The element of marketing mix that this scenario presents is
the promotion. It is because promotion is making use of media or advertisements
in means of having to make your business or market to be known of to the public
in which the owners of ‘Have it your way hotdog’ engages to as they made use of
advertisement in the program of the league basketball team.
Answer:
FV= $1,260,205.98
Explanation:
Giving the following information:
Annual deposit= $5,250
Number of years= 35 years
Annual interest rate= 0.0947
To calculate the final value, we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {5,250*[(1.0947^35)-1] / 0.0947
FV= $1,260,205.98
Answer:
$11,457,522
Explanation:
If the full extended warranty costs are $113 per unit replaced, and 20% of the 506,970 units sold will be replaced, then the total warranty costs are:
total warranty costs = total number of units sold x percentage of units that need warranty replacement x cost per unit replaced
total warranty costs = 506,970 units x 20% x $113 per unit = $11,457,52
Answer:
The correct answer is letter "D": secondary.
Explanation:
Secondary data is the information gathered by other individuals or organizations and is used as a reference in studies or researches. This type of data is typically easy and cheap to obtain because does not imply establishing a team to collect the information needed and can be found in accessible places such as libraries or even on the internet.