Personal examples include vacation savings, mortgage payments, retirement planning, car loans, and investment decisions.
Capital budgeting, loan amortisation, pricing strategies, investment analysis, and pension plans are examples from business and social life.
Examples in Personal Life:
Saving for a Vacation is if you plan to save $1,000 for a vacation in one year, you can calculate how much you need to save each month by considering the time value of money and the interest rate you can earn on your savings. Mortgage Payments is when considering a mortgage for buying a house, you can calculate the monthly payments based on the loan amount, interest rate, and loan term using TVM concepts.Retirement Planning is determining how much you need to save for retirement involves estimating future expenses, considering inflation, and using TVM calculations to determine the amount to save each year. Car Loan is when financing a car purchase, understanding TVM helps in calculating monthly loan payments and comparing different loan offers from lenders. Investment Decisions is the potential return on an investment, such as stocks or bonds, requires considering the time value of money to determine the present value of expected future cash flows.Examples in Business and Social Life:
Capital Budgeting is that businesses use TVM concepts to evaluate investment projects by calculating the net present value (NPV) of cash flows, determining whether a project is financially viable. Loan Amortization is when businesses take out loans, they use TVM calculations to determine the monthly loan payments and interest expenses over the loan term.Pricing Strategies are that Companies consider TVM when setting prices for products or services, taking into account production costs, desired profit margins, and expected future cash flows. Investment Analysis is that businesses analyze potential investments using TVM to assess the profitability and compare different investment opportunities.Pension Plans is that employers use TVM calculations to determine the contributions to employee pension plans, ensuring that future obligations are adequately funded.To know more about the TVM, here
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Why do banks hold reserves at the Fed?
At the Federal Reserve Banks, accounts are maintained by more than 5,000 depository institutions. In order to make and receive payments, they keep a balance in those accounts.
The primary purpose of bank reserves is to prevent panic. Banks are required by the Federal Reserve to keep a certain amount of cash in reserve so that they never run out and have to deny a customer a withdrawal, which could lead to a bank run. In monetary policy, bank reserve levels can also be used by a central bank.
Why do banks store their funds at the Fed?According to Wheelock, the Federal Reserve is a location where banks "can park their money for periods until they find a good investment opportunity, or a good lending opportunity." Fannie Mae, Freddie Mac, and the Federal Home Loan banks are two examples of institutions that hold deposits with the Fed but do not receive interest on those deposits.)
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A sunscreen company sends out a press release about its limited-edition products which benefit a nonprofit for skin cancer. Which of the following is the best way for the sunscreen company to measure the impact the public relations message had on attitudes toward the company?.
Measuring attitude levels before and after the campaign is the best way for the sunscreen company to measure the impact the public relations message had on attitudes toward the company.
Managing how people perceive and feel about a person, brand, or business is known as public relations. Public relations is particularly crucial to quell public or investor outrage after unfavorable news disclosures.
Any company's success depends on PR, especially when its shares are traded publicly and each share's value is based on the public's perception of the company or brand. Public relations specialists are typically in charge of building and upholding the business's image in along with responding to press requests, information requests, and shareholder challenges. Though such actions are against the profession's code of morals, occasionally PR professionals willfully attempt to cause damage to a rival brand or company or engage in negative PR.
Therefore, option D is the correct answer.
The complete question is, "A sunscreen company sends out a press release about its limited-edition products which benefit a nonprofit for skin cancer. Which of the following is the best way for the sunscreen company to measure the impact the public relations message had on attitudes toward the company?
A. Asking consumers for relevant feedback after the campaign
B. Counting the number of media exposures
C. Examining discussions about the campaign on social media forums
D. Measuring attitude levels before and after the campaign
E. Performing a content analysis of the message"
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when a firm expands internationally through selling rights to foreign entities adopt its business format and use its brand name, it is called
When a firm expands internationally by selling rights to foreign entities adopting its business format and using its brand name, it is called franchising. Therefore, the correct answer is option e.
Franchising is a popular international expansion strategy for firms looking to expand quickly and efficiently. Franchising is a business model in which the franchisor grants the franchisee the right to use its business format, brand name, products, and services in exchange for a fee and ongoing royalties.
This allows the franchisee to start a business with an established brand and proven business model, while the franchisor benefits from expanding its reach and generating additional revenue.
Franchising is a popular expansion strategy for businesses looking to expand internationally because it allows for rapid expansion without the need for significant capital investment. Additionally, the franchisee is responsible for the day-to-day operations of the business, reducing the franchisor's operational responsibilities and risks.
However, franchising also has its drawbacks. The franchisor must maintain brand standards and quality control, and there is a risk of franchisees not upholding these standards, potentially damaging the brand's reputation.
Additionally, the franchisor may have limited control over the franchisee's operations, which can lead to conflicts and legal issues.
In summary, franchising is a popular international expansion strategy for firms looking to expand quickly and efficiently while maintaining control over their brand and business model. However, it requires careful planning and management to ensure success and mitigate potential risks. Therefore, the correct answer is option e.
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Complete Question:
When a firm expands internationally through selling rights to foreign entities adopt its business format and use its brand name, it is called:
Group of answer choices
a. establishing a joint venture
b. diversification
c. establishing a wholly-owned subsidiary
d. exporting
e. franchising
chapin company purchased investments in 2019 at a cost of $200,000 and recorded them as trading securities. their market values totaled $250,000 and $230,000 on december 31, 2019, and december 31, 2020, respectively. the entry required on december 31, 2020, would include a
The entry required on December 31, 2020, for Chapin Company would include an adjustment for the unrealized gain or loss on the trading securities.
As per the accounting standards, the trading securities are reported at fair value, and any unrealized gains or losses on these securities are recognized in the income statement as they occur. In this scenario, the market value of the investments was $230,000 on December 31, 2020, which means there was an unrealized loss of $20,000 ($250,000 - $230,000) on the investments during the year.
Therefore, on December 31, 2020, Chapin Company would need to make the following entry:
Debit Unrealized Loss on Trading Securities $20,000
Credit Trading Securities $20,000
This entry would decrease the value of the trading securities to reflect their current market value and recognize the unrealized loss in the income statement. It's important to note that the adjustment for unrealized gains or losses on trading securities is a required year-end adjustment, even if the securities have not been sold.
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how do people progress in a business?
Answer:
with the proper leadership skill and hard work
TRUE / FALSE. compared to more traditional methods for content marketing, social media can be relatively inexpensive group of answer choices.
TRUE. Social media platforms are a cost-effective way to create and distribute content compared to traditional marketing methods such as print advertising, radio or TV ads, and direct mail campaigns.
While social media platforms may require some investment in terms of time and resources, the cost of entry is relatively low, making it accessible to small businesses and startups with limited marketing budgets. Additionally, social media allows businesses to reach a wider audience, engage with customers in real-time, and measure the effectiveness of their campaigns through analytics tools. Overall, social media offers a more affordable and flexible alternative to traditional content marketing methods.
Traditional methods such as print ads, TV commercials, and billboards often require a significant budget. On the other hand, social media platforms allow businesses to create and share content with minimal costs. Organic posts, engaging with customers, and utilizing hashtags are free strategies that can increase brand awareness. Although paid advertising on social media is also an option, the costs are typically lower and the targeting options are more precise, making social media marketing a cost-effective choice for businesses.
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why are inventories valued at the lower of cost or net realizable value what are arguements against the use of the lcnrv
Inventories are valued at the lower of cost or net realizable value i.e. LCNRV because inventories decrease in value due to damage, physical deterioration, obsolescence and other factors.
LCRNV essentially means that a write-down from the recorded cost to the lower NRV would be done if inventory was carried on the accounting records at a value larger than its net realizable value (NRV).
In essence, a Loss for Decline in NRV would be the offsetting debit and the Inventory account would receive a credit. This debit would appear as a charge against (decrease in) income in the income statement.
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what best describes the lack of credibility in arab journalism is
The lack of credibility in Arab journalism can primarily be attributed to factors such as media censorship, lack of journalistic integrity, and the influence of political and economic powers.
Media censorship, often imposed by governments or powerful entities, restricts the flow of accurate and unbiased information. This suppression of free speech hinders the development of independent and reliable journalism, thus affecting the credibility of Arab media outlets. Journalistic integrity is crucial for maintaining credibility in the media landscape. Unfortunately, some Arab journalists may compromise their objectivity and ethical standards due to various reasons, such as personal bias, financial incentives, or pressure from higher authorities. This breach of journalistic values diminishes the trustworthiness of their work and the media organization as a whole.
Moreover, the influence of political and economic powers on Arab journalism further undermines its credibility. Powerful entities often manipulate the media to serve their interests, promoting their agendas or suppressing opposing views. This manipulation of information erodes public trust and confidence in the media, as it becomes difficult to distinguish between fact and propaganda. In conclusion, the lack of credibility in Arab journalism is best described by a combination of media censorship, compromised journalistic integrity, and the influence of political and economic powers. Addressing these issues is essential for fostering a more reliable and credible media environment in the Arab world.
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. Describe an example of a company that manufactures a product. (2-4 sentences. 1.0 points)
Answer:
The Coca-cola Company is a company that manufactures products. It is a multi-national company that manufactures soft drinks.
Explanation:
The Coca-Cola Company is an American company, and producer, retailer, and marketer of nonalcoholic drink stores and sugars. As the consumers demand for more the producers supply more. Further more you can easily find the substitutes of Coca-Cola for example if it’s expensive you can move to Pepsi brand which is the same.
Donald Trump wanted to pull us out of the WTO because he thought China was cheating. Would you stay in or leave?
Answer: I hate Trump and would make him eat tortilla chip vertically :/
Explanation:
which of the following statements is not true? select the correct answer below: a monopolist faces a downward sloping demand function a perfectly competitive firm can choose any quantity it wants at the given market price a monopolist has the power to charge any price it wants regardless of the choices of consumers a perfectly competitive firm cannot influence the market price
The statement that is not true is "a monopolist has the power to charge any price it wants regardless of the choices of consumers." While it is true that a monopolist has some degree of pricing power, they are not able to charge any price they want without consequence.
A monopolist faces a downward sloping demand function, meaning that as they increase their price, the quantity demanded by consumers decreases. The monopolist must balance their desire for higher prices with the need to sell enough units to make a profit. If they charge too high of a price, they risk losing customers to substitutes or driving them out of the market altogether.
In contrast, a perfectly competitive firm cannot choose any quantity it wants at the given market price because they must take the price as given and adjust their output accordingly. They also cannot influence the market price because they are a price taker, meaning they must accept the prevailing market price or risk losing sales to competitors.
In conclusion, while a monopolist has some pricing power, they are not free to charge any price they want without consequences. They must balance their desire for higher prices with the need to sell enough units to make a profit, and cannot charge prices that are too high without risking losing customers to substitutes or driving them out of the market altogether.
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Multiple select
the two most important factors for clients seeking an external marketing research firm are
and
(select all that apply.)
honesty
flexibility
proven track record
client confidentiality
The two most important factors for clients seeking an external marketing research firm are proven track record and client confidentiality.
When selecting an external marketing research firm, clients typically prioritize a proven track record. They seek a firm that has a demonstrated history of delivering reliable and accurate research results. This factor provides assurance that the firm has the expertise, experience, and resources to conduct effective market research.
Client confidentiality is another crucial factor. Clients want to ensure that their proprietary information, sensitive data, and research findings will be treated with the utmost confidentiality and will not be disclosed to unauthorized parties. Trust and confidentiality are essential in maintaining a strong client-firm relationship and protecting the client's business interests.
While honesty and flexibility can also be important considerations, the question asks for the two most important factors, and in this case, proven track record and client confidentiality take precedence.
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What are software applications?
Answer:
any program or number of programs designed for end-users. That’s it, in a nutshell. In that sense, any end user program can be called an “application.”
Answer: it is a group or grpoups of programs
Explanation:
if the decision is to retain the defender, the cost estimates and the decision will be revisited each year
If the decision is made to retain the defender, it's important to keep in mind that the cost estimates and decision should be revisited each year.
This is because the cost of retaining a defender can fluctuate depending on a variety of factors, such as changes in the market or the player's performance. By reassessing the cost estimates and decision on a yearly basis, organizations can ensure that they are making the most financially sound decision for their team. Additionally, regularly revisiting the decision can help organizations adapt to any changes in the market or player performance, allowing them to make informed decisions about their team's roster. Overall, keeping the cost estimates and decision to retain a defender under regular review is an important aspect of managing a successful sports team.
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A production process requires a fixed cost of $ 50,000. The variable cost per unit is $ 25 and the revenue per unit is projected to be $ 45. Write a mathematical expression for total profit?
Answer:
y = $ 20 x - $ 50,000
Explanation:
A mathematical expression for total profit can be taken out of the Cost Volume Profit analysis as follows :
Total Profit = Contribution - Fixed Costs
where,
Contribution = Sales - Variable Costs
= $ 45 - $ 25
= $ 20
therefore,
if x units are sold the mathematical expression for total profit y can be determined as :
y = $ 20 x - $ 50,000
5) Which of the following statements concerning external sources of financing for nonfinancial businesses in the United States are true?
A) Stocks are a far more important source of finance than are bonds.
B) Stocks and bonds, combined, supply less than one-half of the external funds.
C) Financial intermediaries are the least important source of external funds for businesses.
D) Since 1970, more than half of the new issues of stock have been sold to American households.
Among the given statements concerning external sources of financing for nonfinancial businesses in the United States, statement D - Since 1970, more than half of the new issues of stock have been sold to American households - is true.
Statement A, which claims that stocks are a far more important source of finance than bonds, is not accurate. In reality, bonds can be a significant source of finance for businesses, especially for companies seeking debt financing. Stocks and bonds play different roles in financing, with stocks representing equity ownership and bonds representing debt obligations.
Statement B, which states that stocks and bonds combined supply less than one-half of the external funds, is also incorrect. Stocks and bonds combined typically constitute a substantial portion of external funds for businesses, especially for larger corporations.
Statement C, which suggests that financial intermediaries are the least important source of external funds for businesses, is not necessarily true. Financial intermediaries, such as banks and other lending institutions, often play a crucial role in providing loans and credit facilities to businesses, particularly small and medium-sized enterprises (SMEs).
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Your mutual fund was valued at $237,500. It has lost 6% per year for the last 3 years. What is its value today?
Answer:
$197,263.7
Explanation:
The current value can be found by use of the compound interest formula. Since the asset has been losing value at 6 % per year,
the interest rate will be -6%
The formula for compound interest is FV = PV × (1+r)^n
in this case
FV= current value
PV= $237,500
r= -6% or -0.06%
n= 3 years
Fv= $237, 500 x ( 1 + (-0.06)^3
Fv=$237,500 x (0.94)^3
Fv= $237,500 x 0.830584
Fv= $197,263.7
The current value =$197,263.7
The marketing team of Kyns Technologies needed more funds to carry out market research for one of its new products. The research and development team also needed funds to improve the company's existing products. The teams decided to split the company's funds so that both teams could use them, but not optimally. Which of the following concepts does this scenario illustrate? A. Despotism B. Compromise C. Repression D. Domination
Answer: compromise
Explanation:
Compromise refers to a scenario whereby a deal is made between different parties and in such scenario, each party gives up part of their demand. It simply means finding agreement through communication.
Since despite the need of the marketing team and the research team, both teams decided to split the company's funds so that both teams could use them, but not optimally. This is referred to as compromise.
Answer:
Compromise
Explanation:
When agreement is made or a conclusion is reached between tow different parties or wings, such that each of the agreeing parties has to shelve a certain part of its plans or demand in other to reach a reasonable conclusion. This idea shelving or cutting down on intention or projects by each party is called compromise. In the scenario, both the marking and research and development teams needed funds, however, due to inadequate provision, they had to agree on rationing what is available even though an optimal usage would be very unlikely.
distribution supports which elements of the marketing mix strategy
a. place
b. price
c. product
d. promotion
Answer:A.place
Explanation:jus took the quiz
Answer:
place
Explanation:
just took the test
Badan is a new autoparts business that sells autoparts which it bought from various suppliers The business commenced operating on 1 July 2020. The following events have occurred so far during the month: 1/7 Commenced business with cash of $140,000 and inventory worth $52,000 5/7 The owner withdrew $2,600 for her own personal use. 10/7 Sold autoparts costing $800 for $1800 and received cash. 17/7 Received a loan of $60,000 from the bank Required: Prepare the transaction analysis to record these events. (11 marks) If you accidentally delete the answer template, you may undo the deletion using "Ctrl + Z" (for Windows) or "Command + Z" (for Mac). If that does not work, please click on this link Answer Template. You may copy and paste the answer template to the answer box.
the transaction analysis to record the events for Badan, the autoparts business :
Date | Account | Debit | Credit-----------------------------------------------------------------
1/7 | Cash | $140,000 | 1/7 | Inventory | $52,000 |
1/7 | Owner's Equity | | $192,000-----------------------------------------------------------------
5/7 | Owner's Equity | $2,600 | 5/7 | Cash | | $2,600
-----------------------------------------------------------------10/7 | Cash | $1,800 |
10/7 | Sales Revenue | | $1,80010/7 | Cost of Goods Sold | $800 |
10/7 | Inventory | | $800-----------------------------------------------------------------
17/7 | Cash | $60,000 | 17/7 | Loan Payable | | $60,000
-----------------------------------------------------------------
In the transaction analysis, the date of each event is listed along with the accounts involved, the debit and credit amounts for each account.
| $52,000 |
1/7 | Owner's Equity | | $192,000-----------------------------------------------------------------
5/7 | Owner's Equity | $2,600 | 5/7 | Cash | | $2,600
-----------------------------------------------------------------10/7 | Cash | $1,800 |
10/7 | Sales Revenue | | $1,80010/7 | Cost of Goods Sold | $800 |
10/7 | Inventory | | $800-----------------------------------------------------------------
17/7 | Cash | $60,000 | 17/7 | Loan Payable | | $60,000
-----------------------------------------------------------------
In the transaction analysis, the date of each event is listed along with the accounts involved, the debit and credit amounts for each account. The debits and credits must balance in each transaction.
On 1/7, when Badan commenced business, it recorded the cash and inventory brought into the business, which increased the assets (cash and inventory) and the owner's equity (capital).
On 5/7, when the owner withdrew $2,600 for personal use, it reduced the owner's equity and cash.
On 10/7, when autoparts were sold for $1,800, it increased cash and sales revenue, while reducing inventory and recording the cost of goods sold.
On 17/7, when Badan received a loan from the bank, it increased the cash and recorded a liability in the form of a loan payable.
Please note that the amounts are assumed and the analysis provided is a simplified representation for illustrative purposes.
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Assuming that there is an oversubscription for shares in a
company, how can the directors of the company deal with the funds
that have been oversubscribed?
When there is an oversubscription for shares in a company, the directors can choose to allocate the shares on a pro-rata basis, meaning that each investor receives a portion of the shares they subscribed for based on the total amount of oversubscription.
Another option is for the directors to allot the shares based on a first-come, first-served basis, where the investors who applied for shares first receive priority. The company may also choose to return the excess funds to the investors who subscribed for the oversubscribed shares. It is important for the company to disclose its oversubscription policy in its prospectus to avoid any confusion or legal disputes.
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Which of the following must be present for an offer to have a legal effect? Select one: a. Invitation to offer b. Communication of the intention c. Invitation to negotiate d. Definiteness
Answer:
I believe your answer would be D, Definiteness.
Hope this helps!
A legal impact can only be conferred on an offer if the terms are clear-cut. Thus option (D) is correct.
What is the impact?The term impacts The feeling you leave on this life and others is your legacy. You have the ability to become accountable for your actions and be intended of your path. You can be deliberate about your influence and your impact. As we see there are impacts on things or on life are being there in it also be there in it by the different impacts changes are being there also in it.
As we see, there are so many impacts are being there but in the George Herman as we see the impact can be on the sports are there in it by the impact on sports things has been changed here by the different things the impact can be seen and other also in it.
Therefore, Thus option (D) is correct.
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you work 6 hours a day and make $40,000 a year. your colleague works 8 hours a day and makes $40,000 a year. what is the most likely result?
The most likely result is You will have cognitive dissonance to justify your salary by assuming your work is harder than your colleagues.
What is cognitive dissonance?Cognitive dissonance is the impression of contradictory information and the mental strain that results from it, according to psychology. Actions, emotions, thoughts, beliefs, values, and environmental factors are all examples of pertinent pieces of information. When people take a step that contradicts one or more of those, cognitive dissonance commonly manifests as psychological discomfort. This hypothesis states that when two acts or concepts are not psychologically consistent with one another, people will try all in their power to change them until they are. When a person's beliefs conflict with newly discovered facts, discomfort results, and the person seeks to find a method to make sense of the conflict in order to feel better.
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Which technology do online stores usually use to present customized content?
Online stores usually use __
technology to present customized content.
Answer:
real time analytics
Explanation:
Compensation for your employer over and above your income describes:
The compensation that can be provided to the employer over and above employee's income could be an Insurance payment or accumulated Tax refund.
What is Insurance?Insurance is a financial plan that promises to mitigate any loss suffers.
What is Tax refund?
A tax refund entails money return to an organization if they pay more tax than they should.
In conclusion, the compensation that can be provided to the employer over and above employee's income could be an Insurance payment or accumulated Tax refund.
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which of the following is not true about intra-industry trading? group of answer choices with intra-industry trading, comparative advantage is not fixed as taking advantage of economies of scale plays a larger role in productivity than geography or education levels intra-industry trading can keep costs low collectively, while giving consumers lots of options to choose from with intra-industry trading, countries can specialize in unique processes and skills in intra-industry trading, firms can often control the entire value chain for their product
Contrary to popular belief, using economies of scale to increase productivity has more of an impact on productivity with intra-industry commerce than geography or educational attainment.
Trade between nations that takes place inside the same industry or sector is referred to as intra-industry trade. Contrary to popular belief, disparities in educational attainment or geographic location do not necessarily have a significant impact on comparative advantage in intra-industry trade. In fact, maximising productivity through economies of scale may have a more profound effect on both productivity and competitiveness in intra-industry trade. By utilising economies of scale, businesses may cut their unit costs and provide consumers with a larger selection of items, increasing sales and profits. When businesses look to boost their efficiency and competitiveness in a worldwide market, this may lead to increasing specialisation and greater control over the value chain.
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list one career cluster and three career pathways related to this cluster
Answer:
Business Management & Administration: General Management pathway: general manager: Walmart.
Business Management & Administration: Business Information Management pathway: IT manager: Walmart.
Business Management & Administration: Human Resources Management pathway: HR director: Meijers.
Business Management & Administration: Operation Management pathway: Operations manager: Meijers.
Business Management & Administration: Administrative Support pathway: Administrative assistant: Kroger.
Finance: Securities & Investments pathway: Bank teller: Huntington.
Finance: Business Finance pathway: accountant: Kroger.
Finance: Accounting pathway: auditor: H&R Block.
Finance: Insurance pathay: insurance claim agent: Amica.
Finance: Banking Services pathways: bank teller: Huntington.
Marketing: Marketing Management pathway: forecast manager: Adidas.
Marketing: Professional Sales pathway: salesperson: Adidas.
Marketing: Merchandising pathway: Sales Promotion manager: Walmart.
Marketing: Marketing Communications pathway: Advertising manager: Adidas.
Marketing: Marketing Research pathway: product planner: Nikes.
Explanation:
Business management and administration can be one of the career clusters.
What is a career?You maintain the same line of employment when you have a career. A profession can consist of one or several jobs. You may work for a single corporation or several. A career education, experience, and professional experience. A career is often referred to as a "career path."
One of the career clusters is a business management and administration.
Three paths to careers in this cluster
Management of corporate information will help them to become managers and know how to handle people.Management, in general, will help in smooth working. Human resource administration will make sure that the relationship between the employee and the employer is working smoothly.Learn more about career, Here:
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what did the poll tax, the literacy test and the ku klux klan each attempt to limit?
Answer:
They were attempting to limit the effectiveness of the 14th and 15th amendments.
Explanation:
The poll tax, the literacy test and the ku klux klan each attempted to limit the 14th and 15th amendments.
You are a potential stockholder and are concerned that a particular company you are ready to invest in, might have too much debt. which financial statement would provide you with the information needed to evaluate your concern?
You are a potential stockholder and are worried that a particular company you want to invest in has a large amount of debt. The financial statement that provides the information necessary to assess concerns is the balance sheet.
What are balance sheets?A balance sheet is a summary of a company's assets, liabilities and equity at a particular point in time. It is one of the basic documents that make up a company's financial statements. There are three types of balance sheets: Comparative balance sheet. Vertical balance sheet and Horizontal balance sheet.
Why use a balance sheet?A balance sheet provides a snapshot of a company's financial position at a particular point in time. In addition to income and cash flow statements, the balance sheet helps business owners assess the financial health of their company. A balance sheet report on the organization's assets (what it owns) and liabilities (what it owes).
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Jobs sights on the internet tend to be all alike. True or false?
Please help I’ll give Brainly to the best answer thanks!
Answer: True
Explanation: