Select the correct answer.
A household detergents company introduces a new product in the market. It hires several salespeople to make door-to-door sales for the first three months. The salespeople have to gather certain information about customers during their sales trips. For one such salesperson, a customer is not willing to share details related to his experience with competitor products. In such a case, what should the salesperson do?
A.
refer the case to another colleague who is expert in extracting details out of such customers
B.
forcibly try to get the details out of the customer
C.
respect the customer’s privacy and not ask any further questions
D.
tempt the customer with discounts on the current product if he shares his details

Answers

Answer 1

Answer: C. respect the customer’s privacy and not ask any further questions.

Explanation:

Since the customer is not willing to share details related to his experience with competitor products, the best thing to do in this case is to respect the customer’s privacy and not ask any further questions.

It's good to respect the privacy of people if they are not willing and ready to give out certain information. In this case, it should be noted that forcibly trying to get the details out of the customer isn't ideal.

Likewise, referring the customer to someone more experienced isn't necessary in thus regard since the customer isn't willing to share any information.

Therefore, the correct option is C.

Answer 2

Answer:

C

Explanation:

You should respect the customers privacy because they are not doing anything sketchy. They are just choosing not to share their thoughts.


Related Questions

RST Company produces a product that has a variable cost of $6 per unit. The company's fixed costs are $30,000. The product sells for $10 per unit. RST desires to earn a target income of $20,000. The sales level in dollars to achieve the desired target income is $ .

Answers

Answer:

the sales level in dollars to attain the target income is $125,000

Explanation:

The computation of the sales level in dollars to attain the target income is given below:

= (Fixed cost + target income) ÷ (selling price - variable cost) ÷ selling pric e

= ($30,000 + $20,000) ÷ ($10 - $6) ÷ $10

= $50,000 ÷ 40%

= $125,000

Hence, the sales level in dollars to attain the target income is $125,000

Michelle, The CEO of Nariko Jets, an airlines company, stated that she owes the credit of her professional success to the time she spent as a volunteer at a homeless shelter and her passion for artwork. She said that she learned to never stop dreaming from her work as a volunteer. Nariko Jets, according to Michelle, was the result of her combined efforts at life lessons that she learnt at the homeless shelter and her paintings which provided her inspiration to help create passenger and jet airlines that would make travel easier and more comfortable. Her competitors have always envied her success. Which of the following factors of inimitability is best reflected in this scenario?
A. First-mover advantage
B. Positive network externalities
C. Casual ambiguity
D. Tacit knowledge

Answers

Answer:

The correct answer is the option C: Casual ambiguity.

Explanation:

To begin with, in the field of business the concept known as "Casual Ambiguity" refers specifically to the situation where the competitors of a company do not understand how the inputs are combined in order to form the outputs due to the fact that they believe that there are several  more factors that are not tangible that are affecting the production and that is why that the outputs end up being better products and more complicate it to understand. That is the case presented where the casual ambiguity is related to the life lessons and efforts that Michelle has done during his volunteer time.

Answer: C. Casual ambiguity

Explanation:

Inimitability refers to having qualities that cannot be so easily copied. In business, it gives rise to a competitive advantage that sets you apart from others.

One reason for inimitability is casual ambiguity. This refers to when the background of a company does not seem to correlate with or explain how the company in question, came to be successful. This ensures that other companies are unable to understand what they are to do to become as successful as those companies.

It is the case here. Competitors are unable to understand how paintings and growing up in an orphanage are helping Michelle so they cannot copy her strategy.

pidgins can best be described as a second language used for restrictive purposes such as trade. True False

Answers

Answer:

True

Explanation:

Pidgins can best be described as a second language used for restrictive purposes such as trade.

A negotiable CD is a: a short-term unsecured promissory note issued by a company to raise funds for a short time period. b loan to an individual or business to purchase a home, land, or other real property. c short-term fund transferred between financial institutions usually for no more than one day. d marketable bank-issued time deposit that specifies the interest rate earned and a fixed maturity date.

Answers

Answer:

d. marketable bank-issued time deposit that specifies the interest rate earned and a fixed maturity date.

Explanation:

A bank certificate of deposit (CD) can be defined as a secured form of time-bound deposit and a special low-risk savings account, wherein money (lump-sum) are left with the bank for a specific period of time in exchange for an interest rate premium.

Generally, a certificate of deposit pays a higher interest rate to its holder than the regular savings account because the banks invest the money in a business.

Additionally, the bank certificate of deposit is protected and insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000.

A negotiable certificate of deposit (NCD) can be defined as a type of certificate of deposit (CD) that has a minimum face (par) value of $100,000 and can't be redeemed before its maturity date i.e it doesn't allow the holder to withdraw money until the pre-determined date.

This ultimately implies that, a negotiable certificate of deposit (NCD) is a marketable bank-issued time deposit that specifies the interest rate earned (interest-bearing time deposits) and a fixed maturity date.

Priya, a software developer at SkillThink, is instructed by her team leader to minimize interaction with other team members. However, her project manager says that interacting with other team members can provide new insights for her projects. In this scenario, Priya most likely experiences _____. Group of answer choices interpersonal conflict interrole conflict intrarole conflict

Answers

Answer:

intrarole conflict

Explanation:

A conflict can be defined as any form of disagreement that arises between two or more parties due to opposing views, opinions, or incompatibility.

In this scenario, Priya most likely experiences intrarole conflict because she was instructed by her team leader to minimize interaction with other team members to prevent her from getting new insights for her projects.

An intrarole conflict is a type of conflict that arises due to the conflict related to behaviors within a single job position or role.

On September 1, Pike Products purchases $5,000 of supplies from Indigo Industries, with the understanding that Pike will provide payment within 60 days. When posting the journal entries related to this transaction, Pike's accounting staff debits Supplies for $5,000 and debits Cash for $5,000. Which of the following statements best describes the results of this posting?
A In Pike’s general ledger, the ending balance for the Cash account will be correct. However, the ending balance for the Supplies account will be too low, while the ending balance for the Accounts Payable account will be too high.
B In Pike’s general ledger, the ending balance for the Supplies account will be correct. However, the ending balance for the Cash account will be too low, while the ending balance for the Accounts Payable account will be too high.
C In Pike’s general ledger, the ending balance for the Supplies account will be correct. However, the ending balance for the Cash account will be too high, while the ending balance for the Accounts Payable account will be too low.
D In Pike’s general ledger, the ending balance for the Cash account will be correct. However, the ending balance for the Supplies account will be too high, while the ending balance for the Accounts Payable account will be too low.

Answers

Answer: C. In Pike’s general ledger, the ending balance for the Supplies account will be correct. However, the ending balance for the Cash account will be too high, while the ending balance for the Accounts Payable account will be too low

Explanation:

Since the journal entries that are related to this transaction, shows that Pike's accounting staff debits Supplies for $5,000 and debits Cash for $5,000, then it can be deduced that the results of the posting is that in Pike’s general ledger, the ending balance for the Supplies account will be correct. However, the ending balance for the Cash account will be too high, while the ending balance for the Accounts Payable account will be too low.

Therefore, the correct option is C.

Bill is the treasurer for a fast-growing organization whose budget has recently been growing at a rate of 10% per year. The budget last year was $352,000. What should he expect it to be 2 years from now

Answers

Answer:

$426,000

Explanation:

Calculation to determine What should he expect it to be 2 years from now

First step is to calculate for One year budget

In One year budget =$352,000+(10%*$352,000)

In One year budget =$352,000+$35,200

In One year budget=$387,200

Now let determine What should he expect it to be 2 years from now

In Two year budget=$387,200+(10%*$387,200)

In Two year budget=$387,200+$38,720

In Two year budget=$425,920

In Two year budget=$426,000 (Approximately)

Therefore What should he expect it to be 2 years from now is $426,000

All of the following are Forecasting methods with the exception of: Group of answer choices a. Econometric methods b. Time series methods c. Judgmental methods d. Analogous methods

Answers

Answer:

Option "D" is the correct answer to the following question.

Explanation:

Analogous Estimation leverages information from previous projects to predict the length or expense of your present project, hence the name. When you have limited knowledge on your present project, you can utilise comparable estimate. Analogous estimate is a simple approach to use.

So, it is not a forecasting method.

Norah's goal for her upcoming sales call is to sell 10 cases of anchovies to Darby's Diner, though she would be willing to accept an order for just five cases, too. Additionally, she is planning to approach the owner to enter into an agreement to purchase anchovies only from her supplier. For Norah, setting up a straight rebuy situation with Darby's Diner is her __________ in this scenario.

Answers

Answer:

optimistic call objective.

Explanation:

Salespeople can be defined as a group of individuals or employees who are saddled with the responsibility of taking orders from customers, as well as sales of finished goods and services to consumers or end users.

In sales and marketing, the term closing with respect to a sales can be defined as the process of making a business sale successful such as through the exchange of money for a particular product or goods.

For a salesperson to be able to close a sales, he or she require abilities such as courage, negotiation skills, listening ears and interpersonal skills to do so or achieve a successful sales.

For Norah, setting up a straight rebuy situation with Darby's Diner is her optimistic call objective in this scenario.

A proposed area rezoning amendment will change land use from residential to manufacturing. Several homes are already located within the area proposed for rezoning. If the current zoning is amended, the residences will probably

Answers

Answer:

Become a preexisting nonconforming use

Explanation:

Zoning

This is simply defined as a known form of work or exercise of power which is in relation to the health, safety, welfare, and morals of the public and cannot be unreasonable or arbitrary .

The reason for zoning is territorial division that is in line with the character of the lands and structures and their unique usefulness for particular uses, and uniformity of use within the division.

Rezoning

This is simply defined as the altering (changing) the zoning classification to allow new and for different uses. It can be said to be adminstrative or legislative.

Zoning Challenges includes:

1) It does not conform to General Plan

2) There is no authority to regulate

3) Spot Zoning

4) Contract Zoning & Development Agreements etc.

Pre-existing Legal/Nonconforming Uses

The Pre-existing legal uses of land is said to be valid after a zoning change. Non-conforming uses may be iincreased or intensified only if they highly/adversely affect the community. They cannot be enlarged or changed.

Al works for a company that books vacation rentals. He is a competitive person, so he needs to feel like he can bring in more customers and book more rentals than the other employees. When he is able to book more rentals than his co-workers, he feels a high level of self-respect as well as respect from others. This scenario describes how Al fulfills his ________ needs.

Answers

Answer:

esteem.

Explanation:

In 1943, Abraham Maslow a humanist psychologist in his work titled "A theory of Human Motivation" stated that five categories of human needs influences or impact the behavior of an individual.

Maslow's Hierarchy of Needs can be defined as a pyramid model which typically represents the fundamental or basic needs of an individual that are necessary and required to be met before he or she can achieve complete growth, development and self-actualization

Basically, the five (5) human needs include;

I. Physiological needs.

II. Safety needs.

III. Love and belonging needs.

IV. Esteem needs.

V. Self-actualization needs.

According to the hierarchy of needs, the esteem needs comprises of strength, confidence, respect from others, self-belief, accomplishment, self-worth, physical and social acceptance, self-respect, etc.

Hence, this scenario describes how Al fulfills his esteem needs.

Thomas McDonald earns $12,550 every month and sets aside the minimum amount for saving. How much would Thomas McDonald
be saving from his income?

1. $677.5
2. $1,255
3 .$2,510
4. $3,765

Answers

Answer:

1. $677.5

Explanation:

The minimum amount that Mc Donald would be saving from his income.

Whenever additional parties are included in payment card transaction processing, the system is called a(n) _____system.

Answers

Answer:

Open Loop

Sentence:

Whenever additional parties are included in payment card transaction processing, the system is called a(n) Open loop system.

which is an advantage of doing an apprenticeship program

Answers

Answer:

Answer to the following question is as follows;

Explanation:

An apprenticeship programme is a type of training programme in which students gain work experience while still taking courses. Apprenticeships are usually compensated. The advantage of taking an apprenticeship programme, according to the same, is that you generate income while learning specialised job skills.

Answer:

You earn money while you learn specific career skills.

Explanation:

Gillette spent $300 million in advertising to introduce the MACH3 razor to consumers. Such expenditures are often made to stimulate __________ or desire for the product class, rather than for a specific brand, when there are no competitors with the same product.

Answers

Answer:

Primary demand

Explanation:

Demand for a product may be influenced by the company's brand name or based on the demand influenced by the product category. When demand is based on a particular product category rather than for a particular brand type, then we refer to this as primary demand. In the scenario above, the Gillette MACH3 is a particular product produced by Gillette, and the $300 million spent on its advert is for the product rather than to promote the Gillette brand. Hence, this advert spending on the MACH3 which is a particular category of gillete's product is spent to stimulate primary demand of product.

In​ 1995, Mexico joined NAFTA. U.S. tariffs on imports from Mexico and Mexican tariffs on imports from the United States are gradually being removed. How have the quantity of U.S. exports to Mexico and the U.S.​ government's tariff revenue from trade with Mexico​ changed?

Answers

Answer:

a) Increase in export  

b) decrease in Tariff revenue

Explanation:

a) The Quantity of U.S exports to Mexico will increase due to the decrease in market price of goods imported from US to Mexico which is occasioned by the removal of Mexican tariffs on imports from the United states .  

b) The US  tariff revenue from trade with Mexico will decrease drastically  

Import Tariffs are one of the ways Government generates revenue for the economy hence when these tariffs are removed the revenue generated will be non-existent .

Christina owns a boutique and is ordering jewelry made using semi-precious stones from a supplier in Mexico. Due to low wages in Mexico, her supplier promised an excellent wholesale price for these goods. You agree with Christina when she explains to you that international business law is very clear-cut with these dealings. As long as the supplier is not breaking any labor laws in his country, her social responsibility is covered. Group startsTrue or False

Answers

Answer:

True

Explanation:

Christina is buying jewelry from a supplier in Mexico. She is buying the jewelry at minimum possible quoted price. The wages in Mexico are low due to the presence of large number of labors. The supplier is not breaking any labor law in the country so Christina does not have more responsibility to identify whether supplier is following all laws or not.

Stealth Bank is holding $4 million in reserves, $9 million in government bonds and $9.6 million in low risk mortgage loans. Out of the $20 million in customers' deposits, Stealth holds $13.1 million in the form of certificates of deposit. Describe the formula for determining Stealth Bank's net worth and, using the figures above, determine the Bank's net worth. Identify the criteria for classifying a bank as healthy or unhealthy and determine which applies to Stealth Bank in these circumstances.

Answers

Answer:

a. Net worth $2.6million

b. Positive Net worth

c. Positive Net worth

Explanation:

a. Calculation to determine the NET WORTH.

Using this formula

Net worth = Total assets -Total liabilities

Let plug in the formula

Net worth=($4 million+ $9million+ $9.6million) - $20million

Net worth= $22.6 million net worth-$20million

Net worth= $2.6 million

Therefore the Bank's net worth will be $2.6 million

b. Based on the information given the CRITERIA for CLASSIFYING a bank as HEALTHY or UNHEALTHY means that THE BANK NET WORTH WILL BE POSITIVE and in a situation where a bank has NEGATIVE NET WORTH in which the depositors tried to WITHDRAW the money deposited which means that the bank will not be capable of giving all depositors their money.

c. What applies applies to Stealth Bank in these circumstances is that they will have a POSITIVE NETWORTH which indicates that they are a HEALTHY BANK.

A decrease in the money supply may __________ total expenditures and thus __________ aggregate demand.

Answers

Answer:

Lower; lower.

Explanation:

The Federal Reserve System ( popularly referred to as the 'Fed') was created by the Federal Reserve Act, passed by the U.S Congress on the 23rd of December, 1913. The Fed began operations in 1914 and just like all central banks, the Federal Reserve is a United States government agency.

The buying and selling of bonds government owned by the Federal Reserve (Fed) is generally referred to as open market sales.

An open market sale of U.S. Treasury securities by the Fed will cause the Banking System's balance sheet not to show a net change in liabilities or assets but only a change in the composition of assets with securities increasing while causing a decrease in the reserves of thecountry.

Basically, an open market sales increase money supply and as such making more money to be in circulation and in the economy

However, a decrease in the money supply in a country may lower total expenditures and thus lower (decrease) aggregate demand of goods and services for the population.

Answer:

A decrease in the money supply may lower total expenditures and thus lower aggregate demand.

an artist brought a breach of contract claim against a museum...what effects will the dismissal order have

Answers

Answer:

The artist will not be able to refile or restart the same claim again.

Explanation:

The breach in a contract means when one of the party who have entered into an agreement fails to perform or deliver according to the contract terms made in the agreement.

In the context, the dismissal is be able to operate as the adjudication on its merits which [tex]\text{precludes the artist from re-asserting the same claim}[/tex] in some newly filed action. This involuntary dismissal are also prejudice, so that artist will not be able to re-start the same claim in a newly filed action.

Netflix offers online video streaming and DVD-by-mail services. In recent years, the company began producing its own original content by pouring billions of dollars in investment to produce successful TV shows like the House of Cards, Stranger Things, among others. The company’s decision to enter the original content production industry is considered a(n) ______________.

Answers

Answer:

brand extension

Explanation:

In simple words, When a business puts one of its recognized brand identities on such a new commodity or new specific product, this is known as a brand extension. A brand expansion may help a firm attract new populations, grow its client base, improve sales, and raise overall profitability if it is effective.

Thus, the process in the question will be termed as brand or business extension.

Family Farms Inc., a company which deals in dairy products, adheres to a standard of behavior for its employees, and it follows certain practices that reflect the moral principles and values held by the company and that guide the conduct of the individuals in the company. Which practice is described in this scenario

Answers

Answer:

The right response is "Business ethics".

Explanation:

An ethics framework that always considers the moral standards as well as problems that occur mostly in a corporation but also function as a guide for the behavior of people throughout the organization.Meanwhile, corporation governments facilitate the collection of values and conventions governing as well as controlling the business of the company.

Higher credit ratings are associated with more
trust. This means that higher credit ratings are
also associated with what?
A. lower inflation rates
B. lower interest rates
C. lower unemployment rates

Answers

Answer: B. lower interest rates

Explanation:

A higher credit rating means that the person can be more trusted not to default on their payment. As a result, the person can be said to be less risky to borrow to.

This would lead to a lower interest rate because a significant portion of interest rate is based on risk. The risk that a person might not pay back a loan adds to the interest rate charged so if this risk is low, the interest rate will be low.

You are required to prepare, through education and ongoing study, to achieve and maintain your expertise in the industry in order to be able to competently represent the Buyer. This is an example of

Answers

Answer:

reasonable care

Explanation:

From the question we are given an instance, whereby You are required to prepare, through education and ongoing study, to achieve and maintain your expertise in the industry in order to be able to competently represent the Buyer. This is an example of reasonable care.

Reasonable care can be regarded as degree of caution as well as attention which would be given to possible dangers by ordinarily prudent or rational person in similar circumstances. Instance of this is a first aider, which his duty is to care towards casualties so that he can exercise reasonable care as well as skill as regards providing first aid treatment.

According to the text, economists are starting to understand that ________ matter just as much as ________ to occupational success.

Answers

Answer:

personality traits; cognitive ability

Explanation:

The definition of a personality trait is a quality or an attributed that become different with respect to the character, action and the attitude.

While on the other hand, the cognitive ability means the mental capability that includes the capability for reasons, planning, problem solving

So here the personality traits are understand and also the cognitive ability for success of an organization

On March 31, the end of the first month of operations, Barnard Inc. manufactured 15,000 units and sold 12,000 units. The following income statement was prepared, based on the variable costing concept: Barnard Inc. Variable Costing Income Statement For the Year Ended March 31, 20Y1 Sales $2,160,000 Variable cost of goods sold: Variable cost of goods manufactured $1,620,000 Inventory, March 31 (324,000) Total variable cost of goods sold (1,296,000) Manufacturing margin $864,000 Total variable selling and administrative expenses (96,000) Contribution margin $768,000 Fixed costs: Fixed manufacturing costs $210,000 Fixed selling and administrative expenses 45,000 Total fixed costs (255,000) Operating income $513,000 Determine the unit cost of goods manufactured, based on (a) the variable costing concept and (b) the absorption costing concept.

Answers

Answer and Explanation:

The computation of the unit cost of goods manufactured is shown below:

Particulars                  variable costing      absorption costing

variable cost of             $108                     $108

goods manufactured  ($1,620,000 ÷ 15,000)

Fixed manufacturing

cost                                                         $14

                                           ($210,000 ÷ 15,000)

unit cost of goods

manufactured           $108                     $122

(16-25) more questions:)

Answers

Answer:

16. d?

17. probably b

18. a

19. hmmmmmmmmmm c?

20. b

21. d

22. d

23. c

24. c

25. a

Explanation:

Should all be right? a few im iffy on.... it's been a while

Companies that operate in a ___________________ environment have the lowest amount of environmental uncertainty as illustrated in the environmental uncertainty matrix.

Answers

Answer:

Simple, stable

Explanation:

External environment

This is commonly known and includes factors, forces, outcomes, situations, and events outside an organization that influences or affect its performance.

The components of external environment includes: economic, demographic, technological, sociocultural, political/legal, global etc.

Stable-simple environment

This environment is said to be very stable and also predictable. The Few components are sort of similar and remain the same. And it requires little need for sophisticated knowledge of components.

Sylvia wants to purchase a 2017 Dodge Challenger for a negotiated price of $38,770 inclusive of all costs (options, taxes, delivery charges, etc.). Sylvia will be making a down payment of $8,000. She has a choice between taking a $2500 cash rebate (and arranging her own financing at 4.98% for 36 months) OR selecting the dealer incentive financing of 0.9% APR for 36 months. What is the total cost of this car if Sylvia chooses the cash rebate option

Answers

Answer:

$38,492.84

Explanation:

Calculation to determine what is the total cost of this car if Sylvia chooses the cash rebate option

CASH REBATE:

First step is to determine the PMT using Financial calculator

N= 36

I/Y= 4.98/12= .415%

PV= 30770 - 2500 = 28270

PMT= ??

FV= 0

Hence,

PMT= 847.0234

Now let determine the total cost

Total cost=($847.0234*36)+$8,000

Total cost=$30,492.84+$8,000

Total cost =$38,492.84

Therefore the total cost of this car if Sylvia chooses the cash rebate option is $38,492.84

Decisions related to _____ are considered semistructured decisions at the operational management level of an organization.

Answers

Answer:

accounts receivable

Explanation:

It should be noted that Decisions related to accounts receivable

are considered semistructured decisions at the operational management level of an organization.

Operations management can be classified as one having three levels, which are ;

✓strategic

✓tactical,

✓ operations.

For company to achieve set goals, operations managers needs to develop strategies and make decision.

Semistructured decisions can be regarded as decisions that lies between structured as well as unstructured decisions, it requires some human judgment as well as some agreement on the solution method at same time. Semistructured decisions can as well be regarded as those ones whereby only part of the problem posses a clear-cut answer which is provided by particular accepted procedure. Accounts receivable (AR) can be regarded as the balance of money that is been due to be paid to firm the company in exchange for goods or services that is been delivered but has not yet paid by customers to the company. On balance sheet, accounts receivables are listed as current asset.

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