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Luden [163]
3 years ago
7

Advertising is an expenditure that ultimately must be justified in terms of its effect on sales and profits, yet most evaluation

s of advertising are in terms of the effects on consumer attitudes. How do you account for this apparent mismatch
Business
1 answer:
inn [45]3 years ago
7 0

Answer: Emphasis must be made on sales and profits, with the central position being how the customer perceive this goods

Explanation:

Advertisement should be aimed at improving sales and expanding the market for goods. Advertisement is not just to bring customers but also inform them on updates about products. Although customers attitude are needed, this helps the manufacturer or producer to know feedback on what the market is saying, as this cannot be ignored. Emphasis must be made on sales and profits, with the central position being how the customer perceive this goods.

The apparent mismatch is producers looking solely to what the customers are saying rather than considering profit, market expansion, sales, all surrounded by the customer as the focus

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An office manager has received a report from a consultant that includes a section on equipment replacement. The report indicates
goldenfox [79]

Answer:

a) 22.663%

b) 44%

c) 38.3%

Explanation:

An office manager has received a report from a consultant that includes a section on equipment replacement. The report indicates that scanners have a service life that is normally distributed with a mean of 41 months and a standard deviation of 4 months. On the basis of this information, determine the percentage of scanners that can be expected to fail in the following time periods:

We solve the above question using z score formula

z = (x-μ)/σ, where

x is the raw score

μ is the population mean = 41 months

σ is the population standard deviation = 4 months

a. Before 38 months of service

Before in z score score means less than 38 months

Hence,

z = 38 - 41/4

z = -0.75

Probability value from Z-Table:

P(x<38) = 0.22663

Converting to percentage = 0.22663 × 100

= 22.663%

b. Between 40 and 45 months of service

For x = 40 months

z = 40 - 41/4

z = -0.2

Probability value from Z-Table:

P(x = 40) = 0.40129

For x = 45

z = 45 - 41/4

z = 1

Probability value from Z-Table:

P(x = 45) = 0.84134

Between 40 and 45 months of service

= 0.84134 - 0.40129

= 0.44005

Converting to Percentage

= 0.44005 × 100

= 44.005%

= 44%

c. Within ± 2 months of the mean life

+ 2 months = 41 months + 2 months

= 43 months

- 2 months = 41 months - 2 months

= 39 months

For x = 43

z = 43 - 41 /4

z = 0.5

P-value from Z-Table:

P(x = 43) = 0.69146

For x = 39

z = 39 - 41/4

z = -2/4

z = -0.5

Probability value from Z-Table:

P(x = 39) = 0.30854

Within ± 2 months of the mean life

= 0.69146 - 0.30854

= 0.38292

= 38.3%

5 0
3 years ago
Jean-Baptiste Say thought that entrepreneurs should be considered a fourth factor of production. Do you agree or not? Explain yo
Ivan

Answer: i do agree

Explanation: they are a factor because they help the economy in the same ways as the other factors of production

8 0
3 years ago
Managerial accounting is governed by generally accepted accounting principles (gaap). a. true b. false
diamong [38]

This is a False Statement.

Generally Accepted Accounting Principles (GAAP) need not be followed by managerial accountants when preparing management reports.

Specifically, management accounting aims to

  • provide Information for internal Organisation managers
  • providing details to governmental regulating bodies
  • Information for shareholders, the accounts payable department, and other parties outside the company
  • information to shareholders, accounts payables, and other parties outside the company, as well as information to management inside the firm.

To Learn more about Management Accounting, Click the links.

brainly.com/question/21597572

brainly.com/question/18414655

#SPJ4

3 0
2 years ago
Identify and explain the four primary types of taxes that businesses pay
DENIUS [597]

Answer

Hi,

They are; income tax, self-employment tax, employment tax and Excise tax

Explanation

All businesses are expected to file income tax return on yearly basis. Some pay taxes as they earn the income. The self-employment tax is imposed to contribute to social security and health care cover for a person who works for him or herself. Employment taxes are a mandatory to employers who are required to pay it to cover social security and healthcare taxes and federal unemployment tax for the workers. Some businesses are levied excise tax depending on the goods sold or manufactured, the type of business operation and the type of equipment and products used.

Best wishes!

3 0
4 years ago
Mutual funds offer small investors an opportunity to diversify their investments.
Firdavs [7]
A. True the answer is not false
3 0
4 years ago
Read 2 more answers
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