Based on business strategy, the salesperson needs to pay close attention to the buyer's interests during the need discovery phase to "uncover the dominant buying motives."
What is the Need Discovery Phase?The need discovery phase is when firms or salespeople try to understand the motives of the consumers, their needs, and requirements.
As a salesperson, knowing why the buyer or consumer wants to buy a product will give you an edge to know how to market your products to the consumer.
Hence, in this case, it is concluded that the correct answer is "uncover the dominant buying motives."
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The ABC Corporation has a long-standing policy of maintaining a dividend payout ratio of 45%. ABC's net income for the year is $12 million, and there are 8 million shares of common stock outstanding. After a 3:2 stock split, the annual dividend per share is
Based on the information given the annual dividend per share is $0.45.
Distribution of net income to common shareholders:
Amount available for common shareholders=45%×$12 million
Amount available for common shareholders =$5,400,000
Number of shares:
Shares=(8 million shares × 3)/2
Shares= 24 million shares/2
Shares = 12 million shares
Annual dividend per share:
Annual dividend per share=$5,400,000/12 million shares
Annual dividend per share=$0.45
Inconclusion the annual dividend per share is $0.45.
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When a firm depends on customer advocacy for the promotion of its products, it faces which challenge?
A challenge which would faced by a business firm that depends on customer advocacy for the promotion of its products is: It is difficult to control the promotional messages created by customers.
Customer advocacy can be defined as a strategic process in customer service that involves a business firm placing its focus on what is deemed to be best for its end users or customers. Thus, it typically involves a business firm putting the needs of its customers first while delivering a solution-based assistance through its products and services.
However, a challenge which would faced by a business firm that depends on customer advocacy for the promotion of its products is that it is usually difficult to control the promotional messages created by customers, whether or not it is in line with firm's policy and standards.
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Identify the percent increase in total sales and the percent increase in sales of trench coats. Then find which percent of increase is greater and by how much greater it is than the other. (Round your answer to the nearest tenth. ) a. Sales of trench coats increased 0. 7 percentage points faster than total coat sales. B. Sales of trench coats increased 8. 3 percentage points faster than total coat sales. C. Total coat sales increased 2. 5 percentage points faster than sales of trench coats. D. Total coat sales increased 10. 7 percentage points faster than sales of trench coats.
The percentage increase in the total sales for 2006 is 15% while the increase in sales of the trench coats is 23.3%; therefore the percentage increase in total sales of trench coats is 8.3% faster.
Computation:
1. The total amount of sales for 2006 and 2007:
[tex]\begin{aligned}\text{Sales of 2006}&=103+297+210+213+137\\&=960\end{aligned}[/tex]
[tex]\begin{aligned}\text{Sales of 2007}&=127+223+210+285+259\\&=1104\end{aligned}[/tex]
2. Now, the percentage increase will be determined for the total number of coats and trench coats:
For the total number of coats, the values used will be the total sales of 2006, and total sales of 2007.
[tex]\begin{aligned}\text{Percentage Increase}&=\dfrac{\text{Sales of 2007}-\text{Sales of 2006}}{\text{Sales of 2006}}\times100\\&=\dfrac{1104-960}{960}\times100\\&=15\%\end{aligned}[/tex]
For the trench coats the values used will be the sale of trench coats in 2006 and 2007.
[tex]\begin{aligned}\text{Percentage Increase in Sale of Trench Coat}&=\dfrac{\text{Sales of 2007}-\text{Sales of 2006}}{\text{Sales of 2006}}\times100\\&=\dfrac{127-103}{103}\times100\\&=23.33\%\end{aligned}[/tex]
3. Now, the net percentage increase in sales due to the trench coats is computed as follows:
[tex]\begin{aligned}\text{Net Percentage Change}&=\text{\text{Percentage Increase in Trench Coat}-\text{Percentage Increase}}\\&=23.33\%-15\%\\&=8.3\%\end{aligned}[/tex]
Therefore, the correct option is option B. Sales of trench coats increased 8. 3 percentage points faster than total coat sales.
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You see an ad for a payday lender which ends with the tagline, “One payday loan is all it takes to get you back on track.” Does the data above support their advertising claim?
You see an ad for a payday lender which ends with the tagline, “One payday loan is all it takes to get you back on track.” Does the data above support their advertising claim? No, it does not support their advertising claim.
what does it mean when the fed raises interest rates
The type of research that compares a product or service with a competitor’s is called ?
focus groups
environmental research
market research
market intelligence tools
competitive research
Sean’s mother had to make an emergency purchase of a new tire because her tire went flat while she was traveling to the store. She is not sure how much money she has in her checking account. Which method of payment should she use to be financially responsible?
She should pay by telephone with her debit card.
She should pay with a debit card.
She should pay with a credit card.
She should pay with a check.
Answer:
c. She should pay with a credit card.
Explanation:
Credit cards are basically loans that the banks give to the customer to use and pay back before the due date.
Now if Sean's mother does not know how much money she has, she must use the credit card because to be financially responsible and pay the type services their due amount.
Later she can check her account details and make payments to the bank as per requirement.
Explanation:
The most financially responsible option for Sean's mother would be to pay with a debit card. The correct option is B.
Why debit card is better than cash?You can carry out purchases using a debit card rather than scrambling for cash, looking through your pockets or handbag for exact change, writing a check, or visiting an ATM. It's also more convenient than ever thanks to the increase in companies accepting debit card payments.
This is because a debit card transaction deducts the payment directly from her checking account, so she can only spend the money she actually has available. This can help her avoid overspending or going into debt.
Paying by telephone is also a convenient option, but it is important for Sean's mother to make sure she is using a secure and trusted payment system to protect her personal and financial information.
Using a credit card or writing a check are also options, but they may not be as financially responsible in this situation. With a credit card, Sean's mother would be borrowing money and may incur interest charges if she doesn't pay the balance in full. Writing a check may take longer to process and may not be accepted by all tire shops.
Thus, the ideal selection is option B.
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3. The study of economics is best described as a study of...
A. the factors that influence the stock and bond markets.
B. capitalism.
C. the choices made in producing goods and services.
D. coping with scarcity, and choices made as a result of scarcity in a society.
Answer:
Option D
Explanation:
The study of economics which can be best described as the understanding of coping with scarcity.It can be also defined as the choices which affect the result of scarcity in a common societyD. coping with scarcity, and choices made as a result of scarcity in a society.
EconomicsEconomics is a social science that studies how products and services are produced, distributed, and consumed. It investigates how individuals, businesses, governments, and nations make resource allocation decisions.The study of economics is best described as a study of D. coping with scarcity, and choices made as a result of scarcity in a society.For more information:
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At the parade yesterday, Kimi sold 24 pink lemonades and 16 iced teas from her food cart. She charged $1.75 more for pink lemonade than for iced tea, and her total sales were $90.
Select the system of equations that represents this situation. Let p represent the price of pink lemonade, and let t represent the price of iced tea..
Answer:
hi
Explanation:
hi
Kimi sold 24 pink lemonades and 16 iced teas from her food cart. She charged $1.75 more for pink lemonade than for iced tea, and her total sales were $90.The system of equations that represents this situation will be 90=24(t+1.75t)+16(t), where t= price of iced tea.
What is food?A food is a substance that basically consists the essentials which are needed for survival of a living being like protein, carbohydrate, fat, and other nutrients.
The food or the nutrients is used by the body of an organism to sustain growth and for doing vital processes and to give energy to work. The absorption and utilization of food by the body is important for nutrition and is facilitated by digestion.
The autotrophs or green plants, which convert solar energy to food by the process of photosynthesis, are the main primary source of food for most of the living beings in the earth.
The food is ingested by an organism and assimilated by the organism's cells to provide energy, maintain life, or stimulate growth.
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Reseller markets consist of intermediaries such as wholesalers that buy finished products and sell them for a profit. True False
The above is true that Reseller markets consist of intermediaries such as wholesalers that buy finished products and sell them for a profit.
Reseller is one of the major type of business markets which consist of intermediaries, such as wholesalers and retailers, which buy finished goods and resell them for a profit.
Resellers buy goods from manufacturers or producers and sell to the final consumers.
Although they make minor alterations to the goods purchase for resale, resellers do not change the physical characteristics of the products they handle.
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The ________ section of an informal proposal may include a request for approval or authorization, a reminder of key benefits, and a deadline beyond which the offer is invalid.
The conclusion section of an informal proposal may include a request for approval or authorization, a reminder of key benefits, and a deadline beyond which the offer is invalid.
What is the conclusion?The conclusion is the concluding portion of an academic essay. The conclusion should restate your response to the query and succinctly summarize major points. There aren't any fresh ideas or details in it.
If your essay is very extensive, you could need two or three paragraphs to close. A conclusion is the last paragraph of your essay. Usually, a conclusion does one of two things, but it can, of course, do both: the argument is summarized. Some professors anticipate that your conclusion won't include any fresh information.
A strong conclusion section should analyze how well the research objectives were met, provide a comprehensive answer to the issue statement, contrast the findings with the theoretical framework, identify areas that need more investigation, and accept or reject the developed hypothesis.
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13. The primary difference between GDP and Real GDP is
A. The amount of money made from foreign investments.
B. The amount of money spent in the country from only Americans.
C. It includes the income made by all Americans.
D. It accounts for inflation.
Answer:
I think option D is correct
typical capital budgeting decisions include ______ decisions.
Typical capital budgeting decisions include equipment selection, cost reduction, and lease or buy decisions.
What is budgeting?The process of making a spending plan is known as budgeting. Budget refers to this plan for spending money. Making this stimulus package enables you to estimate your financial situation in advance and decide whether we had enough resources to accomplish your goals. Simply adjusting your income and expenditures constitutes budgeting.
The procedure is examining the cash flows into and out of a project to ascertain whether the anticipated return reaches a predetermined standard. Net present value, payoff, and transit assessments are three of the main budgeting techniques. The economic viability of a capital spending can be ascertained using a number of budgetary control analysis techniques.
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6 * 4 + 43 w/ solutions
net programming (tle)
Answer:
24+43wExplanation:
_ entail(s) the tendency of customers to do nothing or remain locked in on decisions or behaviors they have already made or are living out.In a marketing context, _______________ entail(s) the tendency of customers to do nothing or remain locked in on decisions or behaviors they have already made or are living out.
There are different aspect to marketing. In a marketing context, Inertia entail(s) the tendency of customers to do nothing or remain locked in on decisions or behaviors they have already made or are living out.
Inertia is simply known as a term that often shows the ability of a physical object to not want change and therefore resist it as much as possible.
In marketing, it is known to be a word used to show when businesses do not work or change their marketing strategies so as to meet growing consumer demands etc.
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if ford mustang costs $30,000 in the us and 40,000 pounds in the uk and the current exchange rate between pound and dollar is $1.2 per pound, then according to ppp pound is ______ and should ________.
Based on the information given, it can be deduced that according to ppp, pound is overvalued and should depreciate.
Purchasing power parity (PPP) simply means the idea that goods in a country will be the same cost in another country once their exchange rate is applied.
From the information given, since Ford Mustang costs $30,000 in the us and 40,000 pounds in the uk and the current exchange rate between pound and dollar is $1.2 per pound, then, pound is overvalued and should depreciate.
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The table below lists the insurance options offered by AA Auto Insurance. Calculate the monthly payment for an insurance plan including the following options: Bodily Injury: $50/100,000 Property Damage: $100,000 Collision: $500 deductible Comprehensive: $100 deductible AA Auto Insurance Type of Insurance Coverage Coverage Limits Annual Premiums Bodily Injury $25/$50,000 $22. 50 $50/100,000 $31. 75 $100/300,000 $40. 25 Property Damage $25,000 $120. 50 $50,000 $144. 75 $100,000 $193. 00 Collision $100 deductible $520. 00 $250 deductible $415. 25 $500 deductible $275. 75 Comprehensive $50 deductible $110. 25 $100 deductible $100. 00 a. $50. 04 b. $50. 90 c. $54. 31 d. $68. 73 Please select the best answer from the choices provided A B C D.
The selection of the best answer from the choices provided for an insurance premium offered by the AA Auto Insurance is a. $50. 04.
Insurance coverage is a service offered by an insurer (insurance company) to the insured. If the assured suffers some financial losses., the insurer reinstates the assured to their financial position before the event. For rendering the service, the insurance company collects from the insured some amount, monthly, quarterly, or annual charges called a premium.
Thus, based on the options given, the best insurance premium is a. $50.04.
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In the system selection process, the step of reducing the number of potential vendors that a healthcare organization is considering to just a few finalists is called
to implement the marketing concept, a firm must first
Answer:
obtain information about its customers' needs
Explanation:
You must know what your customers' needs are before you try to satisfy them.
What is the surface area of the Ceral box?
Hight is 30 width is 20 side width is 5
Answer:
The surface area of the ceral box is 1,500u².
Explanation:
2(30 × 5)+2(30 × 20)= 1,500
30 × 5 = 150
30 × 20 = 600
150 × 2 = 300
600 × 2 = 1,200
1,200 + 300 = 1,500
There's your answer, hopefully it's correct!
Theresa is buying a condo that costs $127,500. She has $8,300 in savings and earns $3,200 a month. Theresa would like to spend no more than 20% of her income on her mortgage payment. Which loan option would you recommend to Theresa? a. 30 year fixed, 6. 5% down at a fixed rate of 5% b. 30 year FHA, 3. 5% down at a fixed rate of 6. 5% c. 30 year fixed, 5% down at a fixed rate of 6. 25% d. 30 year fixed, 10% down at a fixed rate of 5. 75%.
Answer:a)30 year fixed, 6.5% down at fixed rate of 5%
Explanation:
Based on the information given, the loan option that would you recommend to Theresa is A. 30 year fixed, 6. 5% down at a fixed rate of 5%.
A loan simply means a form of debt that's incurred by an economic entity.
It should be noted that when an individual takes a loan, it's expected to be paid back in a particular period of time.
Therefore, the loan that will be recommended to Theresa is a 30 year fixed, 6. 5% down at a fixed rate of 5%. The reason is that it's cheaper when compared to other loan options.
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what is a loan agreement and why is it important
Answer:
Loan agreements are an important part of borrowing money; they protect both the borrower and the lender. A loan agreement spells out the details of the transaction, including the loan amount, the interest rate, and the terms.
Explanation:
________________ and __________________ are creating customers who are educated about their needs and all the available options for meeting those needs.
Demand and supply are creating customers who are educated about their needs and all the available options for meeting those needs.
Demand is when people are willing to buy and pay for goods and services at a certain time, while supply is the amount of goods and services available by suppliers to consumers.
There is usually an interaction between the sellers of a resource and the buyers for that resource hence supply create and make available resources while demand pay for the available resources.
Therefore, Demand and supply are creating customers who are educated about their needs and all the available options for meeting those needs.
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Answer: Supply, Demand
Explanation:
56. How do most states finance their capital budget?
a. sales or excise taxes
b. long-term borrowing or sale of bonds
c. income and property taxes
d. personal property or inheritance taxes
In every state, there is a government-subsidized university. This subsidy, in theory, would make it possible for tuition to be lower than it otherwise would have been. How might an economist employed by the government justify the subsidy
The economist employed by the government will justify the subsidy by saying it is expected to increase the productivity which is the basis for the long run aggregate supply curve.
Basically, a subsidies is a program which are provided for education to improve the skills of the individuals going to college.
Economically, the program is expected to increase the productivity which is is the basis for the long run aggregate supply curve.
Now, once the productivity is increased, the potential GDP is increased and thus, the long-run aggregate supply curve is shifted to the right which increases the current GDP as well.
In conclusion, the economist employed by the government will justify the subsidy by saying it is expected to increase the productivity which is the basis for the long run aggregate supply curve.
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6. In 1996, the average house price in the UK was about $75,000. By 2007, prices had risen to around $190,000. This increase in prices had been fueled by rising incomes and cheap loans.
a) Draw a demand and supply diagram to show what caused house prices to rise between 1996 and 2007.
b) There is an improvement in technology in the housing industry. Draw a diagram to show the effect this would have on house prices.
Please find attached the required diagrams.
As a result of the rising incomes and cheap loans, the demand for houses would increase. This would cause an outward shift of the demand curve. As a result, equilibrium price and quantity of houses would increase.
An improvement in technology in the housing industry would lead to an increase in the supply of houses. This would lead to an outward shift of the supply curve. Equilibrium price would reduce and equilibrium quantity would increase.
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under the omnibus crime control and safe streets act of 1968, what are employers allowed to do?
Answer:only monitor phone calls for compliance
Explanation:
The main benefit of a multidomestic strategy is that it ________. Group of answer choices exploits scale economies in product development and marketing is cost-saving due to product and marketing standardization takes advantage of location economies responds quickly and effectively to emerging buyer preferences
According to business operational strategy, the main benefit of a multi-domestic strategy is that it "responds quickly and effectively to emerging buyer preferences."
What is a multi-domestic strategy?A multi-domestic strategy is a business strategy whereby firms emphasize their marketing approach to meet local markets instead of a universal approach.
The multi-domestic approach also enables companies to create more targeted advertising that focuses solely on the consumers of a specific market.
Hence, in this case, it is concluded that the correct answer is option D. "responds quickly and effectively to emerging buyer preferences."
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Suppose that there are two countries, A and B, each of which produces two goods, X and Y. The production possibilities frontier (PPF) for each country is linear, with quantities of Y plotted on the vertical axis and quantities of X plotted on the horizontal axis. The PPF for Country A has a vertical intercept of 60 and a horizontal intercept of 60. The PPF for Country B has a vertical intercept of 30 and a horizontal intercept of 15.
Required:
What would be true about Country A?
Answer:
They can produce their goods equally.
Explanation:
Country A can produce their products equally with the available products in hand.
They can produce their goods equally. Country A can produce their products equally with the available products in hand.
What is production possibilities frontier?The Production Possibilities Frontier graph shows all the output combinations of two products that can be produced using the resources and technology in use at the time.
The production possibility curve is based on the following fundamental assumptions: Resources are offered and remain constant. The technology used in the production process remains constant. Technology and resources are fully and efficiently utilized.
The production possibilities curve measures the trade-off between producing one good versus another. Imagine a scenario where a nation produces 20,000 oranges and 120,000 apples. The diagram's point B is that location. If it wishes to cultivate more oranges, it must produce less apples.
Thus, They can produce their goods equally.
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why is 10 cents earned far more valuable than a dollar found. Critical thinking.