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Identify and assess the benefit and cost of a marketing approach?

There are many ways in which you could identify and assess the benefit and cost of a marketing approach. One way is to look at the paperwork.


What is cost- benefit approach?

Cost/benefit analysis is a systemetic approach for analysing any project for approval under which all benefits form specif project as well as cost associated with that project are listed and if benefits exceeds the cost then project is considered as feasable and acquired otherwise rejected.


What is benefit approach?

Cost/benefit analysis is a systemetic approach for analysing any project for approval under which all benefits form specif project as well as cost associated with that project are listed and if benefits exceeds the cost then project is considered as feasable and acquired otherwise rejected.


What is the purpose of using a cost benefit analysis?

You would use a cost-benefit analysis to see what the best approach would be to a problem. It helps you know what alternative is best in terms of effort, time, and cost.


What is current cost to company means?

Your present salary and other benefit in our current organization.


What is project analysis and cost benefit analysis for project?

it is an, approach allowing you to proceed a feasable study


What describes the purpose of using cost-benefit analysis?

to make decisions that maximize benefitsThe purpose of using cost-benefit analysis is to determine the options that provide the best approach for the practice and adoption in terms of cost savings, time and labor. The cost benefit analysis is also called a benefit cost analysis.To make decisions that maximize benefits


What does the transaction cost approach implies that an organization should?

select a mechanistic structure to reduce costs


What kind of companies benefit from an email marketing solution?

I think the kind of companies that will benefit from an email marketing solution are companies that offer a lot of speacial offers. This way they can easily get the offers to the customers without any cost of paper.


Do you think marketing to the poor is effective?

Of course. The effectiveness of marketing depends primarily on catering to the desires of the demographic group at question whilst budgeting such that the marginal benefit of courting the poor equals the marginal cost of marketing for the last unit of marketing.


What is the definition of a business cost analysis?

A cost benefit analysis is done to determine how well, or how poorly, a planned action will turn out. Although a cost benefit analysis can be used for almost anything, it is most commonly done on financial questions. Want to know whether that new machine is worth the cost? Do a cost benefit analysis. Not sure whether that proposed marketing campaign is a good idea? Do a cost benefit analysis. Worried about which health care plan to select for your employees? Do a cost benefit analysis. It's a great tool.


If you have total cost and total benefit how do you get marginal cost and marginal benefit?

Marginal cost is total cost/quantity Marginal benefit is total benefit/quantity