Marketing and advertising strategies seek to impact the largest number of subjects with the lowest amount of cost, thus maximizing profits by expanding the customer base, for this purpose various strategies are developed, including referral plans, which they consist of converting the current customers of our product into advertising agents of this product, seeking to convince them to receive recommendations from potential customers or that they themselves refer our product or service to one of their relatives, all in exchange for some kind of bonus or incentive, with which it is possible to impact in multiple social circles with a much lower cost than a media advertising campaign
Answer
This is a marketing strategy called referral plan
Answer:
If nothing changes except that producers sell more of a good or service when the price increases, we know this is an example of the law of SUPPLY
Explanation:
The law of supply is simply termed as when there is an increase in quantity of goods also results into an increase in the price although every other factors must remain the same
Answer:
b. Storing
Explanation:
Based on the information being provided in regards to Kendra's situation in running her candy store, it seems that Kendra is adding value by storing inventory. This is the case because customers do not want to purchase large quantities but instead want to purchase single candy cases at a time. Which Kendra is providing that to her customers as well as always having stock available to sell. Thus increasing the value that the customers are getting from Kendra's store.
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Answer:
D. Review your notes and clarify is the correct answer.
Explanation:
Answer:
The correct option is B
Explanation:
In this question, we are asked to calculate the cash payment to suppliers total.
To calculate this, we employ a mathematical approach.
Mathematically;
Cash Payment to supplier
= cost of goods sold - decrease in inventory +decrease in account payable
From the question, we identify;
Cost of goods sold = $183,000
Decrease in inventory =$8,000
Decrease in account payable =$4,000
Plugging these values in the equation, we have;
Cash payment to supplier = 183000 - 8000+4000
= $ 179000