When you buy a U.S. government savings bond, you're doing so under the power given to Congress to "<span>b. regulate commerce." Regulating commerce will help you be able to understand the flow and process of the country's economy at the same time your business' security.</span>
Answer:
(c)Terry should report profit from his business of $250,000
Explanation:
Before computing the actual solution, first, we have to compute the net income of both the parties
For Terry = Gross revenue - employees salaries - rent and utility expenses
= $500,000 - $200,000 - $50,000
= $250,000
For Jim = Gross revenue - cost of goods sold
= $500,000 - $125,000
= $375,000
The other item values would not relevant for deduction. Hence, ignored it
Therefore, option c is correct.
Ryan is debating how to allocate the IMC budget for his new ski equipment store. He knows having knowledgeable salespeople in his store can simplify buyers' purchase decisions. He should also consider that, compared to other IMC alternatives, personal selling is
A) ineffective.
B) overrated.
c) easy.
D) simple.
E) expensive.
Answer:
A) ineffective
Explanation:
Personal selling has to do with marketing that is done by a salesman from the sale of a product/service from the manufacturer to the consumer.
The seller or salesman tries to promote his product through their attitude, appearance, manners and expert knowledge, They try to encourage the customer to buy the product, or at the very least, try the product.
IMC means Integrated Marketing Communications which makes sure that all forms of communications and messages regarding marketing and sales are carefully linked together.
Compared to IMC alternatives, personal selling is ineffective.
Yes/true/correct/not false
Introduction Stage of the product life cycle will promotional expenditures be significantly high in an attempt to create consumer awareness of a product and its features.
Explanation:
We buy millions of goods every year as customers. And these goods have a life cycle just as we do.
The process of life of the product has 4 stages, each of which has specific characteristics, which mean different for the organisation trying to handle the life cycle of its individual products.
Introduction Stage : This stage of the cycle could make the company announcing a new product the most expensive. The item's market size is too small, which means that sales are weak, but they will be rise.
Growth Stage: The growth phase usually features a significant increase in sales and earnings, which will boost the gross margin as well as the general profit ratio as the enterprise will continue to benefit from economy of scale in manufacturing.
Maturity Stage: The product will now be developed during the maturity stage, and the manufacturer's goal will now be to maintain their market share.
Decline Stage: Ultimately, a commodity demand may continue to decrease, and this is known as the period of decrease.
