By tellin the customer that he store has products that are similar to what he thinks would fulfill their needs, he is engaging in personal selling.
What is personal selling?This is the type of selling that is known as the face to face type of selling. In this type of selling, the customer would be engaged by the seller in a way that would get him to buy products.
It is a promotional type of marketing that is done to get a customer to buy a product.
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5. A man has $ 10,000 to invest. He invests $ 4000 at 5 % and $ 3500 at 4 %. In order to have a yearly income of $ 500, he must invest the remainder at:
(a) 6 % ,
(b) 6.1 %,
(c) 6.2 %,
(d) 6.3 %,
(e) 6.4 %
Income from $ 4000 at 5 % in one year = $ 4000 of 5 %.
= $ 4000 × 5/100
= $ 4000 × 0.05
= $ 200
Income from $ 3500 at 4 % in one year = $ 3500 of 4 %.
= $ 3500 × 4/100
= $ 3500 × 0.04
= $ 140
Total income from 4000 at 5 % and 3500 at 4 % = $ 200 + $ 140 = $ 340.
Remaining income amount in order to have a yearly income of $ 500 = $ 500 - $ 340.
= $ 160
Total invested amount
= $ 4000 + $ 3500
= $7500
Remaining invest amount
= $ 10000 - $ 7500
= $ 2500
We know that, Interest = Principal × Rate × Time
Interest = $ 160
Principal = $ 2500
Rate = r [we need to find the value of r]
Time = 1 year
160 = 2500 × r × 1
160 = 2500r
160/2500 = 2500r/2500 [divide both sides by 2500
0.064 = r
r = 0.064
Therefore, he invested the remaining amount $ 2500 at 6.4 %. (answer= option e)
Imagine that you are given $3,000 to plan a vacation for your family. Research destinations and choose one. Research the destination and the costs associated with it. Create a vacation plan (including lodging, transportation, and other considerations) for this trip.
A blueprint for creating a vacation plan is;
Total budget= $3,000Transportation= $700Lodging for 6 days= $1,200What is a Vacation?This refers to the time taken out for relaxation and away from work and stress to a luxury destination.
Hence, we can see that the complete plan is given below:
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Social shopping focuses on the Blank______. Multiple choice question. service elements of a customer transaction user or buyer shopping experience relationship between the social outlet and the manufacturer seller and purchase transactions
Social shopping focuses on Option B. Social shopping is a type of e-commerce in which shoppers' friends participate in the shopping process.
What exactly is a social shopping platform?Social shopping platforms and apps are far larger on the commerce spectrum than the name implies. These are systems and programs that enable firms to turn their social media channels into social shops. Social purchasing has numerous advantages for both companies and individuals.
Customers can interact with your brand, post reviews, and ask questions more easily using social commerce. It provides your customers with a human connection that traditional e-commerce does not.
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What economic concept is applied in this statement? By earning higher levels of education, students learn skills and are more likely to be employed. In their jobs, they use their skills to provide goods and services to others. A. equilibrium B. law of demand C. law of supply D. negative externality E. positive externality
The economic concept applied in this statement is of a positive externality. So, option (E) is the correct answer.
What is a positive externality in economics?In the given context, the three primary notions are "skills," "students," and "jobs." The concept of positive externality comes into play when the consumption or production (skills) of good results (getting hired) benefits a third party (students).
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Answer:
E. positive externality
Hope this helps!
Explanation:
For its newest gaming console, Star Electronics decides to tell consumers about the product by placing a full-page advertisement in the most popular gaming magazine. In the communication process, the magazine ad is the
The magazine ad which helps the firm to tell prospective consumers about the electronic product is as example of channel of communication in communication process.
What is a channel of communication?This are different mediums through which a firm or sender send its message to its intended audience.
Therefore, the magazine ad plays the role of a channel of communication because its helps to tell prospective consumers about the its electronic product
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A firm that makes high-tech athletic shoes is looking to enter the shoe market in a developing nation where the economy has been growing rapidly. Which factor would MOST naturally be considered a signal in this context
The profitability of firms already operating in the country's market will serves as a signal for the firm intending to enter the market of the developing nation.
What is a firms profitability?This means the ability of firms in a particular industry (such as the shoe industry) in generating profits.
Hence, these data will help to inform the feasibility of making a profit as well upon entering the shoe industry.
Therefore, the Option C is correct.
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A number of top fashion-modeling agencies would most likely be charged with ________ for jointly determining what commissions they charge for models.
Answer:
The answer is Price fixing.
Explanation:
number of top fashion-modeling agencies would most likely be charged with Price fixing for jointly determining what commissions they charge for models.
Jamal is using a security classification guide (SCG) to assist in marking information from a source document. Which best describes Jamal's work?
If Jamal is using a security classification guide (SCG) to assist in marking information from a source document. What describes Jamal's work is: Derivative Classification.
Derivative Classification can be defined as the process of classifying security information or data so as to enable easy marking of information from the source document or source information.
Based on the information given jamal is making use of Derivative Classification as this will enable him to know whether the information in the document has been classified.
Therefore what describes Jamal's work is: Derivative Classification.
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It is estimated that logistics costs including transportation, distribution center operations, and order processing represent ________ of the retail price that you pay for a new car.
It is estimated that logistics costs including transportation, distribution center operations represent 25 to 30% of the retail price that you pay for a new car.
What is retail price?The retail price is the price that a customer will pay when purchasing a product at a retail store. This is the final price that customers pay for the goods purchased.
Here, other expense cost are added before a retail price is decided by a seller so that they can have profit from the sale.
Hence, It is estimated that logistics costs including transportation, distribution center operations, and order processing represent 25 to 30% of the retail price that you pay for a new car.
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Christopher has a credit card with an apr of 13.13%. the card uses the adjusted balance method to calculate finance charges. the following table details christopher’s transactions with his credit card in the month of december. date amount ($) transaction 12/1 424.86 beginning balance 12/3 55.25 payment 12/5 78.10 purchase 12/14 20.00 payment 12/16 27.97 purchase 12/22 8.16 purchase 12/29 46.07 purchase if christopher is on a 30-day billing cycle, what will his new beginning balance be after december? a. $509.91 b. $349.61 c. $353.44 d. $513.74
Based on his purchases and payments, as well as the opening balance, Christopher's opening balance after December will be d. $513.74.
What is Christopher's new opening balance?First find the balance on the card:
= Opening balance + Purchases - Payments
= 424.86 + 78.10 + 27.97 + 8.16 + 46.07 - 55.25 - 20
= $509.91
Opening balance becomes:
= 509.91 x (1 + 13.13%/365 days x 30 days)
= $513.74
In conclusion, option D is correct.
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Although the term multinational enterprise is sometimes defined differently, most writers today define it to include:
The term multinational enterprise according to most writers today, refers to a company that has operations in more than one country.
What is a multinational enterprise?This refers to a company that is operating in multiple nations with the minimum being at least two countries according to most writers.
Multinational companies were able to form thanks to the increasing tendency of humans towards globalization and integration.
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A developing nation begins to import more and more films from Western countries because it lacks the resources to produce big-budget blockbuster movies. Eventually, no films are being made locally; everything is coming from abroad. This illustrates
An idea of Cultural Imperialism is illustrated when a developing nation import more from Western countries because it lacks the resources to produce.
What is a Cultural Imperialism?This refers to domination of one culture over another and leads to the diminishment or annihilation of one or the other.
The ide of western cultural imperialism is explained when developing nation import more films from Western countries because it lacks the resources to produce big-budget blockbuster movies.
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How many ways are there to make change for a dollar.
Answer:
With the four coins (quarters, dimes, nickels, and pennies), there are 242 ways to make change for a dollar.
The type of cover letter written to inquire about possible job openings: a. networking letter b. prospecting letter c. application letter d. follow up letter
The type of cover letter written to inquire about possible job openings is b. prospecting letter.
What is Prospecting letters ?Prospecting letters serves as one that is been sent are to leads potential clients, or past clients so they can continuously grow a real estate business.
Therefore, prospecting letter is type of cover letter written to inquire about possible job openings.
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Answer:
B
Explanation:
Trust
As a part of the federal budgeting process, an executive agency called the ______ reviews all agency budgets and ensures that they conform to the intent of the policy.
Office of Management and Budget
As a part of the federal budgeting process, an executive agency called the Office of Management and Budget reviews all agency budgets and ensures that they conform to the intent of the policy.
When posting a job vacancy, it is important to post the minimum, midpoint, and maximum pay range so candidates know the ____________________. Select one: a. market survey rates b. skill-based needed c. compa-ratio d. pay policy line e. pay grade
When posting a job vacancy, it is important to post the minimum, midpoint, and maximum pay range so candidates know the pay grade.
What is a pay grade?Pay grade shows or indicates the benefits or the amount of payment an individual is entitled to while doing a job.
It shows the amount an employer will give base on the Job done.
Therefore, When posting a job vacancy, it is important to post the minimum, midpoint, and maximum pay range so candidates know the pay grade.
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Suppose that in the future all vehicles are self-driving, which means there is no need to employ people to drive trucks, delivery vans, or taxicabs. The people who were in these jobs would have to find different ones. The type of mobility that occurs due to such economic changes is known as __________ mobility.
The type of mobility that occurs due to such economic changes is known as structural mobility.
What is structural mobility?
Structural mobility occurs as people move up or down the social class ladder.
Structural mobility varies with changes in society as a whole, not on an individual level.
Structural mobility shows the overall occupational shifts in the population as the job prospects for individuals from different generations change.
The type of mobility that occurs due to such economic changes is known as structural mobility.
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Banks that have some financial difficulty and borrow from the Federal Reserve in what is known as secondary credit will pay an interest rate equal to the
Banks that have some financial difficulty and borrow from the Federal Reserve in what is known as secondary credit will pay an interest rate equal to the federal discount rate.
What is federal discount rate?The federal discount rate is the interest rate that is allocated to money borrowed by banks such as commercial and other institution.
The money is borrowed from the Federal Reserve in central bank as loans.
Therefore, Banks that have some financial difficulty and borrow from the Federal Reserve in what is known as secondary credit will pay an interest rate equal to the federal discount rate.
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A writer, an illustrator, a publisher and an agent would form a ______. a. functional team b. cross-functional team c. management team d. corporate team please select the best answer from the choices provided a b c d
A Cross-functional team will be formed when a writer, an illustrator, a publisher and an agent work together.
What is a Cross-functional team?This means the groups of people from various departments in an organization that work together to achieve a common goal.
Hence, when writer, an illustrator, a publisher and an agent work together, this is known as a Cross-functional team.
Therefore, the Option B is correct.
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As Eddie scanned the employment opportunities on LinkedIn, he speculated that he might not qualify for some of the jobs. Eddie was concerned that his educational credentials and skills might not be compatible with the ________ for many of today's available jobs. Group of answer choices job analyses
Eddie was concerned that his educational credentials and skills might not be compatible with the job specifications for many of today's available jobs.
What is job specification?A job description that stresses an operator's mental and physical qualities as well as any particular skills required, in order to make employee selection and placement easier.
Educational requirements, training, technical abilities, experience, and personality attributes the organization needs for the person filling the function are all listed in the job specification.
Thus, job specification is applied here.
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the money supply decreases when the fed sells treasury bonds. the smaller the reserve requirement, the larger the decrease will be
The smaller the reserve requirement, the larger the decrease will be in required reserves.
What is the reserve requirement?
The reserve requirement is the percentage of consumer's deposits that are kept as reserves with the Central Bank. The reserve requirement is determined by the reserve ratio.
When the Fed sells treasury bonds, money supply decreases. This is known as a contractionary monetary policy.
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An operations manager forecasts a 10% reduction in demand for one of the company's products for the upcoming year. If last year, the company purchased $300,000 in materials for production, how much should the operations manager purchase for next year?
Answer:
270,000
Explanation:
10% reduction in demand means he will only need 90%
10% of 300,000 is 30,000
300,000 - 30,000 = 270,000
Under the Americans with Disabilities Act, employees with disabilities must reasonably accommodate the needs of their employers true or false
The statement is false, that the employees with disabilities must reasonably accommodate the needs of their employers.
What is the Americans with Disabilities Act?The Americans with Disabilities Act of 1990. This act is sometimes known as the ADA, is a civil rights statute that forbids discrimination against people with disabilities.
Employers with 15 or greater employees are normally obligated to implement reasonable modifications under the Americans with Disabilities Act.
Employers with less than 50 employees may be required by state and local legislation to provide reasonable accommodations.
Under this act, employees with disabilities will not compulsorily reasonably accommodate the needs of their employers.
Therefore, the given statement is false.
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Windham Corporation has current assets of $680,000 and current liabilities of $850,000. Windham Corporation's current ratio would be increased by:
The ratio could increase with the purchase of $170,000 of inventory on account.
Suppose that total demand for refrigerators at the market price is 15,000 units. If the LRAC curve reaches a clear minimum average cost at 5,000 units, then the industry structure must be
The industry structure must be a monopoly. A perfectly competitive and monopolistic company earns 0 profit in case of the long run.
What do you mean by Monopoly market?
Monopoly, as described by Irving Fisher monopoly., is a “non-competitive” market, which creates a situation where a person or business is the sole supplier of something.
To increase profits the company produces that number MR = MC. Build a completely competitive company P = MR.
Therefore, If the LRAC curve reaches a clear minimum average cost at 5,000 units, then the industry structure must be a monopoly. This is the correct answer.
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Select the correct answer. what aspect is factored into a credit score? a. account balances b. investment portfolios c. your choice of profession d. checking account overdraft e. credit inquiries
the answer is E
Explanation:
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Answer:
e. credit inquiries
Explanation:
Which situations offer examples of banking and related services workers? select three options. anna analyzes loan applicants to decide whether to give them loans. aaron helps customers put money into and remove money from their accounts. jared researches the credit history of people applying for credit. tamara reviews the finances of a business to determine whether it is profitable. raquel helps individuals and companies prepare their tax forms. troy helps a family create a budget to save more money.
Examples of banking and related services workers are;
Anna analyzes loan....Aaron helps customers put money...Jared researches the...What is banking?Banking sweves as the business of protecting money for others, it involves lending if money and generating interest that creates profits .
Therefore, example of banking is when Aaron helps customers put money into and remove money from their accounts.
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Answer:
ANNA, AARON, JARED
Explanation:
A; Anna analyzes loan applicants to decide whether to give them loans.
B; Aaron helps customers put money into and remove money from their accounts.
C; Jared researches the credit history of people applying for credit.
Jersey's Smoothie Bar has decided to set its pricing structure based on an annual percentage of the amount earned as a result of financial investment as a quantifiable means to gauge the success of their pricing. This pricing structure is known as
Jersey's Smoothie Bar set pricing structure
as a quantifiable means target return on investment pricing.
What is pricing method?A pricing method is used to calculate the price to be set as regards a product so as to have a return with desired profit .
Therefore, Jersey's Smoothie Bar utized this pricing strategy to meet their target.
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What kind of financial institutions does the office of thrift supervision oversee? a. credit unions and local banks b. the stock market c. savings and loan institutions d. check clearinghouses
OTS supervises the financial system of the U.S. and is also in charge of savings and loan institutions.
What are the primary responsibilities of the Office of Thrift Supervision?This bureau was in charge of ensuring the safety and soundness of thrift bank deposits. It accomplished this by auditing and inspecting banks to ensure that government regulations and policies were followed.
The office of thrift supervision is in charge of c. savings and loan institutions.
Therefore, the option c.describes the duties of OTS.
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Answer:
C
Explanation:
At _____ stage of the organizational life cycle, it becomes appropriate that many organizations have to be reorganized or restructured to achieve higher levels of coordination between and among different groups or subunits.
At early stage of the organizational life cycle, it becomes appropriate that many organizations have to be reorganized.
What is an organizational life cycle?The organizational life cycle serves as a theoretical model based on the changes organizations experience .
This experience comes as they grow and mature, however at early stages, many organizations have to be reorganized or restructured to achieve higher levels.
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