Answer:
the payback period of the project is 3.57 years
Explanation:
The computation of the payback period is shown below;
Payback period:
= Initial investment ÷Cash inflows
= $100,000 ÷ $28,000
= 3.57 years
We simply divided the initial investment by the cash inflows so that the project payback period could come
Hence, the payback period of the project is 3.57 years
Answer:
Advertising campaign.
Explanation:
An advertising campaign is a group of advertisements, commercials, and related promotional materials and activities
, which are designed as part of a coordinated advertising plan to meet the specific goals of a company.
The purpose of the Advertising Campaign Event is to prepare an advertising campaign of any length for a real product, service, company, or business for a prospective client/advertiser.
The critical part of making an advertising campaign is determining a champion theme as it sets the tone for the individual advertisements and other forms of marketing communications that will be used.
The campaign theme is the central message that will be communicated in the promotional activities. The campaign themes are usually developed with the intention of being used for a substantial period but many of them are short lived due to factors such as being ineffective or market conditions and/or competition in the marketplace and marketing mix.
