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Dominik [7]
3 years ago
14

Specialty store manager Terri is evaluating her employees for the first week of March. Her part-time sales associates have a sal

es goal of $5,000 per week, and a conversion rate goal of 60%. Keeping track of how many customers came into the store during her shifts, sales associate Suzy had 120 customers enter the store that week during her shift. Her sales indicate 65 separate transactions for a total sales amount of $4803. Suzy's conversion rate for the week is _______ and her Meeting Quota ratio is _______
Business
1 answer:
Sphinxa [80]3 years ago
5 0

Answer:

0.54 and 0.96

Explanation:

Conversion rate is Sales / Sales calls.

There are 65 sales transactions in total and the customers entered into the store are 120.

Conversion rate is 65 / 120 = 0.54

Meeting Quota ratio is Actual Sales / Sales goal

Actual Sales amount to $4803 while the sales goal was $5,000

Meeting quota ratio is 4803 / 5000 = 0.96

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By showing a thorough understanding of your survey results, organizing your content in a clear manner, and generally showing you
egoroff_w [7]

Answer:

competence

Explanation:

Credibility is defined as the ability of an endeavour or individual to inspire confidence by those interested in it.

Credibility has 3 aspects - caring, character, and competence.

Competence is the ability of an individual to demonstrate adequate knowledge, skill, strenght, or judgement with regards to a particular area of interest.

In the given instance where one is showing a thorough understanding of your survey results, organizing your content in a clear manner, and generally showing you are prepared for this presentation. He is demonstrating competence

5 0
3 years ago
If it is known that the income elasticity of demand for the same good is 2.5, estimate the percentage change in demand if consum
svetlana [45]

Answer:

500%

Explanation:

Given that,

Income elasticity of demand = 2.5

Consumer income increases from $100 to $300,

Therefore, percentage change in consumer income:

= [($300 - $100) ÷ $100] × 100

=  [$200 ÷ $100] × 100

= 200%

Income elasticity of demand = (% change in Quantity demanded) ÷ (% change in income)

2.5 = (% change in Quantity demanded) ÷ 200%

Hence,

% change in Quantity demanded = 2.5 × 200%

                                                       = 500%

8 0
3 years ago
Suppose the Finnish government undertakes a program that relaxes immigration but only for highly skilled workers. This policy ch
Kay [80]

Answer:

Suppose the Finnish government undertakes a program that relaxes immigration but only for highly skilled workers. This policy changes will result in an increase in the _population of immigrants_______, causing __increased economic performance resulting from increased supply of highly skilled labor, productivity, and GDP and not to forget increased diversity with its attendant benefits and costs_____.

Explanation:

Immigration is the movement of non-natives or citizens into a country from other countries.  If the number of immigrants outnumber those emigrating, the population of the country will increase relatively.  To boast population, increase diversity, and energize an economy, some countries deliberately embark on programed immigration and acceptance of highly skilled workers.  As they come in, they come with their families, some will bear more children, and there will be increased relationships between the immigrants and the domiciled citizen population.  The economy of the country will be revitalized since they are highly skilled workers, and there will be increased productivity and beneficial changes in the GDP.  Human diversity has many attendant benefits and burdens.  Whichever one that outweighs the other depends on factors prevalent in the particular country.

4 0
3 years ago
Can a person’s general attitude toward risk be applied to his/her approach to investing
seropon [69]
Yes it can be applied.
If an investor is pessimistic that a certain risk that they fear will occur, they avoid investing in the fields prone to the risk. 
For example, if an investor is offered an opportunity in the oil and flammable fuels and the persons dreads fire, that person declines the offer no matter how viable it is.
7 0
3 years ago
You are browsing through job listings for global marketing-related jobs on Monster. One job catches your attention because it li
Andrei [34K]

Answer:

(b) The candidate will be involved in setting up an independent division with responsibility for robotic equipment production and marketing.

Explanation:

  • As an area of global marketing deals with the setting up of strategies for the development of marketing plans for the company. By adjusting the strategies that are well suited to other countries form a global point of view.
  • Hence the candidates that come from the different locations will be more interested in setting up divisions that look after the promotion and distribution of products, people and processes to deliver good results.
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3 0
3 years ago
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