Answer:
....................
Which is the first step in setting a financial goal?
a. setting aside leftover income
b. reducing your spending
c. tracking your spending
d. starting a second source of income
Answer:
All four actually.
Explanation:
In order to reach a financial goal you need to:
1. Save Money
2. Set and manage a budget (usually a monthly budget listing all your known expenses works)
3. Track your spending, and keep managing your budget.
4. Reduce your spending. If you are trying to reach a goal, a great line of thinking is “Only buy what you Need, Not what you Want”
5. If you are trying to reach a set financial goal quickly, then yes, it makes sense to find a secondary source of income, such as a part time job, or start a selling site on EBay, for items you don’t use anymore, etc.
Answer: B. reduce your spending.
Explanation: by not spending money this will allow you to save money for your financial goal.
A pencil factory is losing money, even though sales are high. The owners do not want to fire employees or lower their wages. They cannot raise the price of the pencils and remain competitive. They need to find a way to
raise more capital.
increase worker productivity.
increase stockholder dividends.
increase labor costs.
Answer:
the 3 be should be it
Explanation:
Jade sets up a ____
to ensure that a portion of her assets are used to
support her local art museum each year.
A: living will
B: Power of Attorney
C: 401(k)
D: trust
A trust is the arrangement that ensures that the portion of Jade's assets are used to support her local art museum each year.
What is a trust?This refers to the right in property that is held in a fiduciary relationship by one party for the benefit of another.
The trustee will hold the portion of Jade's assets to support her local art museum each year.
Therefore, the Option D is correct.
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which best deceived the nature of cause and effect in the context of the business cycle?
A. Each effect has other effects
B. Causes and effects cannot be easily defined
C. A cause has multiple independent effects
D. Each effect has a cause
coffee to
growing more
16)
16]
2 TGH are a public limited company which makes sports shoes (trainers). It makes
a variety of designs for the mass market. The mass market is for young people
who want fashionable sports shoes as well as those who play sport. The Directors
segment of customers who have a medical problem with their feet and need
recently decided to target a niche market which is for a particular market
b) Identify two examples of the different markets for TGH products.
c) Identify and explain two reasons why TGH sell to a niche market.
d) Identify and explain two advantages to TGH of segmenting the market
e) Do you think the Directors of TGH were right to target a niche market
or should they have stayed with just a mass market? Justify your answer.
specially designed shoes,
a) What is meant by a 'niche market'?
for sports shoes.
Revision checklist
In this chapter you have learned:
the role of marketing-identifying and satisfying customer needs as well as
Answer:
Is this reading then answering questions or....
Explanation:
I dont get the question sry but I'll try to help
After a price floor is established above the equilibrium price in the market for strawberries: Group of answer choices
After a price floor is established above the equilibrium price in the market for strawberries, several outcomes can occur.
Firstly, the price floor would set a minimum price that sellers are allowed to charge for strawberries. If this minimum price is set above the equilibrium price, it means that sellers cannot sell their strawberries below this price.
One possible outcome is a surplus of strawberries in the market. Since the price floor is set above the equilibrium price, sellers may not be able to sell all of their strawberries at this higher price. As a result, there could be excess supply in the market.
Another outcome could be a decrease in consumer demand. With the price floor set above the equilibrium price, strawberries become more expensive for consumers. This higher price may discourage some consumers from buying strawberries, leading to a decrease in demand.
Additionally, the price floor may lead to inefficiency in the market. It can create deadweight loss, which is the loss of economic efficiency that occurs when the quantity demanded is less than the quantity supplied.
Overall, after a price floor is established above the equilibrium price in the market for strawberries, there can be a surplus of strawberries, a decrease in consumer demand, and inefficiency in the market.
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Word of mouth promotion is also known as what?
Answer:
Word-of-mouth advertising (WOM advertising), also called word of mouth marketing, is the process of actively influencing and encouraging organic word of mouth discussion about a brand, organization, resource, or event.
Explanation:
hope this helps, pls mark brainliest :D
Word-of-mouth advertising is another name for viral marketing.
What is Word-of-mouth promotion?The technique of deliberately influencing and supporting organic word-of-mouth talk about a brand, organization, resource, or event is known as word-of-mouth advertising (WOM advertising), sometimes known as word-of-mouth marketing.
A corporation can reach new audiences and establish a solid brand reputation by using word-of-mouth marketing. Businesses can enhance profitability, draw in new clients, and strengthen their bonds with current consumers by utilizing this distinctive and natural kind of marketing.
The type of rewards utilized has a significant impact on the effectiveness of word-of-mouth marketing. The employment of incorrect incentives to encourage customers or representatives to spread good word of mouth about goods or brands can have negative effects on a business, according to research.
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This is a method of evaluation in a credit bureau that assigns points based on several factors to compute credit
scores for consumers.
Answer:
point system
Explanation:
What the possible careers in Law
Answer:
Types of Law Careers. Banking and Insurance: Administrative Law Officer, Specialist Law Office. Public Prosecutor. State-Level or Local-Level Judge.
PLEASE MARK ME BRAINLIEST.which of these is not part of the promotional mix?
a. direct selling
b. sales promotion
c. advertising
d. none of the above
d. none of the above are not part of the promotional mix.
All of the options (a, b, and c) are part of the promotional mix, which is a term used to describe the various tactics and strategies that a company can use to promote its products or services. Direct selling involves selling products or services directly to consumers, while sales promotion is a short-term incentive used to encourage customers to make a purchase. Advertising is the use of various media to communicate a message about a product or service to a large audience.
The promotional mix refers to the various marketing tools and techniques that organizations use to promote their products or services. The mix includes the four Ps of marketing: product, price, place, and promotion. The latter, promotion, includes different tactics and strategies to communicate with and influence potential customers.
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When the results of quality control are unacceptable, what is the next step?.
When the results of quality control are unacceptable, the next step is to investigate and identify the root cause of the problem.
This involves analyzing the data collected during the quality control process to determine what went wrong and where in the production process the issue occurred. Once the root cause has been identified, corrective action can be taken to prevent the issue from recurring.
The corrective action may involve reworking or discarding the affected products, adjusting the production process or equipment, providing additional training to employees, or making changes to the quality control process itself.
It is important to document the investigation and corrective action taken, and to monitor the process to ensure that the problem has been fully resolved and that the quality control measures in place are effective in preventing similar issues in the future.
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the emergence of the subprime mortgage market following the recession of 2001 made it increasingly difficult for low-income individuals to obtain a mortgage. a. true b. false
The emergence of the subprime mortgage market following the recession of 2001 made it increasingly difficult for low-income individuals to obtain a mortgage. b. false
A subprime mortgage is typically given out to applicants with bad credit. Because the lender believes the borrower has a higher-than-average chance of defaulting on the loan, a prime conventional mortgage is not given.
To make up for taking on additional risk, lending institutions frequently charge interest rates on subprime mortgages that are significantly higher than those on prime mortgages. These mortgages are frequently ARMs, meaning that the interest rate has the ability to rise at particular intervals.
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Select the correct answer.
Which technique of advertising shows that multiple consumers use a product to build consumer trust in the procduct
Answer:
D. Bandwagon advertising
Explanation:
Bandwagon advertising is a type of propaganda advertising technique that is employed to sway the emotions of the audience to get them to purchase a particular product or service simply because many other persons are using such. So, the audience, in a bid to join crowd, they will willingly purchase such product or services on the ground that it is tested and trusted by many users.
For example, a beverage company can make ads about one of their beverage products and tag it, "America's favorite tea". This will give the notion to the target audience that the tea is mostly accepted and used by many Americans, and as such will go ahead to purchase it.
Answer:
D. Bandwagon advertising
Explanation:
The test says the answer is correct got 100%
Statement-McMorrow &
3. Cash Flow
Daughter Ltd
From the following information relating to McMorrow & Daughter Ltd, prepare
a cash flow statement for the four months January to April. Opening cash on 1
January is €3,700. X
Estimated income
• Sales: January €12,800; February €14,100; March €13,900; April €18,750
. Government grant: February €3,000
Estimated expenditure
• Purchase of materials: January €12,000; February €14,000; March €11,300;
April €14,300
Rent and rates: €1,600 per month
• Wages: €1,500 per month
• Telephone: February €300; April €450
61.000 in March answer pls
The net cash inflow for the period was €12,100 and closing cash balance at the end of April was €15,800.
What is a cash balance?A cash balance refers to the amount of money that a person, organization, or entity has in their possession or available to them at a given time. This can include physical currency, such as bills and coins, as well as digital forms of payment, such as bank account balances or cryptocurrency holdings. Cash balances are important for financial planning and management, as they can be used to cover expenses, pay debts, invest in assets, or save for future goals. It is important to monitor cash balances regularly to ensure that there is enough liquidity to meet financial obligations and take advantage of investment opportunities. Balancing cash inflows and outflows is essential for maintaining financial stability and achieving long-term financial success.
Net Cash Inflow: €12,100
Closing Cash: €15,800
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Which of the following has made communication within teams more difficult in recent years?
A. advancements in technology
B. an increasingly global society
C. a culture of disrespect
D. declining professionalism
Answer:
B. an increasingly global society
Explanation:
Communication may be explained as the exchange of information and messages between two or more people ; the sender which initiates the communication process and the receiver who responds to the initiated message. This means communication is an important between team members and any impairment in the communication process will be make the team less effective. Technology has helped in creating a wide range of communication means. However, the growing level of interdependence or globalization in the society whereby effectiveness of most processes is no more independent, such that the failure or one system will invariably affect the other causes a significant setback whenever such problem occurs.
What is a key requirement of a savings plan?
0 to prioritize saving regularly without exception
O to save any money that has not been spent
Oto prioritize saving money when it is convenient
O to save money whenever you are at the bank or an ATM
To prioritize saving regularly without exception.
What is a saving plans?
Savings plans are financial solutions intended to encourage responsible saving while providing consistent returns that aid in reaching your financial objectives. These plans, which are typically life insurance products, protect your loved ones' finances in the event that something were to happen to you.What are the benefits of savings plan?
Helps Save Taxes: Since saving plans are essentially life insurance plans, they offer the same tax benefits offered by other insurance plans. In particular, you can avail an exemption of up to Rs 1.5 lakh towards your premium payments, as per Section 80C of the Income Tax Act.Why is saving crucial?
Having a budget can assist you:Manage unforeseen expenses and crises. Reach your financial objectives, such as saving for a car, a down payment for a home, or your retirement.To know more about savings, checkout this link:
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what should be done if recommended it security safeguards make conducting business more difficult, resulting in lost sales and increased costs?
The recommended IT security safeguards should still be implemented, as they are important for protecting your business and its data.
However, the company should evaluate whether the chosen safeguards are appropriate for their business operations. If necessary, adjustments can be made to ensure that the security measures are not overly burdensome, while still providing adequate protection.
For example, if the security measures are making it too difficult for customers to purchase online, the company may consider implementing alternative measures such as two-factor authentication.
Additionally, a security awareness program may be implemented to help reduce the risk of any malicious behavior from employees.
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A market condition featuring one producer controlling the entire supply of a
good is called
O A. an oligopoly
B. a monopoly
O c. monopolistic competition
D. pure competition
Answer:
B. A monopoly.
Explanation:
A market condition featuring one producer controlling the entire supply of a good is called a monopoly. Therefore, option B is correct.
What is a monopoly?A monopoly market is a market condition where there is only one supplier or producer of a particular good or service. In other words, a monopoly exists when a single company or entity has exclusive control over the production and distribution of a certain product or service.
In a monopoly market, the single seller has significant market power and can exert control over the price and quantity of the product. Since there are no close substitutes available in the market, consumers have no choice but to pay the price set by the monopolist. This can lead to higher prices and reduced consumer surplus.
Monopolies can arise due to various reasons, including legal barriers, such as patents or licenses, economies of scale, and control over essential resources. Governments sometimes regulate or break up monopolies to prevent them from abusing their market power and to promote competition in the market.
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suppose that for a particular firm the only variable input into the production process is labor and that output equals zero when no workers are hired. in addition, suppose that when the firm hires 3 workers, the total cost of production is $120. when the firm hires 4 workers, the total cost of production is $150. in addition, assume that the variable cost per unit of labor is the same regardless of the number of units of labor that are hired. what is the firm's fixed cost?
The fixed cost of the firm is $30. This means that the firm incurs a cost of $30 just to open its doors and start production, regardless of the quantity of labor hired.
To find the fixed cost of the firm, we need to first understand the relationship between labor and the total cost of production. The problem states that the only variable input into the production process is labor, which means that the cost of production will increase as more workers are hired.
From the problem statement, we know that when the firm hires 3 workers, the total cost of production is $120, and when they hire 4 workers, the total cost is $150. We can use this information to determine the variable cost per unit of labor.
To do this, we need to calculate the cost of hiring an additional worker. When the firm goes from 3 workers to 4 workers, the cost increases by $30 ($150 - $120). Therefore, the variable cost per unit of labor is $30/1 worker = $30/worker. This means that regardless of the number of units of labor hired, the variable cost per unit of labor remains constant at $30/worker.
Now that we know the variable cost per unit of labor, we can use the total cost of production when 3 workers are hired to calculate the fixed cost of the firm. Let's assume that the total cost function is represented by TC(Q) = F + VC(Q), where TC is the total cost, Q is the quantity of labor, F is the fixed cost, and VC is the variable cost per unit of labor.
When the firm hires 3 workers, the total cost is $120. We know that the variable cost per unit of labor is $30/worker, so we can write this as:
TC(3) = F + VC(3)
$120 = F + ($30/worker) * 3 workers
Solving for F, we get:
F = $120 - ($30/worker) * 3 workers = $30
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the ability to develop and manage interactions, with and between others in the organization, with the specific aims of improved work conditions and organizational success is:
The ability to develop and manage interactions, with and between others in the organization, with the specific aims of improved work conditions and organizational success is referred to as effective communication and collaboration. This skill is essential for fostering a positive work environment and achieving organizational goals.
The ability to develop and manage interactions with and between others in the organization, with the specific aims of improved work conditions and organizational success is essential for effective leadership and management. Creating a positive work environment where employees feel valued and supported is crucial for achieving organizational success. Effective communication, collaboration, and relationship-building skills are necessary for developing and managing interactions within the organization. By fostering a culture of mutual respect and understanding, leaders can help to improve work conditions and promote a sense of teamwork and unity. Ultimately, these efforts can lead to increased productivity, employee satisfaction, and overall organizational success.
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Which scenarios can be considered effects of Sole Sister Shoe Store choosing to sell dress shoes over sneakers? Select two answers.
Answer:
Option 1 and 2
Explanation:
Complete Question
Which scenarios can be considered effects of Sole Sister Shoe Store choosing to sell dress shoes over sneakers?
CHECK ALL THAT APPLY.
High school athletes stop shopping there. The inventory of sports socks goes unsold. Publicity for the store declines. Profits decline because dress shoes cost less than sneakersSolution
Sole Sister Shoe Store chooses to sell dress shoes over sneakers because the customers of sneakers stopped shopping from the store. Sneakers are mainly purchased by the high school athletes over any other footwear. Now, they stopped shopping and hence Sole Sister Shoe Store started selling dress shoes
Also, sports socks' inventory is unsold indicating the reduction in sale of sneakers and hence the Sole Sister Shoe Store started selling dress shoes
Answer:
A - high school athletes stop shopping there.
B - The inventory of sports socks goes unsold.
Explanation:
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The lack of competition is part of the free enterprise system.
O True
O False
Answer:
I think its true
Explanation:
Kim-Su found an apartment that she wants to rent. The rent is $715 per month and there is a security deposit of $465. To move in, Kim-Su must have first month's rent, last month's rent and the security deposit. How much does Kim-Su need to move in? a. $1180 b. $1,645 c. $1,895 d. $2,360.
Given the information provided above, including the monthly rent and security deposit, Kim-Su is needed to pay the first month's rent, the last month's rent, and the security deposit.
Option c is the amount required money to move for Kim-Su.
Given:Rent per Month = $715
Security Deposit = $465
The computation:\(715 + 715 + $465 = $1,895.\)
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Answer:
C
Explanation:
Melanie's partially completed Schedule A, Itemized Deductions, is shown below. Given the adjusted gross income limitation, what amount can she deduct for eligible medical and dental expenses?
Melanie's partially completed Schedule A, Itemized Deductions, is shown below. Given the adjusted gross income limitation, the amount can she deduct for eligible medical and dental expenses is $2,260, Option C
What is gross income limitation?Generally, Your Adjusted Gross Income (AGI) will never be more than the total gross income reported on your tax return, and in certain instances, it may even be lower.
How do I compute my gross income?Performing the calculation is not too difficult if you are paid on a yearly basis. To reiterate, gross income is the entire amount you make before taking into account any deductions for taxes or other expenses.
This is the standard way in which annual pay is presented. Simply divide the entire amount of money (your pay) that you are paid during the year by the number of months in the year.
In conclusion, The portion of Schedule A, Itemized Deductions, that Melanie has completed so far is shown below. In light of the restriction imposed by the adjusted gross income, the maximum amount that she is permitted to deduct for her qualified medical and dental costs is $2,260.
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CQ
Melanie's partially completed Schedule A, Itemized Deductions, is shown below. Given the adjusted gross income limitation, what amount can she deduct for eligible medical and dental expenses?
$0
$1,603
$2,260
$2,583
Adjusted gross income limitation not found
Harry deposits $2400 in an account that pays 7% simple interest and $3500 in a second account that has a higher interest rate but is more risky. What interest rate must he get on the second account in order to earn at least $800 in interest for one year?
Answer:
18.0571%
Explanation:
Simple interest = principal x time x year
simple interest on the first investment = $2400 x 0,07 x 1 = $168
in order to earn at least $800 , he must earn $800 - $168 = $632 in the second investment
$632 = $3500 x r x 1
r = $632 / $3500 = 0,180571 = 18.0571%
beverly spends $100 on a teeth whitening kit. however, after just one application her gums are inflamed and her teeth feel painful when she eats hot or cold foods. when deciding whether to apply the treatment again or throw the kit away, beverly should understand that the opportunity cost of a second application is:
Opportunity cost is the value of the alternative option that could have been chosen instead. Beverly should consider the potential benefits and costs of using the teeth whitening kit again, as well as alternative options such as seeking medical treatment or trying a different product.
What does the term "opportunity cost" mean?Opportunity cost refers to the value of the next best alternative option that must be given up or sacrificed when making a choice between two or more mutually exclusive options. It is the cost of foregone opportunities, benefits, or potential returns that could have been achieved if an alternative decision had been made. Opportunity cost is an important concept in economics, business, and personal finance because it helps individuals and organizations make better decisions by understanding the trade-offs involved in choosing one option over another.
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Beverly spends $100 on a teeth whitening kit. However, after just one application, her gums are inflamed, and her teeth feel painful when she eats hot or cold foods.
Beverly should understand that the opportunity cost of a second application is damaging her teeth, which is much worse than the cost of throwing the kit away.
Opportunity cost refers to the cost of choosing one opportunity over another, i.e., the cost of giving up one alternative to pursue another alternative. The opportunity cost of choosing one option is the benefit that could have been achieved by choosing the other alternative. If the cost of one opportunity is high, it may not be worth pursuing the option. The kit may cause Beverly more harm than good, so Beverly should understand that the opportunity cost of a second application is the cost of damaging her teeth, which is much worse than the cost of throwing the kit away. Instead, she should try a different product or visit a professional dentist to fix the damage caused by the previous treatment.
The opportunity cost of throwing the teeth whitening kit away is that Beverly would be unable to try another application of the kit to see if the result is different. Beverly may miss out on having a whiter smile if she throws the kit away, but if the potential harm from the treatment is greater than the benefit, it is not worth continuing to use it.
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Can anyone help me think of an advertisement for a product I’m selling which is a drone.
Regardless of the variety of options available, all forms of advertising share two objectives: to influence customers so that they become leads or customers.
How to Influence Customers?
Consumer behavior is influenced by four psychological factors: attitude or set of beliefs, perception, learning, and motivation. Behaving in a manner that offers others the opportunity to change (their behavior, attitudes, thoughts, and ways) and/or accommodate your own wishes is one aspect of influencing skills. However, it is important to recognize that others may be unable to, unwilling to, or unprepared to respond to our request to be influenced. Human behavior is influenced by a variety of factors and characteristics. These are distinctions that are unique to the person with whom you are collaborating. Personality traits.
These are things that affect how a person interacts with other people. Institutional elements. Factors that affect the community and Public policy.
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Las 7) Find the production level that will maximize the profit if the cost and price functions are Ca) = 10000 + 500x - 1.6x? +0.001x and ple) = 1700 - 7. many recommends that the company manufacture
To find the production level that maximizes profit, we need to determine the quantity that maximizes the difference between the revenue and cost functions. The cost function is Ca(x) = 10000 + 500x - \(1.6x^2\)+ 0.001x, and the price function is ple(x) = 1700 - 7x.
To maximize profit, we need to find the quantity x at which the difference between the revenue and cost functions is maximized. The revenue function is given by R(x) = ple(x) * x, where ple(x) represents the price function and x represents the quantity produced. In this case, the price function is ple(x) = 1700 - 7x.
The cost function is given by Ca(x) = 10000 + 500x - \(1.6x^2\) + 0.001x, which represents the total cost of production as a function of quantity x. To find the quantity that maximizes profit, we need to find the critical point of the profit function, P(x) = R(x) - Ca(x).
To find the critical point, we take the derivative of P(x) with respect to x, set it equal to zero, and solve for x. This will give us the production level that maximizes profit.
Once the critical point is found, we can evaluate whether it corresponds to a maximum or minimum by examining the second derivative of P(x). If the second derivative is negative, it indicates a maximum profit.
Therefore, by finding the critical point and analyzing the second derivative, we can determine the production level that will maximize profit for the company.
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what do you mean by co-work skill ?
What are two disadvantages of putting your money into savings accounts, compared to investing?.
The two disadvantages of putting money into savings accounts, instead of investing, include low rates of interest, and the effect of inflation.
What is a savings account?A savings account is described as an account kept with a bank that provides interest on the money deposited in the account. It is important to mention that savings account provides low-interest rates. However, the money deposited in the savings account remains safe and reliable. Hence, it is often considered a great option to deposit money for fulfilling short-term needs.
The two big disadvantages of putting money into savings account in the effect of inflation. It is important to mention that banks do not pay higher interest rates, and this results in the reduced value of the money kept deposited in the savings account. Secondly, the interest rates are very low compared to the other forms of investment. This low rate of interest does not provide significant returns to the deposited money.
It can be concluded that the two disadvantages of putting money into savings accounts, instead of investing, include low rates of interest and the effect of inflation.
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