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sleet_krkn [62]
2 years ago
10

In what sense is test marketing a special type of experiment? What are its main objectives?

Business
1 answer:
s344n2d4d5 [400]2 years ago
5 0
The objective of test marketing is to find the limitations and strengths of the product based on customers' reactions. It also helps us to structure the marketing strategy of that product. A test marketing campaign aims to predict the revenue model (sales, profit, pricing).
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Refer to Pure Training, Inc. If clients (the business owners) were asking for workshops to allow their customers to listen to au
Alexandra [31]

Answer:  Podcast

Explanation: In simple words, podcast refers to a digital audio file that is uploaded on the internet and can be easily downloaded  through a computer or mobile device.

A podcast is used for many purposes like for reading of novels or for educational seminars etc. Sometimes companies also use podcast for advertisements or promotional purposes when the target audience is low in volume and mass media mediums are of no use.

Hence from the above we can conclude that the correct option is B.

5 0
2 years ago
Elliptical Consulting is a consulting firm owned and operated by Jayson Neese. The following end-of-period spreadsheet was prepa
skad [1K]

Answer and Explanation:

The Preparation of income statement, retained earnings statement, and balance sheet is prepared below:-

<u>                                           Elliptical Consulting</u>

<u>                                            Income statement</u>

<u>                            For the Year Ended June 30, 2016</u>

<u>Particulars                                    Amount</u>

Revenue      

Fees earned                                 $60,000  

Less:

Expenses      

Salary expense               $32,375    

Supplies expense           $2,100    

Depreciation expense    $1,500    

Miscellaneous expense $2,000    

Total expense                                 $37,975  

Net income                                      $22,025

<u>                                        Elliptical Consulting</u>

<u>                                        Retained earning</u>

<u>                             For the Year Ended June 30, 2016</u>

<u>Particulars                                            Amount</u>

Opening balance                                 $52,200  

Add:Net income for the year               $22,025  

Total                                                       $74,225  

Less: Dividends                                       $2,000  

Closing balance of retained

earnings                                                  $72,225

<u>                                     Elliptical Consulting</u>

<u>                                       Balance Sheet</u>

<u>                         For the Year Ended June 30, 2016</u>

<u>Particulars                                            Amount</u>

Assets

Cash                             $27,000  

Accounts receivable   $53,500  

Supplies                       $900  

Total current assets                             $81,400  

Property plant and equipment

Office Equipment      $30,500  

Less:Accumulated

Depreciation              $6,000             $24,500  

Total Assets                                         $105,900  

Liabilities & Stockholder's Equity

Accounts payable     $3,300

Salaries payable        $375

Total liabilities                                      $3,675

Stockholder's Equity    

Common Stock        $30,000  

Retained earnings    $72,225  

total stockholders Equity                    $102,225  

Total liabilities and Stockholder's

Equity                                                    $105,900

8 0
3 years ago
When the economy starts expanding there is a/an __________ in the term premium and a/an ___________ in the risk premium. Group o
makkiz [27]

Answer:

Increase in premium

Decrease in the risk premium

Explanation:

Premium can be  defined as the rewards earned by investors who has decided to engage in new businesses in a risk free state while risk premium is defined as the excess reward earned above the free risk rate that is expected to earn in the course of investment.In order word , it is a form of compensation for the risk undertaken .

As economy starts expanding , one of the consequences is that the premium will increase while the development reduces related risks and risk premium reduces.

3 0
2 years ago
Emmanuel is the owner and manager of a tutoring company. He often lets his employees open the business when he has a busy mornin
lina2011 [118]

According to the context, Emmanuel is practicing <u>consideration</u> with his employees.

<h3>What is consideration?</h3>

It is linked to a reflection that can be associated with an estimate or assessment.

That is implies an attitude, or rather a set of attitudes and an evaluative tendency of individuals and groups in the work context.

Therefore, we can conclude that according to the context, Emmanuel is practicing consideration with his employees.

Learn more about consideration here: brainly.com/question/27027695

#SPJ1

5 0
2 years ago
In order to begin with contextual marketing, you should determine the opportunities. Where should you start?
Sonbull [250]

Answer:

Always start from landing pages with very high traffic. This is simply so because if you want to determine the opportunities associated with contextual marketing, you want to start where you will get a plethora of views on the pages.

Explanation:

7 0
2 years ago
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