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IDIS 330 Exam 1 Correctly Answered Questions | UpToDate | Already Graded A+
Steps of Selling Process : Attention Discovery Solution Commitment Attention : Focus them on you, pique their interest Discovery : Encourage prospects to discuss problems they have Solution : Provide solutions to problems found in discovery. Commitment : Buyer and seller go forward and implement solution Buyer's first business questions 2 | P a g e : What is this about? How can I get rid of this person to get back to my business? Avoid "interested" : Try: Is this at least wo...
- Exam (elaborations)
- • 7 pages •
Steps of Selling Process : Attention Discovery Solution Commitment Attention : Focus them on you, pique their interest Discovery : Encourage prospects to discuss problems they have Solution : Provide solutions to problems found in discovery. Commitment : Buyer and seller go forward and implement solution Buyer's first business questions 2 | P a g e : What is this about? How can I get rid of this person to get back to my business? Avoid "interested" : Try: Is this at least wo...
IDIS 240 Test 2 Evans F2019 Correctly Answered Questions| UpToDate | Already Graded A+
List Price : Listed price of the product. Manufacturers sell from a nationally advertised price. As there is a fluctuation in cost of raw materials or market condition, a discount is offered, but this discount is seldom reflected on the list price. Selling Price : Amount paid by customer that appears on invoice. Selling price = list price - trade discounts Net Price : Customer doesn't pay the full price and a cash discount is announced to pay the bill as soon as possible. Net Pric...
- Exam (elaborations)
- • 18 pages •
List Price : Listed price of the product. Manufacturers sell from a nationally advertised price. As there is a fluctuation in cost of raw materials or market condition, a discount is offered, but this discount is seldom reflected on the list price. Selling Price : Amount paid by customer that appears on invoice. Selling price = list price - trade discounts Net Price : Customer doesn't pay the full price and a cash discount is announced to pay the bill as soon as possible. Net Pric...
IDIS 240 EXAM 1 VESTAL Correctly Answered Questions| UpToDate | Already Graded A+
OEM : Original Equipment Manufacturer - buys the product and "rebrands" to sell as their own with warranty MRO : Maintenance Repair Operation - people who fix something with a problem Contractor : Person who provides supplies or service under contract Breaking bulk : Shipping something in individual components 3PL : 3rd Party Logistics Provider - specializes in warehousing and transportation services that customize to customers based on market conditions RFID 2 | P a g e : Radi...
- Exam (elaborations)
- • 25 pages •
OEM : Original Equipment Manufacturer - buys the product and "rebrands" to sell as their own with warranty MRO : Maintenance Repair Operation - people who fix something with a problem Contractor : Person who provides supplies or service under contract Breaking bulk : Shipping something in individual components 3PL : 3rd Party Logistics Provider - specializes in warehousing and transportation services that customize to customers based on market conditions RFID 2 | P a g e : Radi...
IDIS 240 Final Exam Review Correctly Answered Questions| UpToDate | Already Graded A+
There are three end users as discusses in Overview of the Industrial Channel. Which of the following is one of those end users? Original Equipment Maintenance Owner of Equipment Manufacturer None of these Owner of Equipment Maintenance Original Equipment Manufacturer : Original Equipment Manufacturer If you buy Allen-Bradley products in Houston, Texas, you must purchase from Reynolds Electric, this is an example of ___________ distribution. Exclusive None of these Selective Intens...
- Exam (elaborations)
- • 48 pages •
There are three end users as discusses in Overview of the Industrial Channel. Which of the following is one of those end users? Original Equipment Maintenance Owner of Equipment Manufacturer None of these Owner of Equipment Maintenance Original Equipment Manufacturer : Original Equipment Manufacturer If you buy Allen-Bradley products in Houston, Texas, you must purchase from Reynolds Electric, this is an example of ___________ distribution. Exclusive None of these Selective Intens...
IDIS 240 EXAM 2 - EVAN VESTAL - SPRING 2022 Correctly Answered Questions| UpToDate | Already Graded A+
List Price : Nationally Advertised Price Selling Price : List Price - Trade Discounts = COGS + Margin or = COGS + Markup Net Price : Selling price - all allowable discounts (cash discounts), equal to selling price IF NO DISCOUNTS Cost of Goods Sold (COGS) : Cost of Merchandise + Freight charges from Manufacturer Freight Cost 2 | P a g e : The cost of moving an item from where it was manufactured to either the distributor or the customer's location Free On Board (FOB) : - Comm...
- Exam (elaborations)
- • 27 pages •
List Price : Nationally Advertised Price Selling Price : List Price - Trade Discounts = COGS + Margin or = COGS + Markup Net Price : Selling price - all allowable discounts (cash discounts), equal to selling price IF NO DISCOUNTS Cost of Goods Sold (COGS) : Cost of Merchandise + Freight charges from Manufacturer Freight Cost 2 | P a g e : The cost of moving an item from where it was manufactured to either the distributor or the customer's location Free On Board (FOB) : - Comm...
IDIS 240 Final Exam – Vestal Correctly Answered Questions| UpToDate | Already Graded A+
Cash Flow : Cash in bank > purchased inventory > sold inventory > accounts receivable > cash in bank List Price : The retail price listed selling price : list price - trade discounts Net price : = selling price - allowable discounts (cash discounts) Net Sale Cost of Good Sold (COGS) : = Cost of Merchandise + Freight from Manufacturer Trade Discounts 2 | P a g e : specify term of sale and change of price with how they see fit. Cash Discounts : given to encourage buye...
- Exam (elaborations)
- • 24 pages •
Cash Flow : Cash in bank > purchased inventory > sold inventory > accounts receivable > cash in bank List Price : The retail price listed selling price : list price - trade discounts Net price : = selling price - allowable discounts (cash discounts) Net Sale Cost of Good Sold (COGS) : = Cost of Merchandise + Freight from Manufacturer Trade Discounts 2 | P a g e : specify term of sale and change of price with how they see fit. Cash Discounts : given to encourage buye...
IDIS 240 exam 2 Correctly Answered Questions| UpToDate | Already Graded A+
FOB : Free of board NPBT : Net Profit before tax NPAT : net profit after tax SGA : selling general and administrative expense EBITDA : earnings before interests taxes depreciation and amortization - raising prices increases earning but cutting cogs and expenses provides higher increase GMROII : gross margin return on inventory investment 2 | P a g e EBIT : earnings before interests taxes UOM : unit of measure OEM : original equipment manufacturer MRO : maintenance repair a...
- Exam (elaborations)
- • 12 pages •
FOB : Free of board NPBT : Net Profit before tax NPAT : net profit after tax SGA : selling general and administrative expense EBITDA : earnings before interests taxes depreciation and amortization - raising prices increases earning but cutting cogs and expenses provides higher increase GMROII : gross margin return on inventory investment 2 | P a g e EBIT : earnings before interests taxes UOM : unit of measure OEM : original equipment manufacturer MRO : maintenance repair a...
IDIS 240 FINAL EXAM Correctly Answered Questions| UpToDate | Already Graded A+
OEM stands for : Original Equipment Manufacturer If you buy Allen-Bradley products in Houston, Texas you must purchase from Reynolds Electric, this is an example of ____________ distribution : exclusive MRO stands for : maintenance, repair, and operations 3M products are sold through many distributors. This is an example of _______ distribution? : intensive Bundling Products & Services? : assortment How long customer is willing to wait? : wait time 2 | P a g e When the customer ...
- Exam (elaborations)
- • 17 pages •
OEM stands for : Original Equipment Manufacturer If you buy Allen-Bradley products in Houston, Texas you must purchase from Reynolds Electric, this is an example of ____________ distribution : exclusive MRO stands for : maintenance, repair, and operations 3M products are sold through many distributors. This is an example of _______ distribution? : intensive Bundling Products & Services? : assortment How long customer is willing to wait? : wait time 2 | P a g e When the customer ...
IDIS 240 Vestal Exam 2 Correctly Answered Questions| UpToDate | Already Graded A+
NPBT : Net profit before tax=EBIT- Interest NPAT : Net profit after tax=NPBT- taxes SGA : Selling General and Administrative expenses EBITDA : Earnings before interest, taxes depreciation and amortization GMROII : Gross margin return on inventory investment EBIT : Earnings before interest taxes UOM 2 | P a g e : Unit of measure OEM : Original equipment manufacturer MRO : Maintenance repair and operations Agent : Very similar to a manufacturing sale representative that usually...
- Exam (elaborations)
- • 10 pages •
NPBT : Net profit before tax=EBIT- Interest NPAT : Net profit after tax=NPBT- taxes SGA : Selling General and Administrative expenses EBITDA : Earnings before interest, taxes depreciation and amortization GMROII : Gross margin return on inventory investment EBIT : Earnings before interest taxes UOM 2 | P a g e : Unit of measure OEM : Original equipment manufacturer MRO : Maintenance repair and operations Agent : Very similar to a manufacturing sale representative that usually...
IASSC Green Belt Correctly Answered Questions| UpToDate | Already Graded A+
Six Sigma equals to ____ : 3.4 defects per million opportunities 3 Interpretations of Six Sigma are: : 1. As a performance measure 2. As a problem solving methodology 3. As a management philosophy DMAIC stands for : -Define - Identify the project objective and define the problem to be solved -Measure - Collect necessary data regarding the problem and establish current performance - Analyze - Use the data collected to analyze and screen factors which are the root causes for a probl...
- Exam (elaborations)
- • 17 pages •
Six Sigma equals to ____ : 3.4 defects per million opportunities 3 Interpretations of Six Sigma are: : 1. As a performance measure 2. As a problem solving methodology 3. As a management philosophy DMAIC stands for : -Define - Identify the project objective and define the problem to be solved -Measure - Collect necessary data regarding the problem and establish current performance - Analyze - Use the data collected to analyze and screen factors which are the root causes for a probl...
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AAPC CPC FINAL EXAM WITH 100% CORRECT ANSWER (VERIFIED ANSWERS) | LATEST UPDATE | ALREADY GRADED A+
NHA CMAA Practice Exam | Questions & 100% Correct Answers (Verified) | Latest Update | GradeA+
NJ CALA EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+NJ CALA EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+
MARKETING IN THE DIGITAL ERA D373 WGU OA EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+