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Maryann and Don Want to Open Their Own Deli

question 34

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Maryann and Don want to open their own deli.To do so,Maryann must give up her job,where she earns $20,000 per year,and Don must give up his part-time job,where he earns $10,000 per year.They must liquidate their money market fund,which earns $1,000 interest annually.The rent on the building is $10,000 per year,and the expenses of such necessities as utilities,corned beef,and pickles are $35,000 annually.The minimum amount of revenue per year that would make it worthwhile,financially,for Maryann and Don to run the deli is _____


Definitions:

Sales Management Process

A systematic approach involving strategies, techniques, and tools to drive sales efficiency and achieve business revenue targets.

Sales Plan Implementation

The process of putting a strategic sales plan into action to achieve specific business goals and objectives.

Repeat Sales

Subsequent purchases made by customers who return to buy the same product or service after their initial purchase.

Follow-up

The process of maintaining contact with customers or clients after a transaction to ensure satisfaction or to continue the relationship.

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