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
nevsk [136]
3 years ago
13

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 _______. a. the value of the product b. the number of potential customers c. the role of social media d. the complexity of the product
Business
1 answer:
Sphinxa [80]3 years ago
4 0

Answer:

d. the complexity of the product.

Explanation:

Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. The pre-service strategies includes identifying the following target market, design, branding, market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.

Personal selling also known as face-to-face selling can be defined as a sales technique or strategy in which the salesperson meets with the potential buyer (customer) for the sole purpose of convincing him or her to buy a product.

For Michael, personal selling works better than other forms of promotion because of the complexity of the product i.e high technicalities associated with the product. The product Michael are highly technical and as such would require guidance or explanation on how to safely use them.

You might be interested in
aagen Inc. is a merchandising company. Last month the company's cost of goods sold was $92,000. The company's beginning merchand
Paladinen [302]

Answer:

the company purchase is $94,000

Explanation:

The computation of the total amount of the company merchanise purchase for the month is shown below:

Cost of goods sold = Beginning merchandise inventory + Purchases − Ending merchandise inventory

$92,000 = $14,000 + Purchase - $16,000

So, the purchase is

= $92,000 + $16,000 - $14,000

= $94,000

Hence, the company purchase is $94,000

4 0
2 years ago
Jamie’s Bakery, a small chain of eight bakeries in Altamonte Springs, Florida has recorded sales growth of 30 percent or more pe
pantera1 [17]
<h3>Answer:</h3>

Gazelle

<h3>Explanation:</h3>
  • Jamie's Bakery has recorded a growth of 30% and above from 2010 to 2017 with revenues of $229,000.
  • This makes Jamie's bakery a gazelle company or business due to the growth of 30% in sales per year for a period of more than four years since it was started in 2010.
  • Gazelle ventures or business are fast growing and expands at a high rate and thus important to an economy.
6 0
3 years ago
Which of the following statements is correct with respect to economic incentives to release financial information?
makvit [3.9K]

Answer:

B

Explanation:

If investors do not have adequate information about the company they are investing, they would demand an higher rate of return. This would increase the cost of raising capital. So, financial managers who want to raise capital at a cheap rate would have the incentive to disclose information

8 0
2 years ago
Find the definitions of the following words or expressions in terms of business.
ahrayia [7]

Answer:

2

Explanation:

as;dlkfj

5 0
2 years ago
Income received by households through the lending of their money to corporations and business firms is an example of
ra1l [238]

Answer:

Interest / Dividend Income

Explanation:

6 0
3 years ago
Read 2 more answers
Other questions:
  • ___competition is a competitive advantage based on factors other than price.
    12·1 answer
  • The factor that has the greatest impact on your credit score is what
    14·1 answer
  • Anka Company uses the LIFO inventory costing method for both its tax reporting purposes and its financial reporting purposes. An
    5·1 answer
  • Which agricultural worker cuts down trees with chain-saws?
    11·2 answers
  • Heart of Tennessee Telecom has these account balances at December​ 31, 2016​:
    10·1 answer
  • Consider the impact of the following two events in the television market.First, people are using more tablets and fewer televisi
    14·1 answer
  • When an incident occurs and relevant agencies or departments are dispatched to the scene, the lead agency assumes Incident Comma
    8·2 answers
  • The management team at Imagine Advertising is trying to land a new client. Carla, the CEO, has set targets for how much the cont
    10·1 answer
  • Acquisition cost, as well as capital improvements, will​
    11·1 answer
  • You bought two new CDs with the last $30 in your checking account, and your next payday is on Monday. What is the opportunity co
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!