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givi [52]
3 years ago
14

Ron, a sales representative for a software firm, is giving a sales presentation to mona, a buyer for a large manufacturing firm.

making a sale to mona would double ron's sales amount for the month and lead to a large commission. as they're engaging in small talk, mona mentions to ron that she's a huge fan of the local college football team. ron's wife works at that college and can get season tickets for the games. what should ron most likely do?
Business
1 answer:
Anna71 [15]3 years ago
3 0

It is not unethical nor illegal to offer incentives for customers to sign contracts with your company. If I were Ron, I would try and get the tickets and give them to the prospective client to build rapport and relationship. hopefully this will lead to a sell in the future.

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What are five basic principles found in a free enterprise system?
vesna_86 [32]
Here are the five basic principles found in a free enterprise system:
1) Governments have no control over the buying & selling of products & services. 2) The "invisible hand" of market supply and demand occurs 3) Governments may only be involved with to provide education, the army, and public health services (and other merit goods) 4) Governments may only provide public goods (such as lampposts) which bring no profit for sales people, as you cannot stop people from using those items. 5) Usually, there's a great difference in the distribution of wealth <span>
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3 0
3 years ago
g Mark quit his job as a salesman where he made $43,000 per year to start his own t-shirt making business. His business expenses
SVEN [57.7K]

Answer:

$43,000

Explanation:

Implicit cost or opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives

by starting his business, he forgoes the opportunity to earn 43k

7 0
3 years ago
The information below relates to the Cash account in the ledger of Novak Company.
VLD [36.1K]

Answer:

A) account reconciliation

Bank account reconciliation:

Bank account balance $16,682

+ deposits in transit $4,580

- outstanding checks $2,513

reconciled bank account $18,749

Cash account reconciliation:

Cash account balance $17,664

+ Note collected $1,660

+ Interest revenue $52

- NSF check (R. Nance) $555

- Bank fees (safety deposit box rent) $72

reconciled cash account $18,749

B) Adjusting entries

September 30, NSF check

Dr Accounts receivable 555

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September 30, collection of notes receivable

Dr Cash 1,660

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4 0
3 years ago
Corporate governance structure a.varies a great deal across countries. b.has become homogenized following the integration of cap
Free_Kalibri [48]

Answer:

a.varies a great deal across countries.

Explanation:

  • Corporate governance is a mixture of the rules and laws by which the business operates and is regulated and controlled this term involves the external and the external factors that impact the compactors stakeholders, customers, shareholders, and the management.
  • However the structure differs form nations to nations on the basis for the roles played by the governments and that includes the monitoring the actions, policies, and the decisions of the corporations.
  • <u>Countries like the U.K, Canada, Ireland, United States, and New Zealand are the top five countries in the corporate governance scale with an overall rating of 7.6 to 6.7.</u>
3 0
3 years ago
Your local government needs to increase tax revenue. To increase tax revenue it can either increase the property tax on resident
sweet [91]

The government wants to impose the smallest excess burden possible. My recommendation would be  to increase the property tax only on residential property because taxpayers are allowed to deduct property taxes from federal income tax inability, thus reducing the amount they must pay in federal taxes.

Explanation:

  • To increase tax revenue it can either increase the property tax on residential property or increase the property tax on all property. The government wants to impose the smallest excess burden possible.
  • to increase the property tax only on residential property because taxpayers are allowed to deduct property taxes from federal income tax inability, thus reducing the amount they must pay in federal taxes.
  • The examples of federal taxes are,
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  • Property taxes.
  • Estate taxes,etc

7 0
3 years ago
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