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ella [17]
3 years ago
14

A primary function of the promotional mix is to Multiple Choice explain how to use a product. persuade consumers to try a produc

t. inform customers of complementary offerings. inform customers of pricing changes. point out flaws in competitors' products.
Business
1 answer:
fgiga [73]3 years ago
4 0

Answer: persuade consumers to try a product.

Explanation:

The Promotional Mix has to do with the promotional tools which are used by a company in order to create, and increase the demand for the goods and services offered by the company.

The Promotional Mix integrates promotional tools like direct marketing, personal selling, Advertising, Sales Promotion, etc

The promotional mix is useful in informing the prospective buyers about the importance of a good or service and also convince them to try it and the benefits attached to the product.

You might be interested in
Economists argue that:_______.
lawyer [7]

Answer:

d. ​every decision has an opportunity cost.

Explanation:

Opportunity cost is the next best option forgone when one alternative is chosen over other alternatives.

Accounting cost only includes explicit cost.

Economic cost includes both implicit and explicit Cost.

economic decisions dont include sunk costs. 

I hope my answer helps you

4 0
4 years ago
The management of McCord Corp. makes an announcement that the top three employees of the firm will be rewarded with expensive gi
Nadya [2.5K]

Answer: Expectancy Theory

Explanation: Expectancy theory formulates that a person will conduct oneself in a specific manner as he or she is motivated to choose a particular behavior over others because of what they regard the outcome of the behavior that is selected as likely to be.

Here, the management of McCloud Corp utilizes the expectancy theory to make the workers develop the quality of their work and put in extra effort to the work . However, this theory is aimed at giving rewards to workers who earned them and also chose to get rewarded as they are chosen by their performance. The inspiration for the behavior preference is deduced by how appealing the result is.

5 0
4 years ago
The number of taxicabs in Motorville and the taxicab fares are regulated. The fare currently charged is Rs.500 a ride. Motorvill
larisa86 [58]

Answer:

The answer is below

Explanation:

i) The price elasticity of demand is given by the formula:

Price \ elasticity\ of \ demand=\frac{\Delta Q}{\Delta P} =\frac{\frac{Q_2-Q_1}{(Q_2+Q_1)/2} }{\frac{P_2-P_1}{(P_2+P_1)/2} } \\\\Price \ elasticity\ of \ demand=\frac{\frac{40-80}{(40+80)/2} }{\frac{600-500}{(600+500)/2} }=\frac{-2/3}{2/11} =3.667 (ignore \ the\ sign)

Since the price elasticity of demand is greater than 1 hence it is elastic

ii) Since the price elasticity of demand is elastic as a result of increase in fare, hence the total revenue would decrease.

iii)

Price \ elasticity\ of \ demand=\frac{\Delta Q}{\Delta P} =\frac{\frac{Q_2-Q_1}{(Q_2+Q_1)/2} }{\frac{P_2-P_1}{(P_2+P_1)/2} } \\\\Price \ elasticity\ of \ demand=\frac{\frac{120-80}{(120+80)/2} }{\frac{400-500}{(400+500)/2} }=\frac{0.4}{-2/9} =1.8 (ignore \ the\ sign)

Since the price elasticity of demand is greater than 1 hence it is elastic

4 0
4 years ago
The arguments for restricting trade
katen-ka-za [31]

Answer: (A) Unfair competition argument

Explanation:

  The unfair competition argument is one of the type of common argument that helps in applying while taking various types of unfair decisions in an organization.

It is one of the intellectual branch that basically substitute the competitor's products and the items in the market by using the deceiving techniques or methods.

According to the given question, Lobbyist is basically using the various types of Unfair competition arguments for the purpose of argue for the trading restriction on the steel rods as the foreign producers are using their unfair benefits over the domestic manufactures.      

Therefore, Option (A) is correct answer.

6 0
3 years ago
Read 2 more answers
Using the high-low method, what is the variable cost? $2 per direct labor-hour $2.31 per direct labor-hour $.30 per direct labor
d1i1m1o1n [39]

Answer:

$0.30 per direct labor-hour

Explanation:

The computation of the variable cost per direct labor is shown below:

Variable cost per direct  hour = (High maintenance cost incurred - low maintenance cost incurred) ÷ (High direct labor hours - low direct labor hours)

= ($4,000 - $1,900) ÷ (9,000 hours - 2,000 hours)

= $2,100 ÷ 7,000 hours

= $0.30 per direct labor-hour

3 0
3 years ago
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