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liberstina [14]
2 years ago
13

During a management meeting, Lester, the CEO of Elite Office Equipment, reminded his management team of where the company wants

to go as an organization: "Elite Office Equipment is the expert that customers should always call regarding all their office equipment needs because we strive to understand customer needs and provide the right answers for them." This statement is Top Office Equipment's _______.
Business
1 answer:
REY [17]2 years ago
7 0

Answer: Vision statement

Explanation:

Vision statement is referred to as or known as an organization's road map, which tends to indicate what the organization believes to become and achieve by putting forth a well defined direction and route for the organization's growth. These statements usually undergo the minimal revisions throughout the lifetime of an organization, unlike the operational goals that might be revised on yearly basis.

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In the context of the most common sales presentation types, which of the following statements is true about the standard memoriz
Arisa [49]

Answer:

A) Its effectiveness is limited because it offers no opportunity for the salesperson to tailor the presentation to the needs of a specific customer

Explanation:

An standard memorized presentation is a sales presentation that is repeated over and over again to different clients. Actually it should include the best highlights and key selling points, but none the less, it is basically the same presentation every time. Depending on what you are selling and if you are a new salesperson, this might be effective, for example for selling pharmaceutical products, since you are always selling to the same audience, doctors.

But I sincerely doubt that this technique is effective most of the time or at last for most products. People have a tendency to be curious, so generally your clients will ask you things about your products and also your clients are not always the same. Imagine if you are trying to sell clothes, cars or furniture, etc., your sales pitch should not be same for all your clients.

3 0
2 years ago
Cassandra's Boutique has 2,100 shares outstanding at a market price per share of $26. Sally's has 3,000 shares outstanding at a
stiv31 [10]

Answer:

$56,600

Explanation:

Given that,

Cassandra's Boutique:

2,100 shares outstanding at a market price per share of $26.

Sally's:

3,000 shares outstanding at a market price of $41 a share.

Acquiring Cassandra's boutique for cash = $58,000

Incremental value of the acquisition = $2,000

We can get the value of Cassandra's Boutique to Sally's by adding the incremental value of the acquisition to the market value of the shares of Cassandra's Boutique.

Firstly, we are calculating the market value of Cassandra's Boutique:

= Outstanding shares × Market price per share

= 2,100 × $26

= $54,600

Therefore, the value of Cassandra's Boutique to Sally's is as follows:

= market value of Cassandra's Boutique + Incremental value of the acquisition

= $54,600 + $2,000

= $56,600

7 0
2 years ago
Jeremy is concerned about his selection of a new hair spray because he is concerned it will not perform as well as his usual bra
svet-max [94.6K]

Answer:

D. social risk

Explanation:

Social risk -

It refers to a specific action , which might affect the well established reputation in the society , is referred to as the social risk .

The action could be the launch of new product , issue in the product ,  violating any norms of business , corruption etc.

The act can capability hamper the consumers and hence have the risk of losing the consumer , which can have the negative affect on the business .

Hence , from the given scenario of the question ,

The correct answer is social risk .

5 0
2 years ago
The Reynolds Corporation buys from its suppliers on terms of 2/19, net 50. Reynolds has not been utilizing the discounts offered
harina [27]

Answer:

23.68%

Explanation:

The computation of the cost of not taking a cash discount is shown below:-

Cost of not taking a cash discount = [Discount percentage ÷ (100% - Disc.%)] × (360 ÷ (Final due date - Discount period))

= (2% ÷ 98%) × (360 ÷ (50 - 19))

= 2.04% × 11.61

= 23.68%

Therefore for computing the cost of not taking a cash discount we simply applied the above formula.

4 0
2 years ago
Michael is a sales representative who spends a great deal of time out on the road and infrequently communicates with the rest of
hoa [83]

Answer: An Isolate

Explanation:

An Isolate is a person who is separated from others and so does not communicate with others a lot. This person most likely prefers to be alone and can do without human company or communication for extended periods.

Micheal is usually out on the road which means he is often separated from the rest of his colleagues and on top of that he infrequently communicates with them which are signs that he is an isolate.

5 0
2 years ago
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