If you're writing an unsolicited proposal, you may have to
A) convince readers that a problem exists that must be addressed.
B) analyze the client's business in light of the competition.
C) use a style approved by the American Association of Business Writers.
D) enumerate the client's options regarding such business decisions as product-line expansion.
E) explain why your organization is the most capable of solving the problem.
A
Explanation: A) In some cases, the party receiving the proposal is aware of the problem. For example, a business with obvious roof damage knows that the roof needs repair. In other cases, the party receiving the proposal may not be aware of its problem. In that case, the company submitting the proposal needs to first identify the problem (e.g., your roof has clear signs of structural damage that you may not see) and then convince the owner of the building that it has the right solution to the problem.
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A firm has current assets of $350,000, current liabilities of $200,000, cost of goods sold of $250,000, and inventory of $75,000. The firm's inventory turnover is
A) 5.0 times. B) 3.3 times. C) 2.7 times. D) 2.0 times. E) 4.7 times.
What is the most likely reason that companies such as Gillette (razor blades) and 3M (scouring pads) sell products in smaller package sizes in some developing countries?
A) Family size is small in those countries. B) Some governments require the smaller sizes. C) In those countries, many consumers lack sufficient cash to buy larger quantities. D) These are products for which the cost of altering package size is negligible.