ACC 301-Spring 208 Group Project Document Mesmerizing Marketers (MM) is a marketing company that offers a variety of marketing oflerings to its customers. Specifically MM will create a TV commecial for SIM, build an app for 5500K and build a Facehook page for $250K. mounts represas MM's charges for thes kis w n MM sells them separately to customers. The TV commercial, the app, and the Facebook page are not interrelated, that is, each functions independently of the ether offenngs . If a customer purchases all aforementioned items topether, the total cod is $1.5M Payment terms ane 50 percent consderation due at contract signing. with the emaining 50 pcront due over the rest of the development period (25 pcroent at mid-point 25 If the app is downloaded 500K times or more in the firt moeth, there is a one-time bonus of $250K payable to MM . Stone, a customer, approaches MM with the hopes of scinventing its image to a younger customer base. Stone has a verbal agreoment with MM that is based on MM's unsigned quote to Stone on November 30, 2013, for one TV commercial, one app, and a Facchook page. The agreement creates enforceable rights and obligations pursunt to MM's cudomary business practices. None of these items can be redirected by MM to another customer. MM parfoemed a credit chock on Slone and has determined Stone has the inaction andility to pay MM for fulfilling its postion of the contract. Stone is required to pay MM for date if Stone cancels the conract with MM for reasons other than MM's ilure to perfom under the contract as promised Stone makes a payment on November 30, 2015, in the amount of $730K purunt to the agroement From the dale of the quotc, it takes MM sis months to develop and podace the TV commercial two weeks to complete the Facebook page, and three months to complete a fully functioning app. MMdoes not think that the app will be dounloaded 500K times in the frst month because Stone's customer base does not quickly accept newly developed techmology. On the basis of its expericnce with simalar technology, M has determined that it takes over throe months for Stone's users to begin to download its apps Required: with all group Please-t one hd copy ofyour answers per group listed in class on Febeuary 28, 2018 members names * Late submissions will not be accepted. - Please email me should you hae any issues with group members not pelling their weight ACC 301-Spring 208 Group Project Document Mesmerizing Marketers (MM) is a marketing company that offers a variety of marketing oflerings to its customers. Specifically MM will create a TV commecial for SIM, build an app for 5500K and build a Facehook page for $250K. mounts represas MM's charges for thes kis w n MM sells them separately to customers. The TV commercial, the app, and the Facebook page are not interrelated, that is, each functions independently of the ether offenngs . If a customer purchases all aforementioned items topether, the total cod is $1.5M Payment terms ane 50 percent consderation due at contract signing. with the emaining 50 pcront due over the rest of the development period (25 pcroent at mid-point 25 If the app is downloaded 500K times or more in the firt moeth, there is a one-time bonus of $250K payable to MM . Stone, a customer, approaches MM with the hopes of scinventing its image to a younger customer base. Stone has a verbal agreoment with MM that is based on MM's unsigned quote to Stone on November 30, 2013, for one TV commercial, one app, and a Facchook page. The agreement creates enforceable rights and obligations pursunt to MM's cudomary business practices. None of these items can be redirected by MM to another customer. MM parfoemed a credit chock on Slone and has determined Stone has the inaction andility to pay MM for fulfilling its postion of the contract. Stone is required to pay MM for date if Stone cancels the conract with MM for reasons other than MM's ilure to perfom under the contract as promised Stone makes a payment on November 30, 2015, in the amount of $730K purunt to the agroement From the dale of the quotc, it takes MM sis months to develop and podace the TV commercial two weeks to complete the Facebook page, and three months to complete a fully functioning app. MMdoes not think that the app will be dounloaded 500K times in the frst month because Stone's customer base does not quickly accept newly developed techmology. On the basis of its expericnce with simalar technology, M has determined that it takes over throe months for Stone's users to begin to download its apps Required: with all group Please-t one hd copy ofyour answers per group listed in class on Febeuary 28, 2018 members names * Late submissions will not be accepted. - Please email me should you hae any issues with group members not pelling their weight