FILL THE BLANK. during any given year, as much as _____ percent of brand management time might be devoted to designing, implementing, and overseeing sales promotions.
Answers
During any given year, as much as 20 to 25 percent of brand management time might be devoted to designing, implementing, and overseeing sales promotions.
Sales promotions refer to marketing activities that are designed to stimulate immediate sales of a product or service. These promotions often involve discounts, coupons, contests, free samples, or other incentives to encourage consumers to make a purchase or try a product.
Brand management involves developing and maintaining the overall brand image, positioning, and strategy for a product or service. It includes activities such as market research, brand identity development, advertising, and marketing communications.
Sales promotions play a significant role in brand management as they can directly impact sales and consumer behavior.
Designing, implementing, and overseeing sales promotions requires careful planning, coordination, and monitoring to ensure they align with the brand's objectives and resonate with the target audience.
While the specific amount of time spent on sales promotions may vary depending on the industry, product, and marketing strategy, allocating 20 to 25 percent of brand management time to sales promotions provides a general estimate of the attention and resources devoted to these activities within a given year.
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Related Questions
Jackie has been selling gold rings for $50 each. her cost for the rings was $25. she learns that another store on the other side of the mall sells gold rings for $40. what information should jackie consider before deciding if she should change her price?
Answers
When adjusting the price of an established product, Jackie should have knowledge of the pricing considerations and strategies
What are the different types of pricing strategies?
There are 4 types of pricing strategies as follows :
Premium pricing strategySkimming pricing strategyValue pricing strategyPenetration pricing strategy.In the aforesaid scenario, Jackie will employ a value pricing approach, in which he will reduce the product's cost in order to attract buyers, hence increasing the product's perceived worth.
Thus,
Pricing strategies information should be considered before introducing any changes in the price of the product.
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What is the difference between Money
Market and Investments?
Answers
Answer:
can udo a pic so i can see
Explanation:
What are some of the advantages of incorporating?
A. All businesses are required by law to incorporate.
B. Business owners are protected from liability and lawsuits.
C. Incorporation is the least expensive business structure.
D. Incorporation makes a business more likely to succeed.
Answers
Meeting others through volunteer work is the most common way people expand their network. true false
Answers
Answer:
false
Explanation:
Answer:
F
Explanation:
Just took the quiz on Edge
to what extent does the development of new technologies simplify and routinize the jobs of employees? can you give an example? how can new technology lead to job enlargement? discuss.
Answers
It is important to note that technological advances have historically increased productivity, generated sustained increases in living standards, and created more jobs than they have destroyed.
Productiveness is the performance of manufacturing of products or services expressed by using some degree. Measurements of productiveness are often expressed as a ratio of a combined output to an unmarried input or an aggregate enter utilized in a manufacturing process, i.E. Output according to a unit of input, normally over a particular time frame. The most common instance is the (combination) labor productivity degree, one instance of that is GDP per employee. There are many distinctive definitions of productivity (including those that are not described as ratios of output to enter) and the selection among them relies upon the reason of the product size and/or records availability. The important thing supply of difference among various productiveness measures is also generally related (without delay or circuitously) to how the outputs and the inputs are aggregated to acquire any such ratio-kind measure of productiveness.
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Selected transactions for Sophie’s Dog Care are as follows during the month of March. March 1 Paid monthly rent of $1,460. 3 Performed services for $170 on account. 5 Performed services for cash of $90. 8 Purchased equipment for $730. The company paid cash of $100 and the balance was on account. 12 Received cash from customers billed on March 3. 14 Paid wages to employees of $640. 22 Paid utilities of $88. 24 Borrowed $1,830 from Grafton State Bank by signing a note. 27 Paid $270 to repair service for plumbing repairs. 28 Paid balance amount owed from equipment purchase on March 8. 30 Paid $2,200 for six months of insurance. Journalize the transactions. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)
Answers
Answer:
March 1
Dr Rent expense $1460
Cr Cash $1460
March 3
Dr Accounts receivable $170
Cr Service revenue $170
March 5
Dr Cash $90
Cr Service revenue $90
March 8
Dr Equipment $730
Dr Cash $100
Cr Accounts payable (730-100) $630
March 12
Dr Cash $170
Accounts receivable $170
March 14
Dr Salaries and wages expense $640
Cr Cash $640
March 22
Dr Utilities expense $88
Cr Cash $88
March 24
Dr Cash $1830
Cr Notes payable $1830
March 27
Dr Maintenance and repairs expense $270
Cr Cash $270
March 28 Accounts payable $630
Cash $630
March 30
Dr Prepaid insurance $2200
Cr Cash $2200
Explanation:
Preparation of Journal entries
March 1
Dr Rent expense $1460
Cr Cash $1460
(To record rent expense paid)
March 3
Dr Accounts receivable $170
Cr Service revenue $170
(To record services performed on account)
March 5
Dr Cash $90
Cr Service revenue $90
(To record services performed for cash)
March 8
Dr Equipment $730
Dr Cash $100
Cr Accounts payable (730-100) $630
(To record equipment purchased)
March 12
Dr Cash $170
Accounts receivable $170
(To record cash received from customers)
March 14
Dr Salaries and wages expense $640
Cr Cash $640
(To record wages paid to employees)
March 22
Dr Utilities expense $88
Cr Cash $88
(To record utilities expense paid)
March 24
Dr Cash $1830
Cr Notes payable $1830
(To record cash borrowed by signing a note)
March 27
Dr Maintenance and repairs expense $270
Cr Cash $270
(To record cash paid for repairs)
March 28 Accounts payable $630
Cash $630
(730-100)
(To record cash paid to accounts payable)
March 30
Dr Prepaid insurance $2200
Cr Cash $2200
(To record prepaid insurance paid)
Suppose that a year of college has the following explicit costs: $17000 in tuition, $1000 in books and supplies, and $1500 for a computer. A year of college also has the following implicit cost: $35000 of foregone salary. A rational person would attend one year of college if the additional income and improved quality of life were worth how much
Answers
Answer:
A rational person would attend one year of college if the additional income and the improved quality of life were worth more than the cost of attending college for the year or more than $19,500
Explanation:
The given parameters are;
The tuition cost for a year of college = $17,000
The cost of books and supplies = $1,000
The cost for a computer = $1,500
The amount of forgone salary = $35,000
Therefore, the total cost for a year of college = $17,000 + $1,000 + $1,500 + $35,000 = $54,500
However, the amount by which a year in college exceeds the previous income = The cost of going to college $17,000 + $1,000 + $1,500 = $19,500
Therefore, a rational person would attend one year of college if the additional or extra income above the previous income and the improved quality of life were worth more than the cost of going to college for one year which is $19,500.
What is a business….
Answers
Whom?..................
True or false: Electronic commerce is defined as the use of the Internet as an essential element of business activity.
Answers
Answer:
it's true............
Advantages of exchange traded funds over mutual funds include:_________
Answers
Advantages of exchange-traded funds (ETFs) over mutual funds include lower expenses, intraday trading flexibility, and tax efficiency.
ETFs typically have lower expense ratios than mutual funds because they are passively managed and have lower turnover. ETFs can also be bought and sold throughout the day on an exchange, while mutual funds can only be bought and sold at the end of the trading day.
This flexibility can provide investors with the opportunity to react to market news and adjust their portfolios quickly. Finally, ETFs are often more tax-efficient than mutual funds because they generally have fewer capital gains distributions.
Overall, ETFs offer investors a low-cost, flexible, and tax-efficient way to invest in a diversified portfolio of securities.
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How could a SAYGO tax system help support intergenerational wellbeing?. Please use economic analysis
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The Say’s Law provides a theoretical underpinning for a kind of tax policy that can help support intergenerational wellbeing. A Say's law tax system will work by providing incentives for investment. This way, the government raises revenue and provides the infrastructure required for economic development and job creation. Here is how a SAYGO tax system can help support intergenerational wellbeing: Role of tax in economic development Taxation is an important instrument in economic development. It is the main source of revenue for governments to finance public goods and services. The tax system also serves as an instrument for redistribution of wealth. It transfers resources from high-income earners to low-income earners. The aim is to reduce inequality.
Thus, taxation serves an important function in the economy by redistributing income and resources from the rich to the poor and by providing the government with the necessary resources to finance public goods and services. This is critical for intergenerational wellbeing. Economic analysis shows that, to achieve intergenerational wellbeing, a SAYGO tax system is preferable to a traditional tax system.Advantages of a SAYGO tax systemA SAYGO tax system is a tax system that is based on Say's Law. It is designed to provide incentives for investment. In a SAYGO tax system, the government does not tax the productive sector of the economy. Instead, it taxes the consumption of goods and services. The aim is to encourage investment, innovation, and job creation. Here are some advantages of a SAYGO tax system:It creates an environment conducive to investment and job creation. It provides incentives for innovation and productivity growth. It reduces the burden of taxation on the productive sector of the economy. It allows the government to raise revenue without hindering economic growth. It supports intergenerational wellbeing by promoting investment, job creation, and economic growth.
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Which career pathways require workers to train at special academies?
EMTs and Emergency Dispatchers
Crossing Guards and Lifeguards
Police Officers and Firefighters
Lawyers and Judges
Answers
Answer:
Police Officers and Firefighters
Answer:
the correct answer would be police officers and firefighters
Explanation:
hope this helps:)
In 2004, Microsoft Corporation started giving employees stock that cannot be sold for a specified period of time. This is a type of restricted stock.
Answers
To generate higher profits, producers must work to increase their total supply. increase their total expenses. decrease their customer base. decrease their production costs.ing one additional unit of a good the additional income gained from selling an additional good the financial gain from business activity minus expenses
Answers
Answer:
Producers must work to decrease their production costs
Explanation:
Decreasing production costs increases profit, as they can charge the same price for a cheaper product.
If it's incorrect, lmk and i'll do nothing
Someone who creates attractive presentations of food dishes for magazines is called which of the following?
a. food stylist
b. research chef
c. personal chef
d. food preparation worker
Answers
Answer:A
Explanation:
Banks do not hold a lot of their assets in the form of cash mainly because of:
a. regulation.
b. the fear of being robbed.
c. the opportunity cost of holding cash, cash does not earn interest.
d. it can encourage employee theft.
Answers
Banks do not hold a lot of their assets in the form of cash mainly because of the opportunity cost of holding cash, cash does not earn interest. The correct option is C.
Opportunity costs are the possible advantages that a person, investor, or company forgoes while deciding between two options. It is necessary to weigh the advantages and disadvantages of each choice offered in order to correctly assess opportunity costs.
The interest that could have been made if the cash had been used to buy bonds instead is the opportunity cost of keeping any money balance.
Therefore, due to the opportunity cost of holding cash and cash does not earn interest banks does nor prefer to hold a lot of their assets in the form of cash .
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On his marvel company team, sam wilson is "the motivator. " he’s always encouraging his teammates to work harder and try to perform better. Which of belbin’s team roles is sam enacting?.
Answers
Sam Wilson's Marvel Corporation team refers to him as "the motivator" since he consistently encourages his coworkers to put in more effort and strive for excellence. Belbin team members play "shapers" duties. Sam is onstage.
Which Belbin team position is in charge?At Belbin, we believe that the roles of "Leader" and "Manager" are very different from one another. A leader inspires and guides others, laying out the path and making sure that others follow, as opposed to a manager who assigns tasks to a team.
What functions did each team member have?Distinct people perform different roles within a team. Team members can play one of four roles: leader, facilitator, coach, or member. These are all elements of a team, but they don't have to be mutually exclusive. At certain times, a leader can also serve as a coach and facilitator.
Team leaders encourage improvement by forming the team. They are vibrant, often extroverted people who enjoy inspiring others, questioning norms, and finding the best solutions to problems.
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A Las Vegas hotel want to provide to bear experience for a rep for its rapidly growing custom made base from China at the hotel can best do this by hiring
Answers
Answer:
Brian, a Mandarin interpreter who loves to interact with groups of all sizes.
Explanation:
In the context, a hotel in Las Vegas wants to give to experience for a representative for the increasingly growing customs which is made base from country China. The hotel can best do this by hiring Brian who is a Mandarin interpreter and he loves to meet and to interact with all size of people.
He can better able to facilitate the requirements of the travelers from China in a broader sense. Brian can allow the travelers less fluent in English speaking to make advantage of the available features at the hotel and also the amenities that the hotel offers. He bridges the language gaps between the hotel and the Chinese travelers.
Compare Rail and Road transport. (Advantage, disadvantage and characteristic)
Answers
Rail and road transport are two of the most common modes of transportation used for both freight and passenger movement. Each mode has its own advantages, disadvantages, and characteristics.
Advantages of rail transport include its ability to move large volumes of freight over long distances efficiently and economically. Rail transport is also environmentally friendly, producing less greenhouse gas emissions than road transport.
Rail networks are typically highly structured, making them more predictable and reliable than road transport, which can be subject to traffic congestion. However, rail transport has some disadvantages. It requires significant infrastructure investment and maintenance, which can make it more expensive than road transport.
Rail networks are often inflexible and may not provide the same level of door-to-door service that road transport can offer. Additionally, rail transport can be less convenient for passenger travel, with less frequent services and longer travel times.
On the other hand, road transport is flexible, providing door-to-door service and allowing for easy access to remote areas. It is also relatively cost-effective for smaller shipments and time-sensitive goods. Road transport is often faster than rail, and it can be easily adapted to changing transport needs.
However, road transport has its disadvantages. It is subject to traffic congestion, which can lead to unpredictable delivery times. It is also less environmentally friendly than rail transport, producing more greenhouse gas emissions per unit of freight or passenger movement. Finally, the cost of road transport can increase due to fuel prices and tolls.
In summary, both rail and road transport have their advantages, disadvantages, and characteristics. Rail transport is efficient, environmentally friendly, and predictable, but it is expensive and inflexible. Road transport is flexible, cost-effective, and adaptable to changing needs, but it is subject to traffic congestion and is less environmentally friendly. Ultimately, the choice of transport mode will depend on the specific transport needs of each individual case.
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As a delivery company, no one delivers better than Domino’s. Its reputation for hot pizza in 30 minutes
or less is ingrained in customer’s minds. But not long ago, Domino’s began hearing its customers talking
about how its pizza was horrible. As a company that has long focused on solid marketing intelligence to
make decisions, Domino’s went to work on how it could change consumer perceptions about its pizza.
Through marketing research techniques, Domino’s soon realized that it had to take a very risky step and
completely recreate the pizza that it had been selling for over 40 years. This video illustrates how
research not only enable Domino’s to come up with a winning recipe, but it led to a successful
promotional campaign that has made fans of Domino’s pizza in addition to its delivery service.
1. What role did marketing research play in the creation and launch of Domino’s new
pizza?
2. Could Domino’s have gone about its research process in a more effective way?
Explain
3. Why did it take so long for Domino’s to realize that customers didn’t like its pizza?
Was it an accident that it made this realization?
Answers
Marketing research played a crucial role leading to a successful promotional campaign and improved customer satisfaction, highlighting the importance of customer feedback and proactive research.
What is the Role of Marketing Research?1. Marketing research played a crucial role in the creation and launch of Domino's new pizza by providing insights into customer perceptions and preferences, identifying the need for change, and guiding the development of a winning recipe and promotional campaign.
2. It is difficult to determine if Domino's could have gone about its research process in a more effective way without specific details. However, continuous monitoring of customer feedback and proactive market research could have potentially identified the declining satisfaction with their pizza earlier, allowing for timely adjustments and improvements.
3. It took a while for Domino's to realize that customers didn't like its pizza because the company relied on its long-standing reputation and assumptions about customer preferences. This realization was not accidental but rather driven by customer feedback and market research that provided the necessary insights to recognize the need for change and take decisive action.
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Suppose that a firm produces wool jackets in a monopolistically competitive market. The following graph shows its demand curve, marginal revenue (MR) curve, marginal cost (MC) curve, and average total cost (ATC) curve.
Answers
Because the market depicted above is a monopolistically competitive market, it is easy to see that there is is a long run equilibrium situation because the price is equal to the Average Total Cost curve for each firm, where the quantity is optimal.
What is a monopolistically competitive market?Monopolistic competition is a market system in which numerous enterprises exist in an industry and create similar but distinct products.
None of the firms has a monopoly, and each company acts independently of the actions of the others.
From the attached graph and the information given,
Long Run Equilibrium > Efficient ScaleIt is also TRUE to state that the market for jackets has excess capacity;Learn more about Monopolistic Competition at;
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Full Question:
Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact that [P>ATC/ MR > MC/ P = ATC/ MR = MC] at the optimal quantity for each firm. Furthermore, the quantity the firm produces in long-run equilibrium is [equal to/ greater than/ less than] the efficient scale.
True or False: This indicates that there is excess capacity in the market for jackets.
Monopolistic competition may also be socially inefficient because there are too many or too few firms in the market. The presence of the [product variety/ business-stealing] externality implies that there is too little entry of new firms in the market.
Which cable news network produces the most straight reporting?
A. MSNBC
B. ESPN
C. CNN
D. FOX
Answers
Answer:
C.
Have a good morning✨
Answer:
A
Explanation:
In 2010, Roso Carlson Company had net credit sales of $750,000. On January 1, 2010, Allowance for Doubtful Accounts had a credit balance of $18,000. During 2010, $30,000 of uncollectible accounts receivable were written off. Past experience indicates that 3% of net credit sales become uncollectible. What should be the adjusted balance of Allowance for Doubtful Accounts at December 31, 2010? a. $10,050. B. $10,500. C. $22,500. D. $40,500
Answers
$10,050 should be the adjusted balance of Allowance for Doubtful Accounts at December 31, 2010. The correct option is A.
The adjusted balance of Allowance for Doubtful Accounts can be calculated using the following steps:
Calculate the amount of uncollectible accounts based on past experience: 3% x $750,000 = $22,500
Add the amount of the existing credit balance in the Allowance for Doubtful Accounts account: $18,000
Subtract the amount of accounts written off during the year: $30,000
The adjusted balance of Allowance for Doubtful Accounts at December 31, 2010 would be:
$22,500 + $18,000 - $30,000 = $10,500
The correct option is A.
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Where scaffolds are utilized they shall
be provided with _ for the entire
length, and shall have
to
prevent slipping.
Answers
Answer:
im not aure
Explanation:
im not aure
the operating revenue remaining after cost of merchandise sold has been deducted is
Answers
The operating revenue remaining after deducting cost of merchandise sold is known as gross profit.
What is a gross profit?Gross profit refers to the amount remaining after deducting all the expenses involve in production, transportation and promotion of goods.This is total profit a business is gained.
The gross profit is calculated by subtracting cost of goods sold from total sales where cost of goods sold includes all cost for selling an item.For example raw material, labour, storage costs and so on.
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1. Why does Thoreau equate getting rid of wrong-doing with sitting on someone's head?
Answers
In his work "Civil Disobedience," Henry David Thoreau equates getting rid of wrong-doing with sitting on someone's head to emphasize the oppressive nature of authority.
Thoreau's statement can be understood in the context of his overall argument for civil disobedience. He believed that individuals had a moral obligation to resist unjust laws and systems, even if it meant facing consequences or punishment. Thoreau advocated for active resistance and non-cooperation as means to challenge oppressive authority.
By equating getting rid of wrong-doing with sitting on someone's head, Thoreau highlights the imbalance of power and the oppressive nature of those in authority. The act of sitting on someone's head implies a forceful and dominating action that restricts their freedom and autonomy. Thoreau suggests that the removal of wrong-doing, or the dismantling of unjust systems, requires individuals to challenge and disrupt the existing power structures.
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Aden is a small engine mechanic who earns a regular hourly rate of $15.68. For overtime, he earns time and a half on Saturdays and double time on Sundays. This week he worked his regular 40 hours plus 8 hours on Saturday and 7 hours on Sunday. What’s his total pay?
Answers
Answer:
$1,034.88
Explanation:
Aden total pay will be
regular hours worked x regular pay
=40 hrs x $15.68
=$627.2
Overtime hours
Saturday rate :$15.68 x 1.5 =$23.52
Hours worked on Saturday= 8 hrs
Saturday pay = $15.68 x 8
=$188.16
Sunday rate : $15.68 x 2= $31.36
Hours worked on Sunday = 7
Sunday pay = $31.36 x 7
=$219.
Total pay =$627.2 + $188.16 +$219.52
=$1,034.88
How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
what three variables determine how much interest a person could earn from a savings account?
Answers
your current financial health, payment history, and debt obligations before
Which of these can be considered “online banking?”
I. A brick-and-mortar bank that allows its customers to transfer money online.
II. A bank that has only a few branches but has customers depositing money online.
III. A bank that does not exist as a real building, but only has an internet presence.
Answers
Answer:
D
Explanation:
l, ll, & lll
All the given statements are examples of online banking. Thus, all the given statements are correct statements.
What is online banking?Online banking, often known as internet banking, online banking, or home banking, is a type of electronic payment system that allows clients of banks and other financial institutions to carry out a variety of financial transactions via the website of the financial institution. In order to offer consumers access to banking services in addition to or in substitute for traditional branch banking, the online banking system will normally link to or be a component of the core banking system run by a bank.
Online banking provides greater convenience to some customers by reducing the need to visit a branch bank and the convenience of being able to conduct banking transactions even when branches are closed. It also significantly lowers operating costs for banks by decreasing their reliance on a branch network.
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