ART 1: Think of something you purchased that you no longer use because it became outdated or obsolete. Upload a picture of the item in the discussion thread along with answers to the following questions:
“Define Integrated Marketing Communications (IMC) and explain the goal of IMC. Also list and describe the seven (7) different components of the communication process. Lastly, discuss at least three (3) factors firms should use as marketing metrics to plan for and measure IMC success”
1. Explain what would happen to equilibrium price and quantity in the market for Pepsi if the following occurred (be sure to indicate WHY it happens as well):
a. The price of Coke decreases.
b. Average household income falls from $50,000 to $43,000
c. There are improvements in soft-drink bottling technology.
d. The price of sugar increases and the Pepsi launches an extremely successful advertising campaign.
2. Use the following equations for demand and supply to solve for market equilibrium price and quantity:
Demand: Qd = 100 4P
Supply: Qs = 10 + 6P
3. . Using the diagram below, answer the following questions:
a. How much is the per-unit tax on cigarettes?
b. What price do consumers pay after the tax?
c. How much tax revenue is collected?
d. What is the amount of deadweight loss?
While information systems has one meaning, it can be used in different ways for companies to keep a competitive edge on the marketplace. Compare and Contrast two distinctly different organizations on how they use information systems in their organizations.
Include in your post the following:
Properly reference the companies in your post if required using APA format.
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