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3 years ago

Gavin is a salesperson for an advertising company. He sells ads to customers directly.

Business

1 answer:

wariber [46]3 years ago

6 0

Answer:

Personal selling.

Explanation:

Promotion is a method of informing and persuading customer to buy product or service or idea. Every company in the market use some or other promotional strategy to penetrate in the market. Corporate have different needs or objective of promotion, like creating awareness, spreading information, increasing sales, increase market share, retaining loyal customer, etc. There are different method of promotion also been used by corporates to achieve their objective according to the budget, time and place of promotion. There are few promotion method used by corporate are: Advertising, sales promotion, personal selling, e-commerce, public relation, and social media.

Personal selling: It is a part of promotional mix, where salesperson sell the product or service to their target customer directly by meeting them personally.

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According to the "marketing rules" we discussed in class, if you cannot be first in a product category, Group of answer choices

ozzi

Answer:

B) change your promotional campaign

Explanation:

A company should advertise that it is the no.1 selling product X in the market

8 0

3 years ago

PQR Corporation has a Beta of 1.5. The risk-free rate is 6%, and the market risk premium is 9%. What is the required rate of ret

shusha [124]

Answer:

1. Using CAPM, the required return is;

Required return = risk free rate + beta * market risk premium

= 6% + 1.5 * 9%

= 19.5%

2. First find the portfolio beta which is a weighted average of the individual betas;

= (60% * 2.4) + (40% * 0.9)

= 1.8

Now use CAPM

= risk free rate + beta * (Market return - risk free rate)

= 4% + 1.8 * (13% - 4%)

= 20.2%

3.Geometric average can be calculated by;

=( ((1 + r1) * (1 + r2) * (1 + r3)) ^1/n) - 1

= (((1 + 6%) * (1 + 10%) * (1 - 6%)) ^ 1/3) - 1

= ‭(1.09604‬^1/3) - 1

= 3.1%

6 0

3 years ago

The General Chemical Company uses 150,000 gallons of hydrochloric acid per month. The cost of carrying the chemical in inventory

galina1969 [7]

Answer:

ROQ will be 32863 gallons

So option (a) will be the correct answer

Explanation:

We have given that company uses 150000 gallons of hydrochloric acid per month

Ordering cost = $150

And the holding cost = $0.5

We know that 1 year = 12 month

So annual demand = 12 ×150000 = 1800000

We have to fond the economic order quantity EOQ

We know that EOQ is give by

$EOQ=\frac{2\times annual\ demand\ \times ordering\ cost}{holding\ cost}=\frac{2\times 1800000\times 150}{0.5}=32863.35=3286gallons$

So option (a) will be correct answer

8 0

4 years ago

1. What industry forces might cause a propitious niche to disappear?

kicyunya [14]

If the market contracts, due to internal or external factors, then the demand for the goods and services that the firm sells will fall and thus, a propitious niche will disappear. and, if the market expands, and the company fails to meet the increased demand, then also the propitious niche will vanish.

3 0

2 years ago

Colah Company purchased $2,400,000 of Jackson, Inc., 6% bonds at their face amount on July 1, 2021, with interest paid semi-annu

m_a_m_a [10]

Answer:

Dr bonds investment $2,400,000

Cr cash $2,400,000

Dr cash $ 72,000.00

Cr interest revenue $72,000.00

Dr fair value adjustment $ 340,000.00

Cr unrealized gains $340,000.00

2022:

Dr cash $ 72,000.00

Cr interest revenue $72,000.00

Dr realized loss($2,160,000-$2,400,000) $240,000

Cr fair value adjustment $240,000

sale of bonds:

Dr cash $2,160,000

Dr realized loss $240,000

Cr bonds investment $2,400,000

Explanation:

Upon purchase of investment,the bond investments is debited with $2.4 million and cash credited with same amount

Interest revenue for last half year=$2,400,000*6%*6/12=$72,000.00

unrealized gains=$2,740,000-$2,400,000=$340,000.00

Interest for first half of 20222=$2,400,000*6%*6/12=$72,000.00

7 0

3 years ago