Josh is walking to ben hill griffin stadium on gameday when a coca-cola representative offers him and his friends free cans of their new and improved cherry coke. what element of the promotional mix is coca-cola using?
Coca-cola is using is the sales promotion strategy of the promotional mix.
Further Explanation:
Promotional Mix: It is a marketing plan that is aimed at gaining the attention of the target market to enhance sales.The promotional mix consist of the following elements:
• Advertising: It is a form of communication that uses sponsored, non-personal messages to sell or promote a service, product, or idea. The media that is used in advertising is magazines,radio, newspapers, outdoor advertising, television, blogs, websites, social media, or text message.
• Direct marketing: It is marketing communicating where a company communicates directly to a selected customer.
• Personal Selling: It involves the use of salesperson to sell their product directly to the consumer.
• Sales Promotion: The communication channels that are used include media and non-media to increase the demand in the market. Examples include rebates, freebies, coupons, loss leaders, prizes, premiums, and product samples.
Thus, Josh is walking to ben hill griffin stadium on gameday when a coca-cola representative offers him, and his friend's free cans of their new and improved cherry coke is an example of sales promotion.
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Answer details:
Grade: Middle School
Subject: Marketing
Chapter: Promotion mix
Keywords: Promotional mix, coca-cola, Sales Promotion, Advertising, Direct marketing, Sales Promotion, Personal Selling.
How might increasing the level of government transfers reduce the size of the economic pie? check all that apply. people may devote more time and energy to avoidance of taxes necessary to finance increased transfer payments. increased transfer payments may divert productive resources into producing more goods and services. higher taxes may be necessary to finance increased transfer payments, leading to a reduction in hours worked because of a decrease in the reward for productive activity?
When government increases the level of government transfers, it have to mobilize additional resources. This mobilization of additional resources induces the government to raise taxes or borrow more. Higher borrowing, at present, also translates in to higher taxes albeit in future time period.
So, government has to resort to tax increase in order to increase the level of government transfer.
However, such higher taxes induce the workers to work less as they realize that their productive endeavors in face of tax increase is not culminating in enough rewards.
Secondly, as taxes rise, people resort to ways that can help them in avoiding higher taxes. This means instead of devoting resources for productive uses they utilize them for unproductive or rent-seeking (tax avoidance) activities.
Both these consequences of higher taxes results in lower production and shrinking of economic pie.
Hence the answers are 1) Higher taxes may be necessary to finance increased transfer payments, leading to a reduction in hours worked because of a decrease in the reward for productive activity. and 2) Greater transfer activity diverts productive resources into rent-seeking activity.
In an economy, people try to reduce their tax liability to the extent it is possible, so they try to devote their time and energy to find out the ways to reduce their tax liability. Moreover, if they are not able to reduce their tax liability then they think of how they can fit into the category of people who qualify for those transfer payments and thus resulting in the reduction of the economic pie.
Further Explanation:
Transfer payments might reduce the size of the economic pie in different ways
People may devote more time and energy to avoidance of taxes necessary to finance increased transfer payments:
It is in the nature of human beings to pay less and gain more, but sometimes that cannot be good for an economy. When the government tries to redistribute its income from taxes by way of transfer payments, people of the economy think that “why their hard-earned money is going to be transferred to someone else by way of taxes.” This is the main reason why people try to find out the loopholes in the laws of income tax so that they can avoid paying tax and devotes most of their time in finding these loopholes in the economy. This avoidance of tax can lead to the great plunge in the economic pie.
Increased transfer payments may divert productive resources into producing more goods and services:
An increase in the transfer payments of a country may lead to an increase in the rent-seeking activities of the individuals. In other words, people try to find out how they can fit into that segment of individuals who are going to gain from these transfer payments as it will be the only way to get their money back from the government. Since tax avoidance is illegal in every country, which leads the people of an economy to this way of getting their money back and some people do gets fit into this segment of the economy and eventually result in decline in the economic wealth.
Higher taxes may be necessary to finance increased transfer payments, leading to a reduction in hours worked because of a decrease in the reward for productive activity:
It is true that if not in the present then in future there will be a need for increased taxes to funds those transfer payments. Since the government is going to charge more from the remuneration earned by people by providing goods and services which will have an effect of negative externalities in an economy. Due to the negative externalities, people will try to deliver lesser goods and services as compared to when they were delivering more thus resulting in decreased production of goods and services in an economy. This is called “the deadweight loss” which means resulting in the loss of consumer and producer surplus. For this benefit-cost analysis is done to ensure that the social welfare gains from the particular transfer payments exceed the deadweight loss of taxes required to fund these transfer payments.
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Answer details:
Grade: Senior School
Subject: Macro Economics
Chapter: Transfer Payments
Keywords: Economic pie, transfer payments, reduction in tax, tax avoidance, reduction in working hours, the deadweight loss, benefit cost analysis, plunged economic pie, qualification for transfer payments.
Roger's organization received a mass email message that attempted to trick users into revealing their passwords by pretending to be a help desk representative. what category of social engineering is this an example of?
Records show that 5% of all college students are foreign students who also smoke. it is also known that 50% of all foreign college students smoke. what percent of the students at this university are foreign?
10 percent of the students at this university are foreign students calculated to the given information.
You can use the information provided to calculate the proportion of international students at the university.
Let's indicate:
F is the percentage of all students who are foreign students.
S as the percentage of all students who smoke.
FS is the percentage of foreign students who smoke.
From the information provided:
5% of all college students are foreign students who also smoke, which means
[tex]FS = 5\%[/tex]
50% of all foreign college students smoke, which means FS is also equal to 50% (or 0.50).
Now you can use this data to calculate F (the proportion of international students in the total student body). The knowledge that the proportion of all foreign students who smoke (FS) should be equal to the proportion of all foreign students (F) times the proportion of foreign students who smoke (50 percent, or 0.50), allows you to construct the following equation:
[tex]FS = F \times 0.50[/tex]
We already know that FS is 5%, so we can plug that in:
[tex]5\% = F \times 0.50[/tex]
Now, solve for F:
[tex]F = 5\% / 0.50\\F = 10\%[/tex]
Hence, at this university, 10 percent of the students are foreign.
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Final answer:
By using the given percentages and setting up an equation, it's determined that 10% of the students at the university are foreign students.
Explanation:
To find out what percent of the students at the university are foreign, we can use the given information that 5% of all college students are foreign students who also smoke, and that 50% of all foreign college students smoke. This situation can be represented with the equation 0.05 = 0.50 × x, where x represents the percentage of all students who are foreign students. Solving for x, we divide both sides of the equation by 0.50, giving us x = 0.10 or 10%. Therefore, 10% of the students at the university are foreign students.
Sealy, the largest manufacturer of mattresses in the u.s., recently set out to redefine its place in the bedrooms of america. no longer was it going to be associated as simply a mattress company. henceforth, the name sealy was going to be known as the world's leading "sleep wellness provider". this is an example of
The manager of brick company is given a bonus based on income before income taxes. net income, after taxes, is $5,600 for fifo and $4,900 for lifo. the tax rate is 30%. the bonus rate is 20%. how much higher is the manager's bonus if fifo is adopted instead of lifo?
1. Which of the following types of work do public service workers conduct?
a. They deliver services to people who need them.
b. They observe and analyze computer informational technology systems.
c. They conduct research for disease prevention.
d. They study the travel habits and patterns of tourists.
2. What type of person would enjoy a career in education?
a. Someone who enjoys working by himself.
b. Someone who enjoys working short hours and having summers off.
c. Someone who loves to work with others and help them learn new things.
d. Someone who is interested in advancing in his career field and becoming rich.
3. Which of the following careers is in the field of business and finance? Select all that apply. (only 2 of them apply)
a. architect
b. loan officer
c. marketing manager
d. systems administrator
4. Which of these people would be best suited for a career in the arts?
a. a creative person
b. an introvert
c. a logical person
d. a perfectionist
5. Which of these food industry jobs is classified as a food preparation career?
a. Bartender
b. Butcher
c. Maitre d'
d. Sous chef
Answer:
1) They deliver services to people who need them.
A public service worker is an employee of the government that their job is to provide good services to the general public for the good of the public.
2) Someone who loves to work with others and help them learn new things.
An educator is basically a person that guide a learner. To become an educator, one must be able to work with others and guide them into the right path of knowledge.
3) b) Loan officer c) marketing manager.
A loan officer is a person who works for a financial institution, CBA be a bank, mortgage company, etc that is specialised in the recommendation of loans to individuals and companies.
A marketing manager is an individual involved in the administration of a company or business marketing department.
4) a creative person
A creative person is a no brainer ehen it comes to art because art involves bringing into existence original things.
5) Bartender:. A food preparation worker is directly involved in the preparation of food under the supervision of a chef. A bartender is a good example of a job in the food preparation career as they are involved in the direct preparation of drinks.
All of these groups are considered losers when unanticipated inflation occurs EXCEPT:
Octavio wants to compare the gross national product for six different countries for the year 2016. the best way for him to display this information is with
If Octavio wants to compare the gross national product for six different countries for the year 2016, he can best show his information by combination charts. For example, you can combine a line chart or a bar chart that shows the gross national product (GNP) range with a column chart that shows GNP per country. The two variables are set as Y and X axis respectively.
To compare the Gross National Product for six countries, a bar graph or column chart would be the most effective as it allows for easy visual comparison. Each country would be represented by a bar, and the height or length of the bar would reflect the GNP.
Explanation:The best way for Octavio to display the comparison of the Gross National Product (GNP) for six different countries for the year 2016 would be using a bar graph or a column chart. These visual tools allow us to easily compare quantities across different categories, in this case, countries.
A bar or column chart's ease of interpretation is its biggest advantage. The length or height of the bars would represent the GNP, and each bar would represent a different country. This would allow for a quick visual comparison to see which countries have a higher or lower GNP. The countries (categories) would be along the x-axis and the GNP (values) would be along the y-axis.
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The dimension of process quality that can be most easily measured isâ ________.
a. speed
b. efficiency
c. information value
d. satisfaction
e. effectiveness
Starbucks is owns and operates most of its retail outlets; mcdonalds franchises most of its retail outlets. an advantage of franchising over vertical integration is:
The ppt slides suggest the use of control charts and using deming's ideas of quality control to help with the management of asthma. discuss how this works and why asthma patients who use this report feeling more in control of the disease.
Sophia just bought shares of stock in ibm for $20,000 and paid a $300 commission to her broker. how did this impact gdp?
What would you predict if you had first mixed the catalase (100%) in serial solutions of varying phs of 3, 5, 7, 9, 11? what would you predict would be optimum ph?
In reviewing discussions of life in developing countries, what is it about lifestyle in the low income countries compared w
Answer:
D
Explanation:
You and your friend work together for 4 hours to produce a total of 8 bookcases. what is productivity?
Productivity is the number of units produced by a person per a given unit of time.
Solution,
Given:
A -The number of bookcases produced – 8
B - Number of workers – 2
C -Number of hours spent to produce – 4
X – Productivity rate of one worker
X= A/B/C
X= 8/2/4
X= 1 bookcase/hour
Productivity is calculated by dividing the total output by the total input, which in this case is the number of bookcases produced per hour of work. With 8 bookcases made over 4 hours by 2 people, the productivity is 1 bookcase per hour.
The question posed is asking about the concept of productivity in a business or economic context.
Productivity in this scenario refers to the amount of output produced per unit of input, typically calculated as output per hour of labor.
When you and your friend work together for 4 hours to produce a total of 8 bookcases, the productivity would be the total number of bookcases produced divided by the total hours of work from both of you.
To calculate the productivity, you would use the formula:
Total Product (TP) = Output (Q) / Input (labor hours)TP = 8 bookcases / (4 hours times 2 people)TP = 8 bookcases / 8 hoursTP = 1 bookcase per hourYour productivity is 1 bookcase per hour. To understand the production capacity of each individual, you could use a spreadsheet to calculate the total number of goods produced by each person working alone all day.
The average noise level in a diner is 30 decibels with a standard deviation of 6 decibels. ninety-nine percent of the time, the noise level is below what value?
What is the part of a cover letter that lists the date of the letter, your contact information, and contact information of the company you're sending the letter to? A. Introduction B. Heading C. Closing D. Body
Answer:
The correct answer is letter "A": Introduction.
Explanation:
The introduction of a cover letter provides the reader with the identification and contact information of the sender. It also includes the date in which the document is being sent and before proceeding with the body, the name and address of the company to whom the letter is sent must be stated as well. The introduction in some cases is broken into two parts: the heading -where the contact details of the sender are shown, and the introduction itself where the date and company details are written.
Answer:
B is right ; put down A got that wrong
Explanation:
What is not a good practice for developing strong professional ethics?
Answer:
The correct answer is: not counting with a Code of Ethics.
Explanation:
A Code of Ethics is a collection of principles and guidelines an organization expects its employees to follow. These codes are important to organizations because they lay out the accepted rules for behavior. A code of ethics provides the expected conduct that professionals are to follow. The first step to developing strong professional ethics is establishing the Code of Ethics of an organization.
Karen runs a print shop that makes posters for large companies. it is a very competitive business. the market price is currently $1 per poster. she has fixed costs of $250. her variable costs are $1,000 for the first thousand posters, $800 for the second thousand, and then $750 for each additional thousand posters. instructions: round your answers to 3 decimal places.
a. what is her afc per poster (not per thousand!) if she prints 1,000 posters
When starbucks decided to expand into the international markets of india, japan, and argentina, management realized that there would be significant differences in the standards of living, credit, buying power, and income distribution in those countries. starbucks is currently examining the ____ forces in its environmental analysis?
True or false: the essential notion underlying strategic trade policy is imperfect competition.
_____ are outcomes of changes in the skills and equipment managers use to design, produce, or distribute goods and services.
Teller co. is planning to sell 900 boxes of ceramic tile, with production estimated at 870 boxes during may. each box of tile requires 44 pounds of clay mix and a quarter hour of direct labor. clay mix costs $0.40 per pound and employees of the company are paid $12.00 per hour. manufacturing overhead is applied at a rate of 110% of direct labor costs. teller has 3,900 pounds of clay mix in beginning inventory and wants to have 4,500 pounds in ending inventory. what is the total amount to be budgeted for direct labor for the month?
This detailed answer explains how to calculate the total amount budgeted for direct labor in a business scenario.
Calculation of Total Amount Budgeted for Direct Labor:
Calculate total direct labor hours required: 900 boxes * 0.25 hours per box = 225 hours
Find total direct labor cost: 225 hours * $12.00 per hour = $2,700
Apply manufacturing overhead: 110% of direct labor costs: 110% * $2,700 = $2,970
Total amount to be budgeted for direct labor for the month is $2,970.
If a person invests $100,000 now and receives $4,000 per quarter for 10 years, the nominal rate of return per year is nearest to:
Say the supply for labor increase in the industry you work. what field would you rather be: a field where the demand for labor is elastic or a field where the demand for labor is inelastic?
N industry consists of three firms with sales of $360,000, $650,000, and $265,000.
a. calculate the herfindahl-hirschman index (hhi)
Final answer:
The Herfindahl-Hirschman Index (HHI) for an industry consisting of three firms with sales of $360,000, $650,000, and $265,000 is calculated by squaring the market shares of each firm and summing these squares up, yielding an HHI of 3828.34.
Explanation:
The Herfindahl-Hirschman Index (HHI) is a measure used to calculate market concentration and to gauge the level of competition within an industry. To calculate the HHI for an industry consisting of three firms with sales of $360,000, $650,000, and $265,000, we first need to calculate the market shares of each firm, then square these market shares, and finally, sum them up.
We begin by adding the sales of all firms to determine the total market sales, which is $360,000 + $650,000 + $265,000 = $1,275,000. The market shares are then computed as follows: ($360,000 / $1,275,000) × 100 = 28.24% for the first firm, ($650,000 / $1,275,000) × 100 = 50.98% for the second firm, and ($265,000 / $1,275,000) × 100 = 20.78% for the third firm.
To obtain the HHI, we square each firm's market share and add them up: [tex](28.24)^2[/tex] + [tex](50.98)^2[/tex] + [tex](20.78)^2[/tex] = 796.93 + 2599.20 + 432.21 = 3828.34. So, the HHI for this industry is 3828.34.
Comparing this with Industry B which consists of 10 firms with equal market share, their market share is 10% each. Thus, the HHI for Industry B is 10 × [tex](10)^2[/tex] = 1000. This comparison indicates that Industry A is more concentrated than Industry B, as reflected by the higher HHI value.
gr8 marketing company and brainfreeze tunes, inc., sign a document that states gr8 agrees to create a marketing campaign for brainfreeze, which agrees to pay gr8 for the service. gr8 and brainfreeze have a quasi contract. an express contract. an executed contract. an implied contract.
Gr8 Marketing and Brain Freeze Tunes, Inc., is under an express contract. This is a kind of contract which has an exchange of assurances in which the terms by which the parties reach a decision to be certain are acknowledged either verbally or in writing, or a mixture of both, at the period it is created.
GR8 Marketing Company and Brainfreeze Tunes, Inc., have an express contract, which is a written or verbal agreement where the terms are explicitly stated by the parties involved.
Based on the description given, GR8 Marketing Company and Brainfreeze Tunes, Inc., have signed a document detailing their agreement. GR8 is to create a marketing campaign for Brainfreeze, and Brainfreeze agrees to pay GR8 for this service. This arrangement is classified as an express contract. An express contract is one where the terms and conditions are declared by the parties involved and can be written or spoken.
It is different from a quasi-contract, which is not a true contract but is imposed by law to prevent unjust enrichment, or an implied contract, which is inferred from the actions or circumstances of the parties. It is also not an executed contract which refers to a contract that has been fully performed by all parties. In this case, the terms are straightforward and explicitly stated on a document, meeting the definition of an express contract.
One characteristic that is important to consider in social network theory is reciprocity of relationships.
The domination of organizations by a small, self-perpetuating elite is called ________. the thomas theorem the protestant ethic the iron law of oligarchy the spirit of capitalism