Which tasks are considered to be marketing applications of simulation modeling?

a. determining the effect of entry of new brands into the market
b. discovering customer preferences for different attributes of products
c. investigating brand-switching behavior of customers
d. investigating the effect of advertising on sales
e. all of these choices


e

Business

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Briefly describe a calibration meeting.

What will be an ideal response?

Business

Social media allow marketers to have much more direct and meaningful conversations with customers

Indicate whether the statement is true or false a. True b. False

Business

?a. An investor purchases shares in a no load mutual fund for its net asset value of $26 and during the year receives cash distributions of $1. After one year the investor redeems the shares for $32. What is the percentage return on the investment? ? b. The net asset value of shares in a closed-end investment company is $26. An investor buys the shares for $23 in the secondary market. During the year the company distributes $1. After one year, the net asset rises to $32, and the investor sells the shares for $34 in the secondary market. What is the percentage return on the investment? ? c. In both a. and b., the net asset value rises from $26 to $32 and the company distributed $1. Why are the percentage returns different? ?

What will be an ideal response?

Business

The following information is provided about some of the Town of Truesdale's General Fund operating statement and budgetary accounts for the fiscal year ended June 30.    Estimated revenues$3,150,000 Revenues 3,190,000 Appropriations 3,185,000 Expenditures 3,175,000 Estimated other financing sources 400,000 Encumbrances 20,000 Encumbrances outstanding 20,000 Budgetary fund balance (calculate) The Town of Truesdale will honor all of its outstanding encumbrances in the next fiscal period. Prepare the journal entry(ies) to close budgetary accounts required to be closed at the fiscal year end using the information provided. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

What will be an ideal response?

Business