A major barrier to effective prospecting in sales is the limited amount of time available for this activity.
Understanding major barrierTo overcome this challenge, salespeople should consider integrating prospecting activities with their regular selling duties.
By doing so, they can maintain a balanced focus on both prospecting and selling without sacrificing one for the other.
This approach also helps to avoid spending excessive time on prospecting, ensuring that salespeople can dedicate sufficient time to their actual selling responsibilities.
Additionally, it is important to prioritize prospecting rather than solely focusing on it after completing all regular selling activities.
This way, salespeople can ensure they are consistently identifying and engaging with potential customers, resulting in a more productive and effective sales process.
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The Galindo family plans to start a small business in our neighborhood. The father
borrows $10,000 from the bank at an annual interest rate of 7.5% rate for 42
months. What is the amount of interest he will pay on this loan?
$26.25
$26,250
$262,500
$2,625
Answer:
$2,625
Explanation:
Interest is calculated using the formula
I = p x r x t
For Galindo family
I= interest,
P = principal amount : $10,000
r= Interest rate: 7.5 % or 0.075
t= times in years : 3.5 years( 42 months /12)
I= $10,000 x 0.075 x 3.5
I=750 x 3.5
I=$2,625
Marketing in the 21stCentury1.What are the characteristics of each of the four industrial revolutions?2.What are the three components of the 20thcentury mindset as it relates to the environment andcommerce?3.How does the Brundtland Commission, Our Common Future define sustainable development?
Characteristics of the Four Industrial Revolutions: a. The mechanisation of industry via the use of steam and water power during the first Industrial Revolution (1784–1844). b. The introduction of electricity, oil, and steel manufacture during the Second Industrial Revolution (1871 1914). The rise
The present trend of automation and data interchange in manufacturing and other industries, fueled by technological developments like artificial intelligence, robots, the Internet of Things, and cloud computing, is known as the fourth industrial revolution. This revolution is transforming the production of goods and the delivery of services, resulting in higher levels of productivity, efficiency, and customisation. It is also having a significant influence on the labour market, creating new employment prospects while simultaneously necessitating worker upskilling and reskilling to accommodate the changing technological landscape. Serious economic, social, and environmental advantages of the Fourth Industrial Revolution are anticipated, but it will also present significant ethical and regulatory questions over data privacy, cybersecurity, and the distribution of benefits.
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What Are Some Reasons To Have A Credit Card?
list ten different ways you will use your credit.
Answer:
1 Boost your credit history and score
2 Internet purchases
3 Emergency money
4 Rewards
5 History of purchases
6 No fear of loss or theft
7 Interest free money
8 Merchant protection
9 Insurance on purchases
10 Convenient when traveling
A
person who
owns stock in a
corporation.
Max is using a search engine to do research on trends in his industry when he comes across a website that isn’t necessarily related to his research–but is interesting and engaging. Without realizing it, Max spends over an hour browsing through the webpage’s numerous articles and links. When his boss asks him if his research report will be ready by the end of the day, Max isn’t sure how to respond. He’s hardly done any work–but it’s not like he was purposely avoiding work. He was using the search engine for the purpose of research, after all. It’s not his fault that the search results weren’t very relevant. Max is considering asking his boss for an extension on his deadline so that he can spend more time researching. What do you think? What should Max do?
In this situation, Max has to first give his boss some advance notice that he wont be able to complete the report before deadline, explain himself briefly as to why that is, then ask for more time to be able to complete the task.
What is a deadline?A deadline indicates that a task or project is anticipated to be finished by that date and time. There is a clear expectation of what must be provided and by when thanks to deadlines. Employees are able to take charge of their work in this way and include deadlines into their time management techniques.
It's critical to schedule deadlines in advance because your work may be delayed. Recognize that some resources might be delayed and that some people might not be available. You may prevent the disaster of missing a deadline by making plans in advance.
Deadlines are crucial in business for a variety of reasons. They establish standards and encourage productive behavior in the workplace.
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Which term best explains the concept of the
Money Multiplier?
A. Loanable Funds
B. Production Possibilities Frontier
C. Supply and Demand
Answer:
the answer is a loadable funds
(2.04) Which type of market has the least competition?
a) Oligopoly
b) Monopoly
c) Pure competition
d) Monopolistic competition
The type of market that has the least competition is B. Monopoly.
What happens in a monopoly?A monopoly sets its own price rather than accepting the market price as given. In order to make the most profit feasible, it chooses from its demand curve the price that corresponds to the quantity the firm has decided to produce. the establishment of new businesses.
A single seller of commodities is created in a monopoly market by variables such as a government license, resource ownership, copyright, patent, and high entry costs. These characteristics collectively prevent other sellers from entering the market. Monopolies also have access to information that other merchants do not.
Monopolies are typically highly profitable when there is no significant competition. While businesses compete constantly to gain market share, obtaining actual monopoly status is difficult.
This shows that monopolies have the least amount of competition in them, with a single firm basically controlling the market.
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which of the following is a flow in the circular flow model? group of answer choices the flow of revenue received by firms and the flow of payments to resource owners the flow of income earned by firms and the flow of expenditures earned by households the flow of goods and services from households to firms the flow of profit and the flow of revenue
The flow in the circular flow model that is correct is the flow of income earned by firms and the flow of expenditures earned by households.
The circular flow model is a simplified representation of the economy that illustrates the interactions between households and firms. It demonstrates how resources, goods, and money flow between these two key sectors of the economy. In the circular flow model, households are the owners of resources, such as labor, capital, and land. Firms, on the other hand, are the producers of goods and services. The flow of income earned by firms represents the payments made by households to firms in exchange for the goods and services produced. This income includes wages, salaries, rent, and profits.
Conversely, the flow of expenditures earned by households represents the money spent by households on purchasing goods and services produced by firms. This includes consumer spending on products, services, and investments. These two flows are interconnected and create a circular flow of economic activity. Households provide resources to firms, who then produce goods and services. Firms receive income from households for their production, which in turn enables households to make expenditures and continue the cycle.
Understanding the flows in the circular flow model is essential for analyzing the functioning of the economy, as it helps in identifying the sources of income for firms and the channels through which households contribute to economic activity. It also highlights the interdependence between households and firms and the importance of a well-functioning exchange of resources, income, and expenditures for a thriving economy.
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Suppose the economy is suffering from high rates of inflation. What kind of fiscal policy should be adopted and what are the options for implementing that policy? Briefly explain, in word, the effects of this policy on Aggregate Demand (AD) and equilibrium GDP.
If the economy is suffering from high rates of inflation, contractionary fiscal policy should be adopted. This involves decreasing government spending and/or increasing taxes to reduce the amount of money circulating in the economy.
One option for implementing contractionary fiscal policy is to decrease government spending on public goods and services such as infrastructure projects, education, and healthcare. Another option is to increase taxes on individuals and businesses to decrease their disposable income and limit their spending.
The effect of contractionary fiscal policy on Aggregate Demand (AD) is to shift the AD curve leftward, as less money is available for spending. This decrease in spending will cause a decrease in equilibrium GDP, as businesses will produce less output to match the reduced demand.While contractionary fiscal policy can help to reduce inflation, it can also have negative effects on economic growth and employment in the short term. Thus, policymakers must carefully balance the benefits of reducing inflation with the potential costs of decreased economic activity.
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what is a main reason business needs government regulations? select one: a. to assist in executing worthwhile causes b. to protect the interest of society and consumers c. to help companies be successful d. to provide financial assistance when needed
b) Businesses need government regulations to protect society and consumers by ensuring ethical operations, fair competition, consumer safety, and environmental sustainability.
The main reason businesses need government regulations is to protect the interest of society and consumers. Regulations ensure that businesses operate ethically, responsibly, and in compliance with standards that safeguard public health, safety, and fair competition. Government regulations help prevent fraudulent practices, misleading advertising, and the exploitation of consumers. They set guidelines for product quality, environmental sustainability, and workplace safety, ensuring that businesses prioritize the well-being of individuals and communities. Regulations also promote fair competition by preventing monopolies, price-fixing, and anti-competitive practices that could harm consumers or stifle innovation. By establishing a level playing field, regulations foster trust and confidence in the marketplace. Moreover, regulations play a vital role in sectors such as finance, healthcare, and food safety, where public oversight is crucial to maintain stability, protect vulnerable populations, and prevent systemic risks. Overall, government regulations balance the interests of businesses with the broader welfare of society and consumers.
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Which of the following is an example of an industry-level opposed to a firm-level factor?
A) threat of new entrants
B) a firm's culture
C) the teamwork among a firm's employees
D) a firm's products
E) a firm's assets
The answer is A) threat of new entrants. It is an example of an industry-level factor as opposed to a firm-level factor.
Industry-level factors refer to external factors that affect all firms within a particular industry, while firm-level factors refer to internal factors that affect a specific firm. The threat of new entrants is an industry-level factor that refers to the degree to which new firms can enter a particular industry. It is determined by factors such as barriers to entry, economies of scale, and brand recognition.
Firm-level factors, on the other hand, are internal factors that affect a specific firm, such as a firm's culture, teamwork, products, and assets. These factors can be leveraged to create competitive advantages for a firm, but they do not necessarily affect the industry as a whole.
Understanding the distinction between industry-level and firm-level factors is important for analyzing the competitive landscape of an industry and developing strategies for individual firms within that industry. By considering both types of factors, firms can identify areas where they can differentiate themselves from their competitors and gain a competitive advantage.
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U.S. citizens pay $3 billion more annually for shoes and Japanese citizens pay $6 billion more for rice than the actual cost of the products because
U.S. citizens pay $5 billion more annually because both countries have imposed tariffs on imported goods to protect their domestic markets.
What is tariff?A tariff simply means a tax imposed by a government of a country on imports or exports of goods.
In this case, U.S. citizens pay $3 billion more annually for shoes and Japanese citizens pay $6 billion more for rice than the actual cost of the products because both countries have imposed tariffs on imported goods to protect their domestic markets.
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when using the specific identification inventory method, cost of goods sold equals the ______.
With the specific identification inventory method, the Cost of Goods Sold equals the exact costs of the items sold.
The specific identification inventory method tracks each sold item to record its cost. The Cost of Goods Sold includes only the actual cost of the items sold and not an average or assumed cost.
The specific identification inventory method is not like the:
FIFO (First-in, First-out) method that assumes that items sold are from the first inventories in the storeLIFO (Last-in, First-out) method that assumes that items sold are from the last inventories in the storeWeighted-average method that takes the average cost for all the items in store to determine the cost of goods sold.
Thus, the specific identification method ensures that the Cost of Goods Sold equals the actual cost of the goods.
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low prices for farm crops and high interest rates on bank loans led farmers to join such organizations as
Low prices for farm crops and high interest rates on bank loans led farmers to join such organizations as the Farmers' Alliance and the National Grange.
The Farmers' Alliance was a movement that emerged in the late 19th century in response to the financial difficulties faced by farmers. The Alliance was a group of farmers who joined together to form a cooperative network to help address their economic challenges. They tried to counter the economic challenges of their time by promoting agrarianism, which called for more government involvement in the economy.
Their goals included advocating for the rights of farmers, promoting cooperative purchasing of supplies, and encouraging the development of new technologies to make farming more efficient. Additionally, they advocated for government intervention in the economy to protect farmers from the exploitation of monopolies that controlled the prices of crops and other supplies.
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Explain the difference between a job interview and a interview
Answer:
An interview is a procedure designed to obtain information from a person through oral responses to oral inquiries. An interview is the way of face to face conversation between the interviewer and the interviewee, where the interviewer seeks replies from the interviewee for choosing a potential human resource.
Explanation:
help quick!
According to the video, which qualities do Insurance Underwriters need? Check all that apply.
O communication skills
O customer service skills
Ocomputer skills
Oknowledge of sales strategies
Oan outgoing attitude
O a background in finance
Answer: 1 3 6 or A C F
Explanation:
I just did it on the edge
Answer:
ACF
Explanation:
got it correct on Edge 2020
Look for _____ in research information showing preferential treatment or consideration regardless of legitimate reasoning.
credibility
relevance
bias
additional sources
Answer:
bias
Explanation:
bias is the true anwer
What are the primary reasons why businesses should establish health and safety policies? Check all that apply.
to help maintain productivity
to protect the welfare of workers
to prevent the need for labor unions
to help maintain morale in the workplace
to improve the goods and services produced
to reduce costs for workers' compensation insurance
please respond quickly. EDGE2021
Answer: To help maintain productivity, to protect the welfare of workers, to help maintain the morale of the workplace, to reduce the cost for workers’ compensation insurance
Explanation: I just completed the assignment
The primary reason, Businesses should establish health and safety policies were to help maintain productivity.
What is Business?An innovative company or group that engages in professional activities is referred to as a business. They could be industrial, commercial, or something else. Businesses that are for-profit operate to make a profit, whereas those that are nonprofit do so to further a philanthropic cause.
The health and safety policies help businesses: Prevent workplace injuries and illnesses. Improve compliance with laws and regulations. Reduce costs, including significant reductions in workers' compensation premiums.
The Research shows that workers are more productive in workplaces that are committed to health and safety. Reducing downtime caused by illness and accidents means less disruption.
Therefore, Thus option (A) is correct.
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Consider a market where supply and demand are given by Qx³ = -10 +Px and Qxd=56-2 Px. What is the equilibrium quantity? QUESTION 9 Suppose you produce wooden desks and government legislation protecting the spotted owl has made it more expensive for you to purchase wood. True/False.... You should expect the equilibrium rpice and quantity to decrease. True False QUESTION 10 Which of the following can explain an increase in the demand for housing in retirement communities? O A drop in real estate prices An increase in the population of the elderly a drop in the average age of retirees Mandatory government legislation QUESTION 11 The minimum wage is an example of a price ceiling. True False
The equilibrium quantity: Qx³ = -10 + $22 = 12.
The statement "You should expect the equilibrium price and quantity to decrease" is true. The statement "The minimum wage is an example of a price ceiling" is false.
To find the equilibrium quantity, we need to set Qx³ (supply) equal to Qxd (demand) and solve for Px: Qx³ = Qxd. Substituting the expressions for supply and demand yields: -10 + Px = 56 - 2Px. Solving for Px gives us Px = $22. Plugging this back into either the supply or demand equation gives us the equilibrium quantity: Qx³ = -10 + $22 = 12.
The statement "You should expect the equilibrium price and quantity to decrease" is true. When the cost of wood increases, the supply curve shifts leftward, causing a decrease in the equilibrium quantity and an increase in the equilibrium price.
An increase in the population of the elderly can explain an increase in the demand for housing in retirement communities.
The statement "The minimum wage is an example of a price ceiling" is false. A price ceiling is a legal maximum price that can be charged for a good or service, while a minimum wage is a legal minimum price that must be paid for labor.
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what is nursing ?why is it needed?
Answer: What type of nursing?
Rachel deposited php 45,500 into her savings account. It earns 7. 5% interest and is compounded semi-annually. How much will she have after 18 months?.
Rachel made a contribution to her savings account of PHP 45,500. The interest is compounded every two years and is 7.5%. After 18 months, Rachel will have PHP 54,209.98.
To solve the problem, we can use the formula for compound interest:
A = P(1 + r/n)^(nt)
where A is the final amount, P is the principal amount, r is the annual interest rate (as a decimal), n is the number of times the interest is compounded per year, and t is the time in years.
Substituting the given values, we have:
P = PHP 45,500
r = 7.5% = 0.075
n = 2 (since interest is compounded semi-annually)
t = 18 months = 1.5 years
So the formula becomes:
A = 45,500(1 + 0.075/2)^(2*1.5)
A = 45,500(1.0375)^3
A = PHP 54,209.98 (rounded to the nearest cent)
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The
management of a sugar manufacturing company sets aside a sum of $50,000 in its budget for the purchase of new
machinery that would double the production. In the given scenario, the management is in the process of planning the
of the company
operating budget
Ofinancial budget
Omarketing budget
Ostatic budget
Answer: operating budget
Explanation:
In the given scenario in the question, we can deduce that the management is in the process of planning the operating budget of the company.
The operating budget simply refers to the money that's needed by the company for it to run efficiently. It is made up of the manufacturing costs, sales budget, selling expenses, and the administrative expenses.
an important issue in capacity management is to identify the critical capacity requirements, i.e., the bottleneck work centers.T/F
True the identification of critical capacity requirements, specifically the bottleneck work centers, is a vital aspect of capacity management.
Identifying critical capacity requirements, specifically the bottleneck work centers, is indeed a crucial aspect of capacity management. The bottleneck work centers refer to the points in a production or operational process where the capacity is limited and can significantly impact overall throughput. By identifying these bottleneck areas, businesses can focus their efforts on optimizing or expanding the capacity of these specific work centers to improve overall efficiency and prevent bottlenecks from affecting the entire process.
To determine the bottleneck work centers, capacity analysis is typically conducted. This involves evaluating the flow of work, analyzing production data, and identifying areas where the throughput is limited or slower compared to other stages. Various metrics such as production rates, cycle times, queue lengths, and resource utilization are assessed to pinpoint the bottleneck areas. Once identified, appropriate strategies can be implemented, such as reallocating resources, adjusting production schedules, or investing in additional equipment or manpower to alleviate the bottlenecks and ensure smooth operations.
the identification of critical capacity requirements, specifically the bottleneck work centers, is a vital aspect of capacity management. It allows businesses to focus their efforts and resources on optimizing these bottleneck areas, improving overall efficiency, and preventing any constraints that could hinder the entire production or operational process.
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at one time, nike's product was targeted mainly to marathon runners. when nike sought to capitalize on the fitness craze, it launched its just do it campaign. the company used television commercials and print advertisements showcasing athletes of all types attaining their fitness goals. it sponsored local sporting events and secured celebrity spokespersons to promote its products. this exemplifies the promotional strategy referred to as
It backed nearby sporting occasions and secured celebrity spokespersons to promote its merchandise. this exemplifies the promotional method known as integrated marketing communications.
Advertisements are a form of marketing communication that promote a product, service, or idea to a target audience. Advertisements can take many forms, including print ads, television commercials, radio spots, online ads, billboards, and social media promotions. The primary goal of advertising is to persuade the audience to take a specific action, such as making a purchase, subscribing to a service, or supporting a cause.
To achieve this goal, advertisements often use persuasive techniques such as emotional appeals, humor, celebrity endorsements, and vivid imagery. Advertising is an essential part of many businesses marketing strategies, as it helps increase brand awareness, attract new customers, and build customer loyalty. Advertisements are designed to reach a specific audience and can be targeted based on factors such as demographics, geographic location, and interests.
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Say that gold is used as money in an economy. Which of the following would tend to decrease the value of money? a. an increase in supply of gold b. an increase in demand for gold c. a decrease in both supply and demand for gold d. an increase in both supply and demand for gold
If gold is used as money in an economy, an increase in the supply of gold would tend to decrease the value of money. The correct answer is: (a). an increase in supply of gold
This is because the supply of gold is increasing while the demand for money remains constant or is not changing. However, an increase in demand for gold would tend to increase the value of gold. An increase in both supply and demand for gold would have an ambiguous effect on the value of money.
A decrease in both supply and demand for gold would also have an ambiguous effect on the value of money since the decrease in supply and demand would cancel each other out. Therefore, the correct answer is: a. an increase in supply of gold.
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Identify whether the income below would be considered earned income, passive income, or portfolio income. Mychal’s parents bought a house, fixed it up, and sold it at a higher price.
Answer: Portfolio income is money received from investments, dividends, interest, and capital gains. It is one of three categories of income.
Explanation:
or placing trade restrictions on other countries to shield domestic industries from
competition, takes many forms.
are taxes imposed on imported goods and services.
place limits on the amount of a good that can be imported from a particular country.
Early in the twentieth century, the United States imposed
Y agricultural
goods. While this measure protected US farmers, it caused European governments to impose
tariffs
on US products. Heavy tariffs on imports led to a drastic decline in international trade, which further weakened the
global economy and aggravated the Depression.
Today, some US workers believe the government should
protectionism to protect their industries from
foreign competition and prevent job
in the United States. This thought is shared by
some business owners as well.
Answer: protectionism, tariffs, quotas, tariffs, European,
retaliatory, increase, cheaper, losses
Explanation: Plato / Edmentum
What can a job candidate communicate through a video introduction that they can't convey via their resume?
A:the type of people in their professional network
B:details about their education and certification
C:their work experience and past employers
D:their personality through body language
A job candidates communicate through a video introduction that they can't convey via their resume their personality through body language. Thus, option D is correct.
What is a job?A job can be described as a process by which a person completes a task or a job. The person receives payment for the work.
A candidate is going through an introduction, and it can be Converse by the help of a video with the person are the interviewer can see him or her and examine the way that this week it also determines the personality and the body language about how sincere, confident a person is. Therefore, option D is the correct option.
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Answer:
D
Explanation:
How does the availability of economic resources in conjunction with the law of diminishing returns affect an entrepreneur's decisions?
Answer: A
Explanation:
According to the law of diminishing returns, the increase in output that results from adding a production factor is smaller. The law of diminishing returns aids the business in determining the ideal amount of output in production. This is so that the producer can determine whether or not the output has reached its maximum potential.
Why is the law of diminishing returns important?Because economists anticipate that a firm's short-run marginal cost curves would slope upward as the number of output units rises, the law of diminishing returns is significant because it forms part of the theoretical framework.
According to the economic theory known as the law of diminishing returns, as an investment in a certain area rises, the rate of profit from that investment can no longer rise if other factors remain constant after a certain point.
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When using your debit card, ask your bank to block any --------- on your account.
Answer:
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Explanation: