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:
The correct response is Option b (1.60%).
Explanation:
According to the question,
Initial investment,
= $50,000
Perpetual annual cash flows,
= $800
Now,
The interest rate will be:
= 
On substituting the given values, we get
= 
= 
i.e.,
= 
Answer:
A. Consider all indirect manufacturing costs
B. Consider all manufacturing costs
C. Consider non manufacturing costs
Explanation:
A) Manufacturing overhead.
Consider all indirect manufacturing costs
B) Product costs.
Consider all manufacturing costs
C) Period costs.
Consider non manufacturing costs
Answer:
Vehicle salesperson.
Explanation:
A sales commission is a percentage or a ration that a salesperson earns for each sale closed. In practice, sales commissions are used by many businesses as incentives to increase sales volumes. A salary plus commission mode of compensation means that the worker will have a fixed and regular salary, and extra pay for meeting set targets.
The vehicle salesperson will be most suited to earn the salary plus commission. This type of compensation will encourage the salesperson to explore more markets to increase sales figures. Sales performance influence profitability. The higher the sales, the better for the company.
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