when personal selling efforts continue at retail level, but advertising is severely curtailed, a company is in likely in _____ stage.
Answers
When personal selling efforts continue at the retail level, but advertising is severely curtailed, a company is likely in the "Decline" stage.
In the Decline stage, a company's product or service experiences a decrease in demand, and the focus shifts towards maximizing profitability and minimizing costs. As a result, advertising budgets may be reduced as it may not be as effective in generating new sales or attracting new customers.
Personal selling efforts, on the other hand, continue at the retail level to maintain relationships with existing customers and secure any possible sales. This approach allows the company to continue generating revenue while reducing the expenses associated with marketing and advertising campaigns.
In summary, the Decline stage is characterized by reduced advertising efforts and a continued focus on personal selling to maintain profitability and minimize costs. This stage usually indicates that a product or service has reached the end of its life cycle and may eventually be phased out or replaced with a new offering.
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Related Questions
The financially important reaction to produce the valuable product b not the real name was carried out in
Answers
Answer:
Jesse Pinkman's garage
Explanation:
The product B was carried out in Jesse Pinkman’s garage.
Jesse Pinkman was a character in an American neo-Western crime drama television series "Breaking Bad" where breaking bad was a low budget and have less money to buy equipment for the company.
To overcome this financial problem, Jesse Pinkmanmeet his cousin Bernie who gets reactors for them and the reaction takes place in the liquid phase in Jesse Pinkman’s garage.
Hence, the correct answer is "Jesse Pinkman's garage".
Differential Chemical produced 10,000 gallons of Preon and 20,000 gallons of Preon. Joint costs incurred in producing the two products totaled $7,500. At the split-off point, Preon has a market value of $6.00 per gallon and Preon $2.00 per gallon. Compute the portion of the joint costs to be allocated to Preon if the value basis is used.
Answers
Differential Chemical should allocate $4,500 of the joint costs to Preon using the value basis.
The first step in calculating the portion of joint costs to be allocated to Preon is to determine the total market value of both products at the split-off point. Since Differential Chemical produced 10,000 gallons of Preon and 20,000 gallons of Preon, the total market value of both products would be:
10,000 gallons of Preon x $6.00/gallon = $60,000
20,000 gallons of Preon x $2.00/gallon = $40,000
Total market value = $100,000
Next, we need to calculate the proportion of the total market value that is attributable to Preon. To do this, we can divide the market value of Preon by the total market value:
$60,000 / $100,000 = 0.6
This means that Preon represents 60% of the total market value of both products. Finally, we can use this percentage to allocate the joint costs to Preon:
$7,500 x 0.6 = $4,500
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All financial statements are important, but most managers tend to have one that they look to first. If you were a potential contributor or investor looking at the financial statements of a local regional medical center, which document would you start with? Explain why.
Answers
While other financial statements like the Balance Sheet and Cash Flow Statement are important for a comprehensive analysis of the medical center's financial position and cash flow, the Income Statement is a starting point that provides a clear picture of the medical center's revenue, expenses, and profitability.
If I were a potential contributor or investor looking at the financial statements of a local regional medical center, the document I would start with is the Income Statement, also known as the Statement of Operations or Profit and Loss Statement.
The Income Statement provides a summary of the medical center's revenues, expenses, and net income (or loss) over a specific period, typically on an annual or quarterly basis. Here's why I would choose to start with the Income Statement:
1. Overall Financial Performance: The Income Statement gives an immediate snapshot of the medical center's financial performance. It shows whether the medical center is generating a profit or incurring a loss. By looking at the net income (or loss), I can assess the financial health and profitability of the medical center.
2. Revenue Breakdown: The Income Statement breaks down the medical center's revenue sources. This allows me to understand the composition of the revenue streams, such as patient services, insurance reimbursements, government funding, or other sources. Evaluating the revenue mix helps me gauge the diversity and stability of the medical center's income sources.
3. Expense Analysis: The Income Statement provides a breakdown of various expense categories, such as personnel costs, supplies, facility expenses, and administrative costs. Analyzing the expense structure allows me to understand the medical center's cost management and efficiency. It helps identify areas of potential cost reduction or areas where expenditures may be increasing disproportionately.
4. Profitability Ratios: Using the information from the Income Statement, I can calculate key profitability ratios such as gross profit margin and net profit margin. These ratios provide insights into the medical center's ability to generate profits from its operations, allowing me to compare its financial performance with industry benchmarks or similar healthcare organizations.
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4 of 40if your driver license and license plate(s) are suspended (the first time) for not having insurance under the no-fault law, you will have to pay and show proof of current insurance to get them back.$450$250$350$150
Answers
If a driver's license and license plate(s) are suspended for the first time due to not having insurance under the no-fault law, the driver will need to pay a fee of $150 and show proof of current insurance to get them back.
This fee is stated in the Michigan no-fault law and is required for reinstatement of both the driver's license and license plates. The law is in place to encourage drivers to have insurance, as it is required by law to drive in Michigan. The fee must be paid within 14 days of the suspension notice, or the driver will face additional fees and consequences.
It is important to have car insurance to avoid these fees and to ensure that you are protected in the event of an accident.
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Draw a demand and supply graph for each of the following questions. For each question, start by drawing a correctly labeled graph of the market for cookies in equilibrium. Your starting graphs should each have correctly labeled axes and demand and supply curves. Label the equilibrium price and quantity as p1 and p2 on the axes of each of the starting graphs.
Show the effect on the equilibrium price and quantity in the market for cookies if the price of milk increases. Determine which curve is affected by the change in the price of milk and whether it increases or decreases. On your graph, draw a new curve indicating the shift—either to the right or the left. Label the new equilibrium price and quantity as p2 and q2.
Show the effect on the equilibrium price and quantity in the market for cookies if the price of flour decreases. Determine which curve is affected by the change in the price of flour and whether it increases or decreases. On your graph, draw a new curve indicating the shift—either to the right or the left. Label the new equilibrium price and quantity as p2 and q2.
Answers
The demand and supply graphs for each of the situations mentioned below are attached. See the meanings of related economic concepts below.
What are the ideas associated with graphs?It is to be noted that Milk is used in the baking of cookies. When milk prices rise, so will the cost of making cookies. The supply curve shifts to the left and becomes narrower. From p1 to p2, the equilibrium price rises, whereas the quantity reduces from q1 to q2.
Flour is used in the baking of cookies. The cost of making cookies will decrease when the price of flour declines. The supply curve increases and travels to the right. The equilibrium price decreases from p1 to p2, whilst the quantity increases from q1 to q2.
The interactions described above are responses to the Principles of Demand and Supply:
The rule of supply and demand combines two fundamental underlying notions that explain how price changes affect supply and demand for a resource, commodity, or product. As prices rise, so does supply, while demand falls. When prices fall, supply contracts while demand expands.
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Stanley Inc. must purchase $6,000,000 worth of service equipment and is weighing the merits of leasing the equipment or purchasing. The company has a zero tax rate due to tax loss carry-forwards, and is considering a 5-year, bank loan to finance the equipment. The loan has an interest rate of 10% and would be amortized over 5 years, with 5 end-of-year payments. Stanley can also lease the equipment for 5 end-of-year payments of $1,790,000 each. How much larger or smaller is the bank loan payment than the lease payment? Note: Subtract the loan payment from the lease payment.
a. $177,169
b. $196,854
c. $207,215
d. $217,576
e. $228,455
Answers
The amount larger or smaller is the bank loan payment than the lease payment is: c. $207,215.
Bank loan paymentIn order tom determine the bank loan payment we would be using financial calculator find the PMT by inputting the below data
N= Number of years = 5
1/Y= Interest rate= 10%
PV=Present value= -$6,000,000
FV=Face value = 0
PMT=Payment=?
Hence:
PMT=$1,582,784.88
Now let determine the bank loan payment
Bank loan payment=$1,790,000 -$1,582,784.88
Bank loan payment=$207,215
Inconclusion the amount larger or smaller is the bank loan payment than the lease payment is: c. $207,215.
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TransTech sells its product for $150. Marginal cost is a constant $120 per unit and fixed costs are $71,250.
1. What is the breakeven quantity? Please specify your answer as an integer.
Answers
The breakeven quantity for TransTech is 2,375 units.
The breakeven point refers to level of production at which total revenues equal total expenses. To calculate the breakeven quantity for TransTech, we will use the formula:
Breakeven Quantity = Fixed Costs / (Selling Price - Marginal Cost)
In this case, the given information is as follows:
Fixed Costs = $71,250
Selling Price = $150
Marginal Cost = $120
Plugging in the values into the formula:
Breakeven Quantity = $71,250 / ($150 - $120)
Breakeven Quantity = $71,250 / $30
Breakeven Quantity = 2,375 units
So, based on the given information, the company's breakeven quantity is 2,375 units.
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Larry lives in a rundown house next to the lot that Gus has claimed and is tired of the incessant noise coming from Gus's camper, including loud music and TV. In addition, Gus hosts crazy dance parties outside of his camper every night. This has been going on for three months, and Larry can't take it any longer. Gus's activities represent _____. trespass trespass nuisance nuisance negligence negligence fraud
Answers
Answer:
nuisance
Explanation:
1. Define Trade, Import and Export
2. List items the U.S. imports and exports.
Answers
Answer:
food and clothing
Explanation:
import is to bring things from a different country for sale. export is to give things to a different country or place for sale. trade is to transfer or exchange something from a different country.
consider the following heating curve for the generic substance. what segment of the curve shows the value of the δhfusion of this substance?
Answers
The segment of the heating curve that shows the value of the δHfusion of the generic substance is segment BC.
A heating curve is a graphical representation of the phase transitions that a substance undergoes as it is heated. The horizontal segments of the curve represent the phase changes that occur at a constant temperature. The vertical segments of the curve represent the increase in temperature that occurs within a single phase.
The δHfusion, or enthalpy of fusion, is the amount of energy required to change a substance from the solid phase to the liquid phase at a constant temperature. This phase change occurs at the melting point of the substance.
On the heating curve, the segment that represents the enthalpy of fusion is the horizontal segment that occurs at the melting point of the substance. In the case of the generic substance, this is segment BC. During this segment, the substance is changing from the solid phase to the liquid phase at a constant temperature, and the energy that is being added to the system is being used to overcome the intermolecular forces that hold the substance in the solid phase.
Therefore, the value of the δHfusion of the generic substance can be found by measuring the length of segment BC on the heating curve.
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Which statement about the Federal Reserve (the Fed) is true?
O Unless a person works there, the Fed has little impact on everyday life.
O The Fed determines the criteria banks must use to evaluate loan requests.
O The Fed sets monetary policy, which affects the interest rates banks offer.
O Because it is independent, the Fed reviews and approves the national budget.
Answers
A statement that is true on the Federal Reserve is that C. The Fed sets monetary policy, which affects the interest rates banks offer.
What does the Federal Reserve do ?The American central bank is known as the Federal Reserve System (FRS). It is conceivably the most potent financial organization in the entire globe and is sometimes referred to as "the Fed." It was established to give the nation a secure, adaptable, and stable financial and monetary system.
Its primary duties include controlling the money supply, establishing interest rates, and overseeing the financial system. In times of economic crisis, it also serves as a lender of last resort, as was shown during the financial crisis of 2008.
These powers of the Federal Reserve mean that it is the one which sets the monetary policy of the United States. This monetary policy will then affect the interest rates on loans, offered by banks.
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what is an economic and non economic activity explain me in short and give one example each
Answers
Answer:Economic activities are those activities of man which are undertaken for earning money. Whereas non economic activities are those activities that are not undertaken for any monetary gain.
Explanation:
Section 62 of the Fair Work Act 2009 provides that the ordinary weekly hours for full time employees will be set at 38 hours a week, plus reasonable additional hours. Employees are entitled to refuse to work unreasonable additional hours under subsection 62 (2) of the Fair Work Act 2009. The hours worked by an employee can be averaged over a period of time, which may have bearing on whether or not additional hours are reasonable. Subsection 62 (3) of the Act sets out matters that must be taken into account when determining if additional hours are reasonable or unreasonable. These include: (a) any risk to employee health and safety from working the additional hours; (b) the employee’s personal circumstances including family responsibilities; (c) the needs of the workplace; (d) whether the employee is entitled to receive overtime, penalty rates or compensation or a level of remuneration that reflects an expectation of working additional hours; (e) the nature of the employee’s role and level of responsibility; (f) notice by the employee of his or her intention to refuse to work additional hours; (g) the usual pattern of work in the industry Discuss how as a human resources practitioner you would go about working out whether an employee’s hours comply with the NES requirements for maximum weekly hours?
Answers
Section 62 of the Fair Work Act 2009 has provisions for ordinary weekly hours of full-time employees. They are required to work 38 hours a week and additional hours, as deemed reasonable. Full-time employees have the right to refuse unreasonable additional hours (sub-section 62(2)).
The hours worked by an employee can be averaged over a period of time. (Subsection 62 (3)) provides criteria to determine whether the additional hours are reasonable or unreasonable. These include the employee's personal situation, any risk to employee health and safety, the requirements of the workplace, the nature of the employee's role and level of responsibility, the employee's usual work pattern in the industry.
Determine the job description, role, and responsibilities of the employee. The job's inherent nature and working hours should be evaluated to determine if the employee is working within the NES framework.Step 2: Employee Classification: Determine whether the employee is classified as full-time, part-time, or casual. Different NES requirements apply to each of these classifications, and they are treated differently under the Act.
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when an issue necessary to the development of the value opinion is uncertain as of the effective date of the assignment results of the appraiser will use:
Answers
The assignment results of the appraiser will use Extraordinary assumption. An extraordinary assumption is an assumption which if found to be false could alter the resulting opinion or conclusion.
What Extraordinary assumption ?A statement or condition that is presumed or assumed to be true and from which a conclusion can be drawn is referred to as an assumption.
An extraordinary assumption is one that, if proven false, could change the resulting opinion or conclusion. A hypothetical condition is a false assumption made for the purpose of discussion, analysis, or the formulation of opinions.
The distinction between the two lies in the assumption's potential veracity. A hypothetical condition is one that is known to be contrary to fact, whereas an extraordinary assumption is one that is simply unknown or uncertain.
The results of any hypothetical condition analysis are known to be unrepresentative of reality because the assumptions upon which they are based are false. The results of an analysis based on extraordinary assumptions may be inaccurate to the extent of the uncertainty underlying the assumptions upon which the analysis or opinions are based.
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Baylis Ltd wishes to estimate the value of its outstanding preferred stock. The preferred issue has a $100 par value and pays an annual dividend of 13% per share. Similar risk preferred stocks are currently earning a 5% annual rate of return. What is the market price of the outstanding preferred stock?
Answers
The market price of the outstanding preferred stock is $260.
What is the market price of the outstanding preferred stock if it has a $100 par value, pays a 13% annual dividend, and similar risk preferred stocks are earning a 5% annual rate of return?To calculate the market price of the outstanding preferred stock, we can use the formula for the present value of a perpetuity:
Market Price = Dividend / Required Rate of Return
Where:
Dividend = Annual dividend per share
Required Rate of Return = Annual rate of return for similar risk preferred stocks
In this case, the annual dividend per share is $100 * 13% = $13, and the required rate of return for similar risk preferred stocks is 5%. Let's calculate the market price:
Market Price = $13 / 5% = $260
Therefore, the market price of the outstanding preferred stock is $260.
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Factors that can lead to worsening conditions in financial markets include increasing interest rates and asset price booms. True False
Answers
The given statement "Factors that can lead to worsening conditions in financial markets include increasing interest rates and asset price booms" is true because worsening conditions in financial markets can occur due to a variety of factors.
Rising interest rates and an asset price boom are two factors that can lead to such conditions. An asset price boom is a situation in which the price of assets, such as stocks or real estate, rises sharply. When interest rates rise, the cost of borrowing increases, which can lead to a decrease in demand for credit, resulting in a slowdown in economic activity.Thus, both increasing interest rates and asset price booms are considered factors that can lead to worsening conditions in financial markets.
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Question 11 Interest Payable Type of Account Appears on Which Financial Statement Normal Balance Is the Account Closed? A. Liability Balance Sheet Debit No B. Liability Balance Sheet Debit Yes C. Liability Balance Sheet Credit No D. Liability Balance Sheet Credit Yes
Answers
Interest Payable type of account appears on Liability Balance Sheet. The normal balance is credit and the account is closed. The correct option is (C) Liability Balance Sheet Credit No.
Interest payable is the money that a company owes in the form of interest on any outstanding loans. Interest payable arises out of a company's debt, such as bonds, loans, and other forms of debt. It's a liability account that shows how much interest is owed but hasn't yet been paid.
The Interest Payable type of account is classified as a liability account on the balance sheet. This account represents an amount of money owed to an external party. The interest payable account is frequently used in businesses that have borrowed funds and must pay periodic interest payments.
The balance sheet is one of the company's financial statements, showing its financial position at a given point in time. The balance sheet is a summary of all the company's assets, liabilities, and equity at a certain point in time.
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Mateo, a human resource manager, needs to inform the finance department about an upcoming training session. The best way to convey
this message would be through
The tone of the message should be
Answers
We may actually infer from this that the financial manager, who is the head of that department, would be the best person to deliver this message. The message should be written in an "official tone".
What is the tone of language?The emotions that a communication evokes in its readers or listeners are referred to as the message's tone. Additionally, it alludes to the usage of language and how it impacts the listeners.
We can actually see that communication between the financial manager and the manager of human resources should be done in an official capacity.
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Answer : 1. memo
2. courteous
Explanation:
Edmentum
PLEASE HELP
1. What is the name of the company? (1.0 points)
2. Is this mainly a product-based or service-based business? (1-2 sentences. 2.0 points)
3. What products or services is the company best known for? (2-3 sentences. 2.0 points)
3. Where does this company sell its products or services? (2-4 sentences. 2.5 points)
4. Describe at least two of this company's competitors. (2-4 sentences. 2.5 points)
5. How did the entrepreneur make the business different from other companies, especially its competitors? Describe at least one way. (2-4 sentences. 2.5 points)
6. What things has the entrepreneur or company done to help the community? Describe at least one example of this. (2-4 sentences. 2.5 points)
7. Why do you think this company became successful? Describe at least one reason. (2-4 sentences. 5.0 points)
8. What challenges has the company faced? Describe at least one challenge. (2-4 sentences. 5.0 points)
Answers
Based on the information given, the company that's chosen is Tesla and it's a product-based company.
What is Tesla?The company is known for producing electric cars. It's different from its competitors as it produces electric vehicles and uses better softwares.
The company sells its cars worldwide. The competitors include Volkswagen and Toyota. Tesla has helped the environment as it accelerates the transition to sustainable energy
Lastly, the main challenge faced by the company is rising material costs.
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A company is trying to decide if it should hire more workers or an automated order machine. Is this an action, or a state of nature
Answers
This scenario represents a: decision-making problem, and within the context of decision-making, there are two key terms actions and states of nature.
Actions refer to the choices or decisions that a decision-maker can make, while states of nature represent uncontrollable external factors that can affect the outcome of those decisions.
In this case, the company has two possible actions: 1) hiring more workers, and 2) investing in an automated order machine. The decision the company makes will depend on factors such as cost, efficiency, and potential return on investment. The state of nature in this situation could include factors like market demand, competition, or technological advancements that are beyond the company's control and may influence the outcomes of each action.
So, to answer your question, the company trying to decide between hiring more workers or investing in an automated order machine represents a decision-making problem involving actions, not a state of nature.
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Imagine you are an economic adviser to the Commonwealth Government. The Prime Minister wants to increase spending on public transport in major cities, but does not want to raise taxes. Identify alternative sources of revenue for the government to fund its new initiatives.
Answers
Answer: A combination of 1) Increased public transportation fees, 2) raise the gasoline tax, 3) increase or institute highway tolls, or 4) reduce the road construction budget and use that money for public transportation.
Explanation:
Actions 2-4 would provide incentives to use public transportation.
The manufacturing overhead budget at Franklyn Corporation is based on budgeted direct labor-hours. The direct labor budget indicates that 3,300 direct labor-hours will be required in January. The variable overhead rate is $8 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $43,170 per month, which includes depreciation of $3,590. All other fixed manufacturing overhead costs represent current cash flows. The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be:
Answers
Answer:
$65,980
Explanation:
Calculation for what The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be
Using this formula
Cash disbursements for manufacturing overhead= Variable + Fixed
Let plug in the formula
Cash disbursements for manufacturing overhead=(3,300*$8) + ($43,170 - $3,590)
Cash disbursements for manufacturing overhead= $26,400 + $39,580
Cash disbursements for manufacturing overhead= $65,980
Therefore The January cash disbursements for manufacturing overhead on the manufacturing overhead budget should be $65,980
A claims that she and B entered into a contract. The intent to enter into a contract is determined with reference to Group of answer choices the conscious theory of contracts. the objective theory of contracts. the personal theory of contracts. the subjective theory of contracts.
Answers
The intent to enter into a contract is determined with reference to the objective theory of contracts.
Under the objective theory of contracts, the intent to enter into a contract is determined by an external assessment of the parties' actions and words, rather than by their internal beliefs or subjective intentions. The focus is on whether a reasonable person in the position of the other party would have believed that a contract was being formed based on the objective evidence.
In other words, it is not enough for one party to simply claim that they had an intention to enter into a contract; there must be evidence that the other party would have reasonably believed that a contract was being formed based on the parties' communications and conduct.
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What is one major function of retail banks?
A. Keeping all deposits in reserve at all times
B. Offering loans that use car titles as collateral
C. Providing credit and debit cards to customers
D. Managing the payroll of major corporations
SUBMIT
Answers
Answer:
The role of retail banking is to help individual consumers manage their money, gain access to credit, and deposit their money in a secure way.
Explanation:
Providing credit and debit cards to customers is a major function of retail banks. Hence, the correct answer is option C.
What are retail banks?Retail banks are financial institutions that provide banking services to individuals and small businesses. These services include deposit accounts, such as savings and checking accounts, as well as loans, mortgages, credit and debit cards, and other financial products.
Providing credit and debit cards to customers is a major function of retail banks because it allows customers to make purchases without the need for cash and helps facilitate online and mobile payments. Credit and debit cards also generate revenue for retail banks through fees and interest charged on balances, making them an important source of income for banks.
Hence, providing credit and debit cards to customers is a major function of retail banks. Therefore, the correct answer is option C.
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How do I quit my job as cashier already wrote resignation letter
Answers
Question 14 (2 points)
Which career cluster involves hands-on occupations and possibly working outside?
Investigative
Realistic
Enterprising
Conventional
Answers
Answer: Enterprising
Explanation: Hands-on jobs are occupation that requires little education, it relate to the practice of learning from experience on the job rather than reading and learning from books. The career cluster of hands-on occupation includes; technicians, plumbers, woodwork, hygiene and catering workers etc.
Enterprising is characterized by great imagination and initiative with energetic to carry out work . Enterprising best fit hands-on career cluster.
Why is it virtually important to understand the fees your bank may charge on your checking account
Answers
Answer:
Explanation:
When a bank lends you money, it charges interest on the loan. When you open a deposit account, such as a checking or savings account, there are fees for that as well. It's important to know all the fees your bank charges, as well as how to reduce or eliminate as many of them as possible.
You're been placed in charge of all promotion for a product that has common appeal in different cultures around the world. You'll most likely engage in a promotion.
Answers
Answer:
True
Explanation:
A product that has common appeal in different cultures around the world would indeed require engaging in promotion. Why? Because each culture may have unique consumer behaviors.
For example, a popular product like Coke that has common appeal in different cultures around the world often engages in promotion in order to still keep existing customers and to acquire new ones because of the presence of other competitors.
joe has spent years building his computer networking business. he has developed advanced software and hired highly skilled security engineers, giving his firm an edge over the competition. for joe, his engineers represent .
Answers
For Joe, his engineers represent a valuable and competitive advantage in his computer networking business.
The years of effort Joe has put into building his business have resulted in the development of advanced software and the acquisition of highly skilled security engineers. These engineers possess specialized knowledge and expertise that give Joe's firm a distinct edge over competitors.
Having advanced software allows Joe's business to offer cutting-edge solutions and services to clients. The expertise of his skilled security engineers ensures that the business can effectively address complex security challenges, providing clients with robust and reliable networking solutions.
Investing in hiring and retaining highly skilled engineers showcases Joe's commitment to excellence and staying ahead in the competitive computer networking industry. By leveraging their expertise, Joe's business can maintain its competitive position and continue to thrive in the market.
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what does revenue mean in accounting?
a. cash
b. profit
c. debit
d. customer sales
Answers
Answer:
b
Explanation:
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