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Author Question: Which of the following budgeting methods states that an effective way to determine an optimal amount ... (Read 58 times)

melina_rosy

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on: Jun 29, 2018
Which of the following budgeting methods states that an effective way to determine an optimal amount of expenditures is to experiment with different amounts and observe the effects?
 a. experiential c. trial and error
  b. experimental d. None of the above.

Question 2

Which of the following are common types of empirical methods used to determine the optimal level of communications expenditures?
 a. experimental; experiential c. experiential; historical statistical
  b. experimental; historical-statistical d. experiential; match competitors


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Tonny

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A
Definition of experimental method

Answer to Question 2

B
Two common types of empirical methods are used to determine the optimal level of communications expendituresthe experimental method and the historical-statistical method.


melina_rosy

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

6ana001

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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