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nevsk [136]
2 years ago
13

Michael works as a sales representative for an oilfield supply business in West Texas. He sells highly technical safety equipmen

t to his customers. Michael visits his customers on a regular basis to provide information about new products and to solve technical problems that may arise as his clients use the equipment. For Michael, personal selling works better than other forms of promotion because of _______. a. the value of the product b. the number of potential customers c. the role of social media d. the complexity of the product
Business
1 answer:
Sphinxa [80]2 years ago
4 0

Answer:

d. the complexity of the product.

Explanation:

Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. The pre-service strategies includes identifying the following target market, design, branding, market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.

Personal selling also known as face-to-face selling can be defined as a sales technique or strategy in which the salesperson meets with the potential buyer (customer) for the sole purpose of convincing him or her to buy a product.

For Michael, personal selling works better than other forms of promotion because of the complexity of the product i.e high technicalities associated with the product. The product Michael are highly technical and as such would require guidance or explanation on how to safely use them.

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Which sentences describe points that Miguel should consider in the goal-setting process before he starts to invest?
ki77a [65]

Answer:

First, Miguel arrives at an estimate of the total returns that he wants from his investments.

Explanation:

Plato :)

4 0
2 years ago
It is January 2nd and senior management of Baldwin meets to determine their investment plan for the year. They decide to fully f
Alex_Xolod [135]

Answer:

b.The total investment for Baldwin will be $12,728,474

6 0
2 years ago
Portman Industries just paid a dividend of $2.16 per share. The company expects the coming year to be very profitable, and its d
Mariana [72]

Answer:

Expected Dividend Yield is 10.4%

Explanation:

As we know that the Expected Dividend Yield for Portman’s Stock can be calculated using the following formula:

Expected Dividend Yield = [D0 x (1 + g) / Intrinsic Value (Step1)] * 100

Here

Dividend just paid is $2.16 per share

The growth rate for the Portman's stock is 16% for the first year

Ke is 13.6%

Intrinsic Value = $24.09 (See Step 1)

By putting the above values in the above equation, we have:

Expected Dividend Yield = [$2.16 x (1 + 0.16) / $24.09] x 100

= 10.4%

Step 1. Intrinsic Value can be calculated using the following formula:

Intrinsic Value = D1 / (1 + r)^1   +  Horizon Value (Step 2) / (1 + r)^1

Here

Growth (g) will be 3.2% for the year 2 because D2 = D1 * (1 + g)

Horizon value = D1 * (1 + g) / (Ke – g) = $2.5056 * (1 + 3.2%) / (13.6% – 3.2%)

= $2.5858 / 0.0752 = $24.86 per share

So by putting the above values in the step 1, we have:

= $2.5056 / (1 + 0.136)1 + $24.86/(1 + 0.136)1

= $24.09 per share

3 0
2 years ago
An activity's normal time and cost are 8 and $100, respectively. its estimated crash time and cost are 6 and $160, respectively.
Sphinxa [80]
An activity's normal time and cost are = 8 and $100 respectively
estimated crash time and cost are = 6 and $160 respectively
Activity's crash cost per unit time = ?
crash cost per unit time = cost slope and,
cost slope = rise/run = (crash cost - normal cost) / (normal time - crash time) 
cost slope = (160 - 100) / (8 - 6) = 60 / 2 = $30
so, crash cost per unit time is $30.
3 0
2 years ago
Acadia, Inc. recorded restructuring charges of $235,542 thousand during fiscal 2017 related entirely to anticipated employee sep
Karolina [17]

Answer:

A. $205,899 thousand

Explanation:

cash flow effect = restructuring charges - the company’s balance sheet included a restructuring accrual

                           =  $235,542 thousand - $29,643 thousand

                           = $205,899 thousand

Therefore, The cash flow effect of Acadia’s restructuring during fiscal 2017 was $205,899 thousand.

4 0
2 years ago
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