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3 years ago

Household consumers are the most conspicuous audience in that most mass media advertising is directed at them. T/F

Business

1 answer:

elena-14-01-66 [18.8K]3 years ago

6 0

Answer:

The correct answer is True.

Explanation:

Local advertising is of capital importance, especially for those who want to spread their business in specific cities or geographic regions.

With word of mouth advertising, you can surely get your business to reach different cities; but not at the speed that is required to recover the investment invested.

Businesses that have a local advertising plan will be able to bring their products and / or services to potential customers located in the target geographic area and increase their recognition as a local brand.

We are sure you have heard the following quotes; <em>"The best publicity is what satisfied customers do"</em> by Philip Kotler, and "What helps people helps business" by Leo Burnett

So why is local advertising important? Business owners have asked themselves this question for years, and the answer is really quite simple ... To get attention, direct traffic to your business and close sales.

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What is the amount of interest earned after two years on a $100 deposit paying 4 percent simple interest annually?

klasskru [66]

Answer:

Explanation:

The yearly amount of interest earned on a $100 deposit at 4 percent rate is:

$Ai=$100*0.04\\Ai=\$4$

Since simple interest investments yield a constant interest each year, the amount earned after two years is:

$I=2*\$4\\I=\$8$

The total amount earned is $8.

7 0

3 years ago

Record the January 31, 2019 adjusting entry for the December 31, 2018 receipt of $3,000 from race participants for providing ser

MAXImum [283]

Answer:

Debit Unearned revenue $1,000

Credit Service revenue $1,000

Explanation:

When cash is received in advance for service yet to be provided, an asset and a corresponding liabilities are created.

The liability is then reduced as the revenue for which cash was collected in advance is earned.

Given that the December 31, 2018 receipt of $3,000 from race participants for providing services for three races. One race is held on January 31, 2019 and the other two will be held in March 2019.

Revenue from one race = 1/3 × $3,000

= $1,000

Since One race is held on January 31, 2019, entries required

Debit Unearned revenue $1,000

Credit Service revenue $1,000

Being entries top recognize revenue earned from the race held on January 31, 2019 .

4 0

3 years ago

According to the consumer decision process, after consumers recognize the need for a product, they then engage in:.

lions [1.4K]

Answer:

An information search.

What is information search?

is a stage in the Consumer Decision Process during which a consumer searches for internal or external information.

4 0

3 years ago

Which category in Maslow's hierarchy includes basic survival needs such as air, food, water, and shelter?

riadik2000 [5.3K]

the answer is : A

The Physiological category in Maslow's hierarchy includes basic survival needs such as air, food, water, and shelter.

7 0

3 years ago

Read 2 more answers

An investor purchased a "par bond" for $300 with the principal $300. Over n = 5 years the bond will pay 8% coupon annually. Find

Digiron [165]

Answer:

Explanation:

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator

Cash flow in year 0 = $-300

Cash flow each year from year 1 to 4 = $\frac{8}{100}$ × $300 = $24

Cash flow in year 5 = $300 + 24 = $324

IRR = 8%

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.

4 0

3 years ago