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yarga [219]
4 years ago
11

You are the Vice President of Sales and Marketing for a major consumer products company, and you just received the quarterly glo

bal sales report for the second quarter. The first thing you notice in the report is the dramatic decline in sales in the Latin American territory. This drop in sales has come as a total surprise to you and your management team. None of your team members have any concrete insights into why the sales performance was so dismal.
Which one of the following types of research should your team conduct in order to fully understand what is happening in the Latin American territory and what corrective action is needed to revive sales performance?

a. Conclusive research
b. Exploratory research
c. Descriptive research
d. Experimental research
e. Database research
Business
1 answer:
Shtirlitz [24]4 years ago
3 0

Answer:

b. Exploratory research  

Explanation:

As the sales has been declined in Latin American territory with no knowledge to the team about sudden decline in sales performance therefore, Exploratory research can be helpful as to collect the information through the various means such as focus groups, customer advisory boards etc to know the exact reason for the decline so that the corrective action plan can be formulated

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77julia77 [94]

Answer: I will notify the auto manufacturer.

Explanation:

I will notify the auto manufacturer if I find myself in such situation. The impact of a good communication in organization should not be underestimated. The ideal thing to do is to make the auto manufacturer aware of the present situation. Communication effectively ensures that the auto manufacturer receive information regarding the transaxle and helps in building a positive relationship.

Not informing the auto manufacturer about the situation with the transaxle will lead to lack of trust and enhance a negative relationship when he eventually founds out about it. One's reputation is also affected if one doesn't inform him and the trans axle eventually breaks down as envisioned.

It is essential that I give him timely updates and adequate information regarding the project.

6 0
3 years ago
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Create a memo. The memo should include all parts of a memo and these parts should appear in the correct order. In your memo, giv
Hitman42 [59]

To: Stacy Shoe, Allen Sock, Emma Johnson

From: Alina Kincsem (write your name here)

Subject: How to open a word processing document

Date: October 12, 2018

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1. Press your PC's power button and wait until the desktop screen appears.

2. Click on the start screen at the bottom left corner.

3. Go to the search bar and type 'MS Word' and click on its icon when it appears in the search.

4. Now a blank word processing document would open in front of you. You may create any document in it that you wish to.

Good luck with your task.


7 0
3 years ago
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Assume you are the internal controls expert for your company. Your boss has read about Madoff’s Ponzi scheme described in a page
kiruha [24]

Answer:

There are numerous estimates an organization can embrace to elevate the guidelines of inside controls, anyway not many of those are counted as under -  

1. Due Diligence - nearly everybody would propose it yet the usage contrasts from organization to organization. The term incorporates wide exercises for example from improving nature of inner review to upkeeping of money related records and so on. Keeping a mind existing and old venture example would positively help in examining the reaction of speculations according to winning economic situation. Disservices of the procedure incorporate involvement of extra labor and cost.  

2. Picking right Investment firms as well as Fund Manager - In the intricate business showcase which wins today, seeing the correct person appears as a troublesome activity. It is significant that we cautiously study not just the speculation designs and ensuing returns of the Investment firms/Fund Manager yet in addition foundation, capabilities and past legitimate records to show up at appropriate person for reasonable occupation. At times we pick a distrustful yet a fair person, which may prompt penance in momentary gains yet particularly in retirement assets with long haul objectives, security of assets accept need.  

3. Choosing the money related items - Today there are various budgetary items accessible in the market, a significant number of them offer extravagant returns however the objectives of such monetary items must be re-adjusted to the objectives of the organization and its representatives. For the organization a nice return over since a long time ago run with high level of security is the target with regards to retirement reserves. The budgetary item should have a suitable blend of obligation, value and fluid assets and especially the part of obligation must increment with the age of a worker which will guarantee security of assets when he achieves superannuation. Drawback significantly remembers loss of profits because of less speculation for value during the last phases of vocation.

3 0
4 years ago
1. A coupon bond pays the owner of the bond A) the same amount every month until the maturity date. B) a fixed interest payment
a_sh-v [17]

Answer:

Option "B" is the correct answer to the following statement.

Explanation:

A coupon bond contract, also abbreviated to as a holder stock, is a debt with a stamp that also has tiny attachable vouchers. The vouchers grant the buyer the opportunity to make interest charges from the lender.

In a coupon bond, an investor gets the face value of the bond on maturity with a fixed interest payment.

4 0
4 years ago
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Amanda [17]

Answer:

Every business has a moral duty to be a good corporate citizen.

Explanation:

Businesses are formed to make profit, and this is the primary goal of businesses. So when making a business case for a company to act in a socially responsible manner, the benefit to the business as profits is the primary consideration.

If it is argued that every business has a moral duty to be a good corporate citizen, it does not translate to profits or benefit for the company.

So this is a weak argument when a business case is being created for why businesses should act in a socially responsible manner.

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