Homework Help for Business

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Business is concerned with the study of organizations, entities or commercial activity that involves selling goods or services for a profit.

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Adam has a home appliance store that sells electronics such as refrigerators, television, video recorder, vacuum cleaner, microwaves and many others. For a long time, he used cash-paying methods at the lowest price. Although he does not have many customers, the ones he has are loyal the store. However, with a new store opening nearby selling similar goods, his area his business starts to deteriorate.

Ever since the sales decreases, Adam faces operation expenses problems, since the margin of his business is not enough to cover the overhead cost like rent, salary and other payments. The fact that Adam is a very honest person and has a good relationship with customers does not stop the buyers from choosing other options provided at the new nearby store. Adam later realises that the new store actually sells electronics at a higher price than him. 

Adam is now struggling but trying to figure out the best solution to his increase his sales. He is also still figuring out whether he will change his payment methods.

Based on the above, write an essay on how Adam can improve the sales of his store. You have to include the following points:

  1. Adam has been using cash payment method for a long time. Elaborate on the advantages of this method.
  2. In your opinion, why did Adam’s customers prefer the new even though the prices are definitely higher than Adam’s?
  3. Suggest new ways or methods that may be effective for Adam’s shop. Make sure to elaborate on the characteristics and advantages of your idea.

Take note that the answer must be written in an essay form. It should contain at least 750 to 1000 words.

                                                                                    [20 Marks]

Avatar image
jimsavard9 asked for the first time
in Business·
4 Nov 2022

 

AD#4

  1. What advertising strategies are being used in this ad? (Identify at least 3)

 

  1. Who is the target audience in this ad? Explain your choice(s). 

 

 

NOTES:

 

Food Advertising Strategies

Advertisers have many methods to try and get you to buy their products. Lots of times, what they are selling is a lifestyle, or an image,

rather than the product. Here are some trick of the trade.

 

Ideal Kids/Families

Hip looking kids, always seem perfect and getting along, product shows families coming together

 

Excitement

The product makes life better and fun

 

Star Power

Sports stars or celebrities tell you that the product is the best or that they use it.

 

Bandwagon

Join the crowd, everyone is buying the product

 

Scale

Produce made to look bigger or smaller than it actually is

 

Put Downs

Put down a competitors product(s)

 

Heart Strings

Ads that have a story meant to make you feel good

 

Sounds Good

Music and sound effects used to add excitement. Jingles that stay in your head

 

Weasel Words

Misleading the words used OR stretching the truth of what is being used

Omission/Leaving out Details

Ads do not give you the whole story in order to make the product look better.

11.Facts and Figures

Use number to make the product look better

 

12. Repetition/Music

Hear the product name over and over again to help you remember it

 

13. Humour
Uses humour to catch attention

 

14. Over the Top
Uses extreme examples, false or non-factual claims

Ex. “The Best Coffee for the Best YOU”

 

in Business·
4 Nov 2022

 

AD #1 

  1. What advertising Strategies are being used? Explain your choice(s). 

 

  1. Who is the target audience? Explain your choice(s).

 

Notes

 

What is advertising?

Advertising is the most influential form of media in our country. Ads are a way to inform people of their options and persuade them to act in prescribed ways.

Ex- Fast Food ads want you to come and purchase their food.

 

Target Audience

A target audience is the group of people that an advertisement is directing their ad at.

Ex- Disney is now advertising to Older Adults with

the slogan “Remember the Magic”.

 

Three Ways to Promote Food:

1. Premiums- If you purchase one produce then you will get a ‘Free’ add on item.

Ex- If you buy two bags of chips you will get one Liter of pop free.

 

2. Sweepstakes- The produce you are purchasing has information or an entry form/code to enter a draw to win a prize.

 

3. Kids Clubs- Sign up to get a membership card and special offers.

 

 

 

 

 

Food Advertising Strategies

Advertisers have many methods to try and get you to buy their products. Lots of times, what they are selling is a lifestyle, or an image,

rather than the product. Here are some trick of the trade.

 

Ideal Kids/Families

Hip looking kids, always seem perfect and getting along, product shows families coming together

 

Excitement

The product makes life better and fun

 

Star Power

Sports stars or celebrities tell you that the product is the best or that they use it.

 

Bandwagon

Join the crowd, everyone is buying the product

 

Scale

Produce made to look bigger or smaller than it actually is

 

Put Downs

Put down a competitors product(s)

 

Heart Strings

Ads that have a story meant to make you feel good

 

Sounds Good

Music and sound effects used to add excitement. Jingles that stay in your head

 

Weasel Words

Misleading the words used OR stretching the truth of what is being used

Omission/Leaving out Details

Ads do not give you the whole story in order to make the product look better.

11.Facts and Figures

Use number to make the product look better

 

12. Repetition/Music

Hear the product name over and over again to help you remember it

 

13. Humour
Uses humour to catch attention

 

14. Over the Top
Uses extreme examples, false or non-factual claims

Ex. “The Best Coffee for the Best YOU”

in Business·
4 Nov 2022

 

AD #2

  1. What Advertising strategy is being used? Explain your choice(s). 

 

  1. Do you think that it is an effective way to introduce a new product? Explain. 

 

 

Notes: 

What is advertising?

Advertising is the most influential form of media in our country. Ads are a way to inform people of their options and persuade them to act in prescribed ways.

Ex- Fast Food ads want you to come and purchase their food.

 

Target Audience

A target audience is the group of people that an advertisement is directing their ad at.

Ex- Disney is now advertising to Older Adults with

the slogan “Remember the Magic”.

 

Three Ways to Promote Food:

1. Premiums- If you purchase one produce then you will get a ‘Free’ add on item.

Ex- If you buy two bags of chips you will get one Liter of pop free.

 

2. Sweepstakes- The produce you are purchasing has information or an entry form/code to enter a draw to win a prize.

 

3. Kids Clubs- Sign up to get a membership card and special offers.

 

 

 

 

 

Food Advertising Strategies

Advertisers have many methods to try and get you to buy their products. Lots of times, what they are selling is a lifestyle, or an image,

rather than the product. Here are some trick of the trade.

 

Ideal Kids/Families

Hip looking kids, always seem perfect and getting along, product shows families coming together

 

Excitement

The product makes life better and fun

 

Star Power

Sports stars or celebrities tell you that the product is the best or that they use it.

 

Bandwagon

Join the crowd, everyone is buying the product

 

Scale

Produce made to look bigger or smaller than it actually is

 

Put Downs

Put down a competitors product(s)

 

Heart Strings

Ads that have a story meant to make you feel good

 

Sounds Good

Music and sound effects used to add excitement. Jingles that stay in your head

 

Weasel Words

Misleading the words used OR stretching the truth of what is being used

Omission/Leaving out Details

Ads do not give you the whole story in order to make the product look better.

11.Facts and Figures

Use number to make the product look better

 

12. Repetition/Music

Hear the product name over and over again to help you remember it

 

13. Humour
Uses humour to catch attention

 

14. Over the Top
Uses extreme examples, false or non-factual claims

Ex. “The Best Coffee for the Best YOU”

in Business·
4 Nov 2022

AD #1 

  1. What advertising Strategies are being used? Explain your choice(s). 

 

  1. Who is the target audience? Explain your choice(s).

 

Notes to help out: 

What is advertising?

Advertising is the most influential form of media in our country. Ads are a way to inform people of their options and persuade them to act in prescribed ways.

Ex- Fast Food ads want you to come and purchase their food.

 

Target Audience

A target audience is the group of people that an advertisement is directing their ad at.

Ex- Disney is now advertising to Older Adults with

the slogan “Remember the Magic”.

 

Three Ways to Promote Food:

1. Premiums- If you purchase one produce then you will get a ‘Free’ add on item.

Ex- If you buy two bags of chips you will get one Liter of pop free.

 

2. Sweepstakes- The produce you are purchasing has information or an entry form/code to enter a draw to win a prize.

 

3. Kids Clubs- Sign up to get a membership card and special offers.

 

 

 

 

 

Food Advertising Strategies

Advertisers have many methods to try and get you to buy their products. Lots of times, what they are selling is a lifestyle, or an image,

rather than the product. Here are some trick of the trade.

 

Ideal Kids/Families

Hip looking kids, always seem perfect and getting along, product shows families coming together

 

Excitement

The product makes life better and fun

 

Star Power

Sports stars or celebrities tell you that the product is the best or that they use it.

 

Bandwagon

Join the crowd, everyone is buying the product

 

Scale

Produce made to look bigger or smaller than it actually is

 

Put Downs

Put down a competitors product(s)

 

Heart Strings

Ads that have a story meant to make you feel good

 

Sounds Good

Music and sound effects used to add excitement. Jingles that stay in your head

 

Weasel Words

Misleading the words used OR stretching the truth of what is being used

Omission/Leaving out Details

Ads do not give you the whole story in order to make the product look better.

11.Facts and Figures

Use number to make the product look better

 

12. Repetition/Music

Hear the product name over and over again to help you remember it

 

13. Humour
Uses humour to catch attention

 

14. Over the Top
Uses extreme examples, false or non-factual claims

Ex. “The Best Coffee for the Best YOU”

Avatar image
Ao729366 asked for the first time
in Business·
21 Oct 2022

How to do true or false:

Solve the system of equations. Hint: From graphing the equations, identify any points of intersection, and then verify these points as solutions.
After you have watched the video and reviewed the Key Concepts and Summary, complete this short self-check by answering the questions below. This ensures you understand the concepts presented in the video.
 
______ Most of us want to more fully achieve our potential.
______ Human beings have a nearly unlimited amount of potential.
______ The research of Dr. Andrew Howell and colleagues found that people with a growth mindset, who believe that their well-being is adaptable and can change, had higher levels of well-being.
______ Values are those principles we hold near and dear and make up a significant piece of our self-image.
______ We do not create our own mindset barriers.
______ Individuals who report feeling content and satisfied with their lives tend to have activities that encompass the five elements of PERMA.
______ In the PERMA model, "P" is associated with Positive Emotion, which can be defined as managing positive and negative emotion to maximize positive emotional experience in our life.
______ In the PERMA model, "R" is associated with Resilience.
______ Contributing to something beyond oneself is defined as a sense of meaning or purpose.
______ Achievement, success in progressing toward goals, and mastery at the highest possible level, are all encompassed in the element of "Accomplishment" in the PERMA model.

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