<span>High paid workers are reluctant to shrink because the unemployment rate is very high so if you leave your position you may not find another that is equally as good or better. That is why high paid workers do not shrink.</span>
Answer:
The answer is personal selling
Explanation:
_Personal Selling_______ is the two-way flow of communication between buyer and a seller that is designed to influence the buyer's purchase decision.
Answer:
c. 30-year term policy
Explanation:
If I am 35 years old now, and want to purchase life insurance which will cover my spouse for my lost income in the event of your death; and if I want this policy to last until what would be your normal retirement age of 65.
Based on the given information, the best policy to buy is a 30-year term policy because logically that adds up as 30 + 35 = 65 years.
A 30-year term policy means the policy expires 30 years after it began. Generally, a 30-year term is the maximum length of coverage offered, and is usually available to those within the ages 18 to 50.
Answer:
Marketing is much more than just sales and advertising.
Explanation:
Marketing is when an individual or a firm develop the interest of a client or an intending customer to the product one sells or services one render. It makes use of research, distribution, sales promotion etc .
Before an individual or a business venture goes into marketing, it must make thorough research on who his potential buyers are, how can he convince them to buy the products.
The distribution channel must also be considered, like getting the goods
directly to the buyers or involving middle men. There is also sales promotion when considering marketing. Sales promotion includes all activities aimed at promoting immediate sales like raffle draws, offering gifs after purchase etc.
The basic aim of marketing is to sell, acquire customers and retain them while employing marketing concepts and mix(using place, price, promotion and product).
Answer:
Total future value= $16,402.09
Explanation:
Giving the following information:
Robert White will receive from his investment cash flows of $4,450, $4,775, and $5,125. He can earn 7 percent on any investment that he makes.
To calculate the future value, we need to use the following formula for each cash flow:
FV= PV*(1+i)^n
Year 1= 4,450*1.07^3= 5,451.44
Year 2= 4,775*1.07^2= 5,466.90
Year 3= 5,125*1.07= 5,483.75
Total future value= $16,402.09