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Andrew [12]
4 years ago
8

The salesperson's objective is to obtain a purchase commitment from the prospect and create a customer during which stage in the

personnel selling process?
Business
1 answer:
Romashka [77]4 years ago
7 0

Answer:

Closing (the Sale).

Explanation:

The salesperson's objective is to obtain a purchase commitment from the prospect and create a customer during closing stage in the personnel selling process. Personal selling process starts with prospecting, pre-approach, approach and then presentation, followed by handling objectives and then closing process. In closing process, salesperson actually want the costumer to purchase the product, therefore, he or she tries to close the process as soon as possible by taking purchasing intention from the customer. This is the most important step in the whole process because this steps yields actual sales where all other steps help this step.

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So why it is a ration decision to make sure the marginal benefits outweighs the marginal costs? (Be detailed, you can use exampl
Rzqust [24]

Answer:

For the business to make profits

Explanation:

Marginals revenue is the additional income realized from the sale of an extra unit. It is the revenue that a firm will gain by selling one more unit of a product or service.

Marginal cost is the expense incurred in the production of one more unit of a product.  A business compares marginal revenue to marginal cost to decide if it will cease or continue with production and selling activities.

For a business to continue selling and make profits, marginal revenue must be greater than the marginal cost. In other words, the revenue realized by selling one extra unit must exceed the cost of producing that item. Selling one more unit when the marginal cost is more than the marginal revenue will result in a loss.

If the marginal revenue from a computer is $40 and the marginal cost is $50,  selling on extra computer results in a loss of $10. But if the marginal revenue from the same computer is $60, the sale on one more unit will be a gain of $10.

6 0
4 years ago
Robust Inc. has the following information related to an item in its ending inventory. Product 66 has a cost of $812, a replaceme
Radda [10]

Answer:

$775

Explanation:

In inventory valuation , inventory are valued at the lower of cost to replace an item of inventory and the net realizable value.

The net realizable value is the proceed earned from the disposal of an inventory less the cost related to the disposal.

In the scenario described in the question , The replacement cost for product 66 is $775 while the net realizable value is $800. Therefore , the final inventory valuation will be the lower of $775 and $800 which is $775

3 0
3 years ago
Scenario 34-1. Take the following information as given for a small, imaginary economy: When income is $10,000, consumption spend
laiz [17]

Answer:

0.75

Explanation:

Marginal Propensity to Consume (MPC) is the change in consumption due to change in income

Change in consumption = $7,250 - $6,500 = $750

Change in income = $11,000 - $10,000 = $1,000

MPC = Change in consumption / Change in income

MPC = 750 / 100

MPC = 0.75

6 0
3 years ago
Form utility is ________. 1. marketing's task in creating an offering that has value 2. production's task in creating an offerin
Karolina [17]

Answer:

2. production's task in creating an offering that is desired by the market

Explanation:

Form Utility is one of the four types of economic utilities. The other three being Time, place and possession. Form utility refers to the product or service a producer offers his customer. It is the value seen by customers in finished product.

Form utility involves how well a product or service meets customer's needs. Production unit is tasked with creating a product that his desired by the market after the marketing unit have gathered relevant information about what the market or consumers demand or needs.

In summary, it is a simple utility that involves the creation of products that meets customer's needs.

5 0
4 years ago
The shareholders’ equity of Core Technologies Company on June 30, 2020, included the following: Common stock, $1 par; authorized
snow_tiger [21]

Answer:

Explanation:

Before recording the journal entries first we have to determine the stock dividend which is shown below:

= Number of outstanding shares × stock dividend percentage × market price  on April 1

= 3,000,000 shares × 10% × $30

= $9,000,000

The Number of outstanding shares × stock dividend percentage = Issued shares

The journal entries are shown below:

On April 1, 2021

Retained earnings A/c Dr $9,000,000

      To Common stock dividends distributable $300,000

      To Paid-in capital—Excess of par $8,700,000

(Being the declaration of dividend is recorded and the remaining balance is credited to the Paid-in capital—Excess of par)

On June 1, 2021

Common stock dividends distributable A/c Dr $300,000

       To Common stock $300,000

(Being distribution of the stock dividend is recorded)

5 0
4 years ago
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