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alexira [117]
3 years ago
7

Andy, a salesperson for Fashion Seal Uniforms, tells the owner of a retirement home about the importance of caregivers having cl

ean and attractive uniforms that will withstand countless hot water washes. Andy displays several styles of uniforms that have been washed hundreds of times to show how well his company's uniforms are made. The owner of the retirement home tells Andy that she is planning to open one new center every six months for the next three years and will need a lot of uniforms. Then the owner agrees to buy six units but with no commitment to extend the relationship. Which of the following stages of the relationship development process does this scenario exemplify
Business
1 answer:
choli [55]3 years ago
7 0

Answer:

Exploration

Explanation:

The exploration phase of the relationship development process occurs when both parties (seller and buyer) test the actions of the other party. Both parties will explore or try how the business relationship may develop, since they are not committed yet to start a relationship.

The owner accepted to purchase a small number of uniforms to try how good or bad they are. Andy is also testing if what the owner says is true about opening new centers and needing a lot of uniforms before making an offer for a larger lot.

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Dufner Co. issued 14-year bonds one year ago at a coupon rate of 7.9 percent. The bonds make semiannual payments. If the YTM on
valentinak56 [21]

Answer:

Bond price= $1,210.4

Explanation:

Giving the following information:

Coupon rate= 0.079/2= 0.0395

YTM= 0.056/2= 0.028

Face value= $1,000

n= 13*2= 26

<u>To calculate the price of the bond, we need to use the following formula:</u>

Bond Price​= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

Bond price= 39.5*{[1 - (1.028^-26)]/0.028} + [1,000 / 1.028^26]

Bond price= 722.67 + 487.73

Bond price= $1,210.4

4 0
3 years ago
A farmer realizes that he is not getting fair price from the agents who buy produce from him and sell it to the markets. As such
Jobisdone [24]

Answer:

The answer is: A) Forward vertical integration (FVI)

Explanation:

FVI takes place when a company expands its business activities to take direct control of the distribution of their products.

The question is a textbook example of FVI. A company decides to sell their products directly to their customers bypassing the middlemen.

Internet sales are giving several companies this opportunity. For instance, every once in a while I get promotions directly from the Coca Cola Company offering me direct discounts on their products. Of course some type of courier or logistics company is needed, but the sale is made directly from the distributor bypassing the grocery store. A more common example is people buying their cars directly in the manufacturers website. In Germany, car vending machines are located right next to the factories. You buy online and you pick your car like a soda can, only on a huge scale.

8 0
4 years ago
what types of political, economic, and competitive challenges does MTV networks international face by operating worldwide?​
Marysya12 [62]

<u>Explanation:</u>

Remember, MTV is a cable TV company initially founded in the United States.

Political challenges:

There may be differences in administrative costs in each country of operations. For example, the manner and value of taxes paid in the USA may be different in another country like France.

Economic challenges:

The level of economic growth may affect the amount and number of people who spend on entertainment leading to a decline in revenue and an increased need for aggressive marketing campaigns.

Competitive challenges:

Each country may already have other cable TV companies that a percent of the market share and so this it becomes a challenge to compete with these domestic companies.

6 0
3 years ago
Candy or cookies? i want to know
frozen [14]

Answer:

Candy

Explanation:

FOLLOW MY ACCOUNT PLS PLS

3 0
3 years ago
Nordstrom, an upscale department store, has a well-known reputation for going the extra mile to serve its customers. This reputa
11Alexandr11 [23.1K]

Nordstrom, an upscale department store, has a well-known reputation for going the extra mile to serve its customers. This reputation for excellent customer service will most likely result in a sustainable competitive advantage.

<h3><u>Explanation:</u></h3>

When a firm offers its customers with any products that has higher quality and benefits or lower price that its competitors then it refer to the competitive advantage. It is the advantage that the firm attains when compared with their competitors.

There are many different kinds of competitive advantage that can be used by a firm such as cost, product differentiation, niche strategies, etc. It is the thing that is absent in the competitors. In the given example, Nordstrom has well known reputation for the service that it gives for its customers and hence it is the likely result of sustainable competitive advantage.

7 0
3 years ago
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