Answer:
A. Number of sales people employed by the firm's major competitors.
Explanation:
A sales forecast is simply a process of evaluating future sales. The number of sales people employed by a firms' competitor is not a factor to consider in developing a sales forecast. It has no influence in the actualization of a definitive sales forecast.
Answer:
There will be $92,635.42 in the account after 15 years.
Explanation:
Missing question <em>"The interest rate is fixed at 2.05%"</em>
As the employer does a 50% match on the employee’s investment, the monthly contribution to the retirement plan will be = 2 * $220 = $ 440.
The future value (F) of an annuity is given by F = (P/r)[(1+r)n-1]
P is the periodic payment
r is the rate per period
n is the number of periods.
P = 440, r = 2.05/1200 and n = 15*12 = 180.
F = (440*1200/2.05)[ (1+2.05/1200)180 -1]
F = (528000/2.05)*0.359664042
F = 92635.4215493
F = $92635.42
Thus, there will be $92,635.42 in the account after 15 years.
Answer:
d) All current customers who up to a certain point in time have NOT bought in the jewelry category but did buy jewelry in the next time frame
Explanation:
Cross-sell opportunities are employed by online and in-person marketers with the aim of convincing buyers to chose another product from a product category that they are interested in. For example, if the customer bought a necklace, the site might suggest that users who bought a necklace also bought a pendant. The aim of this suggestion is to convince the consumer to purchase an item that might be useful to him judging from the products he just indicated interest in.
Therefore, a good cross-sell model will identify customers who bought jewelry but not from a particular jewelry category.
Answer:
Cost per customer acquired = $51.67
Explanation:
Customer acquired per thousand pieces mailed = 1000*6% = 60
Total cost per thousand pieces mailed A $3,100
Divide by Customers acquired B <u> 60 </u>
Cost per customer acquired A/B <u> $51.67</u>
Answer:
Modified Rebuy.
Explanation:
Modified Rebuy can be defined as the desires of a buyer to re-purchase or reorder the products previously bought but with certain modifications either in prices, products, suppliers, or terms. The buyer may modify the current purchasing terms because he may not be satisfied with the supplier or may have some new requirements.
In the given case, the modification in supplier has been made by the organization to get a better price. Thus this is an example of modified rebuy.
So, the correct answer is modified rebuy.
