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MArishka [77]
3 years ago
12

Why selling is never ending process in business?? ​

Business
1 answer:
Naily [24]3 years ago
4 0

Answer:

there is always something to be wanted by a consumer. there is a constant selling process due to businesses wanting to achieve profit, that's why they're a business. without selling enough goods, they might not be able to break even with paying employees or receiving/making goods to sell to consumers. selling and profiting will force be a factor in a business setting.

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Walmart is thinking about offering a 25% discount on a brand of shoes. If the elasticity of demand is two, then the discount wou
vitfil [10]
Elasticity of demand is a measurement used in economics to show how people respond and demand a product or service when nothing but the price changes. 

If Walmart were to discount a shoe by 25% and the demand of the shoes is two pair, sales would increase by 50%. People are purchasing two pairs at this price and receiving 25% off of each pair.
5 0
3 years ago
Your company is evaluating two projects for consideration. Project A has a 40% probability of a $3,000.00 loss and a 60% probabi
natima [27]

Answer:

We should select Project A as it has a higher expected value of 10,800 compared to Project B's expected value of 9,000.

Explanation:

We need to find the expected value of both the projects, using the formula

Expected value of project A= (probability of loss * value of loss)+(probability of gain* value of gain)

Expected value of project A= (0.40*-3,000)+(0.60*20,000)

=-1200+12,000=10,800

Expected value of project A= 10,800

Expected Value of project B= (probability of loss * value of loss)+(probability of gain* value of gain)

=(0.30*-5,000) +(0.70*15,000)=-1500+10,500=9,000

5 0
3 years ago
Preet just learned that he is going to be reassigned for his job to Eastern Europe. The transfer is temporary. Because Preet kno
Bogdan [553]

Answer:

durable power of attorney.

Explanation:

A durable power of attorney is the most vital document that anyone can have in place in the situation where they are not able to care for themselves. It acted as the permission slip in which the authority is given to the third party to do the things on behaf of the other person who cant do that

So as per the given situation, the above should be the answer

5 0
3 years ago
Chris is part of the top management of a bank. He formulates a plan on how the bank will deal with its competitors and serve its
gladu [14]

Answer:

strategic plan

Explanation:

Top management is in charge of developing the bank's strategic plans. Strategic planning is a management process by which the company's top management determine the company's vision, and long term objectives and goals. Strategic planning should include the necessary steps to accomplish those goals.

5 0
3 years ago
When people are resistant to a change because of adjustment problems, the most effective way to manage the resistance is through
melomori [17]

Facilitation and support are the most effective way to manage the resistant to a change because of adjustment problem.

People show resistant to a change. The most effective way is to handle the situation through facilitation and support.

A facilitator in any business is an individual that helps a group of people reach a unanimous decision. This involves providing a structure that promotes cooperative decision making. A facilitator never offers solutions and is not a leader instead, their role is to guide the group to explore options and discover solutions. As a result of this participation everyone assumes responsibility and commitment.

Support implies both financial assistance and providing agreement, comfort, protection and friendship all of which create a welcoming open work environment which is both encouraging and motivating.

While the other options are incorrect because:

a. manipulation and cooperation:

Manipulation is not a good practice for any type of workplace relationship as it sows distrust and discomfort.

c. explicit and implicit coercion:

Coercion is the act of forceful involuntary action under any manner of threat. this would simply push the workforce to quit.

d. centralization and micromanagement:

Micromanagement involves excessive supervision and limited task delegation and has a negative connotation as it shows the absence of freedom and confidence in the workforce.

You can learn more about resistant to change at

brainly.com/question/25997303

#SPJ4

4 0
1 year ago
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