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Gennadij [26K]
2 years ago
13

ROMI is an acronym that stands for​ _____, and indicates how much value an​ organization's marketing activities create. A. retur

n on marketing investment B. real operational marketing instructions C. realized operational​ mass-market investments D. return on monetary investment E. realized operational metrics inbound
Business
1 answer:
docker41 [41]2 years ago
5 0

Answer:

A. return on marketing investment (ROMI)

Explanation: ROMI is used to measure the overall effectiveness of marketing campaign.

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Parliament Company, which expects to start operations on January 1, year 2, will sell digital cameras in shopping malls. Parliam
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Answer:

Note: <em>The complete question is attached as picture below</em>

<em />

We are add the previous month +10% to get that month's amounts

                              Sales Budget

                       January     February    March

Cash sales      $50,000   <u>$55,000</u>    <u>$60,500</u>

Credit sales    $120,000  <u>$132,000</u>  <u>$145,200</u>

Total sales      $170,000 <u>$187,000</u>  <u>$205,700</u>

<u>Workings</u>:

February

Cash sales = 50,000+(50,000*10%) = $55,000

Credit sales= 120,000+(120,000*10%) = $132,000

March

Cash sales = 55,000+(55,000*10%) = $60,500

Credit sales= 132,000+(132,000*10%) = $145,200

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Read 2 more answers
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