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Basile [38]
3 years ago
5

1. If you are the seller, how will you improve your product to make it saleable? 2. If you are a buyer, what are the things do y

ou need to consider in buying a product? Why?
Business
1 answer:
Nikitich [7]3 years ago
8 0

Answer: 1) The product should be what meets the customer's need; No one wants to buy a product and dump it in their homes, so it must meet their exact needs. 2) Customer service: asides selling great product, a great customer service would bring the client, sustain them and through them get referrals

3) Having a great sales plan or campaign which would register the products in the hearts of the client.

Explanation:

Selling is a skill on its own to be learnt, and there some things to consider to have good sales, here are the following;

1) The product should be what meets the customer's need; No one wants to buy a product and dump it in their homes, so it must meet their exact needs. 2) Customer service: asides selling great product, a great customer service would bring the client, sustain them and through them get referrals

3) Having a great sales plan or campaign which would register the products in the hearts of the client.

Things I'll consider while buying a product;

1) How good it is: products are meant to be enjoyed and not endured.

2) Customer service: having someone who understands the product very well would always make the client time keep returning

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For the year ending December 31, 2020, Splish Brothers Inc. reports net income $133,000 and cash dividends $90,000. Determine th
bixtya [17]

Answer:

Therefore retained earnings at December 31 is $273,000

Explanation:

Items that increase retail earnings include:

Beginning balance

Net income

Cash dividends

Beginning balance as at January 1,2020 = $ 230,000

Net income = $ 133,000

Cash dividends = ($90,000)

Therefore, retained earnings = Beginning balance + Net income -Cash dividends

= $230,000 + $133,000 - $90,000

= $ 273,000

3 0
3 years ago
How did conglomerates and franchises evolve in the postwar economy?
RideAnS [48]
How these conglomerates and franchises evolved in the postwar economy is that they relied more on incomes so that they could defend themselves from economic downturns. In addition, franchises had only expanded to other regions or areas of the country. Hope this helps.
8 0
3 years ago
Assume an increase in investment spending by $100, and a marginal propensity to consume (MPC) of 0.6. How much would GDP increas
maw [93]

Answer:

The increase in GDP is $250

Explanation:

The increase in investment spending = $100

Marginal propensity to consume = 0.6

Now we have to find an increase in the GDP after absorbing the $100.

Therefore, we need to find the multiplier by using the marginal propensity to consume.

Multiplier = 1 / (1-MPC)

Multiplier = 1/( 1- 0.6)

Multiplier = 2.5

The increase in GDP = increase in investment spending × Multiplier

The increase in GDP = 100 × 2.5 = $250

7 0
3 years ago
The straw men theory that states that businesses should behave in a socially responsible manner, according to ethical custom and
Whitepunk [10]

Answer:

Friedman Doctrine

Explanation:

Straw men theory is based on Friedman doctrine which states that the main responsibility of an organisation is to take steps for the betterment of their shareholders. They must follow all the ethical guidelines to achieve the objective. They must perform the duties according to ethical norms, without fraud and deception. So a business must follow all the corporate social responsibilities.

7 0
4 years ago
The Sisyphean Company has a bond outstanding with a face value of​ $1000 that reaches maturity in 15 years. The bond certificate
steposvetlana [31]

Answer:

The Price of this bond is $1,044.57

Explanation:

Price of the bond is the present value of all cash flows of the bond. These cash flows include the coupon payment and the maturity payment of the bond. Both of these cash flows discounted and added to calculate the value of the bond.

According to given data

Face value of the bond is $1,000

Coupon payment = C = $1,000 x 8% = $80 annually = $40 semiannually

Number of periods = n = 15 years x 2 = 30 period

Market Rate = 7.5% annually = 3.75% semiannually

Price of the bond is calculated by following formula:

Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

Price of the Bond = 40 x [ ( 1 - ( 1 + 3.75% )^-30 ) / 3.75% ] + [ $1,000 / ( 1 + 3.75% )^30 ]

Price of the Bond = $713.17 + $331.40 = $1,044.57

6 0
3 years ago
Read 2 more answers
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