What is the role of central bank?.

Answers

Answer 1

Central banks play a critical role in managing economic volatility by implementing monetary policy to achieve price stability (low and stable inflation).

What are the four role and importance of a central bank?The implementation of monetary policy by central banks is a crucial function in achieving price stability (low and stable inflation) and aiding in the management of economic volatility.In recent decades, significant modifications have been made to the policy frameworks within which central banks function.As an example, consider the following central bank duties:Cash reserve custodian.Conservator of foreign money.Lender of last resort.Settlement and transfer clearinghouse.The function of a central bank is to regulate banks, manage monetary policy, and offer financial services, such as economic research.It aims to keep unemployment low, curb inflation, and stabilize the value of the national currency.

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Related Questions

nathan works at godrive rentals, a car rental company. his job involves motivating and developing the company's sales teams as well as working with senior executives in developing and refining the company's marketing and sales strategies. from the given description, it can be concluded that nathan is most likely a(n):

Answers

It can be concluded that Nathan is most likely a(n): middle-level manager

Middle-level managers are those in departments and branches. Their department's operation is their responsibility to the top management. They spend more time performing administrative and leadership tasks. One middle level of management exists in small organizations, but senior and junior middle level management may exist in large corporations. It is possible to highlight their role as:

In accordance with the rules and instructions of the top management, they carry out the organization's plans.

For the organization's divisions, they make plans.

They take part in the employment and training of lower level management.

From upper management down to lower management, they interpret and explain policies.

Coordination of the department's or division's activities falls under their purview.

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Gillian is a real estate licensee who attends a party at the home of a mortgage broker, Tim, with whom she has worked in the past. At the party, Tim offers her tickets to a concert, saying that he can’t use them. She accepts gladly, and laughs when Tim says as he hands the tickets over, "And all I ask in return is that you send a customer or two my way!" Is Gillian guilty of a violation? Unset starred question No, but Tim is. No, there is no violation. Not unless she neglects to disclose the exchange and the value of the tickets to her broker within three days. Yes, Gillian is guilty because she has accepted what is essentially a referral fee from a mortgage broker.

Answers

Answer:

Yes, Gillian is guilty because she has accepted what is essentially a referral fee from a mortgage broker.

Explanation:

Real Estate Settlement Procedures Act (RESPA) are a set of guidelines for licencing agents and real estate agents that is aimed at bringing transparency to settlement costs of properties.

It prohibits referral fees and kickbacks with the view of reducing final closing price to consumers.

In the given scenario Tim offers Gillian tickets to a concert, saying "And all I ask in return is that you send a customer or two my way!"

This is considered to be a referral fee which is in violation of RESPA.

X circle company purchased a computer system black box, inc. With a list price of $100,000 plus 5% sales tax. The cost to deliver and install the computer was $10,000. The debit to equipment equals.

Answers

The debit to the equipment account should equal $115,000 for X Circle Company, which recently purchased a computer system black box.

What is the recognized cost of the equipment?

The costs that should be recognized for the purchase of new equipment (or asset) include all the costs that will bring the asset into use.

These costs include the purchase cost, delivery, and installation costs.

Data and Calculations:

Computer system black box = $100,000

5% sales tax = $5,000 ($100,000 x 5%)

Delivery and Installation costs = $10,000

Total cost of computer = $115,000 ($100,000 + $5,000 + $10,000)

Thus, the debit to the equipment account should equal $115,000.

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Boots Roofing just paid its annual dividend of $.90 a share. The firm recently announced that all future dividends will be increased by 3.5 percent annually. What is one share of this stock worth to you if you require a 12 percent rate of return? a. $10.30 b. $10.35 c. $10.59 d. $10.78 e. $10.96 To whoever answers this can you please write down the calculator inputs please? I'd like to be able to do these on my own and giving me the answer alone doesn't help me. Thank you.

Answers

To calculate the present value of the stock using a financial calculator, you can follow these steps:

Input the required rate of return: 12% or 0.12 as the interest rate.

Input the initial dividend payment: $0.90 as the cash flow.

Input the dividend growth rate: 3.5% or 0.035 as the growth rate.

Using these inputs, you can calculate the present value of the stock. The correct option will be the one that matches the calculated present value.

Using the formula for the present value of a growing perpetuity, the calculation can be done as follows:

PV = D0 / (r - g)

Where:

PV = Present value of the stock

D0 = Initial dividend payment

r = Required rate of return

g = Dividend growth rate

Calculating the present value:

PV = $0.90 / (0.12 - 0.035)

PV ≈ $10.96

Therefore, the correct answer is e) $10.96.

Keep in mind that financial calculators may vary slightly in their inputs and functions, so it's best to refer to your specific calculator's user manual for accurate instructions.

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Operations management is only about being as cost-effective as possible.
O True
O False

Answers

Answer:

True

Explanation:

Any kind of practice which allows a business or other organization to maximize the use of their inputs by developing products at a faster pace than competitors or reducing defects, for example.

(Business Intelligence and Analytics)
What is sentiment analysis? How does it relate to text mining?

Answers

The sentiment or subjective attitude indicated in a document is examined and determined using the computer approach of sentiment analysis, also known as opinion mining.

Sentiment analysis and relationship to text mining

The computer method of sentiment analysis, commonly referred to as opinion mining, is used to examine and ascertain the sentiment or subjective attitude expressed in a document. It entails automatically locating and classifying the feelings, beliefs, or attitudes expressed in textual data, including reviews, posts on social media, client comments, and news items.

The objective of sentiment analysis is to assign a sentiment score that indicates the strength or polarity of the sentiment, or to categorise the text into categories like positive, negative, or neutral.

Sentiment analysis is the process of extracting and evaluating emotions from vast amounts of text data to provide important insights into things like public opinion, consumer feedback, brand impression, market trends, and more.

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Which post-secondary program requires minimal prerequisites?

Answers

Answer with Explanation:

It depends upon the college or university you choose. If you are choosing a foreign college or university then following are the possible minimal pre-requisites:

Age FactorAttained Marks percentage Language Speaking requirement which includes taking an English speaking, learning and writing test. Examples of approved english skills tests programs are TOEFL, IELTS, etc.Minimum Fee depositCharacter CertificateValid PassportPersonal Information Providing Field oriented report which explains why you want to opt this program.Other requirements depending upon the course, university and law that governs the territory in which the institute operates.

Which of the following is a method of accessing the money in your checking account?

Answers

Paying for goods with a debit card at the register method of accessing the money in your checking account.

To access their money, they can use ATMs, checks, or electronic debit or credit cards linked to their accounts. Don't worry, you have a lot of simple options to choose from. Use an ATM. If your bank account is connected to a debit card or ATM (Automated Teller Machine) card, you can withdraw cash there. Write a check for cash, make a cash withdrawal slip, and connect your account to a peer-to-peer payment service. When a debit is made, money is taken out of your bank account. Due to the fact that a credit adds money to your account, it is the opposite of a debit. Your account is debited frequently.

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What is mixed economy in economics?

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A mixed economic system is a system that combines aspects of both capitalism and socialism.A mixed economic system protects private property and allows a level of economic freedom in the use of capital.

The economy in which both the private and public sectors work together to achieve economic development is called a mixed economy but also allows governments to interfere in economic activities to achieve social objectives.It is generally based on the principle of both capitalism and socialism.A mixed economy combines the characteristics of capitalism and socialism.Essentially,a country with this type of economy comprises public and private sectors,where private companies aim to maximize profits,while the government sector works for the well-being of the citizens.A mixed economy allows for private participation in production,which in turn allows for healthy competition which can result in profit.It also contributes to public ownership in manufacturing, which can address social welfare needs.

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Sienna wants to reconcile her bank account to check how much money she has to spend.
What does she need to do to adjust the balance in her bank statement?

While adjusting her bank statement balance, Sienna should first add 1.) ________
and then deduct 2.) _________.

1.)
- deposits in transit
- NSF fees
- bank service charges

2.)
- bank errors
- outstanding checks issued
- interest earned

Answers

1. NSF fees and service charges would be money taking out of her account. She wants to add what is being put into her account so she should add deposits in transit.

The answer is Deposits in transit.

2. Deductions is money being taken out, so she would deduct outstanding checks issued.

Answer: outstanding checks issued.

ECONOMICS-100pts-NEED THIS DONE BY TODAY-
List and fully explain each of the phases of the Business Cycle.

Answers

Answer:

Explanation:

1. Expansion

The first stage in the business cycle is expansion. In this stage, there is an increase in positive economic indicators such as employment, income, output, wages, profits, demand, and supply of goods and services. Debtors are generally paying their debts on time, the velocity of the money supply is high, and investment is high. This process continues as long as economic conditions are favorable for expansion.

 

2. Peak

The economy then reaches a saturation point, or peak, which is the second stage of the business cycle. The maximum limit of growth is attained. The economic indicators do not grow further and are at their highest. Prices are at their peak. This stage marks the reversal point in the trend of economic growth. Consumers tend to restructure their budgets at this point.

 

3. Recession

The recession is the stage that follows the peak phase. The demand for goods and services starts declining rapidly and steadily in this phase. Producers do not notice the decrease in demand instantly and go on producing, which creates a situation of excess supply in the market. Prices tend to fall. All positive economic indicators such as income, output, wages, etc., consequently start to fall.

 

4. Depression

There is a commensurate rise in unemployment. The growth in the economy continues to decline, and as this falls below the steady growth line, the stage is called a depression.

 

5. Trough

In the depression stage, the economy’s growth rate becomes negative. There is further decline until the prices of factors, as well as the demand and supply of goods and services, contract to reach their lowest point. The economy eventually reaches the trough. It is the negative saturation point for an economy. There is extensive depletion of national income and expenditure.

 

6. Recovery

After the trough, the economy moves to the stage of recovery. In this phase, there is a turnaround in the economy, and it begins to recover from the negative growth rate. Demand starts to pick up due to low prices and, consequently, supply begins to increase. The population develops a positive attitude towards investment and employment and production starts increasing.

Employment begins to rise and, due to accumulated cash balances with the bankers, lending also shows positive signals. In this phase, depreciated capital is replaced, leading to new investments in the production process. Recovery continues until the economy returns to steady growth levels.  

This completes one full business cycle of boom and contraction. The extreme points are the peak and the trough.

You are thinking of buying a bond from Bluestone Corporation. You know that this bond is long term and you know that Bluestone's business ventures are risky and uncertain. You then consider another bond with a shorter term to maturity issued by a company with good prospects and an established reputation. Which of the following is correct? a. The longer term would tend to make the interest rate on the bond issued by Bluestone higher, while the higher risk would tend to make the interest rate lower. b. The longer term would tend to make the interest rate on the bond issued by Bluestone lower, while the higher risk would tend to make the interest rate higher. c. Both the longer term and the higher risk would tend to make the interest rate lower on the bond issued by Bluestone. d. Both the longer term and the higher risk would tend to make the interest rate higher on the bond issued by Bluestone.2. During periods of deflation, the nominal interest rate will be a. higher than the real interest rate. b. lower than the real interest rate. c. the same as the real interest rate. d. possibly higher, lower, or the same as the real interest rate. The answer depends on how much deflation there is in the economy3. The CPI is calculated a. weekly. b. monthly. c. quarterly. d. Yearly.

Answers

1. Both the longer term and the higher risk would tend to make the interest rate higher on the bond issued by Bluestone. 2. During periods of deflation, the nominal interest rate will be b. lower than the real interest rate. 3. The CPI is calculated  d. Yearly.

The interest charge that does not take inflation into account is referred to as the nominal interest charge. When there is deflation, the nominal interest rate falls while the real interest rate rises. The nominal interest rate must be subtracted from the price increase rate to get the actual interest rate.

The Consumer Price Index (CPI), which calculates the percentage change in the cost of a selection of products and services that families typically use, is the most well-known measure of inflation.

Divide the cost of the market basket in year t by the cost of the identical market basket in the base year to determine the CPI in any given year.

The CPI in 1984 was equal to $75 divided by $75 multiplied by 100. The CPI is merely an index value, and in this case, 1984 serves as the base year for its indexing to 100. Thus, during those 20 years, prices have increased by 28%.

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A US based company is attempting to merge with a French National conglomerate. With IFRS and GAAP being so different, what would be some of the challenges the two sides may face with the merger from an accounting standpoint?

Answers

The merger between a US-based company and a French National conglomerate can pose several challenges from an accounting standpoint due to the differences between International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP). Some of the challenges they may face include:

Accounting Principles: IFRS and GAAP have different underlying principles and concepts. IFRS is principles-based, emphasizing substance over form, while GAAP is rules-based, providing specific guidelines for various transactions. The differences in accounting principles can lead to variations in the recognition, measurement, and presentation of financial information.

Financial Statement Presentation: IFRS and GAAP have different requirements for financial statement presentation. The formats and classifications of items on the balance sheet, income statement, and cash flow statement may vary between the two sets of standards. This can make the comparison and consolidation of financial statements challenging.

Revenue Recognition: IFRS and GAAP have differing guidance on revenue recognition, particularly in areas such as the timing of revenue recognition, multiple-element arrangements, and percentage-of-completion method for long-term contracts. Aligning the revenue recognition policies of the merging entities can be a complex task.

Valuation of Assets and Liabilities: IFRS and GAAP may have different rules for the valuation of assets and liabilities, such as inventory, property, plant, and equipment, intangible assets, and financial instruments. Differences in valuation methodologies can impact the reported values of assets and liabilities, which can have implications for financial ratios, financial performance, and tax implications.

Business Combinations and Goodwill: IFRS and GAAP have different requirements for accounting for business combinations and the subsequent treatment of goodwill. For example, IFRS allows for the option of measuring goodwill at cost or using the impairment model, while GAAP follows a more strict impairment-only model. This can result in differences in the recognition and measurement of goodwill and the related impact on financial statements.

Disclosures: IFRS and GAAP have varying disclosure requirements, with differences in the level of detail and specific disclosures mandated for certain transactions and events. Harmonizing the disclosure requirements can be a complex task to ensure compliance with both sets of standards.

These are just a few examples of the challenges that may arise during the merger process from an accounting standpoint. It is crucial for the merging entities to have a thorough understanding of the differences between IFRS and GAAP and work closely with accounting professionals and advisors to address these challenges effectively and ensure accurate financial reporting and compliance with relevant regulations.

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Shepherds company. Manufactures two types of shoes sneakers and boots .Each sneakers requires 2 direct labor hours and boots require 1.5 direct labor hours.The overhead rate. Per direct hour is $2 .Direct materials for sneakers and boots is $15-$20 .Respectivelay.The total unit cost for each product.

Answers

The question is incomplete. The complete question is :

Shepherd Company manufactures two types of shoes - sneakers and boots. Each sneaker requires 2 direct labor hours and boots require 1.5 direct labor hours. The overhead rate per direct labor hour is $2. Direct materials for sneakers and boots is $15 and $20, respectively. Direct labor for sneakers and boots is $5 and $7, respectively. The total unit cost for each product is:

Solution :

The total unit cost for a product = direct materials cost + direct labor cost + overhead cost

The total unit cost for the sneakers and the boots are :

Particulars                                           Sneakers     Boots

Direct material cost                                  $15           $20

Direct labor cost                                        $5            $7

Overhead cost                                           $4            $3

Total unit cost                                           $24          $30

The overhead rate per direct labor hour is $2

So, the overhead cost per unit of :

Sneakers : 2 hours at the rate $2 per hour = $4

Boots : 1.5 hours at the rate of $2 per hour = $3

Hence the answer is : total unit cost = Sneakers: $24; Boots: $30

Although Zappos has around 900,000 unique products in its warehouse, company executives think there is room for more. Zappos is utilizing ______ for this promotion.

Answers

Answer: email marketing

Explanation:

Email marketing is the act of promoting a business, a product or anything worth promoting or an exchange of mail. This emails are sent to existing and prospective customers either telling them of this new product or promoting existing goods and services. Zappos utilizes email marketing for this promotion.

Explain the pros and cons of a national bank. What type of system de we have? Why?

Answers

Currently, the United States operates under a Federal Reserve System, a central banking system that manages monetary policy and regulates financial institutions. This system was established to prevent banking panics and ensure economic stability, balancing the pros and cons of a national bank.

What is national Bank

A national bank can offer several pros and cons. The pros include economic stability, centralization of monetary policy, and increased lending capacity. The cons involve potential political influence, reduced competition, and potential risk of "too big to fail."

Economic stability is achieved by controlling inflation and ensuring a stable currency, while centralized monetary policy enables efficient implementation of fiscal decisions.

Increased lending capacity supports economic growth through accessible loans to businesses and individuals. On the other hand, political influence can compromise the national bank's independence, leading to biased policies.

Reduced competition might limit financial innovation and customer choice. The "too big to fail" risk occurs when a national bank's failure would severely impact the economy, necessitating government intervention.

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Suppose a company will issue new 20-year debt with a par value of $1,000 and a coupon rate of 8%, paid annually. The issue price will be $1,000. The tax rate is 35%. If the flotation cost is 2% of the issue proceeds, then what is the after-tax cost of debt? Disregard the tax shield from the amortization of flotation costs. Round your answer to two decimal places. % What if the flotation costs were 11% of the bond issue? Round your answer to two decimal places. %

Answers

Answer:

if the flotation costs were 2%, the after-tax cost of debt is 5.10%

if the flotation costs were 11%, the after-tax cost of debt is 4.63 %

Explanation:

After-tax cost of debt = Market Interest × ( 1 - tax rate)

Calculation of the Market Interest

Hint : Use the time value of money principles

Pv = -$1,000

Pmt = $1,000 × 8 % = $80

P/yr = 1

N = 20

Fv = $1,000

YTM = ?

Using a financial calculator, the market interest is 8%

After-tax cost of debt = Market Interest × ( 1 - tax rate)

                                   = 0.08 × (1- 0.35)

                                   = 0.052 or 5.20 %

If Flotation cost is 2%

Net Receipts after flotation cost = Cost × ( 1 - flotation rate)

                                                     = 5.20 % × (1-0.02)

                                                     = 5.096 % or 5.10% (two decimal places)

If Flotation cost is 11%

Net Receipts after flotation cost = Cost × ( 1 - flotation rate)

                                                     = 5.20 % × (1-0.11)

                                                     = 4.628 % or 4.63 % (two decimal places)

plss need lang po please

plss need lang po please

Answers

Answer:

I feel that im free

Explanation:

because the picture shows gives me a positivity in everything.

Use the as/ad model to describe the effect of each of the following events on the economy of snezhanka (a fictitious nation). beginning with the economy in equilibrium carefully show the shift involved and the new equilibrium. state whether the p (price level) and rgdp at the new equilibrium are higher or lower. for each part of this question, start again at the original equilibrium. what will happen if:

a. taxes on households are decreased?
b. taxes paid by firms are decreased?
c. the value of the national currency, the snezhankan lev, declines in the international currency market?
d. a revolutionary new machine, the aparat, increases worker productivity?

Answers

The following would happen

Aggregate income would increase for households. They would have a rise in output.

taxes on households are decreased

When the taxes are decreased, the households would have a rise in their purchasing power. Their output would go up form q to q2.

taxes paid by firms are decreased

The cost of the firms production is going to fall. The firm would then be able to raise their production hence increasing their supply. Output would rise and price level would fall.

the value of the national currency, the snezhankan lev, declines in the international currency market?

If the value of the currency should fall, then it would cause the demand for foreign goods to rise then there would be a new equilibrium in the market.

a revolutionary new machine, the apparat, increases worker productivity

An increase in productivity would raise supply for the producer hence bringing about a new rise in the price level.

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(Please help)

Question: Drag each label to the correct location on the image.
Match the tasks with the professionals who would complete them.

(Please help)Question: Drag each label to the correct location on the image.Match the tasks with the

Answers

designs transportation etc = civil engineer

uses equipment to cut down trees = logging

inspects building = energy

reduces the amount of energy = energy

designs and oversees = civil engineer

categorizes trees = logging

How does this information about the author influence your opinion about the reality of this source? Discuss at least one other type of source or document that would help you analyze the benefits and drawbacks of free enterprise.

Answers

The correct answer to this open question is the following.

Although the question is incomplete because it has no specific reference to any information or text, we can say the following.

Probably, the question refers to the author called Brooks, who expresses his arguments supporting Capitalism and the free enterprise system as the better form of an economic system. As he is a firm believer in the free enterprise system, his thoughts are biased.

So to have a better perspective, we need at least, another source on the subject. That is why I did my research and found a book that seems to be a good source of the free enterprise system. It is called "Capitalism and Freedom," written by economist Milton Friedman.

Answer:

Brooks is the president of an organization founded to protect the American free enterprise system. As a result, he is likely biased toward free enterprise and will be more likely to argue in its favor without considering its drawbacks. Another source that would be helpful would be an article that describes the negative economic and social characteristics of free enterprise.

Explanation:

Q1. Discuss the differences of the "free flow" interview and the "patterned" interview. Explain which one you would choose for an entry level position interview.

Answers

The difference between patterned and free-flow interviews is Candidates are asked almost similar questions in a patterned interview. However, different aspirants are asked different questions based on situations and merit in a free-flow interview.

some of the differences between free flow interviews and patterned interviews:

-Questions are planned and created in advance in patterned interviews. On the contrary, unplanned questions are asked in a free-flow interview.

Which one to choose:

-Free Flow interviews are mostly applicable for entry level employees. Therefore, Free Flow interview questions are asked to entry level employees to gather some additional information about the employees.

Therefore, The  Differences between patterned interview and free flow interview have been discussed. The best one for entry level employees has been addressed.

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How do you write a business memo?

Answers

Keep your subject line concise but also precise. ...
Lead with the main topic of your memo. ...
Keep your audience top of mind. ...
Include only relevant information. ...
Choose the right tone. ...
Choose the right communication channel. ...
Avoid potentially confusing or misleading mistakes.

Hope this helps have an excellent day!

A memo typically has one or two pages, is single spaced, and is justified to the left. Skip a line between sentences to indicate new paragraphs rather than using indents.

Justified was canceled, why?

Timothy Olyphant, the show's star, and Graham Yost, the show's creator, were principally responsible for the decision to cancel. "They [Yost and Olyphant] thought that the narrative of the show and what they wanted to say would be better served by six seasons instead of seven," said FX network president John Landgraf. "Justified" from FX will only be accessible on Amazon for streaming.

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3. ______ are defined as goods or services that are required for health and safety.

Answers

Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.

What is the safety of goods?

A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.

Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.

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Which states the main difference between a monopoly and an oligopoly?
a. Oligopolies have a few large corporations that are part of the market.
b. Oligopolies have a lot of competition between companies.
c. Monopolies involve a much higher level of competition than oligopolies.
d. Monopolies have many corporations as part of the market.​

Answers

Answer:

a

Explanation:

a. oligopolies have a few large corporations that are part of the market

Jobs that require lower level skills have better benefits, like health insurance, than jobs that require a college education. Please select the best answer from the choices provided T F

Answers

Answer:

False, jobs requiring a higher level of education have more benefits than jobs that require minimal education.

Answer: f

Explanation:

what is used as a set of standard in measurement?​

Answers

Explanation:

A unit of measurement is a definite magnitude of a quantity, defined and adopted by convention or by law, that is used as a standard for measurement of the same kind of quantity. ... Now there is a global standard, the International System of Units (SI), the modern form of the metric system.

I need the answer to the question below

I need the answer to the question below

Answers

Answer:

Explanation:

In case a cadbury's chocolate as cadbury owns the 80 percent of the market.

In case b water as water is daily need and cost of making is low and selling is high

in case c ciggrates are more elastic as for now ciggrates are addiction for large number of people.

In case d computer is used in day to day life and its easy to carry information rather than notepad

case e heating oil in one week as massaging body per week in required

case f bread is cheap as per caviar so large number of people can have in every case

Can someone help me with this. Will give brainly

Assignment 1R
(20 points)
Assignment 1R: Selling and Pricing
Instructions

Save this file in your course folder, and name it with Assignment, the assignment letter, the section number, and your first initial and last name. For example, Jessie Robinson's assignment 1R for Section 1 would be named Assignment1RJRobinson.

Type the answers to the assignment questions below. Use complete sentences unless the question says otherwise. You will have more than one day to complete an assignment. At the end of each day, be sure to save your progress.

Review Lesson 4 of the Course Overview for instructions about turning in your assignments.

Assignment Questions

In Section 1, you learned about selling and pricing. Now, you'll apply what you learned.

1. Choose a type of company that would have sales people, and then answer the following questions about it. TIP: Choose a type of company that you would be interested in working for or starting up yourself.

a. Describe the product the company sells. (1-3 sentences. 2.0 points)

b. Which needs in Maslow's hierarchy does this product appeal to? Why would customers want this product? (1-5 sentences. 3.0 points)

c. Describe the role a sales person would play in selling this type of product. How much help would customers be likely to need from the sales person? (1-3 sentences. 3.0 points)

d. What sales methods do you think would work best for selling this product? TIP: Would you sell the product online, over the phone, in a store, etc.? (1-5 sentences. 2.0 points)

e. Describe the methods you would use to pay and motivate sales people to sell this product. Would you use sales quotas or a particular type of commission structure? Why or why not? (1-5 sentences. 2.0 points)

f. What price do you think the company should charge for this product? Explain what factors you considered in deciding what price to charge. (1-6 sentences. 4.0 points)


g. What pricing strategies do you think would be most successful for this type of product? Describe at least one strategy that would work well for this product, and explain why you believe it would work. TIP: Pricing strategies include psychological pricing, unit pricing, product line pricing, promotional pricing, penetration pricing, and price skimming. (1-6 sentences. 4.0 points)

Answers

Answer:

1. Choose a type of company that would have sales people, and then answer the following questions about it. TIP: Choose a type of company that you would be interested in working for or starting up yourself.

a. Describe the product the company sells. (1-3 sentences. 2.0 point

This company sells items like Phones, Laptops, Headphones, Apple Car    Play, Chargers.

b. Which needs in Maslow's hierarchy does this product appeal to? Why would customers want this product? (1-5 sentences. 3.0 points)

Apple items, such as phones, tablets, and computers, are used to interact with others, so I believe it belongs in the social level.

c. Describe the role a sales person would play in selling this type of product. How much help would customers be likely to need from the sales person? (1-3 sentences. 3.0 points)

They will assist in the marketing of the product they are selling by offering examples that would aid in the sale of the product. The more the product does, the higher the fee paid to the salesperson. They will probably not need much assistance, as a salesperson's primary duty is to help the company market its product or service effectively.

d. What sales methods do you think would work best for selling this product? TIP: Would you sell the product online, over the phone, in a store, etc.? (1-5 sentences. 2.0 points)

Right now, I'd do it on a few different websites. as a result of the pandemic If the pandemic was over, the safest place to be would probably be in a Cellphone store. Since so many people watch television, I will often advertise on television advertisements. or I'd use social media to advertise because I know a lot of teenagers and young adults who love apple and use social media.

e. Describe the methods you would use to pay and motivate sales people to sell this product. Would you use sales quotas or a particular type of commission structure? Why or why not? (1-5 sentences. 2.0 points)

-I would use progressive commission sales, for example:

number of units sold                sales commission

0 - 250                                           2.75%

251 - 500                                       4.50%

501 - 750                                       6.25%

751 - 1,000                                    8.75%

1,001 - 1,250                                 10.50%

-Salespeople would be inspired to sell more units in this manner because they will see a substantial rise in their profits as their sales volume increases.

f. What price do you think the company should charge for this product? Explain what factors you considered in deciding what price to charge. (1-6 sentences. 4.0 points)

I think the company should charge 75$ for headphones, 350-400 for laptop, and 400$ phones. I believe that if prices were lowered the more product would be bought. Not saying their products aren't worth the price that they already are but i believe lower price higher product in demand.

g. What pricing strategies do you think would be most successful for this type of product? Describe at least one strategy that would work well for this product, and explain why you believe it would work. TIP: Pricing strategies include psychological pricing, unit pricing, product line pricing, promotional pricing, penetration pricing, and price skimming. (1-6 sentences. 4.0 points)

I would do promotional pricing because if I can get customers to get interested in the  product quicker, it would be better in the long run. Promotional pricing is when there is a short time of a lower price to increase the volume of sales. Which is why chips/salsa/etc go on sale around the biggest sporting events.

Nico joven presently earns $348.40 per week.He claims himself and his mother as allowances.He is single.He is to get a new job classification, which will result in a 15% increase in pay.He also plans to marry.After his marriage, he will claim his wife, himself, and his mother as allowances.How much less will be withheld weekly for federal income taz?

Answers

The amount less that will be withheld weekly for federal income tax is $40.65.

How to calculate the amount?

The money withheld from the federal income tax will be:

= $348.40/2

= $174.20

The increase in pay will be:

= 15% × $348.40

= $52.26

The new salary will be the addition which is $400.66.

The new money withheld will be:

= $400.66/3

= $133.55

The amount less withheld will be:

= $174.20 - $133.55

= $40.65

Learn more about tax on:

brainly.com/question/25783927

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