An amount of approximately R 28,472.63 (rounded to the nearest cent) must be deposited into the account at the beginning of 2018 to fund twelve years of schooling at the given school.
To calculate the amount that must be deposited into the account to fund twelve years of schooling, we need to determine the future value of the yearly school fees and then discount it back to the beginning of 2018.
School fees for the first year (2019) = R 10,000
Annual increase rate = 10%
Interest rate on the account = 9.4% p.a. compounded monthly
Deposit year = 2018
To calculate the future value of the school fees over twelve years, we can use the compound interest formula:
Future Value = \(Principal * (1 + interest rate)^n\)
where Principal is the initial school fee amount, interest rate is the annual increase rate, and n is the number of years.
First, we calculate the future value of the school fees at the end of twelve years:
Principal = R 10,000
Interest rate = 10% / 100 = 0.1
Number of years = 12
Future Value = \(R 10,000 * (1 + 0.1)^12\)
Using a financial calculator or spreadsheet, the calculation yields approximately R 31,058.73.
Next, we discount the future value back to the beginning of 2018 using the interest rate on the account:
Future Value at the beginning of 2018 =\(Future Value / (1 + interest rate)^n\)
where n is the number of years from 2018 to the start of 2019 (one year).
Interest rate = 9.4% / 100 = 0.094
Number of years = 1
Future Value at the beginning of 2018 = \(R 31,058.73 / (1 + 0.094)^1\)
Using a financial calculator or spreadsheet, the calculation yields approximately R 28,472.63.
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How does decreasing your credit card balance affect your income statement? (1 point)
It increases your monthly expenses, increasing the amount you spend each month.
It increases your monthly expenses, giving you more money to spend on other things.
It decreases your monthly expenses, increasing the amount you spend each month.
It decreases your monthly expenses, giving you more money to spend on other things.
The way in which decreasing your credit card balance would affect your income statement is that: D. It decreases your monthly expenses, giving you more money to spend on other things.
What is a credit card?A credit card simply refers to a small, rectangular flat card that is issued by a financial institution to its eligible customers, in order to avail them an opportunity to purchase goods and services on credit, especially based on the agreement that this amount of money would be paid back at a specific time and interest rate.
Generally speaking, a credit card balance can be defined as the total amount of money that an individual owe his or her credit card company. This ultimately implies that, a decrease in credit card balance would cause a decrease in monthly expenses, which avails the credit card holder more money to spend on other things.
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Answer: 1. a loan from one entity electronically matched to another entity without a financial institution in the middle
2. a payday loan
3. an unsecured installment loan
4. It decreases your monthly expenses, giving you more money to spend on other things.
5. Determine or estimate the current value of everything you own.
6. Their ability to repay a loan
7. your prior record of paying your bills and paying off your debts
8. your age and gender
9. You can request one online or over the phone.
10. He should contact the credit bureau that issued the credit report, the companies that issued the seven fraudulent cards, his local police, and the federal government at identitytheft.gov.
11. -the lender that provided the incorrect information
-the credit bureau that prepared the report
12. right away
13. She won a $20 billion settlement for California homeowners whose homes were inappropriately foreclosed on.
14. The longer the term, the more you will pay in interest.
15. It will cost you less money overall.
16. A store credit card generally comes with a higher interest rate.
17. You will save money if you pay the balance off quickly.
18. -Clarifying the confusing language found on credit card applications.
-Forcing lending companies to disclose interest rates and hidden fees.
19. It banned credit card companies from raising interest rates after missed payments.
20. -a fixed annual charge for the use of a credit card
-a charge if the minimum payment is not paid by the due date
21. paying off the balance before interest can accrue
22. $30
23. Determine which card has the higher interest rate and pay the extra money to that card first.
Explanation: All these answers are correct!
What are some good colleges in New Orleans that arent expensive??
Answer:
southern university, Dillard university, university of new orleans
The percentage of the US labor force that is unemployed is known as the __________.
A.
consumer price index
B.
gross domestic product
C.
national unemployment rate
D.
annual percentage change
Please select the best answer from the choices provided
A
B
C
D
Answer:
Explanation:
C
Answer:
C. national unemployment rate
Explanation:
i did the quiz, hope this helps<3!!
Interaction involvement consists of three interrelated dimensions:
a- interaction, performance, assessment
b- responsiveness, performance, and attentiveness
c- performance, perceptiveness, and attentiveness
d- responsiveness, perceptiveness, and performance
e- responsiveness, perceptiveness, and attentiveness
Responsiveness, perceptiveness, and attentiveness.
What comprises a conversation?Anything you say or do during a conversation sends a message. When chatting with someone, approaching them will communicate one thing, while remaining still will communicate another.
Why attentiveness is necessary?Anywhere you focus your attention, your mind becomes involved and begins to process what it is. If you lack the ability to pay attention, your mind will eventually rule your attention, allowing it to wander aimlessly. This could lead to a life filled with distractions. I'll outline three essential justifications for why you should pay attention in this essay.
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three qualities are responsiveness, perception, and attention.
What elements make up a conversation?During a discussion, everything you say or do conveys a message. When speaking with someone, moving closer to them will convey one message while standing stationary will convey a different message.
Why is attention required?Your mind gets involved and starts to process whatever it is you are focusing on. If you can't focus, ultimately your mind will take control of your attention and let it roam aimlessly. This can result in a life full of diversions. In this essay, I'll discuss three key reasons why you should pay attention.
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FILL IN THE BLANK splenda's financial managers spent financial resources on _______________ to grow the business.
Answer:
marketing
Explanation: splenda's financial managers would spend financial resources on the activity to generate more profit
Which of the following is an example of a direct tax?
Gasoline tax
Personal property tax
Real estate tax
Sales tax
Answer:
Personal Property Tax
Explanation:
Indirect taxes are taxes that are collected by the government indirectly meaning that there is a "middle man." Sales taxes and gasoline taxes are indirect because the taxes must be collected first by the stores and gas stations before going to the government.
Direct taxes are taxes paid straight to the government ie, property taxes, income taxes, etc.
An example of a direct tax from the following is the personal property taxes.
Option B is the correct answer.
What is meant by taxes?Taxes are the obligation of the taxpayers which need to be paid every year in respect of the income earned by them.
The taxes are classified into two types namely, direct taxes and indirect taxes. Direct tax is a form of liability that is paid by the taxpayer to the government whereas indirect tax is the amount that is charged from the customers but actually paid by the supplier to the government.
Therefore, property taxes are one example of direct taxes.
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What changes is the new CEO Martin planning to bring into Idle Time’s management practices?
In order to answer the question you need to add the choices so I can solve it properly.
Explanation:
PLZZZ HELP!!!
Part B
Imagine that you were the boss of the employees in these cases, and develop a list of at least five rules for appropriate behavior on social media that all employees must follow.
Part C
Finally, explain how you’ll personally avoid risky behaviors on social media, or how you can personally follow the rules so that you don’t put your own career at risk because of inappropriate social media posts.
Answer:
yes
Explanation:
Social media. A platform originally built to allow individuals to keep in touch and socialize with a small community of friends has become a forum for discussions as frivolous as kittens and as internationally significant as world leaders in a flame war. Those conversations are no longer limited to people on the same campus, or even in the same countries, nor are they limited to individuals. Organizations realized the reach and significance of social media around the same time as content marketing became a way to offer advice and best practices for free to people who would be drawn to your company and ultimately convert to customers and brand evangelists.
Answer: (Answers may vary.) Part B
These are my five rules for appropriate behavior for employees:
Do not use offensive language online.
Do not discuss your negative opinions, frustrations, or problems about work online.
Do not express any racist, sexist, or prejudiced opinions in general online.
Do not criticize your colleagues and customers of the company online with regard to their work.
Do not spread rumors or gossip about colleagues and customers online.
Part C: My Answer
I'll Avoid risky behaviors on social media buy conducting myself in a professional manner at all times, that way i avoid embarrassing myself and my company's reputation.
(Edmentum Answer)
I’ll set all of my social networking accounts to private and only accept friend requests from people I know well. I won’t use offensive language online. I won’t express any racist, sexist, or prejudiced opinions. I won’t rant about customers, no matter how upset I may be with them. I won’t talk about negative experiences or opinions about my work online. Instead, I’ll discuss my problems with the right people (management, human resources, supervisors, or co-workers). I’ll speak respectfully about my colleagues and superiors.
Explanation: Edmentum Sample Answer, And my Answer
A negative net present value indicates that the project’s return is ________.
A negative net present value indicates that the project’s return is net loss
What is a net present values?A net present values is a total sum of money that is currently available. It may be in terms of assets or revenue generated.
When there is a negative net present value, it means the revenues generated is lower that the cost of a project. This invariably leads to a loss for a particular company.
Hence a negative net present value indicates that the project’s return is net loss
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Dawn walks into a customer's office with her sales presentation planned and immediately recognizes that the customer is upset about something. In this situation, Dawn should Dawn walks into a customer's office with her sales presentation planned and immediately recognizes that the customer is upset about something. In this situation, Dawn should:
a. maintain a happy and cheerful demeanor.
b. sit down immediately and begin the presentation.
c. All of the answers are correct.
d. say something funny in an attempt to lighten the customer's mood.
e. ask if she should come back some other time for the meeting.
when a mature company with excess cash reserves decides not to repurchase its own stock, it sometimes turns to a ________ as a way of redeploying its capital.
When mature company with excess cash reserves decides not repurchase its own stock, it sometimes turns to a strategic acquisition or merger as a way of redeploying its capital.
Repurchase, also known as a buyback, refers to the act of a company or organization buying back its own shares or securities from marketplace. This can be done for various reasons, such as returning capital to shareholders, signaling confidence in the company's prospects, or adjusting the capital structure. Repurchases can be executed through open market purchases or tender offers. By repurchasing shares, a company reduces the number of outstanding shares, which can increase earnings per share and potentially boost the stock price. Repurchases are a common practice in corporate finance and capital management strategies.
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Which of the following communications must be reviewed and approved by a principal before it can be used? A) An internal memo to be sent to registered representatives describing a new sales technique B) Promotional material to be sent only to mutual funds and insurance companies C) A letter to be sent to all customers reminding them of a change in the tax laws D) A letter to be sent this week to 30 existing customers recommending a new service being offered by the firm
Answer: I'm thinking C, but I cant find any evidence to help support it all to much. I looked up the answers and everything and no one knows, i'm sorry if I wasn't of any help
Good luck
The communications that must be reviewed and approved by a principal before they can be used are an internal memo to be sent to registered representatives describing a new sales technique, a letter to be sent to all customers and a letter to be sent this week to 30 existing customers recommending a new service. The correct options are a, c, and d.
An internal memo to be sent to registered representatives: Since this letter involves instructing staff members on sales practices, it should be examined and authorized by a principal. All clients are to get a letter informing them of an alteration to the tax laws: A principal should evaluate and approve this letter to make sure that it contains accurate, understandable information that complies with applicable tax regulations.
30 current clients will receive a letter this week proposing a new service the business is offering. A principal should also examine and approve this communication. Even though it is directed towards a certain consumer segment, it is still crucial for a principal to check it to make sure the information is correct, pertinent, and compliant with the company's marketing and advertising standards.
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an adverse material changes in conditions clause is included in loan commitments to protect the fi against
An adverse material changes in conditions clause (AMCC) is a provision found in most loan agreements that allows the lender to withdraw funding, declare a default, or renegotiate loan terms if a significant adverse change occurs in the borrower's financial situation or business climate.
The AMCC is a financial covenant that allows the lender to safeguard itself from unanticipated developments that may reduce the borrower's ability to repay the loan. AMCC is included in loan commitments to safeguard the financial institution against unexpected and harmful changes in a borrower's financial condition or prospects. In a loan agreement, borrowers and lenders usually include several covenants, or terms that specify how borrowers must conduct themselves. These may include limitations on debt, minimum earnings, restrictions on the acquisition or sale of assets, and more.
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The histogram and box plots below show the distribution of finishing times for male and female winners of the New York Marathon between 1970 and 1999.
Answer:
Kindly check explanation
Explanation:
A.)
From the histogram, the number of runners who made a certain range of Runtime can be easily deduced on the y-axis of the histogram, which isn't possible on the boxplot.
Summary statistic such as lower quartile, median and upper quartile statistics including outliers can be deduced easily from the boxplot.
B.)
Bimodal distribution occurs when two different groups or class have the highest number of values in a distribution.
C.)
The distribution of marathon times for men is fairly normally distributed while that if women is skewed.
The minimum and maximum values in the women's distribution is greater than the minimum and maximum values in the men's distribution.
The women's distribution has greater variance than the men's distribution. (greater range value).
Morton’s steakhouse utilized a(n) ________ crm system to surprise a customer with a meal.
Morton’s steakhouse utilized a social CRM system to surprise a customer with a meal.
What do you mean by social CRM system?Here are some instances of Social CRM in use and some of its advantages: A firm or even a customer makes a fan page for your business or item. Fans are people who support your brand and the way you conduct business, and they provide a platform for marketing, networking, and communication.
With the aim of encouraging engagement in the business process, social CRM is a business strategy that comprises the expansion of marketing, sales, and customer support operations to incorporate the active participation of clients or visitors to an Internet channel.
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We suppose an economy defined by:
Y=10000 ; G = 2000 ; T = 1000 ;
r (real interest rate) = 3%;
C = 400 + 0.6 (Y-T) ;
Lo (factors that affect demand of moeny) = 5 ;
Ms (money supply) = 15000 ;
Mg (growth rate of money) = 10% ;
Yg (growth rate of Y) = 7%
question : If M increase by 3%, the P increase by ? ( the options I have are : 1.22%/1.23%/1.24%/1.25%)
Answer:
Explanation:
To find the percentage increase in P if M increases by 3%, we need to use the equation for the quantity theory of money, which is:
M * V = P * Y
Where M is the money supply, V is the velocity of money, P is the price level, and Y is the output of the economy.
If M increases by 3%, then the new value of M can be found by multiplying the old value of M by 1 + the percentage increase:
M' = M * (1 + 0.03) = 15000 * 1.03 = 15450
We can then solve for the new value of P by substituting the new values of M and Y into the equation:
P' = (M' * V) / Y = (15450 * V) / 10000 = 1.5450 * V
We can then find the percentage increase in P by taking the difference between the new value of P and the old value of P, and dividing by the old value of P:
Percentage increase in P = (P' - P) / P = (1.5450 * V - 1) / 1 = 0.5450 * V
So the percentage increase in P is 0.5450 * V.
Harold receives a letter from the Internal Revenue Service (IRS) claiming that he filed two tax returns for the same year. He contacts the IRS and finds out that someone else filed a return in his name for the previous tax year. Which should he not do from this point forward? • A. Continue to file tax returns • B. Pay his taxes O C. Monitor his online IRS account O D. Ignore future correspondence from the IRS
Ignore future correspondence from the IRS should he not do this from this point forward. Thus option B is correct.
What is tax?A tax is a compulsory fee or economic charge that a government imposes on a person or a business in order to raise money for public projects like building the greatest infrastructure and services.
As there is someone who has paid the taxes that were on his behalf. This was to make sure that the organization will be informed.
Take the necessary action or make a payment after attentively reading the letter. Only respond when asked to do so. Unless otherwise instructed, taxpayers are not required to respond to a notice. Therefore, option B is the correct option.
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Answer:
option B is correct.
Explanation:
In providing ____,the government establishes and enforces the laws necessary for a market economy to function
Answer:
I think that's regulations
The ______is a financial statement detailing a firm's assets, liabilities, and owners' equity.
A. balance sheet
B. statement of cash flows
C. manufacturing statement
D. income statement
The income statement is a financial statement detailing a firm's assets, liabilities, and owner's equity. Thus, option 'D' is the correct option.
What is an income statement?One of a company's financial accounts, an income statement or profit and loss account, lists the company's revenues and costs for a specific time period. It describes the process through which revenues are converted into net income or net profit.
A period of time is represented by an income statement (as does the cash flow statement). The balance sheet, on the other hand, only depicts one point in time. There are two ways to create an income statement. The Single Step Income Statement calculates the net income by adding up all receipts and deducting all costs.
In order to get at the net income, the Multi-Step income statement makes a number of calculations, beginning with the gross profit and moving on to operational expenditure estimation. then, after taking the gross profit into account, you get income from operations.
Therefore, option 'D' (income statement) is the correct option.
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Consider the following two-person game. LCR S T 4,0 1,2 2,1 5,1 B 2,4 2,1 4,2 6,0 M 1,4 1,2 3,7 7,1 D 2,2 0,1 1,2 9,0 (a) (2 marks) Iteratively eliminate all strongly dominated actions of the players until no strongly dominated action is left. Which strategies left at the end of this elimination process? Show your work. [Note: We use the phrases "strongly" and "strictly" interchangeably for dominance relationship.] (b) (5 marks) Find all pure and mixed strategy Nash equilibria of this game. Show your work. [Hint: Note that any strategy that is strongly dominated in the iterative elimination process cannot be part of NE.]
(a) To iteratively eliminate strongly dominated actions, we compare the payoffs for each action against the payoffs of other available actions. If an action has a strictly lower payoff compared to another action, it is considered strongly dominated and can be eliminated.
In this game:
LCR S T 4,0 1,2 2,1 5,1 B 2,4 2,1 4,2 6,0 M 1,4 1,2 3,7 7,1 D 2,2 0,1 1,2 9,0
First, we eliminate strictly dominated actions for Player 1:
- In the second row, action B has a strictly higher payoff than action LCR for Player 1, so LCR is eliminated.
Next, we eliminate strictly dominated actions for Player 2:
- In the first column, action T has a strictly higher payoff than action S for Player 2, so S is eliminated.
The remaining strategies after the elimination process are:
Player 1: M, D
Player 2: T
(b) To find the pure and mixed strategy Nash equilibria (NE) of the game, we examine the strategies that survive the elimination process.
Pure strategy NE:
- (M, T) is a pure strategy NE because no player can unilaterally deviate to improve their payoff.
Mixed strategy NE:
- Player 1's strategy: Since Player 1 has two remaining strategies, M and D, the mixed strategy NE would involve a probability distribution between these two strategies.
- Player 2's strategy: Player 2's only remaining strategy is T, so the mixed strategy NE would involve a probability of 1 for T.
To find the specific probabilities for Player 1's mixed strategy NE, we compare the payoffs of M and D when Player 2 plays T:
- For Player 1, the expected payoff of M is 1/3(1) + 1/3(2) + 1/3(3) = 2
- For Player 1, the expected payoff of D is 1/3(2) + 1/3(0) + 1/3(2) = 4/3
Since the payoff of D is strictly higher than M, Player 1 would choose D with a probability of 1 and M with a probability of 0 in the mixed strategy NE.
Therefore, the Nash equilibrium of the game is:
Pure strategy NE: (M, T)
Mixed strategy NE: (D, T) with Player 1 playing D with probability 1.
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Which best describes the types of indicators that the HDI measures?
O economic and industrial indicators
O infrastructure and social indicators
O social and economic indicators
O stability and social indicators
Answer:
O social and economic indicators
Explanation:
The Human Development Index (HDI) is a statistic used to measure a country's achievements in different aspects of its social and economic welfare. The united nations developed HDI to evaluate different dimensions of human development in a country. Dimensions of human development refer to people's health, educational level, and standards of living.
The HDI makes comparisons between countries by analyzing components such as average annual income and educational achievements.
Social and economic indicators is best describes the types of indicators that the HDI measures. The HDI analyzes factors such as average annual income and educational achievements to directly compare between countries.
What is HDI ?The Human Development Index is a metric that assesses a country's progress in various areas of social and economic development.
HDI was created by the United Nations to assess many aspects of a country's human development. Human development dimensions include people's health, educational attainment, and living conditions.
Thus, option C is correct.
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Which of the following statements is true? a. Shareholders are intricately involved in the success or failure of the organization while stakeholders are not b. Stakeholders are constituencies that influence and are influenced by the success of the business Shareholders are solely concerned about their financial rewards from the company C. d. B and c only
The statement that is true among the given options is option C: "Stakeholders are constituencies that influence and are influenced by the success of the business. Shareholders are solely concerned about their financial rewards from the company." This statement correctly highlights the distinction between shareholders and stakeholders.
Stakeholders are individuals or groups who have an interest or stake in the success of the business and can influence or be influenced by its actions and outcomes. They include employees, customers, suppliers, communities, and even the environment. Stakeholders have various concerns beyond just financial rewards and may prioritize factors such as social responsibility, sustainability, and ethical practices.
On the other hand, shareholders are individuals or entities that own shares or stocks in a company. They are typically concerned about maximizing their financial returns on their investments and may focus on factors such as profitability and stock value.
Option C correctly captures the essence of the relationship between stakeholders and shareholders, recognizing that stakeholders have a broader scope of influence and concerns beyond financial rewards, while shareholders primarily focus on their financial interests.
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what is the opportunity cost of producing one gallon of milk in tahiti?
The opportunity cost of producing one gallon of milk according to the production possibilities frontiers in Tahiti is 5/6 of a gallon of honey. (Option C)
To find the opportunity cost of producing one gallon of milk in Tahiti, we need to look at the production possibilities frontier for Tahiti. The production possibilities frontier shows the maximum amount of two goods that can be produced given the resources and technology available.
On the production possibilities frontier for Tahiti, we can see that when Tahiti produces 6 gallons of milk, it can produce 0 gallons of honey. When Tahiti produces 0 gallons of milk, it can produce 5 gallons of honey. This means that the opportunity cost of producing one gallon of milk in Tahiti is the amount of honey that must be given up in order to produce one more gallon of milk.
To calculate the opportunity cost, we can use the formula: Opportunity cost = (Change in quantity of honey) / (Change in quantity of milk) Opportunity cost = (5 - 0) / (0 - 6) Opportunity cost = 5 / (-6) Opportunity cost = -5/6 Since opportunity cost is always positive, we can take the absolute value of -5/6 to get 5/6. Therefore, the opportunity cost of producing one gallon of milk in Tahiti is 5/6 of a gallon of honey.
Note: The question is incomplete. The complete question probably is: Figure shows the production possibilities frontiers for Tahiti and Bora Bora. Each country produces two goods, milk and honey. What is the opportunity cost of producing one gallon of milk in Tahiti? A) 1.5 gallons of honey B) 1/2 of a gallon of honey C) 5/6 of a gallon of honey D) 1.2 gallons of honey.
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In a ________ culture, employees are expected to work hard, react fast, and deliver quality work on time.
Multiple Choice
a. market
b. clan
c. hierarchy
d. adhocracy
When discussing organizational structure, the terms narrow and wide are used to describe
Multiple Choice
a. centralization.
b. coordinated effort.
c. division of labor.
d. span of control.
When managers need to solve problems, horizontal design can bring together employees of various divisions without sacrificing their primary functional responsibilities.
True or False
In a market culture, employees are expected to work hard, react fast, and deliver quality work on time.
When discussing organizational structure, the terms narrow and wide are used to describe - Span of control.
When managers need to solve problems, horizontal design can bring together employees of various divisions without sacrificing their primary functional responsibilities - True.
A market culture is a form of corporate culture that places an emphasis on competition among employees as well as between the business and its competitors in the market. The most aggressive and capitalistic of the four prevalent models of corporate culture is the market model.
The span of control is the number of subordinates who directly report to a supervisor or leader (or span of management). When a management has more personnel under their control, their sphere of influence grows.
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Before heavily soiled condiment pans are washed and sanitized they should be
Answer:
degreased
Explanation:
Degreasing can be defined as the removal of grease stains, etc in cooking utensils from pans to pots, etc. Degreasing is one of the cleaning procedures. its aim is to ensure that sticky or grease stained cooking utensils and equipment in the kitchen are properly removes before washing and sanitizing.
Cheers
Janessa wants to pay off her credit card balances within 12 months. She is trying to decide if she should use her $1,000 in savings to pay off part of the balances or if she should transfer the balances to a new card with a low introductory rate. The new credit card has an introductory rate of 6. 5% but charges a balance transfer fee of $50 for each balance transfer. Janessa decides to pay of Credit Card B and $420 of Credit Card A, then transfer the remaining balance of Credit Card A to the new card. Which of the following options shows the amount of Janessa's new monthly payment? Credit Card A: $957 Credit Card B: $580 a. $54. 97 b. $50. 66 c. $18. 12 d. $46. 34.
Explanation:
The answer is B$50.66 that's what I got
A marketing strategy that stimulates immediate consumer action is
Opublic relations.
O advertising.
O personal selling.
O sales promotion.
Answer:
D) Sales Promotion
Explanation:
Sales promotion involves any incentive used by manufacturers to encourage the sales force to actively sell a brand or distributors/consumers to buy a brand.
Discussion Question:
What are the Fed's three objectives in conducting monetary policy? (one short paragraph/details)
Maximum employment, stable prices, and moderate long-term interest rates are the Fed's three monetary policy goals.
What is monetary policy?Monetary policy, which also has the goal of fostering economic growth, controls the total amount of money in a country. Examples of monetary policy tactics include modifications to bank reserve requirements and interest rate changes. Monetary policy is frequently divided into two categories: expansionary and restrictive.
To enhance employment, GDP, and price stability, for instance, policymakers control the flow of money using tools like interest rates, reserves, bonds, etc.
The Federal Reserve (the Fed), the country's central bank, has been given authority over monetary policy by Congress; however, Congress is also responsible for overseeing the Fed's compliance with its legal obligations of promoting maximum employment, maintaining price stability, and maintaining moderate long-term interest rates.
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Which type of structure uses domain expertise to separate employees into specific areas based on their purpose, such as sales and human resources
The type of structure that uses domain expertise to separate employees into specific areas based on their purpose, such as sales and human resources is called a functional structure.
What is functional structure?This is a type of organizational structure in which the organization is divided into smaller groups based on specialized functional areas.
The organization structure as reported above includes;
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occurs when companies employ a multinational pricing policy that calls for setting different prices in different country markets. a) ethnocentric b) polycentric c) regiocentric d) geocentric e) extension
A method in global marketing where a company permits a subsidiary or affiliate to determine the best price in its own region as long as it is profitable; also known as the Polycentric Approach.
What distinguishes polycentricity from ethnocentricity?
While the ethnocentric method sends employees from the home area or country to a foreign country or to another site where the headquarters are present, the polycentric approach concentrates on keeping personnel from a domestic region or country.
What do geocentric and polycentric mean?Polycentric Attitude: The idea that local workers are aware of the best working methods and commercial procedures is referred to as having a polycentric attitude. Geocentric Attitude: A geocentric attitude is a global perspective that emphasises using the best methods and connecting with individuals from all over the world.
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