent units = 23,980 finished units + (4,600 x 30%) = 23,980 + 1,380 = 25,360

C) cost reconciliation schedule:

Cost accounted to finished goods 23,980 x (12 + 8) = $479,600

Cost of material in process  

material work in process  4,600 x 12 = $55,200  

conversion cost in process  1,380 x 8     = $11,040

<u>                                                                                                  $66,240   </u>

total cost                                                                                 $545,840

3 0
3 years ago
Assume that today is December 31, 2019, and that the following information applies to Abner Airlines: After-tax operating income
melamori03 [73]

Answer:

The company's stock price today should be $71.17 per share.

Explanation:

The corporate valuation model approach can be used to estimate this by using the following steps:

<u>Step 1: Calculation of the free cash flow</u>

Free cash flow is the cash a firm generates after accounting for capital expenditure. This can be estimated using the following formula:

Free Cash Flow (FCF) = After-tax operating income + Depreciation expenses - Capital expenditure

For this question, we therefore have:

Free Cash Flow (FCF) = $700 + $150 - $375 = $475 million

<u>Step 2: Calculation of Value of operations (Vo)</u>

Vo = FCF / (WACC - FCF growth rate) = 475 / (11% - 7%) = $11,875 million

<u>Step 3: Calculation of the Firm value</u>

Firm value = Vo + Non-operating assets = $11,875 + $199 = $12,074 million

<u>Step 4: Calculation of value of equity</u>

Value of equity = Firm value - Debt = $12,074 - $3,534 = $8,540 million

Note: The correct amount of debt is $3,534 not $3.540 as mistakenly given, may be due to typographical error, in the question.

Step 5: Calculation of stock price per share today

Stock price per share = Value of equity / Number of shares outstanding = $8,540 / 120 = $71.17 per share

Therefore, the company's stock price today should be <u>$71.17</u> per share.

7 0
3 years ago
Other questions:
  • Eastport Inc. was organized on June 5, Year 1. It was authorized to issue 300,000 shares of $10 par common stock and 50,000 shar
    11·1 answer
  • Mathematical climate models include many variables, but there is 1 variable that causes the largest difference in the temperatur
    14·1 answer
  • Patty's Paper, an online stationery and card retailer, adopts an organizational structure in which job titles are abandoned, tra
    10·2 answers
  • Sales volume plays a large role in determining per unit costs in the cost-plus pricing approach.
    5·1 answer
  • Jim and Allison both scored in the bottom 20% of IQ tests; however, Jim went on to complete a 4-year college degree, whereas Ali
    11·1 answer
  • g During Year 2, the company experienced the following events: Purchased inventory that cost $5,200 on account from Ross Company
    11·1 answer
  • China Imports Inc. sold 10,000 units in May. Per unit selling price and variable expense were $23 and $15, respectively. Fixed e
    10·1 answer
  • Hewo how are u today
    15·2 answers
  • Which of the following statements about government regulation of business is true?
    12·2 answers
  • Ned Douglas owns Ned’s Blankets. Ned asks you to explain how he should treat the following reconciling items when reconciling th
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!