Answer:
A) (I) is true, (II) false.
Explanation:
Nonbank loans are loans handed out by nonbank financial institutions that do not take money deposits from clients (e.g. checking and savings accounts) like regular commercial banks or credit unions do. An example of nonbank loans are payday loans. Nonbank financial institutions offer a large variety of services besides loans, e.g. private education funding, retirement planning, trading in money markets, underwriting stocks and shares.
The question is incomplete:
Clare, a florist, opened a new store and wanted to purchase a new refrigeration display cabinet for fresh-flower arrangements. She entered into a deal with Alpha Refrigeration Systems for two refrigeration units at $600 each. But, after delivering the units, the salesperson demanded another $100 as delivery charges, which was not mentioned in the deal. Identify the win-lose strategy used by the salesperson.
-Good guy-bad guy routine
-Browbeating
-Red herring
-Trial balloon
-Lowballing
Answer:
-Red herring
Explanation:
-Goog buy-bad guy routine is a strategy in which one person appears to be on your side and when you get to an agreement, this person goes to the bad guy for approval who will renegotiate.
-Browbeating is a strategy in which the buyer tries to affect the saleperson atittude by saying unflattering things.
-Red herring is a strategy in which one of the parties tries to distract the other one from certain isues to get an advantage.
-Trial balloon is an strategy in which one of the parties says something to the other one to get information about its position in the negotiation.
-Lowballing is an strategy in which the buyer makes a really low offer to test the seller.
According to the definitions, the answer is that the win-lose strategy used by the salesperson is red herring because Clara didn't consider the information related to the delivery when purchasing the units as she was probably distracted by other aspects and didn't consider this.
Answer:
d. industry newcomers use introductory low prices to attract buyers and build a customer base
Explanation:
Competitive strategy of a low-cost provider seeks to create prices that are low so that competitors can not meet or exceed consumer savings for good or service of the same quality. A competitive strategy to be the low-cost provider in an industry works well when:
Industry newcomers use introductory low prices to attract buyers and build a customer base
When buyers incur low costs in switching their purchase from one seller or brand to another or when commodity based products prevails and minimal differential exists
Medicare coverage outside the United States is limited.
mostly, Medicare won’t pay for health care or supplies you get outside the U.S.
The term “outside the U.S.” means anywhere other than the 50 states of the
U.S., the District of Columbia, Puerto Rico, the U.S., Guam, American Samoa,
and the Northern Mariana Islands, Virgin Islands.
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Bristol charges $56 per trip
The variable cost= $30
The monthly fixed cost= $7, 280.
To calculate the break-even point we need to use the following formula:
Break-even point= fixed costs/ contribution margin
Break-even point= 7,280 / (56 - 30)= 280 trips
Margin of safety= (current sales level - break-even point)
Margin of safety= 300 - 280= 20 trips