A budget is a plan you make to decide how you spend your money.
To make a budget you must decide how much of your money you want to spend and how much of it you want to set aside. To balance a budget, keep track of all your expenses, payments, and income.
Answer:
<u>Pre-approach </u>
Explanation:
In case of personal selling, the seller and prospective buyer come face to face, wherein the former tries to highlight and convey product attributes to the prospect with an objective of effecting a sale.
Under 7 step personal selling approach, pre approach refers to conducting customer research and planning goals for the presentation, which is to be be given to the prospect.
Under this approach, the salesperson fixes up a face to face meeting with the prospect in order to ascertain prospect's needs and wants. Post ascertainment of such needs, the salesperson carries out a presentation, informing the prospect about product attributes which would meet such needs.
In the given case, Melissa is preparing for her first client meeting, trying hard to learn about prospect and his organization i.e customer research. Thus, this is the pre-approach step of the personal selling process.
Answer:
True (T)
Explanation:
In the given statement, it can be inferred that the membership of segments have a common goals. This means that the constituents of the segments would definitely give either positive or negative comments in reference to the marketing mixes and the outcomes that are created by the marketing mixes. Therefore, the given statement is true.
Answer:
= $19.57
Explanation:
Price of the stock (P0) = Div1 / (r-g)
Div1 = next year's dividend = $2.25
r = required return = 12.25% or 0.1225 as a decimal
g = growth rate = 0.75% or 0.0075 as a decimal
Next, plug in the numbers to the formula;
Price (P0) = 2.25/ (0.1225 -0.0075)
Price (P0) = 2.25 / 0.115
= $19.57
A repeated pattern of spikes or drops in demand associated with certain times of the year in a time series is called "Seasonality"
<h3>What is Seasonality?</h3>
Seasonality is a property of a time - series data that occurs when the data goes through predictable and recurring changes on a yearly basis. Seasonal refers to any predictable variation or pattern that repeats or repeats over the course of a year.
Some characteristics of seasonality are-
- Seasonality is the term used to describe predictable changes that take place over the course of a year in an economy or business based on the seasons, such as the calendar and commercial seasons.
- Stocks & economic trends can be analyzed using seasonality.
- Businesses can use seasonally to inform choices about inventory levels and employee scheduling, for example.
- Retail sales, which normally see increased spending during the 4th quarter of calendar year, are one instance of a seasonal measure.
To know more about seasonal index, here
brainly.com/question/16850606
#SPJ4
