For Adam Smith to improve the performance of project management and increasing project success rate, i will advice him to embrace the system of mixed system for proper monitoring.
<h3>Who is Adam Smith?</h3>
He was a Scottish philosopher that is considered as the first modern economist. he defined an economics as “an inquiry into the nature and causes of the wealth of nations.
He is also called the grand patron of the America Capitalism economic system.
However, for Adam Smith to improve the performance of project management and increasing project success rate, i will advice him to embrace the system of mixed system for proper monitoring.
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Answer:
If John's Pizzeria is located in an area of high demand and he is not selling his pizzas, it means that he is doing something wrong. There are two possible options:
- the price is too high: John should try to lower the price of his pizza. Currently John has a surplus production of pizza, because he is producing much more pizza than what he is actually selling. To increase his sales, John should try to lower the price and see how many pizzas he sells at $5, or even at $4. The only way that John can reach an equilibrium between his supply of pizza and the quantity demanded is to lower the price.
- the pizza tastes terrible: the only option is to make a better pizza.
Some companies still treat sales and marketing as separate functions. One effect this can have is to <span>damage customer relationships</span>.
Sales and marketing are so closely related and achieve more when working together. Marketing is how customers hear about the product, what they love about it and what pulls them in. If someone isn't using the appropriate sales techniques for the audience found by the marketing team, they could damage the relationships the customer has with the brand.
Answer:
The correct answer is Time Utility.
Explanation:
The utility of time tells us that the products acquire greater value if they are available when the consumer desires them. It is one of the four utilities in Business Marketing next to the utility of place, utility of form and utility of possession.
The usefulness of time is achieved by ensuring that the products and services are available, on time and that they meet the needs of the client. To ensure this utility, companies must have effective and efficient logistics, where all quality systems, especially Just in Time, play a very important role.
This system develops the supply chain efficiently, and ensures that products are not only delivered on time but delivered just when they are needed saving costs to the customer.
Answer:
Net sales revenue= 220,100
Explanation:
Giving the following information:
Sales, gross $ 245,000
Sales returns and allowances $ 20,000
Sales discounts 4,900
Sales salaries expense 10,900
<u>Sales salaries expense is not a part of the net sales in a multiple-step income statement. The net sales are as follow:</u>
Sales= 245,000
Sales returns and allowances= (20,000)
Sales discounts= (4,900)
Net sales revenue= 220,100