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3 years ago

Personal Selling is :

Business

1 answer:

Firlakuza [10]3 years ago

4 0

Answer:

Option A. The two-way flow of communication between a buyer and seller, often in a face-to-face encounter, designed to influence a person’s or group’s purchase decision.

Explanation:

The reason is that the personal selling is the face to face selling which means two way flow of communication is necessary. The seller will use his marketing exprience to influence the buyer which results in greater sales and customer satisfaction. So it is the face to face selling method which most of the companies opt and this way of selling is known as personal selling.

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The equilibrium or market price exists when the supply of a product exceeds the amount that consumers are willing to purchase. G

Rama09 [41]

Answer:

Statement is false.

Explanation:

Equilibrium price only exists when the economic forces are balanced. It means when the supply and demand of any commodity is equalized, the price at that stage is called equilibrium and market price.

This is why, the above statement is false because when supply is greater than the demand, price cannot be on equilibrium.

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3 years ago

Read 2 more answers

Why does the federal reserve system have a high degree of political independence? it is divided into geographical districts. the

Anit [1.1K]

The answer is: the system is owned by the banks.

Even though the name contain the word 'federal' , the federal reserves are not entirely owned by the government. Several banks owned percentage of ownership to the federal reserve. Government officials only acted as the Board of Directors, not the owner. Because of this dis attachment, the federal reserve could had high degree of political independence

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3 years ago

Kevin's boat was wrecked by hurricane Harvey (a federally declared natural disaster). Damage to the boat was estimated at $30,00

SVEN [57.7K]

Answer:

A) $4,900

Explanation:

Options are: "A) $4,900 B) $5,000 C) $9,900 D) $14,900"

Particulars Amount

Original cost $25,000

Damage $30,000

Lower of the two is $25,000

Less: Insurance reimbursement $15,000

Actual loss $10,000

Less: Deduction $100

Less: 10% of AGI (10% of 50,000) $5,000

Final Deduction $4,900

Note: Flat $100 is deducted from this amount and also 10% of AGI, i.e 10% of $50,000 is deducted to finally arrive at the deduction.

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3 years ago

This week we looked at inventory analysis. The ABC analysis is used to help determine critical inventory and replenishment rates

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3 years ago

1. Compute the Office Products Division’s ROI for this year. 2. Compute the Office Products Division’s ROI for the new product l

Ghella [55]

Answer:

The complete question have been obtained online and attached below.

Returns on Investment (ROI) is the required Margin of profit the Business owners expect or are getting on their investment in the business.

The higher the returns therefore, the more impressed the business owners will be with the Management team

ROI = operating income divided by operating Assets x 100%

1. ROI for the year = 20%

2. ROI for the new line only = 16%

3. New Office product ROI = 19.2%

4. The manager will reject the proposed new line because it reduces his final ROI to 19.2% which doesn't guarantee him a bonus (I have attached a more detailed response in the attached working files)

5. Headquarters is anxious about the new product line being adopted because it gives an ROI above the business ROI of 15%.

6. Residual income (RI) is the absolute gain the Business has left distributable to shareholders after recognizing the expected Returns on Investment.

It is a gain over and above the ROI the shareholders have tasked the business to deliver.

Residual Income = controllable Margin - (Minimum Rate of return x Operating Assets)

A. RI for the year = $320,000

B. RI for the new line = $40,000

C. RI for the New office product division = $360,000

4. Improved RI is equal to $40,000, thus the Divisional Manager is very likely to approve the adoption of this new line.

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3 years ago