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sladkih [1.3K]
3 years ago
15

The success of the Tom Dennis Ford dealership has been built largely on return customers and word-of-mouth recommendations. The

majority of sales are made to customers who previously purchased a vehicle at the dealership or who know someone who had a positive experience of purchasing a vehicle there. The sales force at the Tom Dennis Ford dealership most likely knows that using high-pressure selling is ineffective if the dealership wants to ________.
Business
1 answer:
givi [52]3 years ago
4 0

Answer: Build long-term relationships with the customers

Explanation:

  According to the given scenario, the high pressure selling process is one of the ineffective approach as the dealership wants to build a long term relationship with the consumers or user.

 The long term relationship with the customers is basically creating the growth, loyalty and also the revenue of an organization as it helps in increase the productivity of the management by maintaining the good relationship with the customers.

  The following ways helps in building the long term relationship with the customers are as follows:

  • By good communication skills
  • Enhance the consumer loyalty
  • Make connection with the customer
  • Always take feedback
  • Explain about your product's benefits

 

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Kenneth, the ceo of dewberry inc., is very particular about establishing and maintaining good interpersonal relations with his e
kap26 [50]

According to McClelland, this indicates that Kenneth has a <u>"high need for affiliation and high need for achievement".</u>


David McClelland suggested that a person's particular needs are gained after some time and are molded by one's beneficial encounters. The majority of these requirements can be classed as either achievement, affiliation, or power. A man's motivation and viability in certain activity capacities are affected by these three needs.

People with a high need for achievement look to exceed expectations and consequently have a tendency to keep away from both generally safe and high-hazard circumstances. Those with a high need for affiliation require amicable associations with other individuals and need to feel acknowledged by other individuals.

7 0
3 years ago
A major advantage to a business residence situation is_____
PolarNik [594]

Answer:

Difficult but if you are try it will be easier to you

3 0
3 years ago
Assets acquired in a lump-sum purchase are valued based on. Their assessed valuation. Their relative fair values. The present va
Nadusha1986 [10]

Answer:

Their relative fair values

Explanation:

The relative fair value method is mainly used in the determination of straight debt that is similar, warrantee, or tradable options. When different assets have been purchased, it is common for their purchase prices not to separate individually out the total cash that would be paid for these assets. But these assets will be most likely to be depreciated at rates that are not similar. Therefore, the relative fair value method will be the best and most effective technique that would be used in the allocation of total purchase costs for each of the available assets. This technique will depend mainly on the appraised fair market value for the assets being considers. The goal, in this case, is to allocate the total cost of purchasing through the use of relatively reasonable value methods as the main formula.

Asset allocation = (Purchase Cost) * (Asset FMV/Total FMV)

Where FMV is the Fair Market Value

Usually, a lump-sum purchase will occur where different assets have been acquired mainly from a similar price. Therefore, each of these assets will have to be recorded differently (fixed assets), specifically in an accounting record. To this, the purchase price will be allocated among the available assets acquired based mainly on the fair market values. Relative fair market value can be considered as a method of valuations in consideration of the assets of an acquired –business. In this case, a basket purchase price (lump sum) will be allocated to these assets. All the assets will be treated as a group. As a result, the relative fair value can help investors, particularly when it comes to choosing among different investments, particularly those that are available at any given time. The method will look mainly at relevant management, economic data, and footnotes, which are essential in the assessment of value relative of any given stock to its peer.

5 0
3 years ago
"A cost that is constant within a relevant range but differs outside the relevant range of activity is best classified as what t
Verizon [17]
Step cost is the answer.
4 0
3 years ago
Dexter Metals, paid its first annual dividend yesterday in the amount of $0.18 a share. The company plans to double each annual
skad [1K]

Answer:

The price per share of this stock is $13.20

Explanation:

Using the dividend discount model, we can calculate the price per share today of this stock. The DDM values a stock based on the present value of the expected future dividends of the stock discounted using the required rate of return on the stock. The price o=per share today for this stock is,

P0 = 0.18 * (1+1) / (1+0.1024)  +  0.18 * (1+1)^2 / (1+0.1024)^2  +  

0.18 * (1+1)^3 / (1+0.1024)^3  +  1.25 / (1+0.1024)^4  +  1.25 / (1+0.1024)^5  +  

(1.60 / 0.1024) / (1+0.1024)^5

P0 = $13.20

8 0
3 years ago
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