1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tema [17]
3 years ago
10

What is suggestive selling? Have you experienced an example of this? If so, describe the experience. Why do restaurants use sugg

estive selling?
Business
1 answer:
Blizzard [7]3 years ago
7 0

Answer:

Explanation:

Suggestive selling is when someone recommends a better version of the product which you are purchasing or even recommends another totally different product that may suit your individual needs better. Almost everyone has experienced this in some capacity before. For example, any time you go to a fast-food chain they always ask if you would like to increase the size of your order (super-size) for a small additional fee. This is suggestive up-selling, and companies do this because they make additional profit from these items that they are suggesting.

You might be interested in
What do you call collections of stocks and bonds that are traded on securities exchanges but themselves are traded more like ind
Kamila [148]

Collections of stocks and bonds that are traded on securities exchanges but themselves are traded more like individual stocks than mutual funds?

The correct answer is an exchange-traded fund (ETF)

<h3>What are exchange-traded funds?</h3>

ETFs, or "Exchange Traded Funds," as the name implies, are funds that trade in exchange-traded funds and typically track a particular index. Investing in ETFs gives you a bundle of assets that you can buy and sell during market hours. It has the potential to reduce risk and exposure while helping to diversify the portfolio.

ETFs have several advantages over traditional open-ended funds. The four main benefits are transaction flexibility, portfolio diversification and risk management, low cost, and tax benefits.

Learn more about securities exchanges here

brainly.com/question/25572872

#SPJ2

7 0
2 years ago
Sheffield Corp. traded machinery with a book value of $978480 and a fair value of $906000. It received in exchange from Ivanhoe
Lemur [1.5K]

Answer:

Gain $72,480

Explanation:

Calculation for the amount of gain or loss that Sheffield should recognize on the exchange

Using this formula

Gain/Loss= Book value – Fair value

Let plug in the formula

Gain/Loss= $978,480 – $906,000

Gain=$72,480

Therefore the amount of gain or loss that Sheffield should recognize on the exchange will be $72,480

3 0
3 years ago
You now need to plan for the holiday rush! When the holidays hit, Trader Dan's has a massive increase in customers coming to the
jasenka [17]

Answer: dan needs a faster pace

Explanation:

8 0
3 years ago
In a perfectly competitive market, all producers sellidentical goods or services. Additionally, there arefew buyers and sellers.
Katen [24]

Answer:

false

Explanation:

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.  

In the long run, firms earn zero economic profit.  If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.  

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.  

While the market for lettuce sells identical items, there are many buyers and sellers

7 0
3 years ago
North Company has completed all of its operating budgets. The sales budget for the year shows 50,820 units and total sales of $2
Grace [21]

Answer:

We are given all the details of the activity and the results of those activities, like the cost and revenue.

The multi step income statement shall be as follows:

Income:

Revenue from Sales                             = $2,391,000

Other Income                                         =   $0

Total Revenue                                       = $2,391,000

Expenses:

Cost of goods sold                                = $1,168,860

$23 \times 50,820

Selling and Administrative                   = $303,100

Interest Expense                                    = $13,060

Total Expenses                                     = $1,485,020

Net Income before Taxes                    = $905,980

Less: Taxes on income                         = $220,400

Income from Continuing Operations = $685,580

7 0
3 years ago
Other questions:
  • In making business decisions, Glenda, personnel manager for HVAC Maintenance, Inc., applies his belief that all persons have fun
    5·1 answer
  • Mister Plow has contracted to perform snow removal services for the city of Springfield. Record snowfall has more than doubled t
    10·1 answer
  • True or False: It’s usually a good idea for firms to try to appeal to all potential buyers in a market, because customer variety
    8·1 answer
  • In most of the 1970s, the fed's policy created expectations of high inflation. true false
    6·1 answer
  • Which 2 are components of health related fitness?
    9·2 answers
  • Which action is specifically recommended to enhance your credibility in the field of accounting?
    8·2 answers
  • On January 2, Haskins Company purchases a laser cutting machine for use in fabrication of a part for one of its key products. Th
    6·1 answer
  • Emphasis on product, sales-volume-oriented, needs of seller Customer wants, profit-oriented, future growth Sales-volume-oriented
    15·1 answer
  • Nowadays,there are more separate retail and commercial banks than ever.
    11·1 answer
  • If gross margin on a product is 25% what is the corresponding markup percentage​
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!