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Liono4ka [1.6K]
3 years ago
7

Paul is an analyst at an investment bank. He notices that many of the senior executives at his office go on European cruises, so

he decides to save up and go on a European cruise so that he will appear to be more like those executives. Paul's comparison of his own trip choices with those of others to determine his relative social standing is an example of ________.
Business
1 answer:
iren2701 [21]3 years ago
4 0

Answer: The correct answer is "status consumption".

Explanation: Paul's comparison of his own trip choices with those of others to determine his relative social standing is an example of <u>status consumption.</u>

Each exchange made in the market is preceded by a predetermined behavior on the part of the consumer influenced by aspects such as the status consumption that is the need to consume to demonstrate a certain social level.

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Activity ____ provide schedule-related information about each activity, such as predecessors, successors, logical relationships,
Arisa [49]

Answer: would help you but im just trynna get point

Explanation:ss

3 0
3 years ago
Grace and her buyers, Sam and Kim, have been looking at homes in a particular new development for over a month. It's obvious to
SVEN [57.7K]

If Grace shares the aforementioned information with Sam and Kim, the kind of closing technique which this is, is: Standing room only.

<h3>What is closing?</h3>

In sales and marketing, closing is a terminology which is typically used with respect to sales and it can be defined as the strategic process of making a business sale successful, such as through the exchange of money for a particular product or goods between a buyer and a seller.

In order for a salesperson to be able to close sales, he or she require abilities such as negotiation skills, courage, active and good listening ears, and interpersonal skills to do so or achieve a successful sales.

<h3>What is a standing room only close?</h3>

Standing room only close can be defined as a type of closing technique in which the salesperson such as Grace, gets a quick commitment from a buyer to a purchase, especially by telling him or her that the demand for the product is very high and only limited quantity is available for purchase at a particular price.

Read more on closing technique here: brainly.com/question/15418317

#SPJ1

Complete Question:

Grace and her buyers, Sam and Kim, have been looking at homes in a particular new development for over a month. It's obvious to Grace that Kim loves the development. The homes are selling fast and there is only one left. Grace has heard that this developer will not be building any more homes in this price range; he plans to go more upscale. If Grace shares this information with Sam and Kim, what kind of closing technique is this?

Assumptive

Alternative

Ownership

Standing room only.

7 0
1 year ago
A service contract for a video projection system costs $80 a year. You expect to use the system for six years. Instead of buying
andre [41]

The future value of the annual amounts after six years, earning an annual rate of return of 3% is $517.47

What is the future value of an ordinary annuity of $80 per year for six years earning a rate of 3% annually?

Note that the $80 that would have been paid for the video projection system would be invested at the end of each year, in other words, we would invest an equal amount every year for six years, hence, the future value formula of an ordinary annuity is the most appropriate to determine the value of the savings after six years

FV=annual savings*(1+r)^N-1/r

annual savings=$80

r=rate of return=3%

N=number of annual savings for 6 years=6

FV=$80*(1+3%)^6-1/3%

FV=$80*(1.03)^6-1/0.03

FV=$80*(1.194052296529-1)/0.03

FV=$80*0.194052296529/0.03

FV=$517.47

brainly.com/question/14761171

#SPJ1

7 0
2 years ago
The sales for​ October, November and December are​ $20,000, $22,000 and​ $28,000, respectively. For any particular month of​ sal
DedPeter [7]

Answer:

$24,000

Explanation:

Cash from credit sales is collected with passage of time. Some amount is collected with the sale and some after the sale period. The cash collection for the current month may include the collection against the prior periods sales.  

Cash Collection Schedule is prepared in an MS Excel File which is attached with this answer, Please find it.

Download xlsx
3 0
3 years ago
As part of the initial screening for possible employment, a nuclear power company administers a psychological test that yields s
Law Incorporation [45]

Answer: It is called Minnesota Multiphasic Personality Inventory (MMPI)

Explanation:

The Minnesota Multiphasic  Personality Inventory is a clinical assessment tool widely accepted to measure and diagnose mental health disorders.

6 0
4 years ago
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