On the Basis of Past Experience, a Company Has Determined

question 76

Multiple Choice

On the basis of past experience, a company has determined that its sales revenue (in dollars) is related to its advertising according to the formula , where x is the amount spent on radio advertising and y is the amount spent on television advertising. If the company plans to spend $30,000 on these two means of advertising, how much should it spend on each method to maximize its sales revenue? ​

• A)$8,401.47 on radio; $21,598.53 on television
• B)$10,801.89 on radio; $19,198.11 on television
• C)$12,002.10 on radio; $17,997.90 on television
• D)$14,402.52 on radio; $15,597.48 on television
• E)$15,602.73 on radio; $14,397.27 on television

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Definitions:

Value-Driven Culture

An organizational culture that emphasizes and prioritizes core values in its decision-making, behavior, and strategy, fostering a unified and principled workforce.

Classical Approaches

Traditional methods or theories in fields such as management, focusing on hierarchical structure, efficiency, and the division of labor.

Behavioural Approaches

Psychological strategies or treatments that focus on modifying observable actions and behaviors as a means to improve mental health and well-being.

Quantitative Approaches

A methodology that emphasizes objective measurements and statistical or mathematical analysis to derive conclusions.