This is the knowledge/expectations stage of the hierarchy of effects, because Linda is now aware of the product and is starting to learn about it.
The hierarchy of effects is:
1. Awareness - know the product exists
2. Knowledge- learn about the features of the product
3. Liking - make sure the customer likes the product and if not, figure out why
4. Preference- customers want your product over other brands
5. Conviction- the decision to make the purchase
6. Purchase - actually going out and buying the product
Three challenges associated with retail order takers are <u>repetitive tasks, minimal training and high turnover.</u>
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There are three different categories of order takers: internal order takers, delivery salespeople, and outside order takers.
An agreement between your business and a retailer is known as a retail order (wholesaler, kiosk, bookstore etc.). In exchange for payment of the purchase price, your publisher undertakes to provide the ordered quantity to the ship-to party.
An order taker in sales is a person who responds to client queries (also known as orders) but does not actively pursue strategies that would boost sales, such as identifying new prospects or upselling to current clients.
To know more about retail order takers: brainly.com/question/20534024
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I believe the answer is:
- What can go wrong?
This question is asked to find out the potential risk that may occur after purchasing the product.
- What is the likely return?
This question is asked to find out potential benefit from consuming the product
-Is the risk worth the return?
<span>The purchase should be made only if the potential benefit would outweigh potential risk
</span>
Answer:
$26,800
Explanation:
Sales revenue after further processing:
= Units produced from each ton of clypton × Selling price per unit
= 7,300 × $15
= $109,500
Sales revenue at split off point:
= Units produced from each ton of clypton × Selling price per unit
= 7,300 × $10
= $73,000
Incremental revenue:
= Sales revenue after further processing - Sales revenue at split off point
= $109,500 - $73,000
= $36,500
Incremental profit = Incremental revenue - Incremental cost
= $36,500 - $9,700
= $26,800
Therefore, financial advantage (disadvantage) of further processing product X15 is $26,800.
Answer and Explanation:
The vertical analysis is presented below:
Comparative Balance Sheet
<u>Particulars Dec 31, 2020 Percentage Dec 31, 2019 Percentage
</u>
(a) [(a) ÷ $3200000] × 100 (b) [(b) ÷ $3000000] ×100
Accounts
receivables $400,000 12.5% $400,000 13.3%
Inventory $864,000 27.0% $600,000 20.0%
Total Assets $3,200,000 100.0% $3,000,000 100.0%
