Answer:
promotion mix.
Explanation:
Publicity is the activities of a company to create a good relationship with society. It entails building a good reputation in the eyes of customers. Publicity creates a positive image for a company making it easier to convince customers to buy its product.
Publicity is part of a company's promotion mix. It is a strategy that a business uses to market its brand in the market. A promotion mix is a combination of different marketing approaches that marketers use to reach a wide range of target audiences.
<span>The goal of utility maximization is to allocate your resources in order to maximize your satisfaction.
Utility maximization is a concept which is used in the economics which explains that when a person is making a decision to purchase anything, he/she prefer to get the greatest value that is possible but at the least amount of money.
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Answer:
3.83 years
Explanation:
The payback period measures how long it takes for the amount invested in a project to be recovered from the cumulative cash flows.
It is a capital budgeting technique that doesn't account for the time value of money.
Payback period = Cost of asset / cash flows
$92,000/ $24,000 = 3.83 years
I hope my answer helps you
Answer:
b) 100 cars per day.
Explanation:
With the information above, we can conclude that each worker washes 20 cars per day, and earns a wage of $60 per day.
So the total labor costs per day is $60 wage per worker X 4 workers = $240
The total sales revenue per day is: 80 cars washed per day X $5 per wash = $400.
So, we can see that with four workers, the firm has a good profit of = $400 - $240 = $160.
If the firm hired a fifth worker, labor costs would increase to $320 ($240 + $60), the amount of cars washed would increase to 100, and the sales revenue would increase to $500 (100 x $5).
So, profits would increase to $180 ($500 - $320) if the firm hired a fifth worker.
However, productivity should still be stable, so a worker who washed less than 20 cars per day should not be hired, this is why the A option is wrong.
A category of data such as a customer's name, city, state, or phone number is called a field.
<h3>What is a field in data organization?</h3>
Field can be regarded as the smallest unit of data organization, which contains a specific category of data , and these data could be customer's name, city, state or phone number.
Hence, A category of data such as a customer's name, city, state, or phone number is called a field.
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