QUESTION PROGRESS Click And Drag Introduction ick And Drag Match the Budgeting A
ID: 2620027 • Letter: Q
Question
QUESTION PROGRESS Click And Drag Introduction ick And Drag Match the Budgeting Approaches with the disadvantages assoclated with each of the methods Payout Planning Disadvantages of Varlous Budgeting Approaches Budgeting Approaches It treats advertising as an expense associated with making a sale rather than as an investment; is difficuit to employ for new product Introductions. The Affordable Method Quantitative Models the long as sales continue to be the basis for evaluation, It is rarely possibie to assess earnings provided by the promotion effort, making It a difficult method to emplay Percentage of Sales Method Arbitrary Allocation Method s set of approaches has yet to reach its potential because of the need for further refinement, which limits its widespread success Firms have difficuity determining which specific actions will be required and the costs associated with each of those actions Objective and Task Method This approach is characterized by no systematic thinking, and has no Obhective and Task Methe It assumes that since firms have similar promotional expenditures, their promotions wil be equally effective. Competitive Parity Method comperitive Parity Method The logic for not getting into financial probiems may be true in an accounting sense; it may lead to budget outs in a recession, when the firm can benefit from maintaining or Increasing the budget. Return on Investment Method It isn't a pertect approach and works logically when used in conjunction with the objective and task methodExplanation / Answer
Answers were given in sequence of list given above
1. Percentage of Sales Method.
2. Return on Investment
3. Quantitative Models
4. Objective & Task method
5. Arbitray Allocation method
6. Competetive parity method
7. Affordable method
8. Payout Planning