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irinina [24]
3 years ago
13

Victor is calling on Meridian Cabinet Works. His goal is to close the deal for a customized profile sander valued at about $3,50

0. He would be willing to accept a purchase of one his firm's ready-made sanders, which cost about $2,000. Victor would try to convince the owner of Meridian to use the sander and to provide his company with a testimonial because this would help him approach other local wood workers. For Victor, the sale of the custom-built profile sander is his _____.
Business
1 answer:
Blizzard [7]3 years ago
8 0

Answer:

primary call objective

Explanation:

Begin each sales call with at least one objective. Reasonable objectives are ones that move the selling process forward. Reasonable objectives for a sales call are presenting a solution and getting feedback, getting agreement for a product trial, or meeting a key decision maker.

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Consider three closed economies. In the first economy, households spend $0.50 of each additional dollar they earn and save the r
aleksklad [387]

Answer:

b. In the first economy, the spending multiplier is greater than in the second economy. In the third economy, the spending multiplier is undefined

Explanation:

This can be easily understood by going through some calculations in a spending multiplier formula.

WORKINGS

The formula for Spending Multiplier = \frac{1}{MPS}

Spending Multiplier

Economy 1: Multiplier = \frac{1}{0.5} = 2

Economy 2: Multiplier = \frac{1}{1} = 1

Economy 3: Multiplier = \frac{1}{0} = undefined

Note: MPS can be abbreviated as Marginal propensity to save

As we can see here economy 1 is 50% greater than economy 2 and economy 3 is undefined because they spend whole dollar they earn additionally.

On behalf of the above calculations,  option B is a perfect match!

4 0
3 years ago
Why is fr33 p01nts banned
igor_vitrenko [27]

Answer:

oh I didn't even know it was lol but thanks for them

6 0
3 years ago
Read 2 more answers
Suppose interest rates on residential mortgages of equal risk were 8% in california and 10% in new york. could this differential
Aleks04 [339]

Regional mortgage rate differentials do exist, depending on supply & demand conditions in the different regions. However, high rates in one region would attract capital from other regions, and the end result would be a diffferential that was just sufficient to cover the costs of causing the transfer. Differentials are more likely in the residential mortgage market than the business loan market, and not at all likely for the large, nationwide firms, which do their borrowing in the lowest-cost money centers thereby quickly equalizing rates for large corporate loans. Interest rates are more competitive, making it easier for small borrowers, and borrowers in rural areas, to obtain lower cost loans

4 0
3 years ago
Seeking products or services that have been successful in one market and introducing the same basic product or service in anothe
BabaBlast [244]

Answer:

Imitative new entry

Explanation:

This is called imitative new entry. There are business imitators who are interested in capitalizing on existing and proven success in the business venture they want to enter.

It is used by entrepreneurs who have seen business success in a particular business line and then they go ahead to introduce the same service or product in a different segment of the market. Entrepreneurs use this when they think are better equipped to do a job than the already existing competitor.

Seeking products or services that have been successful in one market and introducing the same basic product or service in another segment of the market is referred to as _____________ new entry

6 0
3 years ago
Hunter's Hut is considering a project that will require additional inventory of $48,000 and will increase accounts payable by $2
slamgirl [31]

Answer:

the project cash flow is $92,880

Explanation:

The computation of the project cash flow for the change in net working capital in the year 1 is shown below:

Working capital needed for the year 1 $55,000 ($550,000 × 10%)

Add: Additional inventory $48,000

Add: Increase in account receivable $11,880 ($297,000 × 4%)

Less: Increase in accounts payable $22,000

Project cash flow $92,880

Hence, the project cash flow is $92,880

3 0
2 years ago
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