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Ket [755]
3 years ago
8

Jerome is training to be a vacuum cleaner sales person. initially, he got paid for each customer he called on, even if the custo

mer did not ask for a demonstration. currently, he only gets paid for actually demonstrating the product. eventually, he will only get paid for actually closing a sale. in this example, jerome's sales skills are being developed through the use of
Business
1 answer:
soldi70 [24.7K]3 years ago
8 0

The use of behavior shaping. The goal is to force Jerome to become better and better at his sales tactics over time by motivating him to do more demonstrations and close more sales in order to keep getting paid.

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This principle suggests that a certain amount of money today has different buying power than the same amount of money in the fut
Taya2010 [7]

Answer:

Time value of money

Explanation:

This principle states that money is more valuable at the moment or present than same amount of money in the future due its potential for increase in profit. A person or an investor that wants to make a return or gain will prefer to have the money now than have the same amount of money in the future. This is due to the potential of the money to increase in terms of earning capacity.

7 0
3 years ago
As a noncommissioned employee in a company, your pay rate is most likely based on
Citrus2011 [14]
If you are an employee who is not working on a commission basis, then most likely, you are working as a salary based employee. Your salary would usually be based on your going rate or your market value to the employers. Based on your caliber, the employers will decide what your salary would be. For example, if you are a fresh grad, you will start with an entry level salary while if you are a manager, you will obviously be receiving a higher salary. 
7 0
3 years ago
Read 2 more answers
Assume that we have the following data:
tankabanditka [31]

Answer:

Answer explained below

Explanation:

(1)

IS Model:

Y = C + I + G + X - M

Y = 100 + 0.5Y + 100 - 20r [G = X = M = 0]

(1 - 0.5)Y = 200 - 20r

0.5Y = 200 - 20r

Y = 400 - 40r ......(1) [IS Equation]

LM Model:

Money demand (Speculative + Transactions demand) = Money supply

100 - 10r + 0.1Y = 80

0.1Y = 10r - 20

Y = 100r - 200 .....(2) [LM Equation]

(2) When IS & LM intersect, from part (1):

400 - 40r = 100r - 200

140r = 600

r = 4.29

Y = 100r - 200 = (100 x 4.29) - 200 = 429 - 200 = 229

(3)

There will be four regions as explained below:

In region I, there is excess supply in both goods and money market, which puts downward pressure on both interest rate and output.

In region II, there is excess demand in goods market, but excess supply in money market, which puts upward pressure on output & downward pressure on interest rate.

In region III, there is excess demand in both goods and money market, which puts upward pressure on both interest rate and output.

In region IV, there is excess supply in goods market, but excess demand in money market, which puts downward pressure on output & upward pressure on interest rate.

7 0
3 years ago
Explain the importance of knowing dependent and independent demand models to companies.
ArbitrLikvidat [17]

The importance of knowing dependent and independent demand models to companies is that it is a way for one to be able:

  • To understand inventory.
  • Be able to depict the number of units of a specific product that the consumers are said to be willing to by at each price.

<h3>What is independent demand and dependent demand?</h3>

Independent demand is known to be the demand for a given finished product. It can be a machine, a car. etc.

The dependent demand is known to be the demand for a component area of a finished good, such as the wheels on a car.

Note that the Dependent demand is one that is obtained from the demand for a finished product.

Therefore, The importance of knowing dependent and independent demand models to companies is that it is a way for one to be able:

  • To understand inventory.
  • Be able to depict the number of units of a specific product that the consumers are said to be willing to by at each price.

Learn more about demand models from

brainly.com/question/23879110

#SPJ1

8 0
1 year ago
Imperial Jewelers manufactures and sells a gold bracelet for $403.00. The company’s accounting system says that the unit product
AysviL [449]

Answer:

a) Financial advantage   <u> $2,208 </u>

b) The company should accept the special order, as it will increase its profit by $2,208

Explanation:

<em>The relevant costs for decision to accept the special order are  </em>

<em>I Incremental Revenue from the special order  </em>

<em>2. incremental variable cost </em>

<em>3. The cost of the special tool</em>

Unit variable cost = 143 + 90 + 8 + 7 = $240

<em>Note that that the increase in material cost of $8 and the variable manufacturing overhead of $7 are relevant to the special order decision. Hence they are added.</em>

<em>And the balance of manufacturing overhead would be incurred either way. Therefore , they are not relevant for the decision</em>

                                                                                                       $

Sales revenue from special order

(22× $361.00)                                                                               7942

Variable cost of special order

(22× $240 )                                                                                    (5280 )

Cost of special tool                                                                      <u> (454)</u>

Financial advantage                                                                    <u> 2,208 </u>

The company should accept the special order, as it will increase its profit by $2,208

3 0
3 years ago
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