Billy has chosen to purchase a new vehicle. the vehicle costs $15,000. his apr is 10% and he will be financing the vehicle for 36 months. S he has to pay each month for his new vehicle is $484.01.
Annuity = Annuity * [(1 - (1 / (1 + r)n)]/r
Sum of $15,000 equals Annuity * [0.25826029636 / 0]
150.00 = Annuity * 30.9912355755 Annuity = 150.00 / 30.9912355755 Annuity = 484.0000808061 or 484.000078
The process of raising money or capital for any kind of expenditure is referred to as financing.
financing is crucial to bolstering business finances because it enables organizations to take risks and develop.
A purchase is the act of receiving products or services in return for cash or another form of payment. Typically, cash or credit is used for payment. A purchase might also be made in exchange for taking on a liability or as part of a barter exchange involving the exchange of various non-cash assets.
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1. Describe how SaksFirst builds loyalty for Saks Fifth Avenue.
SaksFirst built loyalty for Saks Fifth Avenue by broadening its reach and offering more benefits like:
free membership for cardholders without minimum spending earning points toward SaksFirst card with first purchases and free shipping from Saks stores.How do brands build loyalty?Customers only continue to buy or patronize a brand if they feel they can trust the company, this is brand loyalty. Loyalty can be achieved through engaging customers, being reliable, keeping the price reasonable and incentives.
In the case of SaksFirst, they built loyalty by offering free memberships to Saks Fifth avenue customers, giving points for first card purchase and free shipping.
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question content area each document in the cost ledger of a service business is called a a.materials requisition b.job cost sheet c.finished goods sheet d.stock record
Question content area each document in the cost ledger of a service business is called job cost sheet.
Which expense ledger document is referred to as a?A task cost sheet is the name of each document in the cost ledger. Work being done: 1 balance equals 275000.
What is recorded in the cost ledger?The cost account's main ledger is the cost ledger. It is comparable to the main ledger in financial accounting and contains all impersonal accounts. The main advantages of cost ledgers are that they provide a summarized record of expenses in several ledgers, making it easier to manage material, labor, and overhead costs.
Which of the following qualifies as a job order cost system feature?It does not have the characteristics of a job order costing system; instead, it accumulates expenses for each department inside the factory.
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the price of peaches is $2.29 per pound on monday. on thursday, the price of peaches goes to $2.79 per pound. : What changes: D or Qd?
The price of peaches is $2.29 per pound on Monday. On Thursday, the price of peaches goes to $2.79 per pound. Qd will change.
What is demand in an economy?
Demand refers to the desire and willingness of consumers to purchase a product or service at a particular time or date. Consumers must also be able to pay for what they want or need, within their disposable income budget. Therefore, demand is a force influencing economic growth and market expansion.
What is the quantity demanded ?Quantity demanded is a term used in economics to describe the total quantity of a good or service demanded by consumers in a given time period. It depends on the price of the good or service in the market, whether the market is in equilibrium or not.
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ed's boss reports that he can predict which days ed is going to make a scene at work, based on how he greets everyone when he arrives. this indicates a(n) is probably in effect.
Ed's boss reports that he can predict which day Ed will make a fuss at work, based on how he greets everyone when he arrives. this indicates the establishment operation may apply.
Even though you basically work for yourself, that doesn't mean you work alone when you're in the office. You will meet and work with many people. It is not uncommon to have to work in teams for certain projects.
With that much interaction with coworkers, it's natural to sometimes have different opinions and get into trouble. If this happens, as much as possible resolve it as an adult and do not invite a commotion in the office. One of them is through joint discussion.
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a monopolistically competitive firm maximizes profit in the short run by producing where group of answer choices price is greater than marginal cost. price is less than marginal revenue. price is less than average revenue. price is less than marginal cost.
A monopolistically competitive company optimises profits or minimises losses in the short run by producing the amount where marginal revenue equals marginal cost. The company will make an economic profit if the average total cost is lower than the market price.
How do monopolistic businesses generate profits over the short and long terms?
To maximise profits or reduce losses, a company in monopolistic competition produces the quantity at the point when marginal revenue equals marginal cost. The company will turn a profit if the equivalent.
The output level that guarantees the marginal cost (MC) matches the marginal revenue (MR) connected to the demand curve results in the most lucrative pricing for the monopoly.
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carver inc. purchased a building and the land on which the building is situated for a total cost of $813,900 cash. the land was appraised at $177,837 and the building at $758,148. required what is the accounting term for this type of acquisition? determine the amount of the purchase cost to allocate to the land and the amount to allocate to the building. would the company recognize a gain on the purchase? record the purchase in a horizontal statements model.
The company recognize a gain on the purchase of 77% to record the purchase in a horizontal statements model .
Land and buildings refer to all properties located inside an economy, with the exception of those controlled by foreign governments (such as embassies), which are customarily regarded as inhabitants' properties.
When numerous assets are purchased for a single cost, this is known as a lump-sum buy. Each asset must be documented separately as a fixed asset in the accounting records; to do this, the purchase price is divided among the numerous acquired assets based on their fair market values.
Computation:
Land $231147/1004985 * 873900
Building $773838/1004985 * 873900
Allocation cost
$200,997
$672903
Calculate the percentage of each component as follows:
Percentage of Land = Cost of land/Total appraised value x100
= $231,147/ ($231.147+$773.838)
= 23%
= Percentage of Building = Cost of Building/Total appraised value x100
= $773,838/ ($231,147+$773,838)
= 77%
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the degree to which members of a team differ from one another is referred to as team multiple choice question. diversity. interdependence. viability. composition.
Diversity refers to the degree to which team members differ from one another. Here option A is the correct answer
Diversity refers to a spectrum of individuals with different racial, ethnic, socioeconomic, and cultural backgrounds as well as different lives, backgrounds, and interests.
Multiple advantages exist for human growth in a diverse setting. It can assist in dispelling old misconceptions in addition to helping people become more welcoming and knowledgeable of other cultures. Because of the exponentially increased capacity for learning from and growing alongside one another, diversity and inclusion foster productivity.
Every country, every culture, and every single person see the world from a different angle. Every culture, country, and individual also has unique information, viewpoints, and points of view.
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What economics topics will i find in the end of year exams. Help anyone.plese hell
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oded doesn't have to wait until his annual review to know if he is performing his job well. if he isn't, the product is fatally flawed and never makes it to the next stage of development. this describes the job characteristic of
This describes the job characteristic of feedback.
The job characteristics model (JCM) is a theory that focuses on five fundamental job qualities that are essential for individuals to succeed in their positions. The job characteristics model can assist managers and those working in human resources in improving the workplace environment for their coworkers or employees.
The JCM lists feedback as a fundamental job requirement. As a result, it's critical for businesses to provide feedback to their workforce. Employees who receive feedback tend to be more confident and perform better at work. Additionally, when employees get constructive criticism, they are more likely to feel inspired to keep improving at work.
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solutions inc. signs a 10-year lease for a building owned by property inc. that is appropriately classified as an operating lease by both the lessee and lessor. lease payments are $150,000 per year. the building has an estimated useful life of 30 years with no salvage value. assuming that the building has a fair value of $2,000,000 at the commencement of the lease, what amounts would property inc. recognize in its income statement (ignoring taxes) for the year ended december 31? assume that property inc. is using the straight-line method to depreciate buildings.
Cost of the lease: 150,000
The term "lessee" refers to the individual who is entitled to use the leased property.A lessor, who owns the asset, gives property or equipment to a lessee.The lessor must be reimbursed for the lease amount by the lessee.
Over the course of ten years, the real estate broker's fee ought to be capitalized and amortized equally.
Who is known as a lessee?
A person who rents land or other property from a lessor is called a lessee.The lessee, who is also referred to as the "tenant," is responsible for adhering to specific legal and contractual obligations.The lessee may face eviction if they break the terms of the lease, which is a legally binding document.
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patton is the hr manager for shady lane manufacturing. he knows there is often a lot of dust particles floating around the assembly line due to the production process. how can he ensure that the company is compliant with osha requirements?
In order to protect the workers' health, OSHA mandates that respirators or filters be provided if the dust particles are dangerous and present in large quantities.
What is an advantage of hiring contingent workers ?
Flexibility and cost savings are the two main advantages of hiring contingent labor versus core personnel. Contingent workers, also known as independent contractors, contract workers, freelancers, gig workers, consultants, temporary talent, or remote workers, are non-permanent, outsourced employees. Since they are not core employees, contingent workers are not handled according to a conventional employment paradigm.
While a contingent worker may work on-site or remotely, after their contract expires or the project they were employed for is over, the employer is not obligated to continue hiring them or to pay them on a permanent basis. Because they are not core employees, employers only hire contingent workers for temporary, permanent, or project-based positions.
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a stock has an expected return of 14.8 percent, the risk-free rate is 5.8 percent, and the market risk premium is 7.5 percent. what must the beta of this stock be?
The profit or loss an investor can anticipate realizing from an investment is known as the expected return. Calculating an expected return involves multiplying possible outcomes by their likelihood before adding the results. Return expectations cannot be ensured.
The expected return on investment, or ER, is what investors hope to make. For instance, if a bond pays the maximum return when it matures, it may be the ER on the bond.
Using CAPM, the return is calculated as follows: return = risk-free rate + beta*risk premium (14.8 = 5.8+B*7.5 Beta,B = 14.8-5.8)/7.5 = 1.2
The return an investor anticipates receiving from a single investment or a portfolio of investments is known as the expected return on investment. This assumed return is neither a certainty or an assured result because it is based on the idea of chance.
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sadie received $60,000 of compensation from her employer and she received $500 of interest from a corporate bond. what is the amount of sadie's gross income from these items? a) $0 b) $500 c) $60,000 d) $60,500
According to the given information, the amount of sadie's gross income from these items is $ 60,500.
Amount received from the employer as compensation = $ 60,600
Interest received from the corporate bond = $ 500 is not a salaey
income, this is an investment income
So Salary income = $ 60,500
An individual's total earnings before taxes or other deductions are referred to as their gross income, or gross pay when it appears on a paycheck. This covers all sources of income, not just employment-related income, and is not restricted to income received in cash; it also covers property or services received.Gross income, gross margin, and gross profit are all synonyms for businesses. The revenue from all sources less the company's cost of goods sold equals a company's gross income, which can be found on the income statement.Learn more about Gross income, here
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suppose that the economy pictured above is currently operating at the intersection of as and ad2, and that the full employment level of output is y. if contractionary fiscal policy and accompanying multiplier effects move aggregate demand from ad2 to ad1, what will be the effect on real gdp and the price level assuming the ratchet effect occurs?
Real GDP will fall to X and the price level will remain unchanged, assuming a ratchet effect occurs.
A price is the amount of money that one party pays another in exchange for goods or services; it is typically not negative. The cost of production can take on different names depending on the circumstance. The price of a product is the amount that customers are willing to spend. Marketers must relate the price to the product's actual and perceived value. Gross domestic product (GDP) is a monetary indicator of the market value of all finished goods and services produced and distributed by nations during a given time period. Gross domestic product (GDP) is the accepted unit of measurement for the value added produced by the production of goods and services in a nation over a specific time period.
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fargus corporation owned 51% of the voting common stock of sanatee, inc. the parents interest was acquired several years ago on the date that the subsidiary was formed. what consolidation entry would be recorded in connection with these intra-entity bonds on december 31, 2022
Consolidation entry would be recorded in connection with these intra-entity bonds on December 31, 2022 In good form, prepare amortization schedules through December 31, 2015 for both the parent and subsidiary, rounding all figures to the nearest dollar.
Closing consolidates the financial transactions of the parent company and its subsidiaries and eliminates necessary transactions to avoid data duplication.
When using the consolidation method, it is necessary to identify, reconcile, and exclude intercompany transactions between the parent and subsidiaries to ensure that the parent's financial records accurately reflect the entity's financial position. there is.
A consolidation is a combination of the assets, liabilities and other financial items of two or more entities into one. In financial accounting, the term consolidation often refers to the consolidation of financial statements in which all subsidiaries are under the umbrella of the parent company.
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a food distributor sells canned vegetables by the case to grocery stores. it offers discounts of 10 percent on orders of more than 20 cases, and 20 percent on orders of more than 50. this is an example of a
"A food distributor sells canned vegetables by the case to grocery stores. it offers discounts of 10 percent on orders of more than 20 cases, and 20 percent on orders of more than 50, is an example of Quantity Discount."
A quantity discount is a promotion given to a customer that lowers the price per unit of goods or materials when more of them are purchased. Sellers frequently provide a quantity discount to persuade buyers to make more significant purchases.
Manufacturers typically give bulk or large-quantity purchasers discounts. Due to the businesses' ability to help customers save more money, this motivates customers to make larger purchases. Typically, bulk orders from manufacturers are placed by merchants.
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if the government increases taxes, what happens to the price index and the actual real gdp holding all else constant? group of answer choices in this case, the price index decreases and the actual real gdp decreases. in this case, the price index increases and the actual real gdp increases. in this case, the price index increases and the actual real gdp decreases. in this case, the price index decreases and the actual real gdp increases.
The ability to track the Gross Domestic Product's (GDP) growth over time, or lack thereof, is one of the main advantages of doing so. However, since prices are based on the money supply, which varies independently of GDP from year to year
The GDP measured by actual prices, which are not prorated for inflation, is known as nominal GDP. To accurately compare the economic output of one year to another, the real GDP measures output in constant dollars. Even if the real GDP remained constant, since prices fluctuate annually, GDP would as well.Similar to how the Consumer Price Index (CPI) is calculated using information gathered by the government, the GDP deflator is based on a GDP price index. Compared to the CPI, the GDP index covers a much wider range of goods and services, including those purchased by businesses. The GDP index includes capital goods, government purchases, as well as goods and services that are traded internationally, whereas the CPI only includes consumer goods and services.
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in the management in action case, the potential bonus that arkansas authorities would provide medical workers during the pandemic is an example of a(n) reward
The possible bonus that Arkansas authorities might offer medical professionals during the epidemic is an example of an extrinsic incentive in the management in action instance. Thus, the right answer is Extrinsic.
What is Extrinsic?Extrinsic motivation is motivation fueled by external benefits. These might be material, like money or grades, or intangible, like acclaim or renown. Unlike intrinsic motivation, which comes from inside the individual, extrinsic motivation is only motivated by external incentives. Extrinsic motivation can be achieved through high salaries, periodic pay raises, promotions, and cash bonuses.
Extrinsic motivation may be classified into four types: external regulation, introjected regulation, identification, and integrated regulation.
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rhiannon estimates that the fixed costs associated with opening her new tax preparation service are $100,000. she expects the service to attract 500 new customers in the first year, each of whom will cost her $25 to serve. susanna expects to generate $50,000 per year in revenue. her total cost of opening the service and staying in business for one year will be
Her total cost of opening the service and staying in business for one year will be $100,000
What is business ?Business is the act of making a living or making money by manufacturing or buying and selling products. It is also "any activity or business carried on for profit." The existence of a company name does not separate the entity from its owner. In other words, the company owner is responsible and liable for the debt incurred by the company. If the company acquires debt, the creditor can trace the owner's personal belongings. Owners are personally taxed on all income from the company. The term is also often used colloquially (but not by lawyers or public officials) to refer to companies that Corporation or Cooperative. A corporation is a separate legal entity, unlike a sole proprietorship or partnership, which provides limited liability to its owners/members and is subject to corporate tax rates. Public companies are more complex and costly to set up, but offer more protections and profit to their owners/members.To learn more about business from the given link ;
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If a consumer makes monthly payments of $250 to pay off a car loan, what type of credit is she using?.
She is using non-revolving credit if a consumer is making monthly payments of $250 to pay off a car loan.
Non-revolving credit is a type of credit that includes loans like student loans, personal loans, and mortgages that you repay in one single payment. In contrast to revolving debt, you are not continuously adding to the debt's original balance. You are no longer obligated to the creditor once the loan is repaid.
Non-revolving credit often has a fixed payback schedule and lower interest rates because it is typically used for a particular purpose, like a college or car loan.
With non-revolving credit, you might have more purchasing power because you can be approved for larger sums of money based on your credit score and other variables.
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marketing research needs to be an ongoing process at a firm since changes in the marketplace and among consumers is a continuous process.
Since customer and market trends are constantly changing, marketing research needs to be a continual activity at a company, true.
What exactly is market research?Marketing research is the procedure used by a firm to obtain data on its target market and ideal customer in order to inform its go-to-market strategy. Data collecting for this study may involve talking to existing or past clients, consumers in your target market, or even the marketing efforts of rivals.
A business benefits from marketing research when it learns what customers like and hate about a product or service as well as what they claim they want. These insights can significantly influence a business's decision-making and are available in both quantitative and qualitative forms.
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which of the following statements concerning activity-based management is true? select one: a. activity-based management is concerned with maximizing the value of activities. b. activity-based management is concerned with minimizing the cost of activities. c. activity-based management is concerned with improving processes. d. all of the above statements are true.
The correct answer is option D. All the statements about activity-based management are true.
The goal of activity-based management is to maximize the value of activities. The goal of activity-based management is to keep activity expenses as low as possible. The goal of activity-based management is to improve processes.
ABM is a method of determining a company's profitability by reviewing each aspect of its operations to identify strengths and weaknesses. ABM is used to help management determine which areas of the firm are losing money so that they can be rectified or removed completely.
ABM is a method of examining and evaluating a company's business activities using activity-based costing and value-chain analysis. In other words, the ABM approach is used to compare the cost of an activity to the value delivered by the activity, with the purpose of improving operational and/or strategic performance.
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in 2008, the price of houses fell dramatically across the country. as a result, the wealth of most households fell substantially. how would we model the effect of this using the as/ad model?
The curve, also in mathematics known as a curved line in theoretical and implemented mathematics texts is a mathematical object similar or distinctive to the axial immediately aircraft traces, the curved line is not a straight line however may be a characteristic, or the curved line may be a part of a nonstraight aircraft (non-rectangular item), or a part of a sphere or round object, or a curved plane, etc., and there too is distinct (it is "now not contrary", ie no longer perpendicular or parallel) to directly strains which might be a part of directly planes however for some functions can be projected to a straight aircraft into instant planes.
In axial spheres and curved spherical items, strains can outline "the geometry of the item
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which u.s. department of veterans affairs program allows a veteran to refinance a conventional loan to a va loan?
VA streamline is the program allows a veteran to refinance a conventional loan to a VA loan.
Conventional loan:
Conventional loan means any mortgage loan that is not insured or guaranteed by the government.
Given,
Here we need to find in which US department of veterans affairs program allows a veteran to refinance a conventional loan to a VA loan.
The process called VA streamline allows a qualified borrower to refinance to a lower interest rate at less cost and with less paperwork compared to what was originally required for the conventional loan.
So, the answer for this one is VA streamline.
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how many additional days are brokers given to provide the seller notice from the attorney holding the escrow funds that the deposit was either received or not received?
The Broker is required to reconcile every escrow account within ten days of receipt of the month-to-month bank statement.
How lengthy ought to brokers continue deposits and different escrow money in Florida?Each broking shall retain at least one legible replica of all books, accounts, and archives pertaining to her or his real property brokerage business for at least 5 years from the date of receipt of any money, fund, deposit, check, or draft entrusted to the dealer or, in the event no dollars are entrusted to the broker
How lengthy is the escrow length in Florida?The duration that you are "in escrow" is often 30 days, but may additionally be longer or shorter. During this time, each item distinct in the contract need to be performed satisfactorily. By the time you have opened escrow, you have come to an agreement with the seller on the closing date and the contingencies.
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https://brainly.com/question/28104352#SPJ4large warehouse-style grocery chains are able to offer lower prices due to having lower average costs. this is thanks to
large warehouse-style grocery chains are able to offer lower prices due to having lower average costs. this is thanks to Bulk Buying.
Mass buying, often known as bulk buying, is the practice of purchasing something in significantly larger numbers than usual at a discount from the going rate per unit.
Selling products in bulk to retail merchants at low unit costs is known as wholesaling. If the retailer agrees to buy a considerably larger number of units, the wholesaler will accept a somewhat lower sales price per unit in order to maximize profit. Typically, a wholesaler represents a manufacturing facility. As the volume of products sold rises, the factory owners can leverage economies of scale to boost profits.
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metro holding company agrees to sell a vacant lot to new town property llc. the contract provides that if metro does not close the deal by october 15, it must pay new town one-half of the contract price. this provision is not enforceable because it is
The Metro Holding Company agrees to sell a vacant lot to New Town Property LLC. If the deal is not finished by October 15, Metro is required by the contract to pay New Town half of the agreed-upon amount. This clause is unenforceable since it contains a penalty provision.
An example of a penalty clauseA penalty clause is a provision in a contract that establishes disproportionately high liquidated damages as punishment for breaching the terms as opposed to an accurate prediction of the harm the violation would result in.
What wording should be used in a penalty provision to make it enforceable?Make sure that the innocent party fulfills the principal responsibility in a way that is appropriate for any legitimate interests that may be present.
Check to see if there is a true estimation of
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the wage elasticity of labor demand calculation is group of answer choices the % change in wage divided by the % change in quantity of labor demanded. the % change in quantity of labor supplied divided by the % change in wage. the % change in quantity of labor demanded divided by the % change in wage.
The ratio between the percentage change in the amount of work demanded divided by the percentage change in salary makes this choice accurate.
What formula is used to solve for the demand for labor's wage elasticity?The sensitivity of employment to a change in wage rates is measured by the wage elasticity of demand for labor. The equation is % change in wage growth / % change in labor demand.
What formula is used to determine the wage elasticity of the labor demand curve?If output is held constant, the replacement impact (elasticity) is given by ii = (% Ei) / (% Wi). The relationship between labor demand and wage growth is such that it is inversely proportional to the degree of labor demand elasticity.
What is the labor demand's own-wage elasticity measuring?The elasticity of the labor market assesses how responsively the demand for labor is to changes in wage rates. In the short term, rather than in the long term, the demand for labor will be more inelastic.
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what is the primary business advantage of using email? group of answer choices increasing the speed of order entry. increasing the number of computers required in an office. providing the ability to inform and communicate with many people simultaneously, immediately, and with ease. providing the ability to have friends all over the globe.
Providing the ability to inform and communicate with many people simultaneously, immediately, and with ease is the primary business advantage of using email.
What is the primary benefit of emailing?
One of the key benefits of email is that you can send electronic things, like text documents, pictures, and data sheets, quickly and conveniently to several people at once by attaching the file to an email. Ascertain whether there is a size restriction on the email attachments you can send by contacting your internet service provider.
One of the key benefits of email is that you can send electronic things, like text documents, pictures, and data sheets, quickly and conveniently to several people at once by attaching the file to an email. Ascertain whether there is a size restriction on the email attachments you can send by contacting your internet service provider.
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if an advertising campaign is aimed at increasing brand awareness and consumers' knowledge of a product's features, the advertising objective should be stated in terms of group of answer choices
If an advertising campaign is aimed at increasing brand awareness and consumers' knowledge of a product's features, the advertising objective should be persuasive advertising.
Consumers' preferences and interests are used by persuasive advertising to persuade them to buy a good or service. This type of advertising frequently emphasizes the advantages the product or service can provide the consumer.
Without being overly educated and informational, persuasive advertising can help you pique the curiosity of your primary target audiences and persuade them to try your product.
When used effectively, persuasive advertising may significantly increase brand loyalty and appeal to a wider audience. We'll discuss persuasive advertising in this article and explain how it differs from other digital advertising strategies.
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