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3241004551 [841]
3 years ago
7

Jane has been working with some buyers for several weeks. She thinks they are really interested in one particular property, but

when she approaches them about it, the buyer says, “The price is too high.” What would be a good response to that comment?
a. “I think they’re asking a fair price.”
b. “Well then, just offer less.”
c. “What do you think would be a fair price?”
d. “The comps say that this price is right on target.”
Business
1 answer:
grigory [225]3 years ago
6 0

Answer:<em> </em><u><em>The buyer says, “The price is too high.” A good response to that comment would be “What do you think would be a fair price?” </em></u>

If Jane would responds with, "What do you think would be a fair price?", then this would state that Jane does care about buyers opinion and respects it.

This would further induce a feeling in buyer that she might be inclined towards price flexibility.

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Regarding organizational buying, the people who have the power to select or approve the supplier- especially for larger purchase
nadezda [96]
In general, the people who have the power to select or approve the supplier are referred to as the "buyers". Most of the time, buyers want to go with a supplier who can offer the best product at the cheapest price. 
8 0
3 years ago
what appears to be the main reason for the success of amish businesses when compared to other u.s. businesses?
marusya05 [52]

Answer:

the Amish use old materials and do most of there work by hand

Explanation:

doing thing by hand is more uniqUE and beautiful then machine work

4 0
2 years ago
Marketing ethics is concerned with distinguishing between right and wrong actions and decisions that arise in a business setting
Likurg_2 [28]

Answer:

TRUE

Explanation:

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6 0
2 years ago
The provisions of some laws and regulations have a direct effect on the financial statements in determining the reported amounts
balandron [24]

Answer:

Option D is correct.

Explanation:

A manufacturer’s compliance with the occupational and safety code is least likely to have a direct effect on the financial statements of the entity identified.

4 0
2 years ago
You were asked to calculate the duration of a 10 year bond that has a coupon of 6% and a YTM of 7.82%. You could have typed the
ruslelena [56]

Answer:

$ 15.63  

Explanation:

The present value of the 17th coupon is the semi-annual coupon discounted at the discount factor that reflect that the payment is the 17th of the 20 coupons payments payable by the bond as done below

semi annual coupon=$1000*6%*6/12=$30

The discount factor applicable is 1/(1+7.82%/2)^17=1/(1+3,91%)^17=0.520984902

The present value of the 17th coupon=coupon amount*discount factor

                                                              =$30*0.520984902 =$15.63  

The present of the 17th coupon is $ 15.63  

This is then applied in  bond duration calculation

3 0
3 years ago
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