Answer:
D. Flex plan ticket books
Explanation:
The selling in which you describe it in such a way that the product is tied in such a way that it improves the customers situation.
e.g All are servers are manufactured in the city so you can be sure of immediate support if any issue arises.
Selling the benefits instead of a features make it easier to get higher prices, it makes the product differentiation easier and justifies the higher price being charged.
The flex tickets are an example of benefit selling because one can purchase it in any combination possible for the type of package purchased and it can be used in any chosen combination throughout the current season.
Answer:
Amortization of the discount at December 31, 2020 will include: a debit to interest expense for $8,200.
Explanation:
Note is a promissory note with a written promise made by the borrower to the lender (payee) to pay a certain, definite sum at a specified date.
Since the face value of the note was $511,000 and the inventory was $498,700, then discount on the note is $12,300.
Amortization of the discount at December 31, 2020 will include: $12,300 / 3 x 2 months = $8,200.
Nutt and Backoff (1997) assessed four organizational contexts in terms of their proficiency to produce visionary strategic adaptation, and one of the four is bold organizations.
According to Nutt and Backoff's assessment of organizational contexts in terms of their ability to produce visionary strategic change, bold organizations have restricted resources. The acceptance of the need for change is high. So these big organizations tend to be more organic and less rule-bound.
Leadership which will be seen here will be Farsighted leadership. This involves freeing up resources and securing that the key stakeholders are carefully nurtured in the process of developing the vision. Only if the organizations aim big and far-sighted will they be able to achieve their organizational goals which involve visionary strategic goals.
Learn more about visionary strategic goals here:
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