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3 years ago

Salespeople need to possess effective trust-based sales communications skills so that they:

1 answer:

7 0

Hey there!

For salespeople, its all about relationships and conversations and relationships with people. If you're good friends with someone from your consuming company, you can expect to make good sales as they are acquaintances and would want to buy things from people who they can trust.

Therefore, if you can develop friendships and trust with people from the company who would buy from you, they might just accidentally or purposely let you in on secrets from their company that would maximize sales- and that's always the goal of a salesperson.

Hope this helps!

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Nieland Industries has two production departments: Fabricating and Finishing. Beginning inventories are: Work in Process—Fabrica

irina [24]

Answer:

Explanation:

1 Dr Raw Materials Inventory 40,000

Cr Accounts Payable 40,000

2 Dr Factory Labor 65,000

Cr Wages Payable 65,000

3 Dr Manufacturing Overhead 35,000

Dr Accounts Payable 5,000

Cr Cash 30,000

4 Dr Work in Process—Fabricating 10,000

Dr Work in Process—Finishing 8,000

Dr Raw Materials Inventory 18,000

5 Dr Work in Process—Fabricating 13,000

Dr Work in Process—Finishing 52,000

Cr Factory Labor 65,000

6 Dr Work in Process—Fabricating 10,000

Dr Work in Process—Finishing 20,000

Cr Manufacturing Overhead 30,000

5 0

3 years ago

True or False: It is common for debt investors to push entrepreneurs to pursue less risky business strategies for their ventures

NNADVOKAT [17]

it is false and uncommon for debt investors to push entrepreneurs to pursue less risky business strategies for their ventures.

Basically, debt investment entails an investor who lends his money to a firm, individual with an expectation of repayment of loan plus interest from them at a particular date.

The practice that borrowers should engage in less risky business strategies for their ventures will not be encouraged by debt investors because it is less risky and will not yield high return to allow them repay their loan quick enough.

Therefore, it is false and uncommon for debt investors to push entrepreneurs to pursue less risky business strategies for their ventures.

Read more about this here

brainly.com/question/25219850

3 0

2 years ago

Which term refers to the interest the Federal Reserve Bank (Fed) charges banks for loans? open‑market sale fractional banking re

balu736 [363]

Answer:

Which term refers to the interest the Federal Reserve Bank (Fed) charges banks for loans?

discount rate

the discount rate is the interest rate that the Federal Reserve System charges banks for the loans it makes. The overnight rate or the federal funds rate is even lower, but it lasts a few hours only.

Select the charge the Fed levies on banks borrowing funds that would result in the smallest increase in the money supply.

two percentage points above the private level

the higher the interest rate, the lower the increase in the money supply.

3 0

3 years ago

The following information is taken from Reagan Company's December 31 balance sheet: Cash and cash equivalents $ 10,319 Accounts

garri49 [273]

Answer:

49 days

Explanation:

Account receivable turnover ratio = Net credit sales / Accounts receivable

Account receivable turnover ratio = $602,000 / $79,922

Account receivable turnover ratio = 7.53

Average collection period = 365/7.53

Average collection period = 48.47277556440903

Average collection period = 49

Thus, firm’s sales uncollected for year is 49 days.

8 0

3 years ago

Why do lenders request to look at your credit report before you can borrow money?

densk [106]

Answer:

The correct answer is letter "D": They want to see how responsible you are in making payments on existing debt.

Explanation:

Credit reports are documents displaying the credit history of individuals. They allow lenders to know what the credit behavior of an individual is, thus, have an idea if that person could repay the amount of a loan or is likely to fall into debt. The three major credit bureaus in the U.S. are Equifax, Experian, and TransUnion.

6 0

3 years ago

Read 2 more answers