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steposvetlana [31]
3 years ago
14

You find that you have significatantly overcharged one of your clients. The error was discoverd by you when you recieved payment

. It is unlikely that the customer or your company will become aware of the overcharge. Because of this error, the company realised higher net profit on the sale. Your commissions are based on this profit. What, if anything would you do about the overcharge?
Business
1 answer:
rusak2 [61]3 years ago
6 0

Answer:

Tell the client what happened and apologize. A good business should have costumer service the number one priority.

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During the business model design process the entrepreneur should spend zero time focusing on the uncertainties and external risk
ad-work [718]

Answer:

The correct answer is false

Explanation:

The business model design process  consists of five phases; mobilize, understand, design, implement, and manage.

7 0
3 years ago
A 3/1 ARM is made for $150,000 at 7% with a 30 year maturity. Assuming that fixed payments are to be made monthly for three year
sveticcg [70]

Answer:

Monthly paymenty for  $ 997.954

Explanation:

We have to calcualte for the PTM of the mortgage for the first three years at which the rate is fixed:

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV $150,000

time 360 (30 years x 12 months)

rate 0.005833333 (7% annual / 12 months)

150000 \div \frac{1-(1+0.005833)^{-360} }{0.005833} = C\\

C  $ 997.954

8 0
3 years ago
For February, sales revenue is $900,000; sales commissions are 5% of sales; the sales manager's salary is $96,000; advertising e
FinnZ [79.3K]

Answer:

Option  A

Total selling expenses for the month of February=$245,600

Explanation:

<em>The selling expenses include all the expenditure incurred in respect of activities revolving around the marketing and distribution of goods to the final consumer.</em>

<em>These expenditures may be fixed or variable in nature</em>

DATA

Sales revenue -  $900,000;

Sales commission - 5%×  900,000 =  45000

Sales manager salaries  -  96,000

Advertising expenses - 80,000

Shipping expenses - 2% × 900,000 = 18000

Miscellaneous selling expenses = 2100 + (1/2× 1%× 900,000) =6600

Total selling expenses for the month of February

= 45000 +  96,000 + 80,000+ 18000 + 6600  = $245,600

Total selling expenses for the month of February=$245,600

6 0
2 years ago
An 11.0-W energy-efficient fluorescent lightbulb is designed to produce the same illumination as a conventional 40.0-W incandesc
Viktor [21]

Answer:

40-11 = 29----- 29 *240h = 6960 w = 6.96 kw

0.113 * 6.96 = 0.78648 $

8 0
3 years ago
Freddie's Market offers customers tissues, canned goods, napkins, and various detergents in basic packaging with no identified b
Irina-Kira [14]

Answer:

True

Explanation:

Generic goods are the products which are named by their product type. The store have many generic goods with lower prices than nationally known brand names. Freddie's Market is also offering its customers generic goods like tissues , napkin and various detergents with no specific brand name. These goods will be less expensive than the brand labelled goods.

3 0
2 years ago
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