Answer:
owww
Explanation:
In which of the following market structures do firms need to think strategically when making output decisions? a. Oligopoly b. Monopolistic Competition c. Monopoly d. Perfect Competition
Option - A : Oligopoly. The Oligopoly market structures do firms need to think strategically when making output decisions
A market structure known as an oligopoly occurs when a small number of businesses control the majority of the market and have the ability to set pricing. Firms in this sort of market must be aware of what their rivals are doing and react appropriately since changes in output by one business can have a big impact on the market and its rivals.
Although less so than in an oligopoly, companies in monopolistic competitive market structures still need to take their rivals' behaviour into account when deciding how to allocate resources. In monopolistic competition, several companies produce comparable but distinct goods, and while they have some market power, they are also in rivalry with one another. A single business dominates the market and has total control over pricing and output under a monopoly market structure.
For such more questions on Oligopoly:
brainly.com/question/14093864
#SPJ4
1. Why is running a Website typically lesa
expensive than running a storefront business?
Answer:
storefront businesses mean electricity bills, water bills, employee payments, while a website you usually pay one fee and get paid.
If a client has lump sum amounts at his or her disposal, or is ready to pay into a savings plan to accumulate that lump sum, an agent would recommend a _________ annuity.
If a client has lump sum amounts at his or her disposal, or is ready to pay into a savings plan to accumulate that lump sum, an agent would recommend an immediate annuity.
What does a immediate annuity means?An immediate payment annuity is a contract between an individual and an insurance company that guarantees income to the owner, or annuitant, beginning almost immediately.
It differs from a deferred annuity in that payments begin at a future date specified by the annuity owner. A single-premium immediate annuity (SPIA), an income annuity, or simply an immediate annuity is another name for an immediate payment annuity.
Read more about immediate annuity
brainly.com/question/28412062
#SPJ1
Hyundai Heavy Industries Co. is one of Korea’s largest industrial producers. According to an article in BusinessWeek Online, the company is not only the world’s largest shipbuilder but also manufactures other industrial goods ranging from construction equipment and marine engines to building power plants and oil refineries worldwide. Despite being a major industrial force in Korea, several of the company’s divisions are unprofitable, or “bleeding red ink” in the words of the article. Indeed, last year the power plant and oil refineries building division recorded a $105 million loss, or 19 percent of its sales. Hyundai Heavy Industries recently hired a new Chief executive officer (CEO) who is charged with the mission of bringing the unprofitable divisions back to profitability. According to BusinessWeek, Hyundai’s profit-driven Chief executive officer (CEO) has provided division heads with the following ultimatum: “…hive off money-losing businesses and deliver profits within a year—or else resign.” Suppose you are the head of the marine engine division and that it has been unprofitable for 7 of the last 10 years. While you build and sell in the competitive marine engines industry, your primary customer is Hyundai’s profitable ship-building division. This tight relationship is due, in large part, to the technical specifications of building ships around engines. Suppose that in our end-of-year report to the Chief executive officer (CEO) you must disclose that while your division reduced costs by 10 percent, it still remains unprofitable. Make an argument to the Chief executive officer (CEO) explaining why your division should not be shut down.
The argument that would be made to the CEO would be based on the fact that there are complementarities of cost as well as economies of scope.
The argument that is to be madeCost complementarities and economies of scope are likely to occur given the tightly linked marine engine and shipbuilding sectors.
Eliminating marine engine division can actually increase the costs of the shipbuilding division, making the shipbuilding division non-profitable.
Showing the CEO that quadratic multi-product, a cost function presents cost complementarities and an economies of scope, which will occur when a 0andf-aQ1Q2> 0, respectively, and compare the profitability under various scenarios would help this particular argument withstand criticism.
My justification for maintaining the distinction is as follows:
Our division is still growing and needs a few more years to reach its full potential.
Additionally, we introduced new equipment (technology) last year, which helped us cut costs by 10%. This year, thanks to our employees' thorough training on the new platform, we may cut costs even more in the upcoming fiscal year.
And because of the fresh investment in fixed capital, the division has suffered losses. i.e., even while total costs exceed entire revenues. The price of output is higher than the average variable cost.
As a result, the company has every right to continue operating because its AVC is greater than the price.
Read more on business competitions here: https://brainly.com/question/24625436
#SPJ1
Ignoring wages, what OTHER reasons do companies have to move production to developing
nations?
Apart from lower wages, companies have other reasons to move production to developing nations. Some of them include:
Lower cost of production: Developing nations often have lower costs of production, including rent, utilities, and raw materials, which can result in lower production costs for companies.
Access to resources: Developing nations may have access to natural resources or raw materials that are not available or are more expensive in developed nations.
Lower taxes: Developing nations may offer tax incentives or lower tax rates to companies to encourage investment and job creation.
Fewer regulations: Developing nations may have fewer environmental and labor regulations, making it easier and cheaper for companies to operate.
Learn more about developing nations here:
https://brainly.com/question/28375410
#SPJ1
Which stage of the product development cycle first involves a deep look into whether the demand is high enough to make the product profitable? A. test market B. financial analysis C. commercialization D. idea evaluation
Answer:
b
Explanation:
Suppose for the year 2015, Speedy Chef, a fast food restaurant, had a Gross Profit of $1,281,648. Speedy Chef had the following expenses:
Cost of Goods Sold $1,251,167
Selling Expense $70,578
Rent Expense $156,941
Utilities Expense $73,994
Insurance Expense $35,148
Wages $505,245
General & Administrative $24,358
Miscellaneous $32,968
Interest Expense $4,059
Income Tax Expense $60,596
What would Speedy Chef's Income Before Taxes be for 2015?
The Speedy Chef's Income Before Taxes for 2015 is -$873,406.
The following are the operating expenses for Speedy Chef for the year 2015:Cost of Goods Sold $1,251,167Selling Expense $70,578Rent Expense $156,941 Utilities Expense $73,994Insurance Expense $35,148Wages $505,245General & Administrative $24,358Miscellaneous $32,968Interest Expense $4,059Income Tax Expense $60,596.
The formula to determine the Income Before Taxes (IBT) of Speedy Chef for 2015 is given below:Income Before Taxes (IBT) = Gross Profit - Total Operating ExpensesTotal Operating Expenses = Cost of Goods Sold + Selling Expense + Rent Expense + Utilities Expense + Insurance Expense + Wages + General & Administrative + Miscellaneous + Interest Expense + Income Tax Expense.Substitute the given values,Income Before Taxes (IBT) = Gross Profit - Total Operating Expenses = $1,281,648 - $2,155,054 = -$873,406.
For more such questions Taxes,Click on
https://brainly.com/question/28798067
#SPJ8
we are twins me and streoberrie
Answer:
wow thats very cool nice
Answer:
thats not even u.. ion look like that either, dont b lying on the internet.
Explanation:
the picture i linked is me.
Customers might sometimes describe contradictory needs
Customers might sometimes describe contradictory needs which means Option C. Customers sometimes describe needs that oppose each other.
When customers require two different things that cannot be addressed by the same product, it is referred to as a conflicting requirement. There are many reasons why customers may have conflicting needs. Some customers might have a requirement for a product to be both inexpensive and of high quality, for example. Others may desire a product that is both small and powerful. Customers may sometimes find it difficult to articulate what they want, which might result in vague descriptions.
This might make it more difficult for the supplier to provide a solution that satisfies the customer’s needs. Customer service staff must be trained to engage with customers and listen actively to their concerns. They must also be able to identify when there is a contradictory requirement and provide solutions that address the customer's needs in a way that satisfies the customer's expectations while also meeting the supplier's operational needs. Understanding customer needs is an important part of the customer service profession, and it may take some time and effort to develop the necessary skills.
Some customers are very detailed in describing their needs, which can be beneficial for suppliers because it allows them to provide an appropriate solution for the customer. Overall, being aware of conflicting customer requirements is essential in the customer service sector to provide an effective solution. Therefore, the correct option is C.
The question was incomplete, Find the full content below:
Customers might sometimes describe contradictory needs.
A. A customer's needs can sometimes be confusing.
B. Customers might sometimes give vague descriptions.
C. Customers sometimes describe needs that oppose each other.
D. Some customers are extremely thorough in describing their needs.
Know more about Conflicting here:
https://brainly.com/question/2488396
#SPJ8
What are the different types of economic measurements used to analyze most economies
Answer:
The levels of poverty.
Exchange rate.
The productivity of laborers.
National debt/The total borrowings of the government.
Inequality in Income.
Real Disposable Income
The Misery Index.
Explanation:
The above are some of the distinct types of economic measurement methods that are employed to analyze the economic growth of a nation. The higher poverty level affects the economic growth negatively. Similarly, the exchange rate, the labor productivity, the amount of national debt, income inequality, etc. are the key factors that displays the economic health of a country. It helps show how well a nation has performed in a specific duration and where they are lagging behind in comparison to other nations.
Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows:
1. What is the materials quantity variance for March?
2. If Preble had purchased 171,000 pounds of materials at $7.20 per pound and used 155,000 pounds in production, what would be the materials quantity variance for March?
3. What is the labor rate variance for March?
4. What is the labor efficiency variance for March?
5. What is the labor spending variance for March?
Labor efficiency variance = (Actual hour * Standard rate) - (Standard hour * Standard rate).
Labor efficiency variance = $404,600 F
What is Labor efficiency variance?By "efficiency of labor," we mean a worker's ability to produce more or better work, or both, over the course of a given amount of time.
1) Labor efficiency variance = (68,000 * $17) - ((30,600 * 3) * $17)
Labor efficiency variance = $1,156,000 - (91,800 * $17)
Labor efficiency variance = $404,600 F
2) Variance in direct labor worked divided by variance in labor efficiency
Variance in labor costs is $404,600 - $68,000.
Variance in labor costs = $336,600 F
3) Planned unit sold minus variable overhead equals variable manufacturing overhead cost.
Manufacturing variable overhead cost = 24,000 * $21
$504,000 is the variable manufacturing overhead cost.
4) Planned unit sold minus variable overhead equals variable manufacturing overhead cost.
Cost of variable overhead in production = 30,600 * $21
$642,600 is the variable manufacturing overhead cost.
Learn more about Labor efficiency variance, here
https://brainly.com/question/28013719
#SPJ1
Helen Bedru is the assistant controller of Cotton Cravat Co., a subsidiary of HG automotive, which manufactures tailpipes, mufflers, and catalytic converters at several plants throughout Ethiopia . Because of pressure for lowerselling prices, Cotton Cravat Co. has had disappointing financial performance in recent years. Indeed, Helen is aware of rumblings from corporate headquarters threatening to close the plant. One of Helen's responsibilities is to present the plant's financial plans for the coming year to the corporate officers and board of directors. In preparing for the presentation, Helen was intrigued to note that the focal point of the budget presentation was a profit-volume graph projecting an increase in profits and a reduction in the break-even point. Curious as to how the improvement would be accomplished, Helen ultimately spoke with Kiruvel Mesfin, the plant manager. Kiruvel indicated that a planned increase in productivity would reduce variable costs and increase the contribution margin ratio. When asked how the productivity increase would be accomplished, Kiruvel made a vague reference to increasing the speed of the assembly line. Helen commented that speeding up the assembly line could lead to labor problems because the speed of the line was set by union contract. Kiruvel responded that he was afraid that if the speedup were opened to negotiation, the union would make a big "stink" that could result in the plant being closed. He indicated that the speedup was the "only way to save the plant, our jobs, and the jobs of all plant employees." Besides, he did not believe employees would notice a 2 or 3 percent increase in speed. Kiruvel concluded the meeting observing, "You need to emphasize the results we will accomplish next year, not the details of how we will accomplish those results. Top management does not want to be bored with details. If we accomplish what we propose in the budget, we will be in for a big bonus."
Required: What advice do you have for Helen Bedru?Support your response with sufficient and sound reasoning
Helen Bedru can present the year's budget based on speeding up the assembly line if Kiruvel can further convince her of the possibility of achieving the plant's target. All stakeholders should be interested in keeping the plant running.
It is the responsibility of Helen to get all the required data for the budget. The budget should be based on verifiable facts and figures without padding. If she is convinced that the plant manager's strategy is implementable, she should work out the budget based on this new strategy.
It makes business sense to allow the plant to lower its variable costs by speeding up the assembly line and eliminating inefficiencies.
Thus, Helen Bedru needs to work with Kiruvel on the details of his strategy to achieve the budget projections.
Learn more about a budget here: https://brainly.com/question/23789910
AK Inc. is paying 5% coupon rate for its bondholders over the next 8 years. Your required rate of return is 7 percent, how much this bond worth?
Answer: $880.57
Explanation:
Assuming Par value of bond is $1,000.
Value of bond = (Coupon * Present value interest factor of annuity, no. years, required return) + Par Value/ (1 + required return)^ no. of years
Coupon = 5% * 1,000 = $50
Value of bond = (50 * 5.9713) + 1,000 / (1 + 7%)⁸
= 298.565 + 582
= $880.57
hello. what's 117-2? :)
Answer:
115
Explanation:
117 -2 is 115 yeah that's it
Answer:
115
Explanation:
117-2
115
okokokokok
Can the Consumer Financial Protection Bureau or Better Business Bureau accredit companies? Does that agency require a
fee for accreditation? (1 point)
O Only the BBB accredits companies, and it requires a fee for accreditation.
O Only the CFPB accredits companies, and it requires a fee for accreditation.
O Only the BBB accredits companies and does not require a fee for accreditation.
O
Both the CFPB and the BBB accredit companies, but the CFPB offers free accreditation while the BBB
requires a fee.
The proper response is an option (A), which states that only the BBB accredits businesses and that accreditation is subject to payment.
Can the Better Business Bureau or Consumer Financial Protection Bureau accredit businesses? Does that organization charge a fee to become accredited?Businesses must pay a fee to the BBB to be "accredited," which is one of the ways it makes money. If a company is accredited, it may appear more reliable to clients because it can display the BBB's accreditation badge. A company must apply and pay a fee to be accredited.
What does the Better Business Bureau accreditation mean?If a company has earned BBB accreditation, it implies that BBB has decided that the company complies with accreditation requirements, which include a promise to resolve customer complaints in a good faith manner.
Learn more about Better Business Bureau: https://brainly.com/question/4166921
#SPJ13
Match the terms with the appropriate definition
1. cyber-safety
2. closing
a word added in front of your name
leg. Miss, Mrs., Ms. Me)
taking measures to keep personal
Information private in an online
environment
organization of information by date.
starting with the most recent experience
employment form used to collect
information about individuals applying
for a job
one or two words ending a
professional letter before your signature
3. job application
4. prefix
5. reverse chronological order
Answer:
see below
Explanation:
Match the terms with the appropriate definition
1. cyber-safety
taking measures to keep personal information private in an online
environment.
Cyber -safety is all about being secure and safe online. It is deploying strategies to avoid online-associated risks and their possible consequences.
2. Closing
one or two words ending a professional letter before your signature. Closing a letter signifies its end. The closing words show appreciation and respect for the recipient. Closing phrases are polite, respectful, and professional. They include
It has been a pleasure doing business with you
Thank you for your time and consideration
Please let me know if I can be of any more assistance
3. Job application
Organization of information by date. Starting with the most recent experience employment form used to collect information about individuals applying for a job.
A Job application is sent together with a resume to potential employers. It allows the applicant the chance to convince the employer that they are the best candidate for the job. Job applications indicate the position being applied and the contact details of the applicant.
4. Prefix
A word added in front of your name, e.g., Miss, Mrs., Ms. Me)
A prefix is a syllable or group of syllables that add more weight/meaning to a word when put before it. A prefix alters the meaning of the word before it. Other examples of prefixes include Dr, M.P., or Prof.
Someone help soon please!
Answer:
i'd go with some time in colage with ne degree. ;)
Explanation:
QUESTION 4 of 10: Venture capitalists often seek a return of 10 times their investment in 7 years. Approximately what is this compound
annual rate of return?
ОООО
a) 39%
b) 43%
c) 57%
d) 65%
Submit
C2021 Knowledge Matters, Inc.
Due Date: Mar 17, 2021 at 7:00 pm EUT
Answer:
A
Explanation:
The compound rate of the return annually will be 39%. Then the correct option is A.
What is compound interest?A loan or deposit's interest is computed using the starting principle and the interest payments from the ago decade as compound interest.
We know that the compound interest is given as
A = P(1 + r)ⁿ
Where A is the amount, P is the initial amount, r is the rate of interest, and n is the number of years.
Venture capitalists often seek a return of 10 times their investment in 7 years. Then the equation is given as,
10 = (1 + r)⁷
Simplify the equation, then we have
10 = (1 + r)⁷
log 10 = 7 log(1 + r)
log (1 + r) = 1 / 7
1 + r = 1.3895
r ≈ 0.39
r = 39%
The compound rate of the return annually will be 39%. Then the correct option is A.
More about the compound interest link is given below.
https://brainly.com/question/25857212
#SPJ6
What are other ethical concerns that Stilton may be facing?
Complete Question:
James Stilton is the chief executive officer (CEO) of RightLiving, Inc., a company that buys life insurance policies at a discount from terminally ill persons and sells the policies to investors. RightLiving pays the terminally ill patients a percentage of the future death benefit (usually 65%) and then sells the policies to investors for 85% of the value of the future benefit. The patients receive the cash to use for medical and other expenses, and the investors are "guaranteed" a positive return on their investment. The difference between the purchase and sale prices is RightLiving's profit.
Stilton is aware that some sick patients may obtain insurance policies through fraud (by not revealing their illness on the insurance application). An insurance company that discovers such fraud will cancel the policy and refuse to pay. Stilton believes that most of the policies he has purchased are legitimate, but he knows that some are probably not.
Requirement:
What are other ethical concerns that Stilton may be facing?
Answer with Explanation:
The ethical concerns of Stilton are as under:
Should he tell the investors about the fraud about the policies before making sales?What policies must be implemented so that the legitimate people can easily sell the policies and if not implemented it would not be fair for the RightLiving, Inc.Stilton will also be facing ethical concerns because the business wishes that the customer dies early so that they can benefit from increased deaths of policy holders.Suppose you are the money manager of a $2 million investment fund. The fund consists of four stocks with the following investments and betas. Stock Investment Beta A $ 200 000 1.50 B $ 300 000 -0.50 C $ 500 000 1.25 D $1000 000 O.75
If the market required rate of returns is 28 and the risk-free is 12%:
Calculate:
i. Stock A required rate of return
ii. Stock B required rate of return
iii. Stock C required rate of return
iv. Stock D required rate of return
v. What is the Fund’s required rate of return?
Answer:
5 ms
Explanation:
What is perfect competition? Discuss how firms in perfect competition are price takers?
Answer: Perfect competition occurs when there are many sellers in market , and there is easy entry and exiting of firms , all sellers have identical products and companies cannot determine prices .
Explanation: Price takers : It is a individual or company that must accept prevailing prices in a market , lacking the market share to influence market price on its own .
All economic participants are considered to be price takers in a market of perfect competition .
A perfectly competitive firm is known as price takers because the pressure of competing firms forces them to accept the prevailing equilibrium price in the market.
If a firm in a perfectly competitive market raises the price of its product by so much as a penny , it will lose all of its sales to competitors .
When a firm decreases the price of commodity , there will be a sharp increase in the demand which will be not met on time .
There is a negative profit in the long run for firms in perfect competition .
Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?
Using the appropriate tool from the Accountant Tools menu, the 4 options that can be batch reclassified in QuickBooks Online Accountant are options A, B, C and F:
ClassesCustomersProducts and ServicesAccountWhat is QuickBooks Online Accountant?In the above question, too batch reclassify these items, you can use the "Batch Reclassify Transactions" tool, which can be found under the Accountant Tools menu.
This tool allows you to select multiple transactions and reclassify them to a different account, class, customer, or product/service.
Therefore, Locations, tax codes, and suppliers cannot be batch reclassified using this tool. However, you can edit individual transactions to change their location, tax code, or supplier if necessary.
Learn more about QuickBooks Online from
https://brainly.com/question/24441347
#SPJ1
See full question below
Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?
Classes
Customers
Products and Services
Locations
Tax Code
Account
Suppliers
what are the impact of retail shop fitting strategy?
The impact of a retail shopfitting strategy is that it ensures that the retail store attracts and engages the customers.
What is retail shopfitting?Retail shopfitting is the use of colors, displays, and various fittings as a strategic business move and attractively fitting the retail shop, ensuring:
Increased visual impactCustomers find your storeIncreased customer salesThe communication of retail brandImproved business performance and profitability.Thus, the impact of a retail shopfitting strategy is that it ensures that the retail store attracts and engages the customers.
Learn more about retail shopfitting at https://brainly.com/question/6781493
#SPJ1
Multinational corporation is purchased a manufacturing plant in a foreign country with an exchange rate of $.3435 of the foreign currency equal in one US dollar, for a total cost of US$12,500,000. soon after the purchase, the countries, leader ship orders at the plant denationalized Amanda’s for the MNC sell the plant at a discounted exchange rate of $.2241. How much in US dollars for the MSC lose on the transaction?
According to the question of currency, the answer of MNC would lose $1,636,250.
What is currency?Currency is a medium of exchange that is used to purchase goods and services. It is usually issued by a government and accepted as a legal tender within its jurisdiction. It is generally made up of banknotes and coins, which are used to purchase goods and services. Currency can be divided into two categories, namely fiat currency and commodity currency.
To calculate this, we need to determine the difference between the original exchange rate and the discounted exchange rate. The difference is 0.1194, which we can multiply by the total cost of the plant in US dollars ($12,500,000).
0.1194 x 12,500,000 = 1,636,250
Therefore, the MNC would lose $1,636,250 on the transaction.
To learn more about currency
https://brainly.com/question/29544461
#SPJ1
1. Do you agree that Awake should be quiet about its Corporate Social Responsibility efforts? 2. If you were CEO of Awake, would you leverage your CSR efforts to market to customers who are more likely to purchase knowing you are considerate of people and planet? 3. What are some risks that you might encounter if you chose to market your CSR efforts loudly?
1. I do not agree that Awake should be quiet about its Corporate Social Responsibility efforts
2. I will leverage the CSR efforts to market to customers who are more likely to purchase knowing you are considerate of people and planet.
3. The risks that you might encounter if you chose to market your CSR efforts loudly is loss of competitive power.
What is the Corporate Social Responsibility?This refers to the idea that a firm should play a positive role in the community and consider the environmental and social impact of its business decisions.
The types of corporate social responsibility of business includes:
environmental responsibilityethical responsibilityphilanthropic responsibilityeconomic responsibilityRead more about Corporate Social Responsibility
brainly.com/question/1373962
#SPJ1
5. Prior to the CARES Act, up to what percentage of your income could be deducted as a donation to charity?
Answer: 60%
Explanation:
Prior to the CARES Act, individuals could generally deduct up to 60% of their adjusted gross income (AGI) as a donation to charity. This was known as the AGI limitation, and it was designed to ensure that taxpayers did not use charitable donations to excessively lower their taxable income.
Prior to the passage of the CARES Act, people could often donate up to 60% of their adjusted gross income (AGI) to charity. Hence option B is correct .
Prior to the CARES Act, up to what percentage of your income could be deducted as a donation to charity?The AGI threshold was put in place to prevent taxpayers from using charitable contributions to artificially reduce their taxable income.
Contributions can be sent in the form of a check, draught, or cash; however, sums of money given in cash that exceed Rs 10,000 are not tax deductible. The full amount of the donation or contribution is eligible for a tax refund.
Donations of more than Rs. 2,000 must be made in a method other than cash in order to qualify for deductions under Section 80G.
Learn more about CARES Act here
https://brainly.com/question/28851617
#SPJ1
On average, our representatives enroll one customer every 3 hours, while top performers make one sale per hour. How would you plan your workweek to maximize your earnings?*
Plan your workweek to maximize your earnings Identify peak sales hours, Set ambitious goals, Allocate more time during high-performance hours, Continuous improvement, Efficient time management, Develop strong customer relationships, and Continuous learning.
To maximize earnings in this scenario, it is important to strategically plan the workweek and focus on increasing the number of customer enrollments. Here is a potential plan to maximize earnings:
1. Identify peak sales hours: Analyze the data and determine the hours or time slots when sales are most likely to occur. This could be based on historical data or observations of customer behavior. Allocate more time during these peak hours to capitalize on potential sales opportunities.
2. Set ambitious goals: Aim to achieve or exceed the performance of top performers by setting ambitious sales goals. This mindset will drive motivation and focus throughout the workweek.
3. Allocate more time during high-performance hours: Dedicate a larger portion of the workweek to the hours when top performers make one sale per hour. By increasing the number of hours during these periods, there is a higher likelihood of securing more customer enrollments.
4. Continuous improvement: Regularly analyze and reflect on sales techniques and strategies. Identify areas for improvement and seek ways to refine your approach. This could involve studying successful sales tactics, attending sales training sessions, or seeking feedback from experienced colleagues or mentors.
5. Efficient time management: Optimize time management skills to ensure productivity during working hours. Eliminate distractions, prioritize tasks, and maintain a focused and organized work environment. This will help maximize the number of customer interactions and increase the chances of securing enrollments.
6. Develop strong customer relationships: Emphasize building rapport and establishing strong connections with potential customers. Focus on active listening, understanding their needs, and providing personalized solutions. By developing trust and fostering positive relationships, the likelihood of successful enrollments can increase.
7. Continuous learning: Stay updated on industry trends, product knowledge, and competitor offerings. This will enable you to effectively address customer inquiries, overcome objections, and provide value-added insights during sales interactions.
By implementing these strategies, planning the workweek to prioritize peak sales hours, setting ambitious goals, improving sales techniques, and managing time efficiently, you can increase the likelihood of maximizing earnings by securing a higher number of customer enrollments.
Know more about Strategically plan here:
https://brainly.com/question/29841727
#SPJ8
This chapter is all about trade--imports and exports and the balance of payments.
"The stock market may not be the best place to put your money in the short run, but it is a pretty good place to put your money in the long run." What does this statement mean?
This statement means that one must invest for a long period of time in the stock market. Stocks provide investors with the greatest potential for long-term gain (capital appreciation). Investors who are willing to own equities for a lengthy period of time, say 15 years, have generally been rewarded with significant, positive returns.
The phrase stock market refers to a number of exchanges where shares of publicly traded corporations can be bought and sold. Such financial activities are carried out through regulated exchanges and over-the-counter (OTC) marketplaces that follow a set of rules.
Stock markets are essential components of a free-market economy because they provide democratized access to investor trading and capital exchange. Stock exchanges promote effective price discovery and trading.
Therefore, stock market is good place if we make a investment for a long period of time.
To learn more on stock market, here:
https://brainly.com/question/13400473
#SPJ1
Production is an example of a marketing activity.
Question 1 options:
True
False