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Brilliant_brown [7]
2 years ago
5

5-When a local auto repair shop sponsors a local softball​ team, it is using the​ _____ element of the promotional mix.

Business
1 answer:
mote1985 [20]2 years ago
3 0

When a local auto repair shop sponsors a local softball​ team, it is using the​ public relations element of the promotional mix.


Public relations allows a company to create a good image with the public through relations and organizations they work with for the public to see. When the local auto repair shop sponsors a local softball team, they are not only advertising their name, but people are recognizing them as a company that gives back. By being active in their community they are building public relations.

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Outsourcing of services is:______. a. decreasing in volume and scope. b. increasing in volume and scope. c. increasing in volume
grin007 [14]

Answer:

b. increasing in volume and scope

Explanation:

Outsourcing refers to assigning routine day to day tasks of less significance to an outside firm at a contractual price, with dual motive of saving time and focusing upon more important tasks and also to avail specialized services of an outside firm to ensure efficiency.

For example, a company may outsource it's human resource management function to third party consultants rather than conducting recruitment on it's own.

With the growth in businesses and with increased competition, the need to focus upon strategic tasks has increased which calls for growth in outsourcing function owing to which outsourcing of services has increased both in volume and scope.

3 0
2 years ago
Read 2 more answers
Norred Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 7.05 Direct labor $
Vikki [24]

Answer:

$134,300

Explanation:

From the question above, we are required to total amount of indirect manufacturing costs that was incurred by Norred corporation with the information that was provided

The first step is to calculate the total variable manufacturing overhead costs

= Variable manufacturing overhead × Units produced

= $1.60 per unit × 8,000 units

= $12,800

Therefore, the total amount of indirect manufacturing costs can be calculated as follows

   = Total variable manufacturing costs + Fixed manufacturing overhead

= $12,800 + $121,500

= $134,300

Hence the total amount of indirect manufacturing costs is closest to $134,300

8 0
2 years ago
Which of these statements demonstrate the economic concept of scarcity? check all that apply. all useful resources are limited i
Zigmanuir [339]
The following statements describe the economic concept of scarcity:
1. All useful resources are limited.
2.Resources are scarce which explain why we are willing to pay for them.
3. Because of scarcity, individuals must make choices.
In economics, scarcity is the study of how people attempt to satisfy their needs and wants by making choices. The principle of scarcity states that limited goods and services are available to meet unlimited wants.
7 0
2 years ago
Read 2 more answers
The owner of supermarket chain Reynold's wants to offer nonfood items such as greeting cards and magazines. However, Reynold's d
Elis [28]

Answer:

E) rack jobbers.

Explanation:

Rack jobbers is defined as a company or trader that has an agreement with a seller to display their products in the retail stores and sell them. Usually channels used are not the traditional channels used to sell the products and can include: gas stations, grocery stores.

In such instances the profit realised is split between both parties. For example if Procter and Gamble provide a product rack to a grocery store this is called rack jobbers.

This will be Reynold's best option as he does not want to take care of setting up displays and maintaining inventory records.

6 0
2 years ago
The city council divides a community's residents into three groups: individual young adults, families with children, and older a
motikmotik

Answer:

C. Playgrounds are rival in consumption, and the optimal number of playgrounds is three.

Explanation:

The computation is shown below:

For 3 playgrounds, total willingness to pay is

= 200 + 1600 + 800

= 2600 > Marginal cost (2250).

And,

For 4 playgrounds, total willingness to pay is

= 100 + 1400 + 700

= 2200 < Marginal cost (2250).

Therefore, 3 playgrounds should be considered as an optimal and playground would be rival

3 0
2 years ago
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