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12345 [234]
3 years ago
9

Charlotte needs to raise money for a charity benefit she is attending. At lunch, she asks her friend, Samantha, to attend the be

nefit to keep her company and Samantha gladly accepts. By the end of lunch, Charlotte has told Samantha all about the purpose of the benefit and asks if she'd be willing to make a $100 donation to support the cause. What technique did Charlotte use?
A. Ingratiation
B. Door-in-the-Face
C. Need satisfaction
D. Foot-in-the-door
E. Adaptive Selling
Business
1 answer:
mrs_skeptik [129]3 years ago
5 0

Answer: Foot in the door

Explanation:

A. In  Ingratiation one tries to influence the respondent by using flattery or compliments etc.

B. In  Door-in-the-Face technique the influencer first make a big request followed by a small one that the respondent will most likely accept.

C. In need satisfaction the influencer first try to understand the needs of the respondent and then make his move as per the observations made.

D. In foot in the door first a small request is made which the respondent will most likely accept and then the crucial request is presented before the respondent.

E. In Adaptive Selling the technique of changing behavior is used as per the changing requirements.

Hence, from the above we can conclude that Charlotte used foot in the door.

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Zino Company determines that a customer balance of $200,from Hollis Co. is uncollectible. Zino uses the allowance method to acco
Natalka [10]

Answer:

The correct answer is A

Explanation:

The journal entry to be posted to write off the balance of uncollectible is as:

Allowance for Doubtful Accounts A/c..........................Dr   $200

              Accounts Receivable A/c.......................................Cr  $200

As the allowance method is used so the accounts receivable account will be credited and the allowance for doubtful accounts is debited with the amount which is recovered that is $200.

Allowance method is generally refer to one of the ways for reporting the uncollectible or bad debt expense which results from a company selling the goods on credit.

3 0
4 years ago
Internal resources, such as the legal department, training department, information technology department, tend to be under-utili
bixtya [17]

Answer:

b. All of the answers are correct.

Explanation:

Death Spiral is a situation when a company's goods or services produced are declining and fixed cost is same. The company will be exposed to a burden of fixed cost if its output is reduced.  

In this question the various departments of a company are underutilized. The fixed price allocated to each department will be same hence creating a burden on a company's funds. Managers may decide to reduce the services they use to reduce the cost of their department. The internal pricing system will start recovering the sunk cost of company. Managers will also consider purchasing services internally or externally whichever is cost effective. All of the statements are correct there b is correct option.

7 0
3 years ago
1) Conduct a 5 forces analysis of the brewery industry and explain why it’s a good or bad industry? 2) Why are true (not owned b
bixtya [17]

Full Question:

1) Conduct a 5 forces analysis of the brewery industry and explain why it’s a good or bad industry

2) Why has the beer industry been historically profitable? How are profits allocated among the “mega breweries?

3) How do you control supplier costs?

Answers:

1 Five Forces Analysis:

  1. Rivalry: Other Craft Breweries and “Better Beer” suppliers that may be able to create economies of scale and have better marketing efforts.
  2. Threat of Entry: Growing industry, home breweries are becoming more popular, this is usually the beginning of a larger brewery. Demand for the uniqueness provides the need for   supplies  from   other   breweries.  Barriers  to   entry  consist   of   government  laws  and regulations, supply availability, and customer loyalty.
  3. Bargaining Power of Suppliers: Limited supply, especially with specialized hops for the craft beers, prices can be increased.
  4. Bargaining Power of Buyers: Buyers may have price sensitivity. Many craft breweries are subject to limited distribution channels, making it harder to create a following as they’re not available in chain stores.
  5. Substitutes: Non-craft beer, wine, malt beverages. For people who don’t want to pay the“better beer” price, and people who don’t like the taste of largely produced beer.

2. The U.S. Beer market is one of the most complex industries. It has two product-segments: Lager and Ale, with lager being the overwhelmingly dominant segment. Historically,   the   industry   has   been   profitable  with more Profits   being allocated   among   the  mega breweries.

3. Controlling Supplier Costs:

Given the bargaining power of suppliers, the only to control them given their limited availability is through moral suasion or via legislative means limiting their powers.

Another way would be to get government to subsidise their cost of operations.

4. The effect of the general environment (such as demographic, socio-cultural etc)  on the brewery industry:

Economic factors affect the industry in determining price point and demand; Craft beer is more popular in already developed countries as those consumers can afford the higher price. Cultural factors are also a component; some cultures drink more beer as cultural experiences/ normality’s, while others are just beginning to develop a taste for the beverage. The climate in different places can also impact the type of beer consumed, warm weather lending to light beer, and tastes changing with every season, opening markets to a wider range of brews. Lastly, the industry is subject to political factors such as laws   and regulations about the  quantity, distribution, and packaging of  craft beers.

5. The importance of the craft brewery alliance is :

Craft   breweries   are   having   larger   growth   rates,   mega   breweries  are   growing   in   developing countries. Mega breweries still  have the largest profits,  but crafts are within  the top 10 for production volume. Craft breweries has high revenue due to higher price points.

Cheers!

6 0
3 years ago
Write a five-to seven-page financial statement analysis of a public company, formatted according to APA style as outlined in the
Dmitry_Shevchenko [17]

Answer:

you want us to write a 5-7 page paper for you? that's on you. it's for questions, not whole papers

4 0
3 years ago
Maturity Dates of Notes Receivable Determine the maturity date and compute the interest for each of the following notes: (Use 36
expeople1 [14]

Answer:

Maturity Dates and Interests of Notes Receivable:

Date of Note          Principal   Interest     Term          Maturity Date

                                                   Rate                       Month       Day   Interest

a. August 5             $6,000         8%     130 days   December   13    $173.33

b. May 10                 16,800          7%     100 days   August        18     326.67

c. October 20         24,000         9%      55 days   December   14     330.00

d. July 06                  4,500        10%      70 days   September  14       87.50

e. September 15      9,000          8%      85 days   December    9     170.00

Total                    $60,300                                                              $1,087.50

Explanation:

a) Data and Calculations:

   Date of Note      Principal   Interest     Term          Maturity Date

                                                   Rate                          Calculations

a. August 5             $6,000         8%     130 days   Dec. 13(26+30+31+30+13)

b. May 10                 16,800          7%     100 days   Aug. 18 (21+30+31+18)

c. October 20         24,000         9%      55 days   Dec. 14 (11+30+14)

d. July 06                  4,500        10%      70 days   Sept. 14 (25+31+14)

e. September 15      9,000          8%      85 days   Dec. 9 (15+31+30+9)

Calculation of Interests:

a. = $173.33 ($6,000 * 8% * 130/360)

b. = $326.67 ($16,800 * 7% * 100/360)

c. = $330.00 ($24,000 * 9% * 55/360)

d. = $87.50 ($4,500 * 10% * 70/360)

e. = $170 ($9,000 * 8% * 85/360)

8 0
3 years ago
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