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3 years ago

explain why it is important for marketers to be able to measure the effectiveness of marketing activities.

1 answer:

5 0

Marketing effectiveness is measured by how well a company's marketing strategies increase its revenue while decreasing its costs of customer acquisition.

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Without using calculus or any other advanced math, the MS Solver plug-in can be used to find the input value for x that results

erik [133]

Answer:

The weekly revenue is maximum at x=1.67.

Explanation:

The given function is

$f(x)=1000x -300x^2$ .... (1)

where, f(x) is the total revenue at price x.

We need to find the price x at which the weekly revenue is maximum.

The leading coefficient of the given function is -300, which is a negative number. So, it is a downward parabola and vertex of a downward parabola is the the point of maxima.

If a parabola is defined as

$g(x)=ax^2+bx+c$ ... (2)

then the vertex of the function is

$(-\frac{b}{2a},g(-\frac{b}{2a}))$

From (1) and (2) it is clear that

$a=-300,b=1000, c=0$

The given function is maximum at

$-\frac{b}{2a}=-\frac{1000}{2(-300)}$

$-\frac{b}{2a}=\frac{10}{6}$

$-\frac{b}{2a}=1.66667$

$-\frac{b}{2a}\approx 1.67$

Therefore the weekly revenue is maximum at x=1.67.

4 0

3 years ago

Lifetime goals are the vision that you have of how you want to live, work, play, and thrive during your entire life, rather than

Alex Ar [27]

Answer:

Explanation:

may be the answer is B.

owning a business!

8 0

3 years ago

Read 2 more answers

A survey of 300 magazine readers was taken because a client has given its advertisement on that magazine. The a matrix has been

Serhud [2]

Unfortunately though, you missed to include here the matrix that would have been helpful in answering the questions. However, it may be evident that the advertisement is effective depending on the number of people who have read the advertisement and actually bought the soap afterwards. The more people bought, the successful the advertisement is.
Depending on the success of the advertisement, the client may be advised to continue or discontinue this kind of advertisement. Lastly, the respondents could also be asked about their feedback about the soap especially those who have actually tried it.

8 0

3 years ago

A corporation is considering the purchase of an interest in a real estate syndication at a price of $75,000. In return, the synd

Cerrena [4.2K]

Answer:

IRR 1.50%

It will receive 300,000 dollars when:

250,000 is return of capital and 50,000 will be considered profit.

Explanation:

1,000 x 300 months = 300,000 dollars

The IRR will make the payment match the present value of the $250,000 principal

That will be the yield of the investment.

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 1,000.00

time 300

rate 0.001251129 ( we solve for the rate using excel goal seek or a financial calcualtor

$1000 \times \frac{1-(1+0.00125112927898874)^{-300} }{0.00125112927898874} = PV\\$

PV $250,000.0000

Now, as this are monthly payment we multiply by 12 to get the annual convertible rate:

0.001251129 x 12 = 0.015013551

rate = 1.50% per year

6 0

4 years ago

Class membership in the United States is determined to a much greater degree by individual background and schooling, as opposed

Marizza181 [45]

Answer: False

Reason:

The class system in the United States is not largely dependent in determining the class membership by using the individual background. Just like in Europe, Asia and other countries, USA has defined its upper, middle class and lower classes and has separate assessment way just like other countries. The USA class membership is determined on the grounds of individual wealth and is not concerned with level of education.

4 0

3 years ago