Describe the criteria that forms the foundation of successful management of a human service organization.

Answers

Answer 1

The functions of management are the criteria that forms the foundation of successful management of a human service organization.

What is the significance of functions of management?

The functions of management can be referred to or considered as the basic principles that are necessary to be followed by an organization in order to efficiently conduct the running of an organization. Planning is the first and foremost function of management that ensures successful management of a human service organization.

Therefore, the significance regarding the functions of management has been aforementioned.

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Related Questions

Your company makes skiing equipment and apparel. You recently launched a number of new features and capabilities on your website that are aimed at the active skier target market. One of the most popular features is the one that sends an alert to skiers when forecasted weather conditions at their favorite ski venues are most favorable for skiing. There are also alerts that contain information about the size of daily crowds at these venues. Which of the following digital capabilities are you directing your head of marketing to base the strategy on?A. Right-time marketing.
B. Interactive marketing.
C. Global reach.
D. Integrated marketing.
E. Personalization.

Answers

Answer:

Option E (Personalization) seems to be the correct option.

Explanation:

Personalization seems to be the mechanism through which a consumer customizes a computer or web-based interface according to fit their individual preferences. The growth in personalized service has compounded aspects of confidentiality and consumer concern. In certain situations, personalization requires a promise of non-disclosure between some of the customer and the service provider.

Some other solutions offered are not linked to the situation in question. But the following seems to be the right thing

Cindy has been working for 8 years, and she’s built up a huge emergency fund -- $45,000, which would be 6 months of her salary. She’s hoping to earn a bit more interest than she currently is with that $45,000 just sitting in her traditional bank’s savings account. Which account would you recommend? Why?

SAVINGS ACCOUNT, CD, MONEY MARKET ACCOUNT

Answers

I will recommend she invest the $45,000 in Certificate of deposit or Money market account.

It is widely known that a traditional bank’s savings account does not provides significant interest rate for deposit unlike other account which are meant from pure investment at long term.

A certificate of deposit are issued by bank to customer promising them a certain interest rate on their deposit with them.

A money market is also an method of investing in short term market and guarantees high interest rate on deposit.

Therefore, I will recommend she invest the $45,000 in Certificate of deposit or Money market account.

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A record of income and expenditures for a given period of time is called a/an:
Interest
Budget
Credit
Investment

Answers

A record of income and expenditures for a given period of time is called a BUDGET.

? Question
Select the correct answer.
What is the NHTSA responsible for?
O establishing safety standards for cars
building faster and alternative modes of transportation
O providing security for airline passengers
O evaluating and reducing the risk of industrial accidents

Answers

Answer:

NHTSA is responsible for keeping people safe on America's roadways so the closest answer is Establishing safety standards for cars.

An unlicensed property manager can do all of the following except: Maintenance Showing units Negotiating lease terms Furnishing published information

Answers

When a person is an unlicensed property manager, they can do all of the above except Negotiating lease terms.

What can an unlicensed property manager do?

An unlicensed property manager can show prospective buyers the units on sale as well as maintaining the units. They can also furnish people with published information on the units.

They cannot however, negotiate lease terms with people because they do not have the license and authority to do so.

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Match the phrase to the right answer.
-Type of labor incurred by hands on factory workers
-Document for capturing labor hours -Account where jobs are born
-Type of Overhead put into WIP when using Job Costing
-Landing place for sold jobs
-Cost of finished products for the period Location of all completed jobs awaiting sale
Some Options are: Direct, Actual, Timecard, Allocated, Work in process, Cost of goods manufactured, Finished Goods, Cost of goods sold.

Answers

Explanation:

-Type of labor incurred by hands on factory workers: Direct

-Document for capturing labor hours: Timecard

-Account where jobs are born: Work in process

-Type of Overhead put into WIP when using Job Costing: Allocated

-Landing place for sold jobs: Finished Goods

-Cost of finished products for the period: Cost of goods sold

-Location of all completed jobs awaiting sale: Finished Goods

Match the phrase:

Direct: Type of labor incurred by hands on factory workersTime card: Document for capturing labor hours Work in process: Account where jobs are born.

Direct labor is the time that employees spend turning raw resources into finished goods. An item used to record labor hours is a time card. Jobs are created in accounts that have work in progress.

When employing task costing, allocated overhead is the kind of overhead that is added to WIP. Jobs that are sold land at the cost of products sold. The price of finished items throughout the time period is the cost of commodities manufactured. All finished tasks that are up for sale are kept in the finished goods category.

Match the phrase:

Direct: Type of labor incurred by hands on factory workersTime card: Document for capturing labor hours Work in process: Account where jobs are born.Allocated: Type of Overhead put into WIP when using Job CostingFinished Goods: Landing place for sold jobsCost of goods sold: Cost of finished products for the periodFinished Goods: Location of all completed jobs awaiting sale.

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discuss the economic importance of the tertiary sector

Answers

Answer: sector provides basic services such as hospitals, educational institutions, post and telegraph services, police stations, courts, municipal corporations, defence, banks, insurance etc. ... Thus, tertiary sector is certainly important for the development of other sectors in an economy.

Explanation:

Answer:

studying

Explanation:

good to study economics to know the national income and taxrs

A firm that is committed to keeping manufacturing facilities in only the home country (and not developing multiple production sites in a variety of countries) can Multiple Choice not mitigate the effects of exchange rate changes. lessen the effect of exchange rate changes by pursuing a strategy of diversifying the markets in which the firm's products are sold. lessen the effect of exchange rate changes by pursuing a strategy of selling commodity products without product differentiation. pursue a strategy of increasing its products price elasticity of demand.

Answers

Answer:

lessen the effect of exchange rate changes by sourcing from where input costs are low

Explanation:

in your own words explain price elasticity. focus on explaining the difference between products that have elastic demand and those that have inelastic demand. what types of products typically have inelastic demand? why? what types of products typically have elastic demand? why? for the following products, indicate if your demand for the product is elastic or inelastic and why. gasoline (all prices have increased 50% - elastic or inelastic?) streaming services like nextflix and hulu (imagine that all service providers have doubled their prices – elastic or inelastic?) college courses (all schools have doubled their prices – elastic or inelastic?) allergy medicine (all products in this category have tripled their prices – elastic or inelastic?)

Answers

The price elasticity of demand measures the change in consumption of a product in response to a change in its price.

Describe the types of price elasticity of demand.

If the price elasticity of a good is infinite, it is perfectly elastic (if demand changes substantially even with minimal price change). If the price elasticity is greater than one, the good is elastic; if it is less than one, the good is inelastic. A good is perfectly inelastic if its price elasticity is 0 (no amount of price change causes a change in demand). Unitary elasticity exists when price elasticity is exactly one (a price change causes an equal percentage change in demand). The presence of a substitute for a product influences its flexibility. If there are no good substitutes and the product is required, demand will remain constant even if the price rises, making it inelastic.

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if each down time costs $7, regardless of how long the machine is down, what is the long run total down time cost per unit time?

Answers

The given problem states that each downtime costs $7, regardless of how long the machine is down; therefore, the long-run total downtime cost per unit time is $7. Even if the machine is down for 10 minutes or 1 hour, the cost per downtime event is still $7. This means that for every downtime event, the company has to spend $7.Content-loaded machines are those that have data stored on them in such a way that it can be used at a later point in time. It can include videos, audio, images, text files, web pages, and many more.

The content loaded on these machines makes them vulnerable to downtime as they become more susceptible to viruses and malware. Downtime is the period during which the machine is not operational. It can occur for various reasons, such as maintenance, repairs, software upgrades, and even natural disasters.

In conclusion, the long-run total downtime cost per unit time is $7, regardless of how long the machine is down. This means that each time the machine experiences downtime, the cost per downtime event will be $7.

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Which situation most directly illustrates a possible outcome of a fiscal
policy?
A. New environmental regulations make drinking water in a city safer.
B. The government decides it is time to print a great deal of new
money
O C. Struggling farmers receive less assistance from the government.
O D. A company decides to expand its operations into several new
states

Answers

Answer:

C

Explanation:

The correct answer would be option C that says that the struggling farmers receive less assistance from the government as fiscal policies are associated with determining the expenses and taxation policies to the various sectors to regulate the direction of the economy.

There are two types of Fiscal Policy that are Expansionary and Contractionary.

Expansionary fiscal policy:

deals with an increase in spending and/ or relaxing in taxation by the government so that consumers in the economy get more money.

Contractionary policy:

deals with reducing spending and/ or increasing taxation.

In this case, farmers did not get assistance from the government due to reducing the amount of Federal money available for farming and farmers is an illustration of Contractionary fiscal policy.

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Which situation most directly illustrates a possible outcome of a fiscalpolicy?A. New environmental regulations

12. "Positive Analysis" concerns all the following attributes EXCEPT one. Circle the incorrect answer:
a. It is objective.
b. It measures "what should be."
c. It includes no value judgement.
d. Its goal is to assess "what is."

Answers

The incorrect answer is "b. It measures 'what should be.'"Positive Analysis" concerns all the following attributes EXCEPT "b. It measures 'what should be.'"

Positive analysis refers to the study of economic behavior without any ethical judgments and evaluating them based on facts. Its goal is to evaluate what is, without any influence of what ought to be.

In this context, options a, c, and d are correct as "Positive Analysis" involves assessing what is, without any value judgments, and with an objective approach. However, option b is incorrect as it doesn't measure "what should be." It evaluates the current situation without influencing it in any way.

It must be noted that normative analysis, on the other hand, measures "what should be." It is concerned with evaluating what should happen, based on subjective ethical judgments and values.

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Suppose the city of Austin, TX chooses to regulate the number of street vendors operating near the University of Texas by requiring each vendor to own a permit in order to operate. The city gives free permits to all existing vendors and announces that no new permits will ever be issued. Prior to regulation, the costs (including implicit costs) of operating were $85,000 and revenues were $150,000. The city ordinance allows the permits to be bought and sold without restriction. The permits have no expiration date. The interest rate is 10 percent. After regulation, existing street vendors earn an
A. accounting profit of zero.
B. economic profit of $130,000.
C. economic rent of $65,000
D. economic loss.

Answers

Answer:

economic rent of $65,000

Explanation:

Economic rent is the amount of money paid in excess to a factor of production in excess of what is socially optimum

Economic rent = $150,000 - $85,000 = $65,000

Accounting profit= total revenue - explicit cost

Total revenue =price x quantity sold  

Explicit cost includes the amount expended in running the business. They include rent , salary and cost of raw materials

Economic profit = accounting profit - implicit cost

Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives

Without the regulation, economic profit would be driven to zero.

one of the key characteristics of the U.S. free enterprise system is:

A. strict limits on the kinds of products available to consumers.

B. limited competition between large businesses in each industry.

C. government deciding which goods will be produced.

D. businesses making decisions based on the profit motive.

Answers

The main characteristics of the U.S. free enterprise system is Option (D.) businesses making decisions based on the profit motive.

Free enterprise:

Free enterprise, or the unfastened marketplace, refers to a financial system wherein the marketplace determines prices, products, and offerings in place of the government.

Main characteristic of the U.S. free enterprise system:

It involves the Companies and services are not under government control and a company that makes decisions based on  profit motives.

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an asset's book value is $18,700 on december 31, year 5. assuming the asset is sold on december 31, year 5 for $14,300, the company should record:

Answers

The company should record a loss of $4,400 on the sale of the asset.

When an asset is sold, the company should record the gain or loss on the sale. The gain or loss is calculated by comparing the selling price of the asset to its book value.

In this scenario, the asset's book value on December 31, Year 5, is $18,700, and it is sold for $14,300 on the same date. To determine the gain or loss, we subtract the selling price from the book value:

Gain or loss = Selling price - Book value

= $14,300 - $18,700

= -$4,400

The negative sign indicates a loss on the sale.

To record the transaction, the company would debit the Loss on Sale of Asset account and credit the Asset account. The amounts recorded would be equal to the loss on the sale, which is $4,400.

Journal entry:

Debit: Loss on Sale of Asset $4,400

Credit: Asset $4,400

By recording the loss, the company recognizes the decrease in the value of the asset compared to its book value. This loss is reported on the income statement and reduces the company's net income for the period.

It's worth noting that if the selling price had been higher than the book value, it would result in a gain on the sale, and the corresponding journal entry would involve debiting the Asset account and crediting the Gain on Sale of Asset account.

In summary, when an asset is sold for an amount lower than its book value, the company should record a loss on the sale equal to the difference between the selling price and the book value.

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The most important immediate environmental factors that impact consumers are the ______.

Answers

Answer:

employees

Explanation:

just cause they are the employees and should be a part of it if it's basically a new revolution

Scenario: Country W has placed a trade embargo on Country L because they are not seeing eye to eye on global political issues. As a result of this embargo, Country L is having difficulties receiving the metals needed to continue production of their famously reliable cars. Answer the following question according to the information presented in the scenario. By creating an embargo, Country W is creating a(n)_____. The embargo will cause Country L's productivity to_____.

Answers

Answer: Punishment and Decrease

Explanation: I got it right.

The correct options are (A) By creating an embargo, Country W is creating a barrier to trade. The embargo will cause Country L's productivity to (B) decrease or decline, as they are having difficulties receiving the metals needed for production of their cars.

What is barrier in trade?

A barrier in trade refers to any obstacle that hinders free and open trade. Such hindrances can be created intentionally or unintentionally by governments or other players in the market. Barriers in trade can take on many forms, such as tariffs, quotas, embargoes, regulations, and subsidies. They affect international trade by increasing the costs of goods, limiting consumer choices and reducing the amount of trade between countries. The result is often a negative impact on the economy, as barriers lead to decreased productivity, reduced competition, and increased costs. Countries often use trade barriers to protect their domestic industries or to correct perceived trade imbalances.

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Northern Warehouses wants to raise $11.4 million to expand itsbusiness. To accomplish this, it plans to sell 40-year, $1,000 facevalue, zero-coupon bonds. The bonds will be priced to yield 8.75percent. What is the minimum number of bonds it must sell to raisethe $11.4 million it needs?

Answers

Northern Warehouses must sell 15,643 bonds to raise the $11.4 million it needs.

This can be calculated by dividing the total amount needed by the face value of each bond ($11,400,000 ÷ $1,000 = 11,400 bonds) and then using the present value formula to calculate the number of bonds needed to achieve that amount at the given yield (PV = FV ÷ (1+r)^n):

PV = $11,400,000
FV = $1,000
r = 8.75%
n = 40 years

Solving for n, we get: n = ln(FV/PV) ÷ ln(1+r) = ln($1,000/$11,400,000) ÷ ln(1+0.0875) ≈ 15,643.

Therefore, Northern Warehouses must sell at least 15,643 bonds to raise $11.4 million at a yield of 8.75%.

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One of Matheny Company's activity cost pools is inspecting, with estimated overhead of $120000. Matheny produces throw rugs (700 inspections) and area rugs (1300 inspections). How much of the inspecting cost pool should be assigned to throw rugs?
O $120000.
O $64615.
O $42000.
O $60000. Multiple Choice Question 103
A company has total fixed costs of $200000 and a contribution margin ratio of 10%. The total sales necessary to break even a
O $1800000.
O $2000000. O $500000.
O $220000.

Answers

1. The inspecting cost pool should be assigned to throw rugs is  $42,000. Option C is the correct option.

2. The total sales necessary to break even is $2,000,000. Option B is the correct option.

To determine how much of the inspecting cost pool should be assigned to throw rugs, we need to allocate the overhead based on the number of inspections for each product.

The total number of inspections is 700 for throw rugs and 1300 for area rugs, resulting in a total of 2000 inspections.

To calculate the amount assigned to throw rugs, we can use the proportion of throw rug inspections to the total inspections:

Throw rugs inspections / Total inspections = 700 / 2000 = 0.35

Now, we can allocate the overhead:

Throw rugs allocated overhead = Total overhead * Proportion

Throw rugs allocated overhead = $120,000 * 0.35

Throw rugs allocated overhead = $42,000

Therefore, $42,000 of the inspecting cost pool should be assigned to throw rugs.

Regarding the second question, to calculate the total sales necessary to break even, we can use the formula:

Total fixed costs / Contribution margin ratio = Break-even sales

Total fixed costs = $200,000

Contribution margin ratio = 10% or 0.10

Break-even sales = $200,000 / 0.10

Break-even sales = $2,000,000

Therefore, the total sales necessary to break even is $2,000,000.

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beginning inventory is $20,000. purchases of inventory during the year are $100,000. ending inventory is $50,000. what is cost of goods sold?

Answers

Answer: $70,000

Explanation: Add ending + Beginning

The cost of goods sold as per the given data of inventories and purchases of inventory is $70,000 during the year.

What is inventory?

The products, resources, and equipment that a company keeps on hand in advance of selling them to customers for a profit are referred to as inventory. One can fulfill the needs of your clients and can save money by using inventory management.

The inventory that appears at the beginning of the year refers to as the beginning inventory whereas the inventory which remains at the end of the financial year in business is referred to as the ending inventory.

The calculation for the cost of goods sold

beginning inventory = $20,000

ending inventory  = $50,000

purchases of inventory =  $100,000

COGS = the starting inventory + purchases – ending inventory

           = (20,000+100,000)-50,000

           = 120,000- 50,000

           = 70,000

Therefore, the Cost of goods sold is  $70,000.

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Fractional reserve banking is useful for banks because it:

O A. allows the value of loans to exceed the value of cash reserves.
OB. combines the services of both commercial and retail banks.
OC. divides large accounts into smaller ones that are easier to
manage.
OD. pressures customers to accept higher interest rates on loans.

Answers

I think the Answer is A

Not super sure about this question.... ​

Not super sure about this question....

Answers

Answer:

Don't use the word super.  Being sure is either you know or don't know.

Explanation:

Just ask a repeat of the question and then if you are unsure, tell the teacher.

Discount-Mart, a major East Coast retailer, wants to determine the economic order quantity for its halogen lamps. It currently buys all halogen lamps from Specialty Lighting Manufacturers, n Atlanta. Annual demand is 2,800 lamps, ordering cost per order is $30, carrying cost per lamp is $12.
how many orders should discount mart place with specialty lighting per year if the eoq?

Answers

Discount-Mart should place approximately 74 orders per year with Specialty Lighting if the Economic Order Quantity (EOQ) is 74.

The Economic Order Quantity (EOQ) is a formula used to calculate the optimal order quantity that minimizes total inventory costs. In this case, Discount-Mart wants to determine how many orders to place with Specialty Lighting for halogen lamps. Given the annual demand of 2,800 lamps, an ordering cost of $30 per order, and a carrying cost of $12 per lamp, we can calculate the EOQ. By using the EOQ formula, which takes into account the annual demand, ordering cost, and carrying cost per lamp, we find that the EOQ is approximately 74.83 orders. Since it is not possible to place a fractional order, we round down to the nearest whole number.

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A 10-year Treasury bond currently yields 7%. The real risk-free rate, r*, is 3.1%. The maturity risk premium has been estimated to be 0.1%(t - 1), where t = the maturity of the bond. Inflation is expected to average 2.5% a year for each of the next five years. What is the expected average rate of inflation between years five and ten? Disregard cross-product terms, i.e., if averaging is required, use the arithmetic average

Answers

The expected average inflation for the next 5 to 10 years will be 3.3. The risk of inflation is present with securities. The rate at which the cost of products rises over time in an economy is known as inflation.

Maturity risk premium = 0.1%(t-1)

Maturity of the bond= t

Inflation =2.5% for the next five years

r = r* + IP + MRP

\(7=3.1+{\frac{2.5*5+x*5}{10} }+0.1(10-1)\\7=3.1+\frac{12.5+5x}{10} +0.9\\7-3.1-0.9=\frac{12.5+5x}{10}\\ 3*10-12.5=5x\\16.5=5x\\x=\frac{16.5}{5}\\ x=3.3\)

To compensate investors for taking on more risk, the expected rates of return on longer-term securities are typically higher than rates on shorter-term securities. This is known as the maturity risk premium.

A security's yield serves as a gauge of the ex-ante return to the security's holder. It is one element of return on investment; the other element is the shift in the security's market price.

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What role does the price index play for understanding family budget expenditures ?

Answers

Answer:

Explanation:

Consumer Price Index (CPI) Explained: What It Is and How It's Used

8 minute and 31 second read time

By JASON FERNANDO Updated December 13, 2022

Reviewed by PETER WESTFALL

Fact checked by PETE RATHBURN

Consumer Price Index (CPI)

Investopedia / Katie Kerpel

What Is the Consumer Price Index (CPI)?

The Consumer Price Index (CPI) measures the monthly change in prices paid by U.S. consumers. The Bureau of Labor Statistics (BLS) calculates the CPI as a weighted average of prices for a basket of goods and services representative of aggregate U.S. consumer spending.

The CPI is one of the most popular measures of inflation and deflation. The CPI report uses a different survey methodology, price samples, and index weights than the producer price index (PPI), which measures changes in the prices received by U.S. producers of goods and services.

KEY TAKEAWAYS

The Consumer Price Index measures the overall change in consumer prices based on a representative basket of goods and services over time.

The CPI is the most widely used measure of inflation, closely followed by policymakers, financial markets, businesses, and consumers.

The widely quoted CPI is based on an index covering 93% of the U.S. population, while a related index covering wage earners and clerical workers is used for cost-of-living adjustments to federal benefits.

The CPI is based on about 94,000 price quotes collected monthly from some 23,000 retail and service establishments as well as 43,000 rental housing units.

Housing rents are used to estimate the change in shelter costs including owner-occupied housing that account for nearly a third of the CPI.

15 $ x 140 hours a month

Answers

2,100$ per month

140 x 15 = 2100
Then work it into the problem

15 × 140 × 12

= $ 25200

IT IS 15 TIMES THE HOURS TIMES THE MONTHS SINCE THERE ARE TWELVE MONTHS

What are some physical cues I should look for when carding guests?

Select all that apply and then click Submit.

• Height
• Weight
• Age
• Bone structure
• Gender
• Eye color

Answers

Answer:

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Pls Mark As Brainliest If The Answer Is Correct

Age is a physical cue I should look for when carding guests. Thus option C is correct.

What are physical cues?

Use physical clues like examples, eye contact, facial emotions, and hand-over-hand touch. Other cues can be signs, a church bells, or dimmer lights.

State rules and regulations differ when it to requesting IDs, and the FDA also establishes a minimum carding age. Congress enacted laws in December 2019 that set the frisking age at under 30 and increased the legal drinking age from 18 to 21 for all tobacco and vapor products.

While some establishments set its carding practices at a specified age level, others require employees to card ALL clients. In a few years, it's conceivable that all IDs will be scanned prior to the purchase of a time-of-life commodity. Therefore, option C is the correct option.

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When choosing a marketing channel or intermediary, it is important to ask several key questions, including which of these?

Answers

A marketing channel or intermediary, it is important to ask several key questions, including which of these:

1. What are the reach and demographics of the channel/intermediary?
2. How will my target audience use this channel/intermediary?
3. What type of content performs best on this channel/intermediary?
4. What are the costs associated with using the channel/intermediary?
5. What resources do I need to manage the channel/intermediary?
6. What are the expected return on investment (ROI) from this channel/intermediary?
7. What type of data and insights can I expect from this channel/intermediary?
8. Are there any restrictions associated with the channel/intermediary?
9. What are the current trends related to this channel/intermediary?
10. What are the advantages and disadvantages of this channel/intermediary?

What is marketing channel?

Marketing channels are the different paths that goods and services must travel before they reach the consumer. These paths involve the movement of goods and services from their point of origin to their point of consumption. They are the means by which companies move their products from the production process to the consumer. Marketing channels can take many forms, including direct marketing, retail, or wholesale. The type of channel chosen will depend on the product or service being offered, the target market, and the company’s marketing objectives.

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journalize these receivable accounts (accounts receivable, notes receivable, or other receiveable on a balance sheet please.

1. advanced $10,000 cash to an officer

2. person from question 1 cant pay in 39 days window and has issued a 64000 note to us
3. received a promissory note of 57000 for sale of inventory

Answers

The first entry involves advancing $10,000 cash to an officer. This transaction creates an account receivable because it represents a credit extension to an individual within the organization.

The company is essentially treating the officer as a customer, and the officer owes the company the amount advanced. In the second entry, the person who received the cash advance in the first transaction is unable to pay within the specified timeframe. Instead, they issue a $64,000 note to the company. This transaction converts the accounts receivable into a notes receivable. The company now holds a written promise from the person to pay the specified amount at a later date.

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Suppose there is an increase in the saving rate. This increase in the saving rate must cause an increase in consumption per capita in the long run when

Answers

The statement is incorrect. An increase in the saving rate does not necessarily cause an increase in consumption per capita in the long run.

The relationship between saving and consumption is complex and depends on a range of factors, including interest rates, investment opportunities, and government policies.

In some cases, an increase in saving may lead to a decrease in consumption, particularly in the short term, as people may delay spending until they have accumulated more savings. However, in the long run, the impact of saving on consumption is less clear and depends on the broader economic context.

For example, if increased saving leads to higher investment and productivity growth, it may ultimately lead to higher levels of consumption. Overall, the relationship between saving and consumption is complex and depends on a range of factors.

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