When a service company uses a ______________ costs system it generally does not have inventory accounts. Select one:
a. invoicing b. controlled c. job order d. purchase order
Answers
When a service company uses a invoicing (A) costs system it generally does not have inventory accounts.
When a service company uses a job order costing system, it typically has inventory accounts because the company is producing unique and specific services that are provided to customers on a project-by-project basis. The job order costing system tracks the costs associated with each job or project separately, allowing the service company to determine the total cost of providing a specific service to a specific customer. This information is then used to price the service appropriately and to ensure that the company is charging enough to cover its costs and make a profit. In contrast, when a service company uses a process costing system, it typically does not have inventory accounts because the company is producing a standardized service or set of services that are provided to all customers on an ongoing basis.
However, when a service company uses an invoicing costs system, it generally does not have inventory accounts because the company is billing customers for services provided, rather than producing and storing goods or products. This system is used by service companies that do not produce physical goods but provide services, such as consulting firms or law firms. The invoicing costs system tracks the services provided to each customer and the associated costs, such as labor and materials, and then bills the customer for the total amount due. This system is important for service companies because it allows them to track their revenue and expenses accurately and ensure that they are billing their customers correctly.
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Related Questions
Select the best answer for the question.
2. Which functional area in a retail store usually manages the on-site revenue generation, administration, and reports on the center's expenses?
O A. Finance
O B. Information Technology (IT)
C. Human Resources
O D. Visual Merchandising
Answers
Answer:
Human resources
Explanation:
What is one method that helps control online fraud? O A. Deleting odd emails before reading B. Reporting odd emails to police • C. Reporting odd emails as spam • D. Signing into email in many locations
Answers
Answer: C. Reporting odd emails as spam
Explanation:
Last week Sarah Carver worked 4 overtime hours at time-and-a-half pay. Her
regular pay rate is $8.70 per hour. What was her overtime
pay for the week
Answers
Answer:
34.80
Explanation:
8.70 times 4 is 34.80
Answer:
69.60
Explanation:
8.70 x0.5 = 17.4
17.4 is time and a half rate
17.4 x 4 = 69.60
4 is the hours she worked.
The foundation of a marketing plan.
Answers
Answer:
Every marketing plan should include a clear explanation of the market segmentation, target market focus, and a market forecast. To develop an effective plan based on your customers' needs and nature.
Match each description from the RIASEC inventory with the correct title.
Answers
We can actually deduce here that matching each description from the RIASEC inventory with the correct title, we have:
1. A. Independent and practical - Realistic
2. B. Logical and observant - Investigative
3. C. Creative and expressive - Artistic
4. F. Want to inspire, inform, train, and help others - Social
5. D. Prefer to influence, persuade and lead people - Enterprising
6. E. Organized, efficient and methodical - Conventional.
What is RIASEC?RIASEC is actually known to be an acronym for Realistic, Investigative, Artistic, Social, Enterprising, and Conventional. These are six personality types that was identified by Dr. John Holland.
According to John Holland's theory, he believes that most people are one of six personality types which refers to being Realistic, Investigative, Artistic, Social, Enterprising, or Conventional.
Thus, we see that those that are:
Realistic are independent and practical.Investigative are logical and observant.Artistic are creative and expressive.Social are those that want to inspire, inform, train, and help others. Enterprising are those prefer to influence, persuade and lead people.Conventional are organized, efficient and methodical.Learn more about RIASEC on https://brainly.com/question/28318450
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A company has 2,200 customers they extend credit to, how many accounts receivable will they have on their books?
Answers
The total amount of accounts receivable will depend on the credit terms extended to each customer and the timing of their payments.
Without knowing the average amount of credit extended to each customer, it is difficult to provide an exact number of accounts receivable. However, we can assume that the company will have at least 2,200 accounts receivable on their books, as each customer will likely have an outstanding balance that the company is waiting to receive payment for. The total amount of accounts receivable will depend on the credit terms extended to each customer and the timing of their payments.
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How much does one need to have to open a bank
Answers
The business cycle affects output and employment in capital and durable goods industries more severely than in industries producing non-durable goods because, ______.
Answers
The business cycle affects output and employment in capital and durable goods industries more severely than in industries producing non-durable goods because, large investment requirements and greater demand fluctuations.
Consumer nondurable goods are purchased for immediate or almost immediate consumption and have a life span ranging from minutes to three years. Common examples of these are food, beverages, clothing, shoes, and gasoline.
In economics, a durable good or a hard good or consumer durable is a good that does not quickly wear out or, more specifically, one that yields utility over time rather than being completely consumed in one use.Products made of paper and paperboard comprise the largest portion of nondurable goods. Other nondurable products include paper and plastic plates, cups and other disposable food service products, disposable diapers, clothing and footwear, linens, and other miscellaneous products.Examples of consumer durables include appliances such as washers, dryers, refrigerators, and air conditioners; tools; computers, televisions, and other electronics; jewelry; cars and trucks; and home and office furnishings.
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Answer:
during a recession, business investment in new capital goods and consumer spending on new durable goods can be postponed
Tech A states that the scheduled service history can be recorded in a service booklet. Tech B states that the scheduled service history can be recorded in the company's records. Who is correct
Answers
Both Tech A and Tech B are correct.
The scheduled service history of a vehicle can be recorded in various ways, and both the service booklet and company records are commonly used methods. The service booklet is typically provided with the vehicle and allows the owner to keep track of all maintenance and repairs performed on the vehicle. This can be helpful when it comes time to sell the vehicle or for warranty purposes. On the other hand, many companies keep records of the maintenance and repairs performed on their fleet vehicles in order to track the costs and ensure that the vehicles are being properly maintained. Ultimately, the choice of where to record the scheduled service history will depend on the owner or company's preferences and needs.
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If there is always a three-for-one tradeoff between goods X and Y, then the PPF between X and Y is:_______
a. a downward-sloping curve that is bowed outward.
b. a downward-sloping curve that is bowed inward.
c. a downward-sloping straight line.
d. an upward-sloping straight line.
Answers
Answer:
c. a downward-sloping straight line.
Explanation:
In case when there is a three for one tradeoff lies between the X goods and Y goods so the curve of PPF should be fall sloping contains straight line. This slope should be downward as it generated more and more of one goods and it could be sacrificed for the other good and the reason of the straight line is that here the opportunity cost would remain the same or constant
Therefore in the given case, the correct option is C.
A straight line, downward - sloping demand curve often mean that, as price falls, there is an elasticity of demand. If there is always a three-for-one tradeoff between goods X and Y, then the PPF between X and Y is a Downward-sloping straight line.
Trade-off is simply known as a situational decision. It is simply the reduction of one quality, quantity, or property so as to get gains in other areas.It is simply known as where one thing increases, another have to decrease. it often arise from limitations of a lot of source.
It is often called a tactical or strategic choice made with full knowledge of the advantages and disadvantages of each decision.
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A customer sells 1 abc jan 50 call and buys 1 abc feb 50 call. this is a:__________
a. calendar debit spread
b. calendar credit spread
c. vertical debit spread
d. vertical credit spread
Answers
The customer who sells 1 ABC Jan 50 call and buys 1 ABC Feb 50 call would have formed an Option A. calendar debit spread.
In options trading, a calendar spread is a type of strategy that involves buying and selling two contracts of the same underlying security but with different expiration dates. The difference between the premiums paid and received, as well as the strike price, determines the net debit or credit on a calendar spread. The net debit spread is a type of calendar spread where the option bought in the later expiration month costs more than the option sold in the earlier expiration month, leading to a net debit or outflow of money from the account. If the opposite happens, the spread becomes a net credit spread, with cash flowing into the account.
A call calendar spread involves selling a call option with a nearby expiration date and a strike price equal to the asset's current price. A call option with a longer expiration date is then purchased but with the same strike price. This strategy can be used when the investor believes the price will be constant, or the rate of increase will be slow, between the two expiration dates, resulting in a profit from the decay of the near-term call and the rise in the longer-term call value.
ABC Jan 50 call and ABC Feb 50 call are options on the same underlying asset with different expiration dates. As a result, this strategy is known as a calendar debit spread because the January call option's selling price is less than the February call option's buying price, resulting in a debit from the customer's account. Therefore, the correct option is A.
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Question 13 Which of the following scenarios depicts intellectual stimulation? O Jane knows her team well, and assigns work based on their different skills and experience levels O Jane's team knows sh
Answers
Intellectual stimulation is described as the practice of encouraging creative thinking and creative problem-solving abilities among the members of a team by challenging and stretching them beyond their current skill level.
Jane's team receives assignments that demand them to learn new skills, technologies and explore fresh ideas and opportunities. A scenario in which employees are encouraged to develop their creativity, critical thinking, and problem-solving abilities is called intellectual stimulation. Intellectual stimulation is frequently used in the business setting to motivate and engage personnel, as well as to encourage a culture of innovation.
By doing so, the team members are empowered and stimulated, allowing them to develop their critical thinking, creativity, and problem-solving skills, which can help them in future job endeavors. In conclusion, intellectual stimulation is necessary to encourage employees to work hard and continuously improve their abilities while also being creative and innovative.
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PLS HELP take a look at the picture and lmk which one the answer is
Answers
Both provide jobs in the community
Both contribute to innovation through competition
what's the language spoken in Egypt?
Answers
Answer:
Modern Standard Arabic
Explanation:
Answer:
Arabic thats the language of egypt because most them are Islamic
Sherita, age 37, wants to pay no more than $750 a year in life insurance. If the annual life insurance premium rate (per $1000 of face value) is $3. 96, what is the largest 15-year term policy she can buy without spending more than $750 annually? a. $189,000 b. $109,890 c. $203,252 d. $276,750 Please select the best answer from the choices provided A B C D.
Answers
The largest 15-year term policy Sherita can buy without spending more than $750 annually is $189,000.
To calculate the largest term policy Sherita can buy, we need to determine the maximum annual premium she can afford and then divide it by the annual premium rate per $1000 of face value. Sherita wants to pay no more than $750 annually, and the annual premium rate is $3.96 per $1000 of face value.
First, we calculate the maximum face value Sherita can afford by dividing her maximum annual premium by the annual premium rate per $1000: $750 / $3.96 = $189.39.
Since the face value is typically rounded down to the nearest thousand, the largest 15-year term policy Sherita can buy without spending more than $750 annually is $189,000 (option a).
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Modify the payroll system of Figs. 10.4-10.9 to include an additional Employee subclass Pieceworker that represents an employee whose pay is based on the number of pieces of merchandise produced.
Class Pieceworker should contain private instance variables wage (to store the employee's wage per piece) and pieces (to store the number of pieces produced).
Provide a concrete implementation of method earnings in class Pieceworker that calculates the employee's earnings by multiplying the number of pieces produced by the wage per piece.
Create an array of Employee variables to store references to objects of each concrete class in the new Employee hierarchy. For each Employee, display its string representation and earnings.
Answers
We then create an array of `Pieceworker` objects to store references to objects of each concrete class in the new Employee hierarchy. For each `Pieceworker` object, we override the `calculateEarnings()` method to calculate the employee's earnings by multiplying the number of pieces produced by the wage per piece.
Here's an example implementation of the modified payroll system:
public class Employee {
private String name;
private double salary;
public Employee(String name, double salary) {
this.name = name;
this.salary = salary;
}
public String getName() {
return name;
}
public double getSalary() {
return salary;
}
public void setSalary(double salary) {
this.salary = salary;
}
public double calculateEarnings() {
return salary;
}
}
public class Pieceworker extends Employee {
private double wage;
private int pieces;
public Pieceworker(String name, double wage, int pieces) {
super(name, calculateEarnings());
this.wage = wage;
this.pieces = pieces;
}
public double getWage() {
return wage;
}
public void setWage(double wage) {
this.wage = wage;
}
public int getPieces() {
return pieces;
}
public void setPieces(int pieces) {
this.pieces = pieces;
}
public double calculateEarnings() {
return pieces * wage;
}
}
public class Worker[] = {
new Pieceworker("Alice", 10.0, 500),
new Pieceworker("Bob", 12.0, 1000),
new Pieceworker("Charlie", 15.0, 2000),
new Employee("Dave", 20.0),
new Employee("Eve", 25.0),
new Employee("Frank", 30.0),
new Employee("Grace", 35.0),
new Employee("Hannah", 40.0)
};
for (Worker worker : Worker) {
System.out.println(worker.getName() + ": " + worker.getSalary() + " salary");
System.out.println(worker.getPieces() + " pieces produced");
System.out.println(worker.calculateEarnings() + " earnings");
}
In this implementation, we add a new `Pieceworker` subclass to the existing `Employee` class hierarchy. The `Pieceworker` class represents an employee whose pay is based on the number of pieces of merchandise produced. It contains private instance variables `wage` and `pieces` to store the employee's wage per piece and the number of pieces produced, respectively. Finally, we iterate over the array of `Pieceworker` objects and display their string representation and earnings using `System.out.println()`.
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What is moral myopia? Why do you think an advertising professional might experience this phenomenon?
Answers
Answer: See Explanation
Explanation:
Moral myopia occurs when someone is unable to clearly see ethical issues. In this case, people decide not to say anything even though they see the unethical behavior of others.
An advertising professional might experience moral myopia in the sense that such person looks away when he or she sees an unethical act because of fear of losing his or her job and also because of fear of losing a customer.
though amy knows little about cars, she can guess that a car that sells for $20,000 is valued roughly twice as much as a car that sells for $10,000. which function of money allows this comparison? multiple choice question. unit of account line of credit store of value means of payment
Answers
Amy knows little about cars, but she can guess that a car that sells for \($20,000\) is valued roughly twice as much as a car that sells for \($10,000\).
The function of money that allows this comparison is Unit of Account.A unit of account, also referred to as a "measure of value," is a function of money that allows people to make comparisons between goods and services. It serves as a monetary yardstick for and comparing the values of various goods and services.
Unit of account aids in the pricing of goods and services, allowing for comparisons of value across markets. For example, if an item costs \($10\) in one market and 15 in another, the unit of account function of money helps customers to determine that the 10 item is the better deal.
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List your personal and professional goals and create an individual career plan. Your plan should have specific milestones and achievements and should span 10 years.
can someone help me I want to go into the Navy or be a Tattoo artist and I can't think of anything for this.
30 POINTS!!
Answers
Explanation:
Setting specific, measurable career development goals can help you get to the next level in your career. While developing a career plan can entail a significant amount of work, it will pay off in helping you to understand where you want to go with your career next and what you need to do to get there.
Creating and implementing an employee career development plan allows you to feel motivated at work, even if you haven’t found your dream job just yet, because it helps you to make concrete plans to get there.
Here, we define a career development plan template and outline five steps to easily and efficiently make an individual development plan for yourself.
Who first identified cyclical patterns in the economy and created what is often referred to as ""the business cycle""?.
Answers
Answer:
Clemente Juglar.
Explanation:
Eli is buying a townhouse that costs $276,650. He has $28,000 in savings and earns $4,475 a month. Eli would like to spend no more than 30% of his income on his mortgage payment. Which loan option would you recommend to Eli? a. 30 year FHA, 3. 5% down at a fixed rate of 6. 5% b. 30 year fixed, 5% down at a fixed rate of 6. 25% c. 30 year fixed, 6. 5% down at a fixed rate of 5. 75% d. 30 year fixed, 10% down at a fixed rate of 5%.
Answers
The loan option which I would recommend to Eli is which there are 30 years fixed, 10% down at a fixed rate of 5%.
What is the interest rate?The quotient of a loan, that is charged as interest to the receiver, is typically expressed as an annual percentage of the loan outstanding.
Given data are:
Cost of buying a townhouse = $276,650
Savings = $28,000
Earns per month = $4,475
computation:When we take 10% down, fix rate than a cover for the down payment is:
cover for the down payment :
\(\text{Cover for the down payment}=\text{10\%}\times\text{Cost of House}\\\\\text{Cover for the down payment}=\dfrac{10}{100} \times\$276,650\\\\\text{Cover for the down payment}=\$27,665.\)
And, here monthly income is $4,475
So, the mortgage will be :
\(\text{Mortgage}=30\%\times\$4,475\\\\\text{Mortgage}= \$1,342.50.\)
So, by the balance of the mortgage is:
\(\$276,650 - \$27,665= \$248,985.\)
Hence, the total monthly repayment is:
Total monthly repayment:
\(\$248,985\times\dfrac{0.05}{12}+\dfrac{348985}{30\times12}\\\\=\$1729.08.\)
Therefore, option D is correct.
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An international business is a firm that
Part 2
A. hires non-U.S. citizens.
B. produces a wide range of products.
C. is not from the United States.
D. engages in international trade or investment.
Answers
Option D: An international business is a firm that engages in international trade or investment.
Therefore, the correct answer is option D. An international business is a company that conducts business across national borders. This can include importing and exporting goods, investing in foreign markets, and operating in multiple countries.
It is not necessarily defined by the nationality of its employees, the range of products it produces, or the country in which it is headquartered. International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale. It involves cross-border transactions of goods and services between two or more countries.
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what is referred to a process that involves developed action plan that leads to achieving specific goals
Answers
Answer:
The appropriate approach is "Developing strategic plan ".
Explanation:
Knowing what it does and reevaluating it to ensure that it is the leading northern star for certain activities seems to be the secret to creating a successful strategic planning strategy. This strategy includes defining the intent, strategies, and procedures of an organization which would be used to achieve those objectives. As such, this strategy seems to be an important aspect of the operation of an organization, even though it is necessary to undertake the process of designing the schedule with serious thought and thoroughness.Goal setting is the process which involves developed action plan.
Let understand that "Goal setting "involves drawing an action plan in order to motivate and guide a person or group toward a goal.
Setting a deadline for a goal create a schedule to achieve the particular goal.
Some benefit of goal setting in an organisation includes:
Goals provides Motivation because energy are directed for accomplishment of the task.Its provides a dedicated direction for the company.Goal setting result to sense of personal satisfaction.Its bring forth clear focus on what is important.Its brings Clarity in Decision Making in a company.New goals become part of an organisation purpose of existence.Learn more about Goal setting here
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Sam is recently divorced. He and his ex-wife share custody of their 8-year-old daughter. How can Sam ensure that his credit score is unaffected by this situation? (5 points)
By purchasing adult dependent's care credit
By declaring bankruptcy
By honoring child support responsibilities
By increasing health insurance coverage
Answers
Answer:
By honoring child support responsibilities
Explanation:
A credit score communicates a person's reliability in paying debts. The credit score ranges from 300 to 850. The higher the score, the better for an individual. Obtaining a high score requires one to be responsible in the use of credit facilities. One has to be disciplined and prompt in meeting their obligations. In other words, one has to have a good credit history.
Obligations include debts and court-imposed payments such as child support. If Sam makes timely and full child support payments, his credit history will not reflect any misses payments. His credit score will not be affected in any way.
Answer:
c) by honoring child support responsibilities
Explanation:
just got this right
1.Which agency enforces food safety in a restaurant or foodservice operation?
A Centers for Disease Control and Prevention
B Food and Drug Administration
C State or local regulatory authority
DU.S. Department of Agriculture
Answers
The agency enforces food safety in a restaurant or foodservice operation is State or local regulatory authority.
When it comes to ensuring food safety in restaurants or foodservice operations, the responsibility lies with the State or local regulatory authority. This authority can vary depending on the specific region or country. In the United States, for example, the primary agency responsible for enforcing food safety regulations is the local health department or equivalent regulatory authority.
State or local regulatory authorities have the power to inspect food establishments, such as restaurants, cafes, and food trucks, to ensure they comply with health and safety standards. These authorities set regulations regarding food handling, storage, preparation, and hygiene practices. They conduct regular inspections, investigate complaints, and enforce penalties or closures if violations are found.
While other agencies like the Centers for Disease Control and Prevention (CDC), Food and Drug Administration (FDA), and the U.S. Department of Agriculture (USDA) play crucial roles in overall food safety, their primary focus may differ. The CDC primarily focuses on disease surveillance and prevention, the FDA focuses on food product safety and labeling, and the USDA focuses on the safety of meat, poultry, and egg products.
Hence the correct option is (c).
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What are the three basic functions of money ?
Answers
Answer: Money has three primary functions. It is a medium of exchange, a unit of account, and a store of value: Medium of Exchange: When money is used to intermediate the exchange of goods and services, it is performing a function as a medium of exchange.
The three basic functions of money are store of value, unit of account, and medium of exchange.
What is money?The exchange of commodities and services is referred to as "money." The currency is the country's currency. Different countries use various currencies. Money is typically represented by paper notes and coins. When compared to the batter system, money is more convenient.
There are the three basic money functions such as medium of exchange to currency, it was the paper note into the monetary term. Money was the basic purpose of the buying and selling. It was the easily to the store and spend on as per the conveniently.
As a result, the significance of the three basic functions of money are the aforementioned.
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the sales budget might include revisions to prior year's sales quantities for all of the following except a.productive capacity. b.planned advertising and promotion. c.projected pricing changes. d.expected industry and general economic conditions.
Answers
The sales budget might include revisions to prior year's sales quantities for all of the following except productive capacity.
Option A is correct.
Sales Budgets:A sales budget is actually a financial plan that calculates a company's total revenue in a given time period. It focuses on two things the number of products sold and the price at which the products are sold and to analyse how the company will perform.
What are the advantages of sales budget?The sales budget allows the managers to assess the resources which are needed, and the price of those resources in order for them to achieve the goals of the company . If your sales budget has decreased from the previous year, managers and team leaders must figure out how to used the resource conveniently to accomplish the desired targets.
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1)If a 10% increase in price leads to a 40% decrease in quantity demanded, what is the value of price elasticity of demand? Show your work.
2)Which of the following will cause the demand for a good or service inelastic?
Having few substitutes
A longer time period
Being a luxury
Being a large share of the consumer's budget
3)If the price elasticity of demand is equal to 0.5, is demand elastic, inelastic, or unitary elastic?
4)Will a perfectly elastic supply curve be vertical, horizontal, or upward-sloping?
5)What price elasticity of supply will lead to a smaller increase in quantity when price changes— elastic, inelastic, or unitary elastic?
Answers
1. Price elasticity of demand measure the responsiveness of quantity demanded given a change in price.
Formula, (-) % change in quality demanded / % change in price
= (-) -40% / 10%
= 4
Hence, price elasticity of demand = 4.
2. Correct answer is having few substitutes .
3. If the price elasticity of demand is equal to 0.5, demand is inelastic.
If price elasticity > 1, situation is elastic demand.
If price elasticity = 1, situation is unitary elastic demand.
4. Perfectly supply curve will be horizontal.
5. An inelastic demand or supply curve is one wherein a given percent exchange in charge will cause a smaller percent alternate in amount demanded or provided. Unitary elasticity way that a given percent trade in fee results in an same percent trade in amount demanded or supplied.
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What type of loan uses real estate for security?
A point of sale
A line of credit
. A disclaimer (it’s not disclaimer)
A second mortgage
Answers
Answer:
A second mortgage loan uses real estate for security
What is Marketing and why is it important in a global economy? How do you interact with and are
affected by marketing daily?
Please I need help!!!
Answers
Answer:
Marketing is promoting and selling products or services, including market research and advertising. This is important to the economy because it promotes different businesses and people to buy their products/services. It also supplies more jobs in general throughout the economy. People are affected by marketing all the time! From seeing a commercial on TV to the radio to an add on Instagram, it influences our opinions, beliefs, and our everyday decisions.