Answer:
(A). Multichannel promotion strategy
Explanation:
A multi-channel promotion strategy is one used by marketers to reach as many customers (either existing or potential) as possible.
It involves combining various channels of communications to reach a wider audience wherever they are.
In this method, traditional marketing communications may be combined with social media or other forms of digital communications.
Answer:
Dr Owner capital account $275
Cr Drawings Account $275
Explanation:
The initial entry was:
Dr Drawings $275
Cr Inventory $275
And the closing entry is to close the drawing account which is done by crediting the whole balance left in the drawing account and charging it to owner capital account. By doing so the drawing shows lowers the profit as the owner has not paid any cash and the drawing account closes at zero balance at the end of the year.
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Answer:
Prices need to be regulated and set by the government to prevent inflation.
Explanation:
Milton Friedman was a monetarist. Monetarists believe in the quantity theory of money which states that inflation is a direct result of the growth of the amount of money in an economy. One of the most famous quotes by Friedman is "Inflation is always, and everywhere, a monetary phenomenon".
Under this reasoning, Friedman proposed that the government should control the money supply in order to address and maintain a stable price level, in other words, low inflation.
Friedman policies were implemented in the U.S. since the late 1970s, and emulated in most other countries in the world. Ever since, the monetary policy of most countries in the world has been aimed at controlling inflation and keeping it low.
The branding Strategy that was used by Hormel is known as the multi product branding.
<h3>What is branding?</h3>
It should be noted that branding simply means the process of creating a strong, positive perception of a company.
In this case, the branding srategy that was used by Hormel is known as the multi product branding.
Learn more about branding on:
brainly.com/question/1234049
