The amount can be determined by the formula of annuity -
FVn = PV(1 +r) ^n
= 20000 (1 + 7.5%)^10
= $ 304, 162.38
Amount in the fund at the end of 10 years will be $304,162.38.
An annuity is a series of payments made over a certain period of time at regular intervals. A stream of future cash payments has both a present value and a future value, which is what they are currently worth (the amount that will be accrued from the payments earning compound interest).
Payments under a typical annuity don't begin immediately away. Instead, payments are made at the end of each cycle, which is usually a month or a year.
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stone and brick are substitutes in home construction. suppose the price of stone increases due to new regulations for the stone quarrying industry. describe the impact this will have on the market for bricks.
an advertising claim could be technically true, yet still be misleading. group of answer choices true false
The statement "an advertising claim could be technically true, yet still be misleading." is true.
What is an advertising claim?The claims that are made by the advertisers on the product can be either expressed or implied. Express claims are those that are explicitly stated in the advertisement, while implied claims are those that are suggested by the advertisement. Whether an advertising claim is true or not is often difficult to determine, as advertisers often use persuasive language and images to make their claims. However, false or misleading advertising claims are illegal in many countries, and there are laws and regulations in place to protect consumers from these types of claims.
Advertising claim emphasizes the fact that advertisers claim certain aspects of their product in a truthful manner, which is true sometimes. However, it can be misleading to certain consumers when advertisers advertise buff their product and over-emphasize certain parts of it.
It can be concluded that the statement "an advertising claim could be technically true, yet still be misleading." is true.
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the ceo of your company, an ohio-based low-cost casual shoe manufacturer with major international experience, has informed you, vp of international operations, of a potential legal/pr problem stemming from your subsidiary in honduras. it appears that the cfo of your honduran operations has been embezzling money, potentially in excess of one million us dollars. more troubling, this cfo has a family member who is a member of a major drug cartel. the embezzlement will go public later this month in a honduran newspaper. you need to decide how to handle this situation. what other issues and challenges do you anticipate? assess courses of action and make a recommendation.
The brand and the company's reputation may suffer significant harm when the word of the deception spreads. Various stakeholders will begin to lose faith in one another. The sales revenue can suffer as a result. Investors may decide to discontinue funding the business.
The actions and suggestions for handling this scenario are listed below. -
Apology: A fast public apology should be made by the corporation regarding the fraud since the embezzlement would be reported in the newspaper. The many stakeholders will value your initiative and genuineness.Appoint an external consultant: In cases of fraud, it is more desirable to use an external consultant to handle crises and manage public relations because stakeholders are more likely to believe a source from outside the organization.Fire the Guilty: In this situation, the CFO must be sacked right away and be subject to legal action. One communication: All of the company's executives who will speak with the press and government officials should share a single message on the incident.Assurance: A top-level manager's pledge that the matter will be immediately corrected would be helpful rather than just a public apology.Employee whistle-blower committee: The management must establish an employee whistle-blower committee in order to prevent such scams in the future.A crisis response team should be established for reputation management and damage control. A legal expert (a lawyer), a marketing team, and a PR team ought to be on the team. The CEO should direct this group in developing a strategy to restore the company's reputation. With a promise that there won't be any more mistakes, the organization should gradually gain the trust of all its stakeholders.
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restaurant akademay finds that there is sufficient demand for its products overseas. however, the restaurant doesn't have the resources to expand beyond the united states. which of the factors below prevent the company from targeting additional segments overseas?
The restaurant lacks the resources to grow beyond the United States. The factors listed under 'business aims and resources' preclude the corporation from targeting other overseas segments.
A restaurant is a business that prepares and serves food and beverages to consumers. Meals are typically served and consumed on the premises, however many restaurants also provide take-out and food delivery services. Restaurants vary widely in design and offerings, including a wide range of cuisines and service models ranging from low-cost fast-food meals and cafeterias to mid-priced family restaurants to high-priced luxury institutions.
The inn was another precursor of the restaurant. Inns were built along roads across the ancient world to provide lodging and food to those traveling between cities. Meals were usually served to guests at a communal table.
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Yields On Municipal Bonds Are Generally Lower Than Yields On Similar Corporate Bonds Because Of Differences In A) Risk B) Marketability C) Call Protection D) Taxation E) Liquidity
Yields On Municipal Bonds Are Generally Lower Than Yields On Similar Corporate Bonds because of taxation.
Thus, the correct option is D.
What are Corporate Bonds?
A corporate bond is a bond that a corporation issues to obtain money for a number of purposes, such as continued operations, mergers and acquisitions, or business expansion.
The phrase is typically used to describe longer-term debt instruments with a minimum one-year maturity.
For instance, a $1,000 face value, five-year, zero-coupon bond could be bought by an investor for $800. When the bond reaches maturity, the business pays $1,000, which is equal to the $800 purchase price plus interest, or the $200 original issue discount, for the first five years.
A portfolio's solid source of income is high-rated corporate bonds. They can assist you in saving money for emergencies, college, or retirement.
A company will issue corporate bonds as a way to raise capital. Investors in corporate bonds are lending the firm money, but the corporation is obligated by law to pay the interest stipulated to bondholders.
The corporation pays the bondholder back when a corporate bond matures, which is when the bond's term expires.
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a food employee applies soap and warm water. rubs hands together for 15 seconds. cleans wrists, arms, and under fingernails. rinses and dries with a disposable towel. which is true?
The correct procedure to be followed by the food employee is to Rinse hands and apply soap then Rub hands together and scrub for at least 10 to 15 seconds after that Clean wrists and under fingernails in the end rinse the soap off.
Food is a substance a certain is consumed to support microbes with vitamin. Foods are usually of plant, animal or fungal origin and contain essential nutrients such as carbohydrates, fats, proteins, vitamins and minerals.
This substance is taken up by living organisms and assimilated into the organism's cells to provide energy, sustain life and stimulate growth. Different animal species have evolved distinct feeding behaviors that meet unique metabolic needs, often in order to meet specific ecological niches within specific geographic contexts.
The question is complete hence the complete question is-
A food employee uses this procedure to wash her hands. Is it correct?
1. Rubs hands together and scrubs for 1 minute.
2. Rinses hands and applies soap.
3. Cleans wrists and under fingernails
.4. Rinses the soap off.
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phillip has been hired as a consultant to review a company's contracting and purchasing procedures. he began by reviewing recent contracts that were awarded and ones that the company lost. then, phillip interviewed employees in both units to ascertain if there were any concerns regarding process, work flows, communication, and expectations. phillip learned that the company had rewarded the number of contracts awarded and gave bonuses for higher amount contracts. phillip recommended a new system that rewarded contracts that aligned with the company's mission, regardless of financial amount. how was phillip applying the systems model of change?
According to the given information, Phillip was applying the systems model of change as a diagnostic framework.
In order to maximize operational and financial performance at an organization while lowering financial risk, contract management involves managing the creation, execution, and analysis of contracts. Increasing amounts of pressure are placed on businesses to cut expenses and boost performance. An efficient and automated contract management system is required because managing contracts turns out to be a very time-consuming aspect of doing business.Typically, contract management includes a few crucial phases. There is the preliminary or pre-award stage. This is all the work that needs to be done before an agreement is made with anyone, whether it be a company or an employee. The process is given a prize during the middle stage. All the paperwork required to formally ratify the agreement is included. The post-award phase comes in third. Here's where a lot of contract management and upkeep comes into play.The contract management process can be thought of in more stages depending on how in-depth a view you're taking, but those three basic stages are a straightforward way to break it down into three phases. A more in-depth look at the procedure will be covered later.Learn more about Contract management, here
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a wholesale food retailer is offered $15.60 per two-layer carton for 5000 cartons of peaches. the wholesaler can buy peaches from their growers at $13.20 per carton. shipping costs $2.40 per carton, for the first 1000 cartons, and $1.90 per carton for every carton over that. will taking this opportunity increase the value of the wholesale food retailer?
A person who sells a lot of goods at lower prices is known as a wholesaler. Dealers and retailers typically receive supplies from wholesalers. The Walmart store is an illustration of one of the largest wholesalers in the world.
The wholesaler paid $78,000 for 5,000 peaches, which is equal to 5,000 times $15.60.
Wholesaling: What Is It?
The practice of purchasing goods in large quantities from a manufacturer at a discount and then selling them to a retailer at a higher price for them to repackage and then resell to consumers in smaller quantities at an even higher price is known as wholesaling.
What distinguishes a wholesaler?
Two possible business models are referred to as "wholesale. "It is possible for a company to purchase large quantities of goods directly from manufacturers, store them, and resell them. Or, businesses that produce their own goods and sell them directly to retailers, who then sell them to end users, could be referred to as wholesale.
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an adjustable rate mortgage has an initial interest rate of 5%. when the first interest rate adjustment date arrives, the rate can be adjusted a maximum of 1%. at all subsequent adjustment dates, the interest rate can be adjusted a maximum of 2%. the highest rate of interest that may be charged at any given time is 9%. what does the 9% rate represent?
The adjustable rate mortgage is represented as a lifetime cap.
A lifetime cap, sometimes known as a life cap, informs a borrower of the highest interest rate they may incur over the course of the loan. Typically, this cap is in effect for the duration of the mortgage. A mortgage is a security interest that a lender holds in real estate to cover an obligation, typically a financial loan. The lifetime gap is the maximum sum a borrower must pay back to the lender under a mortgage.
In most cases, the lifetime cap is specified as an increase in percentage from the starting interest rate. Whatever the margin, it is the highest rate that may be imposed. The initial interest rate in the cited instance was 5%; it can be modified by a maximum of 1% and 2%. Further, it can be charged at 9%, the highest interest rate. This adjustable-rate mortgage is represented as a lifetime cap.
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which of the following is a false statement regarding the benefits of netnography for companies? a. the findings from netnography can be generalizable. b. understand consumer preferences in a product category c. understand consumer choices and identify industry trends d. help product engineers develop new and improve existing products e. assist companies in developing marketing strategies
The following is a false statement regarding the benefits of netnography for companies the findings from netnography can be generalizable.
Some of the ability benefits of netnography encompass the provision of simply reachable facts that may lessen a number of the time-ingesting nature of ethnographic studies through offering extra sources for contrast and study, substantially decreased charges relative to standard fieldwork strategies while. The barriers of netnography draw from the want for researcher interpretive skill, and the dearth of informant identifiers gift withinside the online context that may cause issue generalizing outcomes to businesses out of doors the sample.
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aurico is a company that offers ethics hotline maintenance and monitoring services for organizations. which component of the federal sentencing guidelines for organizations compliance program does this service help organizations to satisfy?
The component of federal sentencing guidelines for organization are Systems for monitoring, auditing, and reporting misconduct
What's association compliance?
In commercial and organizational operation, compliance is the procedure of making sure your association and workers follow practicable laws, regulations, norms, and ethical practices. In addition to succeeding inward programs, it also means being harmonious with state and civil laws. A compliance program is a set of inward programs and operations within a organisation to misbehave with laws, bylaws, and regulations or to justify the business' character.
Federal sentencing guidelines for organization :The FSGO apply to paunches, collaborations, labor mergers, pension finances, trusts,non-profit realities, and administrative units. The forfeits under the FSGO include forfeitures, exploration, public announcements of conviction, and reparation. The FSGO also hold provisions that can mainly alleviate forfeits.
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what are some issues and risks that international packaging faces that are not present in a domestic shipment?
The following are some obstacles and risks that international packing faces that are not present in domestic shipments.
Product damage, export delays, price increases, and the country's culture
What is the Damage to the product?If you are exporting your goods to another country, the packaging must be strong enough to safeguard the contents within. Consider how you would feel if you ordered something from another country and it arrived damaged. Will you buy the same product from the same company again? As a result, the firm must guarantee that the packaging is sufficient to ensure that the product survives the extended travel.
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which of the following is a goal of working capital management? a.) to minimize the cash conversion cycle and, if possible, invert it b.) to balance profitability and liquidity in order to meet growth objectives c.) to maximize profitability at the expense of liquidity d.) to accumulate as much cash and cash equivalents as possible
The goal of working capital management is to accumulate as much cash and cash equivalents as possible,
Monitoring a company's assets and liabilities is necessary for maintaining enough cash flow to cover short-term operating expenses and short-term debt commitments.The working capital ratio, collection ratios, and inventory ratios are just a few of the ratios that are tracked as part of working capital management.Utilizing resources effectively through working capital management can enhance a company's cash flow management and earnings quality.The basic goal of working capital management is to make it possible for the business to keep enough cash flow to cover its short-term operating expenses and short-term debt commitments. Current assets less current liabilities equals a company's working capital.Learn more about working capital, here
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microsoft introduced its zune player a few years after apple launched its ipod and other competitors had offered their new mp3 players. zune sales were very disappointing and microsoft eventually killed the product. according to the textbook, the primary reason for the zune's failure was due in large part to
The primary reason for the zune's failure was due in large part to Bad timing
What was the Microsoft Zune?Zune is a no longer supported media management program for Microsoft Windows that serves as a media streaming server, a full media player application with a library, and an interface to the Zune Marketplace.Microsoft released the Zune HD, a portable media player, on September 15, 2009 as part of the Zune line of products. It was a direct rival to Apple's line of mobile iPod Touch devices. It was first made available in 16 and 32 GB versions.Because it appears that the Zune arrived at the party too late, it flopped miserably. By the time the Zune was in stores, the iPod had controlled the MP3 industry for five years. When the first-generation Zune was eventually introduced.
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sourcing and procurement of raw materials, component parts, finished goods and services is handled by which department?
Sourcing and procurement of raw materials, component parts, finished goods, and services are handled by the Industrial Buyers department.
Procurement is the system of discovering and agreeing to terms and copping goods, services, or another workshop from an external source, frequently with the use of an extending or competitive bidding process. When a government agency buys goods or services through this practice, it's appertained to as public procurement.
Procurement involves every exertion involved in carrying the goods and services a company needs to support its diurnal operations, including sourcing, negotiating terms, copping particulars, entering and examining goods as necessary, and keeping records of all the way in the process. Examples might include raw accouterments, software, services, or products that directly support the production of the products your company sells. circular Procurement Anything not directly related to the product of goods is circular procurement.Learn more about procurement here: https://brainly.com/question/17183208
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economic profit is the difference between a. total revenue and the opportunity cost of all of the resources used in production. b. total revenue and the implicit costs of using owner-supplied resources. c. accounting profit and the opportunity cost of the market-supplied resources used by the firm. d. accounting profit and explicit costs.
An economic profit or loss is the difference between the revenue received from the sale of an output and the costs of all inputs used, as well as any opportunity costs.
The difference between the revenue generated by the sale of a product and the prices of all inputs used, as well as any opportunity costs, is known as an economic profit or loss. Opportunity expenses and explicit costs are subtracted from earned revenues to determine economic profit. Opportunity costs are a type of hidden expenses that are decided by management and change depending on various events and viewpoints.
Accounting profit and economic profit are frequently examined together in analyses. The profit a corporation displays on its income statement is known as accounting profit. Accounting profit is a component of the necessary financial transparency for a corporation and measures actual inflows versus outflows. Contrarily, economic profit is not disclosed on a company's financial statements.
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after a 25% discount, a pair of lebrons costs 67.50. what was the original price? round to the nearest dollar.
Assuming you are referring to the LeBron 15 basketball shoes, the original price would be $90.00. After a 25% discount, the cost would be $67.50.
To find the original price, we take the discounted price of 67.50 and divide it by the decimal equivalent of the 25% discount, which is 0.75.
67.50/0.75
=90.00
The original price of the lebrons was $90.00. The 25% discount brought the price down to $67.50.
Therefore, the original price of the lebrons is $90.00.
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how important is it for top managers to pay a visit to a market or site before making a final decision?
Very important. Field tours are typically used to completely analyze any difficulties that remain so that, in the event that a certain market or site is chosen, the conditions of any agreement are clearly understood.
Top management is made up of those who control an organization's resources, authority, and ability to make decisions. They also have control over how the organization changes.
Those in top management are those who "direct and oversee an organization at its highest level." Furthermore, it says that "top management has the ability to provide authority and allocate funds throughout the business."
A top-level manager is an executive-level professional who is in charge of developing and carrying out organizational plans and policies. They serve as the middleman in negotiations between upper- and lower-level managers. These experts could assist in directing an organization's overall course.
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What is the best example of an etiquette guideline new employees should follow? question 2 options: take credit for a coworker's ideas if you can get away with it bully employees lower on the company hierarchy to help with your tasks let your teammates know if you could potentially miss a deadline arrive five minutes late for meetings because they never start on time
The best example of an etiquette guideline new employees should follow is take credit for a coworker's ideas. Your coworkers are not your contender, you can't do the job alone and teamwork is very important in an organization or company.
New employee etiquette guidelinesWhen you land a job in a company, you are the new guy in that place, you know nothing about it. There are several etiquette guidelines you can follow to cope with the new place, including:
1. Always make a good impression.
2. The key is communication between teammates.
3. Learn your environment, once you handle that everything will be so easy.
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Answer:let your teammates know if you could potentially miss a deadline
Explanation: i took the test
question content area internal control does not consist of policies and procedures that a.protect assets from misuse b.ensure that business information is accurate c.ensure employees and managers comply with laws and regulations d.guarantee the company will earn a profit
Internal control does not consist of policies and procedures that Option(d) guarantee the company will earn a profit.
What is Internal Control?Internal controls are controls put in place by management to mitigate against identified risk. Risk basically refers to what could go wring in a process. Controls are put in place to mitigate against the risk of error or fraud and do not necessarily prevent the company from making a loss.
Companies make profit or loss based on management's decisions such as where to invest, what time to invest, introduction of a new product, management of cost of sales and operating expenses etc
Internal controls basically consist of policies and procedures that ensure that the company's asset are not misused (fraud), no misrepresentation of revenue (fraud), employees and managers comply with laws and regulations, business information is accurate ( no misrepresentation of records due to error) etc.
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which employee would be competent in critical thinking, leadership, communication, and time management skills?
A cost nurse is a registered nurse (RN) who oversees a department of nurses.
Individuals in this position call on scientific and managerial abilities to care for sufferers while additionally imparting training and leadership to other nurses who are working with patients.
Can a cost nurse intubate?As referred to before, some nurses may operate the intubation procedure, depending on the situation, setting, and facility. However, all nurses can take part all through intubation.
What can I count on as a cost nurse?As a cost nurse, you'll be responsible for ordering supplies, scheduling nursing assignments for others on your shift and delegating responsibility, often whilst nevertheless interacting with your very own patients and their families.
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https://brainly.com/question/20448608#SPJ4Why is cash rather than petty cash credited when a petty cash fund is replenished?.
Your "Cash Account" will be credited because it will be debited on your "Petty Cash Account" when your petty cash is replenished.
The reason for credit entry on Cash Account and debit entry on Petty Cash Account is because of double entry accounting system. Cash Account and Petty Cash Account are recorded on a separate journal, therefore when a petty cash fund is replenished, you will have to credit your cash on your cash account journal entry because you take money out from it and then you put it into your petty cash account and make a separate journal entry on your petty cash account showing that money has been put into it and therefore debited on your Petty Cash account.
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southwest airlines has gained a competitive edge and built long-term profits by putting its (fill in the blank) first.
Southwest airlines has gained a competitive edge and built long-term profits by putting its employees first.
Three Reasons why Putting Employees First is Just Good Business
Reduce turnover and the need to hire and onboard new workers. Some turnover is inevitable. Increase productivity; make the most of your team. A positive employee experience spread outward.
Employee engagement is increased when people are prioritized. Employee engagement improves retention, job satisfaction, output, quality, productivity, customer satisfaction, top line revenue, and bottom-line profits.
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A firm producing a good is more likely to have which set of the following characteristics compared to a firm providing a service?.
A firm producing a good is more likely to have the following characteristics in comparison to a firm providing a service: Objective quality standards, tangible product and located away from customers
A firm that produces goods instead of offering services does not require to be near customers. Such firms distribute their products through markets and hence are located away from customers.
A firm producing goods have objectives to produce quality products. They have set quality standards for the products that they produce. As no product is being set in services, hence quality standards are not set there.
A firm producing a good will have a tangible product but services might not be tangible for a firm producing a service.
Although a part of your question is missing, you might be referring to this question:
A firm producing a good is more likely to have which set of the following characteristics compared to a firm providing a service?
- extra services
-tangible product
-Objective quality standards
- located away from customers
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the treasurer of a large corporation wants to invest $34 million in excess short-term cash in a particular money market investment. the prospectus quotes the instrument at a true yield of 4.30 percent; that is, the ear for this investment is 4.30 percent. however, the treasurer wants to know the money market yield on this instrument to make it comparable to the t-bills and cds she has already bought. if the term of the instrument is 107 days, what are the bond equivalent and discount yields on this investment?
Bond equivalent = 3.9%
Discount yield = 3.9%
Define discount yield.When a bond is sold below its face value, the return is calculated as a percentage and is known as the discount yield. The yield on municipal notes, commercial paper, and treasury bills offered at a discount is frequently calculated using discount yield.
Given the following :
Current price = $34 million
Effective annual rate (EAR) = 4.30% = 0.0400
TERM of instrument = 107 days
Bond equivalent yield formula:
[(face value - Current price) /current price] × 365/term
Face value= current price × (1 + EAR)^term/365
= $34,000,000×(1+0.0400)^(107/365)
= $34,000,000 × (1.0400)^0.293150
= $34,000,000 × 1.01156390296
= $34393172.7
Bond equivalent yield :
[(34393172.7 - 34,000,000)/34,000,000]×(365/107)
=[$393172.7 / $34,000,000] × 3.41121495
= 0.0394469586
= 3.9%
Discount yield :
Discount yield uses 30-days a month which equals 360-days a year.
Discount yield formula:
[(face value - Current price) /current price] × 360/term
Discount yield :
[(34393172.7- 34,000,000)/34,000,000]×(360/107)
=[$393172.7/ $34,000,000] × 3.41121495
= 0.0394469586
= 3.9%
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if it was determined that the movement of exchange rates was not related to previous exchange rate values, this implies that a is not valuable for speculating on expected exchange rate movements. a. technical forecast technique b. fundamental forecast technique c. all of these are correct. d. none of these are correct.
The Delphi method, forecast by analogy, growth curves, extrapolation, and horizon scanning are all widely used tools for technology forecasting.
Technology forecasting normative techniques like relevance trees, morphological models, and mission flow diagrams are also frequently utilized.
What are the three methods for forecasting?
Qualitative techniques, time series analysis and projection, and causal models are the three fundamental types.
What are the four types of forecasting?
While a wide variety of quantitative budget forecasting tools are utilized frequently, this article focuses on the top four:
1) simple linear regression;
2) moving average;
3) straight-line; and
4) multiple linear regression
What is the need for technical forecasting?
Technology forecasting, like other forecasts, can assist both public and private organizations in making educated decisions. The forecaster can improve decisions to maximize benefits by analyzing future opportunities and threats.
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advertising encourages wholesalers and retailers to carry the products of a specific manufacturer. select one: a. institutional b. b2b comparison c. trade d. advocacy
A trade advertisement encourages wholesalers and retailers to carry the products of a specific manufacturer.
Advertising is the practice and strategies used to draw attention to a product or service. Advertising attempts to draw attention to a product or service by putting it in the spotlight. It is often intended to promote a certain commodity or service, but it has a wide range of applications, the most prevalent being commercial advertising.
Commercial advertising frequently strive to boost consumption of their products or services by "branding," which equates a product name or image with certain traits in the minds of consumers. Direct-response advertising, on the other hand, is used to encourage an immediate sale. Advertising can also serve to reassure employees or shareholders that a company is viable or profitable.
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gerontographics is one segmentation approach to the mature market that incorporates aging processes and life events to the physical health and mental outlook of older consumers. true false
Gerontographics is one segmentation approach to the mature market that incorporates aging processes and life events to the physical health and mental outlook of older consumers.The given statement is True.
Market segmentation is a marketing concept that describes grouping potential customers into segments or groups with comparable demands and responses to marketing actions. Companies can target various consumer groups using market segmentation who view the full value of particular goods and services in different ways. With the use of market segmentation, companies may target certain consumer segments and create products and branding that appeal to them.
Multiple market segmentation techniques exist, including geographic, demographic, and behavioural segmentation.
Market segmentation assists businesses in reducing risk by identifying the items that are most likely to capture a portion of a target market and the most effective strategies for marketing and distributing those products to that market.
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identify what is included as a form of labor? group of answer choices the equipment used by workers. the technology that workers use. the skills a worker has acquired. the facilities where worker work. previousnext
The facilities where worker work included as a form of labor. Labor acts as a foundation for exchange in addition to serving as a base for consumption and production.
To meet his daily work necessities, a guy requires a lot of different goods. He is unable to generate them all. He must trade his extra produce with others in order to meet his requirements. The Contractor shall furnish all labor, services, materials, equipment, tools, transportation, supplies, and incidentals necessary or convenient for the Contractor to production complete the construction described in the Contract and to perform all duties and obligations wholly or in part imposed by the Contract.
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belmont corporation issues $100,000 of 7% bonds, due in 10 years, when the market rate of interest is 5%. interest is paid semiannually on june 30 and december 31. the issue price of the bonds is:
Belmont corporation issues $100,000 of 7% bonds, due in 10 years, when the market rate of interest is 5%. interest is paid semiannually on june 30 and December 31. the issue price of the bonds is: $104,464.
What is corporation ?A corporation is an organization authorized by the State to act as a single entity and legally recognized as such for a specific purpose. 10 Early corporation entities were incorporated by law. Most jurisdictions now permit the formation of new companies by registration. Corporations come in many forms, but are usually divided by the laws of the jurisdiction in which they are licensed based on two aspects: whether they can issue shares or whether they are incorporated to make a profit. Depending on the number of owners, legal entities can be classified as joint stock companies. One of the most attractive early advantages that corporations offered investors compared to early business entities such as sole proprietorships and limited partnerships was limited liability.To learn more about corporation from the given link :
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