The cash collected in Quarter 2 for credit sales made during Quarter 1 is $104,000.
The calculation of the cash collections in Quarter 2 and the budgeted cash receipts for the whole year are shown below: Cash collections in Quarter 2 for credit sales made during Quarter 1: Quarter 1 credit sales = 80% of $200,000 = $160,000Cash sales = 20% of $200,000 = $40,000.
Total sales revenue = $200,000Cash collections in Quarter 1: 60% of $160,000 = $96,000Cash collections in Quarter 2: 40% of $160,000 = $64,000Cash collections in Quarter 2 = cash sales in Quarter 2 + credit collections in Quarter 1 = $40,000 + $64,000 = $104,000.
Therefore, the cash collected in Quarter 2 for credit sales made during Quarter 1 is $104,000.Budgeted cash receipts for the whole year: Quarter 1 cash collections: $100,000Quarter 2 cash collections: $104,000Quarter 3 cash collections: 60% of $400,000 = $240,000.
Quarter 4 cash collections: 40% of $400,000 + cash collections from last year's Q4 sales = $160,000 + $100,000 = $260,000. Total budgeted cash receipts for the year = $100,000 + $104,000 + $240,000 + $260,000 = $704,000. Therefore, the budgeted cash receipts for the whole year are $704,000.
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Max Houck holds 700 shares of Boulder Gas and Light. He bought the stock several years ago at $52.76, and the shares are now trading at $78.00. Max is concerned that the market is beginning to soften. He doesn't want to sell the stock, but he would like to be able to protect the profit he's made. He decides to hedge his position by buying 7 puts on Boulder G&L. The three-month puts carry a strike price of $78.00 and are currently trading at $3.29. a. How much profit or loss will Max make on this deal if the price of Boulder G&L does indeed drop, to $62.50 a share, by the expiration date on the puts? b. How would he do if the stock kept going up in price and reached $84.00 a share by the expiration date? c. What do you see as the major advantages of using puts as hedge vehicles? d. Would Max have been better off using in-the-money puts-that is, puts with an $87.50 strike price that are trading at $10.36? How about using out-of-the-money puts-say, those with a $73.50 strike price, trading at $1.10? Explain. a. If the price of Boulder G&L does indeed drop, to $62.50 a share, by the expiration date on the puts, Max will have a profit (or loss) of $93. (Round to the nearest cent.)
If the price of Boulder G&L drops to $62.50 a share by the expiration date on the puts, Max will have a profit (or loss) of $93. This can be calculated by subtracting the strike price of the puts ($78.00) from the lower stock price ($62.50), and multiplying the result by the number of puts (7). In this case, the calculation would be: ($78.00 - $62.50) x 7 = $108.50 - $15.50 = $93.
The profit is positive because Max would exercise the puts at the higher strike price ($78.00) and sell the shares at the lower market price ($62.50). This allows him to lock in a profit and protect his gains from a potential decline in the stock price. If the stock price kept going up and reached $84.00 a share by the expiration date, Max would not exercise the puts, and he would only lose the premium he paid to buy the puts ($3.29 x 7 = $23.03).
The major advantages of using puts as hedge vehicles are that they provide downside protection and limit potential losses. Puts allow investors to sell the stock at a predetermined price (strike price) even if the market price drops, thus protecting their profits or limiting their losses. Using in-the-money puts with a higher strike price would have been better for Max in terms of protecting his profits because the difference between the stock price and the higher strike price would be greater, resulting in a larger potential profit. Out-of-the-money puts with a lower strike price would offer less protection as the stock price would need to drop further for them to be profitable.
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What is a handout? When would it be useful to use a handout?.
Answer:
A handout is a written aid you provide to the audience. It would be helpful to use a handout if your speech contains detailed information that the audience may not remember without a tangible reminder. It may also be useful to use a handout for "how-to" speeches, to outline the step-by-step instructions.
Explanation:
Answer:
Handouts are printed materials that can be distributed to the audience. It would be best to use these when you have a very details speech, they won't remember every word, so you could have it written down so when they want, they can check it out later on after the speech.
Explanation
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when a good is taxed, question 3 options: both buyers and sellers of the good are made worse off. only buyers are made worse off, because they ultimately bear the burden of the tax. only sellers are made worse off, because they ultimately bear the burden of the tax. neither buyers nor sellers are made worse off, since tax revenue is used to provide goods and services that would otherwise not be provided in a market economy.
When a good is taxed, both buyers and sellers of the good are made worse off.
This is because they ultimately bear the burden of the tax. What is the impact of taxation? Taxes have a significant effect on both the consumer and the seller. The tax on a good or service raises the price of the product or service, which reduces the number of goods that the buyers can afford. The tax reduces the amount of money that the seller earns from the sale of the good or service, which decreases the number of goods or services that the sellers can provide. Ultimately, both sellers and buyers are made worse off by the tax.How is tax revenue used?When taxes are collected by the government, it is added to the government's revenue, which is then used to provide the goods and services. Therefore, the tax revenue is used to provide goods and services that would otherwise not be provided in a market economy. In general, tax revenue is used to fund public projects such as schools, roads, and hospitals.Taxes are also used to fund the military, social security, and other government initiatives. Ultimately, tax revenue is essential for the functioning of the government and the provision of public services.Read more about taxation here:https://brainly.com/question/3015766
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A company in Maine sends lobsters to France What is Maine doing? Select three options
Answer:
Following are the answer to this question:
Explanation:
Some information is missing in the question. So, the correct choices can be described as follows:
i) practicing international trade
ii) exporting products
iii) participating in globalization
Maine has been globally traded because its, company transfers it's own goods at international frontiers when a client gives lobster with France in Maine. It exports products as its goods are manufactured in one nation, in this scenario the USA, is one other country, France in this case.Finally, it participates in the process of globalization because the company operates internationally by selling its products.Answer:
B. practicing international trade
C. exporting products
D. participating in globalization
Paul owns a photography studio, and he has applied for a loan to
purchase a larger space so he can show his, and other local photographers’, work.
As part of the loan process, the bank reviews Paul’s credit history, which reveals that
Paul’s studio has been in operation for six months, Paul has an active loan on some
photography equipment for $8,000, Paul has a credit score of 650, and the studio
turns a decent profit. Given all this information, Paul’s loan is denied.
Determine which item from Paul’s credit history caused the denial.
Answer:
A credit score of 650 is slightly below average for the populace, coupled with the fact that the studio has been in operation for a short period of time and he has an outstanding loan of $8,000, is the reason he was rejected. It was the outstanding loan.
Explanation:
How many Tim Hortons franchises are there? (franchises not including franchisees)
The psychology of getting along well with others is known as: a) human emotions ) human relations b) human understanding d) human characteristics
Answer:
human relations
Explanation:
1. Campbell's is a large company. How can cloud tools work for
smaller organizations? Consider three types of organizations: a
college with about 2,000 students, the police department of a city
with a
Cloud tools benefit smaller organizations through cost-effectiveness, scalability, collaboration, and data management. Spagnoletti takes risks in operational efficiency, data security, compliance, and customer service, aiming for noticeable positive outcomes.
1. Cloud tools can benefit smaller organizations, such as a college with 2,000 students, the police department of a city with a population of about 250,000, and a family-owned chain of five car dealerships in the same region, in the following ways:
• Cost-effectiveness: Cloud tools often operate on a pay-as-you-go model, allowing smaller organizations to access advanced technology without significant upfront costs.
• Scalability: Cloud services can easily scale up or down based on the organization's needs, accommodating growth or fluctuations in demand.
• Collaboration and Communication: Cloud-based collaboration tools enable seamless communication and information sharing among team members, regardless of location.
• Data Storage and Backup: Cloud storage solutions provide secure and reliable data storage and backup options, eliminating the need for on-site infrastructure.
• Accessibility: Cloud tools can be accessed from various devices and locations, facilitating remote work and increasing flexibility.
2. By shifting resources from back-office systems to marketing initiatives, Spagnoletti is taking certain risks, including:
• Operational Efficiency: Reducing resources allocated to back-office systems may impact operational efficiency, leading to potential bottlenecks or delays in administrative tasks.
• Data Security: Allocating fewer resources to back-office systems might increase the vulnerability of sensitive data, requiring proper security measures to mitigate potential risks.
• Compliance and Governance: Neglecting back-office systems could lead to compliance and governance issues if proper controls and processes are not in place.
• Customer Service: If back-office systems directly support customer service functions, a reduction in resources may impact the organization's ability to meet customer needs efficiently.
However, Spagnoletti believes that by understanding the risks associated with the back office and recognizing the opportunities in marketing initiatives, it becomes easier to make the shift. By prioritizing marketing efforts, he expects noticeable positive outcomes in terms of brand visibility, customer acquisition, and business growth.
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Note: The complete question is:
1. Campbell's is a large company. How can cloud tools work for smaller organizations? Consider three types of organizations: a college with about 2,000 students, the police department of a city with a population of about 250,000, and a family-owned chain of five car dealer ships in the same region?.
2. Spagnoletti has shifted resources from back-office sys terms to marketing initiatives. Commenting on this choice, he says, "If your strategies are clear, and you understand the risks to your back office versus the opportunities, it's very easy to make those shifts and it's noticeable." What risks is Spagnoletti taking?
2. Davidson describes two fundamentally different economic philosophies that both impact the debt crisis that the US faces. What are these philosophies? Do you agree with one more than the other?
Answer:
Davidson describes two philosophies that are represented each by the Republican Party and by the Democratic Party.
Republicans believe, according to Davidson, that the economy works best when the state keeps its hands off it. Republicans view a free market economy without government intervention as essentially a perfect machine that can coordinate the interests of vastly different goups of people (this is the concept of the invisible hand, developed by Adam Smith).
The Democrats, on the other hand, while seeing Capitalism as the most efficient economic system, believe that the capitalist economy needs to be regulated by the state, because otherwise, a free market generates undesirable effects like externalities and economic inequality.
According to Davidson, the republicans and the democrats as philosophies are two fundamentally different economic philosophies that impact the debt crisis facing the US. I agree more with the republican side of things, life can't always come with an aim of everything being "equal" and "fair".
what can the organization use the porter five forces analysis to promote competitiveness in their industry?
Porter's 5 forces make up a study model of the competitive structure of an industry in which the following are analysed:
The bargaining power of customersThe bargaining power of suppliersThe threat from substitute productsThe threat from represent incoming products Porter's 5 forcesThese five elements are analyzed separately but interconnected, since each of them affects the organization's level of competition. By analyzing the threats of these competitive forces, we can determine our position in the market and understand why we have the current market share.
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Balancing low-cost storage with low-cost material handling is important in which of the following?A) fixed-position layoutB) process-oriented layoutC) office layoutD) repetitive and product-oriented layoutE) warehouse layout
Balancing low-cost storage with low-cost material handling is important in the E) Warehouse Layout.
In a warehouse layout, efficient use of space is crucial, and balancing the costs of storage with the costs of material handling is key to maintaining profitability. The goal of a warehouse layout is to maximize storage capacity while minimizing the time and cost of moving materials in and out of the facility.
This involves designing an optimal layout that balances the costs and benefits of various storage and material handling options, such as shelving, pallet racks, conveyor systems, and forklifts. By optimizing the warehouse layout, businesses can reduce operational costs, increase productivity, and improve customer satisfaction.
Option E is answer.
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Which of these factors is an advantage to using cash?
Answer:
B no fees or charges
Explanation:
Your welcome
Answer:
B.no fees or changes this is the right one
REALTORS®: a. protect and promote the interests of their clients. b. treat all parties honestly. c. promote their interests over their clients' interests. d. A and B only.
Considering the available options, Realtors are known to have various functions, including options A and B only.
Functions of a RealtorGenerally, Realtors are known to perform many responsibilities, including the following:
Protect and promote the interests of their clients. Treat all parties honestly.Create a real estate contract.Rent, sell or buy properties for clients, etc.Hence, in this case, it is concluded that the correct answer is option D. "A and B only."
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What does respecting people’s privacy mean?
Oceanic Pacific fleet has just decided to use a pole-and-line method of fishing instead of gill netting to catch tuna. The latter method involves the use of miles of nets strung out across the ocean and therefore entraps other sea creatures besides tuna (e.g., porpoises, sea turtles). Concern for endangered species was one reason for this decision, but perhaps more important was the fact that the major tuna canneries in the United States will no longer accept tuna caught by gill netting. Oceanic Pacific decided to conduct a series of experiments to determine the amount of tuna that could be caught with different crew sizes. The results of these experiments follow.
Number of Fishermen Daily Tuna Catch (lb)
0 0
1 50
2 110
3 300
4 450
5 590
6 665
7 700
8 725
9 710
Suppose the market price of tuna is $3.50/pound. How many fishermen should the company use if the daily wage rate is $100?
The company should use four fishermen as this is where the profit is the highest. Therefore, it can earn a profit of $200 per day by using four fishermen.
Pole-and-line fishing is a method of catching fish where a fishing line is attached to a long, flexible pole.
Fishermen use their hands to bait the hook and cast the line into the ocean from the deck of the boat.
Tuna is a species of fish that is often caught using this technique.
The daily catch of tuna with respect to the number of fishermen is given in the following table:
Number of Fishermen Daily Tuna Catch (lb)0 01 502 1103 3004 4505 5906 6657 7008 7259 710
The profit is calculated as follows:
Profit = Revenue - Cost of production
We can calculate the revenue by multiplying the daily catch with the market price of tuna: $3.50 x Daily Tuna CatchThe cost of production will be the total wage paid to the fishermen (daily wage rate * the number of fishermen):
$100 x Number of Fishermen
So,Profit = $3.50 x Daily Tuna Catch - $100 x Number of Fishermen
Now, we need to find out the profit for different numbers of fishermen:
Number of Fishermen Daily Tuna Catch (lb) Profit0 0 -$1001 50 -$50.002 110 $40.003 300 $100.004 450 $200.005 590 $270.006 665 $190.007 700 $100.008 725 $75.009 710 -$190.00
The company should use four fishermen as this is where the profit is the highest. Therefore, it can earn a profit of $200 per day by using four fishermen.
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mack sennett built the first film production studio in hollywood that strictly made comedies.truefalse
Sennett established his own business, the Keystone Company, in Los Angeles, California, in 1912. In that location, in 1914, he created Tillie's Punctured Romance, a full-length comedy starring Charlie Chaplin and Marie Dressler. True.
What possessed Mack Sennett notoriety?
The "King of Comedy" was a Canadian actor, director, and studio head by the name of Mack Sennett (born Michael Sinnott; January 17, 1880 – November 5, 1960). He began his career in movies with the New York City Biograph Company in 1880 and subsequently established Keystone Studios in Edendale, California, in 1912. He was born in Danville, Quebec. Sennett rose to fame as the creator of slapstick routines like pie-throwing and automobile chases, which were included in the Keystone Cops movies, and Keystone had the first fully enclosed cinema stage.
His Bathing Beauties, many of whom went on to have great acting careers, were featured in short films that he also produced.
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Which of the following statements about quality of management is true? all are correct statements Falthe correlation coefficient between quality of management and financial soundness is strongly positive.se The correlation coefficient between long term investment value and financial soundness is strongly positive. Quality of management can be understood to be a proxy for the goodness of a company. Question 10 Which of the following statements about analysts' returns forecasts is correct? Analysts typically expect future equity returns to be directly related to beta. Analysts typically expect future equity returns to be directly related to market capitalization. Analysts typically expect future equity returns to be directly related to price to book-value per share.
Quality of management can be understood to be a proxy for the goodness of a company is statement is true. Analysts typically expect future equity returns to be directly related to price-to-book-value per share is true statement.
The quality of management is one of the most critical determinants of the success of any business. The quality of management is significant because it affects the way that the organization is run and, as a result, the organization's profitability. Quality of management may be determined by a number of factors, such as the education and experience of the management team, the ability of the management team to communicate and coordinate with employees, and the management team's capacity to make wise decisions.The correlation coefficient between long-term investment value and financial soundness is strongly positive. This is not a true statement because the correlation between long-term investment value and financial soundness cannot be directly attributed to quality of management.Analysts typically expect future equity returns to be directly related to beta. This statement about analysts' returns forecasts is not correct.Analysts typically expect future equity returns to be directly related to market capitalization. This statement about analysts' returns forecasts is not correct.Analysts typically expect future equity returns to be directly related to price-to-book-value per share. This statement about analysts' returns forecasts is correct.
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Exchanging a good or service for money is called
Answer:
The meaning of the word is Exchange
Explanation:
In a business-to-business transaction, the seller offers the buyer a 2 percent discount for paying a bill early. If the buyer takes advantage of this offer, how much would be discounted on a $12,000 invoice? help asap
If the buyer takes advantage of the 2 percent discount offered for paying early on a $12,000 invoice, the amount discounted would be $240.
What is the discount?Generally, The practice of transforming a value acquired at a later time period into a value that is equal to one that is received immediately is known as discounting.
A dollar received in fifty years from now, for instance, may have a lower worth than a dollar received now; discounting assesses the relative value of money at different points in time.
To calculate this, you can multiply the invoice amount ($12,000) by the discount percentage (2 percent, or 0.02).
$12,000 x 0.02 = $240
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A certain brand of nuts costs $6. 99 for 15. 4 ounces. What is the unit rate? Enter your answer, rounded to the nearest cent, in the box. $ per ounce.
Unit rate can be defined as the price of one item of a product or service, expressed per unit of measurement. It is calculated to determine the best value for a product. To find out the unit rate of a certain brand of nuts that costs $6.99 for 15.4 ounces, we need to divide the total cost by the number of units of the product.
That is, $6.99/15.4 = $0.45 (rounded to the nearest cent).Therefore, the unit rate of the brand of nuts is $0.45 per ounce.
In conclusion, for every ounce of nuts, it costs $0.45. The formula for finding a unit rate is as follows:
Unit rate = Total cost of the product / Number of units of the product.
Example 1: If a bag of chips costs $3.50 for 7 ounces, $3.50 ÷ 7 = $0.50 per ounce
Example 2: If a gallon of milk costs $4.50, what is the unit rate per quart?$4.50 ÷ 4 = $1.125 per quart.
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what is my profit margin ratio if my net income is $294 and my net sales is $3800
Answer:
Explanation: Net Sales = $3800
Net income= $294
Profit margin ratio= Net income/Net sales x 100
=$294/$3800 x 100
=7.73%
When the price of coffee increases 5%, quantity demanded decreases 10%. The price elasticity of demand for coffee is ________ and total revenue from coffee sales will ________.
When the price of coffee increases 5%, quantity demanded decreases 10%. The price elasticity of demand for coffee is -2 and total revenue from coffee sales will decrease.
The price elasticity of demand for coffee can be calculated using the formula:
Price elasticity of demand = Percentage change in quantity demanded / Percentage change in price
In this case, the price of coffee increases by 5% and the quantity demanded decreases by 10%. Plugging these values into the formula:
Price elasticity of demand = (-10% / 5%) = -2
Since the price elasticity of demand is negative, indicating an inverse relationship between price and quantity demanded, we can drop the negative sign for simplicity. Thus, the price elasticity of demand for coffee is 2.
Regarding the impact on total revenue from coffee sales, we can refer to the concept of the price elasticity of demand and the total revenue test.
The total revenue test states that if demand is elastic (elasticity > 1), a price increase will result in a decrease in total revenue. Conversely, if demand is inelastic (elasticity < 1), a price increase will lead to an increase in total revenue. When elasticity is equal to 1, total revenue remains constant.
In this case, the price elasticity of demand for coffee is 2, indicating elastic demand. Therefore, when the price of coffee increases by 5%, total revenue from coffee sales will decrease.
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under gaap the accrual system of accounting is used by investors
under GAAP, both investors and companies utilize the accrual system of accounting to ensure more accurate financial reporting and decision-making.
Under Generally Accepted Accounting Principles (GAAP), the accrual system of accounting is used by both investors and companies to prepare financial statements. The accrual accounting system recognizes and records transactions when they occur, regardless of when the cash is received or paid.
In accrual accounting, revenues are recognized when they are earned, and expenses are recognized when they are incurred, regardless of when the actual cash flow takes place. This system provides a more accurate representation of a company's financial position and performance over a specific period.
Investors rely on financial statements prepared using the accrual system of accounting to make informed investment decisions. By recognizing revenues and expenses in the period they are earned or incurred, accrual accounting provides a more comprehensive view of a company's financial health and performance compared to cash basis accounting, which records transactions only when cash is exchanged.
Accrual accounting allows investors to analyze a company's profitability, growth, and financial stability by considering its revenue recognition, matching of expenses with related revenues, and the timing of cash flows. This information helps investors assess the company's ability to generate future cash flows and evaluate its overall financial condition.
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Strategic Sourcing is a comprehensive approach for locating and sourcing key suppliers, so that an organization can leverage its consolidated purchasing power to find the best possible values in the marketplace. true false
Strategic Sourcing is an integrated approach of finding and sourcing the most reliable and valuable suppliers so that an organization can leverage its consolidated purchasing power to find the best possible values in the marketplace.
Strategic sourcing requires collaboration and communication with internal stakeholders and suppliers to ensure all requirements are met. It’s a long-term procurement strategy that takes into account several factors, such as supplier performance, quality, cost, delivery time, risks, and innovation.
By using strategic sourcing, organizations can reduce their procurement costs, increase their competitiveness in the marketplace, and achieve long-term business objectives. This approach also helps organizations to mitigate supply chain risks, ensure business continuity, and maintain their reputation.
In conclusion, the statement "Strategic Sourcing is a comprehensive approach for locating and sourcing key suppliers, so that an organization can leverage its consolidated purchasing power to find the best possible values in the marketplace" is true.
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Select all of the benefits to buying a home.
Answer:
The value of the home generally increases over time
The quality of your home increases
Once the mortgage is paid in full you own the home
You can make improvements in the place
Which of the following is a characteristic of a checking account?
1 Minimum money amount required to invest
2 Easy access to funds through a debit card
3 Fee charged if money is removed early
4 High rate of return on deposits
The characteristic of a checking account from the given options is: Easy access to funds through a debit card.
What features do checking savings accounts have?With a checking account, you can pay your bills, move funds to savings, get cash from ATMs, and use your debit card to make purchases. A crucial aspect of your personal money management is your bank account.
Which of the following describes a checking account's characteristics?Checking accounts offer simple methods for making deposits and withdrawals. In order to ensure that client and bank data always match, checking accounts are processed instantly. Checking accounts have fewer checks available but have greater interest rates. Checking accounts offer simple methods for making deposits and withdrawals.
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prepare a memo that addresses the following questions: 1. which if any of the resources are overallocated? 2. assume that the project is time constrained and try to resolve any overallocation problems by leveling within slack. what happens? 3. what is the impact of leveling within slack on the sensitivity of the network? include a gantt chart with the schedule table after leveling within slack. 4. assume the project is resource constrained and resolve any overallocation problems by leveling outside of slack. what happens?
A sample memo that addresses the following questions: 1. "which if any of the resources are overallocated?" is given below:
To: All the directors
Make an evaluation of the resources in use and find out which ones are overallocated and give me an immediate feedback.
What is a Memo?This refers to the term that is used to describe and define a written communication. These messages, which are sometimes abbreviated "memos," are typically succinct and made to be quickly comprehended. Thus, memos can effectively convey crucial information in order to implement dynamic changes.
Hence, it can be seen that from the sample memo above, you would have a good idea on how to make subsequent memos and this would help you achieve your goals and answer the questions, and most importantly, pass your class test and exercises.
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Click this link to view O*NET's Work Activities section for Postsecondary Education Administrators.
Note that common activities are listed toward the top, and less common activities are listed toward the bottom.
According to O*NET, what are common work activities performed by Postsecondary Education Administrators?
Check all that apply.
making decisions and solving problems
operating vehicles
communicating with supervisors, peers, or subordinates
establishing and maintaining interpersonal relationships
repairing and maintaining electronic equipment
drafting, laying out, and specifying technical devices, parts, and equipment
Answer:
BDE
Explanation:
Answer:
A C D
Explanation:
which of the following statements is (are) true? i. economic growth leads to a falling standard of living. ii. when economists refer to economic growth, they mean the growth rate of real per capita gdp. iii. economic growth refers to the growth rate of nominal per capita gdp.
Economic growth does not always lead to a falling standard of living, and it is not the same as the growth rate of nominal per capita GDP. Instead, it refers to the overall improvement in the production of goods and services.
i. False - Economic growth does not always lead to a falling standard of living. In fact, economic growth typically leads to a rising standard of living.
ii. True - When economists refer to economic growth, they mean the growth rate of real per capita gross domestic product (GDP).
iii. False - Economic growth does not refer to the growth rate of nominal per capita GDP. Rather, economic growth refers to an increase in production of goods and services and the associated improvement in economic indicators, such as GDP, employment, and consumption.
In conclusion, economic growth does not always lead to a falling standard of living, and it is not the same as the growth rate of nominal per capita GDP. Instead, it refers to the overall improvement in the production of goods and services.
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outline four reasons why ethical practices are necessary in product promotion
Answer:
(1) To create positive image/ reputation.
(2) To abide by laws of the country.
(3) To avoid environment pollution/ degradation.
(4) Avoid misleading consumers.
Explanation: