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2 years ago

and are typically the most easily identifiable aspects of a company's business model.

1 answer:

3 0

The parts of a company's business model that are often easiest to identify are market strategy and market opportunity.

A market opportunity is a newly identified demand that a company could use to grow; often, this is because competitors aren't filling it.

A marketing strategy is a long-term plan for achieving a company's goals through comprehending customer needs and creating a distinct, sustainable competitive advantage. Everything is covered, from selecting the channels to use to get in touch with your customers to identifying them.

The target market for the venture, a competitive analysis, marketing strategies, estimated launch expenses, and funding sources should all be included in the business model of a new company.

For more information, Market strategy and market opportunity

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With relationship selling the salesperson would spend most of his or her contact time with the prospect talking about the produc

Vadim26 [7]

True, With relationship selling the salesperson would spend most of his or her contact time with the prospect talking about the product, hoping to close the sale.

<h3>What is the difference between relationship selling and consultative selling?</h3>

The difference between relationship selling vs. consultative selling is that relationship selling consists of building a relationship with a customer over a long time and then relying on that relationship for sales as opposed to short-term gains and creating an interest in the customer in consultative selling

To learn more about relationship selling, refer

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4 0

2 years ago

Create a business decision based on the company where you work (can be any company), a small business you hope to own someday or

Naya [18.7K]

The correct answer to this open question is the following.

The business decision based on the company where you work would be this. To open a new small branch of the fast-food restaurant as a concession in the municipal stadium.

The incremental cost is the future costs as a result of this business decision. This means that we have to consider extra money on a monthly basis to pay for the rent of the concession booth at the Municipal stadium.

The opportunity cost is that instead of opening our branch in the new downtown mall, we decided to move with the stadium option. Having decided to be at the mall could have allowed us to have more clients on a daily basis, especially on weekends.

The sunk cost is a cost from the past, an historical cost that really is not important in the present time to make a decision. Maybe, just a reference to a case in the past. And that's it.

Here we can refer to a cost when we opened the first location of the restaurant, but it was five years ago. Those were different situations, necessities, and conditions.

8 0

3 years ago

I am having trouble in personal finance and need to learn how to figure out S=P(1+rt) and P=S(1+rt). Can someone assist me in le

NNADVOKAT [17]

A=p(1+rt)
A=future value
P=present value
R=interest rate
T=time
If you want to find present value
P=A/(1+rt)
If you want to find interest rate
R=[(A/p)-1]divided by t
Finally if you want to find time
T=[(A/p)-1]divided by r

7 0

4 years ago

JACK Mchen

Makovka662 [10]

Answer:

Setting short term goals now helps you reach long term goals later

6 0

3 years ago

When the accounts of Blue Inc. are examined, the adjusting data listed below are uncovered on December 31, the end of an annual

torisob [31]

Answer:

1.-

insurance expense 1,020 debit

prepaid insurance 1,020 credit

2.-

rent revenue 1,650 debit

cash 1,650 credit

cash 1,650 debit

unearned revenue 1,650 credit

unearned revenue 1,100 debit

rent revenue 1,100 credit

3.-

advertizing expense 535 debit

advertizing supplies 535 credit

4.-

interest expense 802 debit

interest payable 802 credit

Explanation:

2-years of 4,896 AKA 24 months

months outstanding during the year: August 1st to December 31th: 5 months

4,896 x 5/24 = 1,020

purchases of advertising materials 801

materials on hand at year-end <u> (266) </u>

advertising expense 535

we must reverse the entry as the rent revenue wasn't accrued yet we have unearned revenue and at year-end we adjust for the earned protion which is 2 months: 1,650 x 2/3 = 1,100

as the inerest are accrued it means we aren't paying them at year-end

5 0

3 years ago

________ and ________ are typically the most easily identifiable aspects of a company's business model.

and are typically the most easily identifiable aspects of a company's business model.