Answer:
The use of a proper CRM.
Explanation:
A CRM basically means or translate to a Customer Management System.
A customer management system is an Information technology tool or software that enables companies to properly manage track and monitor their interactions and relationship with clients or potential customers.
Referring back to the question asked, the best answer to the question is to categories or segment the customer management system into teams and generate a unique assess code such that only the team working on a particular potential customer can access and monitor the status of interaction between a sales person and a customer within the same sales team.
This way, a third party sales team does not have access to the data of other sales team.
Answer:
No. The payback period is 3.8 years
Explanation:
The payback period measures how long it takes for the amount invested in a project to be recovered from the cumulative cash flows.
The amount invested = $4,200 + $1,500 = $5,700
Please check the attached image for an explanation on how the payback period was calculated.
Pay back period = 3 years + 1400/1750 = 3.8 years.
3.8 years is greater than the required 3 years Payback period. Therefore, Jack shouldn't accept the project.
I hope my answer helps you
Answer:
b) management by objective.
Explanation:
Management by objectives can be defined as an organizational management model whose focus is to improve the performance of the organization as a whole, aligning each company's action plan to achieve previously defined objectives and goals.
This is an information system that allows the organization to compare performance and achievements with objectives, which helps improve management and correct failures.
In this management style, employees are encouraged and motivated to be more committed to the organization, as clearly setting goals and objectives motivates employee participation and contributes to a feeling of inclusion, in addition to improving communication in the organization, which is a essential tool for achieving goals.
Answer:
If the machine is purchased, the contribution margin per unit will be $39.00
Explanation:
Contribution margin per unit is the amount that each additional unit sold contributes towards a company’s fixed costs and profit and calculated by following formula:
Contribution Margin per Unit = Sales Price – Variable Cost per Unit
If the machine is purchased, variable costs will decrease by $5.00 per unit
Variable Cost per Unit = $36.00 - $5.00 = $31.00
Contribution Margin per Unit = $70.00 - $31.00 = $39.00
