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Sergeeva-Olga [200]
3 years ago
15

Ravi Singh is working his way through college as an independent distributor of the Rapier Knife Co. The Rapier product line incl

udes kitchen knives, hunting knives, and other special-purpose cutlery. Ravi makes sales presentations to potential customers in their homes. If a customer wants to make a purchase, Ravi buys the knives from Rapier and sells them to the customer at a markup. For example, Rapier's most popular knife is a chef's knife that Ravi buys for $25 and resells to the consumer for $50. Ravi is:________.
A. engaged in direct selling but is part of an indirect channel.
B. part of a direct-to-customer channel.C. engaged in direct marketing.D. None of these answers is correct.
Business
1 answer:
vovikov84 [41]3 years ago
4 0

Answer:

the correct answer is A. engaged in direct selling but is part of an indirect channel.

Explanation:

if you can see, ravi is actually dealing with his customers head on and maintain a direct and friendly relationship with them, the question states that he even makes presentations to customers at their homes. so there is no doubt that he is engaged in direct selling!

but the indirect channel he use is the way he gets the goods to sell. here he buys them from a supplier and sell them at a markup price. although this might be an indirect way, it does not mean that he is not engaged in "direct marketing". marketing aspect relates to how the seller is engaging with the market and customers.

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Jenny also implied that it was the first time she had met them and it was also the first time they had been introduced to the product so there is that.

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Answer:

The explanation of that situation is below.

Explanation:

To begin with, the most important factor to have in mind in the situation explained above is the fact that we are talking about a "luxury good" and therefore that when it comes to this type of goods is better when the majority of the people do not possess or at least they must represent the fact that they are exclusive for only some part of the population. That is why that those goods use the strategy of increase always the price because that will means that they are not affordable for the majority of the society but only for a few and that will give to the owner of the good a sense of uniqueness and with that it also comes the sense of superiority. That is why that when it comes to this type of good the analysis change and it collides with the other theory of utility maximation.

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Calamata Corporation processes a single material into three separate products A, B, and C. During September, the joint costs of
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20%

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Gross profit is the net of sales and cost of sales. Gross Profit percentage is the ratio of gross profit to sales expressed as percentage.

Product Units Produced Final Sales Value per Unit Separate Costs

   A             10,000                    $25                                  $125,000

   B             15,000                    $30                                  $250,000

   C            <u> 12,500 </u>                  <u> $24 </u>                                <u> $125,000</u>

Total           37,500                                                            $500,000

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A (10,000 x $25)      $250,000

B (15,000 x $30)      $450,000

C (12,500 x $24)      <u>$300,000</u>

Total Sales Value                       $1,000,000

Less

Joint Cost                                  ($300,000)

Separable cost                         <u>($500,000)</u>

Gross Profit                               $200,000

Gross Profit Percentage = ( $200,000 / $1,000,000 ) x 100 = 20%

8 0
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