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nasty-shy [4]
3 years ago
6

When Benjamin purchased a camera at Best Buy, the cashier asked him for his home zip code. Which of the following approaches was

Best Buy using to identify the trade area for the store?
A) Customer clustering
B) Residential research
C) Financial demographics
D) Geographic research
E) Customer spotting
Business
1 answer:
Anna11 [10]3 years ago
4 0

Answer:

The correct answer is E) Customer spotting .

Explanation:

The detection of needs in the sale is the third step, of the six that must be taken to increase the possibilities of selling.

The detection of needs consists specifically in asking your client a series of questions that you have to have prepared in advance, in order to discover:

  1. What are the real needs they have
  2. If the products or services you have in your portfolio are suitable for what you need.

Not carrying out a correct detection of needs forces you to walk blindly and thus lose many chances of achieving success.

Keep in mind, that it is in this step where it is most important that you pay attention and listen to what the client has to say.

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Stockholders’ equity totaled $94,000 at the beginning of the year. During the year, net income was $24,000, dividends of $9,000
Scilla [17]

Answer:

$131,000

Explanation:

Given that,

Stockholders’ equity at the beginning = $94,000

net income = $24,000

Dividends paid = $9,000

Common stock issued = $22,000

Stockholders' equity at the end:

= Stockholders Equity at the beginning + Net Income - Dividend + Common stock issued

= $94,000 + $24,000 - $9,000 + $22,000

= $131,000

Therefore, the total stockholders' equity at the end of the year is $131,000.

7 0
3 years ago
What does the cio in a company do
Mars2501 [29]
<span>Manage the technological areas of the company</span>
8 0
3 years ago
Three years ago, you invested $2,750. Today, it is worth $3,500. What rate of interest did you earn?
Ket [755]

Answer:

Rate of interest is 8.37%

Explanation:

Future Value = PV(1+r)^{3}

3,500 = 2750 (1+r)^{3}

\frac{3500}{2750} = (1+r)^{3}

\sqrt[3]{\frac{3500}{2750}} = \sqrt[3]{(1+r)^{3}}

1.0837 = 1+r

r = 1.0837 - 1

r = 0.0837

r = 8.37%

Check:

3500 = 2750 (1+0.0837)^{3}

3500 = 3500

6 0
3 years ago
The first step in the decision-making process is to _____.
oksian1 [2.3K]

b)identify your choices

identifying your choices can be a life saver you should always think befor you do and or speak

8 0
3 years ago
Read 2 more answers
evenbergen Corporation makes one product and has provided the following information to help prepare the master budget for the ne
NeTakaya

Answer:

$86,950

Explanation:

Total Selling and administrative expense:

= Variable selling and administrative expense + Fixed selling and administrative expense

= (Units sold in August × Variable selling and administrative expense per unit sold)  + Fixed selling and administrative expense

= (11,300 × $1.50) + $70,000

= $16,950 + $70,000

= $86,950

7 0
3 years ago
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