Answer:
the most cost-efficient mode of selling may be to use sales or marketing representatives
Explanation:
Personal selling by Tyler can divert his focus from proper management practices of the firm's activities.
Selling involves constant interaction with the customer and follow up on prospective clients.
This can be stressful and lead to lose of sales revenue through ineffective customer engagement.
Hiring a sales representative is more cost effective because sales representatives are hired on a contract basis with commission paid on performance.
This ensures that a reasonable amount is paid to get execute the sales process.
Answer:
The probability of pet dogs adopted between 15% and 20% is 0.4096.
Explanation:
Let <em>X</em> = number of pet dogs adopted from an animal shelter.
The proportion of pet dogs adopted from an animal shelter is, <em>p</em> = 0.19.
The sample of pet dogs selected is of size, <em>n</em> = 80.
A Normal approximation to Binomial can be applied in this case since,
- np = 80 × 0.19 = 15.2 > 10
- n(1 - p) = 80 × (1 - 0.19) = 64.8 > 10
So the sample proportion (
) of pet dogs adopted from an animal shelter follows a normal distribution.
Mean of is:
Standard deviation of is:
Compute the probability of between 15% and 20% as follows:
Thus, the probability of pet dogs adopted between 15% and 20% is 0.4096.
Answer:
FV= $5,864.86
Explanation:
Giving the following information:
Annual deposit= $200 at the beginning
Number of periods= 15 years
Interest rate= 8%
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i + {[A*(1+i)^n]-A}
A= annual deposit
FV= {200*[(1.08^15) - 1]}/0.08 + {[(200*(1.08^15)] - 200}
FV= 5,430.42 + 434.44
FV= $5,864.86
Answer:
A
Explanation:
the answer to this question is a
It is the underground economy. The underground economy alludes to illicit financial action. Exchanges in the underground economy are illicit either in light of the fact that the great or administration being exchanged is itself unlawful or in light of the fact that a generally licit exchange does not agree to government revealing necessities. The main class incorporates medications and prostitution in many wards.
