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pogonyaev
1 year ago
12

Sarah Covington, a sales manager at Synergy Corporation Bank, often keeps low expectations of her team. She feels that they are

underqualified for their job and do not have substantial experience to sell a large number of accounts. Covington's team does not feel motivated enough and invariably underperforms and misses targets on a regular basis. Which of the following concepts best explains Covington's team's poor performance?
Business
1 answer:
Roman55 [17]1 year ago
4 0

Answer:

Self-fulfilling prophecy

Explanation:

Self-fulfilling prophecy is the term which is defined as the phenomenon of socio- psychological of expecting something or predicting and this prediction comes true as one believes it will and the consequences behaviors align for fulfilling those beliefs.

In short, it states that the people belief could influence their actions.

So, in this case, the concept which state the team poor performance is the self- fulfilling prophecy.

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A firm is currently producing 100 units of output per day. The manager reports to the owner that producing the 100th unit costs
Digiron [165]

Answer:

True

Explanation:

4 0
2 years ago
Kiddy Toy Corporation needs to acquire the use of a machine to be used in its manufacturing process. The machine needed is manuf
xenn [34]

Answer:

Option A net worth  -215,906.03

Option B net worth  -210, 159.75

It is a better deal to use the machine through lease than purchase it as the net worth is lower.

Explanation:

Purchase the machine:

-164,000 purchase cost

PV of the maintenance cost

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C -9,000.00

time 10

rate 0.08

-9000 \times \frac{1-(1+0.08)^{-10} }{0.08} = PV\\

PV -$60,390.7326

PV of the salvage value

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  14,000.00

time  10.00

rate  0.08000

\frac{14000}{(1 + 0.08)^{10} } = PV  

PV   6,484.7088

<em>net worth: </em>

-162,000 - 60,390.73 + 6,484.70 = -215,906.03

PV of the lease: (annuity-due)

C \times \frac{1-(1+r)^{-time} }{rate} (1+rate)= PV\\

C 29,000.00

time 10

rate 0.08

29000 \times \frac{1-(1+0.08)^{-10} }{0.08} (1+0.08) = PV\\

PV $210,159.7494

6 0
2 years ago
Which of the following best completes the following, ‘Brands can stimulate ______ media, brand-related word-of-mouth communicati
Alik [6]

Answer:Earned, owned

Explanation: A brand is an identifying symbol, mark, logo, name, word, and/or sentence that companies use to distinguish their product from others.

In today's marketplace teeming with thousands of products and services, all of which are being rapidly commoditized, a brand stands out from the clutter and attracts attention.

A brand name can create and stand for loyalty, trust, faith, premium ness or mass-market appeal, depending on how the brand is marketed, advertised and promoted.

A brand differentiates a product from similar other products and enables it to charge a higher premium, in return for a clear identity and greater faith in its function.

5 0
2 years ago
Bill's product manager is under pressure to increase market share, but is uncertain about how to make the product more competiti
saul85 [17]

Answer:

Consider the following explanation

Explanation:

The product already enjoys relatively high awareness and accessibility therefore Increasing awareness by 5% does not need to increase market share quickly,thus A) Increase awareness by 5% is incorrect.

Re-position the product to the ideal spot within the segment shall take a lot of time for the company to grab the market share.So D) is incorrect.

Increase in unit contribution margin by decreasing the MTBF need not increase the sales in the market thus B is incorrect.

C) Lower the unit selling price to the bottom limit of the segment price range seems correct by Lowering the unit selling price to the bottom limit of the segment price range the demand shall increase for the product increasing the market share in shorter term.

3 0
1 year ago
You were appointed the manager of Drive Systems Division (DSD) at Tunes2Go, a manufacturer of portable music devices using the l
Volgvan

Answer:

Answer is explained below.

Explanation:

A.

Assume the new testing equipment is rented and installed on December 31 and impact on this year's divisional operating profit

Loss from equipment write-off

Sales revenue 9,820,000    

Operating costs:    

Variable -1,190,000    

Fixed (cash expenditures) -4,390,000    

Equipment depreciation -960,000    

Other depreciation -710,000    

Loss from equipment write-off -5,040,000    

Operating profit (loss) before taxes

Operating profit (loss) before taxes=-$2,470,000(Loss)

Loss from equipment write-off= Value of equipment -Equipment Depreciation =$6,000,000-$960,000=$5,040,000

B.

Assume the new testing equipment is rented and installed on December 31. and the impact on next year's divisional operating profit

Sales revenue 9,820,000+690,900=10,510,900 Add 7% of 9,820,000=690,900  

Operating costs:    

Equipment rental -1,370,000    

Variable -1,190,000    

Fixed cash expenditures -4,390,000+263,400=-4,126,600 6%of 4,390,000=263400  

Equipment depreciation -960,000    

Other depreciation -710,000    

Operating profit (loss) before taxes 2,154,300(Profit)  

C.

Would you rent the new equipment - Yes Because it is benificial for Company as it is earning profit of $2,154,300

3 0
2 years ago
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