Chester's Elite product Cell has an awareness
of 72%. Chester's Cell product manager for the Elite segment is determined to have more awareness for Cell than Andrews' Elite product Art. She knows that the first $1M in promotion generates 22% new awareness, the second million adds 23% more and the third million adds another 5%. She also knows one-third of Cell's existing awareness is lost every year. Assuming that Art's awareness stays the same next year (77%), out of the promotion budgets below, what is the minimum Chester's Elite product manager should spend in promotion to earn more awareness than Andrews' Art product?
Recently Asked Questions
- Please refer to the attachment to answer this question. This question was created from ch5 (1).
- The sales projection for the month of July is 6 , 000 units to be sold at a unit price of $ 10.50 . The management of the company projects that there will be a
- long answer of: 1- explain viscosity and its role in the formation of different volcanic features using basaltic and rhyolitic magmas as examples. 2- Briefly