Answer:
Each bank
Explanation:
Banks offer various types of services to customers such as funds transfers, check clearance, foreign exchange, among many others. Since the services are offered by the bank, it is the bank that charges the service fees. The banks also determine the amount of fees to charge per service.
Typically, a bank will apply uniform charges across all its branches. The charges for different services are determined by the bank's top management and apply to all its branches in a country.
An economic principle states that the lower the price of a product, the greater the quantity consumers will wish to purchase. This principle is based on the critical assumption that
What do people purchase as a form of risk management to protect themselves from losing a lot of money in the event something happens to them or their property?
1. Deductibles
2. Liability
3. Warranty
4. Insurance
Aiken is in his first year of college. He wants to become a hotel manager. What should he do to help prepare for this career?
[A] try to get an internship
[B] build his physical strength
[C] learn how to operate equipment
[D] go to culinary school
Answer:
[A] try to get an internship
Explanation:
An internship provides students with work experiences in their preferred careers. It is offered by employers or organizations to students who show interest in working in that industry. An internship program may last between three and four months.
Aiken should seek an internship program in a nearby hotel. An internship will give him a practical experience of working in a hotel. He will understand the different roles in a hotel and what is required of a hotel manager.
Answer:
a
Explanation:
Frederick works in a local government for a certain city. One his primary responsibilities is to check whether the city’s contracts, bids, and tax reports meet certain specific guidelines. Which government career role does Frederick perform.
Answer: B - City administrator
Explanation: took the plato test
If nominal interest rates are 8% and there's a 3% inflation, what would you expect to to be the real growth of a bank account continue $1000?
Answer:
$50
Explanation:
The real rate of interest is the nominal interest rate adjusted for inflation.
I.e., real rate = nominal rate - inflation rate
real rate = 8% - 3%
=5%
The real growth of $1000 will be
=5/100 x 1000
=$50
Real growth will be by $50
You normally stay at home on Wednesday nights and study. However, next Wednesday night, your best friend is having his big 21st birthday party. What might be the opportunity cost of going to the party
Answer:
My answer would be don't go, Since we are almost in the red positive for Corona, U might have a chance of catching it from her or the people at her party. On the other hand, u can do a virtual party over the phone/laptop. I understand it's difficult to avoid your bestfriend because of Corona, but technically it's for your own good. If it makes you feel better, I had to miss my Bestfriend B-Day because I was scared to get Corona.
Explanation:
Rosco owns a cola distributor in Germany. He wants to appeal to the local community: however, he wants to ensure that customers identify with
the product's reputation. He therefore believes ethnocentric staffing is the best staffing method for his company. Which advantage of
ethnocentric staffing will work for Rosco's business?
ОА.
It will help assemble a diverse management team with superior skills and knowledge.
OB. It will allow the managers to train on the company's business model and have control over the decisions made locally.
O c. It will allow using managers who already understand the local culture.
OD.
It will allow superior knowledge from both cultures.
Answer:
Not C
Explanation:
I guessed it and it was wrong
Even though personal selling is the most expensive method of communication on a per-person-reached basis, businesses continue to use personal selling because of advantages in:
Answer:
flexibility and control
Explanation:
Personal selling can be regarded as a way whereby Businesses utilize the action of sales force to get their products sold when there is a face-to-face contact with the customer. The product is promoted by the seller as a result of the seller's knowledge base a specialist, attitude as well as his appearance. They convince the customers.
Katie can mitigate the problem without alerting the new owners or let them know about this new disclosure and possibly delay or jeopardize the sale. Katie is now faced with a(n) ________ dilemma.
Answer:
Ethical
Explanation:
The ethical dilemma means the uncertainties form that developed due to violation of the moral standard that would be held in our life
It would be considered right when she tells to the client regrading the mice problem but she is discouraged as she know that if she do this than she would mess up with the sales that decrease the salary
So this given situation represent an ethical dilemma
An investor owning 400 shares of stock receives notice that the stock will be split. When the split is complete, the customer owns 1,200 shares of stock. The split must have been
Answer:
800....................
A country currently has a population of 200 million and an annual growth rate of 3.0%. If the growth rate remains constant, after 70 years, the population will be approximately:
Zeta Co. reported sales revenue of $4,600,000 in its Income Statement for the year ended December 31, 20X1. Additional information is as follows: 12/31/X0 12/31/X1 Accounts receivable $1,000,000 $1,300,000 Allowance for uncollectible accounts (60,000) (110,000) Zeta wrote off uncollectible accounts totaling $20,000 during 20X1. Under the cash basis of accounting, Zeta would have reported 20X1 sales of:
Answer:
Zeta would have reported 20X1 sales of $4,280,000.
Explanation:
Note: the additional information in the question is correctly represented before answering the question as follows:
12/31/X0 12/31/X1
Accounts receivable $1,000,000 $1,300,000
Allowance for uncollectible accounts (60,000) (110,000)
The explanation of the answer is now given as follows:
Since sales is equal to cash collections under the cash basis of accounting, cash collected on accounts receivable can therefore be calculated as follows:
Ending balance = Beginning balance + Sales − Collections − Write-offs ......... (1)
Where;
Ending balance = $1,300,000
Beginning balance = $1,000,000
Sales = $4,600,000
Collections = ?
Write-offs = $20,000
Substituting the values into equation (1) and solve for collections, we have:
$1,300,000 = $1,000,000 + $4,600,000 − Collections − $20,000
Collections = $1,000,000 + $4,600,000 − $20,000 - $1,300,000
Collections = $4,280,000
Therefore, Zeta would have reported 20X1 sales of $4,280,000.
If a demand for a product is inelastic, the value of the price elasticity of demand is: Group of answer choices zero. equal to one. greater than one. less than one. qiuzlet
Answer:
less than one
Explanation:
In the case when the demand of the product is inelastic that means the value of the price elastic of demand would be less than one
Therefore as per the given situation the last option is correct
And, the rest of the options are incorrect
So the same is relevant
Cash is an _____.
A) asset
B) expense
C) none of the above
(question is from small business entrepreneurship A)
A. Asset
Explanation:
-asset is a useful or valuable thing
Select the correct answer.
Which pricing strategy is a company using when it sells a printer at a low price but the ink cartridges designed for that model are relatively
expensive?
A promotional pricing
captive product pricing
C. product line pricing
D. product bundle pricing
E.
optional product pricing
Answer:
B.
Explanation:
Captive product pricing means the company baits you in to purchasing a seemingly cheap main product but the add-ons are expensive
Answer:
E
Explanation: Is that right
Outdoor Adventures is a company that sells clothing and gear related to all types of outdoor activities. In an effort to stave off competition, the company has begun keeping a log of customer interests and hobbies so it can alert them to local events of relevance to them as well as send them articles that pertain to their favorite activities. In addition, Outdoor Adventures has added a section to their website where customers can post pictures of themselves using the store's gear. These efforts illustrate how the firm is engaged in
Answer:
relationship marketing
Explanation:
Relationship marketing is a term used to describe a marketing strategy by a firm to build a friendly relationship with its customers, by placing a high value on customer satisfaction.
By allowing customers to post pictures of themselves using the store's gear, Outdoor Adventures would most likely increase their customer's interaction with products; even offering valuable product feedbacks.
A farmer finds that when he produces more corn, he also has more corn stalks that he can then sell as decorative ornaments. To the farmer, corn and corn stalks are:
Answer:
"Complements in production" is the correct answer.
Explanation:
The changes throughout the demand through one counterbalance throughout manufacturing resulted in higher consumption of one another.
Complements instead in production however are commodities manufactured collaboratively from a certain revenue stream as well as input. This generally occurs when the revenue stream in the discussion has components that could be composed of certain commodities categories.The internet enables companies to decrease their emphasis on traditional promo
Answer:
The internet has enabled companies to promote their business with listing key factors and market their products with special highlights.
Explanation:
Earlier businesses used to promote their products by door to door marketing. In this era of technology and advancement the business focus on distinct features of their product and promote the products by highlighting those distinct features which other products does not have. Consumers are impressed with the presentation style and it is easier for them to view the complete product details by sitting at home through internet.
Some employers offer forms of employer compensation in addition to pay these are usually things like healthcare retirement and paid vacation
Answer:
True
Explanation:
Often called employee welfare package, is a term that refers to all other forms of employer compensation in addition to their pay that is given by employers, sorely because they want to motivate them towards effective work performance.
Healthcare retirement benefits and paid vacation benefits are good examples of employee welfare package.
PLZ HELP EXTRA POINTS!!!
Without freedom of expression ____.
A. Congress would have too much power
B. democracy could not exist
C. all kinds of unpopular ideas would become popular
D. the result would be a utopia
Answer:
A. Congress would have too much power
Explanation: I hope this helps :)
Ending assets for CompuHelp equal $650,000 and the beginning retained earnings account was $325,000. If net income during the period was $225,000 and dividends were $150,000, what were ending liabilities
Answer:
$250,000
Explanation:
The computation of the ending liabilities is shown below:
As we know that
Total assets = Total liabilities + stockholder equity
where,
Ending retained earnings = Opening retained earning + net income - dividend paid
= $325,000 + $225,000 - $150,000
= $400,000
Now the ending liabilities is
= $650,000 - $400,000
= $250,000
Which of the following represent features of continuing education? Check all of the boxes that apply.
not necessary for those with an advanced degree (MD or PhD)
can include self-study such as reading
usually required to maintain a license
often available from professional organizations
only available from universities
Answer:
b,c,d
Explanation:
"Continuing education (CE) is an essential part of a health science or technology career and can include all kinds of education, including self-study. CE is usually required to maintain a professional license."
Answer:
b, c, d
Explanation:
edge2021
Melissa writes checks to pay for her rent, utilities, and groceries, and she keeps a record of all these transactions in her check register. Keeping an accurate check register helps Melissa
Answer: Helps her keep track of where her money is going
Explanation:
One of the best way to keep record of expenditures is by tracking and placing carefully their transaction details and record. This helps in the area of accountability. Melissa does this to keep track of where her money is going so she can save and manage her resource properly.
ECONOMICS!! PLEASE HELP ME!!
The SBA is a source of assistance that provides small businesses with the following
programs.
Education, Information, and Training
Federal Procurement
Voice for Small Business
Business Financing
Answer:
All of the above
Explanation:
SBA is an abbreviation for Small Business Association. The SBA is a US government agency mandated to promote economic growth through entrepreneurship. The agency supports the growth of small businesses through the provision of resources to help them start and become successful.
The Major ways in which the SBA supports small business include.
Education and trainingConnecting them to sources of affordable creditConnecting to government contractsOffering business adviseAnswer:
all of the above is correct! just took it.
When Nigel teased coworker Rachel about yawning with her mouth closed throughout most of the board meeting, she laughed aloud, an exchange that illustrates impression management involves ____________.
Answer:
a. collaboration
Explanation:
These are the options for the question
a. collaboration
b. reflected appraisal
c. self-disclosure
d. low context
Collaboration in Businesses can be regarded as working practice that allows individuals to work together in the organization so that the common Business purpose can be achieved.
collaboration helps in creation of
purposeful connections in order to achieve goals and give room for problems to be solved through sharing of ideals among individuals.
For instance, When Nigel teased coworker Rachel about yawning with her mouth closed throughout most of the board meeting, she laughed aloud, an exchange that illustrates impression management involves collaboration
Reece is trying to increase the number of products he sells every week so he will get a promotion this year. What are accurate ways to describe this goal? Check all that apply. intermediate goal career goal educational goal financial goal long-term goal
Answer:
intermediate goal
career goal
Explanation:
A goal is a desired result am individual wants to achieve in the future. Goals are usually time bound, that is they are meant to be achieved in a given time frame.
In the given instance Reece is trying to increase the number of products he sells every week so he will get a promotion this year.
With regards to duration goals can be short term, intermediate, or long term.
His goal of increasing weekly sales is an intermediate one.
Career goals are those that are measured by level of achievement on one's job. Reece is looking at getting a promotion in this year.
A. Intermediate Goal
B. Career Goal
Edge 2021
If the cross-price elasticity of demand between Good A and Good B is 3 and the percentage change in price of Good A is 5%, what is the percentage change in quantity demanded of Good B
Answer:
Multiple choice questions.
1.The price elasticity of demand is:
a) the ratio of the percentage change in quantity demanded to the percentage change in price.
b) the responsiveness of revenue to a change in quantity.
c) the ratio of the change in quantity demanded divided by the change in price.
d) the response of revenue to a change in price.
2.If demand is price elastic, then:
a) a rise in price will raise total revenue.
b) a fall in price will raise total revenue.
c) a fall in price will lower the quantity demanded.
d) a rise in price won't have any effect on total revenues.
3. Complementary goods have:
a) the same elasticities of demand.
b) very low price elasticities of demand.
c) negative cross price elasticities of demand with respect to each other.
d) positive income elasticities of demand.
4. The price elasticity of demand generally tends to be:
a) smaller in the long run than in the short run.
b) smaller in the short run than in the long run.
c) larger in the short run than in the long run.
d) unrelated to the length of time.
5. If the price elasticity of supply of doodads is 0.60 and the price increases by 3 percent, then the quantity supplied of doodads will rise by
a) 0.60 percent.
b) 0.20 percent
c) 1.8 percent
d) 18 percent.
6. Suppose we know that the price elasticity of demand of good X is equal to -1.2. Then, if its price will increase by 5%, we can predict with certainty that
a) quantity demanded of that good will increase.
b) the revenue of the firm producing that good will increase by 6%.
c) the revenue of the firm producing that good will decrease by 6%.
d) the quantity demanded of that good will decrease by 6%.
e) None of the above.
7. A 10% increase in the price of movie ticket in Westridge 8 leads to a 15% decrease in the number of tickets sold, indicating the demand for movie ticket in Westridge 8 is:
a) elastic.
b) inelastic.
c) unit elastic.
d) Can not tell from the information given.
8. If the cross-price elasticity between two commodities is 1.5,
a) the two goods are luxury goods.
b) the two goods are complements.
c) the two goods are substitutes.
d) the two goods are normal goods.
True/False/Uncertain.
For each of the following statements, say whether it is true, false, or uncertain and explain your answer.
1. It is reasonable to expect the cross price elasticity of demand for golf clubs and golf balls to be positive.
Golf clubs and golf balls are complementary goods. This means that, as the price of golf clubs increases (a positive change), the consumption of golf balls decreases (a negative change). Cross price elasticity of demand is equal to the ratio of these changes and will be negative. The statement is false.
2. If the demand is perfectly elastic, then a shift in the supply curve does not affect the equilibrium price.
True, because a perfectly elastic demand curve is horizontal. Therefore, no matter what the shift is the equilibrium price will always remain the same. (See graph.) S and D graph
3. The demand curve for autos is more elastic than the demand curve for Fords.
False. A Ford can be substituted by a different model. It is not as easy to find a substitute for a car in general. The more substitutes a good has, the more elastic is the demand for that good. Therefore, demand for Fords is more elastic.
4. Suppose you own a "Here Comes the Sun" tanning salon and the demand curve for your services is downward sloping. Further, suppose that a new tanning salon called "Sunny Delight" opens two blocks away from your salon. Tell whether the following three statements are true, false or uncertain and explain your answer.
a. The demand curve for your services shifts to the right.
This new salon is a substitute for your services. After it has appeared, your consumers have more choice, and some of them will start using the new salon. So the demand for your services will decrease, or shift to the left.
The statement is false.
b. The demand for your services becomes more elastic.
One of the factors determining the price elasticity of demand for the good is the number of substitutes. More substitutes - more elastic demand.
The statement is true.
c. The cross-price elasticity of the demand for your services with respect to the price charged by "Sunny Delight" is negative.
These two goods (services) are substitutes. The cross-price elasticity of substitutes is positive, since as the price of one of them increases, the demand for (and therefore the consumption of) the other one increases, too.
The statement
Explanation:
The ability to continue after a disaster of some kind is a requirement of Security Rule. What item is considered part of the contingency plan or business continuity plan
Answer:
"Emergency mode operation plan" would be the correct approach.
Explanation:
The emergency method investigation strategy would be this same process improvement or business continuity strategy including its entire organization. Above such strategy is often utilized interchangeable terms or frustrated or perplexed with a crisis management plan, however, there's a significant difference.my 10 year old sister looked up anime and she looked at b-o-obies and she just cried-
help..