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Excellence in Business Communication (11th Edition)
11th Edition
ISBN: 9780133544176
Author: John V. Thill, Courtland L. Bovee
Publisher: PEARSON
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Question
Chapter 10, Problem 10.9aE
Summary Introduction
To Determine:
Who is the intended audience for the sales letter?
Introduction:
The direct-mail package is a part of the direct marketing method wherein the seller sends a letter or an envelope or a brochure directly to the customer's email address. While preparing sales letter the person has to make it appealing since the customer will decide to buy or not based on the sales message. The following are some of the points to write an effective sales letter:
- The person must step into the shoes of the customer.
- The person must organize the letter properly. The letter must include introduction, body and a close.
- The letter must be easy to read and understand.
- The letter must contain captions or headlines that capture the reader's attention.
- The person must make the readers want his product or service. This can be done by thinking from the customers' point of view and designing the letter that fulfills the requirement of the customer.
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Assume an investor deposits $116,000 in a professionally managed account. One year later, the account has grown in value to $136,000 and the investor withdraws $43,000. At the end of the second year, the account value is $107,000. No other additions or withdrawals were made. During the same two years, the risk-free rate remained constant at 3.94 percent and a relevant benchmark earned 9.58 percent the first year and 6.00 percent the second. Calculate geometric average of holding period returns over two years. (You need to calculate IRR of cash flows over two years.)
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Chapter 10 Solutions
Excellence in Business Communication (11th Edition)
Ch. 10 - Prob. 1CACh. 10 - Prob. 2CACh. 10 - Prob. 1LOCCh. 10 - Prob. 2LOCCh. 10 - Prob. 3LOCCh. 10 - Prob. 4LOCCh. 10 - Prob. 5LOCCh. 10 - Prob. 6LOCCh. 10 - Prob. 7LOCCh. 10 - Prob. 8LOC
Ch. 10 - Prob. 9LOCCh. 10 - Prob. 10LOCCh. 10 - Prob. 11LOCCh. 10 - Prob. 12LOCCh. 10 - Prob. 13LOCCh. 10 - Prob. 14LOCCh. 10 - Prob. 15LOCCh. 10 - Prob. 16LOCCh. 10 - Prob. 17LOCCh. 10 - Prob. 18LOCCh. 10 - Prob. 10.1AYKCh. 10 - Prob. 10.2AYKCh. 10 - Prob. 10.3AYKCh. 10 - Prob. 10aPYSMFACh. 10 - Prob. 10bPYSMFACh. 10 - Prob. 10cPYSMFACh. 10 - Prob. 10.4aECh. 10 - Prob. 10.4bECh. 10 - Prob. 10.4cECh. 10 - Prob. 10.4dECh. 10 - Prob. 10.5aECh. 10 - Prob. 10.5bECh. 10 - Prob. 10.5cECh. 10 - Prob. 10.5dECh. 10 - Prob. 10.5eECh. 10 - Prob. 10.5fECh. 10 - Prob. 10.5gECh. 10 - Prob. 10.6aECh. 10 - Prob. 10.6bECh. 10 - Prob. 10.6cECh. 10 - Prob. 10.7ECh. 10 - Prob. 10.8aECh. 10 - Prob. 10.8bECh. 10 - Prob. 10.8cECh. 10 - Prob. 10.9aECh. 10 - Prob. 10.9bECh. 10 - Prob. 10.9cECh. 10 - Prob. 10.9dECh. 10 - Prob. 10.9eECh. 10 - Prob. 10.9fECh. 10 - Prob. 10.9gECh. 10 - Prob. 10.9hECh. 10 - Prob. 1EYSCTPCh. 10 - Prob. 1SYCKO
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