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Anastaziya [24]
2 years ago
7

sending e-mails reminding prospects that AdVance can mix custom fertilizer formulations determining what information is still ne

eded to complete the customer's file tracking the salesperson's activities and sales on a weekly and monthly basis sending regular e-mails to customers to check on the performance of a previously purchased AdVance fertilizer remembering customers' birthdays to send them cards to maintain a personal connection and request referrals
Business
1 answer:
Ivenika [448]2 years ago
8 0

Full question :

AdVance Corporation is a company that formulates and manufactures fertilizersfor the farming industry. The company produces several standardized formulas that canbe purchased directly through the retail arms of the company, but it also formulatescustom fertilizers for farms.Which of the following is the best use of a CRM system for an AdVance salesperson interms of relationship strategy?

sending regular e-mails to customers to check on the performance of a previously purchased AdVance fertilizer

determining what information is still needed to complete the customer's file

tracking the salesperson's activities and sales on a weekly and monthly basis

sending e-mails reminding prospects that AdVance can mix custom fertilizer formulations

remembering customers' birthdays to send them cards to maintain a personal connection and request referrals

Answer:

sending regular e-mails to customers to check on the performance of a previously purchased AdVance fertilizer

Explanation:

The most effective use of the CRM(customer relationship management system) from the options listed is the follow up on customers to know how they perceive Advance fertilizer's product after having purchased and used it. This has a long list of benefits for Advance fertilizer as they can get customer feedback from customers through this, build relationship with them as well as gather more data to improve on their products in the future

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A company is currently selling 10,000 units of product monthly for $40 per unit. The unit contribution margin is $27. The compan
Ludmilka [50]

Answer:

The company should accept the idea because profit will increase by $24,000.

Explanation:

A company is currently selling 10,000 units of product monthly for $40 per unit.

The unit contribution margin is $27.

The company believes that spending $50,000 per month on advertising will allow them to increase the selling price to $45 and that sales will increase by 750 units per month.

The unit contribution margin is the difference between selling price and variable cost per unit.

An increase in the selling price of $5 will cause the contribution margin to increase by $5, from $27 to $32.

Profits is the product of contribution margin and number of output.

At initial price, the profit was

= 10,000\ \times\ \$ 27

= $270,000

At the new price the profit will be

= 10,750\ \times\ \$ 32  - $50,000

= $344,000 - $50,000

= $294,000

The increase in profit

= $294,000 - $270,000

= $24,000

3 0
2 years ago
VOTE TOM NOOK FOR PRESIDENT FOR 2024
algol13

:0

yas I will vote him!

lol

wait..no! He will just take our money. My answer is a maybe.

5 0
2 years ago
Read 2 more answers
The third-party problem: a. occurs when a market activity leads to a negative externality.b. occurs when a market activity leads
Iteru [2.4K]

Answer:

The correct answer is letter "C": occurs when a market activity leads to a negative or a positive externality.

Explanation:

An Economic Externality is a cost or benefit paid or earned by a third party that does not have control over the factors that produced the cost or benefit. The third-party problem arises when whether negative or positive externalities affect individuals who are not involved in market activities.

4 0
3 years ago
Consider the relative liquidity of the following assets:
motikmotik

Answer:

Liquidity of an asset refers to how easily convertible the asset is to cash or so called liquid money.

Most Liquid - A $5 bill

This is already cash so it is the most liquid there is.

Second-Most Liquid  - The funds in a money market account

Funds in a money market account are the second most liquid because most often they can simply be withdrawn from the fund. There might be limits on the number of withdrawals allowed though within a period.

Third-Most Liquid  -  A share in a publicly traded company

A share in a publicly trade company ranks here because to realize the cash, one would need to sell the share first.

Least Liquid - Your house

Your house will be the most difficult of these to liquidate as it will involve a much longer process to eventually get it sold and realize cash. The process will include but will not be limited to, advertising, hiring realtors, inspection etc.

7 0
3 years ago
In the Overview tab of the Client List, what filter can be applied to only show clients assigned to a specific team member?
Allisa [31]

The filter that can be applied to only show clients assigned to a specific team member is the Client list lead filter. This is further explained below.

<h3>What is a Client List?</h3>

Generally, a client list can be defined as a list of selected, prequalified, and potential clients' names, addresses, and contact information.

In conclusion, the Client list lead filter can limit your client list to only those assigned to you or a member of your team.

Read more about Filter

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2 years ago
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