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mel-nik [20]
3 years ago
14

Advertising is important for most companies, especially companies such as P&G that sells mostly to end customers. But, most

people already know about P&G products such as Charmin bathroom tissue and moist towelettes, Crest toothpaste, and so on. Does P&G really need to constantly put money into advertising when its products already have a strong hold in the global marketplace?
Business
1 answer:
kari74 [83]3 years ago
5 0

Explanation:

All for-profit companies have a marketing strategy.

P&G is a business to consumer (B2C) company, so no matter how much you sell your products to large retailers, the end user will always be an individual whose needs may change and the company must be mindful that their products comply with user requirements.

P&G can establish marketing actions through retailers for which it sells, with in-store display advertising models. You can also use customer interaction to get fundamental feedback so that the company guides its pricing strategy and new product development.

So even with established market products, relationship marketing is a key strategy for large corporations that want to build customer loyalty and achieve market leadership.

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Milano Gallery purchases the copyright on an oil painting for $300,000 on January 1, 2017. The copyright legally protects its ow
murzikaleks [220]

Answer and Explanation:

According to the situation, the solution of journal entries are as follows

1. Copyright Dr $300,000

             To Cash $300,000

(being the purchase of copyright is recorded)

Here, we debited the copyright as it increased the assets and credited the cash as it decreased the assets

2. Amortization expense Dr ($300,000 ÷ 12 years) $25,000

             To Accumulated amortization $25,000

(being the annual amortization is recorded)

Here we debited the amortization expense as it increased the expenses and credited the accumulated amortization as it decreased the assets

5 0
3 years ago
Match each Act to its purpose.
Marta_Voda [28]

Credit CARD Act

↓

Protects consumers from unfair credit card billing practices.

Patriot Act

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Prevents, detects, and prosecutes international money laundering

Identity Theft and Assumption Deterrence Act

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Criminalizes identity theft

Dodd-Frank Act

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Educates consumers so that they can protect themselves from unfair practices.

4 0
3 years ago
When examining whether a company has underrecorded accounts payable, each of the following ratios is helpful except:
lisabon 2012 [21]
The answer trot his I d
8 0
3 years ago
All of the following are aspects of macroeconomics EXCEPT: a. Foreign trade. b. The production decisions of a pharmaceutical fir
mixas84 [53]

Answer:

b. The production decisions of a pharmaceutical firm

Explanation:

The production decisions of a pharmaceutical firm is an aspect of microeconomics.

Macroeconomics is a branch of economics that studies the economy

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I hope my answer helps you

3 0
3 years ago
The dedcution SIPOC is an output
Valentin [98]

Answer:

In process improvement, a SIPOC (sometimes COPIS) is a tool that summarizes the inputs and outputs of one or more processes in table form. It is used to define a business process from beginning to end before work begins.

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