What factors are used in the rule-of-thumb methods to determine the communication budget?.

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03-08-2022
Business

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What factors are used in the rule-of-thumb methods to determine the communication budget?.

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Tutorconsortium349 Tutorconsortium349 · Answer 1 · 2022-08-06T09:11:10-04:00

Prior sales and communication activities

To determine the current communication budget, rule-of-thumb methods use prior sales and communication activities. These methods are simple to implement, but they do have some limitations.

What is rule-of-thumb?

A rule-of-thumb is a heuristic guideline that gives simplified counsel or a fundamental rule-set for a certain subject or course of action. It is a broad principle that provides specific directions for completing or performing a task. Generally, rules of thumb emerge from practice and experience rather than scientific study or a theoretical underpinning.

To learn more about rule-of-thumb from given link

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What factors are used in the rule-of-thumb methods to determine the communication budget?.

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What is rule-of-thumb?

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