Can someone help me with this. Will give brainly
Assignment 1R
(20 points)
Assignment 1R: Selling and Pricing
Instructions
Save this file in your course folder, and name it with Assignment, the assignment letter, the section number, and your first initial and last name. For example, Jessie Robinson's assignment 1R for Section 1 would be named Assignment1RJRobinson.
Type the answers to the assignment questions below. Use complete sentences unless the question says otherwise. You will have more than one day to complete an assignment. At the end of each day, be sure to save your progress.
Review Lesson 4 of the Course Overview for instructions about turning in your assignments.
Assignment Questions
In Section 1, you learned about selling and pricing. Now, you'll apply what you learned.
1. Choose a type of company that would have sales people, and then answer the following questions about it. TIP: Choose a type of company that you would be interested in working for or starting up yourself.
a. Describe the product the company sells. (1-3 sentences. 2.0 points)
b. Which needs in Maslow's hierarchy does this product appeal to? Why would customers want this product? (1-5 sentences. 3.0 points)
c. Describe the role a sales person would play in selling this type of product. How much help would customers be likely to need from the sales person? (1-3 sentences. 3.0 points)
d. What sales methods do you think would work best for selling this product? TIP: Would you sell the product online, over the phone, in a store, etc.? (1-5 sentences. 2.0 points)
e. Describe the methods you would use to pay and motivate sales people to sell this product. Would you use sales quotas or a particular type of commission structure? Why or why not? (1-5 sentences. 2.0 points)
f. What price do you think the company should charge for this product? Explain what factors you considered in deciding what price to charge. (1-6 sentences. 4.0 points)
g. What pricing strategies do you think would be most successful for this type of product? Describe at least one strategy that would work well for this product, and explain why you believe it would work. TIP: Pricing strategies include psychological pricing, unit pricing, product line pricing, promotional pricing, penetration pricing, and price skimming. (1-6 sentences. 4.0 points)
Answer:
1. Choose a type of company that would have sales people, and then answer the following questions about it. TIP: Choose a type of company that you would be interested in working for or starting up yourself.
a. Describe the product the company sells. (1-3 sentences. 2.0 point
This company sells items like Phones, Laptops, Headphones, Apple Car Play, Chargers.b. Which needs in Maslow's hierarchy does this product appeal to? Why would customers want this product? (1-5 sentences. 3.0 points)
Apple items, such as phones, tablets, and computers, are used to interact with others, so I believe it belongs in the social level.c. Describe the role a sales person would play in selling this type of product. How much help would customers be likely to need from the sales person? (1-3 sentences. 3.0 points)
They will assist in the marketing of the product they are selling by offering examples that would aid in the sale of the product. The more the product does, the higher the fee paid to the salesperson. They will probably not need much assistance, as a salesperson's primary duty is to help the company market its product or service effectively.d. What sales methods do you think would work best for selling this product? TIP: Would you sell the product online, over the phone, in a store, etc.? (1-5 sentences. 2.0 points)
Right now, I'd do it on a few different websites. as a result of the pandemic If the pandemic was over, the safest place to be would probably be in a Cellphone store. Since so many people watch television, I will often advertise on television advertisements. or I'd use social media to advertise because I know a lot of teenagers and young adults who love apple and use social media.e. Describe the methods you would use to pay and motivate sales people to sell this product. Would you use sales quotas or a particular type of commission structure? Why or why not? (1-5 sentences. 2.0 points)
-I would use progressive commission sales, for example:
number of units sold sales commission
0 - 250 2.75%
251 - 500 4.50%
501 - 750 6.25%
751 - 1,000 8.75%
1,001 - 1,250 10.50%
-Salespeople would be inspired to sell more units in this manner because they will see a substantial rise in their profits as their sales volume increases.
f. What price do you think the company should charge for this product? Explain what factors you considered in deciding what price to charge. (1-6 sentences. 4.0 points)
I think the company should charge 75$ for headphones, 350-400 for laptop, and 400$ phones. I believe that if prices were lowered the more product would be bought. Not saying their products aren't worth the price that they already are but i believe lower price higher product in demand.g. What pricing strategies do you think would be most successful for this type of product? Describe at least one strategy that would work well for this product, and explain why you believe it would work. TIP: Pricing strategies include psychological pricing, unit pricing, product line pricing, promotional pricing, penetration pricing, and price skimming. (1-6 sentences. 4.0 points)
I would do promotional pricing because if I can get customers to get interested in the product quicker, it would be better in the long run. Promotional pricing is when there is a short time of a lower price to increase the volume of sales. Which is why chips/salsa/etc go on sale around the biggest sporting events.find the square root of 31-4√21
Explanation:
3x+4=-2 hope that helps.
I will mark you as brainliest!!
What is stock turnover?
A. How long customers have own the products they've purchased
B. How quickly inventory sells
C. How much it costs to keep inventory
D. How the stock market affects inventory
Answer:
d.how the stock market affects inventory
Explanation:
a stock turnover is the rate at which a company's goods are sold and replaced. I hope that helped <3
stock movement Effects of the stock market on inventory Thus option (D) is correct.
What is the stock price?A share price is the price of a single share of a company's salable equity shares. In layman's terms, the stock price is the largest amount of money someone is willing to pay for the stock or the lowest amount for which it can be purchased.
Stock market Analysts in economics and financial theory utilize random walk techniques to model the behavior of asset prices, particularly share prices on stock exchanges. This technique is founded on the assumption that investors operate rationally and without bias, and that they evaluate the value of an asset at any given time based on future expectations.
Therefore, Thus option (D) is correct.
Learn more about stock prices here:
https://brainly.com/question/15021152
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I need hElP!11!!rlelrdwf
Answer:
Building and construction
Explanation:
5. The role of government in a market system
a. does not exist
b. is restricted to establishing property rights
C. includes improving situations that would otherwise result in a market failure
d. includes improving on situations that would otherwise result in a government failure
Need help with this question below? Question 1
Which statement best describes the lesson we can learn from Lupe's experience?
It’s too much work to open a checking account.
It’s only important to track large amounts in personal records.
It’s important to keep accurate records.
It’s best to use only one document to track spending.
Answer: it’s important to keep accurate records
Explanation:
Just did it
Considering the story of Lupe, the best statement that describes the lesson we can learn from Lupe's experience is "It’s important to keep accurate records."
The story of Lupe revealed that when people from authority tend to assess and crosscheck the accounting records when performing the auditing process.
This process is to check the actual proof of the transaction and look for any inaccuracies.
Any inaccuracies found could be used as a basis to indict people for financial fraud, regardless it is an honest mistake or not.
Hence, in this case, it is concluded that the correct answer is option C. "It’s important to keep accurate records.
Learn more about auditing here: https://brainly.com/question/25388600
who was in paris????
Answer: i wish i was in paris
Explanation:
Answer:
Ernest hemlingway
Explanation:
he was a Paris writer in 1899-1961
Mort Silver owns a home. He estimates his expenses as mortgage interest, $10,180; property taxes, $3,690; insurance, $833; depreciation, $3,800; maintenance and repairs, $900; lost interest income, $2,375; and utilities, $2,450. He expects to save $3,700 in income taxes. What is his net cost of home ownership?
Answer:
$17,528.00
Explanation:
The net cost of home-ownership will be the expenses minus savings.
Mortgage interests: $10,180
Property taxes :$3,690
Insurance :$833
Depreciation :$800
Maintenance and repairs :$900
Loss interest income :$2,375
Utilities: $2,450
The total expenses
= $10,180 + $3,690 + $833 + $800 + $900 + $2,375 + $2,450
=$21,228
Savings
=$21,228 - $3,700
=$17,528.00
3. Improving employee motivation is likely to:
A
B
С
D
- encourage staff to work harder
increase staff absence
lower productivity
reduce workforce punctuality
In the united states what is the significance of April 15
Answer:
Hope it helps
have a good day Ahead
April 15th of the United States is Tax day
Uma has been given the task of arranging for five-day conference for foreign delegates. In order to smooth functioning of the event, he has made two people as coordinators to take care of activities related to registration and refreshment. Identify the function of management being carried out by Uma. (a) Planning (b) Staffing (c) Organising (d) Directing
Answer:
(c) Organising
Explanation:
Personnel management can be defined as an administrative task or function which primarily involves the process of hiring employees and developing or training them to become beneficial and valuable for the growth and development of the company.
The main purpose and focus of personnel management is to provide a quality workforce necessary to successfully achieve the organizational set goals and objectives.
Organizing can be defined as a strategic process in which resources are assembled and human efforts are coordinated and then integrated into a unitary system so as to achieve organizational goals and specified objectives.
Generally, organising helps to create order in an organization by eliminating chaos, and work conflicts. Also, it enhances job specialization and responsibility sharing by creating an environment that is suitable for teamwork.
Thus, the function of management being carried out by Uma is organizing because he made two people coordinators to take care of activities related to registration and refreshment.
A loss is when
A. Revenue is greater then expenses
B. Revenue is less than expenses
C. Revenue is equal to expenses
D. None of them
The answer is B revenue is less than expenses
Please hurry!! Imagine that you have been approved to participate in a cooperative education program. In two or three sentences, indicate where you would like to work and describe what you hope to learn from your job placement there. Be sure to include three to five specific examples of what you would hope to learn.
Answer:
Answer:
A response might look similar to what is below.
Explanation:
I would like to work in an elementary school. I would hope to learn what is to be taught and how it is to be taught. I hope to learn about the expectations for student learning and also the expectations of a classroom teacher. I also would like to learn the type of education I need to become an elementary school teacher.
Why do you think it is important to understand GDP?
what is revenue in simple terms
Answer:
income usually of a company or a state
Explanation:
Can someone please help me with this question!
Answer:
I think you got it right*
Explanation:
I think this is the same question I took.
Todays electronics specializes in manufacturing modern electronic components. It also builds the equipment that produces the components. Phyllis Weinberger
Answer:
Market Condition: Large Facility , Mid - Sized Facility, Small Facility , No Facility
Good Market : 0 , $250,000 , $350,000 , $550,000
Fair Market : $19,000, 0, $29,000 , 129,000
Poor Market : $310,000, $100,000 , $32,000 , 0
Explanation:
Large Facility :
Good Market 550,000 - 550,000 = 0
Fair Market 129,000 - 110,000 = 19,000
Poor Market 0 - 310,000 = 310,000
Mid Sized Facility :
Good Market 550,000 - 300,000 = 250,000
Fair Market 129,000 - 1129,000 = 0
Poor Market 0 - 100,000 = 100,000
Small Facility :
Good Market 550,000 - 200,000 = 350,000
Fair Market 129,000 - 100,000 = 29,000
Poor Market 0 - 32,000 = 32,000
No Facility :
Good Market 550,000 - 0 = 550,000
Fair Market 129,000 - 0 = 129,000
Poor Market 0 - 0 = 0