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FromTheMoon [43]
2 years ago
7

1. What characteristics of sales promotions account for the high levels of expenditures that have been allocated to them in rece

nt years?2. What role does sales promotion play in the trade channel and in business markets?
3. Why are sales promotions considered "risky" as a tool for integrated marketing communication (IMC)?
Business
1 answer:
Pani-rosa [81]2 years ago
4 0

Answer:

1. Marketing a product with making an advertisement with a high paid cast requires a high level of expenditure. This type of sales promotion is considered an effective but expensive.

2. Sales promotion plays a vital role in the trade channel and also in business markets as by promoting a product the customer and consumer comes to know about the product and its features by which it can differentiate it with other similar products and if the promotion is effective the consumer demand will increase and thus both the consumers and customers will buy the product.

3. Integrated Marketing Communication (IMC) is considered a risky tool for sales promotion because in this method an organisation coordinates with many channels to spread their message which is risky because according to a survey almost 70% of the messages lost their initial meaning while reaching the third channel.  

Explanation:

1. Marketing a product with making an advertisement with a high paid cast requires a high level of expenditure. This type of sales promotion is considered an effective but expensive.

2. Sales promotion plays a vital role in the trade channel and also in business markets as by promoting a product the customer and consumer comes to know about the product and its features by which it can differentiate it with other similar products and if the promotion is effective the consumer demand will increase and thus both the consumers and customers will buy the product.

3. Integrated Marketing Communication (IMC) is considered a risky tool for sales promotion because in this method an organisation coordinates with many channels to spread their message which is risky because according to a survey almost 70% of the messages lost their initial meaning while reaching the third channel.  

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At the end of Year 2, retained earnings for the Baker Company was $3,350. Revenue earned by the company in Year 2 was $3,600, ex
garik1379 [7]

Answer:

Retained earnings at the beginning of Year 2 is $2,950.

Explanation:

Given the following:

Retained earnings at the end of Year 2 = $3,350

Revenue earned by the company in Year 2 = $3,600

Expenses paid during the period = $1,900

Dividends paid during the period = $1,300

Retained earning for year 2 = Revenue earned by the company in Year 2 - Expenses paid during the period - Dividends paid during the period = $3,600 - $1,900 - $1,300 = $400

Retained earnings at the beginning of Year 2 can be using the following formula:

Retained earnings at the end of Year 2 = Retained earnings at the beginning of Year 2 + Retained earning for year 2 .......... (1)

Substituting the values into equation (1) and sole for Retained earnings at the beginning of Year 2, we have:

$3,350 = Retained earnings at the beginning of Year 2 + $400

Retained earnings at the beginning of Year 2 = $3,350 - $400 = $2,950

Therefore, retained earnings at the beginning of Year 2 is $2,950.

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3 years ago
Power Company issued a $ 1,000,000​, 5 %​, 10​-year bond payable at at face value on January​ 1, 2016. Requirements
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Answer and Explanation:

The journal entries are shown below:

1. Cash Dr $1,000,000

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For recording this we debited the cash as it increased the assets and credited the bond payable as it also increased the liabilities

2. Interest Expense Dr ($1,000,000 × 5% × 1 ÷ 2) $25,000

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(Being the interest expense is recorded)

For recording this we debited the interest expense as it increased the expense and credited the cash as it decreased the asset

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Strategic management is defined as
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Creation and execution of goals by the management team, defined by available resources and existing conditions in and out of the company.
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What do you think of when you hear the words “product development”?
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Answer: Product development is the complete process of delivering a new product or improving an existing one for customers. The customers can be external or internal within a company.The objective is to ensure that the new or enhanced product satisfies a real customer needs

Explanation:

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Wnich of these skills is the cognitive ability to see the organization as a whole and the relationship amon parts? a. Human b. R
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Answer:

c. Conceptual

Explanation:

The skill that best suits the cognitive ability to see the organization as a whole and the relationship between the parties is the conceptual skill.

This is an essential skill for managers who will manage the systems that comprise the organization, because through conceptual skill it is possible to learn through experience, planning, innovation through ideas and solutions, which can help the manager to order the leadership and decision-making process effectively for the company as a whole, in addition to facilitating the process of assertive communication aimed at employee engagement and other variables that promote continuous improvement in the company.

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