Answer: Marketing Automation
Explanation:
Marketing automation is defined as the use of technology to manage marketing process and campaigns across different channels in an organization.
Marketing Automation helps to increase sales because a wider range of customers can be reached. It also increases the efficiency of the sales and marketing department and reduce human errors.
Marketing automation can be used for customers with automated message in an Organization.
It requires sending bulk messages to potential customers through mails and text. Messages are sent to customers automatically in marketing automation.
Marketing automation is an online marketing strategy that reduces time wastage.
Answer:
The insurance expense for year 1 is $2,200.
Explanation:
The insurance expense for the year 1 is $2,200, which is for 11 months in the first year. The balance of $2,600 will be carried forward to the next year as prepaid insurance. The first entry is a debit to the Prepaid Insurance account for the sum of $4,800 and a credit to the Cash account for the same amount, in order to record the cash payment. In year 1, Insurance Expense account will be debited with $2,200 while Prepaid Insurance will be credited with the same amount, in order to record the expense.
Answer: Fast Mapping
Explanation: Fast mapping is one of the many processes of learning and developing the vocabulary for may languages, it involves simultaneous usage of a familiar word which is the exact opposite of the unfamiliar word. It is quite effective in developing the understanding of unknown words, rather than conventional dictionary learning processes, because it is quick and it also helps the learner grab the possible context in which the newly learned word can be used.
Answer:
If the several companies in the tobacco industry produce similar products but have very different marginal costs: they are more likely to engage in tacit collusion than firms with similar costs.
Explanation:
Tacit collusion occurs when firms silently agree on a strategy that will benefit them both either by cutting cost or increasing patronage.
If the several companies in the tobacco industry produce similar products but have very different marginal costs, some firms might decide to collude tacitly by lowering their prices therefore controlling a larger potion of the addressable market.
The reason this action is taken silently is because express collusion will attract legal sanctions that will be supported by firms within the industry that did not collude.
Answer:
The correct answer is Crowdsourcing.
Explanation:
Crowdsourcing seeks to outsource or delegate tasks to be left in charge of a large group of people or community. This community, composed of qualified professionals will present their proposals, ideas and candidacies. Companies that use Crowdsourcing will choose the most suitable people to carry out the different jobs, solve the most complex problems and contribute to the development of the business through new and relevant ideas. The objective is to develop the tasks in a shorter period of time with more effective results thanks to more labor and the contribution of solutions. In this way, the effort by the customer, supplier or company is reduced. The elect or chosen within a community will be rewarded for their work in an economic, material or even labor way. Gedesco
