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Reil [10]
3 years ago
15

Damian works at the Container Store. While he is placing inventory on the shelves, a customer comes up to him. The customer ment

ions she saw an advertisement on a new storage product that just came out. Damian informs the customer that the store is out of the product but will be getting a new shipment tomorrow. When the lady asks Damian if they have any similar products, Damian leads her to a product that he feels will meet her needs. He tells her while this a bit smaller, it also costs less and is on sale. Damian is engaging in ______
Business
1 answer:
notka56 [123]3 years ago
8 0

Answer:

Damian is engaging in personal selling.

Explanation:

Personal selling is when a sales agent talks to a customer face to face in order to sale a product. This is a technique in which the salesperson explains the features of the product to try to convince the customer to buy the good offered. In this, the attitude of the sales person and showing knowledge of he product is really important. In this case, it is personal selling because the customer gets to the store  looking for a product that is not available in the moment but the seller in a face to face conversation is able to offer a similar one that can meet the client's needs and explains the advantages of that one.

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A firm has an equity beta of 1.2, the risk-free rate is 3.4 percent, the market return is 15.7 percent, and the pretax cost of d
Alik [6]

Answer:

0.82

Explanation:

Calculation to determine the firm's asset beta

Using this formula

Firm's asset beta=Equity beta/(1+/D/E)

Let plug in the formula

Firm's asset beta=1.2/(1+0.47)

Firm's asset beta=1.2/1.47

Firm's asset beta=0.816

Firm's asset beta=0.82 (Approximately)

Therefore the firm's asset beta is 0.82

5 0
3 years ago
6. Choose a good you are familiar with, and analyze its economic utility, using the questions below. NOTE: Choose a good for thi
xxTIMURxx [149]

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Explanation:

6 0
2 years ago
Tom and Jerry's has 2.4 million shares of common stock outstanding, 2.4 million shares of preferred stock outstanding, and 14.00
3241004551 [841]

Answer:

Tom and Jerry's

The weight used for common stock in the computation of Tom and Jerry's WACC is:

= 45.22%

Explanation:

a) Data and Calculations:

                                               Common   Preferred    Bonds

                                                  Stock         Stock

Outstanding number               2.4 m         2.4 m         14,000

Market price per share           $13.40      $10.40         $999.6

Total value                               $32.16 m  $24.96 m    $13,994,400

Total value of stock and bonds = $71,114,400

Weight of common stock = $32.16/$71.1144 * 100 = 45.22%

6 0
3 years ago
Interpersonal Professional Communication According to your textbook, when is an email message appropriate for communicating?
devlian [24]

Answer:

Explanation:

An email message is appropriate for communicating when sending short and informal messages, whether responding to inquiries or requesting for information from the recipient. An email message should be brief, concise, clear and straight to the point.

Also, sometimes someone who is sending an email could have multiple receivers hence such email needs to be sent and then saved or archived afterwards. Where a person is sending longer attachments, an email can be used as a cover document for such.

Emails are not meant for angry responses, negative news, hence must be thoroughly edited because they are considered permanent once they are sent . The focal point of discussion should be the topic in an email communication; while it is advisable to begin communication only when one has been able to gather relevant information instead of just responding.

3 0
3 years ago
Read 2 more answers
Indicate for each of the following costs whether it is a product cost or a period cost.
MAVERICK [17]

Answer and Explanation:

The classification of the following cost i.e. either product cost or period cost is

1. Period cost as it deals with the operating expense

2 Product cost as it directly linked with the product

3  Product cost as it directly linked with the product

4  Product cost as it directly linked with the product

5  Product cost as it directly linked with the product

6  Product cost as it directly linked with the product

7  Product cost as it directly linked with the product

8 period cost as it does not directly linked with the product

9  Product cost as it directly linked with the product

5 0
3 years ago
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