Answer: Build long-term relationships with the customers
Explanation:
According to the given scenario, the high pressure selling process is one of the ineffective approach as the dealership wants to build a long term relationship with the consumers or user.
The long term relationship with the customers is basically creating the growth, loyalty and also the revenue of an organization as it helps in increase the productivity of the management by maintaining the good relationship with the customers.
The following ways helps in building the long term relationship with the customers are as follows:
- By good communication skills
- Enhance the consumer loyalty
- Make connection with the customer
- Always take feedback
- Explain about your product's benefits
Answer:
c. 11.02 percent
Explanation:
Weighted Average Cost of Capital (WACC) is the return that is required by the long term providers of Finance for the Business.
WACC = Ke × E/V + Kp × P/V + Kd × D/V
Where,
Ke = Cost of Equity
= 15.8 %
E/V = Market Weight of Equity
= 0.46
Kp = Cost of Preference Stock
= 8.3 %
P/V = Market Weight of Preference Stock
= 0.05
Kd = After tax Cost of Debt
= 6.8 %
D/V = Market Weight of Debt
= 0.49
Therefore,
WACC = 15.8 % × 0.46 + 8.3 % × 0.05 + 6.8 % × 0.49
= 11.015 or 11.02 %
Answer:
The options for this question are the following:
A. a cartel, as the three airlines together would attempt to coordinate policies in the local market to jointly maximize profits.
B. monopolistic competitors, as each firm would have to differentiate its airline services from its rivals.
C. perfect competitors, as each firm would sell travel services at the same fares as the other airlines.
D. kinked demand curve oligopolists.
The correct answer is A. a cartel, as the three airlines together would attempt to coordinate policies in the local market to jointly maximize profits.
Explanation:
A cartel is a formal agreement between two or more companies in order to reduce competition between them and increase their profits or joint profits.
A cartel is the formal expression of a collusion agreement. This implies that firms explicitly agree on the level of certain competitive variables such as price, quantity, distribution of customers or areas, etc.
The goal of cartel members is to increase joint benefits at the cost of reducing or eliminating competition. In this way, it is intended to act as a monopoly by increasing prices, reducing the quantity and increasing the profits obtained from sales.
Answer:
Timeliness principle.
Explanation:
Industry best practices can be used by various organizations as common core security principles to manage and control most, if not all of their assets and resources. These security principles can be adopted during the process of developing organizational policies, standards, baselines, procedures, and guidelines to effectively and efficiently manage the organization.
Timeliness principle can be defined as a principle which states that all stakeholders involved in the securitization of an organization and assets must act in a timely manner for the constant monitoring of the current and future state of the organization's assets, so as to avoid the integrity of its security being breached or compromised.
Hence, the principle which typically specifies that all personnel, assigned agents, and third-party providers should act in a timely manner to prevent and to respond to security breaches is known as the timeliness principle.
