sib inc, a small company, hires salespeople whom it plans to motivate to give their best. at the same time, the company also wishes to protect the salespeople from income uncertainty and anxiety. your advice on how the sib salespeople should be paid?
Answers
The mixture of both a and b above (fixed costs, such salary, / variable costs, like commission%) is our recommendation for how the individual salesmen should be compensated.
What is a salesperson's job description?Simply put, a salesperson builds a company's reputation while promoting its products or services. They manage customer relationships and serve as the main point of contact from the alpha wave outreach to the actual transaction.
What do you call folks who sell things?A salesperson is a person with the profession of selling goods or services. A salesperson is sometimes known as a sales rep (or sales representative). The terms "salesman" and "salesperson" are still regularly used, despite the fact that "salesperson" and "sales rep" are regularly used in their place. The plural form of salesperson is salespeople.
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Related Questions
Calculate unit fill rate using the data below: Quantity Ordered: 1500 - Unit Price: 17.85 - Quantity delivered: 1412 Quantity Ordered: 700 - Unit Price: 91.85 - Quantity delivered: 00 Quantity Ordered: 450 - Unit Price: 50.25 - Quantity delivered: 450 Quantity Ordered: 600 - Unit Price: 21.25 - Quantity delivered: 550 a. 0.7454 b. 0.7421 c. 0.7321 d. 0.7433 e. 0.7359
Answers
To calculate the unit fill rate, you need to sum up the quantities delivered and divide it by the quantities ordered. Here is the calculation:
To calculate the unit fill rate, divide the total quantity delivered (2412) by the total quantity ordered (3250), resulting in approximately 0.7421. The unit fill rate represents the proportion of ordered units that were successfully delivered.
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If you were a cosmetologist working in a spa and were 15 minutes late for your first appointment, how would that impact those you work with and the clients of the spa?
Answers
Considering the situation described above, the impact a 15 minutes lateness would cause those I work with and the spa's clients are "negative."
Who is a cosmetologist?A cosmetologist is a professional or permitted to deliver cosmetic treatments to the hair, skin, and nails.
Should a cosmetologist be late on his first appointment, such a person would delay the work of others he works with and delay the clients to get their work done on time.
Also, such lateness might change the mind of clients and those he works with towards him as unprofessional.
Hence, in this case, it is concluded that the impact would be negative.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
Answers
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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After a trade barrier is put in place, the market price will be_______
the quantity of the product available will be ______
Answers
After a trade barrier is put in place, the market price will be higher and the quantity of the product available will be lower. This is because trade barriers, such as tariffs and quotas, restrict the amount of foreign goods that can enter a country. This leads to a decrease in supply, which in turn causes prices to increase and the quantity of goods available to decrease.
If you wanted to make sure a company has enough money available to pay its bills, which financial statement would
be most helpful?
А. Balance sheet
B. Income statement
C. Statement of owners' equity
D. Cash flow statement
Answers
Answer:
D. Cash flow statement
Explanation:
that is the answer
hope I helped you
Crosby contracts with Subban whereby Crosby agrees to sweep Subban retail shop at the end of each work day. Before the first payment is due, Subban realizes that Crosby is unlicensed. The state of Florida requires all retail floor sweepers to be certified and pay annual dues. Subban therefore does not pay Crosby for his work. When Crosby s brings a breach of contract case against Subban to court the court will decide the contract is Group of answer choices
Answers
Crosby signs a contract with Subban and agrees to meet at Subban's business at the conclusion of each work day, before the first payment is due, and then files a lawsuit against Subban, claiming that the license is unenforceable because the license's objective is to protect the public.
What is contract?A contract is the legal agreement between the two parties. It contains all the essentials of section 10. On the breach of such contract, the party who break the contract will be punishable under the act.
Crosby and Subban have a contract in which Crosby agrees to sweep Subban's retail store at the end of each work day. Subban discovers Crosby is unlicensed before the first payment is due.
All retail floor sweepers in Florida are required to be certified and pay annual dues.
As a result, Subban does not compensate Crosby for his efforts. When Crosby s pursues a breach of contract complaint against Subban to court, the judge will conclude the contract is invalid since the purpose of the license is to protect the public.
Therefore, the contract is unenforceable.
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Eventually they fired that CEO and brought in a new one who has taken the store back to coupons and sales. Why haven’t sales returned back to their former levels? What does this teach you?
Answers
The sales haven't returned to their former levels because simply reverting back to coupons and sales may not be enough to regain customer loyalty and trust.
While coupons and sales can attract customers in the short term, there are other factors that contribute to sustained sales growth. Customer perception, brand image, and overall customer experience play crucial roles in driving sales. When the store initially moved away from coupons and sales, it likely changed its positioning and messaging, attracting a different set of customers who were willing to pay higher prices for the perceived value. Reintroducing coupons and sales may not be enough to win back those customers who shifted their loyalty elsewhere during the previous strategy. Additionally, the new CEO may need to address other underlying issues such as product quality, competition, or changing market dynamics to fully restore sales to their former levels.
This situation highlights the importance of understanding customer behavior and the complexity of consumer decision-making. It teaches us that a successful business strategy requires a holistic approach, taking into account various factors such as customer preferences, competitive landscape, brand positioning, and overall customer experience. Merely implementing one tactic, such as coupons and sales, may not guarantee immediate success or restore sales to previous levels. A comprehensive understanding of customer needs and preferences, combined with a well-rounded strategy, is necessary for long-term growth and success.
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Of the business structures you’ve learned about, which one interests you the most? Discuss what structure you might choose to start your own business one day and explain why.
Answers
Answer:
If I were to start my own business one day, I would choose the Limited Liability Company (LLC) structure. This structure offers the most flexibility and protection for business owners. It allows for the business to be taxed as a pass-through entity, meaning that the profits and losses of the business are passed through to the owners and reported on their individual tax returns. This structure also provides limited liability protection for the owners, meaning that their personal assets are not at risk if the business is sued or incurs debt. Additionally, LLCs are relatively easy to set up and maintain, making them an attractive option for small business owners.
Explanation:
To buy a product, customers in a market must first
Answers
To buy a product, customers must first have the need for the product.
Customers cannot just simply buy anything or everything when it comes to products. People love shopping but money is a very useful and powerful resource and customers understand it well, so they don't want to spend it on useless things.
Firstly, there should be a need or a desire to buy a particular product. After that the customer decides his or her budget or the money he would like to spend on that product. If it crosses his or her budget, then the customer may not able to buy the product.
Lastly, there should be willingness to buy the product. Nowadays, we get impressed by big brands, malls and stores giving us immense discounts for even our daily needs. That is how knowingly or unknowingly, we tend to shop more.
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samantha and geri both work as receptionists at a medical office. samantha works from 8:00 a.m. to 12:30 p.m., so she can be home when her daughter gets home from school. geri works from 12:30 p.m. to 5:00 p.m., so she can attend graduate school classes in the morning. how does this arrangement benefit the company?
Answers
When two persons serve as receptionists during two distinct shifts, the organization benefits from the abilities of two people for one position.
Flexibility in scheduling is advantageous to both employees and employers, who are wise enough to understand this. The advantages of flexible work for businesses can help your firm stay ahead of the competition by giving it a competitive edge in recruitment, being a green company, and increasing diversity.
Allowing flexible work schedules for its employees has some advantages for the business:
You can retain valuable personnel by allowing your current team to work flexible hours.Companies gain from flexible work. It makes sense that providing flexible schedules can assist you in attracting more top talent, just as it does for your employees.To learn more about flexible work, click the following link:
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An interpersonal skill that encourages clearly written or verbal messages is known as
A. communication
B. listening
C. negotiation
D. relationship building
Answers
Keywords: “clearly” written or verbal messages
Henly Company enters into a contract to transfer a product to Propel Inc. On July 31, 2019. It is agreed that Propel will pay the full price of $10,000 in advance on April 15, 2019. Henly delivers the product on July 31, 2019. The cost of the product is $7,500. Requirement: What journal entries are required in 2019?
Answers
Answer and Explanation:
The journal entries are shown below:
1. No journal entry should be recorded for entered into a contract
2. On April 15
Cash Dr $10,000
To Unearned sales revenue $10,000
(Being advance is recorded)
3. On July 31
Unearned Sales Revenue $10,000
To Sales Revenue $10,000
(Being the unearned sales revenue is recorded)
Cost of Goods Sold $7,500
Inventory $7,500
(Being the cost of a product is recorded)
skills are the most important for accountants when presenting their
work to clients.
O A. Communication
O B. Multitasking
OC. Social media
OD. Math
Answers
Ryan invested in company stock in the year 1996 . The annual yield for his investment was 6.5%; however, the inflation rate was 7.6%. (a) What was the real growth rate of this investment? Answer: % (b) Suppose Ryan wants to make a better investment that will have a real growth rate of 9.6%. What annual interest rate will he need to earn on his investment to accomplish his goal? Answer: %
Answers
Ryan would need to earn an annual interest rate of 17.2% on his investment to accomplish his goal of a real growth rate of 9.6%.
(a) To calculate the real growth rate of Ryan's investment, we need to subtract the inflation rate from the annual yield rate. In this case, the annual yield rate is 6.5% and the inflation rate is 7.6%.
Real Growth Rate = Annual Yield Rate - Inflation Rate
Real Growth Rate = 6.5% - 7.6%
Real Growth Rate = -1.1%
Therefore, the real growth rate of Ryan's investment is -1.1%.
(b) To determine the annual interest rate Ryan would need to earn on his investment to achieve a real growth rate of 9.6%, we need to add the inflation rate to the desired real growth rate.
Annual Interest Rate = Real Growth Rate + Inflation Rate
Annual Interest Rate = 9.6% + 7.6%
Annual Interest Rate = 17.2%
Therefore, Ryan would need to earn an annual interest rate of 17.2% on his investment to accomplish his goal of a real growth rate of 9.6%.
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The first assumption of rational choice theory says that consumers seek _____ and make their choice on that basis.
Answers
Answer:
D. one optimal solution to a problem.
Explanation:
The Rational Choice Theory is proposed by Adam Smith in the late eighteenth century. The Rational choice theory is used in number of fields such as philosophy, economics, and psychology.
According to this theory, people tend to make choices that includes self-interest and will benefit them in the long run. The first assumption of rational choice theory is that consumers seek personal preference and one optimal solution to a problem and make decision based on this preferences.
Therefore, the correct option is D.
The duality of effects refers to the fact that each transaction ______.
Answers
has at least two effects on the basic accounting equation.
all income that a business receives over a period of time is called profit. True/False
Answers
Untrue Profit is the term used to describe all income that only a business makes over time.
Which income do you mean?In general, the phrase "income" refers to the sum of money, assets, and other transfers in value obtained over a predetermined time frame in exchange for goods or services. The definition of income depends on the context where it's utilized; there isn't a single, universal definition.
Describe the income formula.A net income formula is determined by the distinction between the total amount of revenue and total expenses. Net Income ≈ Total Revenue – Total Costs is the formula used to calculate it.
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This is all apart of one question I promise. This is for a Marketing Class. Answer each separately please.
Describe some ways in which Zappos uses digital media tools. How does Zappos encourage word-of-mouth marketing through digital media? How does Zappos use digital media to create an authentic relationship with consumers?
Answers
Zappos, an online retailer known for its customer-centric approach, effectively utilizes various digital media tools to enhance its marketing efforts.
Zappos is an online retailer that has become synonymous with exceptional customer service and a customer-centric approach. Founded in 1999, Zappos has built a reputation for providing a wide range of products, with a particular focus on footwear and apparel. However, what truly sets Zappos apart is its commitment to creating an exceptional customer experience. From its hassle-free return policy to its 24/7 customer service, Zappos goes above and beyond to ensure customer satisfaction.
The company's success can be attributed to its core values of delivering happiness, fostering a positive company culture, and embracing innovation. Zappos has become a prime example of how a strong customer focus can lead to long-term success in the online retail industry.
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Which steps are parts of doing a cost benefit analysis check all that apply: predicting costs, identifying outcomes, comparing costs, calculating cost, or delaying decisions
Answers
Answer:
Identifying Outcomes
Comparing Costs
Calculating Costs
Explanation:
Cost benefit analysis is a method which is used in decision making process to identify the best option available in financial terms. It helps in finacial value of any decision by considering its posssible expenses and advantages. The first step involved is to identify the outcome in financial value which is the consideration of cash outflow and inflow. The second step is to calculating the cost of options available. Now the third and last step is to comparing the results and opting the option with most benefits.
Answer:
Identifying Outcomes
Comparing Costs
Calculating Costs
Explanation:
Just the test
How does foreign exchange rate policy affect budinesses
Answers
Exchange rate policies affect your business by changing the cost of consumables purchased in other countries or by changing the demand for your products from overseas customers.
An exchange rate is the rate at which one currency is exchanged for another, affecting trade and financial transactions between countries.
Exchange rates are affected by both the local currency value and the foreign currency value. The exchange rate of USD to EUR in July 2022 was 1.02. This means that it costs $1.02 to buy 1 euro.
Most exchange rates are defined as fluctuating, rising or falling based on market supply and demand.
Some exchange rates are pegged or pegged to the value of a particular country's currency.
Changes in exchange rates affect businesses by changing the cost of supplies purchased in other countries and by changing the demand for products from foreign customers.
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The complete question is:
How does foreign exchange rate policy affect businesses?
what is not a benefit of having a good credit score?
Answers
Answer: Higher scores can make creditors more confident that you will repay your future debts as agreed.
Which is an example of an external factor that may affect purchase decisions?
A. Entrepreneurs risk appetite
B. Money available with the entrepreneur
C. Government policies specific to the entrepreneurs business
D. The entrepreneurs business objectives and goals
Answers
Plan B” is the label used to describe what you would do if your job ended and might include a. learning new skills. b. developing networking contacts. c. getting a part-time job. d. all of the above.
Answers
Answer:
B
Explanation:
sense I help you you help me, What are the effects of El Nino? (4 only)
Select two learning styles from the following list. Describe ways in which each of the two learning styles prefer to learn. Bodily/kinesthetic, interpersonal, intrapersonal, logical/mathematical, naturalistic, rhythmic/musical, verbal/linguistic.
Answers
Answer:
interpersonal
positive behaviors used when interacting with others
intrapersonal
relationship with self
Explanation:
I really don't have an explanation sorry
Which document describes a worker's employment experience, strengths, skills, education, and other qualifications?
A.
Resume
B.
Cover letter
C.
Referral
D.
Reference
Answers
Answer:
A. Resume
Explanation:
A resume is a document prepared by a job seeker to itemize their education qualification and work experiences. It is a formal document sent to a potential employer by a job applicant. The resume shows an applicant's qualifications for the position advertised.
A resume is usually sent together with a cover letter.
Answer:
It's A
Explanation: hope it helps ^w^
Which of the following statements are correct?
Select the correct option(s) and click submit.
Agile and Design Thinking are same
Design Thinking is about Product Development. Agile Manifesto is about Software Development
Design Thinking is finding the right things and Agile is about building the right things
Design Thinking is building the right things and Agile is about finding the right things
Submit
Answers
Product Development is the focus of Design Thinking. The Agile Manifesto is concerned with software development.
Design Thinking is about discovering the right things, while Agile Manifesto is about creating the right things. Hence, option b) is correct.
Design thinking is a problem-finding methodology, whereas agile is a problem-solving methodology. It requires a high level of end-user empathy and comprehension, as well as an iterative process of developing new ideas, debunking assumptions, and redefinition of problems.
Agile Manifesto and Design thinking fosters a user-centric environment that emphasizes rapid iterations to achieve the best results. Use agile development to collaboratively build solutions to problems identified through design thinking.
Design thinking prioritizes the needs of the user, and Agile is an excellent method for delivering solutions gradually. The user's needs are considered throughout the design and development process.
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Which situations offer examples of Banking and Related Services workers? Check all that apply.
Anna analyzes loan applicants to decide whether to give them loans.
Aaron helps customers put money into and remove money from their accounts.
Jared researches the credit history of people applying for credit.
Tamara reviews the finances of a business to determine whether it is profitable.
Raquel helps individuals and companies prepare their tax forms.
Troy helps a family create a budget to save more money.
Answers
Anna provides loan applicants to decide to give them loans, put money into and remove money from their accounts and Jared researches the credit history, hence options A, B and C are correct.
What are Banking and Related Services workers?The five most significant banking services include checking and savings accounts, loan and mortgage services, wealth management, issuing credit and debit cards, and overdraft services.
An individual who works for a bank and assists customers with standard financial transactions is known as a bank teller or bank clerk.
They do daily tasks that include processing withdrawals, making deposits, and giving customers of bank money orders or cashier's checks.
Therefore, these services also comprise analysis loan applicants with basic features and a device for utilizing the account (such as a debit card and online banking ID), hence options A, B, and C are correct.
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Answer:here the answer for this question
Explanation:edge2023
a firm has sales of $1,160, net income of $220, net fixed assets of $532, and current assets of $288. the firm has $95 in inventory. what is the common-size balance sheet value of inventory? multiple choice 8.19% 32.99% 43.18% 11.59% 17.86%
Answers
The common-size balance sheet value of inventory is 11.59%. The correct option is D, 11.59%.
The Common-size balance sheet The common-size balance sheet expresses each item as a percentage of total assets.
It is used to evaluate the proportion of each account balance to total assets, the stability of a company over time, and how the company compares to others in its industry.
To solve the given problem, we are to determine the common-size balance sheet value of inventory. We are given the following information:Sales = $1,160
Net income = $220Net fixed assets = $532Current assets = $288Inventory = $95
To determine the common-size balance sheet value of inventory, we divide the inventory by the total assets, which is the sum of net fixed assets and current assets.
Therefore:Total assets = Net fixed assets + Current assetsTotal assets = $532 + $288Total assets = $820Then we divide the inventory by the total assets, which gives:
Inventory / Total assets = $95 / $820
Inventory / Total assets = 0.1159 or 11.59%
Option D.
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What is the first step taken by the accountant when the Trial Balance does not balance?
When the Trial Balance of a business does not balance, then the accountant opens a _______ account, which is a temporary account to hold entries pertaining to accounting errors.
Answers
Checking for errors comes first, after which the accountant sets a Suspense Account to keep entries pertaining to the errors that led to the imbalance.
What does the accountant do initially when the trial balance is out of balance?The right answer is d. The accountant must begin working from the trial balance to the ledger when the trial balance is unbalanced.
When your trial balance columns suddenly stop agreeing, what should you do first?Calculate the difference after re-adding the trial balance. You should first recalculate the entire debits and total credits to see if the trial balance is equal. The difference between these two totals must be determined if they are not equal.
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Which is a disadvantage of using computerised system
a) greater accuracy
b) greater speed
c) improved accessibility to key facts
d) system failure
Answers
Answer: d- system failure
Explanation:
Cuz all the other ones are pros but system failure will mess up all your things in the computer depending on how bad the failure was.