According to a chain of production, Retailing includes all activities involved in selling goods and services to ultimate consumers for their personal use.
What is Retailing?Retailing is part of the Supply process in which sellers sell products or services to the final consumer that would use it.
Retailing involves selling commodities and services.
Other parts of the Supply chain includes:
ManufacturingWholesalingWarehousingLogisticsRetailingHence, in this case, it is concluded that the correct answer is "Retailing."
Learn more about the Supply chain here: https://brainly.com/question/25160870
where does McKenna grace live? Brainliest for the correct answer
Answer:
McKenna grace lives in Texas of America.
Why is it important to create a class such as Admin or Overhead when you set up class tracking?
A. So you know how much you spend on administrative support
B. So you can consistently apply classes to all transactions
C. So you can track the supplies you purchase for your company
D. So your balance sheet by class report will be accurate
The correct option is (B). It is important to create a class such as Admin or Overhead when setting up class tracking to consistently apply classes to all transactions and ensure an accurate balance sheet by the class report.
When setting up class tracking, it is important to create a class such as Admin or Overhead to consistently apply classes to all transactions. This ensures that all expenses related to administrative support are accurately tracked and helps you know how much you spend on such support.
Additionally, tracking the supplies you purchase for your company helps with budgeting and identifying any areas where costs can be reduced. Finally, creating classes ensures that your balance sheet by class report will be accurate, which is important for financial analysis and decision-making. By tracking expenses by class, you can better understand the financial health of your business and make informed decisions about future investments or cost-cutting measures.
To know more about the Admin visit:
https://brainly.com/question/32092289
#SPJ11
in service organizations, what is considered to be one of the major links in the supply chain?
In service organizations, one of the major links in the supply chain is often the suppliers of raw materials, goods, and services that are necessary to deliver the service to the customer.
Medical equipment, drugs, and other medical goods suppliers are key links in the supply chain in a healthcare organisation. Suppliers of information, software, and technology are key supply chain elements in a consulting firm.
These suppliers supply the necessary inputs, which are then turned into the final service given to the consumer. As a result, their quality, dependability, and timeliness are critical to ensuring that the service is given successfully and efficiently.
Service organisations frequently collaborate closely with their suppliers in order to manage the supply chain, assure quality control, and reduce costs.
For such more question on supply chain:
https://brainly.com/question/29241738
#SPJ11
What is a benefit of a company publishing a sustainability report?
The transparency it offers into the firm's environmental and social effect, as well as its progress toward attaining sustainability goals, is one advantage of a corporation producing a sustainability report.
What are the advantages of a business releasing a sustainability report?A company's transparency into its environmental and social effect as well as its progress toward attaining sustainability goals is one advantage of producing a sustainability report.By displaying a dedication to ethical corporate behaviour, this transparency can aid in fostering confidence among stakeholders, including clients, investors, and staff.Additionally, by establishing the organisation as a pioneer in sustainable business practises, it can help to generate a competitive advantage in the marketplace.The advantages of issuing a sustainability report are numerous. The report offers a thorough analysis of the company's environmental, social, and governance (ESG) performance.This promotes trust among stakeholders by demonstrating the firm's dedication to its principles and efforts to sustain operations. The report also offers insightful information about the business's present and long-term sustainability objectives, which may be used to spot chances for growth and problem areas.Finally, releasing a sustainability report can assist the business in luring new investors by demonstrating that it is proactive in reducing its impact on the environment and society.To learn more about Stakeholder theory refer to:
https://brainly.com/question/20116104
#SPJ4
A local real estate investor in Orlando is considering three alternative investments: a motel, a theater, or a restaurant.
The motel and restaurant will be affected by the availability of gasoline and the number of tourists,
while the theater will be relatively stable under any conditions. The following payoff table shows the profit ( or losses) resulting from each investment.
Investment Shortage Stable Surplus
Motel ($8,000) $15,000 $20,000
Restaurant $2,000 $8,000 $6,000
Theater $6,000 $6,000 $5,000
Determine the best investment using the following decision criteria:
a) Maximax
b) Maximin
c) Minimax regret
d) Hurwicz (a=.4)
e) Equal likelihood
A) Maximax: The best investment using the Maximax criterion is the Motel with a $20,000 excess return.
B) Maximin: The best investment using the Maximin criterion is a restaurant with a return of $8,000 for a stable situation.
C) Minimax Regret: The best investment using the Minimax Regret criterion is a theater with a return of $6,000 regardless of the situation.
D) Hurwicz (a=0.4): The best investment using the Hurwicz criterion with a=0.4 is a restaurant with a return of $8,000 for a stable situation.
E) Equal Probability: The best investment using the equal probability criterion is a theater with a $6,000 payout regardless of the situation.
To know more about investment decision click here
https://brainly.com/question/14184055
#SPJ4
I live in a country where I can compare prices of gold necklaces at different stores and ultimately decide what storm going to buy the necklace I want. What kind of economy do I live in? Explain
Based on the information provided, it seems that you live in a market economy. In a market economy, individuals and businesses make decisions about what to produce and consume based on market demand and supply.
Prices are determined by the forces of supply and demand, and consumers are free to choose where to buy goods and services based on price, quality, and other factors.
In your case, you are able to compare prices of gold necklaces at different stores, which is a sign of a competitive market where businesses are trying to attract customers by offering lower prices or better quality. This means that the government likely has limited involvement in regulating prices or controlling production.
Market economies are characterized by private ownership of property and resources, as well as the ability of individuals to engage in entrepreneurship and innovation. However, they also have their own challenges, such as income inequality and the potential for monopolies or market failures.
To know more about market economy click this link-
rainly.com/question/30714952
#SPJ11
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
Read more about net income here:
https://brainly.com/question/28390284
#SPJ1
If you enroll a person in a Sequence, what happens when they respond?
a.The "post-contact" steps of the sequence are triggered,
b.The sequence continues executing until all of the steps are completed.
c.The sequence alerts you that they have responded.
d.The sequence automatically terminates.
Option d: When a participant is added to a series and responds, the sequence ends automatically.
In mathematics, a sequence is a list of objects where repeats are allowed and the order is crucial. Like a set, it has members (sometimes called words or phrases). The number of entries in the series determines its length (which could be infinite). Unlike a set, a sequence may/might/can contain the same things more than once at different locations, and unlike a set, the sequence's order is crucial.
A sequence can be formalised as a function between natural numbers (the places of the sequence's parts) and the things that are present in each of those positions. It is possible to think of an indexed family, which is a function from any index set, as a generalisation of the concept of a sequence.
To learn more about sequence, here:
https://brainly.com/question/9296745
#SPJ4
4
BU
Why do even the most successful events reach the decline stage?
Ο Α. There are tight budgeting restrictions.
O B.
Nothing tangible is being sold.
O C.
Entertainment always grows stale.
There's always an end date.
D.
There's always an end date even the most successful events reach the decline stage.
What is the secret to an effective budget?Having attainable, measurable, and quantifiable goals is the first step in creating a realistic budget. In this approach, both the forecast and the budget are transformed into useful tools for achieving success.
What makes event budgeting crucial?Budgeting entails creating a properly thought-out strategy for how much money you can spend on a certain activity in any industry. Yet, one of the reasons it's so important for event planning is that it enables planners to establish a goal profit and determine the amount they must earn to break even.
To know more about decline stage visit:
https://brainly.com/question/29491452
#SPJ9
interest bearing notes include certain bonds and certificate of deposits because they pay interest on what continuum?
Interest-bearing notes, such as bonds and certificates of deposit (CDs), are financial instruments that provide continuous interest payments over a specific period of time. Bonds are issued by governments or corporations to raise funds, while CDs are offered by banks as time deposits.
Bonds represent a debt obligation where investors lend money to the issuer. In return, the issuer makes periodic interest payments to bondholders until the bond matures, at which point the principal amount is repaid.
On the other hand, CDs involve depositing money with a bank for a fixed term. The bank pays interest on the deposit at regular intervals, such as monthly or annually, until the CD reaches maturity.
These interest-bearing instruments allow investors to earn a return on their investment through regular interest payments. The timing and frequency of these payments depend on the terms of the specific bond or CD.
Overall, interest-bearing notes provide investors with a means to generate income by receiving continuous interest payments during the specified period of the investment.
Learn more about certificates
https://brainly.com/question/17011621
#SPJ11
Select the answer that best describes the ethical guideline followed in each scenario. a customer calls the support center of a company to get advice on which digital camera is best for her needs. the customer support employee listens to her needs and provides recommendations appropriate for her. be fair and honest with customers. do no harm to a company when leaving. protect passwords and system access of users.
The best description of the ethical guideline that is followed in the scenario that a customer calls the support center of a company to get advice on which digital camera is best for her needs is to be fair and honest with customers.
What ethical consideration applies to customers?When dealing with customers, it is important that a company deals with them in a fair and honest way that would ensure that the customer gets the best help. It is important that the company recommends the product that will best help the customer and not the one that would bring them the most profit at the customer's expense.
An example of being fair and hones with customers is when a customer support employee listens to the needs of customer and then provides products are most appropriate for the customer.
Find out more on how to handle customers at https://brainly.com/question/2040044
#SPJ1
Answer:
be fair and honest with customers
Explanation:
edge
In a mixed market economy, money goes to the government in the form of __________. A. Rent B. Taxes C. Loans D. Interest ASAP ECONOMICS
In a mixed market economy, money goes to the government in the form of taxes. Option B is correct.
In a mixed market economy, the government collects money from taxpayers in the form of taxes. This revenue is then used by the government to fund public services and programs, such as education, healthcare, and infrastructure development. Taxes can take many forms, including income tax, sales tax, property tax, and corporate tax, among others. In a mixed market economy, taxes are typically used to balance the role of the government and the private sector, promoting both economic growth and social welfare.
Taxes can be classified into different categories, such as progressive taxes, which increase as income increases, and regressive taxes, which take a larger percentage of income from lower-income individuals. The government also uses taxes to incentivize certain behaviors or industries, such as tax breaks for businesses that invest in renewable energy.
In a mixed market economy, the government's role in taxation and spending is often a topic of debate, as different groups may have varying opinions on the appropriate level of government intervention in the economy. However, most economists agree that some level of government involvement is necessary to ensure economic stability and promote social welfare. Option B is correct.
To know more about the Mixed market economy, here
https://brainly.com/question/28404173
#SPJ4
a. How would you proceed with the task of modifying the performance management process to include a teamwork component?
b. How would one go about collecting information about an employee’s performance as a team member?
a. Modify performance management process: Define teamwork expectations, set team goals, incorporate 360-degree feedback, and foster a collaborative culture.
b. Collect employee's teamwork performance data: Use peer evaluations, team assessments, project outcomes, and observations to gather information.
a. I would advise taking the following actions to change the performance management procedure to include a collaborative component:
1. Clearly define the expected collaborative behaviors and outcomes that are in line with organizational objectives and values.
2. Create team-based objectives: Include specific team goals in addition to individual objectives to encourage cooperation and interdependence.
3. Incorporate 360-degree evaluations: To get a complete picture of an employee's performance in terms of teamwork, collect feedback from peers, stakeholders, and team members.
b. A number of techniques are used to gather data about an employee's performance as a team member.
1. Peer evaluations: Encourage team members to offer comments on the effectiveness of their colleagues' teamwork, stressing areas for improvement and offering concrete examples.
2. Team evaluations: Hold frequent evaluations when team members examine their efficacy as a team, highlighting areas of success and potential problems.
3. Project outcomes: To evaluate a worker's ability to contribute and collaborate, look at the outcomes of group projects or initiatives.
Learn more about management process here:
https://brainly.com/question/30654719
#SPJ11
A nonprofit organization is trying to convince a mayor to adopt a Citywide recycling program the group includes this sentence and its presentation according to the governmental sources 75% of waste is recycled wool but only 30% is actually recycled which type of hook is it being used A)call to action B)funny story C)question D)statistic
Answer: call to action
Explanation:
The answer to the question is call to action because:
The non-profit organization wants the mayor to adopt a citywide recycling program. The organization wants the mayor to take action against pollution by adopting this program. This is an example of call to action.
Best of Luck!
Answer:
d
Explanation:
which activity is most likely to be outsourced by an automotive company such as Ford Motor Co.?
a) the concept design for future cars
b) final car assembly
c) design of the engine
d) production of tires
The correct option is D, production of tires is most likely to be outsourced by an automotive company such as Ford Motor Corporation.
A corporation is a legal entity that is separate and distinct from its owners, known as shareholders. It is created under the laws of a particular state or country and has the ability to enter into contracts, borrow money, sue and be sued, and conduct business operations.
The shareholders of a corporation provide capital in exchange for ownership through shares of stock. The corporation is managed by a board of directors who are elected by the shareholders and are responsible for setting policy and making major business decisions. One of the key benefits of incorporating is limited liability. This means that the shareholders are generally not personally liable for the debts and obligations of the corporation.
To learn more about Corporation visit here:
brainly.com/question/11745931
#SPJ4
BOVE
Part C
Research online and Identify at least five skills that an administrator working for an automobile dealership would need. You can refer to job
descriptions provided by recruitment agencies. How do you think these skills will help newly appointed administrators to perform their job?
Answer:
Here are five key skills that an administrator in an automobile dealership would need:
Communication/interpersonal skills: Administrators would have to work with clients that come in for test drives. Having good interpersonal skills would help them respond to customers’ queries more effectively. A friendly and outgoing personality would make them more approachable for the customers. An ability to speak and understand multiple languages would help an administrator deal with customers who are not fluent in English. An administrator must be able to communicate effectively, both verbally and through nonverbal cues.
Organizational skills: Administrators need to be well organized in their work involving customers. They would be required to schedule and organize test drives, arrange meetings, keep a record of customers’ documents, handle car insurance matters, and provide other assistance to customers.
Prioritize: Administrators would have to handle several tasks (described earlier), so they should be able to prioritize and schedule tasks effectively.
Manage: An administrator would have to manage the daily operations, such as ensuring that customers submit authentic documents, making appointments, and scheduling test drives. The administrator is also responsible for managing employee behavior, safety, and compliance with the company’s policies.
Reasoning and mathematical skills: An administrator would need to have above-average mathematical skills in order to maintain the company’s accounts dealing with sales and servicing. The person would need logical reasoning skills to facilitate decision making and process management.
Explanation:
PLATO
what should managers know about communication in the workplace
The things that managers should know about communication in the workplace is: Communication can help build strong relationships at workplace.
What is communication?Communication can be defined as the way in which people tend to interact with one another. Communication can be inform of written or oral communication.
Effective communication is essential in a workplace based on the fact that it can help people to build relationship at a workplace . Based on this the manager should know that effective communication can as well help to foster trust among employees.
Therefore effective communication is essential at workplace.
Learn more about communication here:https://brainly.com/question/26152499
#SPJ1
THIS IS FOR ECONOMICS (please help)
Gas prices have risen over a dollar the last 3 months. Apply the concept of supply and demand and explain what would happen to the supply of gas and the demand for gas as a result of this increase
Answer:
REATAE THIS PLS
Explanation:
What are the three basic functions of money ?
Answer: Money has three primary functions. It is a medium of exchange, a unit of account, and a store of value: Medium of Exchange: When money is used to intermediate the exchange of goods and services, it is performing a function as a medium of exchange.
The three basic functions of money are store of value, unit of account, and medium of exchange.
What is money?The exchange of commodities and services is referred to as "money." The currency is the country's currency. Different countries use various currencies. Money is typically represented by paper notes and coins. When compared to the batter system, money is more convenient.
There are the three basic money functions such as medium of exchange to currency, it was the paper note into the monetary term. Money was the basic purpose of the buying and selling. It was the easily to the store and spend on as per the conveniently.
As a result, the significance of the three basic functions of money are the aforementioned.
Learn more about on money, here:
https://brainly.com/question/14253896
#SPJ6
What is one purpose of the Federal Trade Commission?
A. To reduce government involvement in business
B. To develop international trade policies
C. To reduce competition between companies
D. To prevent unfair practices against consumers
Answer:
its d to prevent unfair practices against consumers
Explanation:
QuestionWhen economists say that the demand for a product has increased, they mean that the _________________.Ademand curve for the product has shifted to the rightBprice of the product has fallen, and consequently consumers are buying more of the product.Ccost of producing the product has increasedDamount of the product that consumers are willing to purchase at various prices has increased.Medium
When economists say that the demand for a product has increased, they mean that the consumers are willing and able to purchase more at any given price.
When an economist says that the demand for a specific commodity has increased, he or she wants to explain that the consumers or buyers are willing to consume further affair at the same price position, which is farther represented by a rightward shift in the demand wind.
In economics, demand depicts the nature and geste of a consumer when he makes buying opinions in the request. The law of demand is applicable for normal goods as it describes the downcast leaning wind for a product whose volume demanded increases with the drop in the price position and vice-versa.
to know more about demand, visit: brainly.com/question/29703449
#SPJ4
major differences between service companies and retail or manufacturing companies is that retailers and manufacturers must account for
The main difference between service companies and retail or manufacturing companies is that retailers and manufacturers must account for;
Inventory and Cost of GoodsInventory refers to the goods in stock which the business wishes to sell in order to make a profit from.
Retailers and manufacturers produce items that will be sold and these items need to be stocked somewhere till the need for them arises.
The same is not applicable to service companies because they do not have physical goods to sell.
Also, the cost of goods refers to the direct cost of producing goods. Since service companies do not produce goods, this is not accounted for.
Learn more here:
https://brainly.com/question/15015056
21. company abc has sales of $418,000, total equity of $224,400, a tax rate of 23 percent, a debt-equity ratio of 0.37, and a profit margin of 5.1 percent. what is the return on assets? (5 points)
The return on assets (ROA) is a financial ratio that measures how efficiently a company is using its assets to generate profits. To calculate ROA, we need to divide the net income by the total assets of the company.
Step 1: Calculate the total debt of the company.
Debt-equity ratio = Total debt / Total equity
0.37 = Total debt / 224,400
Total debt = 0.37 * 224,400
Total debt = 83,148
Step 2: Calculate the total assets of the company.
Debt-equity ratio = Total debt / Total equity
1 = Total debt / Total equity + Total assets
1 = 83,148 / 224,400 + Total assets
Total assets = 307,452
Step 3: Calculate the net income of the company.
Profit margin = Net income / Sales
5.1% = Net income / 418,000
Net income = 0.051 * 418,000
Net income = 21,318
Step 4: Calculate the return on assets (ROA).
ROA = Net income / Total assets
ROA = 21,318 / 307,452
ROA = 0.0693 or 6.93%
Therefore, the return on assets (ROA) for company ABC is 6.93%.
Learn more about return on assets (ROA): https://brainly.com/question/30403922
#SPJ11
Describe the role of the entrepreneur in the decision making process.
Outline the following roles of an entrepreneur in economic development:
a) collaborating;
b) providing goods and services to satisfy citizens;
c) creating jobs ; and,
d) contributing to nation building
The following roles of an entrepreneur in economic development is generally and actually providing goods and services to satisfy citizens Option(b) is correct.
What is Economic Development?In the economics investigation of the public area, economic and social development is the cycle by which the economic prosperity and personal satisfaction of a country, district, neighborhood local area.
The term has been utilized often in the twentieth and 21st hundreds of years, yet the idea has existed in the West for far longer. "Modernization", "Westernization", and particularly "industrialization" are different terms frequently utilized while talking about economic development.
Therefore Option(b) is correct By and large, economic development arrangements zeroed in on industrialization and foundation; since the 1960s, it has progressively centered around neediness decrease.
Learn more about Economic Development here:
brainly.com/question/1645709
#SPJ1
What Came first, the color orange or the fruit?
The citrus definitely got named first. The earliest recorded use of orange the fruit in English is from the 1300s and came to us from the Old French orenge, adapted from the Arabic nāranj, from the Persian nārang, from the Sanskrit nāranga (“orange tree”)
Answer:
the fruit
Explanation:
The citrus definitely got named first. The earliest recorded use of orange the fruit in English is from the 1300s
what is quality control?: on target, least variation precision and least tolerance accuracy and on-target high reliability low noise and tight-tolerance
Quality control is a process that is designed to ensure that the quality of a product or service meets or exceeds specified standards.
It involves monitoring and testing products or services to ensure they meet the desired level of quality, and making any necessary adjustments to the production process to improve the quality if needed. Quality control aims to improve and maintain the on-target precision of the product, reduce variation, ensure accuracy, boost reliability, reduce noise, and tighten the tolerance limits.
What are the four different methods of quality control?Process control, control charts, acceptance sampling, and product quality control are the four forms of quality control.
Learn more about Quality control
https://brainly.com/question/20892066
#SPJ4
Writ (T) for True and (F) for False Statements: All desires of human beings are known as ‘Demand’. Demand is inversely related with income of the consumer. Supply is the quantity which actually brought by the seller to sell in the market. The stock of perishable goods are similar to the supply quantity. Demand curve goes upward to the right, to show inverse relationship between price and demand for good. When the price of Giffen good increases, its’ demand also increases. Income demand means relationship between price and demand quantity. Size of population is also a determinant of demand. Individual demand means all quantity demanded by buyers in the market. Means and willingness are necessary factors to be demand. Fill in the Blanks by Suitable word Two major wheels of the economy are …….. and ……. …. … …. is the desire from sellers side. The major determinant of demand is … … The situations when law of demand is not applicable is known as its …. ….. Beggar’s desire is not regarded as demand, because he may not have … …. When price of one good affects to the demand for other good, this situation is known as … …. Demand is the effective desire backed by …. ….. and ……….. When price of a good increases, its demand …. ….. but the supply …… ….. Those goods, which can be consumed alternatively are termed as …. …… goods. ….… are those goods, whose demand rises when income the consumer decreases.
Answer: (1) F, (2) F, (3) T, (4) F, (5) F, (6) T, (7) F, (8) T, (9) F, (10) T
Please check Explanation below for answers to section 2
Explanation: All desires of human beings are known as demand is False.
(1) Demand is the quantity of goods and services that a consumer is "willing" and "able" to buy at a "given price" and at a "particular point in time." Therefore, that someone desires a beautiful house does not constitute demand, but certain conditions must be present and one of such is his ability (that is money) to buy the house.
(2) Demand is inversely related with the income of the consumer is False.
On the contrary, demand is directly related with the income of the consumer, that is, both variables move in the same direction. Simply put, as the income of the consumer rises, his total demand for a commodity or service will also rise, and likewise if the income of a consumer falls, hos total demand for a commodity will also fall or reduce.
(3) Supply is the quantity which is actually brought by the seller to sell in the market is True.
This is the simplest way to put the definition of supply which is defined as the quantity of a commodity that a seller is willing to sell at a given price and at a given point in time.
(4) The stock of perishable goods are similar to the supply quantity is False.
The supply quantity includes the entire stock of goods that the seller or producer is willing to sell regardless of its status (perishable or not).
(5) Demand curve goes upward to the right, to show inverse relationship between price and demand for good is False.
Demand curve actually slopes downward to the right, and this shows an inverse relationship between quantity demanded and price of a commodity. That means, as the demand increases the price reduces, and as the price increases the demand reduces. This follows the law of demand which states that, "other factors being held equal, the higher the price the lower the quantity demanded and, the lower the price the higher the quantity demanded."
(6) When the price of Giffen goods increases, its demand also increases is True.
Giffen goods also known as inferior goods (or staple foods most often) are such that the consumers of such goods usually do not have better alternatives. Hence as the prices of such goods rise the consumer demands equally rise (contrary to the law of demand).
(7) Income elasticity of demand means relationship between price and demand quantity is False.
Income elasticity of demand is the relationship between the consumer income and the quantity demanded, and it measures the rate of response of the quantity demanded in relation to the rate of change in income.
(8) Size of population is also a determinant of demand is True.
The determinants or factors of demand are those that affect the level of demand, and when the population increases the level of quantity demanded will also increase, and vice versa.
(9) Individual demand means all quantity demanded by buyers in the market is False.
Individual demand is clearly distinct from market demand. Market demand is the totality of all the individual demands for a commodity.
(10) Means and willingness are necessary factors to have demand is True.
Just as explained in number (1) above, demand can only be effective if there is the means (money/resources) and the willingness to make a purchase. If these two conditions are not met, then desire for a commodity alone cannot be termed as demand.
Fill in the blanks by suitable words;
Two major wheels of the economy are Demand and Supply, Supply is the desire from sellers side. The major determinant of demand is Price. The situation when law of demand is not applicable is known as Abnormal demand. Beggar's desire is not regarded as demand, because he may not have ability. When price of one good affects the demand for another good, this situation is known as Substitute goods. Demand is the effective desire backed by Ability and willingness. When price of a good increases, its demand decreases but the supply increases. Those goods which can be consumed alternatively are termed as substitute goods. Inferior or Giffen goods are those good whose demand rises when the income of the consumer decreases.
Colby works as a shipping clerk for a major package delivery service. Some of his daily tasks include tracking shipments and entering orders. Which aspect of the Information Technology cluster would he most likely be trained in?
networking
databases
hardware
software
Answer:
Databases
Explanation:
Just took the test!
Databases aspect of the Information Technology cluster would he most likely be trained in. Thus option B is correct.
What is a Technology?Technology, or as it is occasionally referred to, the modification and management of the environment, is the application of knowledge of science to the practical goals of human life. Much as diminishing scarcity is understood to be mankind's primary goal.
In keeping this process where the keeping of database of the document and labeling of the shipment is necessary there for the call be tracked in the database a set of the technology.
This would help them to maintain particular software where the shifting of containers or the packages that have been present will be present and will be accounted for. Therefore, option B is the correct option.
Learn more about Technology, Here:
https://brainly.com/question/9171028
#SPJ6
If you are interviewed by more than one person, you should send a thank-you note to _____.
each person in the interview
each person you see in the building
the first person you are introduced to
the person who is obviously leading the interview
Answer:
option A is correct.
i.e.
each person in the interview.
Explanation:
Because thank-you letter provides a simple but effective way to express gratitude to all the individuals you met with.
What forms can firms take?
Answer:
sole proprietorship
partnership
corporation
limited liability company