1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tasya [4]
2 years ago
11

When Pat was talking with his customer about the new accounting system, his customer mentioned that she thought the new system w

as not going to fit into their budget. Pat explained that once her people were trained on it, it would require less time to process orders, and therefore save her money in payroll. Which part of the sales presentation is demonstrated in this example
Business
1 answer:
amid [387]2 years ago
8 0

Answer:

overcoming reservations

Explanation:

From the question we are informed about Pat who was talking with his customer about the new accounting system, his customer mentioned that she thought the new system was not going to fit into their budget. Pat explained that once her people were trained on it, it would require less time to process orders, and therefore save her money in payroll. The part of the sales presentation demonstrated in this case is an example of overcoming reservations.

Sales presentation can be regarded as sales pitch and it's a selling technique which can be explained as line of talk which is an attempts of persuading someone or something, using a planned sales presentation strategy of particular product/service which is been designed to initiate as well as close a sale of that particular product or service, example of this is overcoming reservations which is a method of persuading customers.

You might be interested in
The formal target-setting, monitoring, evaluation, and feedback systems that provide managers with information about whether the
Pie

Answer: Control Systems

Explanation:

Control systems in business are procedures designed to evaluate, monitor, regulate, supervise and ascertain whether organisational strategies, plans and structures are working efficiently and effectively. It also ensure assets and resources are checked and well documented to avoid things going missing.

7 0
3 years ago
The exponential smoothing forecasting technique slowly responds to changes in the mean level of demand when A. a small alpha val
VLD [36.1K]

Answer:

a small alpha value is used.

Explanation:

The exponential smoothing forecasting technique is used for forecasting a time series when there is no trend or seasonal pattern, but the mean of the time series is slowly changing over time.

The choice of the smoothing constant α (alpha) is important in determining the operating characteristics of exponential smoothing. The smaller the value of α (alpha), the slower the response. Therefore when a small alpha value is used the exponential smoothing forecasting technique slowly responds to changes in the mean level of demand.

When the values of α (alpha) are larger this makes the smoothed value to react quickly – not only to real changes but also random fluctuations.

5 0
3 years ago
A machine was purchased at a cost of $78,000. The equipment had an estimated useful life of five years and a residual value of $
KiRa [710]

Answer:

Loss on Sale of Equipment = $10,000.

Explanation:

The gain or loss on sale of Property, plant, and Equipment is calculated by comparing Carrying Value (Cost - Accumulated Depreciation) and Sale Proceeds. The carrying value of a machine at the end of 4th year is:

CV = 78,000 - { [ (78,000 - 3,000) / 5 ] * 4} = 78,000 - 60,000 = $18,000.

<u>Calculating Gain/Loss:</u>

Gain / (Loss) = Carrying value - Sales Proceeds = 18,000 - 8,000 = ($10,000).

Because the company has sold a machine worth of $18,000 for $8,000, so it has incurred a loss of $10,000 on the transaction. This loss is recognized in the Statement of Profit or Loss.

6 0
3 years ago
Suppose the current price of a good is $130. At this price, the quantity supplied is 125 units, and the quantity demanded is 165
Natali5045456 [20]

Answer:

Equilibrium quantity: 145

Equilibrium price: $140

Explanation:

In order to find the answer, first we determine the current difference between quantity supplied and quantity demanded.

Quantity supplied - quantity demanded = difference

125 - 165 = -40

So we have a shortage of -40 units.

We have the information that a $1 increase in price increases supply by 2, and decreases demand by 2. Thus, in order to close the shortage, we need a $10 price increase, because this will raise supply by 20 units, and lower demand by 20 units as well, bringing the 40 gap to 0.

For this reason, the equilibrium quantity is 145 units, and the equilibrium price is $140.

5 0
2 years ago
You have been managing a $5 million portfolio that has a beta of 1.25 and a required rate of return of 12%. The current risk-fre
olga nikolaevna [1]

Answer:

1.

Required rate = risk free rate + beta (market rate – risk free rate)

.12 = 0.0525 + 1.25(X – 0.0525)

1.25X – 0.065625 = .12 – 0.0525

1.25X = 0.0675 + 0.065625

X = .1333125/1.25

 = 0.1065

Marker risk premium = market rate – risk free rate

  = .1065 – 0.0525

   = 0.054 (A)

2.

Beta of portfolio = (5000000/5500000)* 1.25 + (500000/5500000)* 1

= 0.90909* 1.25 + 0.090909* 1

= 1.136 + 0.090909

= 1.2273

3.

Required rate = risk free rate + beta (market rate – risk free rate)

= 0.0525 + 1.2273* 0.054

= 0.0525 + 0.06627

= .11877 or 11.88%

7 0
3 years ago
Other questions:
  • Mr. Yamane plans each mathematics unit beginning with a set of outcomes specifying what he wants the students to achieve, based
    6·1 answer
  • Which concurrent testing method helps calculate the visibility of an outdoor advertisement?
    12·2 answers
  • On October 1, 2021, Stripes Inc. lends $100,000 to another company and accepts a 24-month, 6% note. What is the amount of intere
    5·1 answer
  • ​Peeler's Smoothie Company has provided the following​ information: Sales price per unit $ 6.50 Variable cost per unit $ 2.00 Fi
    9·1 answer
  • Suppose that each day, northern, central and southern California each use 100 billion gallons of water. Also assume that norther
    5·1 answer
  • An organic farmer has identified three distinct groups that might be interested in his products: vegetarians, health-conscious i
    8·1 answer
  • These were formed to help reduce business travel costs.
    5·1 answer
  • A​ country's travel exports​ (good and services that international travelers buy while visiting the​ country) are increasing exp
    10·1 answer
  • What is a parent company of philip morris?
    13·1 answer
  • A good is nonrivalrous in consumption ifa. its consumption by one person does not reduce its consumption by othersb. its consump
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!