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Varvara68 [4.7K]
3 years ago
10

Albert Searchware is a type of search engine used at company websites to handle customer questions. The firm is trying to determ

ine what promotional strategy should be employed with its flagship product. It has determined that search engine software is in the growth stage of its product life cycle. Which of the following options should it employ? (A) Devote 40 percent of the promotional budget to sales promotion that supply the public with demonstration CDs to prove the merits of Albert Searchware.(B) Spend 30 percent of the budget in the effort to generate publicity for Albert Searchware.(C) Use the majority of its promotional budget on advertising that focuses on brand differences.(D) Use a balanced budget and spend equally for each of the four promotional choices in an attempt to even out sales growth.(E) Encourage its tech support staff to emphasize the superiority of Albert Searchware and its after-sale support.
Business
1 answer:
SpyIntel [72]3 years ago
8 0

Answer:

The correct option that should be employed by the company is C) .

Explanation:

Company has identified that its search engine  ( Albert searchware ) is in the growth stage ( which is the second stage in product life cycle ) of its product life cycle , which means here the promotional objective of the growth stage of product life cycle for the company is to persuade its consumers and often direct marketing is the best promotional element that a company can choose, and so the option C is the one that comes closet to this idea.

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The act of providing a loan by the banker to the borrower amounting to $800 after setting aside the reserve amount of $200 contributes to the increase of the money supply by $800.

<h3>What is the money supply?</h3>

The money supply is the amount that a public held at a point in time including currency notes, coins, and the bank account balances.

When the banker is giving the loan to the borrower at $800 then it infuses the money into the economy as this amount is further given as a loan by another bank to another borrower. This whole cycle goes on to continue till the amount reaches zero.

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