Homework Answers
PV of loan =46000
Rate semi annually =4%/2 =2%
Number of Periods =7*2 =14
FV =PV*(1+r)^n =46000*(1+2%)^14 =60696.02
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Chel Lynn Ally, owner of a local Subway shop, loaned $46,000 to Pete Hall to help...
Lynn Ally, owner of a local Subway shop, loaned $46,000 to Pete Hall to help him...
Lynn Ally, owner of a local Subway shop, loaned $46,000 to Pete Hall to help him open a Subway franchise. Pete plans to repay Lynn at the end of 7 years with 4% interest compounded semiannually. How much will Lynn receive at the end of 7 years? (Do not round intermediate calculations. Round your answer to the nearest cent.) Future value
Lynn Ally, owner of a local Subway shop, loaned $45,000 to Pete Hall to help him...
Lynn Ally, owner of a local Subway shop, loaned $45,000 to Pete Hall to help him open a Subway franchise. Pete plans to repay Lynn at the end of 6 years with 12% interest compounded semiannually. How much will Lynn receive at the end of 6 years? (Do not round intermediate calculations. Round your answer to the nearest cent.)
1. Features, Advantages and Benefits are crucial to any sales presentation. Develop advantage and benefit statements...
1. Features, Advantages and Benefits are crucial to any sales presentation. Develop advantage and benefit statements for each of the following product features.' + Ice cream Feature - Uses real fruit t Car Feature - Electric powered engine + House Feature - constructed with bricks + 2. Convert the following 5 closed ended questions to open ended questions which might be more effective for a salesperson to ask their customer.' a) Do you have a need for this type of...
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45. Jordan graduated in May with a degree in professional selling and accepted a position with Whirlpool as a sales representative. Jordan will be living in Michigan near the corporate headquarters for the first three months of employment with other recently hired sales representatives. The company will be providing a structured classroom typesetting to share information about its products, services, and sales process. In addition, Jordan and other sales representatives will be living in corporate housing that have a variety...
1. Which step of the personal selling process did Sam engage in when, early in his...
1.
Which step of the personal selling process did Sam engage in
when, early in his career, he made in-person cold calls with
professors on various campuses?
Sales presentation
Preapproach
Closing the sale
Generating and qualifying leads
Follow-up
2.
Why is Sam most likely to have a long-term relationship with his
customers?
He lets professors initiate sales visits.
He guarantees the cheapest prices.
He earns customers’ trust and loyalty through one-on-one
interactions.
He closes sales as soon as possible.
His...
n t in the early 2000! 22. What was the first company to dedoohanda a BMW...
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________ individuals attempt to control situations, including the thoughts and actions of others. Question 1 options:...
________ individuals attempt to control situations, including
the thoughts and actions of others.
Question 1 options:
A)
Analytical
B)
Responsive
C)
Versatile
D)
Expressive
E)
Assertive
Save
Question 2 (1 point)
Ken likes to see the big picture when salespeople present to
him. He finds it enjoyable to know a little about them and their
families. He takes his work very seriously, and the company's
overall success, as well as his own personal success, are very
important to him. Ken...
WHEN 19-YEAR-OLD MICHAEL Dell began selling personal computers out of his college dorm room in 1984,...
WHEN 19-YEAR-OLD MICHAEL Dell began selling personal computers
out of his college dorm room in 1984, few would have bet on his
chances for success. In those days, most computer makers sold their
PCs through an extensive network of all-powerful distributors and
resellers. Even as the fledgling Dell Computer Corporation began to
grow, competitors and industry insiders scoffed at the concept of
mail-order computer marketing. PC buyers, they contended, needed
the kind of advice and hand-holding that only full-service channels...
Please need serious and professional help! Hello! I am working on an "object oriented analysis and...
Please need serious and professional help!
Hello! I am working on an "object oriented analysis and design"
Project. I would really need your sincere help in creating a vision
document for this project.
The Things That I require in the "vision document"
is:
1. Product Overview
[This section provides a high level view of the product
capabilities, interfaces to other applications, and system
configurations. This section usually consists of three subsections,
as follows:
• Product
perspective
• Product
functions
• ...
Marketing problem. the offering of your Web site? 2. If you have developed a service, to...
Marketing problem.
the offering of your Web site? 2. If you have developed a service, to what other Web sites might you'"distribute" your Internet-based service? How will working with these other Web sites help you reach your target audience? Are there other Web sites from which you might accept distribution deals in order to make your product or service offering stronger? Explain how strategic distribution with other Web sites or services can give you a competitive advantage. CASE STUDY Nordstrom...
Lynn Ally, owner of a local Subway shop, loaned $46,000 to Pete Hall to help him open a Subway franchise. Pete plans to repay Lynn at the end of 7 years with 4% interest compounded semiannually. How much will Lynn receive at the end of 7 years? (Do not round intermediate calculations. Round your answer to the nearest cent.) Future value
1. Features, Advantages and Benefits are crucial to any sales presentation. Develop advantage and benefit statements for each of the following product features.' + Ice cream Feature - Uses real fruit t Car Feature - Electric powered engine + House Feature - constructed with bricks + 2. Convert the following 5 closed ended questions to open ended questions which might be more effective for a salesperson to ask their customer.' a) Do you have a need for this type of...
45. Jordan graduated in May with a degree in professional selling and accepted a position with Whirlpool as a sales representative. Jordan will be living in Michigan near the corporate headquarters for the first three months of employment with other recently hired sales representatives. The company will be providing a structured classroom typesetting to share information about its products, services, and sales process. In addition, Jordan and other sales representatives will be living in corporate housing that have a variety...
1.
Which step of the personal selling process did Sam engage in
when, early in his career, he made in-person cold calls with
professors on various campuses?
Sales presentation
Preapproach
Closing the sale
Generating and qualifying leads
Follow-up
2.
Why is Sam most likely to have a long-term relationship with his
customers?
He lets professors initiate sales visits.
He guarantees the cheapest prices.
He earns customers’ trust and loyalty through one-on-one
interactions.
He closes sales as soon as possible.
His...
n t in the early 2000! 22. What was the first company to dedoohanda a BMW b. Procter & Gamble c. AT&T d Samsung 23. Which of the following is not a common criticism of social couponing sites (eg. Groupon)? a Deals merely attract one-time bargain hunters. b. An estimated seven out of eight deals suggested by merchants are rejected. c Deals are not necessarily aligned with consumer needs. d. Successful deals might swamp small businesses with too many customers....
________ individuals attempt to control situations, including
the thoughts and actions of others.
Question 1 options:
A)
Analytical
B)
Responsive
C)
Versatile
D)
Expressive
E)
Assertive
Save
Question 2 (1 point)
Ken likes to see the big picture when salespeople present to
him. He finds it enjoyable to know a little about them and their
families. He takes his work very seriously, and the company's
overall success, as well as his own personal success, are very
important to him. Ken...
WHEN 19-YEAR-OLD MICHAEL Dell began selling personal computers
out of his college dorm room in 1984, few would have bet on his
chances for success. In those days, most computer makers sold their
PCs through an extensive network of all-powerful distributors and
resellers. Even as the fledgling Dell Computer Corporation began to
grow, competitors and industry insiders scoffed at the concept of
mail-order computer marketing. PC buyers, they contended, needed
the kind of advice and hand-holding that only full-service channels...
Please need serious and professional help!
Hello! I am working on an "object oriented analysis and design"
Project. I would really need your sincere help in creating a vision
document for this project.
The Things That I require in the "vision document"
is:
1. Product Overview
[This section provides a high level view of the product
capabilities, interfaces to other applications, and system
configurations. This section usually consists of three subsections,
as follows:
• Product
perspective
• Product
functions
• ...
Marketing problem.
the offering of your Web site? 2. If you have developed a service, to what other Web sites might you'"distribute" your Internet-based service? How will working with these other Web sites help you reach your target audience? Are there other Web sites from which you might accept distribution deals in order to make your product or service offering stronger? Explain how strategic distribution with other Web sites or services can give you a competitive advantage. CASE STUDY Nordstrom...
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