To develop a public relations program, which process approach would you choose for a client? Explain your thinking
What will be an ideal response?
• John Marston's R-A-C-E formula to influence public opinion, particularly through action. It demonstrates that if performance precedes publicity, there is a better opportunity to achieve goals and objectives.
• Sheila Clough Crifasi's R-O-S-I-E formula encompasses a more managerial approach because it emphasizes the functions of objectives, strategies, and implementation between research and evaluation as keys to sound public relations practice.
• R-P-I-E calls for planning and implementation between research and evaluation, which emphasizes that planning is a necessary step preceding activation of a communication initiative.
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A company is considering an iron ore extraction project that requires an initial investment of $1,400,000 and will yield annual cash flows of $613,228 for three years
The company's discount rate is 9%. Calculate IRR. Present value of ordinary annuity of $1: 10% 12% 14% 15% 16% 18% 20% 1 0.909 0.893 0.877 0.870 0.862 0.847 0.833 2 1.736 1.690 1.647 1.626 1.605 1.566 1.528 3 2.487 2.402 2.322 2.283 2.246 2.174 2.106 4 3.170 3.037 2.914 2.855 2.798 2.690 2.589 A) 15% B) 17% C) 14% D) 13%
Lisa stated that she thought that New Balance sneakers were high quality and high priced. This belief would constitute the products position in the market place.
a. true b. false