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3 years ago

The effort to inform, persuade, or remind potential customers about a business's products or services is known as

Business

1 answer:

chubhunter [2.5K]3 years ago

6 0

Answer:

The right answer is Promotion.

Explanation:

Following term can be described as

Promotion: Promotion is a term which comes under marketing, and states the concept of giving information about any new product or service to the potential customers.

Selling: The concept to sell any product or service is known as selling.

Marketing: The concept of promotion and selling of products and services by different means i.e advertisement, door to door, etc. is known as marketing.

Marketing Information Management: The concept of reviewing and managing the data comes from marketing to make further strategies is known as Marketing Information Management.

Hence according to the scenario, the most appropriate answer is Promotion because it gives only information about the company's product or service.

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What are the disadvantages for an employer of paying employees piece rate or commission

vlada-n [284]

Reduced Quality, Hindered Production, and Workers May Come To Work When Sick

5 0

2 years ago

Read 2 more answers

Grosheim Incorporated has fixed expenses of $213,000 per year. Right now, Grosheim Incorporated is selling its products for $250

nirvana33 [79]

Answer:

781 units

Explanation:

Under the CVP concept, the break-even point is calculated by dividing the fixed costs by the contribution margin per unit.

i.e., break-even point = fixed cost/ contribution margin per unit

Currently, fixed costs are $213,000, an increase of 10% will take to

=(10/100 x $213,000) + $213,000

=$21,300 + 213,000

=$234, 300

The selling price is $250, an increase of 40%

=$250 x 1.4

=$350

variable cost will remain the same this year and the following year

Current variable costs are 20% of sales

=20/100 x 250

=0.2 x 250

=$50

Contribution margin will be new selling price - variable costs

=$350-50

=$300

Break-eve point = $234, 300/300

=781 units

3 0

3 years ago

A foreign company has offered to buy 75 units for a reduced sales price of $320 per unit. The marketing manager says the sale wi

belka [17]

Answer:

an increase in the operating income by $16,322

Explanation:

The computation of the impact in the operating income is given below:

Variable cost of 75 units (1300000 × 75 ÷ 12700) 7,678

Sale price of 75 units (75 × 320) 24,000

Increase in operating income (24000 - 7678) $16,322

hence, the impact in the operating income is that there is an increase in the operating income by $16,322

4 0

3 years ago

Some goods can be produced at low cost only if they are produced in large quantities. this phenomenon is called

I am Lyosha [343]

I believe your answer is:

economies of scale

3 0

3 years ago

A personal business letter is written by an individual to a company for resolving issues related to an unexpected error on a bil

yarga [219]

Answer:

See the explanation below.

Explanation:

62, Charlton Street,

Ibadan, Oyo State,

Nigeria.

14 May 2020.

The Accounting Officer,

XYZ Company,

Ibadan, Oyo State,

Nigeria.

Dear Sir,

Complaint Lodgment Over an Unexpected Error in My Bill

This is to bring to your notice an unexpected error of $9 over charge in the consumable items I purchased from your store yesterday, 13 May 2020.

From my recalculation of the total amount for the purchased item, I could observed that the error was due to a transposition of figure by your cashier; he charged me a total sum of $76 instead of $67.

Copies of the invoice and the payment receipt for the items are hereby attached to this letter for your verification. After your verification, kindly get back to me so that I can come to your office for the refund.

I look forward to receiving your usual timely response.

Yours sincerely,

Amcool.

4 0

3 years ago