Answer:
Closing (the Sale).
Explanation:
The salesperson's objective is to obtain a purchase commitment from the prospect and create a customer during closing stage in the personnel selling process. Personal selling process starts with prospecting, pre-approach, approach and then presentation, followed by handling objectives and then closing process. In closing process, salesperson actually want the costumer to purchase the product, therefore, he or she tries to close the process as soon as possible by taking purchasing intention from the customer. This is the most important step in the whole process because this steps yields actual sales where all other steps help this step.
Answer:
The minimum would be the present value of the bonus, which is 5,075.72 dollars
Explanation:
we have to discount the 7,200 dollar bonus at 6% discount rate for 6 years to get the present value of the bonus:
Maturity 7,200
time 6 years
rate 6% = 6/100 = 0.06
PV $ 5,075.7159
Answer:
5.78%
6.59%
8.85%
11.40%
Explanation:
The formula for determining future value (FV) given present value is(PV) :
FV = PV (1 +r)^n
r = interest rate
n = number of years
1. $338 = $270 x (1 + r)^4
( $338 /$270)^0.25 = 1 + r
1.0577 = 1 +r
r = 1.0577 - 1
r = 5.78%
2. 1231 = 390 (1 + r)^18
(1231 / 390)^0.055556 = 1 + r
1.065941 = 1 + r
r = 1.065941 - 1
r = 6.59%
3. 210390 = 42000 (1 +r)^19
(210390 / 42000)^0.052632 = (1 +r)
1.088505 = 1 + r
r = 8.85%
4. 613,284 = 41,261 (1 + r)^25
(613,284 / 41,261)^0.04 = (1 + r)
1.113999 = 1 + r
r = 11.40%
When an entrepreneur makes the decision to own and run a business, he or she assumes risks that are offset by the potential of earning a profit.
<h3>Who is an entrepreneur?</h3>
This is the person that is referred to as the one that opens and runs a business for the sake of making gains which is referred to as profit.
The entrepreneur is a person that is interested in being able to come open and run a business and also manage the risks that are involved in the business. Such a person is innovative in nature and they are able to take risks.
Hence When an entrepreneur makes the decision to own and run a business, he or she assumes risks that are offset by the potential of earning a profit.
Read more on an entrepreneur here: brainly.com/question/353543
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Answer:
B. discharged
Explanation:
Based on the information provided within the question it can be said that Bottling's contractual obligation to Chug is breached. This term refers to when a party in a contract does not meet the obligations that they agreed upon for whatever reason. Which, since Bottling decided to not perform their part of the contract due to prices becoming to high then they are breaching the contract, regardless whether or not it is due to external factors.
