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svlad2 [7]
2 years ago
15

Sales promotion is the promotional tool that stimulates consumer purchasing and dealer interest by means of short-term activitie

s.
a. True
b. False
Business
1 answer:
Harman [31]2 years ago
4 0

Answer:

a. True

Explanation:

Sales promotion is the marketing strategy in which the product is being promoted via using short term & attractive initiatives in order to stimulate the demand so that the sales could be increased. It could be used for introducing a new product in the market, selling out the existing inventory, for attracting more customers, etc

Therefore as per the given statement, the option a is correct

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Suppose that the market for haircuts in a community is perfectly competitive and that the market is initially in long-run equili
Sonja [21]
D is the correct Answer bro
7 0
3 years ago
why should social media managers begin the budgeting process for their social marketing program well before final budget numbers
mylen [45]

Social media managers ought to begin the budgeting process for their social marketing program well before final budget numbers are settled because: they must collect all relevant data to enable them make a plausible case for how the numbers will be expended and the return or marketing investment.

<h3>Who is a social media manager?</h3>

A social media manager is a person who manages an aspect of marketing for a company that is related to the use of social media to reach the target audience.

It is crucial to note that budgeting is a very crucial aspect of social media marketing.

Learn more about social media marketing at;
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#SPJ12

6 0
1 year ago
Assume you are in the 28 percent tax bracket and purchase a 3.50 percent municipal bond. calculate the taxable equivalent yield
Sholpan [36]
<span>The taxable equivalent yield % is .98. You get this answer by converting 3.50 into decimal % form, which is .0350. You then take that number times 28 and come with .98. That gives you the answer of having a 98% taxable equivalent yield %.</span>
7 0
2 years ago
Pottery Ranch Inc. has been manufacturing its own finials for its curtain rods. The company is currently operating at 100% of ca
Bezzdna [24]

Answer:

For now, it is better to keep producing in house. If demand increases, Pottery Ranch must outsource some of the production.

Explanation:

Giving the following information:

The variable manufacturing overhead is charged to production at a rate of 63% of direct labor cost. The direct materials and direct labor cost per unit to make a pair of finials are $3.51 and $4.73, respectively. Normal production is 28,300 curtain rods per year.

A supplier offers to make a pair of finials for $13.20 per unit.

Fixed costs are a sunk cost, therefore it is not taken into account.

Make in house:

Unitary cost= 3.51 + 4.73 + (4.73*0.63)= $11,22

Outsource:

Unitary cost= 13.20

For now, it is better to keep producing in house. If demand increases, Pottery Ranch must outsource some of the production.

7 0
2 years ago
A Treasury bill with 113 days to maturity is quoted at 98.630. What are the bank discount yield, the bond equivalent yield, and
yan [13]

Answer:

The bank discount yield is 4.36%

The bond equivalent yield is 4.49%

The effective annual return is 4.56%

Explanation:

In order to calculate the bank discount yield we would have to make the following calculation:

bank discount yield=(Face Value-Purchae price)/Face Value)*(360/days)

bank discount yield=($100-98.630)/$100)*360/113

bank discount yield=4.36%

The bank discount yield is 4.36%

In order to calculate the bond equivalent yield we would have to make the following calculation:

the bond equivalent yield=(Face Value-Purchase price)/Purchase price)*(365/days)

the bond equivalent yield=($100-98.630)/$98.630)*365/113

the bond equivalent yield=4.49%

The bond equivalent yield is 4.49%

In order to calculate the effective annual return we would have to make the following calculation:

effective annual return=1+(Face Value-Purchase price)/Purchase price)∧(365/days)-1

effective annual return=1+($100-98.630)/$98.630)∧365/113-1

effective annual return=4.56%

The effective annual return is 4.56%

7 0
3 years ago
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