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Salespeople are typically classified as order getters, order takers, and support personnel. How would you classify the following salespeople? and Why?
1. Pharmaceutical salesperson selling to doctors
2. Car salesperson
3. Retail store salesperson
4. Telemarketer soliciting donations for a charity
5. Real estate agent
6. Heavy equipment salesperson
7. Agent for a snack food distributor who only stocks shelves
8. Door-to-door cosmetics salesperson
9. Insurance salesperson
10. Agent for a snack food distributor who fills a retailer's orders
Suppose China produces only trucks and tablets. The resources that are used in the production of these two goods are specialized—that is, some resources are more suitable for producing trucks than tablets, whereas others are more suitable for produci..
Do higher saving rates affect longrun economic growth? Explain. Do higher investments in research and development affect longrun economic growth? Explain. Explain with the help of a graph how the efficiency wage might cause unemployment.
ABC Company acquired some land (independently appraised at $12,000) and paid for it by issuing 1,000 shares of its common stock (par $10 per share; no market price was quoted). How should this transaction be reported on the Statement of Cash Flows (S..
Jim's systolic blood pressure is normally distributed random variable with a mean of 145 mmHg and a standard deviation of 20 mmHg. If Jim's systolic blood pressure is taken at a randomly chosen moment, what is the probability that it will be between ..
Explain in about 4 paragraph with numerical illustrations and graphs what is Diminishing Marginal Returns.
q. how to calculate marginal revenue from demand?a.if the marginal propensity to save is 0.05 how large is the
Suppose that inverse demand is given by p(Q) = a-bQ, where Q is total quantity supplied in the market. There are two firms in the market, each with a cost function of c(q) = cq, now assume that the first firm moves before the second firm. Explain why..
In terms of aggregate supply, a period in which nominal wages and other resource prices are unresponsive to price-level changes is called the A. long run. B. short run. C. very long run. D. immediate market period.
Suppose that velocity is constant at 9, but the nominal money supply increases from $1.5 to $1.8 trillion. What must happen to nominal output? Suppose further that real output is constant at 13.5 trillion “units”: what must happen to the price level?
What is organizational culture? What effect does it have on a organization.. Include in your rescission the positive and negative aspects of culture in an organization
Consider the following Heckscher-Ohlin model: there are two countries, America and China, two goods, high-tech manufactures and low-tech manufactures, and two factors of production, skilled labor and unskilled labor. What happens to the wage of skill..
As a sample workforce activity, assume your employer has asked you to develop an economic analysis and a set of policy recommendations. To complete this activity, select a news article dated within the previous two months. Clearly summarize the issue..
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