Answer: There are several ways in which we can determine our marketing budget. Some of these are given below:
<u><em>1. Percentage of revenues:</em></u>
Under this method we usually take a fixed percentage of our revenues and further allocating this amount for marketing. We will choose the percentage that works best for us.
<u><em>2. Percentage of net sales:</em></u>
This method determines our marketing budget as a fraction of our net sales. This method will take a lot of trial and error to find the percentage that works well for our company.
<u><em>3. Industry specific:</em></u>
Nowadays, industries have specific projections as to the amount they will need to spend on marketing . The best way to get these numbers is to find a firm that represents our industry and ask them to provide us with averages. We can then refine the actual costs.
<em><u>4. Objective/task oriented
</u></em>
This is model that works by setting out goals, planning out the tasks and then estimating the cost for all of these tasks. It works greatly for firms who have a immense knowledge about measurements and information of their business processes.
<u>Supplementary:</u> 1 and 2 & 3 and 4
Supplementary angles: A pair of angles whose sum is equal to 180°.
<u />
<u>Vertical:</u> 1 and 3 & 2 and 4
Vertical angles: A pair of opposite angles that are made by two intersecting lines.
<u>Complimentary:</u> None
Complimentary angles: A pair of angles whose sum is equal to 90°.
Hope this helps! :D
Hi,
The greatest common multiple of 9 and 27 is 9
<em>explanations</em><em>:</em>
9 x 1 = 9
9 x 3 = 27
✅;-)
