Answer: PERSONAL COMMUNICATION
Explanation: In the given case, the salesman of the store is personally interacting with the customer for establishing a relationship.
The human behavior reacts positively when someone gives them importance and listens to them without any judgement. Similarly, in this case the salesman is trying to win the confidence of the customer by persuading him with personal attention.
Answer:
True.
Explanation:
True, The given situation is true because the pleasure (utility) provided by Alpha is greater than the pleasure (utility) provided by the Beta. Therefore, a rational person will buy only that commodity which has a higher utility. Here, we can see the Alpha provides 10 units of utility or pleasure per dollar while Beta provides 8 units of utility or pleasure per dollars. So, only Alpha will be chosen.
The small businesses in the United States operate at a very high level, and form a big chunk of the total national employment.
<h3>What is a small business?</h3>
A business which runs and operates on a very small scale, defined as per the government authorities from time to time, is known as a small business.
The advantages of a small business are,
- Government subsidies and benefits
- Quick decision-making
- Easier formation
The disadvantages of a small business are,
- Government regulation
- Less scope of expansion
- Competition
Hence, the significance of a small business is aforementioned.
Learn more about small businesses here:
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Answer:
d. a principal and an agent.
Explanation:
Jim is the agent. The agent is someone who makes decisions or takes action on another person's behalf.
Kit is the principal. The principal is the person who decisions are being made for.
I hope my answer helps you
Answer:
b $746,000
Explanation:
the amount purchased in year = cost of good sold + Inventory at beginning - Inventory at end = $738,000 + $218,000 - $204,200 = $751,800
The cash payments for merchandise during the year = Account Payable (AP) at beginning - AP at end + Amount purchased in year = $96,200 - $102,000 + $751,800 = $746,000
