Answer:
The impact of the transactions on the accounting equation, Assets = Liabilities + Equity, is as follows:
Paid monthly note payment to bank:
Impact 1: Assets (Cash) decreases
Impact 2: Liabilities (Bank Loan) decreases
Sold inventory on account:
Impact 1: Assets (Accounts Receivable) increases
Impact 2: Equity (Revenue) increases
Bought supplies, to be paid for next month:
Impact 1: Assets (Supplies) increases
Impact 2: Liabilities (Accounts Payable) increases
Received cash from sales this month:
Impact 1: Assets (Cash) increases
Impact 2: Equity (Revenue) increases
Paid for inventory purchased on account last month:
Impact 1: Assets (Cash) decreases
Impact 2: Liabilities (Accounts Payable) decreases
It is important to note that for each transaction, one side of the equation must increase and the other side must decrease in order to keep the equation in balance.
Explanation:
a diner is deciding whether to use its own ingredients to prepare meals or purchase frozen prepared items from a supplier. this is an example of a (n) .
The answer is make or buy decision, a diner is deciding whether to use its own ingredients to prepare meals or purchase frozen prepared items from a supplier. this is an example of a make or buy decision.
What does the term "buy" mean in accounting?Definition. The value of all products and services purchased during the accounting period for resale or consumption during the manufacturing process is included in purchases of goods and services, with the exception of capital goods, the consumption of which is recorded as consumption of fixed capital.
What does a business buy?The method a company or organization employs to obtain the products or services it needs to reach its objectives is known as purchasing. The purchasing process might differ significantly amongst businesses, despite the fact that many organizations make an effort to establish standards.
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helmuth inc's latest net income was $1,410,000, and it had 225,000 shares outstanding. the company wants to pay out 45% of its income. what dividend per share should it declare? do not round your intermediate calculations.
There were 225,000 shares issued and $1,500,000 in net profits last year for Helmuth Inc. The corporation will allocate 45% of its income to its owners. A dividend of $2.82 per share is appropriate.
Dividend payout ratio: What is it?
The percentage of a company's total net income that is paid out to shareholders as dividends is quantified by the dividend payout ratio (DPR). In other words, the dividend payout ratio figures out what percentage of net income is distributed to shareholders in the form of dividends.
How many Shares currently exist?Shares outstanding are the equity in a company that investors own and that is traded publicly. This includes, in addition to individual shareholders, restricted shares held by a company's officers and institutional investors. On the balance sheet of a corporation, they are listed as capital stock.
First, we must use the dividend pay out ratio, which is displayed below, to calculate the dividend per share:
Dividend = Net income × Dividend payout ratio
= $1,410,000 × 45%
= $634,500
The current dividend per share would be
Dividend per share = (Total dividend) ÷ (no. of shares)
= ($634,500) ÷ (225,000 shares)
= $2.82 per share
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the primary activity of sales and marketing is the collection, storage, and physical distribution of the products to the buyers. group of answer choices true false
The answer is true. The primary responsibility of sales and marketing is to physically collect, store, and distribute the products to customers. Customer service is focused with encouraging customers to buy the product and giving them a way to do so along the value chain.
Gathering, storing, and physically distributing the products to customers is the main task of sales and marketing. Customer service is focused with encouraging customers to buy the product marketing and giving them a way to do so along the value chain.
A wholesaler's marketing main activity is to purchase items in bulk, store them, and frequently handle them physically before Customer reselling them (typically in lesser amounts) to shops, businesses, or other industrial or commercial users.
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which of the following value chain activities involves collecting, storing, and physically distributing the product to buyers? group of answer choices sales and marketing outbound logistics customer service inbound logistics operations
Outbound Logistics involves collecting, storing, and physically distributing the product to buyers. The correct option is B.
The demand side of the supply-demand relationship is the main focus of outbound logistics. The procedure entails the storage and delivery of commodities to the consumer or final user. Order fulfilment, packing, shipping, delivery, and customer assistance connected to delivery are among the phases.
Outbound logistics, on the other hand, carry finished products from a business to the end user or consumer. Inbound logistics operations move inventories, raw materials, or supplies from a supplier to a firm.
When a prospective client or lead contacts your company to inquire about a good or service, this is known as inbound sales. Outbound sales happen when a sales representative contacts a potential client who hasn't yet expressed interest in a good or service that the company provides.
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you invest $100 that promises to pay 15 percent simple interest each year for 5 years. what is the future value of the investment?
The future value of an investment is the amount that it will be worth after a certain period of time, taking into account interest earned. In this case, if you invest $100 with a simple interest rate of 15 percent per year for 5 years, the future value can be calculated as follows:
Calculate the interest earned each year: $100 * 15% = $15
Total the interest earned over 5 years: $15 * 5 = $75
Add the interest earned to the initial investment to find the future value: $100 + $75 = $175
So, the future value of your investment would be $175 after 5 years. This means that after 5 years, your investment would be worth $175, taking into account the interest earned at a rate of 15 percent per year.
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A company policy limits lunches to 60 minutes unless they are business related. This strategically ambiguous statement is least likely to accomplish which of these goals?
1) allow for plausible deniability
2) maintain personal relationships
3) create unified diversity
4) allow management to maintain their power
Unless they are business-related, lunches are only allowed to last for 60 minutes in the workplace. Which of these objectives maintain personal ties is the least likely to be achieved by this strategically confusing statement.
What is an illustration of a corporate policy?Examples of company policies include those pertaining to employee behaviour, dress code, attendance, equal opportunity, and other aspects of the terms and circumstances of employment. Procedures: The steps used by staff members to address potential policy violations.
Which 4 sorts of policies are there?Regulation, constituency, distribution, and redistribution are the four main categories of public policy. These four sorts of policies are different from one another in terms of their objectives and those they affect or help.
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The applicant arrived for her interview, and the executive assistant greeted her in the lobby.
what should a trader do when the one-year forward price of an asset is too low? assume that the asset provides no income.
A trader should buy the asset when the one-year forward price is too low.
If the one-year forward price of an asset is lower than its expected future spot price, it indicates that the market is undervaluing the asset. In this case, a trader can buy the asset at the lower forward price and sell it in the future at the expected higher spot price to earn a profit. This strategy is known as a covered call and is used when the trader expects the asset's price to increase in the future. However, it's important to note that there is no guarantee that the future spot price will be higher, so this strategy involves a certain amount of risk. When the one-year forward price of an asset is too low, a trader may choose to sell the asset and buy it back in the future at a lower price, in order to lock in a profit. As such, it's important for traders to carefully consider their investment strategy and assess the potential risks and rewards before making a trade.
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coupons that are printed at grocery checkouts are a function of items the customer just purchased. select one: true false
The statement that "coupons that are printed at grocery checkouts are a function of items the customer just purchased" is true.This is because the tickets are targeted predicated on the customer's purchase history.
This is because these tickets are generated by the retailer's computer system and are grounded on the particulars that the client has just bought. The idea behind this is that the retailer can offer applicable and targeted abatements or elevations to guests grounded on their recent purchase history.
The retailer's system may induce a pasteboard for a reduction on the same brand of cereal for the client's coming purchase, If a client has just bought a particular brand of cereal. This type of targeted marketing can help retailers to drive deals, make client fidelity, and increase gains.
Also, these tickets can also be an effective way for guests to save some money on their purchases and make their shopping more budget-friendly.
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booker sold 3 times as many candles as finley. finley sold 12 less candles than booker. if each candle gives the seller $5.75 in profit, how much profit does each person make? finley makes $ in profit booker makes $ in profit
Finley makes $34.50 in profit and Booker makes $103.50 in profit.
How to calculate how much profit does each person makeLet's start by setting up some equations to represent the given information:
Let's say Finley sold x candles.
Then, Booker sold 3 times as many, or 3x candles.
And we also know that Finley sold 12 less candles than Booker, so:
x = 3x - 12
Solving for x:
2x = 12
x = 6
So Finley sold 6 candles, and Booker sold 3 times as many, or 18 candles.
Now we can calculate their profits:
Finley's profit = 6 x $5.75 = $34.50
Booker's profit = 18 x $5.75 = $103.50
Therefore, Finley makes $34.50 in profit and Booker makes $103.50 in profit.
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a firm wants to identify how each of its segments responds to each of its offerings in order to select which market to target. what tool would help the firm accomplish this task?
A market-product grid is the tool that would help the firm accomplish the specified task.
A market-product grid is a tool used in marketing to evaluate the potential of different market segments for different product offerings. It provides a matrix-style representation of the market segments and the firm's offerings. The grid helps the firm understand how each market segment responds to its offerings and to identify the most promising target market.
By analyzing the demand for each offering in different segments, the firm can make informed decisions about product positioning, pricing, and promotional strategies. This helps the firm to focus on the most profitable target market, thus maximizing the return on investment and achieving the desired growth objectives.
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What Do You Own That You Wouldn’t Buy For Its Current Market Value
I am responding to this using my laptop. I don't have the resources or the desire to purchase another one, especially given its present Market Value.
A market value is a request to buy or sell shares at the best price currently being offered on the market. A market order often guarantees execution but not a certain price. When immediate transaction completion is the main objective, market orders work well. Market value, often known as OMV or "open market valuation," is the price that an asset would fetch on the market place or the evaluation that the financial community makes of a certain equity or company. It is uncommon for a company's market value, which is determined by the price of its shares at the moment, to coincide with its actual present worth.
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What Do You Own That You Wouldn’t Buy For Its Current Market Value?
Within the supply and demand model, a tax collected from the buyers of a good shifts the ?A. supply curve downward by the size of the tax per unit.B. Supply curve upward by the size of the tax per unitC. demand curve upward by the size of the tax per unit.D. demand curve downward by the size of the tax per unit
Option C is Correct. The demand curve is shifted higher by the amount of the tax per unit in the supply and demand model when a tax is collected from the purchasers of a goods.
The supply curve is shifted by a tax paid by sellers, whereas the demand curve is shifted by a tax paid by buyers. Regardless of who pays the tax, the result is the same. When a good is taxed, the price consumers pay increases, the price sellers receive decreases, and the amount sold decreases.
When analysing a tax that was collected from the buyers using the supply and demand model, we move the demand curve upward by the amount of the tax. A tax that is collected from consumers has the same effect as a tax of the same size.
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true or false? the cumulative balanced scorecard will be computed by taking the average of each performance metric over the final four quarters of play.
It is true to say that the cumulative Balanced Scorecard will be computed by averaging each performance metric over the last four quarters of play.
What is a cumulative Balanced Scorecard?It is a simulated method used to measure the performance of teams, that is, providing quarterly performance indicators throughout the end of the competition.
Therefore, the Balanced Scorecard is a strategic management method that helps define strategies more comprehensively and not just focused on accounting indicators, with the cumulative Balanced Scorecard being positive for demonstrating performance.
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unit materials list several areas of law relevant to ethical issues in technical communication. one is copyright law. what are two others?
Unit materials list several areas of law relevant to ethical issues in technical communication. one is copyright law. Two others are a. trademark law and c. contract law.
A trademark is a word, phrase, or logo that identifies the origin of a product or service. Trademark law protects a company's commercial identity or brand by forbidding other companies from using a name or emblem that is "confusingly similar" to a trademark that already exists.
The purpose is to make it easy for consumers to identify the manufacturers of goods and services and to minimize confusion. The Lanham Act governs most trademark law in the United States. Common law trademark rights are immediately acquired when a company uses a name or logo in commerce, and they are enforceable in state courts.
Marks registered with the United States Patent and Trademark Office are afforded greater protection in federal courts than unregistered marks—both registered and unregistered trademarks are afforded some level of federal protection.
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Correct question:
Unit materials list several areas of law relevant to ethical issues in technical communication. one is copyright law. what are two others?
a. trademark law
b. international law
c. contract law
d. criminal law
e. martial law
nitially, $2000 is deposited into a retirement account which pays 5% interest per year, compounded continuously. new money is added to the account at the rate of $1000 per year. how much will be in the account after 10 years?
The answer is 18,000$, if $2000 is deposited into a retirement account which pays 5% interest per year, compounded continuously.
What is the fundamental meaning of interest?The cost of borrowing money is called interest, and it is typically stated as a percentage, such as an annual percentage rate (APR). Lenders may charge interest to borrowers for using their funds, or borrowers may charge interest to lenders for using their funds.
What is interest and how does it work?This formula is used to calculate simple interest: S.I. = P R T, where P is the principal, R is the annual percentage rate of interest, and T is the time, which is typically expressed as the number of years. The interest rate is expressed as r/100 and is expressed as a percentage, or r%.
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at an exchange rate of 1.8 per euro, the quantity of euros demanded is billion euros, while at an exchange rate of 1.2 per euro, the quantity of euros demanded is billion euros. this confirms that the demand curve for euros is
The demand curve for euros is downward sloping, as it indicates that when the exchange rate (the price of euros in terms of another currency) increases, the quantity of euros demanded decreases.
What is exchange rate?Exchange rate is the value of one currency expressed in terms of another currency. Exchange rates are important because they determine the relative value of different currencies and enable international trade and investments. Exchange rates can be either fixed or floating, depending on the country’s monetary policy. Fixed exchange rate means that the value of the currency is fixed by the government and cannot be changed. Floating exchange rate, on the other hand, is determined by the interaction of the market forces of demand and supply. Exchange rates are affected by a number of factors such as economic conditions, inflation, political stability, and the strength of a country’s currency. Exchange rates are also affected by speculation, which is when investors and traders attempt to make profits by buying and selling a currency for short-term gains.
The demand curve for euros is downward sloping, as it indicates that when the exchange rate (the price of euros in terms of another currency) increases, the quantity of euros demanded decreases. The exchange rate of 1.8 per euro and 1.2 per euro indicate a decrease in the exchange rate of the euro. The corresponding quantities of euros demanded (1 billion euros and 1.5 billion euros respectively) confirm that the demand curve for euros is, indeed, downward sloping.
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If My Income Tax Return Is Accepted, Can I Still Be Audited?
Even after getting a refund, your tax returns may still be examined. Every year, a very small portion of tax returns filed by Americans are audited. The IRS has the authority to examine tax returns from up to three past tax years, and in rare circumstances, even earlier.
The IRS can often use returns from the previous three years in an audit. We may add more years if we find a significant inaccuracy. Typically, we only look back a maximum of six years. Individuals are subject to IRS audits to see if they appropriately submitted their taxes and, if not, to find out whether additional taxes are required.
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forecasting the income and expenses that we can reasonably expect to bring in and pay out over a short term results in a budget that's every property manager's dream. that budget is
Income: Rental income, Late fees, Parking fees, Security deposits, Pet fees.
You must include in your total rental income for the year any fees you get from a tenant for items like late rent agreements, pet fees, parking spaces, or early lease termination costs. Instead of receiving cash as rent, you must include the fair market value of the services you got in your rental revenue. Include the amount that the tenant would have paid for two months of rent in your rental income. The same sum can be written off as a rental expenditure for painting your home. You must allocate your costs between rental use and personal use if you utilise a vacation home or other dwelling unit for personal use.
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when there is the price floor, is it the case that anyone who is willing and able to pay the price of a ride is able to buy one? is it the case that anyone who wants to sell rides at the price of a ride is able to do so? c. suppose that instead of imp
Price floors stop a price from dropping below a specific markdown. Amount provided will exceed quantity required when a price floor is set above the equilibrium price, and excess supply or surpluses will result.
A price floor, which establishes a minimum cost for purchasing a good or service, is the opposite of a price ceiling. It stands for the lowest legal price at which a good or service may be offered and still adhere to the basic laws of supply and demand. This is also known as "price support."
An example of a subsidy is a price support. This doesn't appear to be an option in the choices. However, a municipal or government-sponsored form of financial support is known as a subsidy.
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the costal angle is where the right and left costal margins meet at the xiphoid process. the expected measure of this angle should be
The costal angle is an anatomical term that describes the angle formed by the junction of the right and left costal margins at the xiphoid process, which is a small bony extension at the inferior end of the sternum. The expected measure of this angle is typically between 70 and 110 degrees.
The costal angle is an important anatomical landmark that can be used to assess the shape and size of the thorax, which is part of the body that contains the heart, lungs, and other vital organs. In general, a normal costal angle indicates that the thorax is well-formed and symmetrical, while an abnormal costal angle may be a sign of certain medical conditions or abnormalities.
The measurement of the costal angle is typically performed by a healthcare provider using a goniometer, which is a device that is used to measure angles. To take this measurement, the patient should be positioned lying down, with their arms at their sides and their knees slightly bent.
The healthcare provider will then identify the junction of the right and left costal margins at the xiphoid process and measure the angle formed by the two lines using the goniometer.
A costal angle that is wider than normal may be a sign of certain medical conditions, such as emphysema, which is a chronic lung disease that causes the air sacs in the lungs to become damaged and less elastic.
This can result in a condition called "barrel chest," which is characterized by a widened thorax and an increased costal angle. A narrower than normal costal angle may be a sign of other medical conditions such as pectus excavatum, which is a deformity of the chest wall that causes a sunken appearance.
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which of the following is considered an illegal activity in the sales profession? a. exaggerating product benefits b. hard selling c. withholding information d. defrauding e. being pushy
c. withholding information d. defrauding is considered an illegal activity in the sales profession.
In the sales profession, it is important to act ethically and legally. Withholding information or providing false information to potential customers is considered deceptive and is illegal. Engaging in these practices can harm customers and damage the reputation of the salesperson and the company. On the other hand, exaggerating product benefits or using hard-sell tactics may not necessarily be illegal, but they can still be considered unethical and may harm the reputation of the salesperson and the company. Similarly, being pushy may not necessarily be illegal, but it can still turn potential customers away. In general, sales professionals should always provide accurate information and act in the best interest of their customers to build trust and maintain a positive reputation.
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burnham contracted with sahd to provide cleaning services for sahd's office building. after one week, sahd is unhappy with burnham's work and refuses to pay for the services. what option(s) may the parties use to resolve their dispute at this point?
Lawsuit, informal settlement, nonjudicial dispute resolution, The parties may now settle their issue by revising the burnham contract.
Burnham, whose parents are Edwin Arnold and Elizabeth Keith, was born in Henderson, New York. He was raised in accordance with Swedenborgian principles, also known as The New Church, which deeply ingrained in him the idea that everyone should try to assist others. When Burnham was eight years old, his father established a prosperous wholesale pharmaceutical business in Chicago. Daniel Burnham struggled in school and eventually applied to Harvard and Yale, but he was rejected by both institutions. Burnham decided to put his talent for drawing to use instead of focusing on academic success and submitted an application for a position with the architectural firm Loring & Jenney. William Le Baron Jenney, who had been hired, was his tutor from 1867 until 1868.
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true or false: as the exchange rate fluctuates, the dollar value of goods priced in foreign currency similarly fluctuates.
It is true that, as the exchange rate fluctuates, the dollar value of goods priced in foreign currency similarly fluctuates.
Currency changes are a predictable byproduct of floating exchange rates, which are the norm for the majority of major economies. The economic health of a nation, the likelihood of inflation, interest rate spreads, capital flows, and other factors are only a few of the many variables that affect exchange rates. The health or ailment of the underlying economy often dictates the exchange rate of a currency. As a result, the value of a currency can change rapidly from one second to the next. Exchange rates can affect international trade in goods, economic expansion, capital flows, inflation, and interest rates.
The Asian Financial Crisis and the collapse of the Japanese yen carry trade are only two examples of how significant currency fluctuations may affect financial markets.
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one of the most difficult tasks is raising money for a start-up. to raise money, entrepreneurs talk with bankers and other potential investors, and try to sell their ideas. in order to have a chance, most of the time, entrepreneurs have to present a(n)
Based on the given description in order to have a chance, most of the time, entrepreneurs have to present a business plan.
What is an entrepreneur?An individual who has a strong interest in conducting business based on innovation and technology and who is willing to take risks in order to improve people's lives and accomplish a goal is referred to as an entrepreneur.
Business planning is the process of selecting or establishing a path or roadmap for what will be needed to carry out business operations and fulfill an organization's vision, which aids in persuading investors to provide financing.
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Explain how the sneaker resale industry is an example of CAPITALISM at work (Include words : profit, free market, capital, competitive, supply and demand
The sneaker resale industry is an example of capitalism at work because it operates based on the principles of supply and demand.
What does the concept of capitalism means?In a capitalist system, individuals and businesses are free to buy and sell goods and services at prices that are determined by the market.
In the sneaker resale industry, people are willing to pay higher prices for limited-edition or rare sneakers, and the resale market responds to this demand by buying the sneakers at the original price and then reselling them for a profit.
The resale market creates value for its customers by providing them with access to hard-to-find sneakers, and the market operates efficiently by balancing supply and demand through the pricing mechan
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if us national income declined, but that of japan remained constant, then us imports from japan will:
If US national income declined, but that of Japan remained constant, then US imports from Japan will: decrease. Demand from consumers and their expenditures are significantly influenced by national wealth.
Consumer spending and imports would probably fall off if the US national income fell.
Consumer spending may diminish, which might lower demand for Japanese products and lower US imports from Japan. This may occur if customers opt to buy less expensive domestic alternatives or if they have less discretionary cash to spend on imported items.
A drop in corporate investment might further weaken the demand for Japanese exports and imports if the US national income falls. In conclusion, it is likely that US imports from Japan will decrease if the US national income falls while Japan's stays the same as a result of decreased consumer spending and demand for Japanese goods.
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environmental complexity refers to the extent to which managers can understand or predict which environmental changes and trends will affect their businesses. group of answer choices true false
The statement environmental complexity refers to the extent to which managers can understand or predict which environmental changes and trends will affect their businesses is true because business managers analyzes business environment to make decisions.
The degree to which managers can comprehend or foresee which environmental changes and trends will impact their businesses is referred to as environmental complexity. Senior management at Weltono Inc. was contacted by Mathew, a team manager, regarding additional resources needed for a project.
The number of significant elements in the organisational environment is referred to as environmental complexity (Duncan, 1972). Environmental complexity, according to Gibbs (1994), is determined by the volume and variety of environmental elements that an organisation interacts with.
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which type of cannabis startup has the most advantage over the others due to the familiarity of pestle conditions
The type of cannabis startup has the most advantage over the others due to the familiarity of pestle conditions Global Franchise seller. Thus the correct option is A.
What are pestle conditions?The term pestle is an acronym defining the factors affecting Business. The PESTLE stands For political economic, social, technological, legal, and environmental factors affecting the business.
Franchising offers the ability to manage their own operations with the assistance and support of a larger organization with a recipe for success for small businesses. It also enables larger firms to expand and flourish.
Therefore, option A is appropriate.
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games galore has a new video game that it hopes will increase its sales. it is offering coupons and a sweep-stake to get people to buy the game. these are all examples of
These are all examples of promotions or marketing activities aimed at increasing sales for Games Galore's new video game.
The use of coupons and sweepstakes are common marketing tactics used by companies to generate interest in their products and encourage people to make a purchase. By offering these incentives, Games Galore is hoping to increase demand for their new video game and ultimately drive sales.
The reason this Unit is unique for events is that it develops a perspective of sales promotion to fulfil event goals like maximising outreach, revenue, market share, etc
raising the value of a brand. It also explains how integrated marketing communications, e-marketing, and internet marketing are playing an increasingly powerful role in enhancing marketing performance and the overall consumer experience. For their importance in the success of the events industry, social media platforms, digital marketing, digital spaces, and viral marketing have all received attention.
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