Answer:
<em>New Buy</em>
Explanation:
A new buy <em>is a situation that requires an item to be purchased for the very first time. </em>
It is crucial for the business seller to provide a compelling argument in this type of purchasing situation to use their product line and a lot of information to help the business owner make an informed choice.
A new buy scenario can take much longer to happen as participants in the research evaluation and purchase center will have to make the final decision.
Answer:
He should focus on customer needs.He should spend his time in the office working rather worrying about home or hobbies.
Explanation:
Brolen's biggest problem is that he is not satisfying customers' needs. He doesn't have a definite Business Plan or strategy to work things out. He does not have a set of targets to achieve and doesn't take the business professionally .He needs guidance to plan out his business activities and needs to work properly without worrying much about home or his hobbies. He should spend his time in the office working rather worrying about home. Spending time on too much emailing will not help him . He needs marketers and other business persons to plan implement and execute business strategies to satisfy customer needs.
Answer:
YTM approximated 4.08%
Explanation:
If the price of the bond changes to 1,060
we will need to calcualte the YTM
we could do it with an approxmation method like this:
Cuopon payment =1,000 x 4.5% = 45
Face value = 1,000
Purchase value= 1,060
n= 20 years
quotient 4.0776699%
It will yield approximately 4.08%
