Answer:
c. Develop a marketing mix to satisfy the needs of the organization as well as the needs of individual purchasing managers.
Explanation:
- In order to have smart selling in business, one needs to have an emphasis on the various benefits that are offered by the product to the client.
- Such as on the sales of A/C one needs to offer insights and ideas to the buying customers, show appreciation by providing gifts to the purchasing managers.
- Even explain how the products and services can help boost profit. Rather than developing a marketing plan to meet the need of the customers as it is not their concern.
Answer:
$880
Explanation:
For savings, we have to compute the total operating cost of Trail Blazer and the Grand Cherokee which is shown below:
The Total operating cost of Trail Blazer = Repair + Annual operating costs
= $8,000 + $2,680
= $10,680
And, the Total operating cost of Grand Cherokee would be
= Acquisition cost + annual operating cost
= $8,000 + $1,800
= $9,800
So, the net saving would be
= $10,680 - $9,800
= $880
<u>Solution and Explanation:</u>
<u>Purchased</u>
Date Description Units Value Per unit cost
1st august Purchase 300 1560 5.20
12th august Purchase 400 2340 5.85
24th august Purchase 400 2520 6.30
30th august Purchase 300 1980 6.60
Total 1400 8400
The Closing quantity = 500
The number of Units that have been sold = 900
Value of inventory as per First in first out ( FIFO) method is calculated as follows
= 3240
Therefore, the answer is $3240.
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