Which of the following trends in sales has led to an increase in both the education and skills a salesperson needs?

A) an increase in commission per sale
B) an increase in the time spent on personal relationships
C) an increase in web-based selling channels
D) a shift from in-person to telephone sales
E) a shift from "selling" to "consulting"

E

Business

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CVP, sensitivity analysis

The Derby Shoe Company produces its famous shoe, the Divine Loafer that sells for $70 per pair. Operating income for 2013 is as follows: Sales revenue ($70 per pair) $350,000 Variable cost ($30 per pair) 150,000 Contribution margin 200,000 Fixed cost 100,000 Operating income $100,000 Derby Shoe Company would like to increase its profitability over the next year by at least 25%. To do so, the company is considering the following options: Required: 1. Replace a portion of its variable labor with an automated machining process. This would result in a 20% decrease in variable cost per unit but a 15% increase in fixed costs. Sales would remain the same. 2. Spend $25,000 on a new advertising campaign, which would increase sales by 10%. 3. Increase both selling price by $10 per unit and variable costs by $8 per unit by using a higher-quality leather material in the production of its shoes. The higher-priced shoe would cause demand to drop by approximately 20%. 4. Add a second manufacturing facility that would double Derby's fixed costs but would increase sales by 60%. Evaluate each of the alternatives considered by Derby Shoes. Do any of the options meet or exceed Derby's targeted increase in income of 25%? What should Derby do?

Business

The following sentences may have misspelled words or incorrect punctuation. Make all corrections that are needed. If a sentence is correct as it is now written, write "Correct" by it

Your flight is at eight a.m.

Business