<span>In my opinion, correct answer looks like this Marketing is as much about helping sellers sell products and services, as it is about helping customers to buy. Marketing is a form of communication between seller and his customer. Seller's goal is to convince customer to buy particular production. Communication is the key aspect in marketing for every successful seller.</span>
Answer:
$130.77
Explanation:
Price of preferred stock = Annual dividend / Required return
Price of preferred stock = $8.50/0.065
Price of preferred stock = $130.7692307692308
Price of preferred stock = $130.77
Answer:
increased customer purchases and positive word of mouth
Explanation:
Sam was called in to meet with his boss, Tricia. He was afraid he was going to be fired for the mistake he had made dealing with an important customer of the store. Instead, Tricia explained that he had handled the situation well, listening to the customer and finding a fair solution. Tricia commented, "Even more importantly, working the way you did to correct the error could result in <u>increased customer purchases and positive word of mouth.</u>
Tricia has not discouraged Sam, this is to motivate him, so that he can improve his communication skills to deal with the customers. Dealing with customers will result in that customers being aware of the fact that the customer service at the company is cooperative and good at dealing with the issues.
Answer:
D. Price information is also needed to determine what should be purchased next
Explanation:
Utility refers to the amount of satisfaction derived upon consumption of unit of a product.
Marginal utility refers to the addition to total utility when an additional unit of a product is consumed.
The decision concerning a choice between two products, would be taken with respect to their respective utilities derived per unit of a common unit i.e price, expressed in dollars.
The product which provides a higher marginal utility per unit of dollar would be preferred for purchase.
In the given case, the marginal utility of a cup of coffee is greater than the marginal utility of a donut. While deciding which unit of the two should be purchased, the price of both is required to arrive at a decision.
So, marginal utility per unit of dollar spent is required to be computed in the given case.
Answer:
D) Some employers and workers will agree on a wage less than $20 and not report the wages to the government; black market
Explanation:
The quantity supplied of labor should increase (more people will want to work), but the quantity demanded of labor should decrease (less employers will want to hire workers). Therefore the unemployment level should increase, turning the labor market less efficient.