Ken has funds available for a maximum of six years of higher education. If his

Which of the following knowledge tools must a salesperson use to answer the question "Can the salesperson give additional discou

Pavel [41]

Answer:

Price knowledge

Explanation:

Price knowledge - it is referred to as the deep knowledge of the price of the product. it helps in marketing tactic that is used to persuade the customer. it helps in negotiating with the customer on the price.

For example - to persuade potential customers, the salesman should have a broad knowledge of the price of the product so that if customers are ready for buying the product then the additional discounts can offer to lure them.

3 0

3 years ago

An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a

Doss [256]

Answer:

The value of the policy assuming the proposed rates is 142,769.63

Explanation:

Time line:

<--/--/--/--/--/--/----------------------------------------------------------//-->

We have 6 payment and then, a lump sum capitalize until age 65

First we calculatethe value up to the end of the six year:

$Principal \: (1+ r)^{time} = Amount$

First year:

$940 \: (1+ 0.09)^{6} = Amount$

Amount 1,576.47

Second year:

$940 \: (1+ 0.09)^{5} = Amount$

Amount 1,446.31

Third Year:

$1040 \: (1+ 0.09)^{4} = Amount$

Amount 1,468.04

Fourth year:

$1040 \: (1+ 0.09)^{3} = Amount$

Amount 1,346.83

Fifth year:

$1140 \: (1+ 0.09)^{2} = Amount$

Amount 1,354.43

Six year:

$1140 \: (1+ 0.09)^{1} = Amount$

Amount 1,242.60

Sum at the end of the six year: 7,080.25‬

<u>Then this capitalize up to 65 birthday:</u>

from the seventh birthday up to the 65th birthday

65 - 7 = 58 years

$Principal \: (1+ r)^{time} = Amount$

Principal 8,426.68

time 58.00

rate 0.05000

$8426.68 \: (1+ 0.05)^{58} = Amount$

Amount 142,769.63

3 0

3 years ago

A company's current assets are $26,420, its quick assets are $15,090 and its current liabilities are $12,520. Its acid-test rati

Debora [2.8K]

Answer: 1.21

Explanation:

Acid test ratio is also referred to as the quick ratio and it is calculated as:

Acid-Test Ratio = Quick Assets / Current Liabilities

where,

Quick assets = $15090

Current liabilities = $12520

Acid test ratio = $15090 / $12520

= 1.2052

= 1.21

8 0

3 years ago

Value is the perception by consumers that a band provides satisfaction greater than the cost incurred to acquire the product or

gtnhenbr [62]

Answer:

The correct answer is True.

Explanation:

The answer is not very simple to give; However, some experts in the field say that most people base their purchase decisions on "their perceptions about the value that different products or services provide"; which, overcomes the barrier of the lowest price or higher quality.

For this reason, today it has been widely reported that successful companies do not deliver products in exchange for a profit, but rather: Value in exchange for a profit.

7 0

3 years ago

_____ refers to the actions of consumers directly involved in obtaining, consuming, and disposing of products, and the decision

Rashid [163]

Answer:

Consumer behavior

Explanation:

It is the decision process in which consumers evaluate, select, acquire, use and dispose goods and services to satisfy their needs and wants. It covers what they buy, why, when, how, where and how often. Consumer behavior involves mental, emotional and physical activities.

3 0

3 years ago