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professor190 [17]
3 years ago
13

Steve is a salesperson for a large consumer products manufacturer. Steve has just taken over at new territory and is looking to

begin the prospecting process. The first thing Steve should do is develop a:A) A list of leads
B) A list of qualified prospects
C) A strategic prospecting plan
D) A strategic business plan
E) A territory plan
Business
1 answer:
VladimirAG [237]3 years ago
7 0

Answer:

The correct answer is letter "C": A strategic prospecting plan.

Explanation:

A strategic prospecting plan refers to the effort salespeople make when identifying and analyzing the market to spot new customers or to engage existing clients in the purchase of additional products offered by their firm. The idea of this approach is always reaching potential consumers faster than competitors.

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Suppose you deposit $2,454.00 into an account today. In 6.00 years the account is worth $3,868.00. The account earned ____% per
Feliz [49]

Answer:

Interest rate, R = 26%.

Explanation:

<u>Given the following data;</u>

Principal = $2,454.00

Simple interest = $3,868.00

Time = 6 years

To find the interest rate?

Mathematically, simple interest is calculated using this formula;

S.I = \frac {PRT}{100}

Where;

  • S.I is simple interest.
  • P is the principal.
  • R is the interest rate.
  • T is the time.

Substituting into the equation, we have;

3868 = \frac {2454*R*6}{100}

Cross-multiplying, we have;

3868 * 100 = 14724*R

386800 = 14724R

R = \frac {386800}{14724}

<em>Interest rate, R = 26.27 ≈ 26%</em>

<em>Therefore, the account earned 26% per year. </em>

8 0
3 years ago
The following information is provided for Sacks Company before closing entries. Cash $ 12,000 Supplies 4,500 Prepaid rent 2,000
RideAnS [48]

Answer:

b. $78,500

Explanation:

Assets

Equipment                       $65,000

Cash                                 $12,000

Supplies                           $4,500

Prepaid rent                     <u>$2,000</u>

Total Assets                     <u>$83,500</u>

Equity and Liabilities

Common stock                $68,000

Retained earnings           <u>$10,500</u>

Total Equity                      $78,500

Accounts payable            <u>$5,000</u>

Total Equity and Liability <u>$83,500</u>

*<u>Working</u>

Net Profit = Service revenue - Salaries Expenses - Miscellaneous expenses

Net Profit = $30,000 - $4,500 - $20,000 = $5,500

Total retained Earning = $8,000 + $5,500 - $3,000 = $10,500

5 0
3 years ago
Eileen, a manager at an international restaurant chain, wants to know if it will be most cost effective to buy 1,000 pounds of s
Amiraneli [1.4K]

Answer:

A. Purchasing power parity

Explanation:

Purchasing power parity is a techniques that is used to determine the relative value or the exchange rates of currencies.

Eileen is using the purchasing power parity because she is comparing the cost effectiveness of buying a particular product in different countries using the dollar. The exchange rates of the currency of country  X and country  Y against will determine which country she will buy from.

In a nutshell, Purchasing power parity is a measurement of two currencies by taking the cost of living and inflation differences into account.

5 0
3 years ago
Jason purchased his dream home six months ago. after jason received an inheritance from his uncle, he decided to pay off his mor
iogann1982 [59]

Whether or whether he'll be charged a prepayment penalty.

Some loan agreements stipulate a prepayment penalty to make up for the interest that is not paid to the lender when the borrower repays the loan earlier than anticipated.

When you pay off your mortgage debt in full or in part early, some lenders charge you a fee known as a mortgage prepayment penalty. In order to allow loan lenders to collect interest, the penalty rate encourages borrowers to repay their debt slowly over an extended period of time. If you want to avoid prepayment penalties, you can simply wait until they are no longer an issue before paying off or refinancing your loan. Alternately, you could incur higher expenses that are within the parameters of how much of your loan you can repay each year without incurring early repayment penalties.

Learn more about mortgage penalties here:

brainly.com/question/28204130

#SPJ4

6 0
2 years ago
"I want to be really successful." This is an example of a goal that is:
irina1246 [14]

Answer:

neither specific nor actionable.

Explanation:

A goal must have a time frame and an expected result in order to become an actionable and specific goal.

7 0
4 years ago
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