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qwelly [4]
2 years ago
10

A marketing team is under considerable pressure to come up with an impressive advertising campaign within fortyeight hours. If t

hey don't, the company they work for will most likely go bankrupt. The team leader has an idea already worked out which he is in favor of using. What phenomenon is most likely to occur, given these circumstances?
Business
1 answer:
salantis [7]2 years ago
8 0

Answer:

The phenomenon that is likely to occur is Crisis Prevention. as a result of a contingency plan put in place ahead of time by the proactive Marketing Team Lead

Explanation:

The first stage in a crisis management model  pre-crisis phase.

The pre-crisis phase is is concerned with prevention and preparation.

A proactive leader develops a contingency plan ahead of an impending crisis.

A business contingency plan is a course of action that an organization would take if an unexpected event or situation occurs. It helps to ensure preparedness for unforeseen circumstances like the one highlighted here.

Faced with the pressure to come up with an impressive advertising campaign within forty eight hours or face bankruptcy, a proactive team lead would likely save the day with contingency plan he had already worked out.

You might be interested in
Bill's product manager is under pressure to increase market share, but is uncertain about how to make the product more competiti
saul85 [17]

Answer:

Consider the following explanation

Explanation:

The product already enjoys relatively high awareness and accessibility therefore Increasing awareness by 5% does not need to increase market share quickly,thus A) Increase awareness by 5% is incorrect.

Re-position the product to the ideal spot within the segment shall take a lot of time for the company to grab the market share.So D) is incorrect.

Increase in unit contribution margin by decreasing the MTBF need not increase the sales in the market thus B is incorrect.

C) Lower the unit selling price to the bottom limit of the segment price range seems correct by Lowering the unit selling price to the bottom limit of the segment price range the demand shall increase for the product increasing the market share in shorter term.

3 0
1 year ago
Bay City Mining, Inc. has a price of $20 a share, outstanding shares of 2.5 million, retained earnings of $1 million dollars, an
weqwewe [10]

Answer:

a. 50, which is high by historical standards.

Explanation:

a. 50, which is high by historical standards.

It is high because  current price  is high than earnings.

Earning yield is  the reciprocal of price earning ratio that is = 1/ (P/E ratio) expressed as a percentage.

So

PRice Earning ratio = Market price per share/ Earning per share

Price Earning ration= $20/ 0.4 = 50

Earning per share= Earnings/ No of shares outstanding

EPS= $ 1 million/$ 2.5 million = 0.4

5 0
1 year ago
Brussels Enterprises issues bonds at par dated January 1, 2019, that have a $3,200,000 par value, mature in four years, and pay
Aleksandr [31]

Answer:

  • Brussels Enterprises issues bonds at par dated January 1, 2019    

 Debit  $3,200,000  Cash    

 Credit  $3,200,000  Bonds Payable  

   

  • Interest semiannually on June 30      

 Debit  $144,000  Bond Interest Expense  

 Credit  $144,000  Cash  

  • Interest semiannually on December 31      

 Debit  $144,000  Bond Interest Expense  

 Credit  $144,000  Cash  

   

  • Record the entry for the maturity of the bonds on December 31, 2022    

 Debit  $3,200,000  Bonds Payable  

 Credit  $144,000  Bond Interest Expense  

 Credit  $3,344,000  Cash  

Explanation:

At the moment of the company receive the money for the bonds issued, the company record the following journal entry:

Debit  $3,200,000  Cash    

Credit  $3,200,000  Bonds Payable  

Recognizing the money that the company get and the liabilities for the years to come on the Long Term Liabilities in the balance sheet, becuase it matures in 4 years.

  • When the company begins to pay the interest the company records the following entry:

Debit  $144,000  Bond Interest Expense  

Credit  $144,000  Cash  

The company recognizes the interest payment at each moment it occurs as expenses in the Income Statement.

At the maturity of the bonds the company reverse the entry made at the beginning when it receives the money and recognize the liabilities.

Now the journal entry is as follows:

Debit  $3,200,000  Bonds Payable  

Credit  $144,000  Bond Interest Expense  

Credit  $3,344,000  Cash  

4 0
1 year ago
True or False: Using specific position titles in ICS helps to describe the responsibilities of the position.
Mila [183]

Answer:

True

Explanation:Using specific position titles in ICS helps to describe the responsibilities of the position.

5 0
2 years ago
Read 2 more answers
Caars Inc. issued a 120-day note in the amount of $360,000 on November 1, 2016 with an annual rate of 6%. What amount of interes
Arte-miy333 [17]

Answer:

The amount of interest accrued as of December 31, 2016 is $10,980.

Explanation:

On December 31, two months interest is accrued and this is equivalent to 61 days (30 days for November and 31 days for December).

Calculation of Interest accrued is as follows ;

Interest accrued =  $360,000 × 6% × 61/120

                           =   $10,980

3 0
2 years ago
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