Public relations has more power to influence consumers than other forms of corporate communication because the message is usually sent through the media which is usually perceived as trustworthy.
<h3>What is public relations?
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This is referred to as the act of sending messages from a person or a corporation to the public at large.
The goal is to be able to change or influence the perception of the public on certain issues.
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Answer: c. is designed to describe a product’s characteristics and is usually associated with search goods.
Explanation: Advertising is a commercial solicitation designed to sell some commodity, service or similar with the aim to inform, persuade and to remind. Informative advertising is designed to describe a product’s characteristics, is usually associated with search goods and creates awareness of brands, products, services, and ideas. Thus, it announces new products as well as educating the target audience about the various attributes and benefits of the product.
Consumer Surplus
This is the difference between what consumers are willing and able to pay and what they actually do pay. You may be willing to spend up to $100 on a new pair of shoes but if you find the perfect pair on sale for $20 you will buy those and there will be an $80 surplus.
Answer:
The monthly withdrawals are $3,537.85 and will last for 23 years.
Explanation:
We have to calculate the monthly installment of an annuity:
PV 568,900.00
time 276 (23 years x 12 months)
rate 0.004333333 (5.2% = 5.2 / 100 = 0.052 per year we now divide by the 12 months of a year and get the rate for monthly withdrawals.
C $ 3,537.85
<u>Solution and Explanation:</u>
The following journal entries will be passed in the book sof fasteners Inc., Co., which is a supplier of buttons and zippers for clothing
Date Accounts Titles and Explanation Post Ref Debit Credit
1 Nov-21 Notes receivable $ 72,000
Accounts receivable-McKenna Outer Wear Co. $ 72,000
2 Dec-31 Interest receivable
$720
Interest revenue $ 320
3 Jan-20 Cash $ 73080
Interest revenue
$360
Interest receivable $720
Notes receivable $72,000
Note: the figures have been calculated and rounded off in the nearest dollar amount.