1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Yakvenalex [24]
3 years ago
11

You are tasked with generating twice the amount of qualified leads your company generated last quarter. With your company’s bott

om line and return on investment in mind, which of the following is the most strategic approach to take?
a. You could invest more resources in the short term, exponentially driving up the amount of traffic coming to your site to increase revenue. This would increase the amount of people in your funnel and therefore the amount of people moving through your funnel.
b. You could increase the chances of your current traffic choosing to convert and move down your funnel. Over time, this has the potential to drastically lower your cost to acquire a customer and positively impact your return on investment.
c. You could invest additional resources in your sales team. The more you increase that team’s overall job satisfaction, the more encouraged they will feel to make each and every sale count. This will have a positive impact on the efficiency of your funnel.
d. You could increase the budget of your services team. By increasing the amount of customers that retain with your company, you will need less net new gains to generate the desired level of revenue.
Business
1 answer:
alekssr [168]3 years ago
8 0

Answer:

OPTION "b" will be the correct answer.

Explanation:

From the following is the most strategic approach to take is that you could increase the chances of your current traffic choosing to convert and move down your funnel. Over time, this has the potential to drastically lower your cost to acquire a customer and positively impact your return on investment. The option "b" fulfills the demand of the situation mentioned and this will be the most significant option to be selected while suffering the situation.

You might be interested in
Estée lauder would not choose to sell to cvs or dollar general because ________.
castortr0y [4]
Estée lauder would not choose to sell to cvs or dollar general because "<span>customer expectations."</span>

Estée Lauder would not choose to sell to CVS or Dollar General since its clients would not expect to shop at those stores for top of the line makeup. Rather, CVS may convey less costly cosmetic brands, as Revlon and Maybelline.

4 0
3 years ago
In most societies, resources are allocated by
Maksim231197 [3]
In most societies, resources are allocated by the combined action of millions of households and firms.
Resources are very important to setup and build societies. Resources are scare and this is the reason why societies and households faces many decisions. How societies manage scare resources, we study this in economics.
7 0
3 years ago
2 ways in which busisnsses may act ethically
hram777 [196]
Businesses can act ethically by being honest and fair
4 0
3 years ago
On January 1, 20X9, Pallet Company acquires 80 percent ownership in Slat Corporation for $200,000. The fair value of the noncont
polet [3.4K]

Answer:

<em>Consolidated Assets 850,000</em>

Explanation:

We need to calcualte the alue of the purchased portion of Slat.

total assets - non-controlled = proportional owned assets

250,000 - 50,000 = 200,000

The consolidated net assets would be:

Pallet Company 650,000

Slat Company    250,000

non-controlling    (50,000)

<em>Consolidated Assets 850,000</em>

7 0
3 years ago
When making contingency estimates, the contractor should Select one: a. estimate the amount to mitigate high impact and probable
coldgirl [10]

Answer:

a. estimate the amount to mitigate high impact and probable issues.

Explanation:

In project management, a contractor can be defined as an individual or organization that temporarily undertakes a project in order to create a unique result, product, and service.

A contingency is an amount of money which is added to the initial or standard cost estimate so as to cover risk exposure and any uncertainty.

When making contingency estimates, the contractor should estimate the amount to mitigate high impact and probable issues.

As a result of uncertainties that are peculiar to everything in life, most especially projects undertaken, it is very important and necessary that the contractor should set aside an amount of money to mitigate or lessen any high impact such as dwindling prices, miscellaneous, faults, repairs and other probable issues that may arise in the process of execution.

6 0
3 years ago
Other questions:
  • Sparky Corporation uses the FIFO method of process costing. The following information is available for February in its Molding D
    7·1 answer
  • Gdp data can be criticized as being inaccurate measures of economic welfare because:
    15·1 answer
  • Presented below is information related to equipment owned by Porto Company on December 31, 2017. Cost $5,600,000 Accumulated dep
    6·1 answer
  • The future value and present value equations also help in finding the interest rate and the number of years that correspond to p
    10·1 answer
  • A natural monopoly can occur when the average cost of making a good _____ a lot as output increases.
    11·2 answers
  • Which of the following accounts could be found in the PQ partnership's general ledger?I. Due from PII. P, DrawingIII. Loan Payab
    13·1 answer
  • Item 9Item 9 On September 12, Vander Company sold merchandise in the amount of $9,600 to Jepson Company, with credit terms of 2/
    7·1 answer
  • The aggregate demand curve indicates the relationship between
    6·1 answer
  • Security A: Probability 30% of Return 7%; Probability 50% of Return 12%; Probability of 20% of Return 17%. Security B: Probabili
    7·1 answer
  • On June 30, 2018, the Esquire Company sold some merchandise to a customer for $48,000. In payment, Esquire agreed to accept a 9%
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!