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NEW QUESTION: 1
Scenario
Additional Information
During the initiation stage the Project Manager met with the Marketing Director to find out more about the requirements of the promotional calendar and recorded the following notes:
There has been a reduction in the order numbers at the MNO Manufacturing due in part to the increased marketing activities of its competitors. 10% of customers have not re-ordered in this financial year and staff morale is poor. A number of skilled staff have left as a result and replacement staff have not been recruited due to the reduced operation. If the project is successful, a recruitment campaign will be required to fill the existing staff vacancies and there may be a requirement for additional staff. Operational costs are likely to increase because skilled staff are expensive and difficult to find.
In financial terms, there were a total of 1,500 orders in the last financial year, each with an average profit of (GBP)2k. The Marketing department believes that sending a promotional calendar to our current and prospective customers would increase orders by at least 10% with a minimum of 10 further orders from the list of prospective customers within 12 months from the date of distribution.
The Marketing Director will be funding the project from the business marketing budget. She believes that the effect of a good company image portrayed by a successful calendar would last into a second year. She has forecast the same increase in orders for a second year and predicts that the annual employee satisfaction survey will show a measurable improvement in staff morale.
A number of alternatives were explored, including:
- 20% discount for all repeat customers - not cost-effective and very short term - A promotional calendar as a free Christmas gift - would target current and
---
prospective customers and the benefits would last into a second year
A series of television and press advertisements* was too expensive
A direct mail shot to all customers - benefit would be short term
Creation of an internet website - would not suit all customers
The calendar is seen as the favored option, as long as the company's competitors do not increase their marketing activity. Whilst the Marketing department wants a very high quality, glossy product, the project management team must be aware of the cost this will incur.
Which 2 statements should be recorded under the Business options heading?
A. Do nothing.
B. Use a professional photographer to create the photographs for the calendar.
C. Produce a promotional calendar as a free Christmas gift to current and prospective customers.
D. Outsource the creation of the calendar to a professional marketing company.
E. Create the photographs for the calendar internally.
Answer: A,C
NEW QUESTION: 2
Which cable should I install first when installing the following cables?
A. Yellow-green protective land
B. Blue power cord
C. Black workplace
D. Power monitoring line
Answer: A
NEW QUESTION: 3
A technician has installed an 802.11n network, and most users are able to see speeds of up to 300Mbps. There are a few users who have an 802.1 1n network card but are unable to get speeds higher that 108Mbps. Which of the following should the technician perform to fix the issue?
A. Roll back the firmware on WLAN card
B. Upgrade the OS version to 64-bit
C. Install a vulnerability patch
D. Upgrade the WLAN card driver
Answer: D
NEW QUESTION: 4
Finn Nance has recently passed his CFP exam and is now a certified financial planner. He has new
business cards printed that have the words "Certified Financial Planner" printed under his picture. In doing
so,
A. Finn is not in violation of any laws as long as he has notified the state Administrator of his new
designation and his new logo.
B. Finn has violated a securities law. The Uniform Securities Act prohibits anyone from using the word
"certified" on any advertisement for services.
C. Finn has not violated any laws or engaged in any prohibited practices.
D. Finn has possibly violated a state securities regulation. The Administrator in many states prohibits the
use of the word "certified" on any advertisement for services.
Answer: C
Explanation:
Finn has not violated any laws or engaged in any prohibited practices in using the words
"Certified Financial Planner" on his business cards. Had he indicated he had been certified or approved
by the state, he would have been in violation, but he is allowed to indicate a certification with a
professional organization in any advertising literature.