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3 years ago

Why do you think most companies make use of celebrities in their marketing promotional activities?

Business

2 answers:

Amanda [17]3 years ago

7 0

Answer:

Celeberties get a lot of attension, companies want attension to sell the goods or serveicef they see a celebirty they feel safe in buying their things.

Explanation:

Lemur [1.5K]3 years ago

6 0

Answer:

Celebrity endorsement builds credibility and can expose a brand to new markets, The celebrity effect is ability of famous people to influence other companies. Companiesn can use that star power and influence to boost their own products and services, celebrities can add credibility and glamour to a brand

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Tech Surge applies research into physics and biochemistry to create advanced surgical instruments and implants. Its research dep

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Answer:

The future vice president needs to have not just one ability, but many. He should be a team player and a liaison that can combine the researchers' work and the company's strategic goals. He must also be a person that can tolerate failure, and instead of reproaching unsuccessful efforts, must be able to motivate his staff to keep trying.

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3 years ago

A local pizzeria sells 500 large pepperoni pizzas per week at a price of $20 each. Suppose the owner of the pizzeria tells you t

Zigmanuir [339]

Let
z----------------- > Price Elasticity
x----------------- > % Change in Quantity
y----------------- > % Change in Price

we Know that

Price Elasticity = (% Change in Quantity) / (% Change in Price)----> z=x/y

z=-2
y=-10%
x= ?
z=x/y---------------- > x=z*y=(-2)*(-10)=20 %
% Change in Quantity=20%
Part A) how many pizzas will he sell if he cuts his price by 10%?
He will sell (500 +20 %)----------> 500*1.2=600 pizzas per week

the answer part A is 600 pizzas per week

Part B) how will his revenue be affected?
initial revenue per week
500 pizzas*$20 =$10000

final revenue per week
(500 pizzas+20%) *($20-10%)=600 pizzas*$18=$10800
$10800-$10000=$800

the answer part B is
His revenue will increase $800 per week

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2 years ago

the financial meltdown of 2008 was in part due to , demonstrating the dangers of relying too heavily on the quantitative techniq

Aleks [24]

The financial meltdown of 2008 was in part due to quants demonstrating the dangers of relying too heavily on the quantitative techniques of scientific management.

<h3>How did the financial meltdown of 2008 happen?</h3>

There were several reasons for the financial meltdown that the United States saw in 2008 and one of them was the overreliance on Quants.

Quants were quantitative models that were used to decide on the financial assets to invest in. They failed to predict the risks associated with Mortgage Backed Securities and this contributed in part to the meltdown.

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1 year ago

Why does welsh imply that the authenticity of the dance is brought into question because of global sharing?

Margaret [11]

Irvine Welsh (born 27 September 1958) is a Scottish novelist, playwright and short story writer. His 1993 novel Trainspotting was made into a film of the same name. , Welsh says dance, music and its surrounding culture remain a major influence on his work.That is why he imply that the authenticity of the dance is brought into question because of global sharing?

When dance forms become globalized, the question of whether or not the style can maintain its authenticity is raised. This, in turn, raises the question of what it means to be culturally authentic in the first place, as well as whether or not a style of dance can truly be possessed by a person or people.

Dance is a deeply personal art form, steeped in traditions, emotions, and experiences. Authenticity is what keeps dance alive.

It's clear that authenticity is one of the most important values in our society - but it means different things to different people.For dancers, authenticity isn't just some word to be tossed around.

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1 year ago

5-7 Short Run versus Long Run A firm sells 1,000 units per week. It charges $70 per unit, the average variable costs are $25, an

irina1246 [14]

a. The firm should carry out the activities.

b.The firm should carry out activities until it is covering the cost.

c. The firm should shut down business activities when the price of the product goes below $25 in short-run.

d. The firm should shut down business activities when the price of the product goes below $65 in long-run.

Further Explanation:

Steps taken by the firm in the long run:

The sales price of the product is $70. The total average cost of the product is $65. The firm can cover all its costs (variable and fixed) and generating a profit of $5. So it should continue to carry out its business operations in the short run.

Steps taken by the firm in the long run:

In the long run, all the costs of the firm are variable. In the current case, the fixed cost is around 60% of the total cost. So the firm should attempt to decrease this cost. If the firm can decrease the total cost, it should carry out the business activities. The firm can continue to carry out the operational activities until it is making the profit and covering all the product cost.

The appropriate price for shutting down the business in the short-run:

The firm can shut down the business in the short-run when the price of the product is below $25.

In the short run, the firm can only control the variable cost. The firm can not control the fixed cost of the product. In the given case, the variable cost of the product is $25. Therefore, the firm should shut down the business when the price of the product goes below the variable cost ($25).

The appropriate price for shutting down the business in the long-run:

The firm can shut down the business in the long-run when the price of the product is below $65.

In the long run, the firm can influence all the costs of the business. It can influence the variable cost and the fixed cost of the business. Therefore, it should cover the total cost of the product. Thus, the firm should shut down the business when the price of the product goes below the total cost ($65).

Learn more:

1. Learn more about the variable costing

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2. Learn more about the overhead expenses

brainly.com/question/4612804

3. Learn more about the cost of the product

brainly.com/question/1757741

Answer details:

Grade: Senior School

Subject: Economics

Chapter: Decision making (Short-run & Long-run)

Keywords: Short Run, Long Run, sells, units, week, charges, average variable costs, average costs, long run, Why, price, consider, shutting down the long run.

6 0

3 years ago

Why do you think most companies make use of celebrities in their marketing promotional activities?​

Why do you think most companies make use of celebrities in their marketing promotional activities?