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IrinaVladis [17]
3 years ago
11

Nora works as a media sales person for a sports gear manufacturing company. There is an upcoming sports event coming up and she

is thinking of advertising the company at the event. However, she is getting a cheaper deal to advertise at another location that has nothing to do with sports. Nora decides to go with advertising at the sports event for better visibility.
Nora is engaging in [Blank]
advertising strategy.
Business
1 answer:
kotegsom [21]3 years ago
5 0

Answer:

Identifying the target audience

Explanation:

The targeted audience are very important in any business,any business will try as much as possible to reach the largest number of people to purchase their products.

To what extent will people who are more aware of a brand be more likely to purchase it? Exposure and awareness can be measured whereas the sales and profit impact of advertising is very difficult to measure. Attitude change measurement is difficult but feasible.

From this Nora will be exposed to a bigger market when decided to go with advertising at the sporting event.

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_______ measures how many consumers in a market are familiar with the brand and what it stands for and have an opinion about it.
Anastasy [175]

Answer:

Brand Awareness

Explanation:

Brand Awareness measures how many consumers in a market are familiar with the brand and what it stands for and have an opinion about it. Brand awareness is further consisted of 2 elements:

1: Brand Recognition: is the ability of consumers to confirm previous exposures to brand when they are presented the brand as a cue. For example, if you go to a store, will you be able to recognize the brand to which you have been already exposed?

2: Brand Recall: It is the consumers ability to retrieve the brand from their memory if they are given product category or usage occasion as a cue. For example, when you think of carbonated drink, then what brand comes into your mind?

3 0
3 years ago
In Myanmar, seven laborers, each making the equivalent of $2.50 per day, can produce 38 units per day. In China, nine laborers,
Tresset [83]

Answer:

The labor cost per unit is lowest for China and is $0.40 per unit

Explanation:

Country    Labor Wage per Day   Wages per    Production      Labor cost

                 count       per labor         Day               units per day     per Unit

                    L            w                  W=L×w              P                    l=W÷P

Myanmar      7          $2.50               17.50               38                 $0.46

China            9          $2.00               18.00               45                 $0.40

Billings/         4          $57.00            228.00         102                   $2.24

Montana

The labor cost per unit is lowest for China and is $0.40 per unit

6 0
3 years ago
Suppose that, at an official ticket price of $480, there are 6,000 Justin Timberlake fans wanting to attend his concert, but onl
Nonamiya [84]

Answer:

A. The market clearing price of the tickets is more than $480.

Explanation:

Market-clearing price is a level where the quantity demanded of a product matches or the quantity supplied. At this price, A product or service does not experience any surplus or shortages.  It is the price where the demand curve and the supply curve intersect. The market-clearing price is the same as the equilibrium price.

As the price of $480, the demand for the show is at 6000, but supply is at 4000. There is a surplus in demand. The price of $480 is attractive to more people than supply can handle. Matching supply and demand would require the price to be set above the $480.

6 0
3 years ago
Adams and Collin Enterprises expect earnings and dividends to grow at a rate of 25% for the next 4 years, after the growth rate
ollegr [7]

Answer:

the intrinsic value of the stock is 42.97

If the stock is priced at 40 dollars it would be a good idea to purchase the share as will provide a better yield than the cost of capital of 9.6%

Explanation:

First, we solve for the cost of equity using the CAPM:

Ke= r_f + \beta (r_m-r_f)

risk free = 0.03

market rate = 0.09

premium market = (market rate - risk free) = 0.055

beta(non diversifiable risk) = 1.2

Ke= 0.03 + 1.2 (0.055)

Ke = 0.09600

<em>Now we solve for the intrinsic price using the gordon model</em>

<em>with multi-stage growth:</em>

First, we calcualte the future dividends

grow rate Dividends

0                1.25

1 0.25       1.5625

2 0.25       1.953125

3 0.25       2.44140625

4 0.25       3.051757813

4 0.03     3.143310547

Now in the last year, we calcualte using the gordon model or constant grow:

\frac{3.143310547}{0.096-0.03} = Intrinsic \: Value

32.7128182

Now we calculate and add together the present value of each of this future cash flow to determnate the intrinsic  value ofthe share:

\frac{Principal}{(1 + rate)^{time} } = PV

Present Value

1 1.5625 / (1+0.096)^1     =  1.425638686

2 1.953125 / (1+0.096)^2 = 1.625956531

and so on, giving the following values:

3 1.854421226

4 2.114987712

present value of the future dividends at 3% 22.67126448

<u>Finally we add them and get:</u>

42.97160726

8 0
3 years ago
Assume the following information pertaining to Moonbeam Company:
Nana76 [90]

Answer:

<u>d. Material Purchases =  $ 169,000</u>

Explanation:

Cost Of Goods Statement.

Beginning Direct Materials =         $117,000

Add Material Purchases =            $ 169,000

Less Ending Direct Materials =     <u>$130,000 </u>

Direct Materials Used =                 $156,000 ( given)

Direct Labor=                                    $ 697,000

Factory Overhead =                         $199,000

Total Manufacturing Costs =           $896,000

Beginning WIP Inventory =              $85,000

Ending WIP Inventory =                 $104,000

Cost of Goods Manufactured=      $ 1033,000

Beginning Finished Goods Inventory = $130,000

Ending Finished Goods Inventory = $124,000

Cost Of Goods Statement               = $ 1039,000

4 0
3 years ago
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