Please help it's urgent
The net realisable value is often lower than the cost of the product is damaged or obsolete (out of date). Select one: O True O False
Answers
Due to the net realisable value refers to the estimated selling price of an item, less the cost of any necessary repairs and less the cost of selling the item, the statement is true.
It reflects the price that a seller can reasonably expect to receive for goods or services, after deducting the costs of selling those goods or services. Damaged or obsolete products are typically sold at a lower price than undamaged, up-to-date products.
This means that the net realisable value of such products will be lower than the cost of the product itself. In conclusion, the net realisable value of damaged or obsolete products will likely be lower than their original cost, which makes the statement true.
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Related Questions
In the portfolio matrix, characteristics of goods and services in the leverage quadrant are:Multiple Choicecompetitive supply market, substitution is possible, total cost is a primary focuspetitive supply market, substitution is possible, price per unit is important.item substitution is possible, switching is difficult, many suppliers are available.item substitution and supplier switching are possible, but few suppliers are capable.few suppliers with adequate capability so substitution and switching are difficult.
Answers
Answer:
Competitive supply market, substitution is possible, price per unit is important.
Explanation:
A portfolio variance is used to determine the overall risk or dispersion of returns of a portfolio and it is the square of the standard deviation associated with the particular portfolio.
The portfolio variance is given by the equation;
\(Variance = w^{2}_{1} d^{2}_{1} + w^{2}_{2} d^{2}_{2}+2w_{1}w_{2}C_{OV_{1, 2}}\)
Where;
\(w_{n}\) = the weight of the nth security.
\(d^{2}_{n}\) = the variance of the nth security.
\(C_{OV_{1, 2}}\) = the covariance of the two security.
In the portfolio matrix, characteristics of goods and services in the leverage quadrant are competitive supply market, substitution is possible, price per unit is important. Thus, the leverage quadrant represents a significant part of expenditures and are really important for a business.
If the price of biscuit per packet increased from N250 to N500 and the quantity bought per week decreased from 300 to 200 packets, determine the elasticity of demand for biscuit.
Answers
Answer:
The the elasticity of demand for biscuit is -0.33.
Explanation:
Elasticity demand is the degree of responsiveness of quantity demanded for a commodity to a change in the price of that commodity.
The elasticity of demand for biscuit can be calculated using the following elasticity of demand formula:
Elasticity of demand = Percentage change in Qd / Percentage change in price .................. (1)
Where Qd denotes quantity demanded.
Percentage change in Qd = [(New Quantity - Old Quantity) / Old quantity] * 100 = [(200 - 300) / 300] * 100 = -33.33%
Percentage change in price = [(New price - Old price) / Old price] * 100 = [(N500 - N250) / N250] * 100 = 100%
Substituting the values into equation (1), we have:
Elasticity of demand = -33.33% / 100% = - 0.33
Therefore, the the elasticity of demand for biscuit is -0.33.
Note that since -0.33 in absolute term |-0.33| is less than 1, the demand for biscuit is inelastic. That is, the change in the quantity demanded for biscuit responds less than the change in its price.
Who is recognized as the founder of public choice theory?
James Buchanan.
Steve Forbes.
Joseph Pechman.
Adam Smith.
Answers
Answer:
Adam Smith
Explanation:
who can answer this?
1) explain how an unhealthy lifestyle puts people at a much higher risk if heart attack
2) what is the role or your digestive system?
3) what does the secretary system to and which organs are involved ?
4) what us dissection? why is it important in science.
5)what do blood cells do and why is there job so important?
6) how are arteries, veins and capillaries different? explain briefly in own sentences :) thanks
Answers
1. The risk for heart disease can increase even more when heredity combines with unhealthy lifestyle choices, such as smoking cigarettes and eating an unhealthy diet. Eating a diet high in saturated fats, trans fat, and cholesterol has been linked to heart disease and related conditions, such as atherosclerosis. Also, too much salt (sodium) in the diet can raise blood pressure. The 3 key rick factors that can cause a heart attack are high blood pressure, high cholesterol, and smoking.
2. The digestive system is responsible for taking whole foods and turning them into energy and nutrients to allow the body to function, grow, and repair itself.
3. The secretory pathway refers to the endoplasmic reticulum, Golgi apparatus and the vesicles that travel in between them as well as the cell membrane and lysosomes. It's named 'secretory' for being the pathway by which the cell secretes proteins into the extracellular environment.
4. Dissection is the dismembering of the body of a deceased animal or plant to study its anatomical structure. Helps students learn about the internal structures of animals. It helps people learn how the tissues and organs are interrelated, and gives them an appreciation of the complexity of organisms in a hands-on learning environment.
5. Red blood cells carry oxygen from our lungs to the rest of our bodies. Then they make the return trip, taking carbon dioxide back to our lungs to be exhaled.
6. Arteries deliver oxygen rich blood to the capillaries. Capillaries bring oxygen poor blood to the veins to convey back to the lungs and heart. Veins carry the blood back to the heart.
How did I do?
This jacket is so thin. It can't possibly keep out the rain."(Use the boomerang method.)
Answers
Answer:
The jacket is thin because it uses a fiber called thinsulate that enables it to have the lightest weight but is also the warmest.
Explanation:
In general marketing, the boomerang method refers to the 'reconstruction' of the customer's objection into the main reason for buying. In other words, using the same excuse that a customer has about a product to entice him/her to buy that product by reframing it as a selling point is known as the boomerang method.
In the given scenario, the customer's objection is about the thinness of the jacket can be used as a selling point by the salesman by stating that the lightness of the jacket is what makes it a good product. So, if the seller tells the customer "the jacket is thin because it uses a fiber called Thinsulate that makes it thin but also warm", then that will make it an interesting and important factor for the customer to like the product more.
A bottle of Chivas Regal, a scotch whiskey made in the U.K., costs 30£. What is the price in dollars when the exchange rate a. E$E=1.2 ? b. E$/=1.35 ? A bottle of Johnnie Walker, a Kentucky bourbon, costs $30. What is the cost in pounds when a. E$/f=1.2 ? b. E/£=1.35 ?
Answers
A bottle of Chivas Regal costs $36 when the exchange rate is E£/$ = 1.2
How to find?When the exchange rate is E£/$ = 1.2:
£1 = $1.2£30
= 30 x 1.2
= $36.
Thus, a bottle of Chivas Regal costs $36 when the exchange rate is E£/$ = 1.2.
b. When the exchange rate is E£/$ = 1.35:
£1 = $1.35£30
= 30 x 1.35
= $40.50.
Thus, a bottle of Chivas Regal costs $40.50 when the exchange rate is E£/$ = 1.35. The given cost of a bottle of Johnnie Walker, a Kentucky bourbon, is $30.
Now, let's calculate the cost in pounds.
a. When the exchange rate is E$/£ = 1.2:
$1 = £0.83333$30
= £25 (approximately)
Thus, a bottle of Johnnie Walker costs £25 when the exchange rate is E$/£ = 1.2.
b. When the exchange rate is E$/£ = 1.35:
$1 = £0.74074$30 = £22.22 (approximately)
Thus, a bottle of Johnnie Walker costs £22.22 when the exchange rate is E$/£ = 1.35.
Answer: a. A bottle of Chivas Regal costs $36 when the exchange rate is E£/$ = 1.2, and it costs $40.50 when the exchange rate is E£/$ = 1.35.
b. A bottle of Johnnie Walker costs £25 when the exchange rate is E$/£ = 1.2, and it costs £22.22 when the exchange rate is E$/£ = 1.35.
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Cost Cutting: Your company, is analyzing a potential opportunity to cut costs. It can spend $1,750,000 today on the purchase and $ 10,000 on the installation of a new automated processing line. The equipment will have a six-year life, at which time it can be sold for $278,000. The equipment qualifies as a Class 8 asset with a 20% CCA rate. Since the equipment was be purchased in 2017, it was subject to the half-year rule. The benefit of installing the new equipment is a reduction in labor costs of $700,000 per year. The new process will lead to an immediate increase in Net Working Capital (NWC) of $25,000, which will be recovered at the conclusion of the project. The firm has a 35% corporate tax rate and it wants a 18% return. Should they undertake this cost-cutting program?
1. What is the NPV for the project?
Answers
The NPV for the project is $1,009,182 and the NPV is positive, the company should undertake this cost-cutting program.
The NPV for the project can be calculated using the following steps:
Step 1: Calculate the initial investment, which includes the purchase and installation costs.
Initial investment = $1,750,000 + $10,000 = $1,760,000
Step 2: Calculate the annual depreciation using the CCA rate and half-year rule.
Depreciation = ($1,760,000 * 20%) * 0.5 = $176,000
Step 3: Calculate the annual tax savings from depreciation.
Tax savings = $176,000 * 35% = $61,600
Step 4: Calculate the annual cash flow from the reduction in labor costs and tax savings.
Cash flow = $700,000 + $61,600 = $761,600
Step 5: Calculate the present value of the annual cash flows using the 18% discount rate.
PV = $761,600 / (1 + 18%)^1 + $761,600 / (1 + 18%)^2 + $761,600 / (1 + 18%)^3 + $761,600 / (1 + 18%)^4 + $761,600 / (1 + 18%)^5 + $761,600 / (1 + 18%)^6 = $2,672,784
Step 6: Calculate the salvage value of the equipment at the end of its life.
Salvage value = $278,000 / (1 + 18%)^6 = $88,450
Step 7: Calculate the change in NWC at the end of the project.
Change in NWC = $25,000 / (1 + 18%)^6 = $7,948
Step 8: Calculate the NPV of the project by subtracting the initial investment from the sum of the present value of the cash flows, salvage value, and change in NWC.
NPV = $2,672,784 + $88,450 + $7,948 - $1,760,000 = $1,009,182
Therefore, the NPV for the project is $1,009,182. Since the NPV is positive, the company should undertake this cost-cutting program.
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Which promotional role might be most appropriate when targeting consumers in the decision stage of the consumer buying process?.
Answers
Build Relationships role might be most appropriate when targeting consumers in the decision stage of the consumer buying process.
A client is someone or a group who intends to order or makes use of purchased goods, products, or services typically for private, social, own family, family, and comparable desires, and who is not directly associated with entrepreneurial or commercial enterprise sports. The term maximum generally refers to a person who purchases goods and offerings for private use. “clients, with the aid of definition, consist of us all," said President John F. Kennedy, offering his definition to the united states Congress on March 15, 1962. This speech became the basis for the advent of worldwide purchaser Rights Day, now celebrated on March 15. In his speech: John Fitzgerald Kennedy outlined the fundamental duty to clients from their respective governments to assist in the exercise of consumers' rights.
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Cash is an _____.
A) asset
B) expense
C) none of the above
(question is from small business entrepreneurship A)
Answers
A. Asset
Explanation:
-asset is a useful or valuable thing
1) How do the expectations of future interest rates impact an investor's willingness to pay for a stock, ceteris paribus? Justify your answer. 2) Please explain carefully; how did the "call loans" of the 1920s contribute to the severity of the stock market crash of 1929? 3) What are some of the most compelling evidence for the Keynesian interpretation of the Great Depression and why?
Answers
1. Investor expectations of future interest rates can influence their valuation of stocks and their willingness to pay for them. Higher expected interest rates can decrease the present value of future cash flows associated with owning a stock, while lower expected interest rates can increase their attractiveness.
2. Call loans were short-term loans that allowed investors to buy stocks on margin, but were subject to demand loans. As the stock market declined, investors faced margin calls and needed to sell their stocks, leading to a downward spiral in stock prices and the onset of the Great Depression.
3. The Keynesian interpretation of the Great Depression is supported by evidence such as persistent unemployment, ineffective monetary policy, government intervention, and post-war recovery. Keynesian economics emphasizes the role of aggregate demand and the importance of government intervention in addressing severe economic downturns. Post-war recovery was attributed to increased government spending, expansionary fiscal policies, and the rebuilding of infrastructure.
The most important details in this text are that investors' expectations of future interest rates can influence their valuation of stocks and their willingness to pay for them. In the 1920s, call loans played a significant role in contributing to the severity of the stock market crash of 1929. Call loans were short-term loans that allowed investors to buy stocks on margin, but they were subject to demand loans, which meant that brokers could demand repayment at any time. As the stock market began to decline in late 1929, investors faced mounting losses and margin calls from brokers demanding repayment of the call loans. To meet these margin calls, investors needed to sell their stocks, leading to a downward spiral in stock prices.
The Keynesian interpretation of the Great Depression is supported by several compelling evidence. Keynesian economics emphasizes the role of aggregate demand in driving economic activity. During the Great Depression, there was a significant and prolonged period of high unemployment, which can be explained by a shortfall in aggregate demand. Keynesians argue that monetary policy was largely ineffective in stimulating the economy, suggesting that other factors, such as fiscal policy, were needed to boost demand. Government intervention is advocated for through fiscal policy, such as increased government spending and tax cuts, to stimulate aggregate demand during recessions.
Post-war recovery was attributed to a combination of increased government spending, expansionary fiscal policies, and the rebuilding of infrastructure. The Keynesian perspective provides a compelling framework for understanding the role of aggregate demand and the importance of government intervention in addressing severe economic downturns.
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1) Expectations of future interest rates can impact an investor's willingness to pay for a stock.
How expectations can impact an investor's willingness to pay for a stock.When expectations are low, investors may be more willing to pay higher prices for stocks due to anticipated lower borrowing costs and higher returns. Conversely, high expectations of future interest rates can make investors cautious and less willing to pay high prices for stocks.
2) Call loans in the 1920s were loans made by stockbrokers to investors for stock purchases. These loans facilitated speculative trading.
However, during the stock market crash of 1929, as stock prices fell, investors faced margin calls and were unable to meet them due to heavy borrowing against their stocks. This forced selling of stocks worsened the market crash and contributed to the severity of the Great Depression.
3) The Keynesian interpretation of the Great Depression suggests that recessions and depressions can be caused by a lack of aggregate demand.
Evidence supporting this includes high unemployment rates, limited effectiveness of monetary policy in stimulating the economy, and the importance of government intervention to boost demand through fiscal policies such as increased government spending. The Keynesian perspective has influenced economic policy responses to economic downturns.
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Why doesn’t the government try to end seasonal unemployment?
It would be too expensive.
It would eliminate too many jobs.
It is a natural part of a healthy economy.
Answers
The government does not try to end seasonal unemployment because It is a natural part of a healthy economy.
What is seasonal unemployment?Seasonal unemployment can be4 described as the type of employment where people are unemployed at particular times of the year as a result of the demand for labour coming down or declining.
Seasonal unemployment can be seen as a temporary window of time, hence The government does not try to end seasonal unemployment because It is a natural part of a healthy economy.
It should be noted that Seasonal unemployment comes in form of involuntary unemployment which is usually as a result of the mismatch that do take place in between skills that workers is able to offer in the economy as well as the demand for that particular skills .
In most times, this type of unemployment is as a result of the technological changes that is occurring at that time which makes the job skills of many workers obsolete.
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Who was the english mathematician who advocated for the application of mathematics to the problem of ensuring the efficient use of facilities?.
Answers
The English mathematician who advocated for the application of mathematics to the problem of ensuring the efficient use of facilities was George Dantzig.
George Dantzig is renowned for his groundbreaking work in the field of linear programming, which is a mathematical method for maximizing resource allocation and identifying the most advantageous answers to challenging situations requiring constraints.
Operations research and management science have greatly benefited from George Dantzig's work, notably in the area of streamlining logistical and operational procedures.
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Job descriptions often include the following information related to the job
Answers
Resume, school transcript, professional certifications, awards, memberships in professional organizations. Letters of recommendation, "thank you" notes, newspaper/website articles about you.
This spreadsheet was created to track the money different employees earned in bonuses. The creator used
numbers and formulas to make the document efficient so that it could change as the bonus amounts changed.
What is most likely appears in the formula bar when B6 is selected?
A $total
B $112
C=MAX(B2:B5)
D =AVERAGE(B2:B5)
Answers
The formula that most likely appear in the formula bar of the spreadsheet when B6 is selected is =AVERAGE(B2:B5). Thus, the correct answer is option (D).
What is a spreadsheet?A spreadsheet is a computer programme for organizing, calculating, and storing data in tabular form. Spreadsheets were created as digital counterparts to traditional paper accounting spreadsheets.
The central tendency of a bunch of numbers in a statistical distribution—which is where the center is located—is measured by the AVERAGE function. The following are the top three central tendency measures:
Average: The arithmetic mean is determined by adding a collection of integers, dividing by their count, and then taking the result.The middle number in a set of numbers is called the median. The values of half the numbers are higher than the median while the values of the other half are lower than the median.The number that appears the most frequently among a set of numbers is the mode.Therefore, option D is correct.
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The first-order conditions for a monopoly to maximize profits are: Select one:
O A. di(Q)/dQ -0. O B. dR(Qy/dQ - dC(Q)/dQ. O C. MR(Q) = MC(Q). O D. All of the statements associated with this question are correct
Answers
The first-order conditions for a monopoly to maximize profits are: MR(Q) = MC(Q). Option C is right choice.
In this scenario, the monopoly will try to maximize its profits by producing and selling a quantity of goods where its marginal revenue equals its marginal cost.
Marginal revenue is the additional revenue that the seller earns by selling one more unit of the product, and it is calculated as the change in total revenue divided by the change in the quantity sold.
Marginal cost, on the other hand, is the additional cost incurred by the seller in producing one more unit of the product, and it is calculated as the change in total cost divided by the change in the quantity produced.
Therefore, for a monopoly to maximize its profits, it needs to find the point where the additional revenue earned from selling one more unit is equal to the additional cost incurred in producing that unit.
This is known as the profit-maximizing quantity, and it is found at the point where MR = MC.
In summary, the first-order conditions for a monopoly to maximize its profits are that MR = MC.
This condition ensures that the monopoly is producing and selling the quantity of goods that will generate the maximum profits for the company.
Option C is right choice.
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How would potential customers most likely self-identify as your target customers?
Answers
Here are some tips to help you define your target market.
Look at your current customer base.
Check out your competition.
Analyze your product/service.
Choose specific demographics to target.
Consider the psychographics of your target.
Evaluate your decision.
Additional resources.
which marketing metric measures the percentage of the target market that has been exposed to a promotional message at least once during a specific time period? multiple choice reach kred frequency recall recognition
Answers
Option (a), reach, is a marketing metric that quantifies the proportion of the target market that has at least once over a certain time period been exposed to a promotional message.
Is reach a metric?Reach is the total number of people who have seen your content or advertisement. Your advertisement has been seen by 100 people if 100 people in total have seen it. Impressions are the total number of times your content or advertisement has appeared on a screen.
Although "reach" and "impressions," two social media measures that are frequently mentioned, are not universally understood. Simply put, these terms are frequently used in the same sentence.
Why is reach such an important metric?Reach is used to calculate the size of your target audience. Reach is important for campaigns since it enables you to assess the possible impact of your tweets. It is essential for establishing the size of the target audience for your message and evaluating a campaign's efficacy.
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have you ever been to a new restaurant and found that its food, service, and prices were excellent? is that restaurant still in business? if not, the restaurant likely failed to create value for its target market.
Answers
This statement is False: have you ever been to a new restaurant and found that its food, service, and prices were excellent? is that restaurant still in business? if not, the restaurant likely failed to create value for its target market.
The group of persons most likely to buy a particular good or service is known as the target market. Understanding your target market is crucial for company success since these people are more likely to buy and suggest your items, increasing your sales.
What does your target market look like?
Organize focus groupssurveying current clientsKeep track of rivalsExplore the research already done Why is a target market important?
Businesses can manage a set of consumers who are more likely to purchase their product and interact with their brand by focusing on certain target markets. Most consumers find that broad, "catch-all" marketing strategies that aim to appeal to everyone end up feeling generic.
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Who do you want to win? First person get Brainlest
Answers
A deposit of 10,000 offering a 6%annual rate would pay how much interest over a six month period?
Answers
please please help. i need 2,3, and 4 . it is due tomorrow
Answers
Answer:
2. Filing for bankruptcy is when the court decides whether to discharge your debts and those who owe are no longer legally required to pay them. It is on a credit report because it shows what you can pay for and what you can't.
3.Pay Your Bills on Time, Pay off Debt and Keep Balances Low on Credit Cards, and apply for and Open New Credit Accounts as Needed.
4.TransUnion, Equifax, and Experian.
Explanation:
What competitive advantage does Apple use?
Answers
One of Apple's competitive advantages is its strong brand reputation and customer loyalty. Apple has successfully cultivated a brand image that is associated with high-quality, innovative, and user-friendly products.
This has helped the company to create a loyal customer base that is willing to pay a premium price for Apple products. Another advantage is Apple's focus on design and aesthetics. Apple products are known for their sleek and stylish designs, which have become important to the company's brand identity. This design focus has helped Apple differentiate its products from competitors and attract customers who value aesthetics and design.
Apple's ecosystem is also a competitive advantage. Apple has developed an ecosystem of hardware, software, and services that work seamlessly together, creating a cohesive user experience. This ecosystem helps to keep customers within the Apple ecosystem and makes it difficult for them to switch to competing products.
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the goods receipt of a purchase order triggers ________ and placement of the material into storage.
Answers
The goods receipt of a purchase order triggers the verification of the received goods and the placement of the material into storage.
Goods, in the context of business and commerce, refer to tangible products or merchandise that are produced, bought, and sold. They are physical items that can be manufactured, traded, or distributed. Goods can range from raw materials used in production to finished products ready for sale. They can be categorized into various types such as consumer goods, industrial goods, perishable goods, durable goods, and non-durable goods. Goods play a crucial role in the economy, driving trade and contributing to economic growth. Businesses engage in the production, marketing, and distribution of goods to meet the needs and demands of consumers. Effective management of goods involves inventory control, logistics, quality assurance, and customer satisfaction.
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To examine
the weekly payroll of all employees, one would look at the:
Answers
To examine the weekly payroll of all employees, one would look at the: d. payroll register.
What is the payroll register?The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.
A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.
Options:
a. W-4
b. employee earnings record
c. W-2
d. payroll register.
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You must consider the physical aspects of different work environments when choosing a career.
Responses
False
True
Answers
Answer: True.
Explanation: If you choose a career without knowing about the environment you’ll be in, or the impact it will have on your well-being, you’re setting yourself up for a miserable lifestyle. It’s common sense to find out more about the career you want to peruse.
how would recession effect the economic
Answers
Answer:
Recession cause standard monetary and fiscal effects.
Explanation:
Recession impact all kinds of business, large and small,due to tightening credit conditions, slower, demand, and general fear and uncertainty.
If you want to value a firm but do not want to explicitly forecast its dividends, what is the simplest model for you to use?
a. the discounted free cash flow model
b. the dividend-discount model
c. the enterprise value model
d. None of the above
Answers
The simplest model to value a firm without explicitly forecasting its dividends is the discounted free cash flow model (option a).
What is the simplest model for you to use?This model values a firm based on its ability to generate cash flows, which includes dividends but also includes other sources of cash such as reinvestments and debt repayments.
It is a more comprehensive approach to valuing a firm than the dividend-discount model, which only considers dividends.
The enterprise value model (c) also takes into account the firm's ability to generate cash flows, but it is typically used in the context of mergers and acquisitions rather than general firm valuation.
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Read this excerpt describing the mission of the World Bank.
The World Bank is a vital source of financial and technical assistance to developing countries around the world. It is not a bank in the common sense. Instead, it plays a different but supportive role in its mission of global poverty reduction and the improvement of living standards.
It provides low-interest loans, interest-free credit, and grants to developing countries for education, health, infrastructure, communications, and many other purposes.
According to this excerpt, what is one major way in which the World Bank differs from a regular bank?
The World Bank is a source of financial assistance.
The World Bank aims to improve living standards.
The World Bank provides low-interest loans and credit.
The World Bank serves people of different income levels.
Answers
Answer:
The World Bank is a source of financial assistance.
Explanation:
The World Bank serves people of different income levels but regular banks do that.
The World Bank aims to improve living standards, no because it is more for hep developing countries.
The World Bank provides low-interest loans and credit but there is a better answer.
The World Bank is a source of financial assistance because it help developing countries and has easier loans and credit
The World Bank aims to improve living standards.
What is the role of the World Bank in globalization?The WBG supports developing countries through the development of trade policy to deepen their integration into regional and global economies and increase trade performance while facilitating trade through streamlined border management and more efficient logistics
What are the important global roles that World Bank plays?The World Bank concentrates on long-term investment projects, institution-building, and on social, environmental, and poverty issues. The IMF focuses on the functioning of the international monetary system, and on promoting sound macroeconomic policies as a precondition for sustained economic growth.
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Can people boost their points on their questions?
Answers
Answer:
Yes.
Explanation:
if a sales-person is working on commission and they have a very unappealing product to sell, but the commission rate is quite high, what does expectancy theory say about their likely level of motivation?
Answers
Expectancy theory predicts that a salesperson working on commission with a very unappealing product to sell but a high commission rate will likely be motivated to perform well in order to receive something they value.
What exactly is expectancy theory?Expectancy theory is a thought process that emphasizes personal preference and the selection process. An outline of the process that people go through when making decisions is given by expectancy theory. These options could include decisions for daily living, academic pursuits, or recreational activities.
These people base their decisions on expectations of how those decisions will turn out. We frequently make clothing choices based on what will make us feel comfortable and ready for the day's events. We must put on a rain jacket on a wet day. We frequently require a full breakfast when we have a busy day ahead.
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