Luke Was Interested in Developing a Communication Budget for His

question 72

Multiple Choice

Luke was interested in developing a communication budget for his holistic vitamin shop which he will be opening in thirty days.He is planning a few promotional sales and will advertise through local newspapers.With the available information,what method would be best for Luke to pursue to develop his communication program?

• A)affordable method
• B)objective and task method
• C)percentage of sales method
• D)competitive parity method
• E)developmental method

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Definitions:

Debit Cards

Plastic payment cards that allow users to make transactions directly from their bank accounts, unlike credit cards, which provide a line of credit.

Credit Cards

Credit cards are plastic cards issued by financial institutions that allow holders to borrow funds at the point of sale, which are repayable with interest.

Federal Reserve Notes

The physical bills issued by the Federal Reserve, serving as the primary form of paper money in the United States.

Financial Intermediaries

are institutions that facilitate the channeling of funds between savers and borrowers, including banks, investment companies, and insurance companies.