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2 years ago

Which of the following skills allows advertising, promotions, and marketing managers to choose which strategies are

Business

1 answer:

alexandr402 [8]2 years ago

8 0

Answer:

Decision-making skills

Explanation:

Decision making involves an objective comparison between alternatives to make a choice that improves an organization. The decision making skill is a trait that portrays proficiency in relating concepts to organizational goals.

Decision-making skills allow managers to make quick and accurate decisions. A marketing manager will correctly identify strategies to make a marketing campaign successful if they have good decision-making skills.

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In their battle for chocolate lovers, Godiva and Hershey's must divide the population into different categories of consumers, fo

Veseljchak [2.6K]

Answer:

a. True

Explanation:

Godiva is a well known chocolate shop and Hershey is renowned all over the world. To take over the market control both have divided consumers into different categories, e.g. luxury of buying chocolates versus cost-conscious who are willing to pay a subsequent amount only and those who are looking for quick energy boost so good labeling than those looking for a gift to loved ones so better outlook, although both have industries in the same market.

4 0

3 years ago

Spartan Systems reported total sales of $374,400, at a price of $24 and per unit variable expenses of $13, for the sales of thei

V125BC [204]

Answer:

$214,500

Explanation:

For the computation of the amount of contribution margin first we need to follow some steps which are shown below:

No of units sold = Total sales ÷ selling price per unit

= $374,400 ÷ $24

= $156,00

Variable cost = No of units sold × Variable cost per unit

Variable cost = $15,600 × $13

=$202,800

Contribution margin = Sales - Variable cost

= $374,400 - $202,800

= $171,600

CM ratio = Contribution margin ÷ Sales

= $171,600 ÷ $374,400

= 0.46

Contribution margin = CM ratio × Sales Contribution margin

= 0.46 × (1.25 × $374,400)

= $214,500

3 0

3 years ago

When people improve their

DochEvi [55]

Answer:

Explanation:

I don't have a explanation

7 0

1 year ago

If an insured is concerned about being unable to pay the premiums on his or her whole life policy in the event of a total disabi

ELEN [110]

Answer:

c. Waiver of Premium

Explanation:

A waiver of premium is clause in an insurance contract in which the insurance company promises not to oblige the insurer to pay a fee to maintain the contract in some extraordinary cases: these cases are usually either disability or death.

Because in the case of this question the insured is concerned about becoming disable and losing the ability to pay for the contract, he is likely to benefit from a waiver of premium included in his insurance contract.

4 0

2 years ago

Refer to the following lease amortization schedule. The five payments are made annually starting with the beginning of the lease

babymother [125]

Answer and Explanation:

Lease Cash Effective Decrease in Outstanding

Payment Payment Interest Balance Balance

$ 34,600

1 $ 8,000 $ 3,460* $ 4,540** $ 26,600

2 $ 8,000 $ 2,660 $ 5,340 $ 21,260

3 $ 8,000 $ 2,126 $ 5,874 $ 15,386

4 $ 8,000 $ 1,539 $ 6,461 $ 8,925

5 $ 8,000 $ 893 $ 7,108 $ 1,818***

6 $ 2,000 $ 182 $ 1,818 $ -

*34600 x 10%

**8000-4540

***8000-7108

Interest rate = interest on second lease payment/outstanding balance after 1st payment x 100

Interest rate = 2660/26600 x 100

Interest rate = 10%

5 0

3 years ago