What are the functions and duties of a commission agent?

Answers

Answer 1
A commission agent works for businesses of all sizes as a middleman between companies and vendors. A person in this role can work in many industries, from real estate to sales and entertainment, and in many parts of the world. A commission agent can also work for more than one business at a time.

Related Questions

what three subjects is the financial manager concerned with?

Answers

A financial manager is typically concerned with three main subjects: financial planning and analysis, investment management, and financial risk management.

What is the difference between them?

Financial planning and analysis involve creating long-term financial plans and budgets and analyzing the financial performance of the organization. This includes forecasting future revenues and expenses and identifying areas where the organization can cut costs or increase revenue.

Investment management involves making decisions about how to invest the organization's money, such as in stocks, bonds, real estate, or other assets. This includes assessing the potential returns and risks of different investments and making decisions about how much to invest in each.

Financial risk management involves identifying, assessing, and mitigating financial risks that the organization may face. This includes assessing the potential impact of various risks, such as market risk, credit risk, and operational risk, and implementing strategies to minimize or manage those risks. This can include things like hedging, diversifying investments, or purchasing insurance.

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What are some personality characteristics that may be important for someone to have when choosing a career in Health Services? Why?
(THIS IS CARRER EXPLORATION!!!)

Answers

Friendliness: being friendly help us prevent loneliness or isolation and are supportive companions as we work toward living purposeful lives

Empathy: the understanding of patients' emotions, concerns and situations, communicating that understanding to the patient and acting on that understanding.

Responsibility and motivation: a health worker will be motivated and express job satisfaction if they feel that they are effective at their jobs and performing well.

what is measured by the level of real gdp divided by hours worked over that year? a.productivity for a given year. b.growth rate of real gdp. c.nominal gdp per person. d.real gdp per person.

Answers

b.growth rate of real gdp is measured by the level of real gdp divided by hours worked over that year.

Gross domestic product is a financial degree of the market fee of all the very last goods and services produced and offered in a particular time period via international locations. due to its complicated and subjective nature this measure is often revised earlier than being considered a dependable indicator.

GDP measures the financial value of very last items and offerings—that is, the ones that are sold by means of the very last consumer—produced in a country in a given time frame (say 1 / 4 or a yr). It counts all of the output generated inside the borders of a rustic

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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must

Answers

When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.

This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.

To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.

Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.

Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.

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Discretionary purchases that are not essential, like buying a second cup of coffee in the afternoon, will most likely have a

Select one:

High price elasticity and a flat demand curve

High price elasticity and a steep demand curve

Low price elasticity and a flat demand curve

Low price elasticity and a steep demand curve

Answers

Discretionary purchases exhibit high price elasticity and a flat demand curve, indicating consumers' responsiveness to price changes.

Discretionary purchases, such as a second cup of coffee in the afternoon, are non-essential and exhibit a high price elasticity and a flat demand curve. Price elasticity measures consumer responsiveness to price changes, and for discretionary items, consumers have more flexibility in decision-making and are likely to respond to price fluctuations.

They can easily adjust their spending patterns by reducing or forgoing the discretionary item if the price increases. Consequently, the demand for such purchases is more elastic, with a small price change resulting in a relatively larger change in quantity demanded.

The flat demand curve illustrates this high price elasticity, highlighting consumers' responsiveness to price changes for non-essential discretionary purchases.

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What is a negative externality

Answers

Answer:

exists when a production or consumption of a product results in a coast of third party

For economics class the answer is : Negative externalities occur when the social cost of a good or service is higher than the private cost.

:)

Gina wants to attend a college with a current tuition of $10,000 a year. She will graduate from high school in two years. Roughly how much will Gina need to save for one-year’s tuition to account for an annual rate of inflation of 2%?

$204.00
$14,00.00
$10,404.00
$20,000.00

Answers

Answer: $14,000(B)

Explanation:

Each year the tuition costs 2% more. She doesn’t start college for another two years so that makes the rate 4% more the 10,000 which is 14,000

Answer:

C

Explanation:

C : $10,404.00 is correct. I got it right on the test. B is wrong.

The triple bottom line "people/social" and it's relationship with social responsibility

Answers

Answer:

TBL was proposed by Elkington. But there is difficulty in measuring social and environmental bottom line.

Explanation:

Triple bottom Line (TBL)  in economics is the line that focus on the relationship on social and environmental concern. In TBL there are three bottom line that is people, profit, and planet. This term Triple Bottom Line was coined by John Elkington in 1994.

His main aim was to measure the performance of people in America. According to this idea it is possible to maintain both economy and environment. It can improve the lives of people as well can save the environment. It can be called a full time cost business. It is like Planet + People = Environmental responsibility + Social.

According to TBL if a company does not pay attention on how to interact socially but only focuses on business, it will not account full business.

The triple bottom line is a concept that states that rather than firms to focus on making profit as sole of operation, they should also commit their impact to the social and environment sphere.

The triple bottom line is divided into 3 according to importance to be given:

People / Social impactPlanet / Environmental impactProfit / Financial impact.

In conclusion, the business concept posit that firms should ensures that its impact are felt in any social and environmental circle around the world.

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Lenders look at the credit score of a loan applicant in order to _____.
a.
verify the applicant’s annual gross income
b.
ensure that the applicant is financially responsible
c.
ensure that the applicant’s credit score is as high as possible
d.
see what types of loans the applicant has applied for in the past


Please select the best answer from the choices provided

A
B
C
D

Answers

Answer:

B

Explanation:

because they make sure you are responsible and careful with money

The correct option is b. ensure that the applicant is financially responsible.

Credit score:A credit score refers to the numerical expression depend upon a level analysis of a person's credit files, for presenting the creditworthiness of an individual. So for looking at the credit score, the applicant should be responsible financially.

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how do you the accounting equation​

Answers

Answer:

1. Assets = Liabilities + Owner Equity.

2. Liabilities = Assets - Owner Equity.

3. Owner Equity = Assets - Liabilities.

Coco-Cola is considering investment in a project that costs $1,200 m and yields cash flows of $500 m in the first year, $600 m in the second year and $700 m in the third year. Compute the NPV of this project. The appropriate discount rate for this project is 10 percent.

Answers

The NPV of the project is $257.66 million, which is positive, indicating that the project is expected to generate value for Coca-Cola and is therefore a good investment.  

To calculate the NPV of the project, we need to discount the future cash flows back to their present value using the appropriate discount rate.

The formula for NPV is;

NPV = CF₁ / (1+r)¹ + CF₂ / (1+r)² + CF₃ / (1+r)³ - Initial Investment

Where CF₁, CF₂, and CF₃ are the cash flows in year 1, year 2, and year 3 respectively, r is the discount rate, and the initial investment is $1,200 million.

Plugging in the given values, we get;

NPV = 500 / (1+0.1)¹ + 600 / (1+0.1)² + 700 / (1+0.1)³ - 1,200

Simplifying the equation, we get;

NPV = 500 / 1.1 + 600 / 1.1² + 700 / 1.1³ - 1,200

NPV = 453.76 + 495.87 + 508.03 - 1,200

NPV = $257.66 million

Therefore, the NPV of the project is $257.66 million.

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Policy

for implementing electronic health records

Before a project starts, project managers and stakeholders agree on policies and guidelines for when change requests will be received as well as guidance on what types of change requests should be approved(rejected). Set your policy for managing change requests for the case project.

Answers

The policy for managing change requests in the case project should include clear guidelines for submitting and evaluating change requests, as well as criteria for approving or rejecting them.

In order to effectively manage change requests in the implementation of electronic health records, it is important to establish a policy that outlines the process and criteria for handling such requests. This policy should define the steps for submitting change requests, including the required documentation and the designated individuals or department responsible for reviewing them.

The policy should also establish guidelines for evaluating change requests, taking into consideration factors such as the impact on project scope, timeline, budget, and overall objectives. Criteria for approving or rejecting change requests should be clearly defined, ensuring that decisions are based on their alignment with project goals, feasibility, and the availability of resources.

Additionally, the policy should include provisions for effective communication and collaboration among stakeholders. It should outline the channels through which change requests are communicated, how feedback and decisions will be shared, and how potential conflicts or disagreements will be addressed.

By having a well-defined policy for managing change requests, the project team can ensure that all requests are systematically evaluated and prioritized based on their impact and alignment with project objectives. This helps maintain project focus, minimizes scope creep, and ensures that changes are implemented in a controlled and effective manner.

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Not super sure about this question.... ​

Not super sure about this question....

Answers

Answer:

Don't use the word super.  Being sure is either you know or don't know.

Explanation:

Just ask a repeat of the question and then if you are unsure, tell the teacher.

What is the Importance of public sector ??

Answers

It is important to have Public Sector in our society because,The public sector provides many essential things at quite a reasonable cost which the private sector cannot. The public sector has the benefit of the people above everything because its purpose is not to earn profits but to benefit the people at all costs

Taryn is 16 years old in a state where the age of majority is 19. Taryn plans to begin working at a restaurant next week. Her parents are willing to let her use one of their cars, but she wants her own car. If Taryn buys a car for fair market value, would she be able to return the car and get a full refund

Answers

Since Taryn is a minor does have special contractual rights  when he purchases necessaries. In this case Taryn does not really need the car since his parents have offered the use of car.

The car dealer could not legally refuse to take the car back and must return Taryn's money.

Fair market value:

The fair market value of a piece of property is the price at which it would change hands between a willing and informed buyer and seller.  The term can be found throughout the Internal Revenue Code, as well as in numerous state laws, bankruptcy laws, and regulatory bodies. In real estate, a property's determined fair market value (FMV) is the price it will sell for on the open market. A willing buyer and seller who are both reasonably knowledgeable about the property in question agree on the FMV.

How significant is fair market value?

Parties can agree on a fair market value provided certain conditions are met. It usually takes place in legal settings and implies free and open market activity. Insurance companies and tax authorities use it extensively.

Question is incomplete . Missing part is:

Taryn is 16 years old in a state where the age of majority is 19. Taryn plans to begin working at a restaurant next week. Her parents are willing to let her use one of their cars, but she wants her own car. If Taryn buys a car for fair market value, would she be able to return the car and get a full refund. Explain the answer.

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who here from K12? (sorry for asking this question)

Answers

Answer:

Explanation:

Answer:

Not I.

Explanation:

This is just constructive criticism, but I don't recommend listing your school here.

the relationship between t-bill interest rates and the federal funds rate can be described best by which of the following statements? group of answer choices the federal funds rate is usually several percentage points higher than t-bills rates. t-bill rates have no relationship with the federal funds rate. t-bills rates and the federal funds rate are nearly the same. t-bill rates are, by definition, always higher the the federal funds rate.

Answers

The relationship between t-bill interest rates and the federal funds rate can be described the best t-bill rates have no relationship with the federal funds rate. t-bills rates and the federal funds rate are nearly the same. Thus, option (c) is correct.

The federal funds rate has a stronger impact on T-bill yields. Only the short-term interest rate known as the federal funds rate, which is located at the extreme left of the curve, is directly under the authority of the Federal Reserve.

The term price of Treasury bonds and the federal funds rate have a strong inverse relationship. Other short-term rates of interest rates across the nation's economy are most directly influenced by the Fed funds rate.

Therefore, option (c) is correct.

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help please and thank youuuuuu

help please and thank youuuuuu

Answers

Answer:

B I'm pretty sure sorry if I get it wrong

Answer:

sales tax

Explanation:

sales tax is a tax a costumer pays for certain goods and services

pls help me asap.....

pls help me asap.....

Answers

Answer:

d

Explanation:

Maria recently put her house on the market at an asking price of $260,000. She realizes, however, that in order to sell the house, she may have to use
Answers:
a. price lining.
b. negotiated pricing.
c. professional pricing.
d. secondary-market pricing.
e. reference pricing.

Answers

b. negotiated pricing. Negotiated pricing involves the buyer and seller discussing and agreeing on a price for a product or service. In the case of selling a house, the asking price may not always be the final price, and negotiations may need to take place between the buyer and seller.

Price negotiation is a common approach to selling a high-priced item, such as a house, where the buyer and seller discuss and agree upon a final price. Negotiated pricing is likely to be the best approach for Maria if she wants to sell her house quickly. This is because negotiated pricing allows for flexibility in setting the final price, taking into account factors such as the current market conditions and the condition of the house. By allowing for a back-and-forth negotiation between the buyer and seller, it can lead to a win-win situation where both parties feel they have gotten a fair deal.

In contrast, some other pricing strategies like price lining or reference pricing may not be suitable for a high-priced item like a house as they may not allow for the flexibility needed to negotiate a final price that is agreeable to both parties. Professional pricing may be useful in cases where a professional valuation is required, but it is not necessarily appropriate for every situation. Similarly, secondary-market pricing may not be appropriate for a unique item like a house.

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Task 2: Savings, Investments, and Risk Management for a Middle-Aged Professional
Talk to a 40-year-old business professional with a family that includes a spouse and children.
This person can be a family member, friend, or mentor. List and describe the savings,
investments and risk management strategies for this phase of life. Describe how financial
planning has changed from the earlier phase of life.

Answers

Some risk management responses that a middle age professional can give include avoiding overspending, making reasonable budgets, having a substitute plan in place for unforeseen events.

What are the investments and strategies?

A middle age professional can invest in real estate business. They could also make it a point to spend carefully and avoid lending money to people who will not pay back.

Of course, they should ahve a stable job that gurantees regular income. in addition to this, there should be a mitigation plan for unforeseen events. These strategies can help them financially.

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All real estate advertising (use of business stationary, newsletters, billboards, etc.) must be done only with the ____________ knowledge and consent.

Answers

When making use of real estate advertising, it is important to get both the broker's knowledge and consent to create awareness.

What is Advertising?

This refers to the creation of awareness for a product or service to get people to buy and create sales and profit as a result.

Hence, in the case of real estate advertising, it is vital that the broker is aware and gives his consent before the awareness creation is done about a piece of property.

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Explain what it means to diversify across investments ?

Answers

Answer:

true

Explanation:

diversification isna technique that reduces risk by allocating investment across various financial instrument across various fiancial instrument industries and other categories . it aims to maximize returns by investing in different areas that would each react differently to the same event

When personal values and corporate values are aligned, employees have more?

Answers

Employees are happier and more motivated to perform well at work when personal values coincide with the basic values of the firm.

How do individual and organizational values relate to one another?In that they serve as indicators of identity and as a basis for what is said and done, company values and personal values are similar in this regard. Personal values are up to us to discover, whereas company values have already been decided and are pre-determined.Employees are happier and more motivated to perform well at work when personal values coincide with the basic values of the firm. They are driven to succeed because they understand how their work contributes to the company's overall performance, which acts as a powerful internal motivator.Employees are happier and more motivated to perform well at work when personal values coincide with the basic values of the firm.        

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One helpful feature of most web 2.0 organization software is that ________. a. it requires one particular internet browser b. it is usually downloaded to a computer hard drive c. it has a complex user interface d. it can usually be synced to a handheld device

Answers

Answer:

The answer is d. it can usually be synced to a handheld device

Explanation:

One helpful feature of most web 2.0 organization software is that it can usually be synced to a handheld device.

Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home

Answers

Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.

Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.

Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.

Hence, the correct options are "A, B & C".

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In the balance of payments, the difference between the value of the goods a country exports and the value of goods a country imports is called the:

Answers

In the balance of payments, the difference between the value of the goods a country exports and the value of goods a country imports is called the balance of trade. The balance of trade is an important indicator of a country's economic performance as it reflects the level of international trade and the competitiveness of a country's goods and services.

If a country exports more than it imports, it has a trade surplus, and if it imports more than it exports, it has a trade deficit. A trade surplus means that a country is earning more foreign currency than it is spending, which can lead to an increase in foreign reserves and a boost to the country's economy. However, a trade deficit can have negative effects on the economy as it means that the country is spending more foreign currency than it is earning, leading to a decrease in foreign reserves and potentially a decrease in the value of the country's currency.
Therefore, maintaining a balance in the balance of trade is essential for a country's economic stability and growth. A balanced trade position can be achieved through a variety of policies, such as promoting exports, reducing imports, or negotiating trade agreements with other countries. In summary, the balance of trade is a critical component of the balance of payments and reflects a country's international trade performance, competitiveness, and overall economic health.

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a. if household wealth falls by 4 percent because of declining house values, and the real interest rate falls by 2 percentage points, in what direction and by how much will the aggregate demand curve initially shift at each price level? aggregate demand will initially shift

Answers

The aggregate demand curve will initially shift leftward due to the decrease in household wealth caused by declining house values, which will likely outweigh the rightward shift caused by the decrease in real interest rates.

The decrease in household wealth due to declining house values will likely cause consumers to reduce their spending, leading to a leftward shift of the aggregate demand (AD) curve. This shift is due to a decrease in consumer confidence and a decrease in the amount of money available for spending.

On the other hand, the decrease in real interest rates will stimulate spending and investment, leading to a rightward shift of the AD curve. This shift is due to the lower cost of borrowing and the increased incentive for consumers and firms to spend and invest.

The net effect of these two shifts will depend on the magnitude of each shift and the overall size of the economy. However, in general, we can expect the initial effect of the decline in household wealth to outweigh the effect of the lower real interest rates, leading to a net leftward shift of the AD curve.

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Indicate how each of the following transactions affects US exports, imports, and net exports.

Transaction
Effect On...

U.S. Exports U.S. Imports U.S. Net Exports
A British scholar spends a year at Harvard University as a visiting scholar.
Your parents go on a trip to Japan in late March for the Cherry Blossom season.
A Canadian buys a new Ford.
The student bookstore at Yale University sells books published by Cambridge University Press.
A European family goes to Disney World in Florida for vacation.

Choice for the table are: increase, decrease, or unchanged

Answers

Answer: See explanation

Explanation:

Exports are the goods and the services that a particular country produces and sells to other countries.

Imports are the goods produced in other countries and sold to ones country.

Net export is the difference between the export an import. An increase in export leads to a rise in the net export.

Based on the above explanation, the answer to the question will be:

1. A British scholar spends a year at Harvard University as a visiting scholar.

US exports - Increase

Imports - Unchanged

Net exports - Increase

2. Your parents go on a trip to Japan in late March for the Cherry Blossom season.

US exports - Unchanged

Imports - Increase

Net exports - Decrease

3. A Canadian buys a new Ford.

US exports - Increase

Imports - Unhanged

Net exports - Increase

4. The student bookstore at Yale University sells books published by Cambridge University Press.

US exports - Unchanged

Imports - Increase

Net exports - Decrease

5. A European family goes to Disney World in Florida for vacation.

US exports - Increase

Imports - Unhanged

Net exports - Increase

China is the #1 producer of wheat; however, the United
States also produces wheat.
What reason(s) might the U.S. have to sell its own wheat as
well as wheat produced in China?

Answers

Economically speaking, where China is the Number 1 producer of wheat and the United States also produces wheat, the U.S. may sell both Chinese and American-produced wheat to meet demand and diversify sources of supply.

What is Supply in Economics?

Supply in economics refers to the quantity of a resource that businesses, producers, laborers, financial asset providers, or other economic actors are willing and able to deliver to the market or to an individual. Supply can be in the form of manufactured items, labor time, raw resources, or any other rare or valued item.

Economic variety or economic diversification refers to changes in a region's or country's economic position or utilization of a diverse range of economic activities.

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