On weekends, Everett often finds himself thinking about his customers and their problems. Sometimes Everett will figure out a potential solution and e-mail or call his customer. What personal trait does Everett have that is important to sales success?

What will be an ideal response?


Everett is demonstrating empathy: concern about his customers and their problems.

Business

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Suppose Randy Jones plans to invest $1,000. He can earn an effective annual rate of 5% on Security A, while Security B has an effective annual rate of 12%. After 11 years, the compounded value of Security B should be somewhat less than twice the compounded value of Security A. (Ignore risk, and assume that compounding occurs annually.)

Answer the following statement true (T) or false (F)

Business

Wexford Co purchased a new delivery truck at the beginning of 2016 . The truck has a cost of $37,000, an estimated life of 5 years, and an estimated residual value of $7,000 . A full year's depreciation expense is to be recorded in 2016 . The truck was driven 20,000 miles during 2016 and 24,000 miles during 2017 . The number of expected miles over five years is 100,000. Refer to information for

Wexford Co By what amount would double-declining-balance depreciation exceed straight-line depreciation over the 5-year life of the truck? a. The salvage value of $7,000. b. Cost less total depreciation. c. Cost plus total depreciation. d. Total depreciation expenses under double-declining-balance and straight-line depreciation are equal.

Business

______ is a "we feeling" that binds group members together.   

A. Maintenance B. Groupthink C. Norming D. Social loafing E. Group cohesiveness

Business

Describe the elements of the communication process. Illustrate it with a simple example.   

What will be an ideal response?

Business