This is a true statement that Beneficiary-facing content that includes generic or plan-specific product or benefit information must be submitted for review and cms submission, as well as acceptance or approval, prior to distribution.
<h3>
What is distribution?</h3>
The term "distribution" refers to spreading a product out over the market so that many people may purchase it. These actions are involved in distribution: 1. A reliable transportation system to deliver the commodities to various locations. Distribution is the process of distributing things to clients. One example of distribution is the transportation of rice from Asia to the US.
Therefore,
Beneficiary-facing content that includes generic or plan-specific product or benefit information must be submitted for review and cms submission, as well as acceptance or approval, prior to distribution. This is a true statement.
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This question can be found on the test for Boater Safety. The PFDs that can be considered to be readily accessible are those worn by passengers, those kept in open bins near a passengers seat, and the ones that can be grabbed quickly by anyone on board. The PFDs that are not considered to be readily accessible would be any that are sealed in their original plastic bags. The PFDs must be put on in a reasonable amount of time during an emergency.
Cost volume profit shows the relation between sales volume, price and costs, these three factors affects the profit of company. Such CVP analysis used in decision making for the company. Profit volume(PV) ratio is one of the ratio from CVP analysis. PV ratio is the ratio between Contribution and sales of the company.
For example:- Let's say Sales of the company is $10,000,000 and variable cost = $3,585,000
Contribution will be Sales-variable cost = $10,000,000 - $3,585,000 = $6,415,000
PV ratio = Contribution/sales *100 = $6,415,000 / $10,000,000 * 100 = 64.15%
Here in this example, PV ratio of 64.15% is the contribution before fixed cost that a company has earned from its sales.
Break Even Analysis:-
Break even analysis show the situation where the company is at zero profit situation, means no profit no loss situation. Break even analysis or the break even point is the point that given the level at which company earns no profit or incurred no loss. Break even point is one of the analysis that comes under Break even analysis. Break even analysis is the ratio between fixed cost and PV ratio (%) of the company.
For example;- Let's say in the above example Fixed cost of the company is $1,300,000 and PV as calculated in the above example is 64.15% , Break even point will be Fixed cost / PV ratio = $1,300,000 / 64.15% = $2,026.500. This is the point where company is at zero profit/loss situation means company incurred no loss and earned zero profit.
Personal Selling involves the two way flow of communication between a buyer and seller, often in a face to face encounter, designed to influence a person's or group's purchase decision.
<h3>What is Two way flow of communication?</h3>
Two-way communication involves feedback from the receiver to the sender. This allows the sender to know the message was received accurately by the receiver. Communication is also negotiated which means that the sender and receiver listen to each other, the messages then gathers information to respond.
The two-way communication process involves the sender transmitting the message or information that may be of significance to the receiver. The receiver, upon getting the message, deciphers it and replies with the feedback.
<h3>What is Personal Selling?</h3>
Personal selling is also known as face-to-face selling in which one person who is the salesman tries to convince the customer in buying a product. It is a promotional method by which the salesperson uses his or her skills and abilities in an attempt to make a sale.
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Answer:
The correct answer is: marketing communications.
Explanation:
Public Relations and the Marketing department of an organization work hand by hand. While one of them is in charge of promoting the firm's good or service the best way possible to earn a profit, the other is in charge of taking that image portrayed and publishing it personally to competitors and potential consumers through different marketing communications.
