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Mass marketing, often known as undifferentiated marketing, is a tactic that involves developing a single message for every possible audience. It increases brand recognition and enables firms to contact more customers at a reduced cost.
It encompasses all the activities that companies undertake to push, sell, and distribute that product or service. The goal is to come up with sales and build a loyal Marketing customer base by informing prospective and existing buyers about the offering. The key purpose of selling is to induce people to inquisitive about the products or services of an organization.
This happens through market research, research and contemplating the interest of a business's ideal customers and attracting them through messaging which might be educational and helpful to a business's target group.
Marketing Management is an organizational discipline, which deals with the sensible application of promoting orientation, techniques and methods in enterprises and organizations and with the management of a company's marketing resources and activities.
The underside line of any business is to form money and marketing is a vital channel to achieve that end goal. Creative explained that without marketing many businesses wouldn't exist because marketing is ultimately what drives sales.
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Answer:
petty cash 390 debit
cash 390 credit
Explanation:
We are asked for the establishment of the fund
we only <u>need to create the petty cash account</u> for the amount.
And <u>decrease the cash account</u> for the same amount, because is no logner available for other use.
<u><em>When increasing </em></u>the found we do thesame entry for the additional cash
<u><em>If we need to remove</em></u> the petty cash we will reverse this entry for the full amount
<u><em>If we need to decrease</em></u> the petty cashwe will reverse this entry forthe amount deducted
Answer:
Total implicit cost = $65,000
so correct option is B) $65,000
Explanation:
given data
mutual fund = $100,000
earn = 5%
rented a showroom = $20,000
furniture = $60,000
incurred costs = $40,000
solution
we know that Implicit cost that is take here into account alternative that have sacrifice
so that alternative sacrifice is interest on the deposit of 5 % of 100,000 = $5000
and salary foregone = $60,000
so
Total implicit cost is
Total implicit cost = $5,000 + $60,000
Total implicit cost = $65,000
so correct option is B) $65,000
Answer:
The correct option is (B)
Explanation:
A strategic equity alliance is made when one organization buys a specific value level of the other organization. When Candy bought 30% of the value in Dreamcatcher Inc., an equity alliance was formed. In this type of alliance, one company buys ownership of another company, but that other company does not pool in the resources and cannot claim ownership. This type of alliance is commonly done to improve the business cycle and slow growth.
