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Softa [21]
3 years ago
14

Caitlin is a highly motivated sales executive for a company that sells business textbooks. She always strives to create personal

relationships with the professors of colleges and universities. When a committee of professors at Bridgeton University was constituted to select a new marketing book, her book was selected. Her amiable relationship with the committee chairman paved the way for this selection. The committee chairman trusts Caitlin and believes that she will meet his expectations. Identify the type of relationship between Caitlin and the committee chairman in this scenario.
A. Relational partnership
B. Functional relationship
C. Internal partnership
D. Solo market transaction
E. Strategic partnership
Business
1 answer:
timurjin [86]3 years ago
7 0

Answer:

A. Relational partnership

Explanation:

Relational partnership - This type of partnership is based on trust and close relationships. In this type of relationship, both parties are open on discussion and always ready to tackle the objection or obstacle by working together.

In every partnership, both parties are trying to get more money but the main focus on this partnership is to get that money for a longer period of time.

Mostly relationship partnership built because of prior relationship but mostly it is happened due to financial necessity.

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You consider purchasing a new computing system, including networking, for your sales force for $112,000. The system has a 6-year
pshichka [43]

Answer:

I am sorry

Explanation:

I dont do business

4 0
3 years ago
Colter Steel has $5,400,000 in assets. Temporary current assets $ 2,800,000 Permanent current assets 1,590,000 Fixed assets 1,01
Mademuasel [1]

Answer:

Explanation:

Long term Financing = Permanent Current Assets + Fixed Assets

Long term Financing = $1,590,000 + $1,010,000  = $2,600,000

Short Term Financing = Temporary Current Assets  = $2,800,000

Long Term Interest Expense = $2,600,000 * 0.17 = $442,000

Short Term Interest Expense = $2,800,000 * 0.12 = $336,000

Total Interest Expense = $442,000 + $336,000  = $778,000

Earnings before Taxes = Earnings before Interest & Taxes - Interest Expense

Earnings before Taxes = $1,140,000 - $778,000  = $362,000

Earnings after Taxes = Earnings before Taxes * (1 – Tax rate)

Earnings after Taxes = $362,000 * (1 – 0.40)  = $217,200

3 0
3 years ago
Your bank card has an APR of 18% and there is a 2% fee for cash advances. The bank starts charging interest on cash advances imm
Marina86 [1]

Answer:

$42

Explanation:

APR = 18% , month rate = 18%/12 = 1.5%

Fee for cash advance = 2%

Cash advance of the first day of month = $1,200

Finance charge = Cash advance * (Monthly rate + Advance cash fee)

Finance charge = $1,200*1.5% + $1,200*2%

Finance charge = $18 + $24

Finance charge = $42

So, the approximate total finance charge i will pay on this cash advance for the month is $42

4 0
2 years ago
Determine the amount of consumer surplus generated in the following situation. After soccer practice, Stacey is willing to pay $
AlladinOne [14]

Answer:

The answer is: There was no consumer surplus in this situation.

Explanation:

consumer surplus refers to the difference between the maximum amount a consumer is willing to pay for a good or service and the actual price of the good or service.

In this case there was no consumer surplus, since Stacey was willing to pay only $2 for a bottle of mineral water and its price was $2.25, so she didn't buy it.

5 0
2 years ago
Judy Olsen, Kristy Johnston, and their mother, Joyce Johnston, owned seventy-eight acres of real estate property on Eagle Creek
Neporo4naja [7]

Yes , Judy and Kristy have an enforceable binding contract

Explanation:

Kristy Johnston, Judy Olsen, and Joyce Johnston, their mother, owned real estate as common buyers. After Joyce died, she left Kristy her one-third share in the house. Kristy sent Judy a letter in 2009 promising Judy to purchase or sell Judy's share in the property.  

Judy accepted the sale bid from Kristy. Kristy then tried to refuse Judy's approval and to cancel her bid for sale. Judy lodged a Kristy lawsuit.

The court granted the summary judgment to Judy finding that a contract had been drawn up between the letters exchanged between Judy and Kristy which satisfied the frauds ' status. The Supreme Court ruled that the district court decided out that an enforceable arrangement was established by exchanging letters from the parties.

4 0
3 years ago
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