Business, 17.08.2019 21:10, egyptforrest9892
Baldwin's elite product brat has an awareness of 72%. baldwin's brat product manager for the elite segment is determined to have more awareness for brat than andrews' elite product ark. she knows that the first $1m in promotion generates 22% new awareness, the second million adds 23% more and the third million adds another 5%. she also knows one-third of brat's existing awareness is lost every year. assuming that ark's awareness stays the same next year (77%), out of the promotion budgets below, what is the minimum baldwin's elite product manager should spend in promotion to earn more awareness than andrews' ark product?
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