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Eva8 [605]
3 years ago
12

Why is personal selling emphasized in business markets and advertising emphasized in consumer markets?

Business
1 answer:
Ilya [14]3 years ago
6 0

Answer:

With personal selling, the salespeople go out into the market and explain the benefits of a product in person. This is what businesses prefer because they have to make large scale purchase decisions and so would like to develop a personal relationship with the supplier that will enable them to have all the information they need.

There is also a need for customization in the business market because business might want the goods supplied to be adjusted in a certain way to enable them process and sell it.

This is different from the consumer market where purchases are not as large scale and there is little need to customize goods. Advertising to the general public is therefore better because the goods would be standard and there would be no need for personal relationships as in the business market.

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Which costs can be directly traced to the product being manufactured? Group of answer choices Direct Costs Period Costs Sunk Cos
Vlad1618 [11]

Answer:

The correct answer is: direct costs.

Explanation:

The direct costs are the costs that can be easily traced to the goods or services or projects. It includes material and labor cost and distribution cost incurred in the production of a product.

It is contrasted to indirect costs which cannot be traced to a product and is not directly linked to a product.

The sunk costs are cost which has already been incurred are no longer relevant for economic decisions.  

Fixed costs are the costs that do not vary with the change in the volume of product.

So, the direct cost is the correct answer.

5 0
4 years ago
Based on the information just given, what will be Robert’s forecast of PAMC’s growth rate? 7.75% 0.02% 4.50% 3.00%
sergiy2304 [10]

Answer:

the growth rate is 3%

Explanation:

The computation of the PAMC growth rate is shown below:

Price of the stock = Current year dividend ÷ (required rate of return - growth rate)

$16.25 = $0.78 ÷ (0.078 - growth rate)

0.078 - growth rate = 0.048

So, the growth rate is 3%

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

7 0
3 years ago
At the beginning of a recession in 2018, unemployment begins rising. Unemployment increases from 4.6% to 7.9% in 4 months. What
Sergeeva-Olga [200]

Answer:

Should be done: a counter cyclical or a growth-oriented  fiscal policy ,deficit spending and stabilize the aggregate demand.

Explanation:

Keynesian economy is a macroeconomic theory based on the views of the 20th century British economist John Maynard Keynes. Keynes' economy advocates a mixed economy where the private sector is predominant but the state and the public sector play a major role. According to the Keynesian theory, the sum of all the micro-economic behaviors shown by all individuals and businesses results in inefficiency and the economy operates at a level below its potential output and growth. When total demand for products is insufficient, the economy enters a crisis and unnecessary unemployment arises due to defensive behavior of the producers. In such cases, the government may pursue policies to increase aggregate demand, and as a result may accelerate economic activities and reduce unemployment. Most Keynesian propose policies to stabilize the business cycle. For example, if the unemployment level is too high, the state can pursue a growth-oriented monetary policy.

Keynes was thinking of reviving the economy with low interest and state investments as a solution to the Great Depression. The government increases investment income and consequently consumption, resulting in more production and investment, resulting in increased consumption again. The first economic stimulus investment triggers a series of events and the subsequent investment provides a much tougher economic efficiency. According to Keynes, money supply is provided by monetary authority (eg central bank) and monetary policy affects prices. When interest rates fall below this normal rate, investors avoid buying bonds and prefer to hold cash in anticipation of higher rates. When interest rates are above this normal rate, they tend to buy bonds with the expectation that they will fall. Therefore, it can be said that there is a negative relationship between money demand and interest rate.

8 0
4 years ago
You are the president of a toy manufacturing company that has recently discovered its bendable action figures break too easily.
Alika [10]

Answer:

Proofread for punctuation errors (it's a must!!), Jot down reasons that explain the bad news (I think), Organize your ideas (I think)

Explanation:

I think: Jotting down the reasoning helps/support the information (specifically) the bad news. Organizing your ideas helps to keep everything you write on track and ideas you want to mention always start from check-point A to check-point B and so forth.... (It's my thoughts of an answer)

8 0
4 years ago
Suppose you are the money manager of a $5.38 million investment fund. The fund consists of four stocks with the following invest
FrozenT [24]

Answer:

I wanna say its C 1,540,000

4 0
3 years ago
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