Promotion is an element of the marketing mix where most of a company's communications with the market and potential consumers take place.
<h3 /><h3>What is the Marketing Mix?</h3>
It is a set of factors that combined will help a company to implement strategies that will increase its competitiveness and positioning in the market. The four factors, or the 4Ps are:
- Product
- Price
- Place
- Promotion
Therefore, promotion is the element through which the company will attract customers through communication in order to make sales and increase brand recognition.
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Answer:
Instructions are listed below.
Explanation:
Giving the following information:
The members want to set up a perpetual fund to provide $100,000 for future replantings every 10 years. The interest rate is 5%.
I will assume that the money is deposited as a lump sum:
FV= PV* (1 + i)^n
PV= FV/ (1+i)^10
PV= 100,000 / 1.05^10= $61,391.33
Now, if n is 100 years:
PV= 100,000/ 1.05^100= $760.45
Answer:
$80
Explanation:
Permanent earnings are regular or constant earning, which can be expected to continue in the future. It is income earned from everyday business transactions. Permanent earnings contrast transitory earning.
Transitory are non- recurring earnings. It is not definite that they will continue in the future.
For this company, transitory transactions will be gain on the sale of land at $30,000
Permanent earnings will be sales revenues minus expenses
=$860,000 -$250,000-$10,000- $520,000
=$860,000- $780
=$80
Answer:
The correct answer is $30 billions.
Explanation:
The checkable deposits are given as $140 billions.
The total reserves are $51 billions.
The required reserve rate is 30%.
The required reserves will be
=30% of $140 billions
=
=$42 billions
The excess reserves will be
=total reserves-required reserves
=$51-$42
=$9 billions
Maximum expansion by lending will be
=
=
=$30 billions
So, the money supply can be expanded by a maximum amount of $30 billions.
