Answer:
create awareness
Explanation:
Based on this scenario it can be said that the main goal of this promotion was to create awareness. This means grabbing the attention of as many individuals as possible in order to spread the company's reach. Doing so allows a wider population to get to know the company which in term leads to more clients doing business with Mercury Appraisal Company, and more business means more profits.
Answer:
textbook chapter headings
The life cycle of a product is associated with marketing and management decisions within businesses, and all products go through five primary stages: development, introduction, growth, maturity, and decline. Each stage has its costs, opportunities, and risks, and individual products differ in how long they remain at any of the life cycle stages.
Answer:
r = 0.10666841 or 10.666841% rounded off to 10.67%
Explanation:
Using the constant growth model of dividend discount model, we can calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,
P0 = D0* (1+g) / (r - g)
Where,
- D0 * (1+g) is dividend expected for the next period
- r is the required rate of return
By plugging in the available values for P0, D0 and g, we can calculate the value of r to be,
76.48 = 4.32 * (1+0.0475)/ (r - 0.0475)
76.48 * (r - 0.0475) = 4.5252
76.48r - 3.6328 = 4.5252
76.48r = 4.5252 + 3.6328
r = 8.158 / 76.48
r = 0.10666841 or 10.666841% rounded off to 10.67%
3.6 / 40 = g
g = 0.09 or 9%