Economics Final Exam Primavera Questions and Answers 100% Pass

Economics Final Exam Primavera Questions and Answers 100% Pass NB: Answers appear at the bottom of the choices and are highlighted in yellow (CHECKPOINT 01) Read the scenario. Alfonso is 19 years old and has a high school diploma. Recently, he was promoted to assistant manager at the fast-food restaurant where he has worked since the age of sixteen. His dream is to become the restaurant’s manager. What is his best option for achieving his dream? He should work hard, work longer hours, and remain assistant manager. He should attend classes at the local college to receive training in management. He should hope that his manager transfers to another location and that he is his replacement. He should find another job and work his way up to a higher position. He should attend classes at the local college to receive training in management. Why is cooperative advertising the most common form of advertising used by wholesalers and manufacturers who jointly advertise a product? (Select all that apply.) The manufacturer receives free advertising. Large quantities can be held in stock. Tracking of sales is easier and more productive. It allows for sales at a discounted price. Large quantities can be held in stock. It allows for sales at a discounted price. Which is the best example of direct vendor advertising? television or radio ads from the local car dealer a commercial during the Super Bowl for Starbucks coffee social media ads highlighting sales at a grocery store print ads and coupons in the Sunday newspaper a commercial during the Super Bowl for Starbucks coffee Why is it important to use multiple methods of both broadcast and online media advertising? Using multiple methods allows for the most opportunity in case there are power outages. Using multiple methods allows for the most criticism of the product or service. Using multiple methods allows for wider exposure to advertise the product or service. Using multiple methods restricts opportunities to advertise the product or service. Using multiple methods allows for wider exposure to advertise the product or service. Which are part of the marketing mix? (Select all that apply.) have the proper packaging know what people will pay have multiple locations sell out in the first week have the proper packaging know what people will pay have multiple locations Which items make up the marketing mix? place, page, production, piece place, product, personnel, pay place, price, promotion, product place, price, production, planning place, price, promotion, product Where would you find the most useful information about post-secondary education and training? (Select all that apply.) Department of Education military and school websites job fairs college alumni associations Department of Education military and school websites When should you start planning for retirement? You should start planning only after receiving an income tax refund so that the money can be deposited immediately. You should start planning as soon as you decide on a career path. You should start planning after college graduation and after you have developed your financial goals. You should start planning after starting a job and buying a home. You should start planning as soon as you decide on a career path. Which is the best reason for why companies use product advertising features? to focus on a specific benefit to barter with bulk retail stores to cross-promote another product to advertise the entire line of products to focus on a specific benefit On average, who earns the highest salaries? people with a professional degree people with a bachelor's degree people with an associate's degree people with a master's degree people with a professional degree (CHECKPOINT 02) Read the