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zloy xaker [14]
1 year ago
8

The process of identifying individuals or companies who may need the selling firm's products or services is known as?

Business
1 answer:
IceJOKER [234]1 year ago
7 0

The process of identifying individuals or companies who may need the selling firm's products or services is known as Prospecting.

You locate potential consumers during the prospecting stage and assess whether they need your good or service and whether they can afford what you have to offer. Qualifying is the process of determining whether a customer needs your good or service and can afford it.

Identification of prospective clients, often known as prospects, is the first step in the sales process. Creating a database of potential consumers and communicating with them regularly in the hope of turning them from potential customers into existing customers is the aim of prospecting.

Learn more about prospecting here

brainly.com/question/25743891

#SPJ4

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Libra Electronics has invented a new technology to make laptops that are extremely lightweight and unbreakable. The company is a
Solnce55 [7]

Answer: Razor and blade strategy

Explanation:

The Razor Blade Model is a model that is used by companies to deeply discount or give away a core product hoping that the consumers will buy the more expensive and complementary dependent products.

The razor and blades business model is a model whereby one item is sold at a cheaper price or sometimes given for free so as to increase the sales of its complementary good. For example, ink catridges are required for inkjet printers and software and accessories are used for game consoles. So, selling ink catridges at a low rate can lead to more sales for inkjet printers.

7 0
3 years ago
Suppose an institution has purchased a $250,000 mortgage loan from the loan originator and wishes to create a mortgage pass-thro
Andre45 [30]

Answer: $1,177

Explanation:

First we calculate the Monthly service fee by the formula,

Monthly servicing fee = Monthly servicing fee rate * Outstanding loan balance,

The service fee is 35 basis points which translates to 0.35 % and is an annual figure so we will adjust it to a monthly one,

= (0.35%/12) * $250,000

= $72.92

To calculate amount that passes through to the mortgage pass we do,

Mortgage pass-through amount = Monthly mortgage payment - Monthly servicing fee

= $1,250 - $72.92

= $1,177.08,

= $1,177

$1,177 is the income that will pass through to the investor in the mortgage pass through each month

6 0
3 years ago
1. Identify various production processes and
rewona [7]

Answer:

D

Explanation:

8 0
3 years ago
People slip into _____ when the desire for harmony outweighs concerns over decision quality.
dimulka [17.4K]
This is called groupthink
8 0
3 years ago
The atomic number of an element represents the number of:
NeX [460]

Answer:

  • <u><em>protons</em></u>

<u><em></em></u>

Explanation:

By definition the<em> atomic number </em>of an element is the<em> number of protons.</em>

The protons are the positevely charged particles in the nucleus of the atom.

The atomic number of an element is what uniquely identifies it. There are 118 known elements and all of them are represented in the periodic table. Then, there are 118 different atomic numbers.

The elements are arranged in the periodic table in increasing order ot atomic number.

For instance:

  • The element with <em>atomic number</em> 1 is hydrogen (H). It is the first element in the periodic table, located in the upper left corner of the table. It has one <em>proton</em>. NONE  other element has just one proton.

  • The element with <em>atomic number</em> 2 is helium (He). It has two <em>protons</em>, is located at the upper right corner of the periodic table and NONE other element has just two protons.

  • The element with <em>atomic number</em> 118 is Oganesson (Og). It is the last element in the periodic table. It is located in the bottom right corner of the periodic table. It has 118 <em>protons</em> and NONE other element has atomic number 118.
4 0
3 years ago
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