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Anna007 [38]
3 years ago
11

_____ is an approach to personal selling that assumes that the buying process for most buyers is essentially identical and that

buyers can be led through certain intellectual steps in the buying process.
Business
1 answer:
Setler [38]3 years ago
3 0

Answer:

Mental states selling

Explanation:

Mental states selling, or the formula approach to personal selling, assumes that the buying process for most  buyers is essentially identical and that buyers can be led through certain mental states, or steps, in the buying  process.   Relies on a structured sales presentation just like the stimulus response.  These mental states includes (AIDS) attention, interest, desire, and action

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Garida Co. is considering an investment that will have the following sales, variable costs, and fixed operating costs:
svlad2 [7]

Answer:

Garida Co.

The project's net present value (NPV) is:

= $57,787

Explanation:

a) Data and Calculations:

                                           Year 1       Year 2      Year 3      Year 4

Unit sales                           4,200         4,100       4,300        4,400

Sales price                       $29.82     $30.00      $30.31       $33.19

Variable cost per unit       $12.15      $13.45      $14.02       $14.55

Fixed operating costs   $41,000    $41,670    $41,890    $40,100

                                          Year 1        Year 2      Year 3        Year 4

Sales Revenue              $125,244   $123,000  $130,333   $146,036

Variable costs                  $51,030     $55,145   $60,286    $64,020

Fixed operating costs     $41,000     $41,670     $41,890     $40,100

Total costs                      $92,030     $96,815   $102,176    $104,120

Income before tax          $23,214      $26,185    $28,157      $41,916

Income tax (25%)               5,804          6,546       7,039        10,479

Net income/cash inflow  $17,410      $19,639     $21,118      $31,437

PV factor                           0.901          0.812          0.731        0.659

Present value                $15,686      $15,947    $15,437      $20,717

Total present value of the cash inflows = $67,787

Less investment cost of equipment =         10,000

Project's net present value (NPV) =          $57,787

3 0
3 years ago
Lloyd is a divorce attorney who practices law in Florida. He wants to join the American Divorce Lawyers Association (ADLA). The
Rasek [7]

Answer:

13 years

Explanation:

Note that, if we add the annual interest rate of 7.9% to $8000 [(0.079*8000)+8000] we get a total value of $8632. We perform random division of the 8632 with 11 12, 13 years we note that at 13 years the total annual payment is lowest.

Such that 8632/13 years= $664 lower than paying $750.

8 0
3 years ago
You are planning to buy 2019 MINI Cooper on a loan. Price of the car is $26,000. You are planning to make monthly payments for t
Sergeu [11.5K]

Answer:

$1,223.91

Explanation:

As per the concept of time value of money, the value of money today is more than the value of money tomorrow.

Given:

Price of car = $26,000

Interest rate 12%, compounded monthly

Tenure = 2 years

Now, Price of the car is the value of money today to purchase the car. So, while computing the monthly payment for car $26,000 will be considered as present value.

Monthly payment for car can be computed easily using Microsoft excel.

Use the following mentioned formula to calculate the monthly payment.

"=PMT(rate,nper,pv,[fv])"

wherein,

Rate = 12%/2 (because it has been compounded monthly)

nper = 2*12 (because 2 years are to be compounded monthly.)

Pv = $26,000 (as mentioned earlier)

Since, there is no Fv so it blank.

5 0
3 years ago
Sharon is unhappy with her job as a salesperson at a retail store for many reasons. Yesterday a customer asked her where the sha
postnew [5]

Answer:

<u>Customer satisfaction.</u>

Explanation:

Customer satisfaction is an extremely relevant factor for a company as it can directly influence the success or failure of a business.

The whole experience that the customer will have with your company will influence their perception and decision to re-establish relationships with the organization. The company should pay attention to the set of determinants responsible for customer satisfaction, the product must meet their needs, service and service should be cordial and optimized to clarify doubts and assist in the process of purchase and customer loyalty.

So on that issue, an employee like Sharon will negatively impact customer satisfaction, which has not been answered and badly answered. What the organization can do to improve this cycle is to invest in employee training and motivational policies that help increase job satisfaction and thereby increase customer satisfaction.

6 0
3 years ago
When actual revenue ______ what the revenue should have been, the variance is labeled favorable.
xeze [42]

When actual revenue <u>exceeds</u> what the revenue should have been, the variance is labelled favourable.

Hope that helps!

6 0
2 years ago
Read 2 more answers
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