Author Question: Martinet Corp has decided to base its promotional budget on a percentage of last year's sales, which ... (Read 37 times)

jilianpiloj

  • Hero Member
  • *****
  • Posts: 521
Martinet Corp has decided to base its promotional budget on a percentage of last year's sales, which totaled 400 million. If Martinet decides to spend 4 percent of last year's sales, how much will it budget for promotions?

Question 2

Companies that sell consumer products often attempt to obtain consumer action by using sales ___________________ _ or incentives, such as coupons, rebates, or premiums.
 Fill in the blank(s) with correct word



kthug

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

16 million
16,000,000

Answer to Question 2

promotions



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

For a complete list of videos, visit our video library