One of the most challenging tasks for any firm, including in fine fettle, is determining how much to spend on promotion. four basic methods are used for determining a firm's promotional budget: the affordable method, the percentage-of-sales method, the competitive-parity method, and the objective-and-task method. drag each description to the appropriate budgeting method and click submit. in fine fettle's management reviews its forecasted sales volume for the turmeric bar and sets is promotional budget at $150,000. in fine fettle's management reviews what it is trying to achieve with promotion and sets the budget based on anticipated expenses. in fine fettle looks at its competitors and finds that their average promotional spending ranges from $100,000 to $250,000. therefore, the promotional budget is set at $200,000. in fine fettle's management reviews its revenues and expenses and allocates promotional spending based on what management believes it has to spend.

1. list five staple convenience goods that you or your household buys on a regular basis. (you do not need to use complete sentences. 2.5 points) 2. list three impulse convenience goods that you or someone you know has purchased. (you do not need to use complete sentences. 2.5 points) 3. describe a shopping good that you or someone you know purchased. what kind of research did you or that person do before buying the product? (1-5 sentences. 3.0 points) 4. choose an example of a company you could start, and decide which business structure would make the most sense for that type of company (sole proprietorship, partnership, llc, c corporation, s corporation, or nonprofit corporation). explain why this structure would be good for this type of company. give at least 3 reasons. (3-6 sentences. 6.0 points) 5. if you were starting a new business, describe at least three departments to the company that you would need right away. why are these departments so important? (1-5 sentences. 3.0 points) 6. describe a product that you think has saturated its market. what makes you think it has saturated its market? (1-5 sentences. 3.0 points)