Richard has recently finished college and is about to prepare for his exam to

Without doubt, the recommendation promotional budgeting technique is the objective and task approach. et, there is one major pro

stiks02 [169]

Answer: difficulty of accurately assessing the advertising costs necessary to accomplish the goals

Explanation: Objective and Task control method; objective task control method is a system used by companies to allocates certain amount of money to to be used for it's marketing budget based on some objectives, rather than choosing a random amount or deciding it's marketing budget based on sales revenues or projections alone. This means advertising budget is based on set objectives. The challenge faced is their inability to correctly determine the cost necessary to accomplish the set objectives or goals.

6 0

3 years ago

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A bicycle repair company conducted segmentation research and then targeted their direct mail coupons for a first bike tune-up to

Kamila [148]

Answer:

Who am I trying to reach?

Explanation:

Targeting and segmentation is the process by which a company focuses marketing activities regarding a particular product to a defined customer profile.

Certain criteria like income, age, location, culture and so on can be used as a basis for segmentation.

Basically the question that segmentation and targeting answers is - Who am I trying to reach?

In the given scenario the bicycle repair company conducted segmentation research and then targeted their direct mail coupons for a first bike tune-up to that identified customer segment.

So they answered who they want to sell to.

8 0

3 years ago

2: Which of the following is taken into account when assessing the official poverty level?

nataly862011 [7]

Usually cash income, or letter C, is

8 0

3 years ago

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Among the most effective ways to increase sales of an online service is to offer some form of free trial for users to experiment

Basile [38]

Answer:

Option D

Explanation:

When providing an online service, a company firstly targets to reach the maximum audience. With the increase in reach of audience the chances and feasibility of sales also increases.

But, still there are many customers who desire to have a free trial of service, in order to ensure themselves about the quality and detailed description of service.

In case company agrees to provide free trial, those customers are also satisfied and tend to avail the online service.

Thus, although the sales is directly proportional to the number of visitors, but it would definitely increase by providing the free trial of online service, as ensures more satisfaction in customers.

Final Answer

Option D

7 0

2 years ago

A company has revenues of $100 during Year 1. Each year their profit is 20% of revenue. Revenue is growing 15% per year. How muc

oksian1 [2.3K]

Answer:

$406.07

Explanation:

Revenue for year 1 = $100

Profit = 20%

Growth rate of revenue, = 15% per year = 0.15

Now,

year 1 is the base year thus, take it as n = 0

Revenue for the year = $100 × ( 1 + r )ⁿ

Profit = 20% of [$100 × ( 1 + r )ⁿ]

Year n Revenue Profit

1 0 $100( 1 + r )⁰ $20

2 1 $100( 1 + r )¹ $23

3 2 $100( 1 + r )² $26.45

4 3 $100( 1 + r )³ $30.4175

5 4 $100( 1 + r )⁴ $34.98

6 5 $100( 1 + r )⁵ $40.227

7 6 $100( 1 + r )⁶ $46.261

8 7 $100( 1 + r )⁷ $53.2004

9 8 $100( 1 + r )⁸ $61.1804

10 9 $100( 1 + r )⁹ $70.357

Hence,

Total profit for the year 1 - 10 = $406.07

5 0

2 years ago