The correct answer to this open question is the following.
Eric is a sales rep for an established building materials manufacturer. Business is good, but he is concerned that the company has spent little on new product development and has not created a new product in over five years. Without new products, Eric can market his current products only to his current customers or market the same products to similar costumers.
When a company has not invested in the creation of new products, the only way to increase sales is to find the costumers so the sales force can promote these products to people that are not familiar with the company's products and services. This way, the sales force needs to go and reach new clients through an intensive prospection. Although this is an alternative, most companies should invest in the creation of new products or the improvement of current ones so consumers could be interested in buying it permanently.
The answer is non-trivial search costs to be borne by the firm.
The brainiest answer would be greatly appreciated.
Answer:
A. have no effect.
Explanation:
The US Treasury Bill was purchased at short-term
So it would not affect the company's cash balance.
The rule for short-term invstment is to have litle risk
and a mature of less than 90 days
the US TB fullfil both, it has no risk and matures within 90 days It is considered a cash equivalent.
Answer:
modified rebuy
Explanation:
A modified rebuy takes place when a buyer decides to make another purchase form his/her usual vendor, but the new purchase includes some different items or different characteristics than previous purchases. In this case, Levi is modifying the characteristics of the goods that he usually purchases from his usual vendor.
Answer:
160 units
Explanation:
Given that
Started and processed units = 400 units
Completed percentage with respect to materials = 40%
Completed percentage with respect to labor and overhead = 25%
So by considering the above information, the equivalent units of production for material is
= Started and processed units × Completed percentage with respect to materials
= 400 units × 40%
= 160 units