Adaptive selling and consultative selling are the two common types of the need-satisfaction presentation format.
What is adaptive selling and consultative selling?Every person is unique, as are the circumstances surrounding the sale of any product. A selling technique that is used according to the situation that is all customized by involving or adapting to the customer's communication style is known as adaptive selling.
In the consultative selling technique, the focus of the salesman is not on the number of products that are being sold out. The main focus is on the availability of solutions that are tailored to the customer's needs. In this type of selling, a salesman learns more about a customer's needs in a better and more effective way.
Therefore, adaptive selling and consultative selling are the two common types of the need satisfaction presentation format.
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a)Sold goods to Kriti on credit costing Rs. 8,000 for Rs. 10,000.
b)Paid salary in advance Rs. 15,000.
c)Rent outstanding Rs. 2,000.
d)purchased furniture for Rs. 12,000 giving Rs. 4,000 in cash and balance on credit.
e)furniture purchased and paid by cheque rs10,000.
:journal entry.
Answer:
Here are the journal entries for the given transactions:
a) Sold goods to Kriti on credit costing Rs. 8,000 for Rs. 10,000.
Debit: Accounts Receivable (Kriti) 10,000
Credit: Sales Revenue 10,000
Debit: Cost of Goods Sold 8,000
Credit: Inventory 8,000
Copy
b) Paid salary in advance Rs. 15,000.
Debit: Prepaid Salary 15,000
Credit: Cash 15,000
Copy
c) Rent outstanding Rs. 2,000.
Debit: Rent Expense 2,000
Credit: Accrued Rent Payable 2,000
Copy
d) Purchased furniture for Rs. 12,000 giving Rs. 4,000 in cash and balance on credit.
Debit: Furniture 12,000
Credit: Cash 4,000
Credit: Accounts Payable 8,000
Copy
e) Furniture purchased and paid by cheque rs10,000.
Debit: Furniture 10,000
Credit: Cash (or Bank if paid by cheque) 10,000
Three roads lead into a stadium's parking areas. Each road has four lanes (two in each direction) with a capacity of 1,000 vehicles/lane/hour. If 10,000 vehicles are expected for a game, how long will it take for all of them to enter the parking areas?
Answer:
Option A
Explanation:
The complete question is
Three roads lead into a stadium's parking areas. Each road has four lanes (two in each direction) with a capacity of 1,000 vehicles/lane/hour. If 10,000 vehicles are expected for a game, how long will it take for all of them to enter the parking areas?
a) 2 hours
b) 1 hour
c) 1 hour and 40 minutes
d) 90 minutes
Solution
There are four lanes.
Capacity of one lane is equal to 1,000 vehicles/lane/hour.
Let us say that each lane will provide access to equal number of vehicles
Thus, each lane will allow 10,000/4 = 2500 vehicles per hour
Time taken by 2500 vehicles on road to reach parking is equal to 2.5 hours.
The nearest answer to this option A i.e two hours
why do business need funding
Which type of multiple protection policy pays on the death of the last person?
A. Joint Life Policy
B. Dual Life Policy
C. Multiple Life Policy
D. Survivorship Life Policy
The type of multiple protection policy pays on the death of the last person is Survivorship Life Policy.
A Survivorship Life Policy is the type of multiple protection policy that pays on the death of the last person. Also known as a "second-to-die" policy, it is commonly used in estate planning or when insuring the lives of business partners or spouses.
In a Survivorship Life Policy, the coverage is typically provided for two individuals, such as a married couple. The death benefit is paid out only after both insured individuals have passed away. This means that the policy does not pay a death benefit upon the death of the first insured person, but rather upon the death of the last surviving insured person.
This type of policy is often used to provide financial support for surviving beneficiaries, cover estate taxes, or ensure the passing on of wealth to future generations. It can be an effective way to provide protection when the financial impact is expected to occur upon the death of the second individual.
The type of multiple protection policy that pays on the death of the last person is a Survivorship Life Policy, also known as a "second-to-die" policy.
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Advertising plans include: (select 3 that apply)
HELP ASAPSelect 3 correct answer(s)
developing a marketing strategy
evaluating the results of the advertising
determining the target market
setting an advertising budget
o discrediting the competition
Advertising plans include defining the target market, setting an advertising budget, and evaluating advertising results.
An advertising plan can be defined as a strategy used by companies to:
attract and retain consumers.For this, it is necessary for the organization to define its target market, the necessary budget and the communication channels where its advertising will be shown.
It is also essential to monitor and evaluate advertising results to understand how advertising has impacted audiences and achieved expected results.
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Answer:B,C,D
Explanation:
What do you mean by ECONOMIC
Answer:
Economics is a social science concerned with the production, distribution, and consumption of goods and services.
who do the members of the board of directors of a public corporation primarily represent?
The members of the board of directors of a public corporation primarily represent the shareholders. The main task of the board of directors of a public corporation is to manage the corporation, determine the policies, and provide guidance and supervision for the corporation's management.
A public corporation is a corporation that has issued its shares to the general public through an initial public offering (IPO) and is traded on a stock exchange, allowing anyone to invest in its shares. The board of directors of a public corporation is responsible for approving the corporation's policies and objectives, appointing the CEO and other key executives, and overseeing the corporation's performance.
Furthermore, the board of directors is responsible for representing the shareholders' interests and ensuring that the corporation is operating in its best interests. The board's decisions affect the corporation's overall direction, including its financial goals and policies. The board of directors of a public corporation represents the shareholders, who own the company's shares, and is responsible for protecting their interests.
As a result, board members must make decisions that are in the best interests of shareholders rather than their own. They have a fiduciary duty to act in the best interests of shareholders and must exercise their powers and duties with the care, diligence, and skill that a reasonable person would exercise in similar circumstances.
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What are two ways depository institutions keep your money safe?
The FDIC promises that customers will receive their savings back up to a predetermined amount in the rare event of a bank failure. The current cap for a single account is $250,000 per account. In order to stop hackers from emptying accounts with fraudulent activities, banks also employ sophisticated fraud detection systems.
Savings accounts are a secure location to keep your money because the FDIC for bank accounts and the NCUA for credit union accounts both guarantee all deposits made by customers. In the United States, there are three main categories of depository organizations. These include credit unions, commercial banks, and thrifts (which also include savings and loan organizations and savings banks).
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Match each component of a mortgage with its definition.
the amount a borrower needs to have
on hand to obtain a mortgage
taxes
the amount initially borrowed from a
lender
fees
the additional costs a lender charges
for processing a loan
principal
payments homeowners are required
to make each year to the government
down payment
Answer:
Fees-the additional costs a lender charged for processing a loan
Principal-The amount initially borrowed from a lender
Taxes-payments homeowners are required to make each year to the government
Down payment- the amount a borrower needs to have on hand to obtain a mortgage
Explanation:
The product of 59,736 and 600 is
A) 29,868,000
B) 34,761,600
C) 35,625,600
D) 35,841,600
Answer:
D) 35,841,600Explanation:
I Hope That's Correct ✓ :)
Sample T-Shirt Company, INC has a huge profit margin, but very slow growth.
What do you suggest they spend money on to improve their growth?
Sample T-Shirt Company, INC should spend its money on marketing to improve its growth.
Market penetration and development will help the company to reverse the slow growth that it is witnessing.
Marketing strategies help a company to reach its intended customers with its products and services.
Thus, T-Shirt Company, INC. should invest in the marketing of its products.
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if the wage exceeds the value of the marginal product of labor, then hiring another worker . t/f
The statement is False. If the wage exceeds the value of the marginal product of labor, hiring another worker would not be economically feasible.
When the wage exceeds the value of the marginal product of labor, it would not be cost-effective to hire another worker. The value of the marginal product of labor represents the additional output or value generated by employing an additional worker. If the wage paid to a worker is higher than the value they contribute to production, it would result in a loss or inefficiency for the employer.
In a competitive labor market, employers typically aim to maximize their profits by hiring workers as long as the value of their contribution (marginal product) exceeds the wage paid. This ensures that the additional output generated by the worker is higher than the cost incurred by employing them. However, when the wage surpasses the value of the worker's marginal product, hiring another worker would lead to a situation where the cost exceeds the benefit, and the employer would incur losses.
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According to Keynesian theory, what is the most important determinant of households' spending on goods and services
A) Autonomous consumption
B) Government spending
C) The price level
D) The interest rate
E) Disposable income
Which type of chart or graph shows data with distinct x and y values?
O a bar graph
O a scatter plot
O a line chart
O a pie chart
Answer:
A. a bar graph is the answer
what is 1635436743 times 76354
Answer:
1.2487214e+14
Explanation:
When you add the value of a Maryam's benefits to her salary how much is she earning per year
82,500Answer:
Explanation:
Aero Aluminium Inc. uses a process cost system. the records for may show the following information
Production Report Rolling Converting units in progress, May 1 5000. 10000
Started during the month. 20000 Received from prior department. 15000 Finished and transferred. 15000. 10000 Finished and on hand. 5000 Unit in process, May 31. 5000. 15000 Stage of completion 1/5 1/3 Production Cost:
Work in process, May 31. Cost transferred in from rolling 50000 materials 5000. 5000 labour 6450 5500 factory overheads 3550 3500
Cost incurred during the month:
Materials 37000. 40000 Labour 45000. 44000 Factory overheads 50000. 37000 Total 147000. 185000
Required:
Prepare a cost of production summary for each department. Hint: when preparing the converting production summary, refer to the rolling production summary for the costs transferred in during the month.
Total cost of units in ending work in process inventory: $20,833 The following are the cost of production summaries for Aero Aluminium Inc.:
Rolling Department Production Summary
Units Accounted For
Unit production:
Started during the month: 20,000
Transferred to the next department: 15,000
In progress, May 31 (1/5 complete): 5,000
Total Units Accounted For: 40,000
Costs
Costs transferred in from prior department: $50,000
Materials: $5,000
Labor: $6,450
Factory overheads: $3,550
Total costs accounted for: $65,000
Cost per Equivalent Unit
Costs transferred in from prior department: $1.25
Materials: $0.13
Labor: $0.33
Factory overheads: $0.18
Total cost per equivalent unit: $1.89
Total Cost of Units Finished and Transferred Out
= (15,000 units × $1.89 per equivalent unit)
= $28,350.
Units Accounted For Unit production:
Transferred in from the prior department: 15,000
Started during the month: 20,000
Total units accounted for: 35,000Costs
Costs transferred in from prior department: $28,350
Materials: $40,000
Labor: $44,000
Factory overheads: $37,000
Total costs accounted for: $149,350
Cost per Equivalent Unit
Costs transferred in from prior department: $1.89
Materials: $1.14
Labor: $1.00
Factory overheads: $0.93
Total cost per equivalent unit: $4.96
Units Accounted For
Unit production:
In progress, May 31 (1/3 complete): 15,000
Total units accounted for: 15,000
Costs
Costs incurred during the month:
Materials: $40,000
Labor: $44,000
Factory overheads: $37,000
Total costs accounted for: $121,350
Total Cost of Units Finished and Transferred Out
= (15,000 units × $4.96 per equivalent unit)
= $74,400.
Cost of Units in Ending Work in Process
Inventory May 31
Costs
In progress, May 31 (1/3 complete): 15,000
Total cost in ending work in process inventory:
Materials: $6,667
Labor: $7,333
Factory overheads: $6,833
When preparing the converting production summary, refer to the rolling production summary for the costs transferred in during the month.
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magnus’s budget is $25, and he wants to buy pizzas (x) and burgers (y). the price of each pizza is $17, and the price of each burger is $9. what is the x-intercept of magnus’s budget line?
To find the x-intercept of Magnus's budget line, we need to first understand what a budget line is. A budget line is a graphical representation of the different combinations of two goods that can be purchased with a given budget. It shows the different quantities of two goods that can be purchased with a fixed amount of money.
In Magnus's case, he has a budget of $25, and he wants to buy pizzas and burgers. The price of each pizza is $17, and the price of each burger is $9. We can write an equation for Magnus's budget line as follows:
$17x + $9y = $25, where x is the number of pizzas and y is the number of burgers.
To find the x-intercept, we set y = 0 in the equation above, which gives:
$17x + $9(0) = $25
Simplifying the equation, we get:
$17x = $25
Dividing both sides by $17, we get:
x = 1.47
So the x-intercept of Magnus's budget line is approximately 1.47 pizzas. This means that Magnus can buy 1.47 pizzas and no burgers with his budget of $25.
Any point on the budget line that lies to the left of this x-intercept represents a combination of pizzas and burgers that Magnus cannot afford. Any point on the budget line that lies to the right of this x-intercept represents a combination of pizzas and burgers that Magnus can afford.
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Magnus can buy approximately 1.47 pizzas with his budget of $25 when he spends all his money on pizzas.
To find the x-intercept of Magnus's budget line, we need to determine the number of pizzas (x) he can buy when he spends his entire budget of $25.
Let's assume he spends all his budget on pizzas and none on burgers
The price of each pizza is $17, so we can set up the equation:
17x + 9y = 25
Substituting y = 0 (since he spends nothing on burgers), the equation becomes:
17x + 9(0) = 25
17x = 25
x = 25/17 ≈ 1.47
The x-intercept of Magnus's budget line is approximately 1.47.
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In the Challenge Solution, would it make a difference to the analysis whether the lump-sum costs such as registration fees are collected annually or only once when the firm starts operation? How would each of these franchise taxes affect the firm's long-run supply curve? The Federal Motor Carrier Safety Administration (FMCSA) along with state transportation agencies in 38 states administer interstate trucking licenses through a Single State Registration System. However, the registration process is complex, time consuming, and expensive. There are many fees and costly regulations that a trucker or firm must meet to operate. For example, for a large truck, the annual federal interstate registration fee can exceed $8,000. These largely lump-sum costswhich are not related to the number of miles drivenhave increased substantially in recent years. What effect do these new fixed costs have on the trucking market price and quantity? Are individual firms providing more or fewer trucking services? Does the number of firms in the market rise or fall? The Challenge Solution suggests the market price will increase and the market quantity will decrease. Further, the number of firms in the market will fall, although each firm remaining in the market will produce more. Instead of being collected annually, if the lump-sum costs are collected only once (when the firm starts operation), then
Answer:
The answer is "nothing changes because the fees would still be fixed costs."
Explanation:
When annual expenses throughout the cash payment are recovered, a long-term delivery curve of both the company will change.
When the lump sum costs are still only obtained once, the long-term supply curve shall be changed.
It is because, regardless of how it is paid, this tv license has little effect mostly on low cost but only a fixed cost. Its amount of output relies on how well the cost of the profit changes. Provided these are fixed costs, their performance doesn't matter.
Why do you think brand advocates willingly promote companies via social media? Explain.
Answer:
As a form of celebrity and endorsement. The company will be viewed by the potential millions of people that follow those brand advocates. This allows the brand to reach a wider audience and raise profits. that is why brand advocates willingly promote companies via social media?
Explanation:
hope this helps. ; )
Could someone help me please?
Answer: Yes Definitely. But i need the question
Explanation:
you can get the solution on Brainly straightly.
25. Payments made by Ashanti Geld Cerporation to its sharcholders, in the form of either cash, stock, or payments in kind, are called: A) Retained Earnings. B) Net Income. C) Dividendx. D) Redistributions. E) Infused Equiry 26. The income statement of a con-anany mersures what on a periodic basis? N) Stock market speculations. ii Imvestor confidence. ๑ Performance of the cempany daring a gurticular peried. b) Financial Position. n. Management's confidence. 27. All of the following statements are true except. Understanding of the balance shect analysis provides critical strategic decisions to werrs incluating Matugentent, Investors, and Analysts. A. Information concerning the optimal esage of resources to increase Shasebolder value. m. Enable Managensent of the Corporation assess and evaluate future debt obligations coming duc. of Information based on financial data to determine when Management can make distritutives to Owners. to Information based on finascial data relative to the Company's ability to pay its near-tcrm eperating needs. Ginfoctuation relative to how Managenent can manipulate its financials to boost imvestor confidence. 28. Resoarces controlled by a compuny as a result of past events are classified as: A) Equiry, B) Assets. C) Liability. D) Income. E) Expense. 29. Conaparing Preferred shurcholder rights to a common sharebolder, what is the most likelf benefit of a common sharebolder? A) Voting Rights. B) Unlimited liability. C) Limited liability. D) Preferential treatment, E) Cash flow rights. 30. In a all the partners share in the gaints or losses equally and have for all purtnership debe. A) General Partnenhlip, Unlimited Liability. B) Limited Partncrship. Limitod Liability. C) Limited Partnership. Unlimitod Liability. D) General Partnership, Limited Lability. E) Sole Proprietorship, Untimiled Liability
Dividends. Performance of the company during a particular period. Information based on financial data relative to the company's ability to pay its near-term operating needs.Assets Voting Rights. General Partnership, Unlimited Liability.
What does the income statement of a company measure on a periodic basis?What are payments made by Ashanti Geld Corporation to its shareholders called?
What does the income statement of a company measure on a periodic basis?
Which statement is not true regarding balance sheet analysis? 28. What are resources controlled by a company as a result of past events classified as?.
What is the most likely benefit of a common shareholder compared to a preferred shareholder?
In which type of partnership do all partners share in gains or losses equally and have unlimited liability for partnership debts?
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Why can't a profitable company like Hampton repay its loan on time and why does it need more bank financing? What major developments between November 1978 and August 1979 have contributed to this situation? You should prepare a source and use statement and conduct a ratio analysis to evaluate the firm's performance during this period
Hampton Company is unable to repay its loan on time due to a series of major developments that have occurred between November 1978 and August 1979.
These developments include a sharp decrease in the demand for its products, a sharp increase in production costs, and a decrease in the availability of bank financing.
A source and use statement along with a ratio analysis would be able to provide a better understanding of the firm’s performance during this period.
The source and use statement would allow for the identification of the sources of the firm’s funds and the uses to which the funds have been put, while the ratio analysis would provide an insight into the firm’s financial health and performance. This information would be helpful in assessing the firm’s ability to repay its loan on time.
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Question 6 of 10
What is division of labor?
OA. This is when an individual focuses on many different skills and
aspects of a business.
OB. This is when an organization can produce goods more cost
effectively when it produces higher volumes of that good.
OC. This is when an organization is able to produce goods at a lower
cost and sell for a lower cost to make a profit.
OD. Another name for specialization, this is when an individual focuses
on one specific skill in the field.
SUBMIT
Division of labor is a key concept in business and economics, allowing organizations to produce goods and services more efficiently and effectively, and contributing to economic growth and development. Option B
Division of labor is a concept that refers to the process of breaking down a larger task or project into smaller, more manageable tasks that can be completed by different individuals or groups. This allows each individual or group to focus on a specific task or set of tasks, increasing efficiency and productivity in the workplace.
The benefits of division of labor include increased specialization, which allows individuals to become more skilled and efficient in their specific area of expertise.
This can result in higher quality products or services, as well as cost savings through increased efficiency and reduced waste. Additionally, division of labor can lead to increased job satisfaction, as individuals are able to focus on tasks they are skilled at and enjoy.
There are different types of division of labor, including horizontal and vertical division of labor. Horizontal division of labor refers to the process of dividing tasks among workers at the same level of hierarchy, while vertical division of labor refers to the process of dividing tasks among workers at different levels of hierarchy. Option B
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How do oligopoly market maximize their production and price?
The oligopolist maximizes profits by equating marginal income and marginal cost, resulting in an equilibrium output of Q units and an equilibrium price of P.
Exactly what is oligopoly?An oligopoly is established when a small group of significant producers or vendors control a considerable portion of the market or an entire sector. Oligopolies are frequently created as a result of the goal to maximize profits and can result in corporate cooperation. The results include less competition, higher consumer prices, and lower employee compensation.
Some of the businesses that have been labeled as oligopolistic include civil aviation, energy suppliers, telecommunications firms, rail freight markets, food processing, funeral services, sugar refining, beer production, pulp and paper manufacturing, and auto manufacturing.
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During his interview with the human resource manager, kent asked about the benefits the company provided. What would be one thing the hr manager might tell kent about with regard to benefits? multiple choice question
One thing the hr manager might tell kent about with regard to benefits is B. vacation.
How to illustrate the information?Employee benefits cover your workforce's indirect pay. This can include health insurance, stock options, or any number of other benefits provided to employees. While two jobs may pay the same, they may differ greatly in terms of benefits, making one a better financial proposition than the other.
Human resource management is a strategic and coherent approach to the effective and efficient management of people in a company or organization so that they can help the company gain a competitive advantage. It is intended to maximize employee performance in support of an employer's strategic goals.
The Human Resource Manager, among other things, hires and interviews new employees and manages pay rates. This person must set a good example by maintaining good communication skills while working on complex problems.
Vacation is a benefit that van be enjoyed.
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Complete question
During his interview with the human resource manager, kent asked about the benefits the company provided. What would be one thing the hr manager might tell kent about with regard to benefits?
salary
vacation for employees
health insurance
a financial plan is most influenced by
Answer: priorities and goals
Explanation: because
The financial plan is most influenced by priorities and goals Option(b) is correct.
What does Financial Plan means?Overall utilization, a financial plan is a complete assessment of a singular's ongoing compensation and future financial state by utilizing current known factors to foresee future pay, resource values and withdrawal plans.
In business, a financial plan can allude to the three essential financial assertions monetary record, pay explanation, and income proclamation) made inside a field-tested strategy. Financial estimate or financial plan can likewise allude to a yearly projection of pay and costs for an organization, division, or division.
A financial plan can likewise be an assessment of money needs and a choice on the most proficient method to raise the money, like through getting or giving extra offers in an organization A financial plan might contain forthcoming financial explanations, which are comparative, however unique, than a financial plan. Financial plans are the whole financial bookkeeping outline of an organization. Complete financial plans contain all periods and exchange types.
Therefore Option(b) is correct.
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karen is the sole breadwinner of her family. every month, karen has to pay electricity bills, water bills, and house rent. in this scenario, karen's fixed monthly expenses are referred to as .
Karen's fixed monthly expenses are her essential living expenses, which include payments for electricity bills, water bills, and house rent. These expenses are considered fixed because they remain constant each month and are necessary for her and her family's basic needs.
As the sole breadwinner, Karen is responsible for ensuring that these expenses are paid on time to maintain a stable living environment. These fixed expenses are critical to Karen's financial planning, and they take priority over other discretionary expenses such as entertainment or dining out. To effectively manage her finances, Karen needs to create a budget that accounts for her fixed monthly expenses, including her essential living expenses. This budget will help her to determine her monthly income requirements and allocate her funds accordingly, ensuring that she can cover all of her necessary expenses and avoid falling into debt. In summary, Karen's fixed monthly expenses are her essential living expenses, which are crucial to maintaining a stable living environment for herself and her family. To manage her finances effectively, Karen must create a budget that prioritizes these expenses and allocates her funds accordingly.
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PLEASE HELP ME!!!!!
Which of the following is a physical
printout of a document in a financial or insurance company's database as a
back up to electronic storage?
A. hardcopy
B. pretext
C. webcopy
Answer:
Pretext
Explanation:
A credit memorandum results in a(n) _____ in a customer's accounts receivable file.
A. Increase
B. Decrease
C. Transfer
D. Memo