Answer:
Value
Explanation:
Hope this helps :)
Which function of marketing stimulates sales, encourages customer loyalty, and communicates methods of payment?
One key function of marketing that stimulates sales, encourages customer loyalty, and communicates methods of payment is promotion.
Promotion is an integral part of the marketing mix and involves various activities aimed at creating awareness, generating interest, and influencing customers' purchasing decisions.
Through promotional strategies such as advertising, sales promotions, public relations, and direct marketing, businesses can effectively communicate the benefits and value of their products or services to the target audience. This creates a sense of urgency and drives sales by enticing customers to make a purchase.
Moreover, promotions can be designed to foster customer loyalty by offering exclusive discounts, rewards, or loyalty programs. These initiatives not only incentivize repeat purchases but also enhance the overall customer experience, fostering long-term relationships with the brand.
Additionally, promotions often include clear messaging about different methods of payment accepted by the business. By communicating convenient and flexible payment options, such as credit cards, online payments, or installment plans, customers feel empowered and informed about how to complete their transactions.
In summary, promotion plays a vital role in stimulating sales, cultivating customer loyalty, and effectively communicating methods of payment, thereby contributing to the overall success of a marketing strategy.
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What two characteristics must an item possess to have monetary value?
A. scarcity and capital
C. transferability and utility
B. capital and transferability
D. utility and scarcity
The two characteristics that must be possessed is transferability and utility.
We can describe "monetary value" as the property of having a material worth and this allows the transfer-ability of an assets.
The amount that is paid in cash for an asset is referred to the monetary value of such asset.Money is one of the measure through which the monetary value on an assets is being exchange for the asset.In conclusion, a monetary value must be transferable to other person and must be able to be used to carry out transaction at any time..
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Could you explain this as if I was 5 years old? Thank you.
"The practice of quoting bond prices net of accrued interest explains why the price of a maturing bond is listed at $1,000 rather than $1,000 plus one coupon payment. A purchaser of an 8% coupon bond one day before the bond’s maturity would receive $1,040 on the following day and so should be willing to pay $1,040. But $40 of that total payment constitutes the accrued interest for the preceding half-year period. The bond price is quoted net of accrued interest and thus appears as $1,000."
Quoting bond prices net of accrued interest is quoting them at clean prices (future value) instead of dirty prices (present value).
What is the clean price?The clean price of a bond excludes its accrued interest and gives the future value at which the bond will be redeemed.
The clean price implies that the bond is quoted without reflecting the accrued interest, so the investor will quickly determine at what price they purchase the bond.
The dirty price is the actual and present value of the bond before the coupon payment date.
Quoting at a clean price helps the potential investor to determine if a bond is sold at a discount, premium, or face value without many computations.
Face value of bond = $1,000
Coupon interest rate = 8%
Interest payment = semiannually
Interest amount = $40 ($1,000 x 8% x 1/2)
Dirty price = $1,040
Thus, the quotation of bond prices without the accrued interest is the standard practice in the United States, unlike in Europe, where they are quoted at dirty prices.
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each cushion requires 2 pound of the foam used as stuffing. The company has a policy has a policy that the ending invetory of foam each month must be equal to 15% of the following month's expected production needs. How many pounds of foam does the porch cushioon company need to purchase in auguyst
Answer:
34,200
Explanation:
Calculation to determine How many pounds of foam does The Porch Cushion Company need to purchase in August
Does
First step is to calculate the Opening Inventory
Opening Inventory = (100%-15%)*(18,000*2)
Opening Inventory=85%*36,000
Opening Inventory=30600 pounds
Second step is to calculate the
Closing Inventory = 15%* (12,000*2)
Closing Inventory=15%*24,000
Closing Inventory=3600 pounds
Now let calculate the No of pounds required to purchase using this formula
No of pounds required to purchase = Opening inventory+Closing inventory
Let plug in the formula
No of pounds required to purchase=30,600+3,600
No of pounds required to purchase=34,200
Therefore the amount of pounds of foam that The Porch Cushion Company need to purchase in August is 34,200
Consider the following information for Evenflow Power Co.,
Debt: 5,500 5.5 percent coupon bonds outstanding, $1,000 par value, 19 years to maturity, selling for 104 percent of par; the bonds make semiannual payments.
Common stock: 137,500 shares outstanding, selling for $56 per share; the beta is 1.08.
Preferred stock: 18,500 shares of 5 percent preferred stock outstanding, currently selling for $106 per share.
Market: 7.5 percent market risk premium and 4 percent risk-free rate.
Assume the company's tax rate is 31 percent.
Required:Find the WACC.
Answer:
8.02 %
Explanation:
Weighted Average Cost of Capital (WACC) is the the cost required by holders of permanent source of capital pooled together.
WACC = Cost of Equity x Weight of Equity + Cost of Preferred Stock x Weight of Preferred Stock + Cost of Debt x Weight of Debt
where,
Cost of Equity (CAPM) = 4 % + 1.08 x 7.5 %
= 12.10 %
Cost of Preferred Stock = 5%
Cost of Debt :
PMT = ($1,000 x 5.5%) ÷ 2 = $27.50
N = 19 x 2 = 38
PV = $1,000 x 104 % = - $1,040
P/YR = 2
FV = $1,000
I/YR = ??
Using a Financial calculator the YTM (which is the cost of debt) is 5.17 %
But,
We use after tax cost of debt.
After tax cost of debt = 5.17 % x (1 - 0.31) = 3.57%
also
Total Market Value = $5,720,000 + $7,700,000 + $1,961,000 = $15,381,000
Weight of Equity = 0.50
Weight of Preferred Stock = 0.13
Weight of Debt = 0.37
therefore,
WACC = 12.10 % x 0.50 + 5% x 0.13 + 3.57% x 0.37
= 8.02 %
$300 invested with compound interest at a rate of 25% per year for 8 years.
Answer:
$1,788.14
Explanation:
The applicable formula A= P ( 1+ r)^2
Where A is the amount after 8 years
P = principal amount: $300
r = interest rate: 25% or 0.25
n =number of period :8
A= $300 x ( 1+ 0.25) ^ 8
A=$300 x 5.9604644
A= $1,788.139
A=$1,788.14
Amount after 8 years =$1,788.14
Howarth Manufacturing Company purchased equipment on June 30, 2017, at a cost of $800,000. The residual value of the equipment was estimated to be $50,000 at the end of a five year life. The equipment was sold on March 31, 2021, for $170,000. Howarth uses the straight- line depreciation method for all of its plant and equipment. Partial-year depreciation is calculated based on the number of months the asset is in service
Required:
1. Prepare the journal entry to record the sale.
2. Assuming that Howarth had instead used the double-declining balance method, prepare the journal entry to record the sale.
The journal entry that can be used to record the sale will be:
March 31, 2021.
Debit Cash $170000
Debit Accumulated Depreciation $562500
Debit Less on sales $67500
Credit Equipment $800000
When Howarth used the double-declining balance method, the journal entry to record the sale will be:
Debit Cash $170000
Debit Accumulated Depreciation $675584
Credit Gain on sales $45584
Credit Equipment $800000
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Can someone help me with this
Answer:
Is it account? or business?
Explanation:
Is it account or business??
distinguish between price elasticity of demand and price elasticity supply
Answer:
The price elasticity of demand is the percentage change in the quantity demanded of a good or service divided by the percentage change in the price. The price elasticity of supply is the percentage change in quantity supplied divided by the percentage change in price
Mark Goldsmith's broker has shown him two bonds issued by different companies. Each has a maturity of 4 years, a par value of $1000, and a yield to maturity of 8.70. The first bond is issued by Crabbe Waste Disposal and has a coupon interest rate of %6.315 paid annually. The second bond, issued by Malfoy Enterprises, has a coupon interest rate of 8.90 % paid annually.
a. Calculate the selling price for each of the bonds.
1. Selling Price of Bond 1 issued by Crabbe Waste Disposal = $1031.08
2. Selling Price of Bond 2 issued by Malfoy Enterprises = $1269.50
How can we calculate the selling price (SP) for each bond?Bond 1: Issued by Crabbe Waste Disposal
Coupon Interest Rate (CIR) = 6.315%
Yield to Maturity (YTM) = 8.70%
Maturity (n) = 4 years
Par Value (PV) = $1000
To calculate the selling price of Bond 1, we can use the following formula:
SP = (CIR/100) * PV + [(PV - (CIR/100) * PV) / (1 + YTM/100)^n]
Putting the values:
CIR = 6.315%
PV = $1000
YTM = 8.70%
n = 4 years
SP for Bond 1 = (6.315/100) * 1000 + [(1000 - (6.315/100) * 1000) / (1 + 8.70/100)^4]
SP = $632.36 + $398.72
Selling Price of Bond 1 issued by Crabbe Waste Disposal = $1031.08
Bond 2: Issued by Malfoy Enterprises
Now, let's calculate the selling price for Bond 2 issued by Malfoy Enterprises.
Coupon Interest Rate (CIR) = 8.90%
Yield to Maturity (YTM) = 8.70%
Maturity (n) = 4 years
Par Value (PV) = $1000
Using the same formula as above:
SP = (CIR/100) * PV + [(PV - (CIR/100) * PV) / (1 + YTM/100)^n]
Putting the values:
CIR = 8.90%
PV = $1000
YTM = 8.70%
n = 4 years
SP of Bond 2 = (8.90/100) * 1000 + [(1000 - (8.90/100) * 1000) / (1 + 8.70/100)^4]
SP = $889 + $380.50
Selling Price of Bond 2 issued by Malfoy Enterprises = $1269.50
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BenjaminCompanyproducesproductsC,J,andRfromajointproductionprocess.Eachproductmaybesold at the split-off point or processed further. Joint production costs of $95,000 per year are allocated to the productsbasedontherelativenumberofunitsproduced.DataforBenjamin'soperationsforlastyearfollow:
Answer:
Product C and J only should processed further.
Explanation:
A project from a joint process should be processed further if additional sales revenue from further processing exceeds further processing cost.
So we will compare the net income i.e additional sales revenue minus sales further processing cost less for the three products as follows:
Net income
Product C : (100,000-75,000)-20,000 = $5,000
Product J: (115,000-70,000)-36,000= $9,000
Product R: (55,000-46,500) - 10,000=$(1,500)
Product C and J only should processed further.
stock price for vinyl record player?
To give you an idea the stock price, beginner to advanced record player installations can range from $50 to $450, depending on a number of variables.
What is current stock price?It is the latest trading price for a share of stock or any other security. The present price serves as the starting point in an open market. It shows the price that a buyer and seller would be prepared to accept for a later transaction involving that security.The current price is only an indication and not a promise. The future sale price on an exchange is not determined by the present price. The security's price will fluctuate over time as supply and demand factors change.Using the current value accounting method, assets are valued at their replacement cost rather than their initial cost.Cash price is the same as current price because it refers to the most recent quoted price on an exchange.Learn more about current stock price refer to :
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US REFERENCE: SO 9
5. Given an organisation in a different province or country, describe the way in which performance
would be adapted.
Answer:
Adapting performance in an organization in a different province or country would require an understanding of the local culture, customs, laws, and regulations. The organization would need to take into account the linguistic and communication barriers that may exist, and may need to provide additional training. Performance metrics would also need to be reviewed and adjusted to reflect the unique challenges and opportunities of the specific geographic location. Additionally, the organization would need to build relationships with local stakeholders, such as customers, suppliers, and government officials, to ensure and maintain its success in the new market. A comprehensive market analysis and strategy development would need to be undertaken to ensure that the organization is positioning itself for success and anticipating local challenges. Finally, the organization may need to adjust its policies and procedures to align with local laws and regulations and to refreflect on theect the cultural norms of the new market. Overall, it is important for the organization to remain adaptable and flexible to maintain success in a new market.
Explanation:
1. Describe the different types of instructional characteristics that this program should have for learning and transfer to occur and for a decrease in injuries and accidents to result.
The different types of characteristics that are prevalent for the instructional characteristics include telling what to do and whatnot by giving proper organizational instructions. Proper training for safety measures is also to be given by the factories or the industries which are an important part of the Factory Standards.
What are Factory Standards of instructions?Factory Standards specify the needs of the various factory workers cratering to the need for the service and in turn to understand the poignancy and behavioral pattern can also be suitably understood and also taken into account.
Factory Standards include proper training and organizational instructions which are required by the workers for various reasons. FactoryStandards are often important for the labeling and marking of people as organizational people working for certain understandings.
Factory Standards also provide a proper understanding of the various means of prevention techniques for the accidents which are happening almost all year round and how to prevent one from those cases.
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You are giving your pitch and state that you'll get 30% of this new 1.3 billion market in 2 years. A member of the audience laughs. What did you just say your year two revenue would be? Yeah
Answer:390,000,000
Explanation: 30% of 1.3 billion
In the given situation, when it says 30% of 1.3 billion then it just say year of two revenue would be $ 390,000,000.
What do you understand by the revenue?Revenue, which is determined by multiplying the average sales price by the quantity of units sold, is the money made from regular business operations.
While income or profit includes the costs incurred in generating revenue and reports net (not gross) results, revenue simply refers to the proceeds from sales.
Revenue (from the sale of goods or services) less operational expenses equals operating income.
Non-operating income is irregular or irregular money that comes from other sources (e.g., lawsuit proceeds).
Therefore, in the given situation, when it says 30% of 1.3 billion then it just say year of two revenue would be $ 390,000,000.
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illustrate the effect that a decrease in a price of milk (an input of ice cream) would have on the market for ice cream.
A decrease in the price of milk would lead to a decrease in the production cost of ice cream and an increase in its supply, causing a decrease in the equilibrium price of ice cream and an increase in its quantity demanded and supplied.
A decrease in the price of milk is likely to have a direct effect on the market for ice cream. Milk is a key ingredient in the production of ice cream, and so a decrease in the price of milk would lead to a decrease in the production cost of ice cream. The impact of this decrease in production cost will result in an increase in the supply of ice cream. The supply curve will shift to the right, showing that more ice cream is available for sale at any given price.
This means that the equilibrium price of ice cream will decrease because suppliers are willing to sell more ice cream at lower prices due to lower production costs. As a result, consumers would demand more ice cream because they would be able to purchase it at a lower price. This increase in demand would cause the demand curve to shift to the right, further increasing the equilibrium quantity of ice cream traded in the market.
Therefore, a decrease in the price of milk would lead to a decrease in the production cost of ice cream and an increase in its supply, causing a decrease in the equilibrium price of ice cream and an increase in its quantity demanded and supplied.
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Which network could not carry comercial traffic?
Answer:In 1991 the NSF allowed Advanced Network and Services (ANS), a non-profit company established by the Merit Network, IBM, and MCI to carry commercial traffic over the ANSNet backbone, the same infrastructure that carried traffic for theNSFNET Backbone Service.
Explanation:
who is sus? pink or blue im playing among us
Answer:
pink smh
Explanation:
Answer:
Its blue i have photographic evidence
Explanation:
Jahar is very friendly and loves interacting with customers. He has a lot of knowledge about loans and the risks associated with them. In which Finance career does Jahar work? Business Finance Management Financial Investment Planning Insurance Services Banking and Related Services
Answer:
C
Explanation: I took the Unit Test and got it right!
Answer: C : Insurance Services
Explanation: this is on Edgenutiy unit test
Which of the following statements is correct? Multiple Choice If supply decreases and demand remains constant, equilibrium price will fall. If supply decreases and demand increases, equilibrium quantity is indeterminate. If supply increases and demand remains constant, equilibrium price will rise. If supply increases and demand increases, equilibrium quantity will fall. If supply increases and demand increases, equilibrium price will rise.
The statement that is correct is D. If supply increases and demand increases, equilibrium quantity will fall.
Demand is the quantity of goods and services that one is willing to buy at a particular price and at a given time.
On the other hand, supply is the quantity of goods that a supplier wants to sell at a given price and time.
It should be noted that in a situation whereby there's an increase in the supply and the demand of a product, this will lead to a reduction in the equilibrium quantity.
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Determine the costs assigned to ending inventory and to cost of goods sold using fifo
Using FIFO, the cost assigned to ending inventory is $8,296, and the cost assigned to the cost of goods sold is $20,774.
What is FIFO?FIFO simply means First-in, First-Out.
FIFO is a cost flow assumption that assigns cost to the cost of goods sold based on the understanding that the first goods brought into the store are the first to be sold.
Note that under the perpetual inventory system, the cost of goods sold is determined at each sales transaction.
Activities Units Acquired at Cost Units Sold at Retail
Jan. 1 Beg. inventory 285 at $13.40 $3,819
Jan. 10 Sales 250 units $43.40 $10,850
Mar. 14 Purchase 470 units $18.40 8,648
Mar. 15 Sales 400 units $43.40 17,360
July 30 Purchase 485 units $23.40 11,349
Oct. 5 Sales 460 units $43.40 19,964
Oct. 26 Purchase 185 units $28.40 5,254
Totals 1,425 units $29,070 1,110 units $48,174
Ending inventory 315 (1,425 - 1,110)
FIFO:Ending inventory = $8,296 (185 x $28.40 + 130 x $23.40)
Cost of goods sold = Cost of Goods Available for Sale - Cost of Ending Inventory)
= $20,774 ($29,070 - $8,296)
Cost of Goods Sold (Using Perpetual Inventory System):$3,350: 250 units $13.40
$7,185: 400 units ($13.40 x 35) + ($18.40 x 365)
$10,239: 460 units ($18.40 x 105) + ($23.40 x 355)
$20,774 1,110 units
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Question Completion:Activities Units Acquired at Cost Units Sold at Retail
Jan. 1 Beg. inventory 285 at $13.40 $3,819
Jan. 10 Sales 250 units $43.40
Mar. 14 Purchase 470 units $18.40 8,648
Mar. 15 Sales 400 units $43.40
July 30 Purchase 485 units $23.40 11,349
Oct. 5 Sales 460 units $43.40
Oct. 26 Purchase 185 units $28.40 5,254
Totals 1,425 units $29,070 1,110 units
Required Hemming uses a perpetual inventory system. 1. Determine the costs assigned to ending inventory and to cost of goods sold using FIFO.
A Worker in Microworkers can also be an Employer:
After reaching $25 in earnings
After placing an initial deposit of $10, and launching a valid campaign
If success rate is maintained at 75% before launching a campaign
After creating a separate Employer account
Yes, a worker in Microworkers can be an employer. To become an employer, a worker must first reach $25 in earnings.
After reaching the $25 threshold, the worker must make an initial deposit of $10 to launch a valid campaign. Additionally, the worker must maintain a success rate of 75% before launching a campaign. Finally, the worker must create a separate Employer account in order to become an employer.
With a separate Employer account, the worker is now able to create and launch campaigns, view worker's performance and ratings, and approve or reject completed tasks. Becoming an employer on Microworkers is a great opportunity for workers to take advantage of the platform to make additional income.
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Explain the formation of research proposal and it's format.
A research proposal is a document that outlines a researcher’s plan to conduct a specific research project.
What is research proposal?A research proposal is a document that outlines the research project that one intends to undertake. It provides a summary of the background and rationale for the proposed study, outlines the research objectives and methods, and identifies potential resources and risks. The research proposal also serves as a map for the researcher in order to ensure the completion of the project within a specific timeline and budget. The research proposal should be free from plagiarism and should be written in an organized and professional manner.
The format of a research proposal may vary depending on the field of research, the institution, and the funding body.
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Question Content Area
Journalize the entries to record the following selected transactions:
a. Sold $900 of merchandise on account, subject to 7% sales tax. The cost of the goods sold was $510.
b. Paid $436 to the state sales tax department for taxes collected.
If an amount box does not require an entry, leave it blank.
a.
- Select -
- Select -
blank
- Select -
- Select -
- Select -
- Select -
b.
When the final sale in the supply chain is made, the retailer is responsible for collecting sales tax. The required journalized entries for the selected transactions involving sales tax are attached below.
The state levies a consumption tax, the so-called sales tax, on the purchase of goods and services. A standard sales tax is collected at the point of sale, collected at the store and remitted to the government.
Depending on the regulations in that country, a business may be responsible for sales taxes in that jurisdiction if it has a presence there, which can be a physical site, an employee, or an associate. The calculation of sales tax for (a) is:
Sales Tax Payable = Amount of sales× Sales Tax
= $900 × 7%
= $63
Therefore, all the selected transactions are explained with the help of the journal entries.
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Your question is incomplete, but most probably the full question was,
Question Content Area
Journalize the entries to record the following selected transactions:
a. Sold $900 of merchandise on account, subject to 7% sales tax. The cost of the goods sold was $510.
b. Paid $436 to the state sales tax department for taxes collected.
If an amount box does not require an entry, leave it blank.
a.
- Select -
- Select -
blank
- Select -
- Select -
- Select -
- Select -
b.
- Select -
- Select -
blank
Consider a company, which stock is currently trading at €8.00. The company has just paid a
dividend of €0.30 per share. You expect the dividend to increase by 10% for the next two years and then
increase by 5% per year forever. Suppose that your required return in case of this company is 8%.
Estimate the value of this company’s stock by using a two-stage Dividend Discount Model and judge
whether this company’s stock is undervalued, fairly valued, or overvalued.
The value of the company's stock using the two-stage dividend model is $11.51.
The stock is undervalued.
What is the value of the stock?The two-stage dividend growth model is used to determine the intrinsic value of a stock based on the assumption that the stock has two distinct stages of growth. The first is a period of fast growth and the second stage is the period of more stable growth.
The first step is to determine the future value of the dividend in the first stage:
Divided value in year 1 = 0.30 x 1.1 = 0.33
Divided value in year 2 = 0.30 x 1.1² = 0.363
Value of the dividend in the period of 5% indefinite growth : 0.362 x 1.05/ (0.8 - 0.5) = 12.705
The next step is to determine the present value of these cash flows:
0.33 / 1.08 + 0.363 / 1.08² + 12.705 / 1.08² = $11.51
If the intrinsic value of the stock is greater than the price at which the stock is trading, the stock is undervalued. If the intrinsic value is less than the price at which the stock is trading, the stock is overvalued.
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NoreCorp wants to meet a moral minimum of ethical behavior
The company could offer higher-quality products to customers for lower cost, positively impacting customers.
Why is a bank more likely to offer you credit if you have a cosigner?
Answer:
Because a cosigner is another person who is also responsible for ensuring the loan is paid.
Explanation: A cosigner is a person who is signing on to the loan and by doing so, they are jointly taking on responsibility for repayment of the loan. So basically loan repayment is being guaranteed by the person taking out the loan and the cosigner.
You are 20 years old and have completed your BBA and want to pursue further education but you don’t want to take money from your father. Your plan is to start working and earn enough money so that you can finance your degree on your own and get yourself enrolled in five years’ time. You estimate that the annual cost of doing an MBA 5 years from today will be PKR 400,000 and the program will be two years long. You will need the money at the beginning your program so that you are not worried about how to clear your dues during your studies. Luckily you go for a job interview and they hire you and you start working at a salary of PKR 25,000. So you decide that 50% you will deposit in a saving account at a 10% rate with monthly compounding for your further studies and the remaining amount you will use for your daily expenses.
1. Will you be able to meet your goal at this current saving rate?
2. What percentage of your salary should you save if you want to have exactly your university expenses amount?
3. How would your answer to part 1 change if the saving account rate changed to 5%?Comment on your answer.
4. If you are given an option to invest at the 10% saving rate with monthly compounding or 10.5% semiannual compounding, which would you chose? Explain your answer.
Answer:
1. Will you be able to meet your goal at this current saving rate?
yes, you will even have some spare moneyannual cost of MBA = 400,000 x 2 years = 800,000
monthly salary = 25,000 and you will deposit 12,500
ordinary annuity, 0.8333%, 59 periods (5 years - 1 month) = 75.80535
the future value of your account = 12,500 x 75.80535 = 947,566.88 which is more than the cost of the MBA
2. What percentage of your salary should you save if you want to have exactly your university expenses amount?
42.2138%800,000 / 75.80535 = 10,553.34
10,553.34 / 25,000 = 0.422138 = 42.2138%
3. How would your answer to part 1 change if the saving account rate changed to 5%?
actually you still have more money than what you need even if the interest rate falls to 5%, so you can still take your MBAmonthly salary = 25,000 and you will deposit 12,500
ordinary annuity, 0.41666%, 59 periods (5 years - 1 month) = 66.72805
the future value of your account = 12,500 x 66.72805 = 834,100.63 which is more than the cost of the MBA
4. If you are given an option to invest at the 10% saving rate with monthly compounding or 10.5% semiannual compounding, which would you chose?
I would choose the 10.5% semiannual compounding because the effective interest rate is higher.the effective interest rate of investing at 10% compounded monthly = (1 + 10%/12)¹² - 1 = 10.47%
the effective interest rate of investing at 10.5% compounded semiannually = (1 + 10.5%/2)² - 1 = 10.77%
Better managing a daily scheduler through effective time management can reduce stress on the job.
Answer:
Good time management is essential if you are to handle a heavy workload without excessive stress. Time management helps you to reduce long-term stress by giving you direction when you have too much work to do. It puts you in control of where you are going and helps you to increase your productivity
Answer:
it helps put your daily life at relief
Explanation:
A company created its own social media space called The Lounge, which included an interactive website withcontests and forums for customers to talk about their own experiences with the company's products.Which of the following does this scenario illustrate?Business brandingViral marketingProduct differentiationMarket segmentation
A company created its own social media space called The Lounge, which included an interactive website .This scenario illustrate viral marketing.
What is viral marketing?
A deals strategy known as viral marketing relies on organic or word- of- mouth advertising to circulate information about a good or service at an accelerating rate. The frequency of viral dispatches in the form of memes, shares, likes, and forwards has significantly increased since the development of social media and the internet.
What components of viral marketing are crucial?
A viral marketing campaign is, in theory, incredibly easy to implement. You produce charming material for your target followership, upload it to the internet, and spread the word about it. The only thing left to do at that point is wait for the fuse to fire and for consumers to begin sharing wildly.
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