Answer:
Option C Keeping customers satisfied
Explanation:
The personal selling goals include keeping customers satisfied. This is the most important part of making sales. If your customers are satisfied with all the aspects of product from price to quality and the product is easily accessible and other factors, then there are greater chances that the product will keep its market share secure. And if the customer is not satisfied with the product then there are fewer chances of sales of this product to the same customer.
Answer:
* The company’s degree of operating leverage: 1.38;
* The impact on net operating income of a 22% increase in sales: it will increase by 30.4%;
* New contribution format income statement:
Engberg Company
Contribution format income statement
Amount Percentage of sales
Sales $176,900 100%
Variable expenses 70,760 40%
Contribution margin 106,140 60%
Fixed expenses 24,000
Net operating income 82,140
Explanation:
* The company’s degree of operating leverage = Contribution / profit = 87,000/63,000 = 1.38
* The impact on net operating income of a 22% increase in sales is calculated as: Degree of operating leverage x % changes in sales revenue = 1.38 x 22% = 30.4%.
* new contribution format income statement is shown in the answer part.
A decrease in the required reserve ratio increases the money supply; an open market purchase increases the money supply.
Answer:
Extortion
Explanation:
Here is the complete paragraph
George's firm contracts to provide risk management services for a wide range of smaller companies that cannot provide the service for themselves. One of George's responsibilities at the end of each month is to review the threats encountered by the companies and put them into the appropriate categories.
One of his firm's clients details an incident in which a hacker — a former employee — thieved trade secrets from the client and threatened to release them to the competition if he was not paid. In which of the following categories should George place this incident?
