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mestny [16]
3 years ago
11

Mom & Baby Inc., a firm specializing in mother and childcare products, gives free samples of their latest products to new mo

thers. They also encourage mothers to provide feedback on their product samples on a company blog created for this purpose. The company’s goal is to stimulate positive word-of-mouth communications about their products. This is an example of _____.
Business
1 answer:
Inga [223]3 years ago
8 0

Answer:

<u>Amplified word of mouth.</u>

Explanation:

Word of mouth marketing refers to using customer recommendations for the purpose of advertising so as to accomplish marketing goals.

Usually this form of marketing is spread from one customer to another in the form of recommendations.

For instance, a customer who uses a product and liked it, posts a favorable review on the product site, praising the product. Such a review would influence other prospective buyer and their purchases.

There are two kinds of word of mouth namely, organic and amplified. In the case of former, the review and praises arise out of natural tendency of the customer to recommend the product.

In case of the latter, the marketers launch such campaigns that encourage word of mouth in both existing as well as new communities.

In the given case, the company distributes free samples and seeks feedback of the target customers on the company's blog, which would be visible to prospective customers. The goal being to stimulate positive word of mouth, this method refers to amplified word of mouth.

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Navajo Corporation traded a used truck (cost $25,000, accumulated depreciation $22,500) for a small computer worth $4,125. Navaj
bulgar [2K]

Answer:

Calculation of Gain or Loss:

Book Value of Truck:

= 25,000 - 22,500

= $2,500

Gain on Exchange:

= 4,125 - 2,500 - 625

= $1,000

Therefore, the journal entry is as follows:

Accumulated Depreciation A/c Dr. $22,500

computer A/c                              Dr. $3,125

                   To Truck                                            $25,000

                   To Cash                                              $625

(To record the Truck)

6 0
3 years ago
Following are the transactions of a new company called Pose-for-Pics.Aug. 1 Madison Harris, the owner, invested $8,000 cash and
Rama09 [41]

Answer:

Aug 1

Dr cash $8,000

Dr photography equipment $34,400

Cr Common Stock $42,400

Aug 2

Dr Prepaid Insurance $3,000

Cr Cash$3,000

Aug 5

Dr Office supplies $1,520

Cr Cash$1,520

Aug 29

Dr Cash $4,000

Dr photography fees earned $4,000

Aug31

Dr Utilities expense $884

Cr Cash $884

Explanation:

Preparation of the general journal entries for the above transactions.

Aug 1

Dr cash $8,000

Dr photography equipment $34,400

Cr Common Stock $42,400

(8,000+34,400)

Aug 2

Dr Prepaid Insurance $3,000

Cr Cash$3,000

Aug 5

Dr Office supplies $1,520

Cr Cash$1,520

Aug 29

Dr Cash $4,000

Dr photography fees earned $4,000

Aug31

Dr Utilities expense $884

Cr Cash $884

4 0
3 years ago
Why delegate authority and not responsibility​
MArishka [77]

Answer:

Authorities can be assigned, but never delegated obligations. Subordinates are responsible for "results" and managers are responsible for their subordinates ' actions. You can't be held responsible for a mission if you have little competence.

Explanation:

The delegation lets you pass the power to professional team members to work on more urgent matters. But you are still responsible for doing these in the right way. It is therefore necessary to periodically track the status or interact with the team member

Let us recognize some of the fundamental principles to be observed in delegating: 1. The delegated authority to subordinates should be adequate to achieve the desired performance.

2. The power may be delegated but never assigned responsibility. Subordinate accountability is "efficiency" and managers are "responsible for their subordinates ' activities."

3. A duty can not be held accountable if it only has limited authority. A balance between authority and responsibility must be created.

4. A single superior's presence brings to mind the subordinate more personally responsible.

8 0
3 years ago
Managers face contemporary challenges such as managing HIV-positive employees, managing older workers, and eliminating sexual ha
3241004551 [841]

These arise out of the <u>legal</u> environment of business.

<u>Explanation</u>:

A manager is a person who is responsible for controlling and managing the operation of the organization. The manager organizes, plans and directs the staffs in his organization. He is responsible for effective running of the organization.

The manager faces many challenges in the company to maintain its successful running.

The manager is considered to be good if he coordinates his employees towards the success of the organization. The manager should effectively monitor the behavior of the employees.

5 0
2 years ago
During January 2018, the following transactions occur:
umka2103 [35]

Answer:

See explanation section

Explanation:

Jan. 1     Equipment           Debit        $20,300

             Cash                     Credit       $20,300

To record the purchase of equipment assuming by cash.

Jan. 4    Accounts payable    Debit        $10,300

             Cash                         Credit        $10,300

To record the cash paid to accounts payable.

Jan. 8     Purchase           Debit        $90,900

              Accounts payable              Credit       $90,900

To record the purchase of additional inventory (supplies) on account

Jan. 15    Cash                             Debit        $22,800

              Accounts receivable   Credit       $22,800

To record the cash received from customers

Jan. 19    Salaries expense         Debit       $30,600

               Cash                             Credit      $30,600

To record the cash paid for salaries expense

Jan. 28    Utilities expense         Debit       $17,300

               Cash                            Credit       $17,300

To record the cash paid for utilities expense

Jan. 30    Accounts receivable   Debit       $228,000

               Sales                            Credit       $228,000

To record the sales on account.

6 0
3 years ago
Read 2 more answers
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