Answer:
if you want to maximize the amount of interest that you will earn, then you should choose bank C
Explanation:
interest gained in 1 year in bank A = $5,600 x 4.61% = $258.16
interest gained in 1 year in bank B = $5,600 x [(1 + 4.15%/12)¹² - 1] = $236.87
interest gained in 1 year in bank C = $5,600 x [(1 + 4.57%/2)² - 1] = $258.84
interest gained in 1 year in bank D = $5,600 x [(1 + 4.25%/4)⁴ - 1] = $241.82
we have to calculate the effective interest rate paid by each bank using the following formula:
effective interest = (1 + i/n)ⁿ - 1
Answer:
B. Market Development
Explanation:
Market development is a growth strategy that <em><u>identifies and develops new market segments for a product</u></em>.
In this question, yes the cereal is mostly consumed at breakfast, but the Kellogg's Oat Bran is developing the market by portraying the Oat Bran as a snack rather the breakfast.
Targeting and developing the new customers to be the consumer of the product is at the heart of the strategy.
In a way, it's about literally developing the market for your product is not currently your consumer yet.
a. Situational needs
b. Functional needs
c. Social needs
d. Psychological needs
e. Knowledge needs
Answer:
b. Psychological needs
Explanation:
-Situational needs are the ones that are related to the customer's environment, place and time.
-Functional needs are the basic ones people need to be able to live.
-Social needs refer to the need people have to relate to the others.
-Psychological needs refer to things pople need for their well-being and being able to function properly.
-Knowledge needs refers to the ones related to learning new things.
According to this, the need the buyer is expressing is a psychological need because your prospect says that they are interested in the product because it is the one best suited for a particular task. The prospect could be able to buy a similar product from someone else but as they consider this as the best one, buying it will make them feel good.
Answer:
Product placement.
Explanation:
Product placement is a type of marketing technique that is used by various organizations to promote their products without a clear reference to the product. This is done by paying some amount of money for these products to be shown in films and television programmes.
Product placement is carried out to generate a form of positive feelings towards the product being advertised. It enables the potential customers viewing the advert to develop a stronger bond with the brand company.
Costs incurred prior to the current project are Sunk Costs .
<h3>What are
Sunk Costs?</h3>
sunk cost are those cost that that is been incurred without any recovery.
It can be used in decision making, which is seen as bygone and are not taken into consideration for continuity, hence, they are incurred prior to the current project .
Learn more about Sunk Costs at:
brainly.com/question/14042751
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