1) If two companies have developed a strategic partnership relationship, the sales approach which would be used in most situations would be the problem-solution approach.
2) In terms of types of personal selling, missionary salespeople are salespeople who provide information about a good or service.
3) The key to a direct response marketing program is the quality and type of appeal used in the direct mail piece.
4) In most cases, the most difficult part of prospecting is determining which prospects are viable.
There are various ways of classifying companies. Below are a few categories to consider while classifying companies based on specific characteristics:
Product-based companiesService-based companiesMarketing-based companiesRetailersNot-for-Profit CompaniesGovernment CompaniesEducational CompaniesIn terms of the homework questions, the sales approach that would be used in most situations when two companies have developed a strategic partnership relationship would be the problem-solution approach. This is a sales method that focuses on the customer's problem, trying to identify the underlying issue and presenting a solution that helps to solve the customer's problem.
Missionary salespeople provide information about a good or service and are tasked with creating a need in the buyer's mind. The key to a direct response marketing program is the quality and type of appeal used in the direct mail piece. The most challenging part of prospecting is determining which prospects are viable.
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under the -interest method, interest expense equals the bonds payable book value ___ times the market rate of interest.
It is multiplied by the market rate.
Under the effective interest method, interest expense equals the bonds payable book value multiplied by the market rate of interest.
Under the effective interest method, interest expense is calculated based on the carrying value of the bonds payable multiplied by the effective interest rate, not the market rate of interest.
The effective interest method is used to allocate interest expense over the life of a bond, taking into account the effective interest rate, which includes any discounts or premiums on the bond. The interest expense is calculated by multiplying the carrying value of the bonds payable (adjusted for any amortization of discounts or premiums) by the effective interest rate.
The formula for calculating interest expense under the effective interest method is:
Interest Expense = Carrying Value of Bonds Payable * Effective Interest Rate
The effective interest rate is determined based on the market rate of interest at the time of issuance and any premium or discount on the bonds. It reflects the total interest cost to be incurred over the life of the bond.
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Bank Teller:
You have worked as a bank teller for several months when one of the other tellers
who has become a good friend tells you that her daughter is extremely ill and that
se must have an operation to survive. She also tells you that she has no insurance
and the operation will cost $10,000. Sometime later you ask her about her
daughter and she tells you she is just fine now. She then confides in you that she
took $10,000.00 from a dormant account at the bank to pay for the operation
She assures you that she has already started paying it back and will continue to do
so until it is all returned.
What do you do?
1. Clearly state the problem/dilemma in this case
2. Identify the stakeholders in this case
3. Develop 3 different alternatives, and evaluate each with pros and cons
4. Recommend which alternative you would choose and why.
Rather than taking $10,000.00 from a dormant account to carry out the operation, she could have solicited funds elsewhere.
1. This is an ethical problem. In this case, the bank teller is wrong for taking $10,000.00 from the dormant account to carry out the operation. This is wrong and she could be sent to jail because this is fraudulent.
2. The stakeholders, in this case, are the bank, and the owner of the account.
3. The alternatives that the bank teller could have done include:
Borrowing from friendsTaking a loan.Soliciting for help online or from non-profit organizations.4. I'll choose "Soliciting for help online or from non-profit organizations" since it'll be free and I won't have to pay the loan back.
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what is double entry in financial accounting
Answer:
method of recording transactions where for every business transaction, an entry is recorded in at least two accounts as a debit or credit. In a double-entry system, the amounts recorded as debits must be equal to the amounts recorded as credits.
(01.04 MC) Graph shows values along the horizontal axis and vertical axis. Coordinates are plotted to indicate two upward-sloping diagonal lines and two downward-sloping diagonal lines. Line 1 is a downward sloping line with point S at 300,300 and Point U at 200, 400. Line 2 is a downward sloping line with point T at 500, 300. Line 3 is an upward sloping line with Point S at 300, 300 intersecting line 1 at S and also intersecting line 2. Line 4 is an upward sloping line with point T at 500, 300 intersecting Line 2 Use the above graph to answer the following question. Which of the following may occur as a result of an increase in the price of iPods? (1 point) a Shift from line one to line two b Move from point S to point U c Shift from line two to line one d Move from point U to point S
A Move from point S to point U; b Move from point S to point U; c Move from point U to point S; an increase in the quantity required.
What is a good illustration of an equilibrium price?A store sells 1,000 spinning tops for $10 each from a factory. However, no one is willing to purchase them at that cost. The store reduces the price to $8 in order to increase demand. At that price, 250 customers are interested.
Using the supply and demand framework, we can predict how an event will affect the equilibrium price and quantity using a four-step process.
Let's imagine a single event has occurred to begin thinking about changes in equilibrium price and quantity. It could be a occurrence that has an impact on demand, such as a shift in income, population, preferences, the prices of alternatives or complements, or expectations regarding future prices. Alternately, it could be a occurrence that alters supply, such as a shift in the natural conditions, the prices of inputs, technology, or production-influencing government policies.
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3
Drag the tiles to the boxes to form correct pairs.
Select the type of economic system that best matches each of the given descriptions.
traditional
market
command
mixed
based on government control
of resources and production
based on traditions and customs
based on the forces of supply and demand
based on price rationing and includes
some government involvement
The economic systems based on the desc riptions are:
based on government control of resources and production: commandbased on traditions and customs: traditionalbased on the forces of supply and demand: marketbased on price rationing and includes some government involvement: mixedWhat are economic systemsMarket systems also known as market economies are economic systems in which the production and distribution of goods and services is determined by the interaction of buyers and sellers in a free market in a market system individuals and businesses are free to produce and sell goods and services and consumers are free to purchase these goods and services
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A company uses a variable percentage markup of 35%. If the total cost of a product is $15. What is its selling price?
The selling price of the product is $20.25.To calculate the selling price of a product, we first need to understand what a variable percentage markup of 35% means.
This markup is applied to the total cost of the product, meaning that the selling price will be 35% more than the cost.
Using the given information that the cost of the product is $15, we can calculate the markup by multiplying 35% by $15, which gives us $5.25. Adding this markup to the cost, we get a selling price of $20.25.
It is important to note that the markup percentage may vary depending on the company's pricing strategy and market conditions, but in this case, it is a variable markup of 35%.
This pricing strategy is often used to ensure profitability and cover expenses while remaining competitive in the market.
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Carlos Ayeira, CFA, is discussing the traditional theories of the term structure of interest rates with a work colleague, Steven Cage. Cage makes the ...
Carlos Ayeira, CFA, and Steven Cage are discussing traditional theories of the term structure of interest rates.
Cage suggests that the pure expectations theory is flawed because it assumes investors have no preference for short-term or long-term bonds.
Ayeira counters that the liquidity preference theory accounts for this preference by showing that investors demand higher returns for holding longer-term bonds due to the risks associated with tying up their money for a longer period.
The pure expectations theory posits that the current long-term interest rate is an average of expected future short-term rates. However, Cage argues that this theory does not account for investor preferences for short- or long-term bonds, and therefore cannot accurately predict future interest rates.
Ayeira counters that the liquidity preference theory does account for these preferences, as it suggests that investors demand higher returns for holding longer-term bonds due to the risks associated with tying up their money for a longer period.
This theory therefore predicts that long-term interest rates will be higher than short-term rates, which is typically observed in the market. Overall, the liquidity preference theory provides a more nuanced and accurate explanation of the term structure of interest rates.
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Specialty Products Company has a high turnover rate among its employees, especially those
who are young parents. Solution to this problem
The company has to first investigate the reason why young parents are leaving the company. This is the first step towards resolving the issues of high turnover.
If it is because of the inability to care for their kids while at work, then the company can solve this problem by:
Turnover in human resources refers to the act of replacing one employee with a new employee. Termination, retirement, death, interagency transfers, and resignations are examples of separations between organizations and personnel.
Turnover in human resources refers to the act of replacing one employee with a new employee. Termination, retirement, death, interagency transfers, and resignations are examples of separations between organizations and personnel.
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Doug offers to sell a computer router to Eve, but it is stolen before Eve accepts. Doug:
a. is not required to obtain a similar item for Eve, because it could take an unreasonable period of time to obtain a replacement.
b. is not required to obtain a similar item for Eve, because the theft of the original router terminated the offer.
c. must obtain a similar item for Eve, if Eve offers to pay before delivery.
d. must obtain a similar item for Eve, if Doug tells Eve that he accepts the offer.
Answer:
The answer is B
Explanation:
Since its been stolen he can't offer her anything anymore based on that transaction
Libel is a defamatory or hurtful remark told about someone to others, and slander is when this remark or comment is broadcast over the TV, radio, printed in a publication, or forwarded to others on the Internet.
Answer:
This is false.
Explanation:
The statement in the question interchange the meanings of the two terms. The correct definitions are therefore given as follows:
Libel is can be described as a written or published false statement about another person that damages their reputation unjustly.
Slander refers a spoken false statement about another person that damages their reputation unjustly.
Based on the definitions above, the statement in the question can be correctly rewritten as follows:
Slander is a defamatory or hurtful remark told about someone to others, and libel is when this remark or comment is broadcast over the TV, radio, printed in a publication, or forwarded to others on the Internet.
Answer:
FALSE
Explanation:
i got it right
Assume that a company produced 10,000 units and sold 8,000 units during its first year of operations. It has also provided the following information: Per Unit Per Year Selling price $ 240 Direct materials $ 85 Direct labor $ 60 Variable manufacturing overhead $ 10 Sales commission $ 11 Fixed manufacturing overhead $ ? Fixed selling and administrative expense $ 250,000 If the company’s unit product cost under absorption costing is $208, then what is the amount of fixed manufacturing overhead per year?
The amount of fixed manufacturing overhead per year is $390,000
How to Calculate the unit cost?Cost of goods sold and unit costs are equivalent terms (COGS).
The costs both fixed and variable involved in producing a good or service are all included in this accounting measure.
Direct material per unit = $85
Direct labor per unit = $60
Variable manufacturing overhead per unit = $10
Fixed manufacturing overhead per unit = ?
Unit product cost = $194
Unit product cost = Direct material per unit + Direct labor per unit + Variable manufacturing overhead per unit + Fixed manufacturing overhead per unit
194 = 85 + 60 + 10 + Fixed manufacturing overhead per unit
Fixed manufacturing overhead per unit = $39
Number of units produced = 10,000
Total Fixed manufacturing overheads = Fixed manufacturing overhead per unit x Number of units produced
= 39 x 10,000
= $390,000
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Wilson Wonders's bonds have 12 years remaining to maturity. Interest is paid annu- ally, the bonds have a S1,000 par value, and the coupon interest rate is 10%. The Yield to Maturtty for Annual Payments bonds sell at a price of S850. What is their yield to maturity?
Answer:
approximate YTM = 12.16%.
Explanation:
the approximate yield to maturity = {coupon + [(face value - market value) / n]} / [(face value + market value) / 2]
approximate yield to maturity = {100 + [(1,000 - 850) / 12]} / [(1,000 + 850) / 2] = 112.5 / 925 = 0.1216 = 12.16%
An investor that purchases this bond at $850 can expect to earn a 12.16% return.
is it possible to have publicity on your own website why or why not
Yes it is possible for you to have publicity on your website.
Is it possible to have publicity on your own website why or why not?
Yes, it is possible to have publicity on your own website. Publicity refers to any form of promotion or advertising, and a website can be used as a platform to promote and advertise a business, product, or service. By having a website, you can create content such as articles, videos, images, and infographics that can be used to showcase your products or services and attract visitors to your site.
Additionally, you can also use various digital marketing techniques such as search engine optimization, pay-per-click advertising, social media marketing, and email marketing to promote your website and attract more visitors. In summary, having a website gives you a powerful platform to promote your business and attract potential customers.
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Ingredients for making simple homemade doughnuts
Answer:
1 cup (240ml) whole milk, warmed to about 110°F (43°C)*
1 Tablespoon active dry yeast*
1/3 cup (65g) granulated sugar.
2 large eggs.
6 Tablespoons (86g) unsalted butter, melted and slightly cooled.
1 teaspoon pure vanilla extract.
1/4 teaspoon ground nutmeg.
1/2 teaspoon salt.
How can I avoid paying taxes?
You can save money on taxes by investing Rs 1.5 lakh under Sec 80C to lower your taxable income.
The fraction of your gross income that is considered taxable is what is utilised to determine your tax liability for a specific tax year. It can be generically characterised as adjusted gross income (AGI) minus eligible standard or itemised deductions. Wages, salaries, bonuses, and tips are all considered forms of taxable income, along with the income from investments and different unearned sources. The basis on which an income tax system levies tax is referred to as taxable income. Alternatively put, the amount of income that was subject to taxation. In most cases, it consists of all or a portion of the income and is lessened by costs and other deductions. The sums that are taken into account as income, costs, and other deductions differ by nation or accounting system.
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Dev is an enterprising youngster who wants to start a business of manufacturing men's accessories. However, he is facing shortage of funds. Suggest to him various forms in which credit can be availed from banks
Answer:
small business loan, real estate loan, personal credit line
Explanation:
There are various types of loans that banks can offer an individual like Dev. Some of these include a small business loan, real estate loan, personal credit line. Each of these has different requirements that need to be presented in order to be accepted for such a loan. The small business loan is available to individuals wanting to start a business and have all of the details and equipment already planned. The real estate loan can help Dev purchase the necessary real estate for his business. Finally, the personal credit line can help Dev pay for the necessary day-to-day expenses of the business.
HELP I AM BEING TIMED!!!!!
Damell has an eye for detail and is good at drawing realistic pictures. His friend Riannon is very good with her
hands and at following directions to assemble materials. Considering Damell and Riannon's skills, how would they
best fit into careers in architecture and construction?
Damell is bemer fit for work in construction, while Riannon is better fit for work in architecture.
O Riannon is better fit for work in construction, while Damell is better fit for work in architecture.
Both Damell and Riannon would be more successful in architecture than in construction.
O Both Damell and Riannon would be more successful in construction than in architecture.
Answer: b
Explanation:
in these, the Damell and Riannon's skills, they best fit into careers in architecture and construction is Riannon's is better fit for work in construction, while Damell is better fit for work in architecture. The correct option is (B).
What do you mean by the architecture?Architecture, as opposed to construction-related abilities, is the art and technique of designing and building.
Architecture is a discipline that satisfies both functional and expressive needs, and as a result, it serves both utilitarian and aesthetic goals.
These two ends can be identified from one another but they cannot be separated, and the proportional importance accorded to each can differ significantly.
In accordance with the requirements of its various organizations, society determines the types of architecture, not architects. Society establishes the objectives, and the architect is tasked with figuring out how to get there.
Therefore, in these the Damell and Riannon's skills, they best fit into careers in architecture and construction is Riannon's is better fit for work in construction, while Damell is better fit for work in architecture.
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last october, the highest-paying passenger on united flight 815 from chicago to los angeles paid $1,248.51. the lowest-paying passenger on the same flight paid $87.21. can we say anything about the likely elasticities of demand of the two customers? use the concepts of marginal analysis and opportunity cost to explain why it might make sense for united airlines to charge some lucky soul so little.
The highest-paying passenger on united flight 815 from Chicago to Los Angeles paid $1,248.51. the lowest-paying passenger on the same flight paid $87.21. The higher elastic of demand of the two customers.
What is demand?The term “demand” is relying on people needs and wants to the amount of goods and services. Demand is an economic notion that deals with the connection between consumer demand for goods and services and their market prices.
According to the demand of highest paying passengers was in inelastic was the disposition to pay advanced amount was the price increase. It was the demand for lowest was the elastic because their demand is shifting with the change of price.
As a result, the significance of the demand of the two customers are the aforementioned.
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withholding information from customers and revealing it at the close would most likely:
Withholding information from customers and revealing it at the close would most likely result in a decreased likelihood of customer loyalty and retention and a negative impact on sales. This practice not only affects customers but also has implications for other stakeholders involved in the business.
Explanation: Customers tend to trust brands and companies that are transparent and provide them with complete information about their products or services. If companies deliberately withhold information and then reveal it only at the close of the sale, customers are likely to feel misled or tricked.
This lack of transparency can have a negative impact on sales and result in decreased customer loyalty and retention. Customers may feel that the company does not value their business and may decide to take their business elsewhere in search of a more transparent and trustworthy company.In conclusion, it is important for companies to be transparent and provide complete information to their customers to build trust, increase customer loyalty, and boost sales.
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The Ritz-Carlton hotel in St. Louis has 140 standard rooms. It offers a $110 discount fare targeting leisure travelers and regular fare $200 targeting business travelers. Demand for low fare rooms arrives early and is abundant. The demand for high fare rooms follows a normal distribution with mean 40 and standard deviation 10.
a) What is the optimal booking limit for the low-fare customers?
b) Assume demand for regular-fare rooms is price insensitive (demand stays the same regardless of the regular fare). What value of the regular fare would make a booking limit of 70 optimal
The optimal booking limit for low-fare customers is 70 rooms. To determine the optimal booking limit for low-fare customers, we need to compare the demand for low-fare rooms with the available capacity.
Since the demand for low-fare rooms is abundant, we can set the booking limit to the maximum capacity available, which is 140 rooms.
b) To find the regular fare that would make a booking limit of 70 optimal, we need to consider price sensitivity. Since demand for regular-fare rooms is assumed to be price insensitive, it means the demand will remain the same regardless of the regular fare. Therefore, the value of the regular fare does not affect the optimal booking limit, and we can still set it to 70 rooms.
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Which of the following are automatically withheld from paychecks?
jerry left a $4.40 tip on a meal that cost $20. what percent of the meal's cost was the tip? what was the total cost of the meal including the tip?
help
You read a script about a poor young woman living in London in the 1980s who becomes a famous dancer. Which of the following authors would be most likely to have written this script?
An 80-year-old man who was an engineer in Chicago.
A 50-year-old woman who grew up in a poor part of London.
A 19-year-old man who writes music reviews for an online magazine.
A 25-year-old woman who works as a server in Las Vegas.
Answer:
a 50 year d for sure
Explanation:
I would say B
Assume that any taxes in this economy are a fixed sum so that changes in disposable income are the same as changes in real GDP. In this case, the slope represents ___________
Suppose that all taxes in this economy have a set amount, ensuring that changes in disposable income are equivalent to changes in real GDP. The slope in this situation shows marginal inclination to consume.
The term "marginal propensity to consume" means what?The amount of a consumer's marginal propensity to consume (MPC)—a term used in economics—is the fraction of a wage increase that they choose to spend on purchasing goods and services rather than saving.
A MPC bigger than 1: What does it mean?Indicating that increases in income levels result in proportionately higher changes in the consumption of a specific good is the presence of an MPC that is greater than one.
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The slope of the consumption function measures the amount by which consumption will increase when disposable income increases by one unit.
What exactly is disposable income?Disposable income is the amount of income that households have available for spending or saving after taxes have been paid and government transfers (such as social security payments or unemployment benefits) have been received. It is calculated by subtracting taxes and transfers from total income. Disposable income represents the income that households can use to meet their current consumption needs, save for the future, or use to pay down debt. It is an important measure of household financial resources and can have a significant impact on consumer spending and economic growth.
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flawed ways to pursue a strategy to be a low-cost provider of branded footwear include
One flawed way to pursue a strategy to be a low-cost provider of branded footwear is to compromise on the quality of materials used in production.
Another flawed approach would be to cut corners on labor costs, such as paying workers lower wages or using sweatshop labor.
Additionally, relying on cheap marketing tactics that deceive customers about the quality of the product is also a flawed way to pursue a low-cost strategy.
Reducing the quality of materials used in production is a common approach that some companies may take to lower their production costs. However, this strategy can backfire by damaging the brand's reputation and causing a loss of customers who value quality over price.
Similarly, cutting labor costs by paying workers lower wages or using sweatshop labor is not only unethical but can also lead to poor quality products and negative publicity.
Lastly, deceptive marketing tactics, such as claiming a product is of higher quality than it actually is, can lead to distrust among customers and ultimately harm the company's brand reputation.
In conclusion, while a low-cost strategy can be effective in gaining a competitive edge in the market, it is important to avoid flawed approaches that compromise on quality, labor ethics, or honesty with customers.
A sustainable low-cost strategy should focus on streamlining production processes, negotiating favorable deals with suppliers, and finding innovative ways to reduce costs while maintaining quality and ethics.
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Which skills are most likely to start at birth and develop as a person matures?Planning aides work with _____.
school planners
city planners
federal planners
business planners
Answer:
im thinking C. or D.
Explanation:
Telling customers that they only have until midnight to get sale prices is an appeal to
A. ethos.
B. logos.
C. pathos.
D. kairos.
Answer:
D. kairos.
Explanation:
Telling customers that they only have until midnight to get sale prices is an appeal to kairos.
Answer:
It's d
Explanation:
When calculating the effective rate of a loan which statement must be true if n is equal to 1?
The statement must be true if the nominal rate equals the effective rate. The option A is correct.
Nominal interest rate is another term for nominal interest rate. Simple interest is used to calculate this interest; compounding periods are not taken into account. The effective interest rate is the one that takes into account the compounding times throughout a payment schedule.
The term "nominal rate" describes the annual interest that would be earned if you took a monthly interest withdrawal from the account. If the interest is added to the account balance each month, the annual "effective" rate represents the total amount paid over the course of the year.
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The complete question is given below
When calculating the effective rate of a loan, which statement or statements must be true if n is equal to 1?
A. The nominal rate equals the effective rate.
B. The length of the loan is exactly one year.
C. The interest is compounded annually.
what is IAAS define?
with example.
Answer:
IAAS is a cloud computing service model by means of which computing resources are hosted in a public, private or hybrid cloud.
Explanation:
The full form of IAAS is Infrastructure As A Service.
Answer:
AAS is a cloud computing service model by means of which computing resources are hosted in a public, private or hybrid cloud.
Explanation:
A tort is a wrong or ______ to another, other than breach of contract.
Multiple choice question.
bread
compensatory
claim
injury
A tort is a wrong or injury to another, other than a breach of contract.
Notwithstanding the similarities between tort and contract law, a breach of a contract is not a tort. There is no contract between the parties in a tort suit. Just taking care is all that is required by law, not by the parties. A tort is a civil offence for which someone is legally responsible. A tort is an action or inaction that causes harm to another person.
When discussing torts, the terms injury and harm relate, respectively, to the violation of a person's legal rights and the actual loss or harm that person actually experiences. An act or omission that causes harm to another person is known as a civil tort, and the court is responsible for it. Damage in the context of a tort is the actual loss or hurt that a person experiences, whereas injury is the violation of legal rights.
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