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vitfil [10]
4 years ago
9

One study found that the best salespersons have four traits in​ common: intrinsic​ motivation, a disciplined work​ style, the ab

ility to close a​ sale, and the ability to build relationships with customers. Knowing this would be most useful at which stage of sales force​ management?
Business
2 answers:
Kryger [21]4 years ago
5 0

Answer:

Looking at it from the information in the Question, I would say it is most useful during the "Selection Stage".

Explanation:

I say its important during the selection stage, where the company select and subsequently hire suitable people for the job.

But remember this, Identifying intrinsic motivation, Work style, identifying ability to close sales and how they build customer relationships is extremely difficult.

Some of these traits are only visible when the selected employees begin to work! Although if the employees have had experience in the past, you can easily identify them. Just gotta look at their track record.

salantis [7]4 years ago
3 0

Answer:

Recruiting and selecting of salespeople.

Explanation:

Based on the information provided within the question it can be said that this information would be most useful during the Recruiting and selecting of salespeople. This is because at this stage knowing this information would allow a company to choose the absolute best salespeople, thus dramatically increasing the revenue of the company, since these individuals will close far more deals than someone without these traits.

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Ms. Colonial has just taken out a $150,000 mortgage at an interest rate of 6 percent per year. If the mortgage calls for equal m
goblinko [34]

Answer:

1. The monthly payment is:

= $1,074.65

2. To solve this without a financial calculator, you will calculate the future value of the $150,000 at a discount rate of 0.5% (6%/12) for 240 months.  Then the calculated Future Value is divided by 240 to obtain the monthly payment.

Explanation:

a) Data and Calculations:

Mortgage = $150,000

Interest rate = 6% per year

Monthly payments = 240 (20 * 12)

Period of mortgage = 20 years

N (# of periods)  240

I/Y (Interest per year)  6

PV (Present Value)  150000

FV (Future Value)  0

Results

PMT = $1,074.65

Sum of all periodic payments = $257,915.18

Total Interest = $107,915.18

Without a financial calculator (using future value table):

Future value factor of 0.5% for 240 = 1.7194345

Future value of $150,000 = $257,915.18 ($150,000 * 1.7194345)

Monthly payment = $1,074.65 ($257,915/18/240)

7 0
3 years ago
Ethanol, a biofuel derived from corn, is used in the production of both gasoline and pharmaceutical-grade hand sanitizer. During
Ronch [10]

Future decisions about whether to produce ethanol for gasoline or for hand sanitizer would not be informed by the sunk costs they incurred to retrofit their plant.

<h3>What are sunk costs?</h3>

Sunk cost is a cost that has already been incurred and cannot be recovered. Sunk cost should not be considered when making future economic decisions.

To learn more about sunk cost, please check: brainly.com/question/26502221

#SPJ1

5 0
2 years ago
CarsonWentz Company uses a job-order costing system. The company applies manufacturing overhead to jobs using a predetermined ov
Mekhanik [1.2K]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Estimated manufacturing overhead= $88,000

Estimated direct labor-hours= 16,000

Job 315:

Materials costs on the job totaled $1,590 and labor costs totaled $2,340 at $6.50 per hour.

At the end of the year, it was determined that the company worked 15,300 direct labor-hours for the year, and incurred $86,750 in actual manufacturing overhead costs.

<u>With the information provided, we can calculate the total cost of Job 315 and the amount of under/over allocated overhead.</u>

First, we need to determine the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 88,000/16,000= $5.5 per direct labor hour

<u>Job 315:</u>

Direct labor hours= 2,340/6.5= 360 hours

Total cost= 1,590 + 2,340 + 5.5*360= $5,910

Now, to calculate the over/under allocation, first, we need to allocate overhead for the whole company.

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 5.5*15,300= $84,150

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 86,750 - 84,150= $2,600 underallocated

6 0
4 years ago
Indiana Co. began a construction project in 2018 with a contract price of $161 million to be received when the project is comple
Montano1993 [528]

Answer:

b. Recognized $12.37 million gross profit on the project in 2018.

Explanation:

IFRS-15 that deals with Revenue from Construction Contracts requires companies to follow a 4-step approach to record entries for contract when the performance obligation is satisfied over a period of time. These steps are:

1) Calculate the overall profit

Contract Price - Total Costs ( Incurred + Estimated)

⇒ 161 - 122 (40 + 82) = $39 million.

2) Determine the progress of the contract

(Cost to date / Total cost) * 100

⇒ (40 / 122) * 100 = 32.79%

3) Statement of Profit or Loss (If Profitable)

Revenue (Total Price * Progress) ; (161 * .3279)                            $52.79

Cost of Sale (Total costs * Progress) ; (122 * .3279)                      (40)

Gross Profit                                                                                    $12.79

The difference arises of $.42 million is because of rounding, ignore it. We choose the closest option in MCQs, always remember this.

Note: Step 4 is related to Balance Sheet which is not the requirement of this question, so skipped.

Thanks!

4 0
3 years ago
The following are budgeted data: January February March Sales in units 16,900 23,800 19,900 Production in units 19,900 20,900 20
horrorfan [7]

Answer:

Purchases= 20,675 pounds

Explanation:

Giving the following information:

Production:

Feb= 20,900

Mar= 20,000

One pound of material is required for each finished unit.

Desired ending inventory= 25% of the following month's production needs.

<u>To calculate the purchase required for February, we need to use the following formula:</u>

Purchases= production + desired ending inventory - beginning inventory

Purchases= 20,900 + (20,000*0.25) - (20,900*0.25)

Purchases= 20,675

7 0
3 years ago
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