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Irina-Kira [14]
3 years ago
8

Decision Point: Your Second Meeting: Furniture Assembling of wooden table with screwdriver Your next client is a retailer of rea

dy-to-assemble furniture. He’s sent you the following report: Easy Lifestyle Furniture Popular ready-to-assemble bedroom, living room, and office furniture. Three store locations in the state as well as online sales. Product line has been on the market for 2 years. Sales are steady, but untapped sales potential exists. Heavy marketing efforts have already taken place. Pricing is at or near market prices for competitors’ products. What should you recommend to increase sales? Select an option from the choices below and click Submit.
Business
1 answer:
drek231 [11]3 years ago
4 0

Answer:

Increase sales force need and commence prospecting

Explanation:

With scenarios like existence in market for over two years, existence of untapped potentials in the sales unit, and a great marketing opportunity that abound with moderate pricing, such furniture business only requires to immediate prospecting to potential client whose needs are in tune with their furniture products and establish a proposal. Also, the sales force should practice the lead approach in their prospecting such that every discussion with an initial prospect should generate lead to three other persons. With this process and a fair market price in a competitive market, coupled with product quality will yield the expected turnover after a projected period.

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Countess Corp. is expected to pay an annual dividend of $5.29 on its common stock in one year. The current stock price is $79.83
Nostrana [21]

Answer:

10.03%

Explanation:

Using the dividend discount formula, find the cost of equity; r

r = \frac{D1}{P0} +g

whereby,

D1 = Next year's dividend = 5.29

P0 = Current price of the stock = 79.83

g = growth rate of dividends = 3.40% or 0.034 as a decimal

Next, plug in the numbers to the formula above;

r = \frac{5.29}{79.83} +0.034\\ \\ r =0.06627 + 0.034\\ \\ =0.10027

As a percentage, r = 10.03%

Therefore, the company's cost of equity is 10.03%

7 0
3 years ago
All changes in account balances are not caused by transactions between the business and another business or individual. true fal
pychu [463]
That is definitely false
8 0
3 years ago
The process of polling potential investors regarding their interest in a forthcoming initial public offering (IPO) is called ___
SSSSS [86.1K]

Answer:

B. book building is the correct answer.

Explanation:

6 0
3 years ago
Which career testing tool is one of the few assessments with right and wrong answers?.
mario62 [17]

Ability Placement Survey career testing tool is one of the few assessments with right and wrong answers.

A career is an individual's metaphorical "journey" through study, work, and other aspects of life. There are several ways to define a career and the terms are used in different ways.

pursues a career for life, especially one that requires special training. He longed for a career as a lawyer. Resume or general course of action for a person or period of life, like occupation or endeavor: His career as a soldier ended in a truce. , means working as an electrician, cashier, teacher, or hairdresser. But career also has another definition.

Learn more about career here:brainly.com/question/6947486
#SPJ4

3 0
2 years ago
Betta Bakery
Alla [95]

Answer:

Poor customer service.

Betta Bakery has employees that lack good customer service skills. People generally do not like to be helped by people who cannot relate with them appropriately in the service industry and will generally avoid places that have such people. This will therefore lead to a loss of sales for Betta.

Competition from Quality Bakery.

Betta Bakery is facing stiff competition from a rival bakery known as Quality bakery and with the problems they are facing internally such as poor customer service, Quality bakery is able to lure customers away from Betta thus reducing their sales even further.

Stolen Equipment.

Betta bakery is having to spend money on the replacement of their equipment after some were stolen on account of the high crime rate in the area. These replacement costs reduce Betta bakery's profitability.

8 0
3 years ago
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