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Mariana [72]
3 years ago
14

Michael works as a sales representative for an oilfield supply business in West Texas. He sells highly technical safety equipmen

t to his customers. Michael visits his customers on a regular basis to provide information about new products and to solve technical problems that may arise as his clients use the equipment. For Michael, personal selling works better than other forms of promotion because of _______.
Business
1 answer:
saw5 [17]3 years ago
4 0

Answer:

This question is incomplete, the options are missing. The options are the following:

a) The value of the product

b) The role of social media

c) The complexity of the product

d) The number of potential customers

And the correct answer is the option C: The complexity of the product.

Explanation:

To begin with, in the area of marketing when it comes to designing and developing a strategy for the company's campaign the for "Ps" are the essentials matter to have in mind. One of them, the "P" for promotion focus on the "how" to sell the product to the target audience and that matter the expertise find varies ways to do it. The personal selling is one of them and in this case actually the most appropiate one due to the complexity of the product that is being sold. Michael is right because this strategy allows the representative, who is an expertise in the product itself, to explain every little detail of the good and how it will adjust to every situation and more. So in order to accomplish the comfort of the client, the presence of the sale's agent is necessary and helpful in this case.

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The Coca-Cola Company owns 28 percent of the voting stock of Coca-Cola FEMSA, acquired at book value. Assume that Coca-Cola FEMS
irakobra [83]

Answer:

Investment in Coca-Cola FEMSA            $1,409,800.00

Equity in income of Coca-Cola FEMSA                               $1,409,800.00

Explanation:

Coca-Cola Company  share of Coca-Cola FEMSA reported income  =

28% * $5,000,000= $1,400,000.00

Realized profit on intercompany sales = 28% * ($1,350,000 - ($1,350,000/1.35))= $98,000.00

Unrealized profit on intercompany sales = 28% * ($1,215,000 -($1,215,000/1.35)) = $88,200.00

Equity in Net Income of Coca-Cola FEMSA  =

$1,400,000.00 + $98,000.00-  $88,200.00 = $1,409,800.00

Journal entry:

Investment in Coca-Cola FEMSA             $1,409,800.00

Equity in income of Coca-Cola FEMSA                               $1,409,800.00

8 0
4 years ago
The price/sales multiple is typically only used for the valuation of firms without earnings. true false
sveta [45]

The main purpose of price/sales multiple ratio is typically only for the purpose of valuation of firms having no earnings till the date of valuation. Therefore, the given statement holds true.

<h3>What is the significance of Price/Sales ratio?</h3>

Price/Sales ratio can be referred to or considered as a ratio that is used to determine the total sales made by the company without earning any profits over their sales at a given price.

Investors use this ratio in order to valuate a firm based on the sales they have made in multiples, however without earnings, that can prove to derive good investment returns in the future.

Therefore, the aforementioned statement regarding price/sales ratio holds true.

Learn more about price/sales ratio here:

brainly.com/question/14856408

#SPJ4

3 0
2 years ago
A mortgage company makes a number of loans to be assembled into one package and sold to permanent investors. This process is an
Vladimir [108]

Answer:

The correct answer to the following question is warehousing.

Explanation:

Warehousing can be defined as process in which banks and lenders would provide mortgage loans to consumers , with the intention of quickly selling those loans in the secondary market. Here the individual loans would be bundled together based on some common element like size of the mortgage or the creditworthiness of the borrowers and all these loans would be sold as a single unit.

3 0
3 years ago
Dave has been suggested to assume his firm is operating at full capacity and its net fixed assets can be added by any amount. Th
shusha [124]

Answer:

Net Fixed Assets remains fixed

Explanation:

The reason is that the company will not desire to increase its investment if the net fixed Assets does not increases the production capacity so the net fixed assets will remain the same for period. The depreciation will be the same for the year required it is not production dependant. Net fixed assets also doesn't changes with the changes in production and debt to equity level. It remains fixed for the period.

7 0
3 years ago
From studying Geert Hofstede’s cultural dimensions, what differences exist between the United States and Brazil that may be rele
Alex

Answer:

what differences exist between the United States and Brazil that may be relevant to your communication?

Using Geert Hofstede's cultural dimensions as a framework, we can determine that the United States is higher on individualism while Brazil is higher on collectivism.

The United States is also higher on restraint, while Brazil is higher on indulgence.

2. How can you use words to relate to each audience?

For the United States, you should use words that motivate individuals. For Brazil, you should words that motivate collective groups.

3. What images will you use for each audience?

Again, for the United States, you should use images that represent individualistic cultural values, while the opposite should be used for Brazil: picture that represent more collectivist cultural values.

6 0
3 years ago
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