Pls help with below homework, select correct option and explain it. Which of the following describes a situation when a salesperson should make an offer conditional upon obtaining insurance?O select one aner.O Abuyer warts to purchase a property with a utityeemert in the rear.A buyer wants to purchase a cottage across a provincialforest.Abuyer warts to purchase a property without allowableparengA buyer wants to purchase a cottage located in a remotenorthern area.

The salesperson of a company plays the most significant role in the marketing and selling process as…

Answered: which of the following describes a…

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

See similar textbooks

Similar questions

which of the following is appropriate for a licensee to make when talking to a seller concerning fees? A) The commission rate is independently established based on the cost and is negotiable. B) The real estate board has a rule requiring a set commission rate C) I must charge you a set rate because all brockers charge that rate in this area. D) The standard fee for a resale is 6%
A few days before the end of the term of a two-year NDA (nondisclosure agreement) he signed witha startup company related to a possible patent, Frank interviewed with another startup and divulgedinformation covered by the agreement. The interview had been scheduled for a week later, in whichcase it wouldn’t have been an issue, but had been moved up when another job applicant dropped outand the company had an opening for an earlier interview. Frank reasoned that he had met the spiritof the NDA, and a few days early wouldn’t really matter. Besides, as it turned out, the company heinterviewed with wasn’t interested in that information, although they did hire him. What would youhave done if you were Frank?
A)Essentially, there are four major categories of endorsements. They are: Group of answer choices a)primary, secondary, tertiary and quaternary. b)local, foreign, alien, and mixed. c)donative, creditory, incidental, and mixed. d)blank, special, qualified, and restrictive. B)The words "for deposit only" as part of an endorsement are: Group of answer choices a)blank endorsements. b)special endorsements. c)restrictive endorsement. d)two of the above.
A sponsored licensee owns one-quarter of an investment property. The four owners want to sell the property, but the other three do not want the licensee to mention their licensee to buyers. In Illinois, which of the following is true? A. Because the licensee owns only a quarter, no disclosure is necessary B. If they list the property with the licensee’s sponsoring broker, no disclosure is necessary C. If they list the property with a different broker, no disclosure is necessary D. Disclosure of the license is required
Which statement about allocation of risk regarding differing site conditions and bidding is not correct? A contractor bids higher for a project on which he assumes more risk regarding differing site conditions. Unit prices in a bid help to mitigate the risk of differing site conditions to an owner and a contractor. A contractor’s bid will be affected by the allocation of risk. Differing site conditions are typically less of a source of contention for cost-plus contracts than for lump-sum contracts. An owner should expect higher bids if he accepts more of the risk for himself regarding differing site conditions
For each requirement, state how it is intended to help to address the risk of fraud in publicly traded organizations. a. Boards need to consist of at least 3 independent directors of 1/3 of the board which is higher. b. Boards need to hold regular executive sessions of independent directors without management present.
Derive at least one valid immediate conclusion in the statement and explain it's not the case that some F is G.
Which of the following statements is CORRECT regarding risk and return? Group of answer choices: A stock's market risk is more relevant to an investor with a well-diversified portfolio than to an investor who holds only that one stock. It is impossible to have a situation where the market risk of a single stock is less than that of a portfolio that includes the stock. The higher the correlation between the stocks in a portfolio, the lower the risk inherent in the portfolio. An investor can eliminate virtually all market risk if he or she holds a very large and well diversified portfolio of stocks. Once a portfolio has about 40 stocks, adding additional stocks will not reduce its risk by even a small amount.
Which of the following statements is CORRECT? a. Other things being equal, if a company can reduce its DSO, it will have a higher current ratio. b. Because receivables and payables are both generated by sales transactions, a company with a high receivables-to-sales ratio also has a high payables-to-sales ratio. c. Because of the costs of granting credit, it is not possible for credit sales to be more profitable than cash sales. d. In managing a firm's accounts receivable, it is possible to increase credit sales per day while keeping accounts receivable relatively stable, provided the firm can sufficiently shorten its collection period (its DSO). e. A company that makes 90% of its sales on credit and 10% in cash grows at a consistent rate of 10% each year. Since the 10% cash sales can be used to fund the 10% growth rate, such a company can hold its accounts receivable at the same level.
What is the difference between a customer and a patron?A. Customers pay cash and a patron is someone purchasing on creditB. A customer is a patron who votes at the annual meetingC. A patron is a customer who is entitled to share in the profits through a patronagerefund. The right to receive patronage often comes from being a member.D. A patron owns stock in the cooperative but does not do business with thecooperative

Recommended textbooks for you

Principles Of Marketing

Marketing

ISBN:

9780134492513

Author:

Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:

Pearson Higher Education,

Marketing

ISBN:

9781259924040

Author:

Roger A. Kerin, Steven W. Hartley

Publisher:

McGraw-Hill Education

Foundations of Business (MindTap Course List)

Marketing

ISBN:

9781337386920

Author:

William M. Pride, Robert J. Hughes, Jack R. Kapoor

Publisher:

Cengage Learning

Principles Of Marketing

Marketing

ISBN:

9780134492513

Author:

Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:

Pearson Higher Education,

Marketing

ISBN:

9781259924040

Author:

Roger A. Kerin, Steven W. Hartley

Publisher:

McGraw-Hill Education

Foundations of Business (MindTap Course List)

Marketing

ISBN:

9781337386920

Author:

William M. Pride, Robert J. Hughes, Jack R. Kapoor

Publisher:

Cengage Learning

Marketing: An Introduction (13th Edition)

Marketing

ISBN:

9780134149530

Author:

Gary Armstrong, Philip Kotler

Publisher:

PEARSON

MKTG 12:STUDENT ED.-TEXT

Marketing

ISBN:

9781337407595

Author:

Lamb

Publisher:

Cengage

Contemporary Marketing

Marketing

ISBN:

9780357033777

Author:

Louis E. Boone, David L. Kurtz

Publisher:

Cengage Learning

SEE MORE TEXTBOOKS