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Yakvenalex [24]
3 years ago
8

When choosing a senior sales representative or sales manager to serve as a sales trainer, the company should look for success in

selling and:___________. a. for membership in an outside organization like Toastmasters b. for effective communication skills c. for a college degree in a technical area related to the company's product offerings d. at the number of years of selling experience the individual has e. for a college degree in business
Business
1 answer:
crimeas [40]3 years ago
6 0

Answer:

The correct answer is letter "B": for effective communication skills.

Explanation:

Salespeople main tool is <em>persuasion</em>: the act of <em>creating a need</em> where there may not be. A critical skill required for these types of employees is effective communication. Salespeople must find ways to express their ideas through a sales speech that convinces consumers to generate profits out of sales. They also should reshape that speech according to the different types of customers for a product.

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Online retailers lose approximately 25% of their customers every year. Unfortunately, due to the highly competitive camping gear
suter [353]

Answer:

CLV =  [(GC * r) / (1 + i - r)] - AC]

Explanation:

CLV is the customer lifetime value which is the calculation of net profit during the tenure of relationship with the clients and customers.

The formula for CLV calculation is :

CLV = [(GC * r) / (1 + i - r)] - AC]

Where,

GC is annual gross contribution,

r is retention rate of customers

i is discount rate

AC is Acquisition cost

3 0
3 years ago
Which federal legislation requires lenders to provide consumers with loan cost information?
kykrilka [37]
Answer:

Consumer Credit Legislation.

Explanation:

Consumer credit legislation demands that lenders provide potential borrowers with one or more measures of the cost of a loan.
3 0
3 years ago
Pharoah Company purchased $2600000 of 8%, 5-year bonds from Sheridan, Inc. on January 1, 2021, with interest payable on July 1 a
kobusy [5.1K]

Answer:

$75,260

Explanation:

Calculation for What should Pharoah Company report as other comprehensive income and as a separate component of stockholders' equity

Using this formula

Comprehensive income/separate component of stockholders' equity=Fair value-(Sales of bonds-July 1, 2021 Amortized premiums-December 31, 2021 Amortized premiums)

Let plug in the formula

Comprehensive income/separate component of stockholders' equity=$2,780,000 - ($2,724,740 - $9,820 - $10,180)

Comprehensive income/separate component of stockholders' equity=$2,780,000-$2,704,740

Comprehensive income/separate component of stockholders' equity= $75,260

Therefore What should Pharoah Company report as other comprehensive income and as a separate component of stockholders' equity is $75,260

8 0
3 years ago
A monopolistically competitive industry combines elements of both competition and monopoly. It is correct to say that the compet
zheka24 [161]

Answer:

A) a relatively large number of firms and the monopolistic element from product differentiation.

Explanation:

A monopolistically competitive industry has the elements of monopoly as product differentiation. Since the products produced in are different in some way and thus may offer differing utilities. This allows the firms in the industry to vary their supply to influence prices as this differentiated product is only produced by them. This is reminiscent of a monopoly.

However, at the same time - there may be substitutes with slight variations as  there are a relatively larger number of companies producing differing products. This offers as an option to customers and helps the market act as competitive.

Option B only focuses on the monopolistic elements. Option C is fundamentally wrong as low entry barriers is not a monopolistic element. Option D gives us a monopolistic element of advertising that can act as differentiation but a highly inelastic demand curve goes against the perfect competition - this nullifies the argument.

Hope that helps.

4 0
4 years ago
Bilateral and multilateral agreements around the world as well as the achievements of the World Trade Organization will help the
Orlov [11]

Answer:

overcome the challenge of deciding about further enlargement

Explanation:

The World Trade Organization main goal is to eliminate both tariff and non-tarrif barriers in world trade. It has 164 members states, and has been largely successful in this goal.

These achievements, as well as the achievements of other multilateral trade agreements help the European Union overcome debates about further enlargement and integration because not only do they lay the foundation for future economic integration, but also they represent empirical evidence that proves that economic integration is largely benefitial to signing countries.

5 0
4 years ago
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