It is invitation only. Usually people who spend more than $250,000 a year on their credit cards are targeted and invited.
If you are invited it will cost $7,500 for initiation and a $2,500 annual fee for continuous use of the black card.
Answer:
B (They have the tenacity but know when to walk away and move on thr next sales person)
Explanation:
Let's break these.
A: Anyone can say no. this really does not work as a good salesperson argument.
B) They know when to stop but are also tenacious. good qualities to have in a salesperson.
C) thats looking at legal trouble, please don't do that
D) thats a ridiculous statement
Answer:
The increase in cost is $300,000.
Explanation:
The marginal cost function (C'(x)) is:
For 0≤ x ≤ 900.
Integrating the marginal cost function and evaluating it in the interval of 300 to 900 bikes, gives us the increase in cost of going from a production level of 300 bikes per month to 900 bikes per month:
The increase in cost is $300,000.
Answer:
It will take 3 years and 66 days to pay for the initial investment.
Explanation:
Giving the following information:
Cash flows= $615 for 8 years
Initial investment= $1,750
<u>The payback period is the time required to cover for the initial investment.</u>
<u></u>
Year 1= 615 - 1,750= -1,135
Year 2= 615 - 1,135= -520
Year 3= 615 - 520= 95
Exactly:
(95/520)= 0.18*365= 66
It will take 3 years and 66 days to pay for the initial investment.
Answer:
Franchising
Explanation:
Since Marianna wants to open additional locations, but she doesn't have a lot of start-up capital, the consolidation strategy for fragmented industries that she could utilize is franchising
Franchising is a business expansion model and marketing concept which can be adopted by an organization that does not have to put down additional capital for expansion.
The expanding firm (a franchisor) only needs to license its know-how, procedures, intellectual property, and the use of its business model, brand, and rights to sell its branded products and services to a franchisee.
The franchisee is the party to bring the capital for the expansion.
Much explains why most restaurants use this same strategy, e.g. KFC, Subway and McDonald's;