Need marketing help with a Homework question about a the percentage of sales

timer Asked: Nov 23rd, 2015
account_balance_wallet $5

Question Description

Which of the following statements is true regarding the percentage of sales approach to budgeting?

       It views advertisement as an investment measures its return by calculating percentage increase in sales for a particular period.

       It attempts to spend at levels proportional to the competition's spending.

       It is based on the belief that advertising causes sale.

       It selects a percentage of sales, either past or expected to devote to advertising.

Tutor Answer

School: University of Virginia

Thank you for the opportunity to help you with your question!

 It selects a percentage of sales, either past or expected to devote to advertising.

it allocates a certain percentage of the antici[ated sales revenue to advertising 

Please let me know if you need any clarification. I'm always happy to answer your questions.

flag Report DMCA

Top quality work from this guy! I'll be back!

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors