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3 years ago

The core power of personal selling, and primary source of its persuasiveness, draws from the opportunity sales people enjoy to:

Business

1 answer:

hjlf3 years ago

8 0

Answer:

listen to prospects and customers

Explanation:

Personal marketing takes place when a salesperson interacts with a prospective customer to make a deal.

Personal selling could be described as ' the system of individual-to-individual contact between a salesman and a potential consumer, where the prior discovers about the desires of the consumer and tries to meet those needs by giving the client the opportunity to purchase anything of interest, such as goods or services.

word can also be utilized to describe the state where a corporation employs a sales team as among the primary ways in which it interacts with consumers.

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What is penetration pricing?

Setler [38]

Answer:

A. The approach of lowering prices temporarily to gain market share

Explanation:

Penetration pricing is a strategy that marketers use to quickly gains market share of a new product. The strategy involves lowering the price of new products to woe customers to buy. The lowering of the price is temporary. Marketers use this strategy to introduce a product as a pocket-friendly alternative.

Penetration pricing is used where a product will be in competition with other existing brands. After the product has gain market share, marketers may increase the price to make profits.

8 0

3 years ago

Within some types of land use, business location may be determined by the type of service or products that are offered to consum

kupik [55]

Answer:

The correct answer is letter "C": supermarket.

Explanation:

A convenience store is a retail shop that offers daily-use goods to consumers such as groceries, drugs (that require no prescription), magazines, among others. Businessmen take profit from these stores thanks to the wide variety of products being sold.

In that sense, <em>supermarkets </em>would fall into this category since they match perfectly with the definition of a convenience store due to the diverse kind of goods they offer.

3 0

3 years ago

Which is a reason why it is important to organize information before preparing a business report?

inna [77]

Answer:

the answeris B, hope this helps

6 0

3 years ago

Read 2 more answers

Organizations offer aspiring entrepreneurs in developing countries small loans to help them get their businesses started. these

jolli1 [7]

microcredit

What is microcredit?

Microcredit is the provision of very tiny loans (microloans) to disadvantaged borrowers who lack collateral, consistent employment, or a verified credit history. It is intended to encourage business and alleviate poverty. Many clients are uneducated and hence unable to complete the documentation required for traditional loans.

Microcredit is a subset of microfinance, which provides the needy with a broader range of financial services, including savings accounts. The Grameen Bank, founded in Bangladesh in 1983, is widely regarded as the birthplace of modern microcredit. Despite initial reservations, many regular banks eventually adopted microcredit. 2005 was designated as the International Year of Microcredit by the United Nations. Microcredit is a method that can potentially help to lessen the feminization of poverty in developing countries.

To learn more about Microcredit

brainly.com/question/21182528

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4 0

2 years ago

You have $250,000 to invest in a stock portfolio. Your choices are Stock H, with an expected return of 12.9 percent, and Stock L

prisoha [69]

Answer:

The investment in stock H will be $104837.5 while the investment in stock L will be $145162.5

Explanation:

The portfolio return is the weighted average return of the individual stocks that form up the portfolio. The weightage of each stock in the portfolio is the investment in a stock as a proportion of investment in the portfolio.

Let x be the weightage of Stock H.

Weightage of Stock L will be (1-x).

Portfolio return = wH * rH + wL * rL

Plugging in the values,

0.111 = x * 0.129 + (1-x) * 0.098

0.111 = 0.129x + 0.098 - 0.098x

0.111- 0.098 = 0.031x

0.013 / 0.031 = x

x = 0.41935 or 41.935% rounded off to 3 decimal places

(1-x) = 1 - 0.41935 = 0.58065 or 58.065%

Investment in Stock H = 250000 * 41.935% = $104837.5

Investment in Stock L = 250000 * 58.065% = $145162.5

6 0

4 years ago