Endorsement occurs when an athlete licenses his or her name to be used as a type of testimonial for a product or service. The use of technology is not a factor in entertainment and sports marketing. The intersection of entertainment and marketing is known as destination branding.
<h3>What is
Endorsement?</h3>
An endorsement can be an update to a contract or document, such a life insurance policy or a driver's license, or it can be a signature approving the legal transfer of a negotiable instrument between parties. An endorsement is a public declaration of support for a person, thing, or service.
- Although an endorsement can have many distinct connotations, the most have to do with permission or authority.
- When someone signs a check, they are said to be endorsing it with their signature or a similar stamp, which authorizes the payment or transfer of funds.
- Endorsements can relate to modifications made to agreements or legal records, like life insurance policies or driving records.
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Answer:
Explanation:
1a
Break-even point in dollar sales 406957 =(109200+78000)/46%
1b
Break even point
Chicago office 72429 =50700/70%
Minneapolis office 146250 =58500/40%
1c
Greater than
2
Increase in sales 48750
X CM ratio 40%
Net operating income increase 19500
3
Total company Chicago Minneapolis
Amount % Amount % Amount %
Sales 520000 100.0% 130000 100.0% 390000 100.0%
Variable expenses 273000 52.5% 39000 30.0% 234000 60.0%
Contribution margin 247000 47.5% 91000 70.0% 156000 40.0%
Traceable fixed expenses 109200 21.0% 50700 39.0% 58500 15.0%
Office segment margin 137800 26.5% 40300 31.0% 97500 25.0%
Common fixed expenses not traceable 78000 15.0%
Net operating income 59800
A) Setting multiple budgets
I think A. Because I think it is very important to meet new people and getting to know them.
According to the logic behind the Rational Rule for Sellers, a company owner should increase output when the extra output D. adds more to revenue than it adds to costs.
According to the Rational Rule for Sellers, a seller should only choose the output level where the marginal cost is equal to the marginal revenue.
It should be noted that the owner of a company should increase output when the extra output adds more to revenue than it adds to costs. This is vital in order to increase the revenue and profit of the firm.
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