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amm1812
3 years ago
8

N sees a demonstration in a department store of a new model hair dryer that dries hair in one minute. N is most interested in th

is because N is always in a hurry. The hair dryer that N buys takes five minutes to dry N's hair. Indicate the proper warranty made by the seller by using the demonstration.
Business
1 answer:
madam [21]3 years ago
7 0

Answer:

Oral warranty was used by the seller.

Explanation:

The scenario shows that the proper warranty made by the seller to win N’s interest was premised on need. That is to say, by demonstration, N walks into the departmental store and was immediately approached by the seller who begins by exchanging pleasantries and thereafter introduces the new product to N by specifically outlining its benefits as compared to previous models. All of this warranty was made orally and not written.

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In a market economy, those who are willing and able to buy what is produced
Naily [24]
<span>In a market economy, those who are willing and able to buy what is produced, receive the most of what is produced and what the government allows them to receive.
They have the money, so they can receive everything that is in their power to receive.
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3 0
3 years ago
The Grow Your Garden seed company recently conducted a situation analysis. It decided on its marketing goals too. What is its ne
zhannawk [14.2K]

Answer:

To plan effective strategies and specific tactics to accomplish the strategic objectives

Explanation:

Since the company has conducted situational analysis and chosen its marketing goals the next logical step is to plan effective strategies and specific tactics to accomplish the strategic objectives. Both situational analysis and marketing goals are needed in order to understand who to target and what to aim for. Once a company has this, they need to plan a course of action in order to accomplish those goals as effectively as possible.

3 0
2 years ago
Outsourcing is __________. ANSWER Unselected making a high-level, often strategic, decision regarding which products or services
larisa [96]

Answer:

the use of supply chain partners to provide products or services.

Explanation:

In Business management, outsourcing can be defined as a process which involves an agreement between two companies that allows for the provision of services or job functions by another.

When a company is outsourced, it engages the service of another company (third-party) to perform some of its duties rather than the use of an in-house department or employees to handle them. The outsourcing firm is saddled with the responsibility of physically distributing the goods or services of the outsourced company.

Hence, outsourcing refers to the use of supply chain partners to provide products or services.

5 0
2 years ago
In a command economy, the goods and services that a country produces, the quantity in which they are produced, and the prices at
IrinaK [193]

Answer:

In a command economy, the goods and services that a country produces, the quantity in which they are produced, and the prices at which they are sold are planned by the government

The government plans the goods and services that a country produces, the quantity in which they are produced, and the price at which they are sold.

8 0
2 years ago
Dome Metals has credit sales of $270,000 yearly with credit terms of net 90 days, which is also the average collection period. A
bixtya [17]

Answer:

Net change in income = $8,100

Explanation:

Given:

Current credit sales= $270,000 per year.

Average collection period= 90 days

A 2/15, net 90 means a 20℅ discount if payment is made within 15 days.

Which means new credit terms increase will be

(90/15) * 20℅ = 120℅

We now find the following:

•Revised sales will be = (current sales * new credit terms increase)

= $270,000 * 120℅ = $324,000

•Increase in sales = ( new sales - current sales)

=$324,000 - $270,000 = $54,000

•Profit increase = (profit percent * Increase in sales)

= 15℅ * $54,000 = $8,100

• Average receivable under existing policy =

= $270,000 * (90/360) = $67,500

• Average under new policy =

$325,000 * (15/360) = $13,500

• Receivable reduction= $67,500 - $13,500 = $54,000

• Interest savings

= $54,000 * 12℅ = $6,480

• Cost of discount =

$324,000 * 2℅ = $6,480

Therefore the net change in income if new credit terms are adopted will be = (increase in profit + interest savings - cost of discount)

= $8,100+$6,480-$6,480

= $8,100

3 0
3 years ago
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