It should be noted that Personal selling requires that sales associates be friendly, knowledgeable, and helpful.
<h3>What is Personal selling all about?</h3>
Personal selling can be regarded as face-to-face selling where someone who is the salesman tries to convince the customer in buying a product.
It serves as a promotional method by which the salesperson uses his or her skills to sell goods.
Learn more about Personal selling at;
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In order to help the
student expand his/her knowledge I will help answer the question. This in hope
that the student will get a piece of knowledge that will help him/her through
his/her homework or future tests.
The most socially responsible
companies establish codes of conduct for their vendors, setting clear policies
for human rights wages, safety, and environmental impact. In fact many of this
companies have this establish today.
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Answer: TRUE.
The essential notion underlying strategic trade policy is imperfect competition. Strategic trade policy is also referred as Strategic trade theory that includes the policies adopted by a country to understand the outcome of strategic interaction between various firms.
Answer and Explanation:
The computation is shown below:
But before that we need to do the following calculations which are shown below:
The Contribution per unit of faucet is
= $75 - $15
= $60
And, the Contribution per unit of pitcher filter is
= $100 - $30
= $70
Now Contribution per unit in present sales mix is
= [($60 × 2) + ($70 × 3)] ÷ 5
= ($120 + $210) ÷ 5
= $66 per unit
And
The Fixed cost is
= $1,000,000 + $200,000
= $1,200,000
Now
Break even units is
= $1,200,000 ÷ $66 per unit
= 18,181.81 units
For faucet, it is
= (18,181.81 × 2) ÷ 5
= 7,272.72 units
For pitcher filter, it is
= (18,181.81 × 3) ÷ 5
= 10,909.086 units
Answer:
Letter a and b are true.
Explanation:
a. <em><u>In price competition, the seller uses promotion to distinguish its product from competing brands. </u></em>
- This statement is true because in a price competition, companies' main focus is on matching or exceeding the price charged by competitors, concentrating efforts to become the lowest cost seller among all competitors.
b.<em><u> The demand curve indicates an inverse relationship between price and quantity demanded.</u></em>
- This statement is true because it represents the law of demand, that is, the price and demand curve behaves in the opposite way, because as price increases the quantity demanded decreases and as price decreases the quantity demanded increases.
