In a pure command economy, goods and services prices are planned by the central government.
In a pure command economy, the centeral government is responsible to set the prices for goods and services sold in the market. The central government is also responsible to set the production of the goods and services being sold in the market. Because the main goal of the central government is to create equality in society.
In a pure command economy, government fully controls the distribution and production of goods and services to control the monopoly, and prices and dictates the external entrance into the market. While the free market system decides the prices of goods and services based on the relationship between demand and supply.
In a free market system, producers or private companies set production and produce goods and services based on the demand for these goods and services in the market.
Therefore, in a pure command economy, the prices of goods and services are set or planned by the central government.
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fit for life foods reports the following income statement accounts for the year ended december 31 gain on sale of equipment 6320depreciation expense office copier 480office supplies expense760sales discounts15 700insurance expense1 370sales returns and allowances3 900sales217 000tv advertising expense2 200office salaries expense31 300interest revenue600rent expense selling space10 300cost of goods sold89 000sales salaries expense23 100sales commission expense13 000prepare a multiple step income statement
The Income Statement of Fit for Life Foods for the year ended December 31 is $22570.
The Income Statement of Fit for Life Foods for the year ended December 31 will be given as follows:
Sales 217000
Less: Sales returns and allowances 3900
Sales discounts 15700
Net Sales 199400
Cost of goods sold 89000
Gross Profit 110400
Operating Expenses: Office salaries expense 31300
Sales salaries expense 23100
Sales commission expense 13000
Rent expense selling space 10300
Depreciation expense office copier 480
TV Advertising expense 2200
Office Supplies expense 760
Insurance expense 1370
Total Operating Expenses 81110
Income from Operations 29300
Other Revenues and Gains:
Gain on sale of equipment 6320
Interest revenue 600
Total Other Revenues and Gains 6920
Other Expenses and Losses:
None Income before Income Tax 36220
Income Tax expense(-)13650
Net Income22570
Therefore, the multiple-step income statement of Fit for Life Foods for the year ended December 31, XXXX is prepared as above.
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A company in Maine sends lobsters to France What is Maine doing? Select three options
Answer:
Following are the answer to this question:
Explanation:
Some information is missing in the question. So, the correct choices can be described as follows:
i) practicing international trade
ii) exporting products
iii) participating in globalization
Maine has been globally traded because its, company transfers it's own goods at international frontiers when a client gives lobster with France in Maine. It exports products as its goods are manufactured in one nation, in this scenario the USA, is one other country, France in this case.Finally, it participates in the process of globalization because the company operates internationally by selling its products.Answer:
B. practicing international trade
C. exporting products
D. participating in globalization
New batteries are needed to power our electronic devices—our cell phones, tablets, and computers—and that market is exploding. Researchers are developing lithium-ion batteries that will be vital to clean-energy and automobile manufacturing and could open up huge new markets. Currently, the domestic production accounts for about 12 percent of the world's production. The country has a domestic supply of raw materials, but production is limited and prices remain high compared to imported batteries.
The government could invest in technology and research.
The government could purchase domestic batteries exclusively.
The government could impose heavy tariffs on all imported batteries.
The government could ban imported batteries.
Answer:
The government could impose heavy tariffs on all imported batteries.
Explanation:
Import tariffs are taxes imposed on imported commodities. Should the government impose heavy tariffs on the imported batteries, their prices in the domestic market will go up.
One of the objectives of a tariff is to protect locally produced goods from unfair competition by low-priced imports. The imposed tax become a cost to the imported batteries, which will make them more expensive. The locally produced batteries will compete favorably with the imports. The domestic industry will grow since it has raw materials and a market to sell its products.
If a bond is trading at a premium, what is the relationship between the bond's coupon rate, current yield and yield to maturity?
Bonds acquired at premiums often have lower yields to maturity than bonds purchased at market rates. This is further explained below.
What is a bond?Generally, Bonds are financial securities that reflect loans made to the issuer by the bondholders themselves. When it comes to borrowing money, governments (at all levels) and companies (of all sizes) often turn to bonds.
In conclusion, If you buy a bond at a discount, the yield to maturity will be lower than its coupon rate.
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For this discussion activity, I want you to respond to the following questions in the Module 2 Discussion Board area in this learning module. Please be sure to respond to BOTH parts of the discussion prompts. 1. After reading this week's lecture notes and chapters, please explain which model (One-Dimensional vs. Multi-Dimensional) makes the most sense to you with regard to psychology and behavior. Consider the following questions: - What stood out the most to you about the model you chose? - What are some limitations to this model?
When considering the various dimensions of behavior and psychology, the multidimensional model is the most logical choice. One-Dimensional and Multi-Dimensional are the two models that explain behavior and psychology.
One-dimensional refers to a model that considers only one aspect of behavior, such as biological factors. While multidimensional refers to a model that takes into account several aspects of behavior, such as environmental, psychological, and sociocultural factors.The most notable feature of the multidimensional model is that it acknowledges the many factors that influence an individual's behavior. It takes into account the complexity of human behavior and the various factors that contribute to it. This model considers the various elements of a person's life that may impact their behavior. These factors can range from their genetics and biology to their environment and culture.
It can be difficult to use the model to make specific predictions about a person's behavior. In conclusion, while there are limitations to the multidimensional model, it is the most logical and accurate choice when it comes to understanding the complexities of human behavior.
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13. When talking about interest with saving and investing, which option below is correct?
a)Both saving and investing interest works the exact same.
b)Risk and interest have no correlation, so you can do either one and always get a return.
c)) Savings interest is simple, while investing interest is compounded.
d) Investing interest is simple, while saving interest is compounded.
The correct option is c) Savings interest is simple, while investing interest is compounded.
When it comes to interest with saving and investing, it's important to understand the key differences between the two.
Saving interest refers to the amount earned on the principal amount deposited into a savings account, typically calculated using a simple interest formula. This means that the interest earned is based solely on the initial principal and does not accumulate over time.
On the other hand, investing interest involves the growth of funds through various investment vehicles such as stocks, bonds, or mutual funds. Investing interest is usually compounded, meaning that the interest earned is added to the principal and then reinvested to generate additional returns. This compounding effect allows investments to potentially grow at an accelerated rate over time.
It's crucial to note that risk and interest are indeed correlated in the realm of investing. Higher-risk investments tend to offer the potential for higher returns but also carry a greater chance of loss. In contrast, savings accounts are generally considered low-risk investments with lower interest rates.
Therefore, option c) accurately captures the distinction between saving and investing interest by highlighting that savings interest is simple (not compounded) while investing interest is typically compounded.
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the rico act of 1970 is one of the major federal acts that
The RICO Act of 1970 is a significant federal act aimed at combating organized crime and addressing racketeering activities. It provides a legal framework for prosecuting individuals involved in various criminal enterprises, such as drug trafficking, money laundering, bribery, and extortion.
The RICO Act, which stands for the Racketeer Influenced and Corrupt Organizations Act, was enacted by the U.S. Congress in 1970 as a powerful tool to combat organized crime. The primary objective of the act is to dismantle and prosecute criminal enterprises engaging in racketeering activities. Racketeering refers to a pattern of illegal activities carried out by individuals or organizations as part of an ongoing criminal enterprise.
The RICO Act provides federal prosecutors with expanded legal authority to target and prosecute individuals involved in organized crime. It allows for the prosecution of individuals who are part of a criminal enterprise, even if they are not directly involved in the specific criminal activities. Under the RICO Act, individuals can be charged with racketeering if they participate in a pattern of criminal conduct through an organization. The act includes provisions for severe penalties, such as imprisonment and hefty fines, as well as the potential seizure of assets derived from illegal activities. By targeting the financial aspects of criminal enterprises, the RICO Act aims to disrupt and dismantle these organizations.
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place rock unit events in order.
3. (Note: The surface is not a layer. It is ground-level, complete with happy little trees.) \( \mathrm{A} 3 \) Homework \( - \) Unanswered Place the rock units events in order from oldest on bottom t
To place the rock unit events in order from oldest to youngest, we need to consider the principle of superposition, which states that in an undisturbed sequence of rock layers.
1. Homework: This event is the most recent one as it is mentioned last in the given list.2. A3: This event is mentioned before Homework, suggesting that it occurred earlier than Homework.3. Unanswered: This event is mentioned before A3, indicating that it happened before A3.Therefore, the correct order from oldest to youngest is: Unanswered → A3 → Homework.we need to consider the principle of superposition, which states that in an undisturbed sequence of rock layers, the youngest rocks are on top, while the oldest rocks are at the bottom.
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Dunn Inc. is a privately held furniture manufacturer.
For August 2014, Dunn had the following standards for one of its products, a wicker chair:
Standards per Chair:
Direct materials 2 square yards of input at $5 per square yard
Direct manufacturing labor 0.5 hour of input at $10 per hour
The following data were compiled regarding actual performance:
Actual output units (chairs) produced 2,000
Square yards of input purchased and used 3,700
Price per square yard $5.10
Direct manufacturing labor costs $8,820
Actual hours of input 900
Labor price per hour $9.80
Required:
1. Calculate the price and efficiency variances for direct materials and direct manufacturing labor.
Give a plausible explanation of why each variance occurred.
2. Suppose 6,000 square yards of materials were purchased at $5.10 per square yard, even though only 3,700 square yards were used.
Suppose further that variances are identified at their most timely control point; accordingly.
Direct materials price variances are isolated and traced at the time of purchase to the purchasing department rather than to the production department.
Compute the price and efficiency variances under this approach.
Variance Analysis
A budget is plan that anticipates future activities and acts as a benchmark for performance evaluation. At the end of the period, actual performances will be compared with budgeted information to determine variances. Variances highlight areas where the company's performance either exceeds or falls below standards. Generally variances will be considered favorable if actual performance is better or meets standards. Alternatively, if performance does not meet standards set in the budget, the variance will be considered unfavorable. In analyzing variances, companies can choose to examine direct cost variances and overhead cost variances. Direct cost variances include direct material variances (direct material price variance and direct material quantity variance) and direct labor variances (direct labor rate variance and direct labor efficiency variance). Overhead cost variances include variable overhead variances (variable overhead spending variance and variable overhead efficiency variance) and fixed overhead variances (fixed overhead budget variance and fixed overhead volume variance).
The efficiency variance is unfavorable as it took more time to produce the actual output than the budgeted time.
1. Calculation of Price and Efficiency Variances for direct materials and direct manufacturing labor:
For Direct Material:
Price Variance = (Actual Quantity x Actual Price) - (Actual Quantity x Standard Price)
= (3,700 x $5.10) - (3,700 x $5)
= $1,850 (Favorable)
The price variance is favorable as the actual cost of raw materials was lower than the budgeted cost.
Efficiency Variance = (Actual Quantity x Standard Price) - (Standard Quantity x Standard Price)
= (3,700 x $5) - (2,000 x $5)
= $9,000 (Unfavorable)
The efficiency variance is unfavorable as more material was used to produce the actual units than the budgeted standard.
Direct Manufacturing Labor:
Price Variance = (Actual Hours x Actual Price) - (Actual Hours x Standard Price)
= (900 x $9.80) - (900 x $10)
= -$120 (Unfavorable)
The price variance is unfavorable as the actual rate paid to workers is higher than the budgeted cost.
Efficiency Variance = (Actual Hours x Standard Price) - (Standard Hours x Standard Price)
= (900 x $10) - (2,000 x $10)
= -$11,100 (Unfavorable)
The efficiency variance is unfavorable as it took more time to produce the actual output than the budgeted time.
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The balance in the income summary account before it is closed will be equal to.
The balance in the income summary account before it is closed will be equal to the net income or net loss for the period.
The income summary account is a temporary account that is used in the closing process to summarize the revenues and expenses of a business for a particular period of time. It is used to facilitate the transfer of the balances of the revenue and expense accounts to the retained earnings account. To prepare financial statements, the income summary account is closed to the retained earnings account. If there is a net income, the income summary account is credited and the retained earnings account is debited for the same amount. If there is a net loss, the income summary account is debited and the retained earnings account is credited for the same amount.In conclusion, the balance in the income summary account before it is closed will be equal to the net income or net loss for the period.
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given the profit-maximizing choice of output and price, citrus scooters is earning profit, which means there are sellers in the industry relative to the long-run equilibrium amount.
Given the profit-maximizing choice of output and price, citrus scooters is earning profit, which means there are more sellers in the industry relative to the long-run equilibrium amount.
Profit in economics is the difference between the revenue generated by an economic entity's outputs and the sum of its input costs. It is equivalent to total income less total expenses, which includes both direct and indirect expenses.
It's distinct from accounting profit, which only pertains to the costs that are explicitly stated on a company's financial accounts. Accounting profit is calculated by subtracting the company's entire revenue from its explicit costs. When examining a corporation, an economist takes into account all costs, both apparent and implicit. Economic profit is therefore less than accounting profit. Economic profit is frequently considered in addition to normal profit.
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Iris has an investment worth $8,813. She made her only deposit in it seven years ago. Given that the investment yields
3.7% simple interest annually, how big was the initial deposit?
a $1,806
b. $2,282
C. $4,095
d. $7,000
Please select the best answer from the choices provided
А
С
OD
Answer:
D) $7,000
Explanation:
Just took practice... I got it wrong but it told me the right answer so here!
Answer:
D
Explanation:
Interdependence results from:
Answer:
promotive interactionExplanation:
Positive interdependence (cooperation) results in promotive interaction where individuals encourage and facilitate teammates' efforts to complete the task. Negative interdependence (competition) encourages contrient interaction where team members work to oppose or block the success of others on their team while working to further their own, individual goals.
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The legal system in the United States is based on _____.
A. constitutional law
B. common law
C. small law
D. statutory law
Which of the following can a grocery store change in the long run?
A. the number of shelves, employees, and parking spaces in the parking lot
B. the type of grocery carts, magazine racks, and produce displays
C. the store location, sign on the storefront, and advertising on the media
D. all of the above
Answer:
I believe all of the above
Explanation:
went with what came to mind if its wrong very sorry.
A grocery store change, in the long run, is all of the above. Thus the correct option is D.
What is the importance of change?In order to remain in competition an organization needs to work on bringing change and innovation in the process as well as a product that helps them in achieving higher revenue by following trends and preferences.
If an organization adopts change frequently it shows its flexibility to cope with the demands of the market in order to meet the level of satisfaction of customers.
A grocery store that is planning to grow may eventually affect the number of shelves, staff, and parking places in the lot which helps in better services to their customers.
The design of the fruit displays, magazine racks, and grocery trolleys as well as the store's location, storefront sign, and media advertising can all help to increase sales and draw in more customers.
Therefore, option D is appropriate.
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4.2. Why do you think capital is important?
Answer:
Capital is important because it's that part of an asset that can be used to repay its depositors, customers, and other claimants in case the bank doesn't have enough liquidity due to losses it suffered in its operations. Capital also helps the bank in times of a liquidity crisis.
Why is it important for a human resource manager to carefully maintain
employee records?
Answer:
Certain records require employee privacy to be protected. Not maintaining and following best practices for employee record keeping leaves you vulnerable to defending yourself against lawsuits, labor investigations or audits.
Explanation:
During 2022, Metlock, Inc. had $117000 in cash sales and $918000 in credit sales. The accounts receivable balances were $162000 and $190800 at December 31, 2021 and 2022, respectively. Using the direct method of reporting cash flows from operating activities, what was the total cash collected from all customers during 2022
The cash collections in the year 2022 comes out to be $1,006,200 by using the direct method of cash flow statement.
What is a cash flow statement?A cash flow statement is an accounting record which tells the final cash position of an entity after finalizing the balance sheet and income statement.
Given values:
Total sales: $1,035,000 (Cash sales + Credit sales)
Increase in accounts receivables: $28,800 (Closing amount - Opening amount)
Computation of cash collected from customers by direct method:
\(\rm\ Cash \rm\ Collections \rm\ from \rm\ Customers=\rm\ Total \rm\ Sales-\rm\ Increase \rm\ in \rm\ Accounts \rm\ Receivable\\\rm\ Cash \rm\ Collections \rm\ from \rm\ Customers=\$1,035,000-\$28,800\\\rm\ Cash \rm\ Collections \rm\ from \rm\ Customers=\$1,006,200\)
Therefore, when the sales are in total of $1,035,000 and there is a increase in receivables by $28,800, then the amount of cash collections comes out to be $1,006,200.
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1. Which of the following is an example of an economic policy in action?
a.) a local school district cutting property taxes, leaving more money in the hands of homeowners
b.) the amount of money in circulation in an economy
c.) the requirement by the Federal Reserve that banks have a certain amount of cash stored
d.) the interest rate the Federal Reserve charges banks for borrowing money
2.) What is a benefit for a government to issue stimulus checks to its citizens?
a.) The money in the Federal Reserve will be emptied, which causes the economy to reset and then begin to increase at a very fast rate.
b.) Basic needs can be paid for and even some consumer spending can occur, thus stimulating the economy.
c.) A country can transition from a "developing" country to a "developed" country.
d.) All spending will cease, thus, making the economy expand and develop further.
1. An example of economic policy in action is the interest rate the Federal Reserve charges banks for borrowing money. The correct answer is option D.
2. A benefit for a government to issue stimulus checks to its citizens is for paying basic needs and even some consumer spending can occur, thus stimulating the economy. The correct option is D.
Economic policies encompass all decisions made by the government concerning taxation, redistribution, and the availability of money.
Stimulus checks are direct government payments made to individuals during times of economic difficulty. They are intended to increase consumer confidence and spending by going to taxpayers, who will then use them to stimulate revenue at merchants and manufacturers. As such, they are intended to stimulate the economy.
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Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.
According to the circular flow model, households buy goods and services that businesses make available in the ______ market.
According to the circular flow model, households sell services to firms in the factor market.
The factor market comprises of all the resources that are used in the production of goods and services, such as labor, capital, land, and entrepreneurship. Households are the primary suppliers of these resources as they provide their labor, savings, and other resources to firms.
In exchange for these resources, firms pay wages, salaries, rent, interest, and profits to households. These payments constitute the primary income of households. This income is then used by households to purchase goods and services from firms in the product market.
The circular flow model highlights the interdependence between households and firms in a market economy. Households supply resources to firms in the factor market, which are then used to produce goods and services in the product market. Firms, in turn, generate income by selling these goods and services to households, which is then used by households to purchase more goods and services.
Therefore, the factor market plays a crucial role in facilitating the exchange of resources between households and firms, which is essential for the functioning of a market economy.
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Ramona enjoys her job because she is able to help kids in an after school program. The work value Ramona feels strongest about is _____.
a.
leadership
b.
risk
c.
independence
d.
work with people
Answer:
work with people
Explanation:
because she enjoys her job working with the kids and helping them out in the after school program at the same time she is showing good leadership to the kids but she gets along with the get and enjoy helping them
Answer:
The answer is D.
Explanation:
Work with people. Give credit to the guy above me!11!
You have two employees who report directly to you. One is making $36,000/year and the second is making $24,000/year. You feel the second employee has done outstanding work, and you want to give her a $3,000/year raise. The company has limited you to a total increase in payroll of 5% for next year. How much of a raise can you afford to give to the first employee if you give the second employee a $3,000/year raise?
Answer:
Zero,( no raise at all)
Explanation:
The total labor cost for the two employees is
=$36,000 + $24,000
=$60,000
If only 5% of increases in payroll is approved, the actual increase
=5/100 x $60,000
=0.05 x $60,000
=$3,000
If the second employee is to get a raise of $3,000 per year, then the first employee will not get any raise.
Which of the following is NOT a legitimate journal entry according to double entry bookkeeping?
These are all legitimate
Crediting one asset and debiting another
Crediting revenue and crediting an expense
Crediting an expense and debiting an asset
According to double-entry bookkeeping, "crediting revenue and crediting an expense" is not a legitimate journal entry.
Double-entry bookkeeping is a bookkeeping method that uses at least two accounts for each transaction in a company's books. Every financial transaction has an impact on two accounts or more in the double-entry bookkeeping method.
The reason behind this is to ensure that the bookkeeping system is balanced. The two sides of each transaction should match up. To avoid errors and to ensure that the balance is maintained, double-entry bookkeeping is used.In addition, it allows bookkeepers to spot and correct errors more quickly, reduces the possibility of fraud, and provides a complete record of the company's financial operations.
Regarding the options given, "crediting revenue and crediting an expense" is not a legitimate journal entry because revenue and expense are different account types that cannot be credited together.
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You are considering buying a building in downtown Asheville. The building is selling for $10 million, and you anticipate an annual FCF of $1 million. At the end of 10 years, the building will be half depreciated, and at this point you think you can sell the building for $15 million. If your cost of capital is 17%, does the building have positive NPV? Assume a 20% capital gains tax on the sale of the building in 10 years; income taxes and depreciation tax shields have been included in the annual FCF of $1 million
The building has a positive NPV and is a good investment opportunity based on our assumptions
To determine whether the building has a positive net present value (NPV), we need to calculate the present value of the expected future cash flows and subtract the initial cost of the building.
First, we need to calculate the cash flows for each year. We know that the annual free cash flow (FCF) is $1 million, and that the building will be sold for $15 million at the end of 10 years, but we also need to account for the capital gains tax. The capital gains tax is 20% of the capital gain, which is the difference between the sale price and the half-depreciated value of the building. The half-depreciated value of the building is $10 million / 2 = $5 million, so the capital gain is $15 million - $5 million = $10 million, and the capital gains tax is 20% of $10 million = $2 million.
Year 1-9:
FCF = $1 million per year
Year 10:
Sale Price = $15 million
Capital Gains Tax = $2 million
Net Sale Proceeds = $15 million - $2 million = $13 million
Next, we need to calculate the present value of each cash flow. We can use the formula:
PV = FCF / (1 + r)^n
where r is the cost of capital (17%) and n is the number of years.
Year 1-9:
PV = $1 million / (1 + 0.17)^n = $1 million / 6.75 = $148,148.15 (rounded)
Year 10:
PV of Net Sale Proceeds = $13 million / (1 + 0.17)^10 = $2,499,342.19 (rounded)
Now we can calculate the NPV:
NPV = sum of PVs - initial cost of building
NPV = ($148,148.15 x 9) + $2,499,342.19 - $10 million
NPV = $1,735,333.34
Since the NPV is positive, the building has a positive NPV and is a good investment opportunity based on our assumptions. However, it's important to note that this analysis is based on several assumptions, and actual results may differ. It's always a good idea to conduct a thorough analysis and consider various scenarios and risks before making any investment decisions.
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What must the reader do to analyze the casual relationship in a passage?
When analyzing causal relationships, you must reveal to readers how different parts and sequences interact with each other over time.
You must explain to readers how various elements and sequences communicate with one another across time when examining causal links. You need to pinpoint the precise causes behind its effects or causes rather than just listing the sequence of events in sequential sequence, as we do when explaining a process. The structure of your business should follow the logic of your analysis. Due to the fact that a specific cause can have numerous distinct effects, this is frequently challenging. Similar to how a cause can have several effects.
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Write any 4 points regarding the nature of target customers, which in the present times has led to the growing importance of ‘Persuasive function of Promotion'? MARKETING
Answer:
A target customer profile is simply a specific group of customers most likely to respond positively to your promotions, products, and services. 4 points regarding the nature of target customers:
What kind of people we’re looking?Where to find them?What our customers want from our brand, to adapt our value proposition so that our brand is relevant to a specific need or problem?How they compare and choose products to adjust marketing campaigns to make our offering seem the most compelling?Digital marketing has led to the growing importance of ‘Persuasive function of Promotion' because customers can learn about promotions from home and even compare the campaigns.
Explanation:
Persuading function of Promotion is to motivate customers to buy products under promotion due to intense competition among different industries producing similar types of products.
2. a Which of the following is a list of broad categories of skills? (l point)
O creativity, art and communications, tools and trade, literacy and language, and interpersonal skills
English and literacy, tools and trade, mathematics, and creativity
O interpersonal skills, intrapersonal skills, writing and literacy, tools and trade, and creativity
O mathematics and data, words and literacy, tools and tasks, interpersonal relationships, and creativity
Answer:
B but it depends on what is in B. If English and Literacy is its own category then it is C beginning interpersonal skills
Explanation:
I suppose the most diverse group is the one beginning creativity, art and communications (B), but only if English and Literacy is part of the answer. If it is not then it is the next one down. beginning with interpersonal skills or C.
The computer accessories that Javier is making and selling are bringing in a substantial amount of money for him. Inspired by this success, he decides to hire two people and expand his business.
Answer:
International competition
Explanation:
International competitions may be defined as when an organization or a business enterprise enters into a competition with the global organizations. It is that driving force which enables an organization to produce more goods and expand their business in a global term.
In the context, Javier making and selling computer accessories decides to expands his business and produce more of his products and hire two employees for his firm. Thus it is an example of international competition.
a.what were the percent changes in nonfarm business productivity between the fourth quarter of 2019 and the first quarter of 2020?
The percent changes in nonfarm business products between the fourth quarter of 2019 and the first quarter of 2020,
To find the percent changes in nonfarm business productivity between the fourth quarter of 2019 and the first quarter of 2020, you would need to look at the productivity data for both quarters. The formula for calculating the percent change is:
Percent change = [(New value - Old value) / Old value] x 100%
So, we need to find the productivity value for Q4 2019 and Q1 2020 and use the formula above to calculate the percent change, which we don't have access to.
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