Answer:
Closing (the Sale).
Explanation:
The salesperson's objective is to obtain a purchase commitment from the prospect and create a customer during closing stage in the personnel selling process. Personal selling process starts with prospecting, pre-approach, approach and then presentation, followed by handling objectives and then closing process. In closing process, salesperson actually want the costumer to purchase the product, therefore, he or she tries to close the process as soon as possible by taking purchasing intention from the customer. This is the most important step in the whole process because this steps yields actual sales where all other steps help this step.
Answer:
The correct answer is letter "C": businesses-to-consumer.
Explanation:
Businesses-to-consumer (<em>B2C</em>) sales are those in which the manufacturer or firm directly offers its product or services to the final users. The advantage of this practice is charging higher since companies do not have to consider a special price for suppliers to earn profits. The drawback lays in the fact that en users usually purchase items in small sizes.
Answer:
c. fiscal and monetary policies that impact aggregate demand do not impact the natural rate of unemployment.
Explanation:
Short run Philips Curve is downward sloping, due to inverse relationship between unemployment rate & inflation rate. High economic activity implies more inflation rate, less unemployment. Low economic activity implies less inflation rate, more unemployment.
However, the inverse relationship between inflation & unemployment is only in short run & not in long run. In long run, this inflation - unemployment trade off doesn't exist. So, any fiscal or monetary policy affecting aggregate demand & consecutively inflation rate, do not affect the natural rate of unemployment (combination of frictional & structural unemployment rate) in long run.
Answer:
It will be used to determine the balance of inventory accounts
Explanation:
A production cost detail shows in detail the total cost of producing a product. It includes raw materials as well as operating costs. Product costs would be recorded as a current asset on the balance sheet until the goods have been sold. As an asset, it can either be:
- raw materials inventory,
- work-in-progress inventory,
- finished goods inventory, which would be dependent on how far towards completion the product is.
