Answer:
Holly can deduct $145 as business expense.
Explanation:
As per IRS, meals expenses are 50% deductible provided they are incurred for business purpose. Earlier entertainment expenses were also 50% deductible, but as of 2018, they are no more deductible for tax purpose.
Here, Holly closed the deal at dinner. So, 50% of meal expenses are deductible as business expense for tax purpose. So, $145 (50% of 290) can be claimed as deduction by Holly while filing her income tax returns.
Prior to 2018, entertainment expenses were 50% deductible if incurred for business purpose. In this case since the deal was closed at dinner, price of theatre tickets are not considered business expense. Moreover, even if they were qualified business expense, they are not deductible since 2018.
Answer:
He can buy both 3 ( number of ) Products A and B .
Explanation:
Suppose the no of product A bought is x and the number of product B purchased is y .
Then Total Cost would be 4x+ 5y= 27 ----eq 1
As he wants to buy both products he can divide the money equally
1:1.
As the individual cost would be $4 + $5 = $ 9
Putting symbols for cost x+ y= 9----- eq 2
Dividing the total cost by the individual cost would give ( eq1 by eq2)
4x+ 5y/ x+ y= 27/9
4x+ 5y/ x+y= 3
4x + 5y= 3(x+y)
but as 4x + 5y = 27 ( already given)
27= 3 ( x+y)
Meaning 3 number of both products can be purchased.
Check .
4(3) + 5(3)= 27
$ 12+ $ 15= $27
Answer:
Letter C is correct. <u>Strategic intent.</u>
Explanation:
The organizational strategy corresponds to a set of rules, values, procedures and action plans that a company develops and implements to achieve its objectives and goals for success in the market.
The strategy is responsible for directing the decision-making process that will assist in achieving the objectives, so it is important that it is well planned, that reflects the organizational values and the posture that the company wants to have towards stakeholders.
It is also necessary that the implementation of the strategic plan is accomplished in line with the objectives established in the planning stage, the conformity of practices will be relevant for the objectives to be achieved.
Continuous improvement should also be an essential issue in the strategy assessment stage, so that errors and gaps that may hinder the progress and effectiveness of organizational processes are identified and corrected.
Answer:
<em>If it served you, give me 5 stars please, thank you!</em>
(a) <u>Income elasticity for meals at restaurant:</u>
= % Change in the quantity of meals at restaurants / % Change in the income of consumer
= (500 / 250)
<u>= 2
</u>
(b) <u>Income elasticity for cups of coffee:</u>
= % Change in the quantity of cups of coffee / % Change in the income of consumer
= 80 / 250
<u>= 0.32</u>
(c) <u>Income elasticity for instant noodels:</u>
= % Change in the quantity of instant noodles / % Change in the income of consumer
= -75 / 250
<u>= -0.3</u>
Answer:
IMC
a.True
Explanation:
The coordination of all distributive activities is a just part of the integrated marketing communication that is IMC, as it tries to offer seamless consumer experience. For instance, if Company XYZ fails to provide the right product in the right place and at the right time for consumers, then the essence of its IMC is lost.
IMC means Integrated Marketing Communication. It is a marketing communication approach that integrates many components for marketing communication effectiveness. The foundation component ensures that IMC approach provides the right products in the right place and at the right time for consumers. IMC also integrates the corporate culture, with a focus on branding and customer satisfaction.
Since IMC aims to increase sales and profits, sharpen the brand's competitive advantage, and achieve brand loyalty, it means that the goals cannot be achieved when Company XYZ's distribution channel offers empty promises by not putting the right XYZ product in the right place and at the right time for consumers.