why is it not advisable to compose a business message that includes step-by-step instructions written in narrative form within a paragraph?

Answers

Answer 1

The account design for directions is more hard to follow.

Which factor is the most critical to developing persuasive business messages?

Identifying the message's purpose is the first step in crafting an effective business message. It is possible for the goal to be either general or specific. In the case of the general nature of the purpose, the primary goal is to collaborate with the audience or provide information.

A message serves three purposes: inform, persuade, or show kindness

What is the most difficult aspect of writing a routine business message?

It's hard to find enough information to write a routine message. It is difficult to pique the interest of readers because they are bombarded with routine messages. Routine messages require significant proof to report their cases.

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Related Questions

What are among the most-imported goods in the united states?

Answers

Cell phones, TVs, Pharmaceuticals are among the most-imported goods in the united states Suppliers from Latin America, excluding Mexico and the Caribbean, made up a lesser portion of American imported goods.

In 2021, the United States of America imported goods from all around the world totaling US$2.937 trillion. This Suppliers monetary amount shows an increase of 22.1% from 2017 and a 22% increase from 2020 to 2021.

From a continental standpoint, Asia accounted for 45.3% of all American imported goods by value in 2021. While 22.7% of import sales to the United States came from Europe, fellow North American trading partners provided 25.7% of those Suppliers sales.

Suppliers from Latin America, excluding Mexico and the Caribbean, made up a lesser portion of American imported goods at 4.3%. Africa (1.6%) and Oceania (0.6%), led by Australia and New Zealand, contributed even smaller percentages.

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you want to have $2.5 million in real dollars (hint: it means we need to use the real interest rate in the calculation) in an account when you retire in 40 years. the nominal return on your investment is 10.3% and the inflation rate is 3.7% (hint: do not use the approximation when finding the real interest rate). what real amount must you deposit each year to achieve your goal? [10 pts]

Answers

A Annual deposits is a economic time period that means cash held at a bank.

The required details for Annual deposit in given paragraph

The quantity is computed as follows:

Future value = Annual deposits x [ [ (1 + r)n – 1 ] / r ]

r is computed as follows:

= [ (1 + nominal rate) / (1 + inflation rate) ] - 1

= [ (1 + 0.103) / (1 + 0.037) ] - 1

= [ 1.103 / 1.037 ] - 1

= 0.06364513

So, the quantity may be as follows:

$ 2,500,000 = Annual deposits x [ [ (1 + 0.06364513)40 - 1 ] / 0.06364513 ]

$ 2,500,000 = Annual deposits x 169.685887

Annual deposits = $ 2,500,000 / 169.685887

Annual deposits = $ 14,733.eleven Approximately

A Annual deposit is a transaction related to a switch of cash to every other celebration for safekeeping. However, a Annual deposit can talk to a part of cash used as protection or collateral for the shipping of a good.

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An opinion leader is likely to be most effective under all of the following conditions except when the?

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e) Except when the follower has opinions and ideals that vary from those of the opinion leader, an opinion leader is more likely to be successful.

A person who has prominence, experience, or exposure in the public sphere and who influences public opinion is known as an opinion leader.

An opinion leader is a person or group that has enough authority or influence over a given topic that businesses and organisations rely on their judgement when making decisions. Because humans frequently consult others for advice in a social setting, opinion leaders are crucial to the flow of information.

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Complete Question:

An opinion leader is likely to be most effective under all of the following conditions except when the

a) follower has high product involvement.

b) follower has low product knowledge.

c) follower has values and attitudes similar to the opinion leader.

d) product details are numerous and complicated.

e) follower has attitudes and values that are different from those of the opinion leader.

Which of the following are outcomes associated with various types of organizational culture?

a. more positive organizational outcomes in market cultures
b. higher market share in clan and market cultures
c. more positive work attitudes in clan cultures
d. higher financial performance in market and hierarchy cultures
e. higher customer satisfaction in clan and market cultures

Answers

All the given options reflect the outcomes of the several types of organizational cultures.

Organizational culture refers to the ways of behaving within organizations. The organizational culture comprises the common beliefs, practices, expectations, and values established by leaders that guide and inform the actions of employees. A positive organizational culture is a key to establishing the traits necessary for the success of the business.

Since organizational cultures lead to improved performance, there are various outcomes associated with them such as improving organizational outcomes, raising market shares, boosting work attitude, increasing the financial performance of the business, and making customers more satisfied.

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ava flavell and other owners (flavell) contracted with f.e.b. general contractors, inc. (feb) to conduct renovations on their historic residence. feb subcontracted with maxim jakes home remodeling and repair (jakes) to perform the roofing work on the project. jakes in turn subcontracted with cal bruce home improvements (bruce), to conduct the roofing work on jakes’s behalf. when bruce performed work on the roof, he "botched the job" and caused extensive leaking inside the house. feb and jakes attempted to correct the problems, but eventually abandoned the project, leaving flavell to hire others to complete the renovations. flavell sued feb, jakes, and bruce for breach of contract. jakes sought to dismiss flavell’s claim against it, arguing no privity of contract existed between themselves and flavell, and therefore jakes should not be liable for any damages.

Answers

Based on the given scenario about the contract made bt Ava Flavell with FEB General Contractors to conduct renovations on their historic residence and the work was then subcontracted to Cal Bruce, this is known as Third Party Beneficiaries.

What is the Privity of a Contract?

This refers to the principle that one who is not a direct party to a particular contract normally does not have rights under that contract and this is used in business agreements.

Hence, we can see that the given scenario has to do with the contracting of the job of renovating a house and how the job was also subcontracted to another party who botches the job.

The question of the privity of contract comes up and based on the law of Third Party Beneficiaries, Jakes should not be liable for any damages.

With this in mind, it can be seen that the correct answer to the given question is given above.

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what represents key dates when a certain group of activities must be performed?

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Temporary actions taken to produce an original good or service represents important dates when a specific set of tasks must be completed.

With the aid of numerous cost drivers or numerous activity cost pools, activity-based costing assists in allocating indirect costs, or manufacturing overhead costs.

For example, if we want to apportion setup costs, we must do it according to the number of machine setups.

It is necessary to conduct a certain number of inspections in order to allocate the inspection costs.

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over the years, crest has added a variety of different toothpastes under its brand name, such as cavity-protection crest, sensitive-teeth protection crest, baking soda crest, tartar protection crest, and crest for these additions are examples of:

Answers

These additions are examples of: product line extensions.

What are line extentions?

Over the years, Crest has added a variety of different toothpastes to its brand, such as Cavity-Protection Crest, Sensitive-Teeth Protection Crest, Baking Soda Crest, Tartar Protection Crest, and Crest for Kids. These additions are examples of: product line extensions.The expansion of an established product line is referred to as line extension. For instance, a soft drink company might add a "Diet" or "Cherry" variety to its cola range, or a toy company might add new action figure characters or accessories. To put it simply, line extensions increase the variety of an existing product in order to attract a wider range of clients and retain current ones by offering them more choices.

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Which of the following would a private owner be prohibited from doing?

a. An increase in the rate of investment as a share of total output
b. An increase in the rate of taxation on personal income
c. Passage of regulations restricting international trade
d. Passage of regulations restricting domestic trade

Answers

Of the following what private owners would prohibit is an increase in the level of investment as a share of total output.

Investing is a way to increase the amount of money and assets that you currently have. The concept is different if we intend to collect more money than profit in the future to achieve certain goals.

Investing is a way to increase your wealth with minimal effort. The important thing is that when you invest, all you have to do is invest and wait for your money to grow. So don't be surprised if investors say they make money even if they fall asleep. That is one of the most striking characteristics of investing.

For example, spending 1 million dollar a month in the fund sector with fixed income. During this period, you will earn 40% profit. This means that when you make a withdrawal, your money will increase by $4 million from the profits earned.

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for the year 2010, 33% of taxpayers with adjusted gross incomes between $30,000 and $60,000 itemized deductions on their federal income tax return. the mean amount of deductions for this population of taxpayers was $16,642. assume that the standard deviation is σ

Answers

The probability when the sample of tax payers is 30 is, 0.3545.

What is tax?
A tax is a mandatory financial charge or other type of levy imposed by a governmental organisation on a taxpayer (an individual or legal entity) in order to fund government spending and numerous public spendings (regional, local, or national), and tax compliance makes reference to policy actions and individual behaviour aimed at safeguarding that taxpayers pay the right amount of tax at the right time and receive the correct tax allowances and tax reliefs. The first recognised taxation occurred in Ancient Egypt between 3000 and 2800 BC. Failure to pay on time (non-compliance), as well as evasion or opposition to taxation, is illegal and punishable by law. Taxes can be direct or indirect, and they can be paid in cash or in labour equivalents.

[tex]\begin{aligned}P\left(\frac{-(\bar{x}-\mu)}{\frac{\sigma}{\sqrt{n}}} \leq Z \leq \frac{\bar{x}-\mu}{\frac{\sigma}{\sqrt{n}}}\right) &=P\left(\frac{-200}{\frac{2400}{\sqrt{30}}} \leq Z \leq \frac{200}{\frac{2400}{\sqrt{30}}}\right) \\&=P\left(\frac{-200}{438.178} \leq Z \leq \frac{200}{438.178}\right) \\&=P(-0.4564 \leq Z \leq 0.4564) \\&=0.6772-0.3228 \\&=0.3545\end{aligned}[/tex]


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What are acceptable methods for reporting comprehensive income?

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A single statement or two back-to-back statements may provide comprehensive income.

While supporters of the two-statement style point to the enhanced prominence of the "main" performance measurements of net income and earnings per share as an advantage, supporters of the single statement format favour its simplicity.

The income statement's bottom line, net income, is used as a starting point when constructing the statement. The list of additional comprehensive income elements follows. Unrealized gains and losses on investments, retirement plans, and foreign exchange adjustments are typical examples of other comprehensive income components.

Net income and unrealized income are both included in a corporation's comprehensive income. The non-owner sources of this unrealized income. It might be relevant to profits and losses from currency exchange deals or unrealized gains from financial instruments used as hedges, for instance.

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Professors at ob university must follow strict guidelines when it comes to planning and delivering course material. This is an example of low.

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This is an example of low Autonomy.

Professional jobs rarely have task IDs because employees perform only a fraction of the total job. Employees rarely get a sense of accomplishment because they don't see the big picture. This positive state of mind contributes to satisfaction when employees find their work rewarding.

Motivation Employees who take responsibility for their work, take ownership of their work and know the results tend to be highly motivated. A scope of work that requires an employee to perform all the tasks necessary to complete the work from start to finish. For example, the profession of a craftsman who makes pieces of wood into custom-made furniture is characterized by a high level of job identity.

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A domain controller at each active directory site with access to a site network link, which is designated as the dc to exchange replication information.

a. Events such as theft
b. Events such as sales discounts
c.Events such as errors
d. Events such as loss
e. Events such as damage

Answers

It is to be noted that A domain controller at each active directory site with access to a site network link, which is designated as the DC to exchange replication information is called the Bridgehead Server.

What is a Bridgehead Server?

A bridgehead server is mostly used for intersite replication. For any intersite replication protocol, a bridgehead server may be configured for each site. This aids in the control of the server that is used to duplicate data to other servers.

To find the Bridgehead server(s), utilize the Add Monitored Server Wizard to add a server to the site where you wish to find the Bridgehead server(s). Right-click the server in the left pane and choose Show BridgeHead Servers In This Server's Site.

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opportunity cost is a measure of group of answer choices foregone opportunities. value based on the alternative not chosen. value in terms of the cost of production. the difference between production cost and resource cost. both a and b.

Answers

Opportunity cost is a measure of foregone opportunities, and value based on the alternative not chosen.

Therefore, Option E is correct.

The value or advantage forfeited by engaging in a specific activity in comparison to engaging in a different activity is known as the opportunity cost in microeconomic theory. Simply put, it means that if you choose one activity, you forfeit the chance to do another.

What are some examples of opportunity cost?

The value of the next-highest-valued alternative use of a resource is what economists mean when they talk about its "opportunity cost." You cannot, for instance, read a book at home during the time you would have spent seeing a movie and spend the money you would have spent on something else.

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Complete Question - . Opportunity cost is a measure of

a. foregone opportunities.

b. value based on the alternative not chosen.

c. value in terms of the cost of production.

d. the difference between production cost and resource cost.

e. both a and b.

a single alternative decision structure tests a condition and then takes one path if the condition is true, or another path if the condition is false. t/f?

Answers

False, A single alternative decision structure tests a condition and then takes one path if the state is true and skips if the condition is false.

What is a single alternative decision structure?
a decision-making process that offers just one possible course of action. The programme follows the alternate path if the test condition is true. The simplest decision control structure is this one. It only contains a statement or group of statements that follow the "true" path. The statement, and block of statements, of the structure are executed if the Boolean expression evaluates to true; otherwise, the statements are skipped.

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a 15 year old inherited some property from a grandparent. the 15 year old put the property on the market and accepted an offer. could the 15 year old legally reverse the agreement to sell?

Answers

Yes, the 15 year old could legally reverse the agreement to sell, as they are not of legal age to enter into a contract.

What is agreement?
A contract is an enforceable legal arrangement that establishes, details, and regulates the rights and obligations of the parties. The exchange of goods, services, money, or even a promise to transfer one at all of those at a later time are common components of contracts. The injured party could seek judicial remedies like damages or rescission in the event of a contract breach. Agreements must be kept, which is the foundation of contract law, a branch of the law that deals with contracts.

Like some other areas of private law, contract law differs from jurisdiction to jurisdiction. Common law jurisdictions, civil law jurisdictions, as well as mixed law jurisdictions, which combine elements of both common and civil law, can be used to categorise the various systems of contract law.

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Answer:

yes

Explanation:

the 15 year old could legally reverse the agreement to sell, as they are not of legal age to enter into a contract.

when the main points of your speech are arranged according to geography or location, you are using a ______ pattern of organization.

Answers

when the main points of your speech are arranged according to geography or location, you are using a spatial pattern of organization.

Geography is the study of the nations of the world. The study of the lands, terrain, people, and natural phenomena that occur on Earth is the focus of the science of geography. The word "" was originally used as the title of a book by Greek scholar Eratosthenes, according to historical records. It is the goal of geography, an all-encompassing field of study, to comprehend not just the physical locations of things but also their historical development and human and natural complexity. While geography is exclusive to Earth, planetary science ideas can be applied more extensively to other celestial planets.

The distance between two or more physical locations or objects can be calculated using a spatial pattern. In the study of spatial pattern analysis, also referred to as spatial distribution, spatial patterns are used.

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suppose as a project manager, you have multiple team members working on similar tasks. how would you decide who should work on what tasks?

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As a project manager, I would first learn about the background of each team member and who is familiar with the various types of tasks.

A Project Manager is in charge of a project's planning, procurement, execution, and completion. The project manager is in charge of the entire project and handles everything involved, such as the project scope, project team management, and project resources.

Planning and managing a project to ensure that its stated objectives and deliverables are met is the aim of project management.

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Max weber believed that bureaucracy prevents a firm from achieving a competitive advantage because it is inefficient and is plagued with management problems.
a. true
b. false

Answers

The answer is false. Max Weber thought that a bureaucracy was a sane, effective, and ideal organization built on logic-based principles.

-  The bureaucracy envisioned by Max Weber:

- According to the German sociologist Max Weber (1864–1920), regulated hierarchies and systematic procedures are required to uphold order, enhance efficiency, and eradicate partiality. Bureaucracy is the most effective and reasonable manner that human activity can be organized.

- Bureaucracy is the use of rules and procedures, whether they be spoken or written, to run an organization. The ideal bureaucracy, in Weber's view, is one that has division of labor, a distinct hierarchy, many rules and regulations, and impersonal relations.

- Weber claims that bureaucracies are goal-oriented institutions created in accordance with logical principles in order to effectively accomplish their objectives. Information moves up the chain of command and down the chain of command when offices are arranged in a hierarchy.

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in the b2b buying process, after a business identifies a need, its immediate next step is to describe and quantify it. what is the third step in the process?

Answers

The ultimate stage of the B2B shopping for procedure comes when the client is prepared to make a purchase decision.

From this point, the objective is to furnish excellent purchaser service. This is integral to win their persevered business and get referrals.

What are two of the B2B bases for segmentation?

The three kinds of B2B segmentation bases are demographic, geographic, and behavioral. Although the names of these bases in shape those of the B2C bases discussed up to this point, they apply differently. The predominant B2B demographic variables consist of industry, measurement of the organization, and ownership structure.

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determining the _____ means defining the specific boundaries, or extent, of a project.

Answers

Determining the scope means defining the specific boundaries, or extent, of a project.

    A list of particular project objectives, deliverables, tasks, costs, and dates must be determined and documented as part of the project scope phase of planning. A scope statement or terms of reference is a written description of a project's scope.

It defines the project's parameters, assigns roles to each team member, and outlines the processes by which finished work will be examined and approved.

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What type of decision method relies on information that is not easily measureable, such as assessing the business alignment of a project with corporate objectives?.

Answers

Qualitative decision method relies on information that is not easily measurable, such as assessing the business alignment of a project with corporate objectives.

What are methods of decision?

Decision method are examples of ways in which best option are selected over to solve a problem or an objective.

It involves sampling of several opinions form where a conclusion can be derived to serve as best option.

A decision can either be measurable or non measurable.

When it is measurable it means the decision can be quantified such that the expected result can be projected. But when it is not measurable, it means the decision can not be quantified.

Therefore, Qualitative decision is

is not easily measurable.

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ivanka trump is the daughter of business mogul donald trump. her role as heiress to the trump fortune is an example of ______.

Answers

Ivanka trump is the daughter of business mogul donald trump. her role as heiress to the trump fortune is an example of ascribed status.

In sociology, the phrase "ascribed status" is used to describe a person's social standing, whether it is one that is given to them at birth or one that they unwittingly adopt later in life. ascribed status is a position that the individual neither earns nor is given to them. The New York City headquarters of the American business magazine Fortune. Thai businessman Chatchaval Jiaravanon owns Fortune Media Group Holdings, which publishes it. In 1929, Henry Luce established the magazine. A social position one adopts freely that reflects both one's skill and merit is known as an achieved status. [1] The profession of a person typically falls under the category of an attained position; examples are teacher or firefighter.

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Cristian tries to register his business that employs 2,500 people as a “small business” with the Better Business Bureau but is denied. What is one reason that Cristian’s business likely not considered “small”?

A. a small business must have three owners
B. a small business employs no more than 25 people
C. a small business is limited in size, often employing less than 500 people
D. a small business cannot register with the Better Business Bureau

Answers

One reason that Cristian’s business is likely not considered “small” is that the amount of manpower in his company does not consider to be small. Therefore, option 'C' is the correct answer.

What is a small business?

Small companies are corporations, partnerships, or sole proprietorships that are smaller in scale than larger firms or corporations in terms of both the number of workers and/or yearly income. Depending on the nation and sector, several types of businesses may be considered "small" for the purposes of applying for government assistance and being eligible for special tax treatment.

Small businesses can be found in many different countries and can be found in industries like retail or service like convenience stores, small grocery stores, bakeries or delicatessens, hairdressers or tradespeople (like carpenters or electricians), hotels, motels, and photography as well as industries like web design and computer programming.

Small businesses, self-employment, entrepreneurship, and startup all have similarities but also significant differences.

Thus, option 'C' is the correct answer.

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Eric needs help with his credit problems. Which organization is considered a good, reputable source of information on how to solve credit problems?

Answers

The correct answer is option (b) National Foundation for Consumer Credit (US) 

Credit problem solution can be provided by National Foundation for Consumer Credit (US).

What is National Foundation for Consumer Credit (US)?

A network of non-profit credit counselling groups operates nationally under the name of National Foundation for Credit Counseling (NFCC). People who have taken on too much debt can benefit from counselling in order to avoid filing for bankruptcy, which is one of the main services offered by NFCC member organisations.

If you need help with your money, contact Consumer Credit Counseling Services (CCCS), a membership organisation of regional nonprofit organisations. Consumer finance businesses, banks, credit card issuers, and other lenders all make voluntary contributions to CCCS.

Revolving credit and instalment credit are the two types of consumer credit. Revolving credit works similarly to a credit card in that the borrower is given permission to utilise a certain amount of credit whenever they need it.

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Answer:

b  national foundation of consumer credit (us)

Explanation:

which form would an individual use who has less than $100,000 in taxable income from wages, salaries, tips, unemployment compensation, interest, or dividends, and who is married and does not itemize deductions?

Answers

The individual would use Form 1040A for less than $100,000 in taxable in come.

One of the three forms you might use to file your federal income tax return is the IRS Form 1040A. Form 1040A is a condensed version of Form 1040, which is longer and more complicated than Form 1040EZ. All taxpayers may use Form 1040, but in order to use Form 1040A, you must meet a number of criteria, including having taxable income of $100,000 or less and choosing the standard deduction over the itemized deduction.

Before entering any income, you must select your filing status on Form 1040A and make a list of your dependents. Your income tax is calculated using various tax brackets depending on your filing status, such as "single" or "married filing jointly."

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effect states that the unit cost of many products and services declines by 10 to 30 percent each time a firm's experience at producing and selling them doubles.

Answers

The experience curve pricing effect states that the unit cost of many products and services declines by 10 to 30 percent each time a firm's experience at producing and selling them doubles.

The Experience Curve: What Is It?

The Boston Consulting Group developed the notion of the "Experience Curve," which asserts that there is a regular correlation between a company's total amount of output and its cost of production. The idea suggests that a company's cost of production will be lower the more skilled it is at producing a particular product.

The value-added expenses decrease by a fixed percentage when the total manufacturing capacity (from the first to the final unit) doubles. The expenses for production, marketing, distribution, and administration are included in the value-added costs.

The Experience Curve's genesis

Boston Consulting Group (BCG) originally discussed the experience curve in the 1960s when researching how costs behaved in businesses. The group's founder, Bruce Henderson, oversaw an investigation into a major semiconductor producer to examine the connection between cost behavior and output volume. According to the study, the overall cost of manufacturing decreased by 25% when the producer increased the volume of output.

By manufacturing more of a certain product, a corporation gets to experience, according to the Boston Consulting Group's definition of the connection as an "experience curve." An additional study by BCG in the late 1960s and early 1970s showed that the experience curve impact varied between 10% and 25% for different sectors.

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salesperson sam owns 25% of the outstanding shares of rollo realty, inc., and broker barbara rollo owns the remaining shares. this division of ownership is?

Answers

Salesperson Sam owns 25% of the outstanding shares of Rollo Realty, Inc. and broker Barbara Rollo owns the remaining shares. The division of ownership is Acceptable.

What are shares?

A share is a unit used by real estate investment trusts, limited partnerships, and mutual funds in the financial markets. All of a company's shares are referred to as its share capital. A shareholder of the corporation is someone who owns shares in the company.

Units of equity ownership in a firm are called shares. For some businesses, shares are a form of financial property that guarantee an equitable dividend distribution of any declared residual earnings. A company that does not pay dividends does not distribute its income to its shareholders.

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When a company records the payment to its employees for the work performed during the accounting period. What does it record?

Answers

When a company records the payment to its employees for the work performed during the accounting period. it records Debit Salaries and Wages, Expense, Credit Cash

Wages payable alludes to the wages that a company's representatives have earned, but have not however been paid. Beneath the gathering strategy of accounting, this sum is likely recorded with an altering entry at the conclusion of the accounting period so that the company's balance sheet will incorporate the sum as a current liability. accrued wages are treated as a debit to the wages account, with an offsetting credit to the gathered wages account. Once the worker is paid the sum due, the entries would switch by the beginning of another announcing period.

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which of the following statement pertaining to innovation and entrepreneurship is not true? question 4 options: they are the engines of growth. they require strong property rights. they require state ownership of means of production. they require a market economy.

Answers

The statement about innovation and entrepreneurship is not true:  they require state ownership of means of production (third option).

What is ownership of means of production?

The ownership of means of production includes the labor that is used in the production of services and products for the end customers. It is important to mention that the means of production also include property, capital, and land. All these can either be owned by the capitalist class or can be under the socialist government.

In this scenario, the entrepreneurs and the innovators and their innovation do not require owning the means of production. Instead, the entrepreneur or the innovator alone can bring forth a revolutionary idea or business that will change society entirely.

It can be concluded that the statement about innovation and entrepreneurship is not true:  they require state ownership of means of production (third option).

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if a small country imposes a tariff, then group of answer choices the world price on that item will shift. the producers must suffer a loss. the consumers must suffer a loss. the government revenue must suffer a loss. the demand curve must shift to the left.

Answers

If a small country imposes a tariff, then consumers must suffer a loss.

The tariff has a negative impact on the consumers of the importing country. Market consumer surplus is decreased by the rise in domestic prices for both imported and domestic items.

The tariff benefits the producers in the importing country. The increase in product price raises the market producer surplus. As a result of the tariff, the government also gets benefitted. These funds assist a variety of government expenditure initiatives, helping the government as a whole.

What are tariffs?

A tariff is a levy imposed on imports and exports of goods. When a tariff is applied to a product, the price of that product increases. Tariffs are generally levied on imports.

What is the purpose of tariffs ?

Generally, tariffs are employed to safeguard a nation's economic interests. Tariffs can:

Help domestic businesses sell more products by increasing the price of some imported commodities.Help in employment generation.Protect emerging firms from global competition.

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