The marginal cost of making an extra loaf of bread is $5. The ratio of the change in total cost to the change in output volume is what is known as a company's marginal cost.
Sunk costs are expenses that cannot be recovered. The closest example of ideal competition in real life may be a typical farmers' market. Small producers charge relatively similar pricing for products that are almost equivalent. Marginal cost is computed as Direct Material plus Direct Labour plus Direct Expenses plus Variable Overheads. The expense incurred by a company to produce an additional unit of an item or service is known as the marginal cost. It is determined by multiplying the overall cost of manufacturing extra products by the overall number of extra units produced.
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The marginal cost of producing an additional loaf of bread in your bakery is $5. To calculate the marginal cost of producing an additional loaf of bread, we need to first calculate the variable cost of producing 100 additional loaves of bread.
Variable cost = Total cost - Fixed cost
Variable cost = $15,500 - $10,000
Variable cost = $5,500
Marginal cost = Variable cost / Additional units produced
Marginal cost = $5,500 / 100
Marginal cost = $55
Therefore, the marginal cost of producing an additional loaf of bread is $55.
To calculate the marginal cost of producing an additional loaf of bread in your bakery, you'll need to compare the total costs before and after producing the 100 additional loaves. Here's the step-by-step explanation:
1. Identify the initial total cost: $15,000.
2. Identify the new total cost after producing 100 additional loaves: $15,500.
3. Calculate the difference in total costs: $15,500 - $15,000 = $500.
4. Divide the difference in total costs by the number of additional loaves produced: $500 / 100 = $5.
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Which of the following is the correct order of organizational levels?
A. Operative employees, supervisors, middle managers, top management
B. Operative employees, middle managers, supervisors, top management
C. Middle managers, operative employees, supervisors, top management
D. Middle managers, supervisors, operative employees, top management
Answer:
A. Operative employees, supervisors, middle managers, top management
Explanation:
In an organizational hierarchy, top management is at the summit while operation workers are at the bottom. The organizational chart illustrates the order of seniority in a company.
The line manager or supervisors come after the operational workers. After the supervisors, the middle level follows, and top managers will be attop of the chart.
What kinds of things does a manufacturer produce?
Answer:
The question : What kinds of things does a manufacturer produce if rephrased is simply the same as asking what to produce.
The question : What kinds of things does a manufacturer produce if rephrased is simply the same as asking what to produce.The question of what to produce is one of the basic economic problems that confront any society.
The question : What kinds of things does a manufacturer produce if rephrased is simply the same as asking what to produce.The question of what to produce is one of the basic economic problems that confront any society. This problem arises mainly as a result of the fact that human wants are unlimited relative to the available resources .
The question : What kinds of things does a manufacturer produce if rephrased is simply the same as asking what to produce.The question of what to produce is one of the basic economic problems that confront any society. This problem arises mainly as a result of the fact that human wants are unlimited relative to the available resources . It is practically impossible to produce all human wants or needs hence the need for resource allocation in order to meet the pressing needs of people .
The question : What kinds of things does a manufacturer produce if rephrased is simply the same as asking what to produce.The question of what to produce is one of the basic economic problems that confront any society. This problem arises mainly as a result of the fact that human wants are unlimited relative to the available resources . It is practically impossible to produce all human wants or needs hence the need for resource allocation in order to meet the pressing needs of people .Some factors help to determine what to produce such factors are
The question : What kinds of things does a manufacturer produce if rephrased is simply the same as asking what to produce.The question of what to produce is one of the basic economic problems that confront any society. This problem arises mainly as a result of the fact that human wants are unlimited relative to the available resources . It is practically impossible to produce all human wants or needs hence the need for resource allocation in order to meet the pressing needs of people .Some factors help to determine what to produce such factors are The consumers' needsThe question : What kinds of things does a manufacturer produce if rephrased is simply the same as asking what to produce.The question of what to produce is one of the basic economic problems that confront any society. This problem arises mainly as a result of the fact that human wants are unlimited relative to the available resources . It is practically impossible to produce all human wants or needs hence the need for resource allocation in order to meet the pressing needs of people .Some factors help to determine what to produce such factors are The consumers' needsThe market demand The question : What kinds of things does a manufacturer produce if rephrased is simply the same as asking what to produce.The question of what to produce is one of the basic economic problems that confront any society. This problem arises mainly as a result of the fact that human wants are unlimited relative to the available resources . It is practically impossible to produce all human wants or needs hence the need for resource allocation in order to meet the pressing needs of people .Some factors help to determine what to produce such factors are The consumers' needsThe market demand The consumer income The question : What kinds of things does a manufacturer produce if rephrased is simply the same as asking what to produce.The question of what to produce is one of the basic economic problems that confront any society. This problem arises mainly as a result of the fact that human wants are unlimited relative to the available resources . It is practically impossible to produce all human wants or needs hence the need for resource allocation in order to meet the pressing needs of people .Some factors help to determine what to produce such factors are The consumers' needsThe market demand The consumer income The costs of production and many more.The question : What kinds of things does a manufacturer produce if rephrased is simply the same as asking what to produce.The question of what to produce is one of the basic economic problems that confront any society. This problem arises mainly as a result of the fact that human wants are unlimited relative to the available resources . It is practically impossible to produce all human wants or needs hence the need for resource allocation in order to meet the pressing needs of people .Some factors help to determine what to produce such factors are The consumers' needsThe market demand The consumer income The costs of production and many more.After all these factors have been considered , a manufacturer can now decide to make(produce) things such as automobiles , home appliances , foodstuffs and many more.
A manufacturer creates and produces tangible goods or products for commercial purposes.
A manufacturer is an entity or company involved in the production of goods on a large scale. Manufacturers transform raw materials, components, or parts into finished products through various processes such as assembly, fabrication, or refining.
They utilize machinery, equipment, and labor to convert inputs into tangible goods that meet market demands. Manufacturers are responsible for managing production lines, quality control, supply chain logistics, and often engage in research and development to innovate and improve their products.
They play a pivotal role in driving economic growth, job creation, and providing essential products across industries ranging from automotive to consumer electronics.
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Which of the following is a personal benefit of eaming a college degree?
A. You have more friends.
B. You are more likely to exercise.
C. You have a longer life expectancy.
D. You are more likely to vote for the right candidate.
Answer:
Option B !!!!! :))
Explanation:
Explain how savers would respond if the interest rate on savings accounts increased. Would they increase or decrease their amount of savings? What about borrowers? Would they increase or decrease their amount of borrowing if the interest rate on loans increased? Explain why.
Answer:
1. Savers increase their savings as interest rate increases
2. Borrowers decrease their borrowing as interest rate on loans increases
Explanation:
1.
Interest rates are a great determinant of what those who save money get on their deposits. When interest rate increases, people tend to save more so as to earn more interest on their deposits. So it encourages savings. Therefore as interest rate increases savers would increase their amount of savings.
2.
For borrowers, more interest rate on loan amount discourages borrowing. More interest rate means that they would have to pay back more money on the loan amount they borrowed. This implies a rise in the cost of borrowing. So the borrower decreases the amount of borrowing if interest rate on loan increases.
What is interest rate?
Interest rate is an amount charged by a lender to a borrower for any form of debt given, generally expressed as a percentage of the principal.
Interest rate to savers
Higher interest rate encourages savings. When interest rate increases, people tend to save more so as to earn more interest on their deposits.
The above means that savers will increase their amount in savings if the interest rate on savings accounts increases.
Interest rate to borrowers
Higher interest rate discourages lenders from borrowing more. More interest rate means that they would have to pay back more money on the loan amount they borrowed.
It therefore means that borrowers will decrease the amounts of borrowing if the interest rate on loans increases.
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1. What is the revised net operating income if unit sales increase by 12%? 2. What is the revised net operating income if the selling price decreases by $1.30 per unit and the number of units sold increases by 19%? 3. What is the revised net operating income if the selling price increases by $1.30 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 7%? 4. What is the revised net operating income if the selling price per unit increases by 20%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 13%?
Answer:
the information about the company's income statement is missing, so I looked for a similar question (see attached image):
current contribution margin per unit = $3
current sales volume = 44,000 units
fixed expenses = $46,000
1. What is the revised net operating income if unit sales increase by 12%?
[(44,000 x 1.12) x $3] - $46,000 = $101,8402. What is the revised net operating income if the selling price decreases by $1.30 per unit and the number of units sold increases by 19%?
[(44,000 x 1.19) x $1.70] - $46,000 = $43,012
3. What is the revised net operating income if the selling price increases by $1.30 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 7%?
[(44,000 x 0.93) x $4.30] - $52,000 = $123,9564. What is the revised net operating income if the selling price per unit increases by 20%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 13%?
[(44,000 x 0.87) x $4.60] - $46,000 = $130,088What is a trend in business
Consider a simple economy that produces two goods: cupcakes and oranges. The following table shows the prices and quantities of the goods over a three-year period.
Use the information from the preceding table to fill in the following table.
Answer:
Nominal GDP
= (Price of cupcakes in year * quantity of cupcakes in year) + (Price of oranges in year * quantity of oranges in year)
2018
= (2 * 125) + (3 * 155)
= $715
2019
= (4 * 135) + ( 3 * 210)
= $1,170
2020
= (2 * 125) + (3 * 165)
= $745
Real GDP using 2018 as base year:
= (Price of cupcakes in 2018 * quantity of cupcakes in year) + (Price of oranges in 2018 * quantity of oranges in year)
2018
= (2 * 125) + (3 * 155)
= $715
2019
= (2 * 135) + (3 * 210)
= $900
2020
= (2 * 125) + (3 * 165)
= $745
GDP Deflator
= Nominal GDP in year / Real GDP in year * 100
2018
= 715/715 * 100
= 100
2019
= 1,170 / 900
= 130
2020
= 745/745 * 100
= 100
what employee census data should sally gather to prepare for a benefits bid?
Sally should gather employee demographics, job info, compensation, benefits enrollment, dependents, work hours, election, termination data, and legal compliance info for a benefits bid.
To prepare for a benefits bid, Sally needs to compile a comprehensive employee census. This includes vital employee demographics, job specifics, compensation details, benefits enrollment data, and dependent information.
Equally important are work hours, retirement plan elections, and termination history. Sally should also ensure adherence to legal and regulatory requirements, such as Affordable Care Act (ACA) provisions.
Collecting this diverse data will enable a well-informed benefits bid that caters to the workforce's unique needs and aligns with industry standards and regulations.
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ARTICULATE THE MAJOR APPLICATIONS OF DEMAND AND SUPPLY TOOLS IN DIFFERENT TYPES OF MARKETS . REFERENCE SHOULD BE MADE TO ANY EMERGING ECONOMY OF YOUR CHOICE.
Answer:
Demand and supply are important tools for formulating an economy. The major role is played by demand and supply function in an economy. Demand and supply of a product decides the price for it.
Explanation:
Demand and Supply of a product is set in order to achieve equilibrium in an economy. If demand for a product is higher than its supply then it will create burden on its price and prices for the product will increase. If the supply for a product is high and demand is low then the prices will decline as customer will have sufficient supply to buy from and they will buy at lowest possible price.
Provide an example of the most complex project that you have been involved with (either professionally or personally). Using the knowledge from the Class Resources, evaluate the management of the project for time, scope and resources
Generic example of a complex project such as building a high-rise building in a densely populated urban area.
For time management, the project team would need to create a comprehensive timeline that includes every stage of the project, from planning and design to construction and finishing. The team would also need to consider potential delays such as weather conditions, equipment breakdowns, and labor issues. Regular monitoring and updates would be necessary to ensure the project stays on track.
For scope management, the project team would need to define the project scope and communicate it to all stakeholders. They would need to establish clear goals and objectives and ensure that all activities align with those goals. Changes to the scope should be managed through a formal change control process to avoid scope creep.
For resource management, the project team would need to consider the various resources required to complete the project, including manpower, equipment, materials, and funding. They would need to ensure that resources are allocated appropriately, and that there are sufficient resources available to meet project goals. Project budgeting and financial management would be crucial in ensuring that the project stays within budget.
In conclusion, managing a complex project such as building a high-rise building in a densely populated urban area would require comprehensive planning, monitoring, and control of time, scope, and resources to ensure successful project delivery.
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Select the word or phrase that accurately completes each sentence.
Pressing the Backspace key will delete the text on the .
Pressing the Delete key will delete the text on the .
Answer:
Pressing the backspace key will delete the text on the leftPressing the delete key will delete the text on the rightExplanation:
Have you seen Zack Snyder's Justice League on HBO Max?
Answer:
YES!
Explanation:
IT WAS AMAZING I WANT MORE DC FILMS LIKE THAG I DON'T CARE IF ITS ON HBO MAX I WANT MORE
When you buy something in a store, you typically say “thank you”, and the salesperson also says “thank you.” Why are you both grateful for the trade of your money for their stuff?
Answer:
its normally not called being grateful, its normally either habit, or awkwardness and social anxiety
Explanation:
Answer: The salesperson is grateful for the money because now they can buy their own stuff. you are grateful for trading your money for the thing you wanted because you wanted the thing and nowyou are happy with it.
Explanation:
im not sure if this is right because there was no multiple choice but i tried. Gl on ur assigment :)
Which of the following usually offers money market funds?
A. A credit card company
B. An investment company
C. A life insurance company
D. A finance company
E. A payday loan company
The best option that usually offers money market funds is an investment company. Option B
What is money market funds about?Money market funds are regularly advertised by venture companies. These companies pool reserves from person speculators and contribute them in short-term, low-risk money related rebellious such as Treasury bills, commercial paper, certificates of store, and other cash advertise rebellious.
The essential objective of money market funds is to supply speculators with a steady esteem of their venture whereas creating wage through intrigued installments. They are considered generally secure ventures due to the center on short-term, low-risk securities.
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four companies each have a credit term period of 30 days. based on each company’s net credit sales and average net accounts receivable for 2022, which company is having the most problem collecting their accounts receivable?
The company that is having the most problem collecting their accounts receivable is: Company 4.
Company 1
Accounts receivable turnover= $2.6 million/$198,000
Accounts receivable turnover= 13.13
Average collection period=365/13.13
Average collection period= 27.8 days
Company 2
Accounts receivable turnover=$150,000/$12,000
Accounts receivable turnover= 12.5
Average collection period=365/12.5
Average collection period= 29.2 days
Company 3
Accounts receivable turnover=$490,000/$27,000
Accounts receivable turnover= 18.15
Average collection period=365/18.15
Average collection period=20.11 days
Company 4
Accounts receivable turnover=$1.4 million/$153,000
Accounts receivable turnover= 9.15
Average collection period=365/9.15
Average collection period= 39.9 days
Based on the above calculation the company that is having the most problem collecting their accounts receivable is Company 4 reason been that Company 4 average collection period of 39.9 days is longer than their credit term period.
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what multiplication do you do to convert currency
Explanation:
you multiply by the exchange rate.
Using the terminology of statistical control, the variation outside the control limits on an X-bar or range chart
a. is viewed as uncontrollable.
b. is assumed to have been caused by special or assignable causes.
c. indicates that the system is probably out of control.
d. b and c.
e. all of the above.
The correct answer to the question is option D. If there is variation outside the control limits on an X-bar or range chart, it is assumed to have been caused by special or assignable causes.
This indicates that the system is probably out of control. These causes may be identified and addressed to bring the system back into statistical control. However, this variation is still viewed as uncontrollable in the sense that it is not part of the inherent variation of the system. Therefore, both b and c are correct statements.
It is important to monitor and analyze control charts regularly to detect any out-of-control conditions and take corrective action as necessary to maintain process stability and meet quality standards.
Using the terminology of statistical control, the variation outside the control limits on an X-bar or range chart is:
1. Analyze the data points on the chart.
2. Identify if any points fall outside the control limits.
3. If points are outside the control limits, it suggests the presence of special or assignable causes (option b).
4. This indicates that the system is probably out of control (option c).
5. So, the correct answer is a combination of options b and c, making option d the right choice.
In summary, when variation outside the control limits on an X-bar or range chart is observed, it is assumed to have been caused by special or assignable causes and indicates that the system is likely out of control. Therefore, the correct answer is option d (b and c).
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if the minimum wage is set above the equilibrium market wage, it group of answer choices does not affect the market equilibrium. is lower than firms are willing to pay for labor. is effective and reduces unemployment. increases unemployment.
When the minimum wage is set above the equilibrium market wage then it increases unemployment.
How can the minimum wage increase unemployment?When the minimum wage is set at such a point that it is above the equilibrium market wage, then there is a good chance that this can lead to increased unemployment in an industry, market, or nation.
The reason for this is simply that employers would not be willing to pay such a high minimum wage that it above the equilibrium market wage. They will therefore hire less workers than before, thereby meaning more people out of a job.
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NEED HELP URGENTLY, WILL GIVE BRAINLIEST
Los Angeles’s population has increased by 800,000 residents. Thirty years ago there was just one Burger King restaurant. Now, there are over 100 fast food restaurants for residents to choose from. How does this impact the supply of Burger Kings’s hamburgers?
A. Supply does not change
B. Increase in supply
C. Decrease in Supply
Answer:
D
Explanation:
Customers now have more restaurants available to choose from and decreases Burger Kings business
the following financial statements and additional information are reported. ikiban incorporated comparative balance sheets at june 30 2021 2020 assets cash $ 102,700 $ 52,000 accounts receivable, net 77,000 59,000 inventory 71,800 98,500 prepaid expenses 5,200 7,000 total current assets 256,700 216,500 equipment 132,000 123,000 accumulated depreciation—equipment (31,000) (13,000) total assets $ 357,700 $ 326,500 liabilities and equity accounts payable $ 33,000 $ 42,000 wages payable 6,800 16,600 income taxes payable 4,200 5,400 total current liabilities 44,000 64,000 notes payable (long term) 38,000 68,000 total liabilities 82,000 132,000 equity common stock, $5 par value 236,000 168,000 retained earnings 39,700 26,500 total liabilities and equity $ 357,700 $ 326,500 ikiban incorporated income statement for year ended june 30, 2021 sales $ 718,000 cost of goods sold 419,000 gross profit 299,000 operating expenses (excluding depreciation) 75,000 depreciation expense 66,600 157,400 other gains (losses) gain on sale of equipment 2,800 income before taxes 160,200 income taxes expense 44,690 net income $ 115,510 additional information a $30,000 notes payable is retired at its $30,000 carrying (book) value in exchange for cash. the only changes affecting retained earnings are net income and cash dividends paid. new equipment is acquired for $65,600 cash. received cash for the sale of equipment that had cost $56,600, yielding a $2,800 gain. prepaid expenses and wages payable relate to operating expenses on the income statement. all purchases and sales of inventory are on credit. required: (1) prepare a statement of cash flows using the indirect method for the year ended june 30, 2021. (amounts to be deducted should be indicated with a minus sign.)
In order to calculate the ratio you must first calculate the cash flow generated or used from operating activities, as shown below.
Cash flows from operating activities
Profit $115,510
Adjustments for:
Depreciation Expense $66,600
Working capital changes:
(Increase) / Decrease in the trade and other receivables -18,000
(Increase) / Decrease in the inventories $26,700
(Increase) / Decrease in prepaid expenses $1,800
Increase / (Decrease) in trade payables $-9,000
Increase / (Decrease) in wages payable -9,800
Increase / (Decrease) in income tax payable -1,200
Cash generated / provided by operations $172,610
So then, divide cash generated / provided by operations by average total assets.
$172,610 is the cash generated
Average total assets = ($82,000 total assets June 2017 + $132,000 total assets June 2016) / 2
$172,610 / $107,000 = $1.61 cash flow on the given total assets ratio
Hence, for every $1 in total assets the company generates $1.61 of cash flow.
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Problem 5-41 Numbe r of Annuity Payments (LG5-9)
Joey realizes that he has charged too much on his credit card and has racked up $4,700 in debt. If he can pay $150 each month and the card charges 12 percent APR (compounded monthly), how long will it take him to pay off the debt? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
If he can pay $150 each month and the card charges 12 percent APR (compounded monthly), It will take Joey around 71.45 months to pay off the debt rounding to two decimal places.
To calculate how long it will take Joey to pay off his credit card debt, we can use the formula for the present value of an annuity:
PV = PMT × [(1 - (1 + r)⁻ⁿ) / r]
Where:
PV is the present value (debt amount)
PMT is the monthly payment
r is the monthly interest rate
n is the number of payments
In this case, Joey's present value (debt) is $4,700, the monthly payment (PMT) is $150, and the monthly interest rate (r) is 12% APR compounded monthly, which translates to 1% per month. Let's calculate the number of payments (n) using the formula:
4700 = 150 × [(1 - (1 + 0.01)⁻ⁿ) / 0.01]
To solve for n, we need to isolate it. Let's simplify the equation first:
4700 = 150 × [(1 - 1.01⁻ⁿ) / 0.01]
Next, multiply both sides of the equation by 0.01:
4700 × 0.01 = 150 × (1 - 1.01⁻ⁿ)
47 = 150 - 150 × 1.01⁻ⁿ
Now, subtract 150 from both sides:
47 - 150 = -150 × 1.01⁻ⁿ
Simplify further:
-103 = -150 × 1.01⁻ⁿ
Divide both sides by -150:
(-103) / (-150) = 1.01⁻ⁿ
0.6867 = 1.01⁻ⁿ)
To solve for n, we need to take the logarithm of both sides. Let's use the logarithm with base 10:
log(0.6867) = log(1.01⁻ⁿ)
Using the logarithmic property, we can bring the exponent down:
log(0.6867) = -n × log(1.01)
Now, divide both sides by -log(1.01):
n = log(0.6867) / -log(1.01)
Using a calculator, we identify that:
n ≈ 71.45
Since n represents the number of monthly payments, Joey will need approximately 71.45 months to pay off his debt.
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I NEED HELP!!!!!!!!!!!!!!!!!!
Answer:
I am not home, I'm at church service will return home on Tuesday
What is the difference between a simple contract and a specialty contract
Answer:
free points
Explanation:
ok thx
The current price of a stock is based:
a. primarily on the future value of the cash flows derived from the stock.
b. solely on the anticipated future dividends.
c. on the present value of all the future cash flows from that stock.
d. on the present value of the dividends and the repayment of the principal.
The current price of a stock is based on the present value of all the future cash flows from that stock. Option C.
This includes anticipated dividends but also takes into account other factors such as the company's financial health, industry trends, and market conditions.
Investors use various methods to estimate the present value of these future cash flows, such as discounted cash flow analysis and price-to-earnings ratios.
What does the current price mean in stocks?
The stock's price only tells you a company's current value or its market value. So, the price represents how much the stock trades at or the price agreed upon by a buyer and a seller. If there are more buyers than sellers, the stock's price will climb.
Hence, the right answer is option C.
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Which nims management characteristic is necessary?
One important characteristic of NIMS (National Incident Management System) management is flexibility. NIMS emphasizes the need for a flexible and adaptable approach to effectively respond to various types of incidents and emergencies.
This allows responders and organizations to adjust their strategies and tactics based on the evolving nature of the situation. Flexibility ensures that resources are allocated efficiently, and that response efforts can be tailored to specific needs.
Additionally, NIMS promotes a coordinated and collaborative approach to management, emphasizing the importance of effective communication and information sharing among all involved parties.
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What is the way Accenture plan achieve sustainability goal?.
On its part, Julie Sweet said, Accenture has decided to achieve net zero emissions by the year 2025. “We will reuse or recycle all our e-waste and ensure reduction in water usage,” she said. “We see commitment from companies to make their businesses
About AccentureAccenture is a multinational professional services provider based in Ireland. Listed on the Fortune Global 500 list, the company recorded revenues of $43.2 billion in 2019 and employs 492,000 people, to serve clients in more than 120 countries. In 2015, the company employed around 150,000 people in India,48,000 people in the United States,and 50,000 people in the Philippines. Accenture's current clients include 91 Fortune Global 100 companies, as well as more than three-quarters of the Fortune Global 500 companies.
On July 11 2019, Accenture officially appointed Julie Sweet as the new CEO. He also took office on September 1, 2019.
This company was registered as a legal entity in Dublin, Ireland in 2009.
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The materials price variance is calculated using the ______ quantity of the input purchased.
Answer:
the answer is: calculator
Click this link to view O*NET’s Work Context section for Chefs and Head Cooks.
Note that common contexts are listed toward the top, and less common contexts are listed toward the bottom.
According to O*NET, what are common work contexts for Chefs and Head Cooks? Check all that apply.
A. spend time keeping or regaining balance
B. importance of being exact or accurate
C. exposed to high places
D. spend time standing
E. responsibility for outcomes and results
F. responsible for others’ health and safety
Answer:
✅importance of being exact or accurate,✅spend time standing,✅responsibility for outcomes and results,✅responsible for others’ health and safety
I hope this helps!
Answer:
2. importance of being exact or accurate
4. spend time standing
5. responsibility for outcomes and results
6. responsible for others’ health and safety
Explanation:
Explain why the credit industry wants you to believe that you need a credit score
Answer:
Because the credit industry gains a profit from it's users. Credit is a tool, and if used wisely can be beneficial for many people who don't have enough cash to pay for things. Having "good" credit score means that it's easier for you to receive a loan.
Let understand that Credit score refers the score which tells about a consumer's creditworthiness.
In practice, the higher the credit score of an individual, the higher the rate of repayment of credit gotten.
The Credit scoring is used the lenders to help them decide whether to borrow, extend or deny credit.
Therefore, the credit industry wants one to believe you need credit score because its helps them to ascertain your creditworthiness.
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__________ is the process of dividing a market into meaningful, relatively similar, and identifiable segments or groups.
Market segmentation is a process that involves dividing a larger market into smaller and more manageable subgroups or segments. The goal of market segmentation is to identify groups of customers with similar needs, interests, or behaviors and to tailor marketing efforts and strategies to meet their specific needs.
Segmentation can be based on a variety of factors, such as demographics, psychographics, geography, behavior, and other characteristics. By understanding the specific needs and preferences of different segments, businesses can create more effective marketing campaigns and offer products and services that better meet the needs of their target customers. Effective market segmentation is essential for businesses to succeed in a highly competitive marketplace.
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