Answers
The correct option is (b)combinations that fall beyond the budget line. A budget line is a graphical representation of the maximum amount of two goods that a consumer can afford, given his/her income and the prices of the goods.
The line is plotted on a two-dimensional graph, with one good on the x-axis and the other good on the y-axis. The budget line is a straight line that starts from the origin and slopes upward, representing the trade-off between the two goods. Combinations that fall on the budget line represent the attainable choices for the consumer, given his/her budget constraints. These combinations represent the maximum amount of the two goods that the consumer can purchase with their income. Combinations that fall inside the budget line are unattainable as they would require the consumer to spend less than their income, while combinations that fall beyond the budget line are unattainable as they would require the consumer to spend more than their income. Therefore, only the combinations that fall on the budget line are attainable given the consumer's budget constraints.
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The combinations that are unattainable given a consumer's budget line are those that fall beyond the budget line. These are the consumption levels that the consumer cannot afford with his or her current income and the prices of the goods.
Explanation:In the context of consumer theory in economics, a consumer's budget line represents all potential combinations of two goods that can be purchased at given prices and income. Thus, the combinations that are unattainable given a consumer's budget line are those that fall beyond the budget line. These combinations represent levels of consumption that the consumer cannot afford with his or her current income and the prices of the goods. Combinations that intersect either of the axes, fall on the budget line, or fall inside the budget line are all affordable and therefore attainable for the consumer.
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Related Questions
You are risk managers of your own life (student life). Identify your loss exposures (>10), assess them and make a map
Answers
Economic Stimulus Act of 2008
Explanation for the reason for Economic Stimulus Act of 2008. What are the main causes of the legislation. What occurred in the economy to prompt the government to pass or enact such legislation or act?
Answers
Answer:
The Economic Stimulus Act of 2008 was a United States federal law enacted on February 13, 2008, to provide economic relief amid the Great Recession. The act provided tax rebates to individuals and tax incentives for businesses. It also increased the limits on mortgages eligible for purchase by government-sponsored enterprises (GSEs) such as Fannie Mae and Freddie Mac. The total cost of the act was projected at $152 billion for 2008.
The main causes of the legislation were:
The subprime mortgage crisis, which began in 2007, led to a decline in housing prices and a rise in foreclosures. This had a negative impact on the economy, as it led to a decrease in consumer spending and investment.The financial crisis of 2008, which began in September 2008, led to a collapse of the GSEs and a severe tightening of credit markets. This made it difficult for businesses to borrow money, which further slowed economic growth.The government enacted the Economic Stimulus Act of 2008 in an attempt to:
Boost consumer spending and investment, which would help to create jobs and stimulate economic growth.Prevent the financial crisis from worsening, which would have had a devastating impact on the economy.The act was controversial, with some economists arguing that it was not large enough to have a significant impact on the economy. However, the act did provide some relief to individuals and businesses, and it is generally credited with helping to prevent the Great Recession from becoming even worse.
What is the purpose of a report?
Answers
Answer:
A. To display data returned from a query in a specially formatted way.
Company: Apple Inc.
Questions:
1. Provide a brief history of the company.
2. What is the company’s mission statement? What are the company’s goals?
3. What is the company’s general environment? What is the company’s task environment? What is the company’s internal environment?
4. How does the company handle corporate social responsibility?
5. Complete a SWOT Analysis for the company.
6. What is the company’s generic strategy (Cost Leadership, Differentiation, Focus)? Does the product life cycle strategy pertain to them? If so, give an example.
7. What is the company’s perspective on diversification (Single-Product, Related, or Unrelated) of their business? If applicable, complete a BCG Matrix for the company.
8. What are some examples of programmed decisions the company makes? What are some examples of non-programmed decisions the company makes?
9. What is the organization’s structure (basic form of an organization)? Do they utilize job specialization, enlargement, or enrichment? If so, how?
10. How do they handle HR issues, such as employee compensation, hiring, etc.?
PLEASE ANSWER FULLY AND PROVIDE THE SOURCES OF WHERE YOU GOT THE INFO FROM IN MLA OR APA FORMAT
Answers
Steve Jobs, Steve Wozniak, and Ronald Wayne established Apple Inc. in Cupertino, California on April 1, 1976. The corporation initially concentrated on producing personal computers, such as the Apple II and the Macintosh.
What are low entry barriers and competitiveness?Examples of low entry barriers include the necessity to have customers convert to a new brand without a lot of work or pain. Another example is the need to build a brand in a small market with little competition.
Why are entrance barriers so low?High exit barriers make markets unstable and incapable of self-regulation, which causes significant long-term fluctuations in profit margins. Because these markets are self-regulatory and stable, profit margins do not change much over time.
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Which of the following would most likely characterize a nation with a low degree of economic freedom?A) low government interventionB) protected property rightsC) strict trade policiesD) low tariffs
Answers
Low economic freedom would presumably be shown by the low tariffs in a country.
What level of economic freedom is there?An estimate of economic freedom compares different jurisdictions based on factors like trade openness, tax load, judicial efficacy, and more. These elements could be combined into a single number that facilitates ranking by weighting them in accordance with their impact on economic freedom.
What results in less economic liberty?Governments restrict economic freedom when they replace personal decision, voluntary exchange, and marketplace coordination with taxes, government spending, and restrictions. Economic freedom is also reduced by restrictions on admission into vocations and commercial activities.
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Star Corp. has a rate of return on assets of 10% and a debt/equity ratio of 2 to 1 before entering into an operating lease. Not including any indirect effects on earnings, when Star Corp. records the operating lease, the immediate impact on these ratios is a(an):
Answers
Answer:
The return on assets and debt/equity ratio does not change
Explanation:
An operating lease does not affect assets and liabilities. From the formula:
Equity = Assets - Liabilities, since both assets and liabilities are not affected (they remain unchanged) therefore the equity is also the same.
The debt/ equity ratio = total liabilities/total equity. Since liabilities and equity remain unchanged, therefore The debt/ equity ratio is the same.
Also the return of assets (earnings/assets) remain the same
Justify the role of ethics in the workplace
Answers
The role of ethics in the workplace is leads to satisfied workers who look forward to going to work rather than viewing it as a burden.
What do you understand by the role of ethics?Ethics can be thought of as the rules that direct our behaviour so that we make the best decisions for the benefit of everybody. In order to tell the truth, maintain our word, or assist a stranger in need, we must follow ethical principles.
A company that implements a workplace ethics programme aligns employee behavior. This encourages transparency, collaboration, and trust as a result. Additionally, workers perform better at their professions when they are aware of the expectations of their superiors.
Integrity is among the most crucial working ethics. Additionally, employees grow to feel attached to and devoted to the company.
Therefore, the role of ethics in the workplace is leads to satisfied workers who look forward to going to work rather than viewing it as a burden.
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Which function of marketing stimulates sales, encourages customer loyalty, and communicates methods of payment?
Answers
One key function of marketing that stimulates sales, encourages customer loyalty, and communicates methods of payment is promotion.
Promotion is an integral part of the marketing mix and involves various activities aimed at creating awareness, generating interest, and influencing customers' purchasing decisions.
Through promotional strategies such as advertising, sales promotions, public relations, and direct marketing, businesses can effectively communicate the benefits and value of their products or services to the target audience. This creates a sense of urgency and drives sales by enticing customers to make a purchase.
Moreover, promotions can be designed to foster customer loyalty by offering exclusive discounts, rewards, or loyalty programs. These initiatives not only incentivize repeat purchases but also enhance the overall customer experience, fostering long-term relationships with the brand.
Additionally, promotions often include clear messaging about different methods of payment accepted by the business. By communicating convenient and flexible payment options, such as credit cards, online payments, or installment plans, customers feel empowered and informed about how to complete their transactions.
In summary, promotion plays a vital role in stimulating sales, cultivating customer loyalty, and effectively communicating methods of payment, thereby contributing to the overall success of a marketing strategy.
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Workers over forty tend to be motivated by intrinsic motivators.
True
False
Answers
Answer: true
Explanation:
i sorta just guessed
Excel does not allow you to copy and paste formulas with AutoFill. true or false
Answers
Answer:
True
Explanation:
In excel, after entering a formula in a cell if we drag the cursor through the horizontal cells (row) or the vertical cells (columns), the formula is copied itself with the help of fill handle
Hence, the given statement is true
the necessity of marketing and advertising for any business
Answers
Answer:
Marketing is important because it helps you sell your products or services, by advertising your business you are showing more people about it
Explanation:
Select the correct point on the graph. Which point on the graph indicates the lowest quantity supplied of goods? 9.00 8.00 Price per Pound 7.00 6.00 5.00 4.00 3.00 2.00 supply Curve 1,000 2,000 3,000 4,000 5,000 6,000 7.000 Quantity in Pounds
Answers
Answer:
It would be A
Explanation:
the right location on the graph. Which point on the graph represents the lowest number of items supplied It is 9.00 8.00 Price per Pound. As a result, choice (A) is the right one.
What is meant by supply Curve?In economics, supply refers to the quantity of a resource that businesses, producers, workers, suppliers of financial assets, or other economic agents are willing and able to offer to the market or to a specific person. Supply can refer to manufactured items, labor hours, raw resources, or any other limited-supply or high-value item.
Supply is frequently represented graphically as a supply curve, with the price per unit on the vertical axis and the amount delivered as a function of price on the horizontal axis. This undesirable yet common practice involves flipping the independent and dependent variables from their regular positions.
The supply curve might represent a single seller or the market as a whole, totaling the quantity given by every vendor.
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Which of the followWhich of the following actions do not cause an impropriety in job costing?
Choosing an allocation method based on the results rather than choosing the method based on resource usage.
Misstating the stage of completion.
Choosing to use normal costing rather than actual costing.
Charging costs to the wrong job.
ing actions do not cause an impropriety in job costing?
Answers
Answer:
Choosing to use normal costing rather than actual costing.
Explanation:
The choice between normal costing and actual costing is not an ethical issue.
Dividends Per Share
Sandpiper Company has 30,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $25 par common stock. The following amounts were distributed as dividends:
20Y1 $75,000
20Y2 24,000
20Y3 90,000
Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter '0'.
Answers
The dividends per share for preferred stock for years 20Y1, 20Y2, and 20Y3 are $2.50, $0.80, and $3.00, respectively. The dividends per share for common stock for the same years are $1.50, $0.48, and $1.80, respectively.
To determine the dividends per share for preferred and common stock for each year, we need to divide the total dividend amount by the number of shares for each type of stock.
Preferred Stock:
The preferred stock has a 1% dividend rate and a par value of $100 per share. There are 30,000 shares of cumulative preferred stock.
Year 20Y1:
Dividend per share for preferred stock = Dividend amount / Number of preferred shares
Dividend per share for preferred stock = $75,000 / 30,000
Dividend per share for preferred stock = $2.50
Year 20Y2:
Dividend per share for preferred stock = $24,000 / 30,000
Dividend per share for preferred stock = $0.80
Year 20Y3:
Dividend per share for preferred stock = $90,000 / 30,000
Dividend per share for preferred stock = $3.00
Common Stock:
The common stock has a par value of $25 per share. There are 50,000 shares of common stock.
Year 20Y1:
Dividend per share for common stock = Dividend amount / Number of common shares
Dividend per share for common stock = $75,000 / 50,000
Dividend per share for common stock = $1.50
Year 20Y2:
Dividend per share for common stock = $24,000 / 50,000
Dividend per share for common stock = $0.48
Year 20Y3:
Dividend per share for common stock = $90,000 / 50,000
Dividend per share for common stock = $1.80
In summary, the dividends per share for preferred stock for years 20Y1, 20Y2, and 20Y3 are $2.50, $0.80, and $3.00, respectively. The dividends per share for common stock for the same years are $1.50, $0.48, and $1.80, respectively.
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Seniority is a key issue for Unions and applies to many articles in a Collective Agreement (e.g. vacation preference, job security, promotions, wage progression).
Therefore, what should Unions be doing to encourage "youth membership" or is that a lost cause?
Answers
Actions that Unions most take to encourage "youth membership" in the Labor unions are:
encouragement of youthssocial sensitization of the unionsspecial structure for youths etcWhat is Seniority in Union?An Union seniority refers to the length of time that a particular worker has been a union member working in a union job.
Most time, the Labor unions have a seniority systems in place that give a variety of special benefits to members based upon seniority, hence, the seniority systems can increase worker loyalty to their jobs.
All these above factors contributes to the decline of youth membership in the labor union because the youth have less to gain from the memberships.
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Goal setting is a valuable tool for improving your own performance and managing that of your subordinates.
a. True
b. False
Answers
Customer objections can be categorized as relating to
Group of answer choices
timing and sequence.
need and sequence.
source and pitch.
product and price.
Answers
Customer objections can be categorized as relating to: product and price.
What are customer objections?Customer objections are those concerns that a customer has that can make them hesitate on purchasing a product. Often such objections relate to the product and, or its price.
When the customer senses that something is wrong with the product, or it is simply what they do not need at that time, they often tend to draw back from purchasing the product. So, when broadly categorized, we can say that customer objections can stem from the product and its price. Sellers should ensure that their products are in the best conditions.
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Which of the following is not an advantage cost plus pricing
Answers
It leads to profit maximization is not an advantage of cost plus pricing.
What is Profit maximization?Profit maximization is a short- or long-term technique that helps businesses choose the prices, input levels, and output levels that will provide the most profit overall.
Businesses go through the procedure of profit maximization to ensure that the ideal levels of productivity and pricing are attained in order to maximize their profits. In order to meet its profit goals, the corporation alters crucial factors including sale price, cost of production, and value of output. Businesses must reduce costs if they want to increase earnings. Simply said, cost reduction refers to a company's ability to maximize production or provide a particular outcome with the fewest resources feasible.
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Advise business on the role of intermediaries in the distribution process.
Answers
Here are some key advantages of intermediaries:
Market Reach
Efficiency and Expertise
Cost Savings
Market Information
Risk Management
Intermediaries play a crucial role in the distribution process of a business. They act as a link between producers and consumers, facilitating the movement of goods and services from the point of production to the point of consumption. Here are some key advantages of intermediaries:
Market Reach: Intermediaries, such as wholesalers, retailers, and distributors, have established networks and access to a wide customer base. They can help businesses reach a larger market and expand their customer reach.
Efficiency and Expertise: Intermediaries specialize in distribution activities, including logistics, warehousing, transportation, and marketing. They possess knowledge and expertise in these areas, allowing businesses to benefit from their efficiency and experience.
Cost Savings: By utilizing intermediaries, businesses can reduce their own costs associated with storage, transportation, and marketing. Intermediaries often benefit from economies of scale, allowing them to provide cost-effective solutions.
Market Information: Intermediaries are in direct contact with customers and have valuable insights into market trends, consumer preferences, and competitor activities. They can provide businesses with market intelligence that helps in strategic decision-making.
Risk Management: Intermediaries can help businesses mitigate risks associated with distribution, such as inventory management, payment collection, and product returns. They assume some of the risks and provide financial and logistical support.
However, businesses should carefully select and manage their intermediaries to ensure alignment with their objectives and maintain control over their brand and customer relationships. Regular evaluation and communication with intermediaries are essential to optimize the distribution process and achieve business goals.
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Match the job with an education course that would aid proficiency
Produce broker
Human resource professional
Agricultural inspector
_________________
Basic of workers compensation
Evaluation of dairy products
Public sector economics
Answers
Answer:
Produce broker- Public sector economics
Human resource professional- Basic of workers compensation
Agricultural inspector- Evaluation of dairy products
Explanation:
Lifelong professional development often involves enrolment and participation in educational courses that are relevant to one's career.
In the answer above, certain educational courses have been matched against professions in which those courses would aid proficiency.
For instance, a human resource professional must undertake a basic course in which he/she should be taught the basics of workers compensation.
Consider the following BPMN diagram:
Answers
If we look at the process model, we can see that Task A is the first task and must always be completed in order for the model to be run. Further observation reveals that because an exclusive gateway is employed, any of the two jobs, B and C, is carried out individually rather than simultaneously. As we continue to move through the BPMN diagram, we see that task M is the conversing task and is therefore always run along with a networks message flow from it to task F, which is done as soon as a message is received in pool 2 and finishes.
An item of networking hardware or software called a gateway is used in telecommunications networks to allow data to go from one distinct network to another.
The way that gateway differ from routers and switches is that they can join various networks using more than one protocol to communicate and that they can function at any of the seven OSI levels.
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Numbers-based evidence relies on data, but intuition is based on __________?
reasoning
luck
statistics
serendipity
Answers
What is the term used to describe the total amount of money produced by
the sele of goods and services.
Answers
GP is the amount of money made by good and services inside of country
How would implementing the cost-volume-profit analysis benefit a company? As a manager, which income statement format do you find more useful - the traditional financial accounting method or the contribution margin method? Why?
Answers
It provides insights into the relationship between sales volume, costs, and profitability, helping managers make informed decisions about pricing, production levels, and cost management.
CVP analysis allows managers to determine the breakeven point, the level of sales needed to cover all costs, and to assess the impact of changes in sales volume, costs, or prices on the company's profitability. This analysis can guide strategic planning, budgeting, and resource allocation.
As a manager, I find the contribution margin method of income statement format more useful than the traditional financial accounting method. The contribution margin method separates costs into fixed and variable components, allowing for a clearer understanding of how changes in sales volume affect profitability.
It highlights the contribution margin ratio, which indicates the proportion of each sales dollar available to cover fixed costs and contribute to profits.
This format enables managers to analyze cost behavior, identify cost-saving opportunities, and evaluate the financial impact of different sales scenarios. It provides a more focused view of the underlying profitability drivers and aids in decision-making related to pricing, product mix, and cost control.
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Raymond is a saver and he has deposited $5,019 in a savings account that pays 8% interest rate per year. If Raymond keeps the
money in the account for 6 years, how much will the money be after 6 years? Round your answer to the nearest two decimal
place and remove the dollar sign.
Answers
Based on the amount Raymond deposited, the amount in the account at the end of 6 years will be $7,964.22.
The account will increase the amount by 8% every year.
In 6 years time, the account would have:
= Initial amount x ( 1 + rate) ^ number of years
= 5,019 x ( 1 + 8%) ⁶
= 7,964.522
= $7,964.52
In conclusion, the account would have $7,964.22.
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Volatile price changes, technological changes, and government intervention are what type of risks?
Answers
Volatile price changes, technological changes, and government intervention are external risks that can impact a company's operations and performance.
What are Volatile price changesVolatile price changes refer to fluctuations in input or product prices, which can affect profitability and cost structure. Technological changes can introduce advancements or disrupt an industry, requiring companies to adapt to avoid becoming obsolete.
Government intervention, through regulatory changes or policies, can create uncertainties and challenges for companies, affecting operations, costs, and market access.
To mitigate these risks, companies should implement risk management strategies such as diversification, contingency planning, staying informed about market trends, investing in R&D, and engaging with government stakeholders.
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goals
security
liquidity
interest
emergencies
save
The future value of today’s savings is measured by the______
_ earned on what was saved.
Answers
Answer:
interest
Explanation:
The correct option is - interest
Reason -
Future value is the value of an asset at a specific date.
It measures the nominal future sum of money that a given sum of money is "worth" at a specified time in the future assuming a certain interest rate, or more generally, rate of return.
Vera has a June credit card balance of $476.09. Her payment due date is June 27th, with a grace period of 5 days. If her payment is late, the credit card company charges a $30 late fee. Vera wants to pay the full amount to have a zero balance. How much should she pay if her online payment is processed on July 6th? $
Answers
Answer:
$506.09
Explanation:
Calculation for the amount she should pay if her online payment is processed on July 6th
Since we were told that Vera payment due date is June 27th in which she has a June credit card balance of the amount of $476.09 and a grace period of 5 days was given to her in a situation where Vera payment is late with a charges of the amount of $30 as late fee, this means that the if her online payment is been processed on July 6th and she want to pay the amount amount in full in order for her to have a zero balance she will have to pay the amount of $506.09 calculated as:
Amount to be paid=Credit card balance+Late fee charges
Amount to be paid= $476.09+$30
Amount to be paid=$506.09
Therefore the amount Vera should pay will be $506.09
Answer:
$506.09
Explanation:
Different compounding periods, are used for different types of investments. In order to properly compare investments or loans with different compounding periods, we need to put them on a common basis. In order to do this, you need to understand the difference between the nominal interest rate (INOM) and the effective annual rate (EAR). The _________ interest rate is quoted by borrowers and lenders, and it is also called the annual percentage rate (APR). If the compounding periods for different securities is the same, then you _______ use the APR for comparison. If the securities have different compounding periods, then the Iper must be used for comparison.
Answers
Answer:
*Nominal Interest Rate
*Can
*EAR
*Annual
*Higher
Explanation:
Here is the complete question;
Different compounding periods, are used for different types of investments. In order to properly compare investments or loans with different compounding periods, we need to put them on a common basis. In order to do this, you need to understand the difference between the nominal interest rate (INOM) and the effective annual rate (EAR). The__________ interest rate is quoted by borrowers and lenders, and it is also called the annual percentage rate (APR). If the compounding periods for different securities is the same, then you____________ use the APR for comparison. If the securities have different compounding periods, then the____________ must be used for comparison. Here, M is the number of compounding periods per year and INOM/M is equal to the periodic rate (IPER). If a loan or investment uses___________ compounding, then the nominal interest rate is also its effective annual rate. However, if compounding occurs more than once a year, EAR is___________ INOM. Quantitative Problem: Bank 1 lends funds at a nominal rate of 6% with payments to be made semiannually. Bank 2 requires payments to be made quarterly. If Bank 2 would like to charge the same effective annual rate as Bank 1, what nominal interest rate will they charge their customers? Round your answer to three decimal places. Do not round intermediate calculations.__________ %
Different compounding periods, are used for different types of investments. In order to properly compare investments or loans with different compounding periods, we need to put them on a common basis. In order to do this, you need to understand the difference between the nominal interest rate (INOM) and the effective annual rate (EAR). The____Nominal______ interest rate is quoted by borrowers and lenders, and it is also called the annual percentage rate (APR). If the compounding periods for different securities is the same, then you_____can_______ use the APR for comparison. If the securities have different compounding periods, then the_______EAR_____ must be used for comparison. Here, M is the number of compounding periods per year and INOM/M is equal to the periodic rate (IPER). If a loan or investment uses____annual______ compounding, then the nominal interest rate is also its effective annual rate. However, if compounding occurs more than once a year, EAR is______higher_____ INOM. Quantitative Problem: Bank 1 lends funds at a nominal rate of 6% with payments to be made semiannually. Bank 2 requires payments to be made quarterly. If Bank 2 would like to charge the same effective annual rate as Bank 1, what nominal interest rate will they charge their customers? Round your answer to three decimal places. Do not round intermediate calculations.__________ %
CALCULATION PART
what nominal interest rate will they charge their customers?
Effective annual rate= (1+nominal rate/n)^n -1)
n= compounding period
Effective annual rate=[(1+0.06/2)^2 -1]
[(1+0.06/2)^2 -1]
= (1+0.03)^2 -1
=1.0609-1
=0.0609
= 6.09%
They will charge it 6.09%
There are four quarter in a year which means n=4
Let the nominal rate = x
Using the effective annual rate formula
0.0609=[ (1+x/4)^4 -1]
0.0609+1= (1+x/4)^4
(1.0609)^1/4 = 1+x/4
1.01489= 1+x/4
1.01489-1= x/4
x= 0.01489×4
x= 0.05956×100
x= 5.956%
Hence, effective annual rate for the both banks is 6.09%
While nominal annual rate for bank2 is 5.956%
,
In the context of marketing management philosophies, a sales orientation aims at
Answers
Answer:
In the context of marketing management philosophies, a sales orientation aims at: Pushing manufacturers' products more aggressively to achieve high profits. A production orientation philosophy focuses on: Assessing the resources of a firm.