Money serves three functions in the economy: medium of exchange, unit of account, and store of value.

stimulating demand. creating awareness. identifying prospects. combating competitive promotional efforts. retaining loyal custom

KonstantinChe [14]

competitive promotional efforts. retaining loyal customers.

<h3>What is promotional efforts?</h3>

Any effort made by a company to communicate with potential customers is considered a promotional activity. Promotional activities serve two primary functions. These are intended to: Customers should be informed about your store's products, prices, and services. Persuade customers to buy your products.

The most common type of marketing is product and service promotion. Advertising - You can advertise your product, service, or brand in newspapers, radio, television, magazines, outdoor signage, and online.

Promotional materials, events, or ideas are intended to increase product or service sales.

The most important function of a promotion is to distinguish a company from its competitors. If there was no competition, no business would ever need to run promotions.

To know more about promotional efforts follow the link:

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6 0

2 years ago

Addison company will issue a zero-coupon bond this coming month. The projected yield for the bond is 7%. If the par value of the

horsena [70]

Answer:

If the bond is zero coupon then there only be one lump sum payment at the end of the bond period and we will have to discount is back using the yield of the bond to find its present value or price. Because the convention is semi annual we will divide interest by 2 to find the semi annual interest rate and to number of periods we will multiply years by 2 because of semi annual convention.

Yield= 7/2= 3.5%

a. the maturity is 20 years

We have to discount 1,000 20 years back which means 40 periods back as 20*2= 40

1,000/1.035^40=252.5725

The present value of a zero coupon $1000 bond will be $252.5725 when the yield is 7% and maturity is 20 years.

b. the maturity is 30 years

We have to discount 1,000 30 years back which means 60 periods back as 30*2= 60

1000/1.035^60=126.93

The present value of a zero coupon $1000 bond will be 126.93 when the yield is 7% and maturity is 30 years.

c. the maturity is 50 years

We have to discount 1,000 50 years back which means 100 periods back as 50*2= 100

1000/1.035^100= 32.06

The present value of a zero coupon $1000 bond will be $32.06 when the yield is 7% and maturity is 50 years.

d. the maturity is 100 years

We have to discount 1,000 100 years back which means 200 periods back as 50*2= 200

1000/1.035^200= 1.02

The present value of a zero coupon $1000 bond will be $1.02 when the yield is 7% and maturity is 100 years.

Explanation:

3 0

3 years ago

In todayâs workplace, teams are a vital force, and the majority of business professionals must collaborate on the job. The trend

Sphinxa [80]

Answer:

c) response more quickly

Explanation:

Teamwork refers to working in collaboration towards attainment of a common goal. Teamwork leads to synergistic gains as the collective group work exceeds the work carried out individually.

Following points highlight the importance of team work in an organization:

Promotes problem solving skills: Working in a team helps individual develop problem solving skills.
Improved coordination and communication: Teamwork leads to better familiarity and thus improves coordination.
Increased efficiency and quicker responses: Teamwork leads to synergistic gains as collective effort exceeds individual effort and also expeditious performance.
Promotes learning: One to many interactions among team members promotes learning
Builds a sense of belonging: Since all team members are united by one common goal, teamwork builds a sense of belonging w.r.t organization.

5 0

3 years ago

Last year mike bought 100 shares of dallas corporation common stock for $53 per share. during the year he received dividends of

Ronch [10]

Last year mike bought 100 shares of Dallas corporation common stock for = $53 per share
he received this year dividends of = $1.45 per share
stock is currently selling for = $60 per share
rate of return = ?
capital yield %= (60 - 53 / 53) x 100 = 0.132 x 100 = 13.2%
dividend yield % = (1.45 / 53) x 100 = 0.0273 x 100 = 2.73%
Total yield or rate of return will be = 13.2 + 2.73 = 15.94 %

7 0

3 years ago

The price of coffee rose sharply last month, while the quantity sold remained the same. five people suggest various explanations

Virty [35]

<span>The price of coffee rose sharply last month, while the quantity sold remained the same can be a result of several situations and therefor there are several explanations that are possible:
</span><span>Demand increased, but supply was perfectly inelastic.
</span><span>Demand increased, but supply decreased at the same time.
</span>Supply decreased, but demand was perfectly inelastic.

5 0

4 years ago

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