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Luden [163]
3 years ago
10

You are asked to compose a job description for the position of director of sales at your company. This is a position you once he

ld, so you are familiar with the requirements and qualifications. Before beginning to write, you look in the files for past descriptions and check with your supervisor about details to include. What research method did you use in this situation?
Business
1 answer:
sattari [20]3 years ago
7 0

Answer: Informal research

Explanation:

Informal research are forms of research whereby information are collected in an informal way and not through sampling precision or statistical methods. It is a cost effective strategy methods.

In this scenario, since the person knows about the requirements for the position of director of sales at the company, the person is using an informal method by asking the supervisor about details to include.

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Last year Lowell Inc. had a total assets turnover of 1.40 and an equity multiplier of 1.75. Its sales were $295,000 and its net
katrin [286]

Answer:

ROE would have changed by 8.52%

Explanation:

First we calculate the current ROE using Dupont Equation which gives ROE as,

ROE = Net Income/Sales * Sales/Total Assets * Total Assets/Equity

or

ROE = Net Profit Margin * Total Assets Turnover * Equity Multiplier

  • Current ROE = 10600/295000 * 1.4 * 1.75 = 0.0880 or 8.8%

The condition says that the net income could have increased to 20850 but other factors will remain constant. Thus, to calculate new ROE, we will calculate the new Net Profit margin but the total assets turnover and the equity multiplier will remain constant as sales assets and capital structure is not changing.

  • New ROE = 20850/295000 * 1.4 * 1.75 = 0.17316 or 17.32%
  • The ROE would have changed by 17.32 - 8.80 = 8.52%
7 0
3 years ago
Lila and Jillian both own small businesses in the town where they live. The women are friends and often get together to discuss
dsp73

The differences between Lila and Jillian's businesses are based on what they offer to the public, since one offers products and the other offers services, which makes their businesses different.

<h3>What is a product-based business?</h3>

A product-based business is a type of business in which the main purpose is to offer a specific product to the public, for example:

  • Beauty products.
  • Sport products.
  • School products.
  • Construction products.

<h3>What is a service-based business?</h3>

A service-based business is a type of business in which the main purpose is to offer a specific service to the public, for example:

  • Satellite television service.
  • Legal advice service.
  • Sports training service.
  • Nutrition service.

Based on the above, it can be inferred that the discussions between Lila and Jillian can include very varied topics because their businesses are different because they involve different value chains.

Learn more about business in: brainly.com/question/15826604

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What form of payment is directly tied to a customer's bank account?
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I’m sure it’s B. Debit Card
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Press conferences serve which of the following purposes for an organization?
Masteriza [31]

A press conference serves to answer question regarding the organization and any information that the organization wishes to share.

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The primary purpose of the requirements analysis phase is to ________. eliminate obviously nonsensible projects before forming a
gavmur [86]
<span>The primary purpose of the requirements analysis phase is to determine and document the specific features and functions of the new system. It does not eliminate obviously nonsensible projects before forming a project development team. Identify the requisite skills needed or show personnel assigned to the project or investigates how much similar projects have cost in the past.</span>
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