South Africa reserve bank
Answer:
D. Personal selling is not as effective as other forms of sales promotion.
Explanation:
Personal selling refers to the selling which could be done face to face. The seller sells its product by convincing skills, look and appearance, having product knowledge so that he or she could communicate in a better way and give the proper benefits of the product and attract the customer so that he or she could purchase the product
Therefore the option D is not an advantage as it is used for promoting the goods of the company
Answer:
Bond price= $1,793.62
Explanation:
Giving the following information:
Face value= $2,000
Number of periods= 17
Cupon rate= 0.077
YTM= 0.089
T<u>o calculate the price of the bond, we need to use the following formula:</u>
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 154*{[1 - (1.089^-17)] / 0.089} + [2,000/1.089^17)
Bond Price= 1,324.21 + 469.41
Bond price= $1,793.62
Answer:
Total mark up= 45%
Explanation:
Giving the following information:
An entry light has a total cost of $180 per unit, of which $100 is product cost and $80 is selling and administrative expenses. Also, the total cost of $180 is made up of $110 variable cost and $70 fixed cost. The desired profit is $45 per unit.
If $100 is the product cost, and $45 is the desired mark up:
100=100%
45= ? = (45/100)= 0.45= 45%
Answer:
Attribute the cause of our successes to internal personal factors and attribute our failures to external factors
Explanation:
Self-serving bias
This is simply regarded as the willingness to view oneself favorably. people usually tend to see themselves better than average. In terms of thinking positively, by taking credit for successes and that other forces did not have a factor in successes gotten. And also thinking negatively, by not taking credit for failures and rather blame external factors for failures encountered.
Individuals do accept credit when it is successful, but if there is a loss, they reject it or rather not associate themselves with it. They attribute loss to something else example: when an athletes attribute loss of a match to bad referees or dirty play.