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3 years ago

What technique is frequently used to increase attendance when holding an agent's open house?

1 answer:

6 0

Drawing for incentives is the technique that is frequently used to increase attendance when holding an agent's open house.

For years, incentivizing has proven to encourage both existing and potential consumers to spend on products. It would be a great idea, therefore, for agents to draw for incentive when looking to increase attendance for their open house events.

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What factors affect the time value of money and the cost of borrowing money?

sergejj [24]

1.Interest rates
The interest rate level is moved higher or lower by a country's central bank to either stimulate or slow down an economy. Higher interest rates impose a more costly fee to borrow money while lower interest rates lessen the fee and usually spur more borrowing

2.Economic growth
The strength of an economy can go a long way to boosting the strength of the nation's currency. A strong growth rate in a country will see a growing demand for products and services with better job prospects for workers as well as being an attractive destination for capital and investments.

3.Inflation
When a product rises in price, it signals that there is an underlying demand for that product. Higher prices may not seem good to a consumer, but it is generally considered healthy for a country to have a moderate increase in inflation in a growing economy.

5 0

3 years ago

Eli is buying a townhouse that costs $276,650. He has $28,000 in savings and earns $4,475 a month. Eli would like to spend no mo

Oduvanchick [21]

Answer:

30 year fixed, 10% down at a fixed rate of 5%

Explanation:

given data

buying a townhouse = $276,650

savings = $28,000

earns a month = $4,475

solution

when here 10% down fix rate than cover for the down payment is

cover for the down payment = 10% of $276,650

cover for the down payment = $27,665

and here monthly income is $4,475

so mortgage will be = 30% of $4475

mortgage = $1,342.50

so by balance of mortgage is = $276,650 - $27,665

balance of mortgage = $248,985

so Total monthly repayment is

Total monthly repayment = $248,985 × $\frac{0.05}{12}$ + $\frac{248,985}{(30\times 12)}$

Total monthly repayment = $1037.45 + $691.63

Total monthly repayment = $1729.08

so 30 year fixed, 10% down at a fixed rate of 5%

5 0

3 years ago

Read 2 more answers

The term "benchmarking" as it relates to the hotel industry refers to a line-by-line analysis of an operating statement, compari

valentinak56 [21]

Answer:

The term "benchmarking" as it relates to the hotel industry refers to comparing metrics for hotels of similar size or profile.

Explanation:

a) Benchmarking is a process wherein a company's products, services, business processes, or performance metrics are compared with a “best in class” competitor. The purpose of benchmarking is to enable organizations to make improvements by adapting specific best practices. A retail shop's metrics can be compared with the leading retail shop in your area. Given the deep insight gathered from benchmarking, this retail shop can decide to alter its line of products, the way it competes in the marketplace, or to undertake some improvements in her business processes.

There are four types of benchmarking, including internal, competitor, functional, and generic. Internal benchmarking is limited to internal processes. Competitor benchmarking compares one company's processes, products, or services to another. Functional benchmarking compares one function of an entity to another entity's. While generic benchmarking compares unrelated companies' processes or functions.

7 0

4 years ago

Describe at least three things a bank would consider about you when deciding whether to give you a loan.

vichka [17]

Three things that they would consider are:
1. Your credit history.
2. Your ability to repay the loan.
3. Your cash flow history.

6 0

4 years ago

Read 2 more answers

A ________ identifies the target market, the merchandise and services (retail format) that will be offered, and how the company

kkurt [141]

A retail strategy identifies the target market, the merchandise and services (retail format) that will be offered, and how the company will achieve a long-term advantage over its competitors.

A retail strategy is a technique you operate to increase your products or services and promote them to customers. There are a couple of elements to this plan, consisting of the region, shop, products/assortment, visual merchandising, a team of workers, carrier, mass media and communications, and fee.

Normally while we go to a retail store, just earlier than the billing counter, we see merchandise like gums, sweets, and different products with smaller SKUs that may simply be picked whilst the consumer is ready on the billing counter.

The retail strategy is a part of a strategic advertising and marketing plan that attracts or reaches consumers at once. It consists of product pricing/reductions, fee structure, promotional schemes, product overall performance demonstration, and fee structure for shops.

Learn more about retail strategy here brainly.com/question/15850455

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5 0

1 year ago