Answer:
b. Straight Rebuy.
Explanation:
As Phil put down the phone and told Alice, "I just love that customer. I got another big order, and they just keep on coming." Phil is most likely selling to a firm in straight rebuy kind of buying situation. In straight rebuy, business consumers continue buying the same products with the same features at the same price over and over again. They even do not ask for any kind of changes in the order. They just place their order and get the same product each and every time in order to save their time and efforts. Automatic re-ordering can be established by some companies with the help of technology in order to go for straight rebuy which is not only effective but also efficient mechanism as well.
Answer:
The answer is below
Explanation:
Firstly, the most ideal thing to do is for Mike to get Betty’s opinion on the value of integrating the spreadsheets. If she decided that it’s a good idea, then Mike should go ahead and make the change.
Also, Mike should find out why the spreadsheets were kept separate initially; hence, he would have an insight if there is a good reason in the first place.
This will also assist Mike to have a better idea of how to effectively navigate the organization to be an effective change agent.
Answer:
Explanation: see attachment below
Answer:
The correct answer is B. The use of collateral makes it more costly for borrowers to take advantage of their asymmetric information.
Explanation:
In finance, a collateral or guarantee is a transferable asset or a surety, or even a promise of guarantee, used to cover the credit risk during financial transactions in the event that the borrower cannot meet his payment obligations.
A secured loan means a loan in which the borrower commits certain assets as a guarantee of credit, this the latter then becoming a partially secured debt for the creditor who made this loan.
The guarantee may consist of cash (pledge of cash account in retail bank, cash-collateral in investment bank) or securities.
Another form consists of a simple commitment: commitment by signature of a bank towards its client, promise of collateral or mortgage, letter of intent.