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harina [27]
3 years ago
14

IGM Technologies sells a new calibrated filtering system used to virtually eliminate all types of hazardous gas emissions in che

mical plants. The filtering system involves complex technology that customers may not understand easily. The company sends its sales personnel for a two-day training course on the appropriate use and maintenance of the filtering system so that they can educate prospective customers about its application.
Which of the following elements of the promotion mix would most likely be used to sell this filtering system?

A) Personal selling
B) Mass marketing
C) Public relations
D) Advertising
Business
1 answer:
BabaBlast [244]3 years ago
7 0

Answer:

Personal Selling

Explanation:

Personal Selling is one of the elements of promotion mix which involves one to one sales communication with potential customers. Personal selling is one of the most effective promotion approaches because it can be tailored to meet potential customers needs, especially when sales of a particular product and service demands that.

In the case of IGM Technologies, personal selling would be the most likely used because of the complex technology that customers may not understand easily and need for sales personnel to educate potential customers about the product.

Others elements of promotion mix, such as advertising, public relations and mass marketing will be less effective as they don`t bring sales personnel close to potential customers as personal selling. And using any one of three other elements of promotion mix will not help potential customers to understand the complex technology, manner of usage and how to maintain the filtering system.

So personal selling will most likely be used.

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A distributor of large appliances needs to determine the order quantities and reorder points for the various products it carries
Mkey [24]

Answer:

a. 32 refrigerators

b. 29 refrigerators

Explanation:

a. The computation of the economic order quantity is shown below:

= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

= \sqrt{\frac{2\times \text{500}\times \text{\$100}}{{\$500 \times 20\%}}}

= 32 refrigerators

b. Now the reorder point is

= Annual demand ÷ total number of days in a year × lead time + (service level × standard deviation for the lead time)

= 500 units ÷ 365 days × 7 days + (1.90 × 10 units)

= 9.59 + 19

= 29 refrigerators

4 0
4 years ago
This app is amazing to keep up the good work
aliya0001 [1]

Answer:

Yes, it is.

Explanation:

8 0
3 years ago
What are two ways to create forms in Base to search data?
Lyrx [107]
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7 0
4 years ago
Read 2 more answers
The beginning checkbook balance of Shelley Co. was $5,559.10. The bank statement showed a bank balance of $7,888.44. The bookkee
amid [387]

Answer:

$7,999.54

Explanation:

The bank reconciliation is one done between the balance per the books and balance per the bank statement. This is usually as a result of transactions known as reconciling items.

These are items that have either been recognized in books but yet to be recorded by the bank or vice versa, transactions recorded wrongly by one of the parties etc.

To correctly adjust the book balance, items recognized in the bank statement that are yet to be recorded in the books are done.

The adjusted balance

= $5,559.10 + $499.88 + $1,256.45 + $750.99 - $66.88

= $7,999.54

7 0
3 years ago
Winner Corporation acquired 80 percent of the common shares and 70 percent of the preferred shares of First Corporation at under
lys-0071 [83]

Answer:

b. $100,000

Explanation:

Based on the information given , the FIRST'S CONTRIBUTION TO CONSOLIDATED NET INCOME for 20X9 will be NET INCOME amount of $100,000 because During the year 20X9, the company reported NET INCOME of $100,000 in which they paid no dividends.

Therefore First's contribution to consolidated net income for 20X9 is $100,000

4 0
3 years ago
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